hi i am working with a movie production house and my salary is 35000 i want to know that how much amount should company cut from my salary as tds
From India, Mumbai
7From India, Mumbai
Hi Aakash,
If you are on a contract basis, normally the TDS would be approx 10.3% of 35000 INR per month which should be around 3605 INR. But when you file for your tax returns almost half of the deducted TDS can be refunded.
From India, Bangalore
If you are on a contract basis, normally the TDS would be approx 10.3% of 35000 INR per month which should be around 3605 INR. But when you file for your tax returns almost half of the deducted TDS can be refunded.
From India, Bangalore
As per my knowledge ... your CTC is 4,20,000 and in this 2,00,000 is exempted..
Now your left with 2,20,000, here under section 80C you can show saving of Rs 1,00,000.
Now your left with 1,20,000, as you fall under category A (i.e., 10% tax would be deducted on this)..
So 1,20,000*10/100= 12000 per Annum. Per month 1000 rupees would be deducted every month.
From India, Hyderabad
Now your left with 2,20,000, here under section 80C you can show saving of Rs 1,00,000.
Now your left with 1,20,000, as you fall under category A (i.e., 10% tax would be deducted on this)..
So 1,20,000*10/100= 12000 per Annum. Per month 1000 rupees would be deducted every month.
From India, Hyderabad
Still we can restrict tax, Under Section 80D Health Insurance Premiums upto 15,000 Per annum and Medical Reimbursement upto 15,000 per annum and under Section 10 HRA ,conveyance and PT (Professional Tax ) can also be shown..
In brief:
Ur CTC=4,20,000 PA
80C=1,00,000 PA
80D=15,000 PA
Medical Reimbursement or Allowances=15,000 PA
HRA(Depends on the receipts)
PT & Conveyance= 12,100
So in total in a month you will be deducted not more than 300 Rupees.
From India, Hyderabad
In brief:
Ur CTC=4,20,000 PA
80C=1,00,000 PA
80D=15,000 PA
Medical Reimbursement or Allowances=15,000 PA
HRA(Depends on the receipts)
PT & Conveyance= 12,100
So in total in a month you will be deducted not more than 300 Rupees.
From India, Hyderabad
Hi Aakash,
Kindly help me with your Monthly Salary Break-up , such as Basic, HRA, Conv.All, Other Allow, Bonus, Arrears, Gross
and the deductions like P.F.and P.T. Also mention your investments for the year 2012-2013. I shall help you with the exact amount of TDS Deduction.
From India, Mumbai
Kindly help me with your Monthly Salary Break-up , such as Basic, HRA, Conv.All, Other Allow, Bonus, Arrears, Gross
and the deductions like P.F.and P.T. Also mention your investments for the year 2012-2013. I shall help you with the exact amount of TDS Deduction.
From India, Mumbai
Hi Aakash, Kindly find the attached, have only considered Conveyance and PT. Annual Tax to be Deducted 21413.7 Monthly Tax to be Deducted 1784.475 It will reduce if you show your investments.
From India, Mumbai
From India, Mumbai
Hi, Please find the attached CTC Break-up and let me know your views on the same..
From India, Hyderabad
From India, Hyderabad
hi, the ctc is 480000, and there is no pf deduction , no phone bill allowance. plz calculate it.
From India, Mumbai
From India, Mumbai
Have you made any tax saving under section 80C and 80D. If not then, please go through the previous attachment. Annual Tax to be Deducted 21413.7 Monthly Tax to be Deducted 1784.475
From India, Mumbai
From India, Mumbai
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