Salary Tds deduction

This query is : Resolved

poonam (Querist)
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27 June 2009 Dear Sir/Madam,

I am confused about salary deduction of employee , How deduct their amount from there salary?

I want to know the calculaton of yearly 5,04,000/- salary as per income tax slab.

Please solved my prolem,

Thanks,

Poonam.

Sanjeev Jain

Sanjeev Jain (Expert)
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27 June 2009 Hie Poonam,

The amount of TDS that will be deducted on the basis of INTERIM BUDGET is : -

in case of individual (neither female nor senior citizen) is 4,683/- p.m

But Final Budget is about to come in the month of July and the effect of the same will have to be considered.