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Tax deduction on salary while switching job

Category: InvestmentsTax Planning Comments: No comments

Tax deducted on salary while switching job

When and employee changes job in a financial year once or more than once then he faces a common problem of extra tax deduction at year end. Financial year is the period starting 1st April and ending 31st March every year. Employees have a common a common question why my tax got deducted even though TDS was deducted in my previous company, why do i have to pay extra tax when it is already paid...

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