Navigating Income Tax Declarations When Switching Jobs: What HR Should Know

Rapolu HS

Dear Friends,

Income Tax declaration format for those who are joining from one organization to another organization during the year. As an HR professional, you can suggest the incoming employees to submit the same.

Regards,
Rapolu HS

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prakashaudit

I have gone through your calculation sheet. In medical, only up to ₹15,000 is exempt. Anything above ₹15,000 is taxable. In the case of conveyance, only ₹9,600 is tax-free, and the balance is taxable.

Please correct me if I am wrong.

Regards,
Prakash

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