Hi all,

Currently, I am working in HR at a software company. I would like to understand how TDS (Tax Deducted at Source) can be calculated on various salary slabs. My background is in Science, so I don't have much knowledge about this.

Could you please guide me as soon as possible? Additionally, could you provide me with the calculation format?

This is urgent.

Thanks.

From India, Mumbai
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same as per income tax slab of the year 2012 - 2013 X to 180000 = Nill 180001 to 50000 = 10% 500001 to 800000 = 20% 800001 to > = 30% Education Cess = 2% Secondary and Higher Education Cess = 1%
From India, Chandigarh
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Hi, just look at this attachments .i hope it will be useful one. Regards Mohan.D
From India, Tiruchchirappalli
Attached Files (Download Requires Membership)
File Type: xls TAxCalC2011.xls (204.0 KB, 805 views)
File Type: doc TDS Rate Chart.doc (50.5 KB, 589 views)

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Hi all,

Thanks for your reply. You have shared valuable information, but my company is in the startup phase, so I need to establish a policy for TDS calculation for the employees. I am unsure of what to do. Can you please help?

Please assist me with this matter.

Thank you.

From India, Mumbai
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