SparklyNarwhal
14dTrending @Cognizant; Percentage of tax deduction
Does anyone have any idea about the tax percentage which will be applied on bonus.
As per my knowledge no tax till PA level employees but there will be tax applicable for the A and the above level.
But no idea about the percentage. So if anyone has an idea please let me know.
14d ago
BouncyDonut
14d
Its not abt PA or A, it's abt your tax slab..
If you current package including bonus is greater 12.75 LPA . We have tax deduction
If less than 12.75.. no tax deduction .
Assuming that you have opted new regime
SparklyNarwhal
12d
Okay thanks for the confirmation and my current CTC is below 12
SillyDonut
14d
It will be as per your income tax slab
Discover more
Curated from across
