Friday, January 15, 2021

Salaried expect tax relief on work from home expenses in Budget 2021

While self-employed professionals can claim a tax deduction for expenses incurred by them in rendering services, there is no such option for salaried employees. Unfortunately, the current situation created by the pandemic was not envisaged and our tax laws do not provide for any specific deduction for the additional expenses that employees incur while working from home.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3oTlnDA

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