TDS Rate for F.Y 2010-11

This query is : Resolved 

09 December 2010 hai Plz Help Me Sirs I am Acct Asst In Govt Organisation we have taken employees from contract basis agencie while paying salary rs 55000PM to agencie how much tds should be deduct and how much edu cess or if any plz help me

09 December 2010 Dear,

You deduct 2% or 1% of Rs.55000/pm.

TDS Of 2 % For Company
1 % For Individual

(Sec 194 C)Contract Or Sub Contract

No Cess.

Thanks



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