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if my salary is 21855 per month for finicial year april 2011-
march 2012 what tax will be deduct
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Answer Posted / shantanu
monthly salary = 21855
annual salary = 21855*12 = 262260/-
as per India TDS rule on TDS will be deducted on annual salary
=>160000
so total annual salary 262260-160000 = 102260/-10% = 10226
10226
+2% Ed Surcharge 204
+1% Sec. Ed Surcharge 102
total tax 10532
tds 10532/12=878 per month
| Is This Answer Correct ? | 1 Yes | 13 No |
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