BIG! Having Rent-Free Accommodation? Income Tax Dept Notifies New Rules For Valuing Such Houses – Top Speed News
Employees drawing substantial salaries and having rent-free accommodation provided by their employers will now be able to save more and get a higher take-home salary as the income tax department has revised norms for valuing such houses. The Central Board of Direct Taxes (CBDT) has notified amendments to the Income Tax Rules which will come…