Complications in Income Tax for employees :-- If income of any employee is the salary received during a particular year, and is taxable under Income Tax after dedications, then why the same employee is double taxed by the Govt when not paid the due earned salary on time. Paying the previous years earned salary next year and including that in total amount while calculating tax is not justified? Let one employee joins the service in the mid of a year and the tax calculated for that year needs to be on the income he earned during that particular financial year, which may be less than the tax slab so the employee has not to pay for that year on the earnings/salary. But if the same salary is paid next financial year, as the Govt may not be able to pay that time or any delay on account of concerned department, why is that amount taxed as income for the next financial year ? Is it not injustice with the employees ? Dont it need to be rectified? Your comments plz ?
Posted on: Wed, 05 Mar 2014 07:05:25 +0000
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