Effective use of salary components, such as leave travel allowance (LTA), house rent allowance (HRA) and reimbursement can help you save tax at the end of the year
2 min read25 Jun 2018Check 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 2018Several 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 2018A poor budget for the salaried class: no change in income tax rates or slabs, marginal relief from standard deduction but a higher cess
3 min read2 Feb 2018Benefits for the salaried under the proposed Rs40,000 standard deduction will be neutralized by inclusion of transport and medical allowances and 1% hike in health and education cess
1 min read1 Feb 2018RBI says the govt appointees on the Monetary Policy Committee will be paid Rs1.5 lakh per meeting along with air travel and other reimbursements
3 min read23 Jul 2017A Pentagon spokesman says the funds could not be released to Pakistan because Pakistan has not taken sufficient action against the Haqqani Network
1 min read22 Jul 2017The Pentagon says the funds could not be released to Pakistan as US secretary has not certified that it has taken action against the Haqqani network
2 min read4 Aug 2016An employee can claim the reimbursement not only for medical expenses incurred for herself but also for spouse, and dependent children and parents
2 min read14 Jun 2016Here’s a look at the best ways to claim LTA
2 min read2 Mar 2015The 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