Comments on: Income Tax slab For The Assessment year 2009-10, tax india

By: Shekh

Shekh — Wed, 04 Aug 2010 09:10:01 +0000

I would like to know the appropriate form for Resident Individual Women with Homemaker status with interest income and other income as the source of income. Could you please tell which form should be used ITR1/ITR2/ITR3/ITR4 to file the income tax return?

By: Daniel nadar

Daniel nadar — Mon, 31 May 2010 16:23:11 +0000

Is there any changes in the new direct tax code for the markets related taxes like STT Etc.

By: V.Sundara Murthy

V.Sundara Murthy — Wed, 28 Apr 2010 08:43:38 +0000

Dear Sir,

Our company staff was joined on sep’2009, he is getting per month salary Rs.20,000/-, the breakup details is given below

October Month = 6,667.00
November Month = 20,000.00
December Month = 20,000.00
January Month = 20,000.00
Feburary Month = 20,000.00
March Month = 20,000.00
————-
Total = 1,06,667.00
————-

can u please advice for above calculation not covered for TDS (2009 -2010), my question is F.Y (2010-2011) salary calcualtion taken for old current year.

Regards
Sundar

By: saymeen inamdar

saymeen inamdar — Wed, 14 Apr 2010 17:08:46 +0000

hello,
i have just entered my very first job of life,i have done architecture and have no clue of TDS, my monthly salary is Rs.10000,and my salary gets deducted at 10.33%, i have been told that if your annual salary is more than 20000,you have to pay TDS at the rate of 10.33%,which by the end of the financial year,will be refunded by the government.
please can someone guide me on this,ssince i have no clue.
thanks.

By: chindhu

chindhu — Thu, 08 Apr 2010 09:53:15 +0000

hi i am working as profeesor in a college. i am earning of rs.30000 p.m. i know about my salry deductions. what’s the tax rate… what basis they calculated…
pf – 780 per month
pp-2000 per month
TDS-4600 per month

By: prashant sharma

prashant sharma — Fri, 19 Mar 2010 12:13:16 +0000

hi please inform me that what is the income tax on arearfrom1996 to 2010 of rs 300000

By: INCOME TAX SLABE 2009-10

INCOME TAX SLABE 2009-10 — Fri, 19 Feb 2010 12:10:46 +0000

please see the attached file

By: naaz

naaz — Fri, 19 Feb 2010 09:27:56 +0000

Hello, we are a 15 people pvt ltd bpo company. I would like to know what should be the salary components and what percentage, how do we calculate this. keeping in mind each employee earns 8000 salary plus 3000 as performance incentive. Is there a format to calculate salary break up and when is the PF compulsory (i mean after 50 employee’s or 20).

Awaiting for your reply. Thank you

By: vineet singh

vineet singh — Fri, 05 Feb 2010 06:37:47 +0000

SALARY DETAILS NAME : Mr. Vineet Singh

COMPONENTS Rs. Remarks

Monthly – direct
Basic salary 14400.00
HRA 7200.00
Conveyance 3600.00
Spl.Allowance 333.00
Performance incentive (paid quarterly) 7600.00

TOTAL DIRECT 33133.00

Monthly – indirect
PF 1728.00

TOTAL INDIRECT 1728.00

Total Monthly (Dir + inidrect) 34861.00

Total annualised 418332.00

Annual payments
Medical / health care – reimbursement 5000.00 Will be reimbursed subject to production of voucher / receipts
Medical / insurance 10000.00 Will be reimbursed subject to production of voucher / receipts
LTA 12000.00
Gift coupons 5000.00

Total Annual 32000.00

CTC 450332.00

can you help in accesssing my tax deduction and what salary i will be getting in hand…..thanks for your help…my email id is vin_v4u86@yahoo.co.in

By: Prasanta Nayak

Prasanta Nayak — Wed, 27 Jan 2010 09:57:24 +0000

Hi,
A new staff joined in our company in jan-2010.His net salary is 16447,how can i deduct tax from his salary.please help me.

Prasanta