If Monthly Taxable Salary is more than 25000 p.m,then TDS Applicable
How?
Monthly Taxable Salary=25000*12=300000
Tax=5000
Rebate=5000
Net Tax=5000-5000=0
Cess=0
TAX+Cess=0
TDS=0/12=0
Learn in Detail here
http://www.teachoo.com/subjects/tax-practical/practical-payroll-(tds-salary,pf,esi)/
Written on Oct. 3, 2016, 6:36 p.m.