Hi,
We just started company and going to pay employees from this month. How to calculate TDS because we are at the end of 2010-2011 and just 2 months.
do we need to calc one year salary and compute the tds for this month and next month or just calc 2 months pay of employee which dont need to deduct tds bcos the pay wont cross the income tax deduction slap.
Please advise.
We just started company and going to pay employees from this month. How to calculate TDS because we are at the end of 2010-2011 and just 2 months.
do we need to calc one year salary and compute the tds for this month and next month or just calc 2 months pay of employee which dont need to deduct tds bcos the pay wont cross the income tax deduction slap.
Please advise.