Monday, 2 February 2026

TAX SAVING OPPURTUNITY FOR SALARIED PEOPLE

 01. The present employer contribution is restricted to  12%.

02. In the proposal the 12% limit removed

03. It means employer contribution can go upto Rs. 7.5 Lakhs

04. The extra payment to PF from employer is not CTC in the hands of employee & reduce the employee tax burden

No comments:

CIT(A) cannot direct reopening of years not under appea

  Recently, the Hon’ble Income-tax Appellate Tribunal, Chennai (‘ITAT’) in the case of Mr. Chandanmal Nagaraj v. Assistant Commissioner of I...