guflar
asked almost 4 years ago
How much income tax is deducted from the salary which an IAS officer gets?
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CHITRANJAN AGARWAL
answered almost 4 years ago
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
