Hr Generalist
Accounts Manager
+1 Other

Hello Seniors, Plz advise me how to calculate OverTime and TDS. I came across some calculations but m failed to understand. Regards, Ritika
9th April 2015 From India, Noida
Dear, For the calculation of OT =(Basic or Gross salary)/ 26 then u will get the per day amount, = per day amount /8 it will give u per hour amount . Regards Atul
9th April 2015 From India, Delhi
Dear Ritika,
Kindly note that all the amount paid by the employer to employee (Other than reimbursements) are falling under the Head Salary Payments and obviously the Overtime is also taxable as per Salary Rules.
i.e. you will have to add the over time payment to Salary Component only.
9th April 2015 From India, Pune
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