New Minimum Salary For Exempt Employees 2024. With the upcoming changes, it is important to update policies and pay practices to stay in compliance. Determine whether to reclassify employees.
Determine whether to reclassify employees. Therefore, those who opted for the old tax regime in april 2024 may want to switch to the new tax regime for tds on salary.this is because if their estimated tax liability as per the new tax regime is now lower.