TwirlyLlama
TwirlyLlama
10mo
by

Trending @Accenture; Forgot to deduct Income Tax?

Got salary deposit today and was few thousand rupees more

I checked the payslip today on AllSec, looks like they forgot to deduct Income Tax

Same for everyone else or it's just random error?

10mo ago
FluffyKoala
FluffyKoala

Are you serving notice period?

TwirlyLlama
TwirlyLlama
10mo

Yes I am

TwirlyLlama
TwirlyLlama
10mo

Yep.. It matters?

SparklyHamster
SparklyHamster

Hike given by

Gif
CosmicJellybean
CosmicJellybean

If your CTC is less than 12 Lakhs and you've chosen New Regime, no tax would be deducted for this year.

TwirlyLlama
TwirlyLlama
10mo

My CTC is more than 12 LPA This issue looks like a one time thing

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CosmicJellybean
CosmicJellybean

Hmm better to raise a query on Service Now and get it clarified. I have received salary with less income tax as expected due to the new salary tax slabs

GigglyWalrus
GigglyWalrus

No, it’s because of the updated tax slabs under New regime. Feels like a hike given that Accenture is not giving any πŸ˜‚

TwirlyLlama
TwirlyLlama
10mo

Haha In pay slip, I can't any Income Tax deduction

So asked

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GroovyPotato
GroovyPotato

How much tax is mentioned in tax regime calculator on Allsec portal?

TwirlyLlama
TwirlyLlama
10mo

0

FuzzyRaccoon
FuzzyRaccoon

Its because of changing tax slabs!! Chill nothing wrong with

FuzzyPancake
FuzzyPancake

Even I got reduced IT this month, not sure about the reason though. Agle mahine na kaat le is chakkar me vo

TwirlyLlama
TwirlyLlama
10mo

I guess they will deduct extra, right? Or part by part deduction overtime maybe

BouncyMarshmallow
BouncyMarshmallow

What is your yearly income??

TwirlyLlama
TwirlyLlama
10mo

It's not relevant to the post my friend

PeppyPretzel
PeppyPretzel

Its hike given by Nirmala Sitharaman, CTC upto 16.5 lakh is tax free with PF and NPS

TwirlyCoconut
TwirlyCoconut

In the new tax slabs proposed by Nirmala Sitharaman, there are tax benefits almost at all income levels....for example people earning 23-24 Lacs will now pay annually ~1-1.2 lacs less tax, which will increase the salary by few thousand rupees even for those who are above the 12 lac limit

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