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Please mention the procedure of Deducted TDS on Salary?
If My Salary is Rs.250000/- PA. than how to deduct TDS on it?

Answers were Sorted based on User's Feedback



Please mention the procedure of Deducted TDS on Salary? If My Salary is Rs.250000/- PA. than how to..

Answer / bobby thapa

Tax is deducted on the basis of estimated income that means computed on average basis.
250000/12= 20834
20834*10.7% = Rs.2229 as TDS has to be deducted

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