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TDS on Salary Calculation changes in 2024 I Budget 2024 impact on Salary I How to Save TDS on Salary
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The budget 2024 has proposed to lower the higher tax deduction for individuals.
Individuals who have paid TCS on foreign remittances, foreign travel etc. can now inform the same to their employer to reduce their TDS on salary.Employers can now consider the TCS related to their employees' foreign remittances etc while calculating the tax deducted at source (TDS) on salaries.
TDS on salary
TCS on salary
Adjust TCS with TDS
Individuals who have paid TCS on foreign remittances, foreign travel etc. can now inform the same to their employer to reduce their TDS on salary.Employers can now consider the TCS related to their employees' foreign remittances etc while calculating the tax deducted at source (TDS) on salaries.
TDS on salary
TCS on salary
Adjust TCS with TDS
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