Finance Minister Nirmala Sitharaman’s Budget 2024 modified income tax slabs, favouring the new tax regime. The old regime, ...

The income tax rules have changed in recent years. Due to this, not all salaried employees now have to submit investment and ...

The Supreme Court on Thursday (January 2) dismissed an SLP filed by PSU Munitions India Limited against an interim order of the Bombay High Court directing the implementation of a ...

While salaried employees with a HRA component in their salary can claim tax benefits under section 10(13A) of the I-T Act, others without HRA aren't left out entirely.

As of now, the basic pay for the role of PO is Rs 36,000, and the gross salary by adding various allowances stands at ...

Although the typical deductions for investment in the tax-saving instruments such as PPF, ELSS, KVP and NSC, have been phased ...

A company’s profit is calculated at three levels on its income statement, each with corresponding profit margins calculated by dividing the profit figure by revenue and multiplying by 100.

Below is a breakdown of how the points are calculated for the WTC, along with details on penalties and percentage points. Teams need to maintain a specific over rate during Test matches ...

and House Rent Allowance (HRA). Beyond a record of earnings, the SBI Clerk salary slip also acts as proof of employment for various purposes, such as when applying for personal, home, or vehicle ...

Its flaws and limitations as a health metric are well-documented. The article shows you how to calculate BMI and what it says about your health. It also describes the pros and cons of BMI scores and ...

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. A surge in gold imports that widened India’s trade ...

The Maharashtra government is taking steps to curb the misuse of House Rent Allowance (HRA) by state employees, as announced by cabinet minister Shambhuraj Desai in the legislative council on ...