Salary structure, DA, gratuity, EPF contribution, Income Tax, LTC scheme – These rules affecting your pocket set to change from April 1
There are number of rules affecting common man are all set to change from April 1. These changes will affect the people in many ways—right from your salary structure, EPF contribution, LTC vouchers, grtuity to ITR filing — most of these rules will change starting April 1.
As the government plan to implement New Wage Code Bill 2021 from April 1, you salary may see huge overhauling, while as per the announcement made by Finance Minister EPFO contribution and income tax filing rules will also change. Source: Reuters