I am an Indian citizen and resident. My ex-employer wants to pay tax on my behalf while I have only worked for them for two months.
My two month's salary is by no means equal or more than the minimum salary threshold for which income taxes have to be paid.
They, however, claim that the taxes will be paid on my behalf considering the income for one year.
By that I mean:
My annual salary (had I not quit): 5,00,000 > above minimum threshold for tax (requires 10% income tax). What I made in two months: 60,000 < miminum threshold for tax
My employer wants to pay: 10% of 60,000 = 6,000.
I feel that something is wrong here. My entire salary is not taxable, so why should the annual CTC be taxed, or why I should be taxed if my income at this firm doesn't even amount to the minimum threshold?