1. #1
    Unregistered

    Will my part time job salary also get taxed?

    I want to know the information if my part time job salary will be also taxed? If so whether the % will be less or not? Can you please tell me the procedure which is followed for the tax return for part time jobs? Is it something like that available even for part time jobs?

  2. #2
    ealp Array
    Join Date
    Oct 2012
    Posts
    250

    Re: Will my part time job salary also get taxed?

    Dear aspirant your part time job salary will add with your other income before computing tax calculation.If your total income exceed Rs.200000/-(two lakhs)then if you receive your part time salary job money with your name then the total earnings will inflate your gross income thus you are to pay more income tax.

    Percentage of tax slab is ascertainable as per your income first tax slab is Rs. 10% up to Rs.500000/-pa.next Rs.5oooo1 to 1oooooo/-pa. to be taxed @20% more than Rs.1000000/-to be taxed @ 30%.

    Procedure is very simple all types of individual's income will be added to gether the deduct usual deduction then compute according to above slab wise.

    Thank you,

  3. #3
    varshu Array
    Join Date
    Jan 2013
    Posts
    240

    Re: Will my part time job salary also get taxed?

    hello friends...

    @ no need to pay the tax for part time but

    @if you earned more than 2 lacs salary + part time job you should and must pay the tax to Income Tax Officer

    @otherwise if you neglect that it leads to a criminal case

    all the best


  4. #4
    aaki Array
    Join Date
    Feb 2013
    Posts
    126

    Re: Will my part time job salary also get taxed?

    Hello ,
    Being part time or full time doesnt have much bearing while calculating the tax.
    The taxable amount is one's total annual income.
    So , if you doing other part-time jobs too , the income of all will add up to become your taxable income .
    If it exceedes Rs 200000 / annual , then you are entitled to pay the tax , thus your part-time income
    will also be taxed .
    All the best.
    Thank you !

  5. #5
    Its ams Array
    Join Date
    Jun 2013
    Posts
    210

    Re: Will my part time job salary also get taxed?

    Hi,You will generally not pay tax for part time job.Because no one will know about it.The income tax department will not know that you are working part time also.If you show your part time job in your income tax files.Then it will be counted in your annual income.And accordingly you will have to pay tax.Good luck

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