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if salary paid per month rs. 28000/- i will deduct tds from
his salary please what i will do explain
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Answer Posted / trupti
New Tds rate on
Up to 160000 Nil
160001 - 500000 10%
500001 - 800000 20%
800001 - Above 30%
28000*12 = 336000
Less PT = 2400 (200*12)
Net Salary = 333600
333600-160000 =173600
17360 (173600*10%)
521 (17360*3%)
17881 (tds)
1490 (montly ded)
Rs. 28000-1490 = 26510 (monthly salary)
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