It is mandate for the company registered in India to deduct the TDS of their

employees under income tax Act 1961 on provisional basis. As per section 192 of
Income Tax act, 1961
Initial Deductions based on Provisional declaration
Every employee needs to declare the income from previous employer, if any and
needs to submit the salary slips of previous organisation along with bank statements.
The following deductions will be considered while computing Taxable Income for the
purpose of TDS calculation on a provisional basis only up to the maximum amounts
specified below. Any deduction above this limit will be allowed only as per
supporting documentation provided by the employee.
1) 80 C – 150,000 (including employee & employer)
2) 80D – 25,000 medical policy – self
3) 80 D – 25,000 medical policies for parents
             50,000 If parents are senior citizens
4) HRA – 100,000 without receipts
5) Interest on home loan

Deductions allowed on Actual Proofs

TDS will be recalculated in month of October based on actual proof submitted by
employee to the organisation.