What is the rate of TDS for salary for the FY 08-09?
-
-
Answer:
There is no specific rate of TDS on Salary payment... First of all one have to calculate the taxable salary income after deducting all the allowance, exemption and then calculate tax on that income according to the tax slab for general... Salary TDS is average of total tax due divide by 12 or the remaining month in the year...
Sathish at Yahoo! Answers Visit the source
Other answers
the rate of tds on salary depends on slab in which the income of the person lies. e.g if salary is less than 150000= no tds if >150000 and <300000= 10% if >300000and <500000=20% above 500000= 30%
jitesh
there is no specific rate of TDS on Salary but calculate employee's tax liability and divide it by 12 and deduct TDS from each month salary.
ShivA
Related Q & A:
- What is rate of tds on rent?Best solution by Yahoo! Answers
- What is the rate of sales tax?Best solution by Yahoo! Answers
- What is fuel rate?Best solution by Yahoo! Answers
- What is the rate of salary for a surgical technician?Best solution by www1.salary.com
- What is Bit Rate in MP3?Best solution by eHow old
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.