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

Praveen Jha's image
Praveen Jha
Oct. 7, 2016, 3:41 p.m.

Answers!

Davneet Singh's image
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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