Hi Experts,
Request clarification on the following.
Q1 } Is TDS deducted for the difference between the total earnings and (P.F + Professional Tax).
Q2 } Is the amount of PF shown on the employee salary slip inclusive of employer contribution towards PF.
Q3 } What is the % of tds where annual total earning is up to 6.90 lakhs
Thanks in advance
From India, Mumbai
Request clarification on the following.
Q1 } Is TDS deducted for the difference between the total earnings and (P.F + Professional Tax).
Q2 } Is the amount of PF shown on the employee salary slip inclusive of employer contribution towards PF.
Q3 } What is the % of tds where annual total earning is up to 6.90 lakhs
Thanks in advance
From India, Mumbai
a1 } PF AND PT IS NOT INCLUDED IN TDS
a2 } NO - Is the amount of PF shown on the employee salary slip inclusive of employer contribution towards PF.
Q3 } What is the % of tds where annual total earning is up to 6.90 lakhs - CANT SAY
From India, Bangalore
1a2 } NO - Is the amount of PF shown on the employee salary slip inclusive of employer contribution towards PF.
Q3 } What is the % of tds where annual total earning is up to 6.90 lakhs - CANT SAY
From India, Bangalore
Hi Vikash,
Thanks for the reply... most of my questions are satisfactorily answered.
Regarding my last question >> If the employee has not done any investment under section 80, and the hr requires to deduct his tds for his total earnings of 6.90 , how much would that be ?
Thanks in advance
From India, Mumbai
Thanks for the reply... most of my questions are satisfactorily answered.
Regarding my last question >> If the employee has not done any investment under section 80, and the hr requires to deduct his tds for his total earnings of 6.90 , how much would that be ?
Thanks in advance
From India, Mumbai
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Salary slip final.xls
Salary slip.doc