Tax implication on other

This query is : Open

PRAMOD NAYAK (Querist)
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05 October 2023 Dear Sir,
One employer got retired from the Job at age 58 from the Company. But the Company engaged him as an employee paying his dues on monthly basis by cheque. My query is as follows.
1. Can he appointed as a Consultant / Professional ? if yes what will be TDS impact & limit.
2. Can his TDS comes to lower rate as his Annual CTC was around 1.50 lacs
3. What is the best method so that no tax will be deducted from his salary

regards

Pramod

RAJA P M

RAJA P M (Expert)
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06 October 2023 Yes, You can appoint as consultant. Of appointed as consultant then his payment (salary) can't consider as salary. it will treat as consulting fee and tds applicable as per provisions