Dear Friends, Can anyone tell me what is the rate of % of tds on salaries.:confused::confused:
From India , Bangalore
Mr. Rajesh, TDS on salaries will be applicable as per the IT Slab rates. There is not fixed rate of TDS on Salary. It will vary with the changing slab rate as per the income.
From India , Patna
Kindly note the important amendments proposed in Finance bill,2008
1)Tax rates
Total Income Slab
Tax rates for resident Senior Citizens
Tax rates for resident Women below 65 years of age
Tax rates for Others
Upto Rs.1,50,000
Nil
Nil
Nil
Rs.150,000 to Rs.180,000
Nil
Nil
10%
Rs.180,001 to Rs.225,000
Nil
10%
10%
Rs. 225,001 to Rs.300,000
10%
10%
10%
Rs. 300,001 to Rs.500,000
20%
20%
20%
Above Rs.500,000
30%
30%
30%
hope this would answer ur query.

From India , Mumbai
Hi, - PFA IT SLABS FOR THE FINANCIAL YEAR -2008-09 Regards, Maniksing
From India , Bangalore

Attached Files
File Type: xls IT RATES-2008-09.xls (17.0 KB, 402 views)

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