Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Income Tax Deduction Rates for Salaries in FY 2011-2012: Key Guidelines u/s 192 of the Income-tax Act.</h1> The circular outlines the rates of income tax deduction from salaries for the financial year 2011-2012 under Section 192 of the Income-tax Act, 1961. It specifies different tax rates based on income levels and categories, such as gender and age. The circular also explains related provisions, including the absence of a surcharge, the application of education cess, and the method for tax calculation. Employers are responsible for deducting tax at source and can choose to pay tax on non-monetary perquisites. The document covers procedures for handling multiple employers, arrears, and other income, and emphasizes the importance of accurate documentation and compliance with tax deduction regulations.