Interested to Buy Any Domain ? << Click Here >> for more details...
if salary paid per month rs. 28000/- i will deduct tds from
his salary please what i will do explain
- 17 Answers
- 84572 Views
- 3C Three C, I also Faced
- E-Mail Answers
Answer Posted / rashi shrivastav
New Tds rate on 1st Oct.2009
1st Slab Upto Rs.160000 - No TDS (Nil)
2nd Slab From 160000 to 300000 - 10%(TDS rate)
3rd Slab From 300001 to 500000 - 20% (TDS rate)
4th Slab Above 500000 - 30% (TDS rate)
For Ex: Mr.X Earning Rs.28000 per month. TDS sholud be
deduct from his salary.
TDS Calculation:
RS.28000*12 = 336000
Upto Rs.160000 no TDS will be deducted.
So, 336000-160000 = 176000
its comes under 2st slab.
so, 176000*10% = 17600
(Which is for one year)
Total TAX (One Year) = 17600
TDS deduction per Month is, 17600/12 = Rs.1467
The Net Salary of Mr.X is,
28000-1467 = Rs.26533/-
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
what is pre settlements and post settlements in Derivatives?
Respective sir I'm bcom 1st sem student. I have very interest in banking sector. I finished my pu with 88% how I can prepare for banking exam (especially po)yet I have no any practice but I hope if I get good guidance I can pass my banking exam so kindly inform me how I can prepare for po exams. My email address is- 98anjuma@gmail.com. I'm really counting second when I will get ans by u. Thank you sir
Difference between cash and merchantile system?
Expand---------NPTO
DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?
Define The Term Journal And Explain The Present Day Use?
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
Expand-------NSAC
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
paid two years rent N1200, bought Motor van for cash N3000
why did rbi hiked repo and reverse ratio and how it will effect the market
What Settlement details are required on the delivery instruction slip?
What is the Branch Accountant Responsbilities ?
A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch
