My salary just crossed the 5Lac mark
I want to confirm what's the procedure of tax

Will it be automatically deducted from salary, what I have to do ?
Can anyone please help

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Your overall CTC crossed the mark or your taxable income (amoutn after all deductions) crossed the 5 lakh mark?

If your taxable income is more than 5 lakhs then tax will be deducted from your salary monthly.

To claim tax relief upto certain amount:

You can claim HRA , which is tax free upto 40 or 50% of your Basic Salary depending on your location
80C Deductions which is 1.5 lakhs if you have any investment

But you need to file ITR in any case

It will be deducted from your salary

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