Hi All,
I want to know that how to calculate TDS on salary and do we suppose to deduct it monthly or at the time when payment to employee exceeds tax limit.
We are paying to our employees as below:-
Basic 12500
H.R.A 1500
T.A 2000
Total Amount Paid:- 16,000.00
Employee is residential Male
Do we suppose to pay ESI Contribution for the above as celling for ESI has raised to Rs. 15,000.00 Per Month.
Please help me.
I want to know that how to calculate TDS on salary and do we suppose to deduct it monthly or at the time when payment to employee exceeds tax limit.
We are paying to our employees as below:-
Basic 12500
H.R.A 1500
T.A 2000
Total Amount Paid:- 16,000.00
Employee is residential Male
Do we suppose to pay ESI Contribution for the above as celling for ESI has raised to Rs. 15,000.00 Per Month.
Please help me.