if my salary is 21855 per month for finicial year april 2011-
march 2012 what tax will be deduct
Answer Posted / lavy goel
monthly salary = 21855
annual salary = 21855 * 12 = 262260/-
as per India TDS rule no tds will be deducted on annual
salary =>180000
so total annual salary 262260-180000 = 82260/-
TDS 82260*10% = 8226/-
and per month = 685.50/-
Is This Answer Correct ? | 14 Yes | 3 No |
Post New Answer View All Answers
what is the method of work contract tax computation
how to finalaze the balence process using tally
How to calculate excise duty on mobile products?
when we want bought a new asset (for ex. car)how we calculate our income with the eye of income tax
how to calculate service tax on tds
For what Purpose we should pay Profession Tax? After paying Profession Tax we can get benefit for personnel return filling? If Yes? than where?
Define the term person?
what is procedure of calculation of TDS by bank?
i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.
Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.
How to determine TDS on Salary ? what are Limit for HRA ,insurance premium , Loan installment, children education fee etc. what type of Deductions for salary. please Explain Full and complete this concept with one example which cover all aspects regarding TDS on Salary.
Is Work Contract Tax expenses for a company?
What will be the planned expenditure in the budget 2009-10