Comments on: TDS RATES 2009-10 CHANGES IN TDS RATES

By: admin

admin — Thu, 08 Oct 2009 12:31:16 +0000

First you have to calculate taxable part of the salary out of 50000/- suppose employee save 100000 u/s 80C then taxable salary will be 50000*12-100000-(other non taxable allowances)=500000 on 500000 tax due is 14000+40000=55000plus surcharge 3 % so on a average base 4500 is correct .Further deductor can adjust tax deduction amount according to change in salary

a salary income calculator is given at following link which may be help full for you
http://www.simpletaxindia.org/2009/07/downlaod-income-tax-calculator-fy-09-10.html

By: Kavindra kumar arya

Kavindra kumar arya — Thu, 08 Oct 2009 11:41:01 +0000

Dear sir,
Pls Clear Me what TDS will be Ded. Per Month when Salary Is Rs.50000/-

Thanks in Advance

By: Kavindra kumar arya

Kavindra kumar arya — Thu, 08 Oct 2009 11:39:28 +0000

Thank you for updating me

By: admin

admin — Wed, 07 Oct 2009 08:21:46 +0000

yes ,there is very big confusion but the correct rate is 10 % kindly read finance act 2009 (2) part II at sr no 2 at following link http://www.simpletaxindia.org/2009/08/finance-no-2-act-2009-assented-by.html regarding CA club i have tried to post correct rate at as many forum as i can .But so many persons are sending so many queries on CA CLUB so each can not be replied.

By: ASHOK MUNDHADA

ASHOK MUNDHADA — Wed, 07 Oct 2009 07:30:44 +0000

Dear Sir

In new rate chart pl clerify that tds rate w.e.f. 1.10.09 for interest other than interest on securities in case of Companies whether it is 10% or 20%
As far my knowledge it is 20%
so please clerify and oblidge on C. A. Club site all are giving 20%

thanks and Regards
Ashok

By: BHRANTI

BHRANTI — Sat, 03 Oct 2009 12:37:32 +0000

sending here with tds ded. new rate

By: admin

admin — Tue, 22 Sep 2009 12:31:25 +0000

thanks Chartered KING

By: Manjuanth

Manjuanth — Fri, 18 Sep 2009 09:25:15 +0000

thankyou for updating me,

rgds
Charted king