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Politics
Tamil Nadu MLAs give themselves 90% salary hike
The Tamil Nadu government on Wednesday almost doubled the salary and allowances of MLAs, taking their new pay packet to Rs1.05 lakh per month
1 min read19 Jul 2017Money
How much tax is applicable on pension and family pension
If you are a government employee, commuted pension is fully exempt from tax. However, for a non-government employee, it is partially exempt
2 min read16 Jan 2017Money
Monthly family pension is taxed as income from other sources
With respect to the pension, deduction up to one-third of the family pension received or `15,000, whichever is lower, can be claimed
2 min read9 Sep 2015Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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