What's the rate of tds on salaries?

Question

What's the rate of tds on salaries?

Answer 1

TDS on salaries is calculated according to the Tax slab rate.

When Your income exceeds the Tax slab TDS is calculated and deducted

for more details

http://calculatetax.blogspot.com/

http://taxation-suchithra.blogspot.com/

Answer 2

there is no specific rate for tds on salary,under this section tds should be equal to tax payable on salary by the employee after saving and other deduction so it will depend upon status of employee like male female senior citizen ,their saving detail and other deduction they can avail ,

You should collect statement from employees on estimate basis

you can also take the help of the income tax calculator from the link

http://simpletaxindia.blogspot.com/2008/...

Answer 3

There is no fixed rate. In is deducted based on total income for the year and income tax.

Read this for How TDS on Salary Income is Calculated

http://mytaxes.in/index.php?topic=12.0