Hi,
I have a query on TDS calculation of employees.
I just joined a new company as HR and handling Payroll. How do I come to know how much Tax I need to deduct from each employee salary per month.
For eg, I have an employee whose salary is 1,00,000 per month and his TDS is deducting 5,000 per month as per earlier HR. Is this calculation right?
I have a query on TDS calculation of employees.
I just joined a new company as HR and handling Payroll. How do I come to know how much Tax I need to deduct from each employee salary per month.
For eg, I have an employee whose salary is 1,00,000 per month and his TDS is deducting 5,000 per month as per earlier HR. Is this calculation right?