TDS Calculation on Salaries

Teacher

COURSE DESCRIPTION

You will learn TDS calculation on salaries from this online tax course. In this corporate income tax course, we have calculated taxable income, tax liability calculation and then monthly TDS calculation by using an example.

As per section 50 deduction at source from salaries of Income Tax ordinance 1984, the responsible person making any payment under the head salaries shall deduct tax at the average rate applicable to the estimated total income. You will learn from this TDS calculation on salaries course how to find out average rate to deduct the monthly tax from employee salary.

Based on the salary break-down, considering the exemption as per tax rules we have discussed the taxable income from salaries. And then we have calculated tax liability. During tax calculation, investment allowance and tax rebate shall also be considered which you will learn in details from this tax course.

You are estimating monthly TDS at the beginning of the financial year but employee salary may changed any time. Then you will again have to recalculate the monthly TDS rate and shall adjust with the subsequent months. You will learn all about TDS on salaries from this tax course online.

The most benefit from this business tax course is that you will get unlimited access to watch the course for a particular period. So, watch the course whenever you could manage time. And it will help you to learn the TDS calculation on salaries effectively.

RESOURCES

Main attraction of this course is that you will get the soft excel copy of TDS calculation on salaries which will help you to calculate employee TDS on salaries in your company!