If per day living allowance is used when abroad, it is tax exempt in IndiaSonu Iyer
Leave Travel Allowance (LTA): Find out the meaning, eligibility, claiming process, exemption limit, section, and stay updated with the latest developments.
The Cabinet Secretary’s post is the highest-ranking civil servant and the senior-most executive official in the Government of India. The Cabinet Secretary salary is approximate ₹2,50,000 per month. In addition to the basic salary, the Cabinet Secretary may also receive various allowances suc...
Which tax form do most other individual taxpayers file? What are income tax regulations in India if I take a loan of around 5-10 Lakh from someone (not a bank) for my startup with some interest rate? What is General Tourism taxable income for the year 2018? How do I learn inco...
MY BASIC IS 15,000 AND OTHER ALLOWANCE IS RS.5,000 AND I GOT INCREMENT, BONUS ON BASIC + OTHER ALLOWANCE. PL TELL ME ON WHICH PART I WILL GET THE GRATUITY. PRAVESH KUMAR TIWARI June 6, 2018 at 5:40 PM IF ANY EMPLOYEE GOT DEAD DURING THE SERVICE PERIOD ARE HE IS ELIGIBLE FOR ...
The ancient culture realized that multiple constituents like herbs, spices, and other food components may work synergistically to produce a therapeutic effect [11]. Traditionally, people in India sat down comfortably on the ground to have their meals along with the entire family. It was believed ...
Plutocracy doesn't have to be a purposeful, overt format for government. Instead, it can be created through the allowance of access to certain programs and educational resources only to the wealthy, thereby making it so that the wealthy hold more sway. The concern of inadvertently creating a ...
This article covers dearness allowance meaning, DA in salary, DA calculation, its various types, and more. It also discusses the many uses of a dearness allowance calculator.
How is Payroll Calculated in India? The payroll in India can be calculated using the following formula. Net Pay= Gross Salary – Gross Deduction Where, Gross Salary= Basic salary + HRA + DA + Allowances + One-time payment/incentive (Reimbursements, Arrears, Bonus, etc.) ...
What are the benefits for a salaried person with taxable income in the range 5-10 lakh from the FY 2019-2020 Indian Government Budget? How many allowances are allowed to be claimed on the W-4 form? How could a bank generate higher income before tax (as a percentage of assets) when ...