what r the deductions from salary ?
Answers were Sorted based on User's Feedback
Answer / santosh pathak
i want income tax from salary what type of deduction
(exempted amount )HRA,CONV,MEDICAL ETC WHAT % PLEASE CLEAR
ME
THANKS
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / amit chauhan
These r deduction:-
pf
esi
advance salary
tds
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / vikrant kumar
EPF
ESIC
INCOME TAX
TDS
PROFESSIONAL TAX
ADVACE
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / bipul jatindra das
I am Mr. Bipul Jatindra Das working for Relocation company and
and at the time of appointment company given me salary
structure and it shows Gratuity deduction from employee's end
and increase the pay package. As per my believe gratuity
should not show in salary structure because gratuity paid by
the employer sides.
Please guide me Indian base company can do the above salary
structure for any employee.
Provide me with all the details.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / tushar
The deductions from salary are as follow:
1) Professional Tax
0-5000 = NIL
5001-10000 = 175/-
10001 & Above = 200/-
2) TDS - As per Income Tax rule.
Male - 0-180000 = NIL
180000-300000=10%
300000-500000=20%
500000-& Above=30%
Female:0-160000 = NIL
180000-300000=10%
300000-500000=20%
500000-& Above=30%
C.S.: 0-240000 = NIL
180000-300000=10%
300000-500000=20%
500000-& Above=30%
| Is This Answer Correct ? | 0 Yes | 1 No |
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