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 |
What are the criteria to avail lower deduction of TDS & why the lower TDS deduction certificate issued?
Q1. What is the TDS rates for the current year 2009-10. for commission, Rent , contract and sub-contract Advertising. Q 2. What is the current year professional tax slab.
4 Answers Infosys, T R Fastenings,
i want know central excise duty codes with cess?
How to prepare a vat return in Gujarat for firm
If forth alphabet is f then what is TDS percentage ?
How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me
Why buyer have to issue C forms & what is the issue
plz any bdy tell me about use of vat form r1 & r2 & it's use?..........
what r the heads of taxation
What are the Golden rules of accounts? with an example?
Wat is capitalgains?
Is banks deduct TDS for my Fixed deposits? if yes what is calculations done per lakh.