Higher take-home salary? Check I-T department's new rules for valuing rent-free accommodation by emp

In a move to provide employees with higher take-home salaries and savings, the Income Tax Department has announced revisions to valuation norms for rent-free accommodation. The changes, set to take effect from September 1, are expected to particularly benefit high-earning individuals who receive employer-provided housing perks, as per a notification by the Central Board of Direct Taxes (CBDT).

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