Understanding TDS Deductions: How Much Should Be Deducted from a Rs. 44,000 Salary?

Please let me know the TDS amount to be deducted from a salary amount of Rs. 44,000/- per month for a male employee.

Computation for the Financial Year 2012-2013

The computation for the financial year 2012-2013 is attached.

Thank you for the prompt response. Let me know if you need any additional information.

Regards,

Assuming a total salary of ₹44,000 * 12 = ₹5,28,000. If you don't use Section 80C or HRA, then TDS will be ₹35,600 per year, i.e., ₹3,000 per month. If you use Section 80C, then your TDS should be ₹22,800 per year, i.e., ₹1,900 per month. If you claim HRA and Section 80C, then TDS will be lower depending on your HRA amount.

Hope that helps.

First of all, please provide details of the salary. If this is the net amount after all deductions, then TDS is Rs. 36,668/- per annum. (Monthly deduction is Rs. 3,056/-)

Thanks

Salary Breakdown and TDS Inquiry

Basic: ₹26,400/-
HRA: ₹13,200/-
CCA: ₹4,400/-
Gross is ₹44,000/- per month. A rent receipt of ₹10,000/- was submitted by the candidate (residing in Delhi). Please inform me about the TDS amount per month.

Thank you.

Please find the attachment for your reference. For any further clarification, please call my Bangalore cell number: [Phone Number Removed For Privacy Reasons].

Regards,
Umashankar

As per your salary bifurcation in the Excel sheet, the breakdown is as follows:

Salary Breakdown

Basic: 234,000
HRA: 117,000
Conveyance: 74,880

As you wrote in your earlier blog:

Basic: 26,400/-
HRA: 13,200/-
CCA: 4,400/-

Yearly CTC

316,800
158,400
52,800
Total income: 528,000

Deductions

- HRA: 7,360 * 12 = 88,320
- Conveyance: 9,600
- PF deduction @ 12% of Basic: 38,016
Total deductions: 135,936

Taxable Income and Tax Calculation

Taxable income: 528,000 - 135,936 = 392,064
Tax: 392,064 - 200,000 = 192,064 * 10.3% = 19,783
Total tax: 19,783 / 12 = 1,648
Monthly TDS: 1,648

Please review the above details and let me know if you need any further clarification.

Thank you.

Best regards

For your reference, PF contributions from the employer will be taxable, while those from the employee will be tax-free. Please find the revised calculation sheet attached for your review.

If any savings fall under the 80C category, taxes will be reduced. Additionally, any other benefits provided by the employer, such as bonuses or leave encashment, will be subject to applicable tax rates.

Regards,
Umashankar