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I am working as a consultant in a Pvt. comp India.Do my tax calculation will be different from regular employ?



I am working as a consultant in a Pvt. comp India.Do my tax calculation will be different from regular employ?

As you are a consultant the tax will be deducted at 5.61% if it is a company or 5.1% if you are a individual where you cross Rs.20000/- in f.y.

As an employee they will compute your income and savings according to the act and deduct from your salary.
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