With the introduction of new labour codes, salary structures are changing, requiring basic pay and allowances to constitute at least 50% of total CTC. This shift could increase taxable income, particularly affecting mid- to senior-level earners in key sectors, according to experts.
New labour codes: Why your tax burden may rise under revised salary structure – explained
With the introduction of new labour codes, salary structures are changing, requiring basic pay and allowances to constitute at least 50% of total CTC. This…
