what formula we are using to prepere monthly Salary in V lookup
Tds deducated on basic amount only not on service tax
Divide it by 12...
Multiply your current salary by 1.025 times.
To calculate a 3% raise, you need to multiply your current salary by .03. The amount you come up with will give you your raise. You can add these amounts together and get your total salary. Or multiply by 1.03 and save a step.
Lets assume you have HRA as a salary component. So the next step is to calculate the taxation aspect of the HRA Component. In order to do this, you need the following: 1. Your Basic Salary 2. The Actual HRA Component in your Salary 3. The Actual Rental paid every month 4. Whether you live in a Metro or a non-metro Once you have these details, try to calculate the following numbers: 1. If you are in a Metro - take 50% of your Basic salary and if not, take 40% of your Basic Salary 2. The Actual monthly HRA component from your salary 3. The Actual Rent paid - 10% of your Basic Salary Of these 3 figures whichever is the least is your eligible tax deduction against HRA.
what is the percentage of tds on salary ?
1) a) Salary Payable A/C Dr. TDS on Salary A/c Dr. To Salary A/c To TDS on Salary A/c b) Salary A/c Dr. TDS on Salary A/c Dr. To Bank
TDS Means Tax Deduction At Source .... Tax is the applicable Rate is to be deducted from the salary from the employee at the time of paying/ crediting the salary.... TDS rate is Depending on Basic amount ...
Tds deducated on basic amount only not on service tax
You can contact your regional Income Tax Office and raise a formal complaint. Every organization that pays a salary and deducts TDS is supposed to provide the Form 16 to its employees. However, if the company does not deduct TDS, they will only give you a Salary Certificate explaining the salary you earned.
24000+3000 petrol+other allowances- Approx 27000 after TDS.
You can find some information about the TDS SLAB for 2010 by going to the INCOME DEPARTMENT KARNATAKA & G O A REGION Click on the below Related Link
tds are aids tds are aids
Divide it by 12...
TDS stands for Tax Deducted at Source. It is a type of tax that is deducted by an individual or an organization while making payments such as salary, rent, commission, etc. and is deposited with the government on behalf of the taxpayer.
Multiply your current salary by 1.025 times.
use to calculate the salary details of employee and their contribution to the funds use to calculate the salary details of employee and their contribution to the funds