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The amendments also enable parents to claim TCS credit for minors. Starting from the next financial year, employees with income from sources other than salaries will need to submit a new Form 12BAA.

Form 12BAA: The Central Board of Direct Taxes (CBDT) has introduced a new form — Form 12BAA, a move aligned with the Budget 2024 announcements. This form will allow employees to report tax deductions ...

CBDT has introduced Form 12BAA to enable employees to inform their employers about TDS and TCS from other income sources, aiding in reducing tax deductions from salaries and increasing take-home pay.

Perks like free meals at workplaces can enhance employee welfare, foster creativity, and build community, according to Alphabet CEO Sundar Pichai. Such benefits have led to Google being ranked ...

The SEC is appealing the July 2023 ruling that determined Ripple’s XRP sales on digital asset platforms, executives’ sales, and other distributions of XRP did not constitute investment contracts, ...

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 ...

Form 12BAA is specifically designed for employees to disclose their non-salary income and details about Tax Collected at Source (TCS). According to the Union Budget 2024 guidelines, this form will ...

"It sparks creativity and builds community," he said. Pichai believes that introducing benefits and initiatives that are employee-friendly can gravely influence work-place dynamics. “The ...

Union Budget 2024: The Central Board of Direct Taxes (CBDT) has introduced a new form known as Form 12BAA, specifically created for the disclosure of non-salary income and inclusion of details on ...

Sundar Pichai discusses Google's free meals fostering creativity and employee benefits while sharing insights on hiring and his personal life. Pravrajya Suruchi Updated : Oct 15, 2024, 07:06 PM IST ...