26 February 2019
Yes, you have to deduct TDS u/s 92 amounting of Rs. 308 every month and also need to deposit TDS Income Tax Slab Rates for Financial Year 2018-19. Income up to Rs. 2,50,000 Nil Income between Rs. 2,50,001 - Rs. 500,000 5% of Income exceeding Rs. 2,50,000 324000 -250000 = 74000 5% of Tax 3700 / 12 = 308 for further query 99903 + 63345
26 February 2019
Certain allowances salary component is exempt u/s 10, also standard deduction 40000/- applicable, also claim rebate 2500/- taxable Salary below 350000/-,
Above salary is below threshold limit TDS not Applicable