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how much tax should i pay?
by Rudresh on Feb 01, 2005 06:37 PM   Permalink | Hide replies


Dear sir,
I joined to a company around 6 months back.
My annual income is Rs.1,38,000 ( Monthly income is Rs. 11,500). It is being paid as a consultancy Fee and hence it doesn't include any allowances.
And They are deducting an amount of Rs. 586 as TDS at 5.1%. Means my take home salary is Rs. 10,914/month.

So do i need to pay again the tax for remaining 4.9%.
if i have to pay, When should i pay it?

Please help me sir,

Regards,
Rudresha H K


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The above message is part of the Discussion Board:
How is your tax calculated?