08-10-2009, 08:30 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Saqib Bashir</i>
<br />If my salary is Rs. 18000 what will be the withhoding tax according to the 2010 slab rates?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Monthly Tax will be as follows (Without any assumption)
Monthly Salary ------------------18000
Yearly salary--------------------216000 (18000*12)
Applicable Tax rate -------------0.5%
Yearly Tax --216000*0.5%---------1080
Monthly Withholding Tax----------90
<br />If my salary is Rs. 18000 what will be the withhoding tax according to the 2010 slab rates?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
Monthly Tax will be as follows (Without any assumption)
Monthly Salary ------------------18000
Yearly salary--------------------216000 (18000*12)
Applicable Tax rate -------------0.5%
Yearly Tax --216000*0.5%---------1080
Monthly Withholding Tax----------90