New tax structure in budget 2020- for HR professionals and C&B professionals
On 1st Feb , the government introduced a new tax structure in budget 2020. This changes things for everyone – but especially for HR professionals and C&B professionals who need to familiarise themselves with the changes.
Animesh Rai, who leads Training and Certification for CHRMP gives a quick overview of what's new.
In Part 1 , he gives a detailed overview of the new tax structure and the rules associated with it.
In Part 2, Animesh takes an example of how an individual's compensation structure would differ depending upon whether they pick the old or the new tax structure .
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