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Circular of Finance department
what if , our employer is not ready to allow calculation of income tax according to the circular by finance department
Replies (2)
Which circular & FY....?
New tax system as per new reduced slab rates (as per Budget 2020) Wii become effective from 1-4-2020 that is FY 2010-2021.
So for current year which will be ending on 31-3-2020 FY 2019-2020 calculation will be at old existing slab rates.
So your employer will definitely allow calculation as per reduced slab rates , if you choose for it.
So it's just mis-understanding , I think.
So for current year which will be ending on 31-3-2020 FY 2019-2020 calculation will be at old existing slab rates.
So your employer will definitely allow calculation as per reduced slab rates , if you choose for it.
So it's just mis-understanding , I think.
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