TDS Rules In India - Income Tax
CiteLegal
 
HOME RISE NEW ABOUT LOGIN
Home > Human Resource Section > Labor & Employee Relations

TDS Rules In India - Income Tax

gangasidhu Started The Discussion:

Hello, what are the basic rules in deducting TDS from employee salary? Plz help me. Give a details description of rules and regulations in TDS ganga

welcomeumesh - Member Since: May 2007
Hi,

TDS is Tax Deducation at Source, it is nothing but Income Tax.

When an employee is drawing a salary of Rs. 1,10,000, his employer is liable to deduct TDS (read Income Tax) on his salary part above Rs. 1,10,000 once the employee claims all his/her savings done through LIC, Insurance schemes, PPF, Children School Fees, EPF, House Loans etc.

At the end of the year, the employer issue TDS Certificate in the form 16A which employee submit with the Income Tax Return to the Income Tax department while filing ITR.

warm regards,

Umesh Chaudhary
(welcomeumesh@yahoo.com)

gangasidhu - Member Since: Sep 2007
Thank you for the information.
but i need a detail explanation like there are some rules to deduct HRA from income for tax calculation. and employer can give some reimbursements which can be excempted from tax. if anybody can give some suggestion it would be very helpful to me. And the slab for TDS calculation also needed.
ganga

M.Peer Mohamed Sardhar - Member Since: Jan 2007
Dear Friend,

Kindly click on the following link, it will give you some required information,

http://www.citehr.com/download-list.php?query=TDS

Pls let me know was this information useful,,

If not let me try out more & give information,,,,

In CiteHR you will get A to Z information on HRů..

Regards

M.Peer Mohamed Sardhar
093831 93832

anuradha.bhati - Member Since: Aug 2008
Hiiii... it wd b kind of u if u cud send the information available on the link on mail id babesanuradha@gmail.com

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


DISCUSSSION STATISTICS


12462
VIEWS

4
REPLIES

PLEASE KEEP YOUR CONDUCT PROFESSIONAL AND POLITE


3M Users, 100K+ Documents & 450K+ Discussions

Share »

Community Support & Professional Insights. Login or Register.
Email/Username     Password  

About Us - Advertise - Contact Us - RSS   On Google+  
All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network