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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
Income tax
Dear seniors can any one explain me about income tax income tax slabs and exceptions income tax calculations income tax sections income tax deductions in andhra pradesh. i don t have a knowledge about this subject please help me. advance thanks.
Tax benefit compensation structure
Currently the organization still follows a very simple salary structure. with employee salary hikes it becomes imperative for the company to introduce a tax friendly structure. please suggest an ideal salary structure to ensure maximum tax savings for employees
What is the difference between tds and income tax?
What is the difference between tds and income tax? for calculating income tax we know the income tax slab for the different salarieslike0250000 no tax250001500000 10... but in corporate companies are deducting monthly tds from the employee salary here i want to know is the slab rate for tds deductions its calculated on salary?
Ctc structure for saving income tax - employees are complaining about the tax liability because of the structure
Dear seniors & colleagues please see the attachment & advise if the structure is correct. i want to revise ctc structure of employees as they are complaining for the tax liability because of the structure. i have talked to ca also according to them its fine but i have doubt about pt part that can we include pt under annual components of ctc structure or not ? please suggest its really urgent.... regards shikha jain
How the it people calculate income tax
Hi everyone i just joined in a company so i need to know the it calculation structure. how to avoid the income tax wat r the ways like lic xtra with regards krishna