DEAR HR FRIENDS,
I would like to prepared a income tax policy, what are the things should i have to remember?
Points Are Below:
1. How To Bifurcate the salary in different Head?
2. our Consultant give me some Head it Like this:
BASIC, DA, CONVEYANCE, UNIFORM, HRA, if i take this head , is it required to produced a Documents For the Income Tax Deduction Procedure?
3. How Much limitation of this head Amount As Per Law ?
3. I want to Know that who is the responsible person for the this procedure HR Or Account Department? If HR, What the HR Role In This Income Tax Procedure.