guflar
asked
How much income tax is deducted from the salary which an IAS officer gets?
1
1
Answer Now
Comment
Report
1
Answers
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below –
For any questions Request A Call Back
CHITRANJAN AGARWAL
answered
Dear Gulfar,
As per the TDS Provision of income tax act 1961, every employer is liable to deduct tax on the salary of employee and deposit such tax to the govt. Here every employer include the central and state govt also.
So as per the above provision every employer calculate the total tax liability of the employee on their salary after considering their tax saving and other deduction and accordingly calculate tax as per the currently applicable tax rate. and deduct such tax liability on monthly basis and deposit such amount to govt.
Any other query feel free to contact us.
Writer
CA Chitranjan Agarwal
