Income Tax Rule: New Rules Implemented for Employees, Salaries to Increase
Income Tax Rule: In a move set to benefit salaried employees across the country, the Income Tax Department has introduced changes to the rules governing Rent-Free Accommodation (RFA) provided by employers. The Central Board of Direct Taxes (CBDT) issued a notification detailing the updates, which have already come into effect from September 1, 2024. These … Read more