FIRST OF ALL, I WOULD LIKEEEEEEEEEEEEEE TO SAY THAT DON'T WORRYYYYYYYYYYY MADAM,& TRY TO FOLLOW WHAT I AM SAYING NOWWWWWWWWWWWW,
LETS AS AN EXAMPLE, MADAM DIVYAAAAAAA EARNING OF RS 50000/= PER MONTH. SO, DURING F.Y 2012-2013, HER TOTAL INCOME WOULD BE OF RS. 600000/= , VERY GOOD , THEN , SHE CLAIMED OF RS 100000/= U/S 80C , THEREFORE, HER INCOME CHARGEABLE TO TAX AFTER DEDUCTION U/S 80C , OF RS. 500000/=, SO TOTAL TAX ON SALARY INCOME AS PER SLAB RATE FOR A.Y 2013-2014 , (500000-200000)*10% i.e, rs 30000/= + 3% cess on rs 30000/= equals to total of rs. 39000/=. then, avg rate of tax on salary, 39000/600000*100 = 6.5% . so, TDS ON SALARY, WOULD BE DEDUCTED @ 6.5% per month. SO, EVERY MONTH TDS ON SALARY WOULD BE 6.5% OF RS 50000/= i.e, rs 3250/= ..
MADAMMMMMMM, ONE THING YOU MUST REMEMBERRRRRRRR, THAT " THE ONLYYYYYYY WAYYYYY TO SEEEEEEEEEE THE POWER OF A MAN , IS TO SEEEEEEE, HOW FAR IS HEEEEEEEEE WILING TO GOOOOOOOOOOOOOOOOOOOOOO "
GOOOOOOOO AHEADDDDDDDDDDDD MADAMMMMMMM, PLEASEEEEEEEE, GO AHEADDDDDDDDDDDDDDDDDD
CAclubindia
