Mon, Aug 12, 2019
Big benefits await government employees, including police personnel, of the newly created Union Territories of Jammu & Kashmir and Ladakh.
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Wed, Feb 20, 2019
Income Tax Calculator: The current Financial Year is about to end in a month. With this, most of the salaried individuals are also concerned about how to save income tax. If you see your salary slip, you will find a major portion of your salary is categorised under House Rent Allowance (HRA).
Tue, Mar 13, 2018
Income Tax Returns (ITR) filing: When you use gift as a tool to save the income tax, then you need to be very careful. If you make any mistake in understanding the provision, then it could result in clubbing of income and you may need to pay tax on such transaction. You must discuss with your tax advisor/CA before using the ‘gifting’ provision to save the tax.
Tue, Apr 18, 2017
7th Pay Commission had recommended abolition of 52 allowances and subsuming 37 others out of 196 allowances.
Fri, Apr 07, 2017
The impact on inflation is expected to persist for 6-8 quarters, with the peak effect occurring at around 3-4 quarters following the implementation, RBI had said.
Mon, Mar 20, 2017
Committee on Allowances, headed by Finance Secretary Ashok Lavasa, is expected to submit its report on higher allowances under the 7th Pay Commission in the last few days remaining in March 2017.
Wed, Mar 15, 2017
The Committee on allowances as part of the 7th Pay Commission has submitted its report on House Rent Allowance (HRA) to the government last month.
Wed, Mar 08, 2017
The Committee on Allowances under the 7th Pay Commission has allegedly submitted its report to the government recommending a 2% to 4% hike in Dearness Allowance (DA) for nearly 1 crore government employees and pensioners.
Tue, Feb 28, 2017
The Committee on Allowances as part of the 7th Pay Commission has submitted its report on House Rent Allowance (HRA) to the government earlier this week.
Sun, Dec 25, 2016
India's CPI inflation is likely to average around 5.3% in 2017, up from 5.1% in 2016, but the Reserve Bank of India (RBI) might still cut repo rate by 25 basis points in the first quarter (Q1) of next year, says a Nomura report.
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