Tag: CBDT
CBDT’s recent changes boost take-home pay for employees
The Central Board of Direct Taxes (CBDT) has come up with a new rule that will result in an increase in the net income...
Rs 25 lakh is now tax exemption limit on leave encashment
There is news for non-government salaried employees retiring on or after 1 April 2023. They will now be able to avail the benefit of...
CBDT issues circular on TDS collection for FY 2022-23
The Central Board of Direct Taxes (CBDT) issues a circular that explains the deduction of TDS from salaries. The board said that income tax...