ram annually salary rs 650000 when tds deducted and calculation of tds

Praveen Jha

Oct. 7, 2016, 3:41 p.m.

Answers!

Davneet Singh

Oct. 7, 2016, 4:12 p.m.

Hi Praveen

Assuming Flat Salary

His TDS is calculated as follows

ANNUAL SALARY	650000
TAX	55000
REBATE	0
NET TAX	55000
CESS	1650
TAX+ CESS	56650
MONTHLY TDS	4721

Learn more about it here

http://teachoo.com/956/383/TDS-as-per-Income-Tax-Slab-Rate/category/TDS-on-Flat-Salary/

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