Dear all,
Please clarify the following, as it is very essential for me. Kindly do the needful.
If a woman is drawing 2.5 ctc and her gross comes to 2.2, then income tax will be calculated on 2.2 according to the income tax slab. Is that so?
If there is 10% to be paid, then 10% of 2.2 should be calculated. Please confirm.
From India, Hyderabad
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2Please clarify the following, as it is very essential for me. Kindly do the needful.
If a woman is drawing 2.5 ctc and her gross comes to 2.2, then income tax will be calculated on 2.2 according to the income tax slab. Is that so?
If there is 10% to be paid, then 10% of 2.2 should be calculated. Please confirm.
From India, Hyderabad
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for women the tax is nill upto 1.8L. so here tax will be applicable from 1.8L to 2.5L. i.e. 10% on 70k.
From India, New Delhi
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From India, New Delhi
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Hi, Please refer to the tax calculator and accordingly you can calculate the tax in case of male/female staff. Anurag
From India, Jaipur
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From India, Jaipur
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Dear Anurag Really am very thankful to you. Many people posted tax calculator before, but i was hard to understand that Your’s is so simple and informative Thanks once again Neelima
From India, Hyderabad
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From India, Hyderabad
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Neelima,
Form 16 contains a declaration regarding the payment of salary as well as the details of the deduction of TDS on Salary. This is given by the employer at the end of the financial year after filing the employer's return of TDS. In case the employee is leaving the organization, the same can be issued at an early date.
The Return of Income of an individual getting salary is filed on the basis of the information contained in Form 16.
Regards,
Anurag
From India, Jaipur
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Form 16 contains a declaration regarding the payment of salary as well as the details of the deduction of TDS on Salary. This is given by the employer at the end of the financial year after filing the employer's return of TDS. In case the employee is leaving the organization, the same can be issued at an early date.
The Return of Income of an individual getting salary is filed on the basis of the information contained in Form 16.
Regards,
Anurag
From India, Jaipur
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Income tax and form 16.xls