Tds Rates on salary


This query is : Resolved 

(Querist)
17 June 2008 Hi,

What is the rates of salary TDS?

17 June 2008 there is no fixed of tds on salary... the employer has the determine the taxable income of his employee based on the salary and other data provided by the employee. and then the employer has to calculate tax payable and should divide it by 12. then should deduct every month the amount so calculated.

Binoy (Querist)
19 June 2008 Hi Anand,

If any salary is 35000/- per month i.e., 420000/- per annuam then what will be the tds amount.

regards

binoy

Binoy (Querist)
20 June 2008
Hi Anand,

If any salary is 35000/- per month i.e., 420000/- per annuam then what will be the tds amount.

regards

binoy

21 June 2008 r u claiming other deductions like PF, Medical Reimbursement, HRA , etc....

Binoy (Querist)
25 June 2008 Hi Anand,

No we are not claiming any other dedection.

Binoy (Querist)
26 June 2008
Hi Anand,

No we are not claiming any other dedection.

Binoy (Querist)
04 July 2008 If any salary is 35000/- per month i.e., 420000/- per annuam then what will be the tds amount. We are not claiming any other dedection. Then what would be TDS Amount

regards

binoy

Jitender (Expert)
23 August 2008 tds will be the tax amount on ur income ,that will be deducted from ur monthly payment.


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