banner_ad

Role/Designation changed

Others 210 views 1 replies
What if a company says to change the roles and designation of the employee and other things like CTC and all remains same and after changing the designation company says that your CTC will get reduced.?
Replies (1)

As many companies are cutting their employees' pay it is advisable for the employees of such companies that the pay cut is reflected in the components of their salary (basic, HRA etc.) as well. If the pay-cut is made via any other arrangement then the income tax department may not take into account such cuts and consider it as salary due as per some chartered accountants. Others opine that taxation of salary in such a case would depend on whether the salary reduction is a pay cut or a deferral.  ..
 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details