How to Check TDS Deductions on Your Salary Slip
Learn how to easily find out how much TDS is deducted from your salary with this quick guide.
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To know how much TDS (Tax Deducted at Source) is deducted, check your monthly salary slip or the Form 26AS on the income tax e-filing website. The Challan Identification Number (CIN) and the exact amount deducted will be listed. Your employer's financial department can also provide detailed TDS statements.
FAQs & Answers
- What is TDS? TDS, or Tax Deducted at Source, is a tax collected at the source of income by the government. It is deducted before the individual receives their salary or payment.
- How can I find my TDS details? You can find your TDS details by checking your monthly salary slip, viewing Form 26AS on the income tax e-filing website, or by requesting detailed TDS statements from your employer's financial department.
- Is TDS the same for all salary brackets? No, TDS rates vary based on the individual's income bracket and the applicable tax laws. Higher income earners may face a higher TDS deduction compared to those in lower brackets.
- What should I do if there is an error in my TDS deduction? If you notice an error in your TDS deduction, contact your employer's financial department to rectify it or file a grievance with the tax authorities for correction.