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Salary income is taxable in the year in which it is due or received, whichever is earlier

Check with the accountant if reimbursement component can be claim without producing bills.

In case you have a salary account with a bank, it is your duty to inform them of change in employment status

Normally, HRA exemption depends on your salary; place of residence; rent paid & lastly the HRA received

If your salary ends much before than expected, you are in a dire need to adopt these five advices

Vaibhav Sankla, Director H&R Block India helps you to make your salary more tax-efficient

Pay income tax on the total salary received.

Pay tax in advance if estimated tax liability for the year is likely to be Rs.10, 000 or more

Withdrawing your Provident Fund is not always taxable. You can save on the taxes by fulfilling certain conditions.

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