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what r the deductions from salary ?

Answer Posted / 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%

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