Allowances News

News

Industrial workers set for a pay hike

The base year for CPI-IW will be revised from 2001 to 2016, which is likely to benefit millions of workers

1 min read16 Oct 2020
News

Haryana govt freezes dearness allowance at current rate till July 2021

The Haryana government will continue to pay dearness allowance (DA) at a rate of 17%

1 min read7 Jul 2020
News

Uttar Pradesh government scraps 6 allowances for its employees

The scraped allowances include — two language encouragement allowance, encouragement allowance for computer operations, postgraduate allowance, cash handling allowance, irrigation dept project allowance, family planning encouragement allowance

1 min read27 Aug 2019
Money

NRI taxation: Allowances earned abroad may be tax exempt in India

The exemption from income tax is limited to the extent of amount of expenses actually incurred by the individual

3 min read16 Oct 2018
Money

Changing jobs? Check if new salary structure is income tax efficient

Check how many reimbursement components and allowances are part of your salary structure at a new job and whether they offer income tax benefits

2 min read14 Jun 2018
Politics

Railways’ operating ratio could be its worst ever in FY18

Railways' operating ratio could settle at 98.5% for 2017-2018, recording its worst performance ever since 2000-2001 when it was 98.3%, said an official

1 min read20 Apr 2018
Money

Do you know your salary structure?

Several salaried people admit they have little understanding of their salary. Here is an attempt to give you a sense of how to understand your salary structure

3 min read17 Apr 2018
Politics

SC dismisses challenge to pension and other perks given to retired lawmakers

The Supreme Court says it won't interfere in the matter of pension and other perks given to retired MPs and MLAs

1 min read17 Apr 2018
Politics

7th Pay Commission: Govt doubles child care allowance for women with disabilities

The central government has doubled to Rs3,000 per month the child care allowance for women employees with disabilities based on 7th Pay Commission recommendations

1 min read18 Aug 2017
Politics

7th Pay Commission: Defence forces officers in peace stations to get ration in cash

Despite 7th pay commission recommendations, armed forces offers in peace stations will get continue to get ration in cash

1 min read26 Jul 2017
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