Salaried employee can end up paying income tax on 14 months salary on job switch: Relief urged in Budget 2025

Changing jobs without serving the notice period can result in an unexpected income tax implication if the old employer recovers salary during a notice period. Let us examine this common yet overlooked issue and explore why it deserves attention in Budget 2025.

from Tax-Wealth-Economic Times https://ift.tt/GPyoa6h