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Income tax deductions
Hai members can anybody send me the information on income tax deductions and also for how much we can show any national savings to avoid tax deductions from our salary. is there any limit for that. awaiting for reply regards kavitha rg_kavitha2000yahoo.co.in/img
My annual package is 4 per annum but my salary after all deductions comes up 29k !
Hi am bit novice in these accounts. anyhow i just got appraised & pkg is 4 p.a. but my monthly salary after all deductions comes up to only 29k . is this ok ? here are my deductions my gross monthlyas per offer letter is 31448 after deductions of yearly employee contribution pf 13925 medical allowance 8703 after that again monthly deductions epf 12 780 professional tax 183 income tax 1500in 9 installments startin dis month to end in march so is dis ok ?? please let me know your valuable thoughts on this. i thought if i get a pkg of 4 p.a my sal will around 31 atleast but it seems almost 4k is going in deductions for tax & other stuffs. also any way to save this ? please let me know if you need more information. thanks gobind.
Professional tax - regionawise?
If a company has 15 regional offices in india does professional tax deductions differs for employees of one region to other. or pt deductions will be similar as the company s head office location :?:
Income tax slabs
Hi i am very bad at numbers even though i have sort of tried to understand the income tax deductions calculations for certain salary slabs i have not completely understood it. can someone out there who understands the it slabs explain it in simple language which even i can understand. i have even heard that the slabs for male and female employees are different.. if yes then by what scale. where all can we invest for saving tax deductions regards shalini
Income tax deductions for new employees
Hi experts i would be joining a company this coming july. i have a few queries on income tax basically tds. 1 would the company deduct the income tax from the salary from the very first month? and if so how can one save under various saving schemes and reclaim the income tax deducted? filing for income tax reimbursement from income tax dept can be a cumbersome process so i would like to know how can i reclaim the income tax from the company itself. 2 is there a provision wherein one can pledge to the company that he/she would save rs. x under tax saving scheme? thanks
Professional tax in chennai
We have just incorporated a software company in chennai and are in the process of recruiting the man power what is the minimum number of employees in the company that would attract the professional tax act. can you please furnish he tax details where and how to remit it every month and to whom. weare interested in outsourcing our pay roll functions to some one who can visit our office in the month end and prepare the pay roll for our employees and guide us deductions like income tax professional tax etc. the max. no of employees thatwe may recruit before 31.3.2008u would be around 25.