mpgupta Started The Discussion:
My wife is a contract employee at a firm and she gets paid by the hour. Can the tax gurus on this forum please tell me what will be her tax liability and what will be the TDS? Currently her employer deducts a flat 12% TDS. Is that correct? Her projected annual payout, although variable, will fall around 2.4 Lacs.
Your inputs will be highly appreciated
Found This Useful? +Vote Up This Page Via Google.
Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.
Explore Topical Knowledge Areas
Interesting Relevant Discussions