Form 12BAA to reduce TDS from salary: The Central Board of Direct Taxes has notified a new form called Form 12BAA. The new form notified by the CBDT will help an employee to tell the employer about ...
In line with the provisions of Union Budget 2024, the form will enable people to inform their employers about already deducted tax from non-salary sources. “Employers are required to deduct tax at ...
This form is straightforward, requiring employees to report their TDS and TCS from other sources. It serves as an additional notice to employers. Employees will need to submit Form 12BA along with ...
Step 8: Contact your employer to approve the request Step 9 ... for the calculation of the number of years of EPF contribution as based on that it is decided if EPF withdrawal will be tax-free or not.