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suppose i joined a company 8th April 2012, and my ctc is
300000 pa. then which tax employer deduct tds or pf and haw
much tax deduct pm, where tax exemption limit is 2lac
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Answer Posted / maya
the exemption limit exceeds the limit of RS 2 lacs then we need to deduct tax on 100,000 minus annual employee contribution of PF and professional tax.
And also need to consider the HRA and sec 80 c deductions
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