See my income is 5500 and company is deduct 10.2%tax i am getting 4935/-salary so is this correct lower than IT
PLS REPLY ME SOON
Answers:
What the hell? Is 5500 your gross remuneration?
If yes, afterwards its completely unwarranted , your company is exploiting your ignorance..
You are liable to compensate import tax solely if your gross per annum is above Rs.1,10,000,
But yours is singular Rs.66000 ( 5500*12). So you are not liable for export tax.
Browse for more import tax related stuff on internet.
5500 a month?
First what u r getting is not "SALARY" in income levy jargon. Its professional levy. So technically you are not on payroll of company, you are simply a consultant. With this u will also loose member of staff benefits below workforce tenet, if any.
10.2% is the TDS deduct u/s 194J of IT Act.
To grasp this amount hindmost, u will own to report ITR.
Deepak
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Answers:
What the hell? Is 5500 your gross remuneration?
If yes, afterwards its completely unwarranted , your company is exploiting your ignorance..
You are liable to compensate import tax solely if your gross per annum is above Rs.1,10,000,
But yours is singular Rs.66000 ( 5500*12). So you are not liable for export tax.
Browse for more import tax related stuff on internet.
5500 a month?
First what u r getting is not "SALARY" in income levy jargon. Its professional levy. So technically you are not on payroll of company, you are simply a consultant. With this u will also loose member of staff benefits below workforce tenet, if any.
10.2% is the TDS deduct u/s 194J of IT Act.
To grasp this amount hindmost, u will own to report ITR.
Deepak