Layoff is a temporary situation however retrenchment is actually Termination of services wherein severance pay is provided. In the video layoff is mentioned. Would you like to clarify please?
In the first part of your video you said that upto 5 lakhs there is no tax to be paid but the last part of video says tax will be applicable as per your tax structure on your salaries. Can you help me clear the confusion?
Layoff is a temporary situation however retrenchment is actually Termination of services wherein severance pay is provided. In the video layoff is mentioned. Would you like to clarify please?
Isn't section 10(10b) applicable in case of taxation for severance pay ?
In the first part of your video you said that upto 5 lakhs there is no tax to be paid but the last part of video says tax will be applicable as per your tax structure on your salaries. Can you help me clear the confusion?
First part is about VRS, last part is just normal severance due to layoffs
❤😂yes..right 😂❤💒😍😍💒🤩😇😇🤩