You Can Claim I-T Exemption On Relocation Allowance. Here’s How
With the world turning into a global village and businesses expanding into multi-geographic locations, employees are frequently transferred from one city to another. Such relocation leads to additional expenses, which includes shifting into a new house, moving household goods, finding a new school for kids, etc. MakaaniQ helps you understand the taxation of these allowances as you move to another city with your bag and baggage.