Dear HR Skippers, Greetings for the Day!
I would like to know what will be Monthly Tax Deduction of an Employee withdrawing a Gross Salary of Rs.42,000 per month post deductions.
His TDS Declarations are as follows:
1. Monthly Rent – Rs.15,000
2. LIC Premium Paid – Rs.50,000
3. 2 Policies of Rs.25,000 each i.e. Rs.50,000
Request you all to provide an approx/accurate figure of TDS monthly.
As I need to advise the same to my employee.
I would like to know what will be Monthly Tax Deduction of an Employee withdrawing a Gross Salary of Rs.42,000 per month post deductions.
His TDS Declarations are as follows:
1. Monthly Rent – Rs.15,000
2. LIC Premium Paid – Rs.50,000
3. 2 Policies of Rs.25,000 each i.e. Rs.50,000
Request you all to provide an approx/accurate figure of TDS monthly.
As I need to advise the same to my employee.