In fact, any percentile method of the sort used now will itself skew the data upon which it relies to "identify exempt employees" when it establishes a new minimum salary level. For example, assume that the Department sets the minimum sa...
Section 10 of the Income Tax Act allows a list of exemptions which are available to tax-payers, both salaried as well as non-salaried individuals. You can claim an exemption under Section 10 for different types of incomes that you earn in a financial year. Section 10 contains various ...