The Chennai Professional Tax Department has recently published Notification No. 574/2024, introducing a revised tariff structure for professional tax applicable to the Chennai location. The updated tariff will come into effect starting the second half of the financial year 2024-25. Here are the revised professional tax details based on gross salary: Gross Salary (INR) Professional […]
Tag: Taxation changes
New Rules for Rent-Free Accommodation (RFA) Perk by Employers: What’s Changed
Understanding the Recent CBDT Amendment The landscape of taxation is evolving, and the Indian government’s ongoing efforts to modernize and streamline tax regulations are a testament to this fact. In a recent development, the Central Board of Direct Taxes (CBDT), a key arm of the Ministry of Finance, has introduced updated rules pertaining to the […]