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taxation on salary
freinds,
i have got news that in new finance bill all kinds of allowances in salary head have been abolished.
i have referred to finance bill, i could not find such provision
pls put light on this topic
tahks
Replies (2)
Hai,
It is not yer published. It only suggest to abolish various deduction. It is also available in this site.
Muthu
It is not yer published. It only suggest to abolish various deduction. It is also available in this site.
Muthu
Hi,
There has been no such bill to grossly knock off all allowances.
The FM has asked for input for all and sundry on the various allowances/schemes/ deduction under the IT act in order to consolidate/knock them off, based on responses.
Don't worry now. You can postpone your worrying for some time
Sivaraman
There has been no such bill to grossly knock off all allowances.
The FM has asked for input for all and sundry on the various allowances/schemes/ deduction under the IT act in order to consolidate/knock them off, based on responses.
Don't worry now. You can postpone your worrying for some time
Sivaraman
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