If a man's salary 19000/- per month
And there is no TDS has been by the Company. Then how to deposit tax.

With the new rules in place with regard to TDS, how do we make the TDS payment for the month of April relating to A.Y.2010-11?
Plz explain in detail

Hi,

Below is the current breakup of salary in our company

CTC PER ANNUM 2100000
CTC PER MONTH 175000
SALARY STRUCTURE
Basic & DA 87500
HRA 35000
Conveyance 800
CCA 23018
Total [A] 146318

STATUTORY BENEFIT
PF Employer's Contrib 10500
Gratuity 3640
Total [B] 14140

MONTHLY REIMBURSEMENT
Medical Reimbursement 1250
LTA 7292
Fuel Reimbursement 6000
Total [C] 14542

GRAND TOTAL [A+B+C] 175000

As most of the employees are high salaried persons in our company, I want to know whether we can give any more exemptions to employees like food coupons, driver salary, vehicle maintenance etc.

If we can,please let me know the maximum amount we can give on food coupons, drivers salary and vehicle maintenace.

Kindly help me out in this regard.

What is Curent Rate of TDS For Corporate

a. Payment Of Contractor

B. Payment Of Professional Charges

c. payment of rent

Dear Friends,

I want Rs. 1 Lac after 3 year for a social function.

For that i want invest monthly, so that i can get Rs.1 Lac including interest after 3 years.

What is the best option for the same?

i would like to know (a) formula for Reducing Rate of Int V/s. Flat Rate of Int.
If reducing is 10%p.a., how much will be flat rate ?
(b) how to prepare ammortization schedule in excel sheet, for loan with EMI with reducing balance of int. ?

regards anckoora

500sq. metere land in urban is exempted under the wealth tax in this clarify the followings. 1. what is the correct area of land in 500 sq metere in feet. and if land is in rural area exemption is available.

Suppose one employee is drawing Basic pay of Rs. 24,000 per month. Employer contribute to PF max – 12% of 6500 = 780/- and employee contributes 12% of 24,000 = 2880/-. So here employee's and employer’s contribution to PF is different. And in the same company for second employee with same basic of Rs.24000/- employer’s contribution to PF is Rs.780/- & employee also contributes Rs.780/-.

So in first employee's case contribution by employer and employee is different and in second employee's case contributions are same by both employee and employer but differ from practice following for fist employee's case.

Is this allowed by RF department?
Can employee contribute 12% of 24000 and employer contribute 12% of 6500 (max limit)

Please revert.

Regards,
Mehul.

what is due date for deposits and filling of return fot TDS for the month march 2009.

I want to ask this question just for my personal knowledge purpose. The questions does not relate to any person.
If some people are earning lot of black money. How can a citizen file complain against them without disclosing the identity of the complainer?