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TDS Calculator - New Slab Rates

Name:
Designation:
Location:
Metro City(Yes/No) Yes
Monthly Annaual
CTC 40,000 480,000
Automatic CTC Structure
Particulars Monthly Annual
Basic Salary 20,000 240,000
House Rent Allowance 10,000 120,000
PF Employer - -
LTA 2,000 24,000
Special Allowance 8,000 96,000
(1) Gross Salary 40,000 480,000

Tax Payable -
TDS MONTHLY -
All Fields in Yellow are to be filled

Monthly Salary to be paid to the Employee

PF Employers Contribution

TDS Deductible Monthly


TDS Calculator - OLD Slab Rates

Name:
Designation:
Location:
Metro City(Yes/No) No
Monthly Annaual
CTC 50,000 600,000
Automatic CTC Structure
Particulars Monthly Annual
Basic Salary 20,000 240,000
House Rent Allowance 10,000 120,000
PF Employer - -
LTA 2,000 24,000
Special Allowance 18,000 216,000
(1) Gross Salary 50,000 600,000

Less: DEDUCTIONS
Standard Dedcutions 50,000.00
Profession Tax 2,500.00

Total Standard Deduction 52,500.00

HRA CALCULATION
o) Amount Paid by Employer 120,000
o) Input Rent Paid per month 25,000 298,000
o) Metro City Calc 96,000

(B) HRA DEDUCTION AMT 96,000

UNDER CHAPTER VI-A


Under 80C (Not Above 150k) -
Under 80D 3,000
Under 80E 12,500
Under 80U 8,000

(C) UNDER CHAPTER VI-A 23,500

(2) (A + B + C) TOTAL DEDUCTIONS 172,000

(1-2) Net Total Income 4,280,000

Tax Payable 1,140,360


TDS MONTHLY 95,000
All Fields in Yellow are to be filled

Monthly Salary to be paid to the Employee

PF Employers Contribution

To be received from the Employee

To be received from the Employee


To be received from the Employee
To be received from the Employee
To be received from the Employee

TDS Deductible Monthly

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