How To Calculate Tds? - Xls Download

foramIT
Hi all,
Currently I am HR in one software co. I want to know that How TDS can be calculated on various salary slabs? I am from Sc. background, so don't know much about it.
Kindly pls guide me asap.
Also, give me calculation format too.
Its urgent.
Thanks.
nitinrbp1
same as per income tax slab of the year 2012 - 2013
X to 180000 = Nill
180001 to 50000 = 10%
500001 to 800000 = 20%
800001 to > = 30%
Education Cess = 2%
Secondary and Higher Education Cess = 1%
hmohanr
Hi,
just look at this attachments .i hope it will be useful one.
Regards
Mohan.D
2 Attachment(s) [Login To View]

foramIT
Hi all,
Thanks for your reply.
You have shared valuable information. but my co. is i start up phase, so I need to form the policy for TDS calculation of the employees. I not getting what to do???
Please help....
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