Director salary will be 36 lakhs per year. But will vary month wise. If this month, salary was 10000, how much tds to pay to IT ?
Next month , salary might be 3 lakhs.
Per year, salary will be 36lakhs .
Thanks everyone :)
Christine Diaz (132 Points)
25 May 2021Director salary will be 36 lakhs per year. But will vary month wise. If this month, salary was 10000, how much tds to pay to IT ?
Next month , salary might be 3 lakhs.
Per year, salary will be 36lakhs .
Thanks everyone :)
prasad Nilugal
(3914 Points)
Replied 25 May 2021
Sravan Reddy G
(CA)
(618 Points)
Replied 25 May 2021
Sivaramaraju G
(Learner)
(2398 Points)
Replied 25 May 2021
It will be calculated as per applicable slab rates.
If total salary payable in a year is 36L
and this month you pay salary 10K you have to deduct 2,535
if you pay salary 3L TDS will be 76,050
Note: TDS has been calculated as per old tax regime.
if we go with new tax regime your TDS will be
for 10K - 2,318
for 3L - 69,540
prasad Nilugal
(3914 Points)
Replied 25 May 2021
veerendar singh
(tax consultant)
(3301 Points)
Replied 25 May 2021
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