 Rank: Guest
Joined: 12/12/2009(UTC)
Posts: 540
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Hi,
What will be TDS amount on Rs. 200000 retention bonus and Rs. 750000 yearly bonus earn by one employee over Rs. 750000(Gross).
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 Rank: Administration
Joined: 1/9/2010(UTC) Posts: 449  Location: India Was thanked: 1 time(s) in 1 post(s)
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It depends on which slab the income falls after paying the gross pay. Since gross pay would be divided into multiple components, it is really difficult to find out the exact tax amount until we know the exact break up and tax saving options used by employee.
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