TDS RATE ON SALARY FOR THE A.Y 2010-2011?

Answer Posted / ajay kumar jha

TDS RATES FOR ASSESSMENT YR2010-11(MALE)
RS.160000 NIL
RS.160001 TO 300000 10%
RS.300001 TO 500000 20%
RS.500001 AND ABOVE 30%

WOMAN
RS.190000 NIL
RS.190001 TO 300000 10%
RS.300001 TO 500000 20%
RS.500001 AND ABOVE 30%

SENIOR CITIZEN
RS.240000 NIL
RS.240001 TO 300000 10%
RS.300001 TO 500000 20%
RS.500001 AND ABOVE 30%

Is This Answer Correct ?    7 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

can we do manual tds return file or r-tds is complusry? if we can do manual tds return file, where i have to go for return file. like we go to income tax department for Income tax return file in manula tds case.

2034


We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.

1664


can i adusted our vat credit in W.C.T. payable?

3183


What items fall under the category of ‘securities’?

619


What is Labour Cess? Pl. define. & what is rate of Labour cess.

4146






Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

1484


Can we take rebate on Exports done before 6 years ? If no, why ? What can be done ?

1575


please tell me friends what are the formats of excise return and vat return?

1694


how many sale tax charged on the billing for central dealer by uttar pradesh dealer at furniture items ? & how many sale tax charged for u.p. dealer by up dealer ?

1649


what difference in motvat & cenvat? and why this prepared?

1793


how to pass service tax reverse charge entry pass in books

3037


in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?

1556


What do you understand by dissolution of firm?

656


WHAT IS CORPORATE TAX ?

1802


What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.

1427