Payroll Calculator
TDS on Salary Calculator – Calculate Your Tax Deduction Easily
Understanding how much tax is deducted from your salary is crucial for financial planning. Our Salary TDS Calculator helps you quickly estimate your taxable income, exemptions, tax liability, and net take-home salary in Bangladesh.
How to Use the Salary TDS Calculator?
Simply enter the following details in the Input Info section:
- Monthly Salary (BDT): Your gross monthly salary.
- Other Benefits (BDT): Bonuses, allowances, etc.
- Advance Tax (BDT): Any tax already deposited.
- Gender: Select male or female.
- Location: Select the City Corporation area.
- Working Period (Months): Number of months worked in the financial year.
Click “Calculate” to get an instant breakdown of your tax deductions.
Features, Results and Benefits of the Salary TDS Calculator
- Features: Instant calculation, user-friendly, detailed breakdown, follows Bangladesh tax laws.
- Results: Annual income, exemptions, taxable income, tax liability, rebates, Tax deduction.
- Benefits: Aids financial planning, tax savings, transparency, and salary comparison.
TDS on Salary Calculator
FAQ
Q1: Is this calculator based on Bangladesh's latest tax rules?
A: Yes, it follows the latest income tax rules applicable in Bangladesh.
Q2: Can I use this calculator for self-employment income?
A: No, this tool is specifically designed for salaried employees.
Q3: What if my salary varies each month?
A: Use an average of your monthly salary and benefits for accurate results.
Q4: How can I reduce my tax liability?
A: You can lower your taxable income through investment rebates, exemptions, and advance tax payments.