Income-tax deduction from salaries: employers must deduct TDS on estimated salary (including perquisites), report and remit per rules. For FY 2012-13 employers must deduct TDS under section 192 on estimated salary income (including perquisites) at prescribed slab rates by age, add education cesses, and may opt to pay tax on non-monetary perquisites themselves using the average rate method. Employers must value and report perquisites (Form 12BA/Form 16), obtain and quote PAN/TAN (non furnishing triggers section 206AA higher rates), deposit TDS within prescribed timelines (including book entry 24G/BIN procedures), file quarterly Form 24Q electronically, and face specified interest, fees, penalties and prosecution for failures.