please tell me how to calculate tds on salary ??
Regarding TDS
ASHWINI BHAGAT
TDS on salary must be calculated using applicable income tax slabs after accounting for eligible deductions before withholding. Calculation of TDS on salary requires applying income tax slab rates to the employee's taxable salary after accounting for eligible deductions, with TDS computed slabwise on that net taxable income and then deducted periodically. (AI Summary)
TaxTMI
TaxTMI