Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What is Rate Tds Agsinst Salary if Salary is 15000\- pm

Answers were Sorted based on User's Feedback



What is Rate Tds Agsinst Salary if Salary is 15000\- pm..

Answer / seema pandey

If salary is 15000 pm
then, 15000x12 = 180000
Men - 160000- nil
160000-500000 - 10%
500000-800000 -20%
Above - 800000- 30%

180000-160000 = 20000
20000x10% = 2000
Rate of TDS is 10%

Is This Answer Correct ?    27 Yes 7 No

What is Rate Tds Agsinst Salary if Salary is 15000\- pm..

Answer / subhash a.

1. The above answer is absolutely right. But is only in the
case of assessee (employee in this case) is being other than
senior citizen and woman.

2. Here no other deductions or savings been furnished.
The amount subject to deduction of TDS comes to Rs. 20000/-.

But Rs. 800/- per month = 9600/- is allowed as transport
allowance. And HRA is also to be calculated according to the
information furnished by employee.

3. Savings in the form of lic, etc. also deductible from the
taxable amount.

After deducting all these above there may be no need to
deduct TDS from his/her salary.

Is This Answer Correct ?    12 Yes 1 No

What is Rate Tds Agsinst Salary if Salary is 15000\- pm..

Answer / jayalakshmi

If there are no savings , investments then the Tds Rate is
10 % +10.3% surcharge + Edu cess . If He has any savings
or others then , his Rate of Tds is Nil

Is This Answer Correct ?    1 Yes 3 No

Post New Answer

More Accounting AllOther Interview Questions

Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.

0 Answers  


what is importance of accounting?

3 Answers  


Do you take interview for Your Assistant at your field, yes so what is first Question

0 Answers   Ashok Leyland,


What is the diff. between gross profit and net profit?

4 Answers  


What Is repo transaction

1 Answers  


why specifically inited states ?

0 Answers  


For eg, u have order 100 goods and u got only 80 goods, and u got invoiced for 80 goods only, what u will do in this?

3 Answers  


what is the accounting period ?

16 Answers   Wipro,


How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?

0 Answers  


why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

0 Answers  


Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations

0 Answers  


please send me a HSBC basic accounting question & answers to my mail id.

8 Answers   GE,


Categories