Understanding TDS: How to Calculate Annual Deductions for My Employee's Salary?

Priya Abzer

My employee's take-home salary is 150,000 per month. In this amount, he receives a convenience allowance, medical allowance, and TA (1,600 + 1,250 + 1,000) and has submitted documents against Section 80C for Rs. 100,000 (per annum). He is also paying rent for Rs. 17,000 per month. Could you please inform me about his annual TDS?

Today from India, Kochi

jeevarathnam

Find enclosed attachment for TDS calculation tool. However, it is advisable to let the Finance person take care of the TDS as they are more competent.

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