Since there was no standard format required by salaried employees to disclose their investment details to their employers, each employer had to submit proof for each investment made in the year. The ...
Form 124 allows employees to declare tax-saving claims to employers. Filing ensures correct TDS calculation with eligible ...
Taxes withheld on salaries is based on the investment declaration filed by the employee at the start of the year. However, now, the Central Board of Direct Taxes (CBDT) has formalised the manner in ...
Effective June 1, all employees will have to fill in a new form 12BB issued by the central board of direct taxes in order to claim a tax deduction on LTA (Leave Travel Allowance), HRA (House Rent ...
New House Rent Allowance rules from April 1 require tenants to disclose landlord relationships, aiming to curb fake claims ...
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