I WANT TO ASK A QUERY REGARDING TALLY- SALARY RELATED DURING LOCKDOWNAS AN EXAMPLE ONE PERSON SALARY ENTRY OR ENTRY BEFORE LOCKDOWNSALARY A/C -Dr. 65000TO TDS ON SALARY 6761TO AJAY SALARY PAYABLE 58239MY QUERY IS DURING LOCKDOWN WE PROVIDE THEM SALARY Rs.35000 IN AJAY ACCOUNT BUT IN ...
Q: Do I need to work out the gross salary, net salary and tax payable by myself for filing the income tax return? Ans: The companies provide Form 16 to their employees containing all salary paid for a financial year and the tax deducted at source on the salary. Therefore, you do ...
There is a difference in daily wage and monthly salary. The minimum wage rate in India is ₹170 per day or ₹4,500 per month. In India, the minimum wages payable is fixed by the 1948 Minimum Wage Act. The states determine the wage rates, and thus, there is no single fixed nation...