8th Pay Commission: There is good news for central employees. There will be a huge jump in their salary after the implementation of the 8th Pay Commission. Discussion of the 8th Pay Commission has now ...

The Modi Cabinet on 16 January 2025 approved the formation of the 8th Pay Commission to revise the salaries of about 50 lakh central government employees and allowances of 65 lakh pensioners. HRA of ...

India's New Labour Codes (Nov 2025) mandate Basic Salary must be 50%+ of CTC. This reduces take-home pay but increases PF and ...

Salaried people have limited avenues for reducing their tax liability. Apart from deductions available through eligible investments, salaried people can reduce their tax liability through the House ...

the next time you are drafting down a rent agreement for your property, remember, it can save your tax. Here are the nuts & bolts of HRA exemption and the role of rent agreement in the same NEW DELHI: ...

There are certain conditions that should be met if a taxpayer wants to avail the benefits of HRA exemption. Let’s understand in depth who can avail the benefits of HRA exemption and how to calculate ...

EY’s Pre-Budget Wishlist for Union Budget 2024 calls for including tier-2 cities like Hyderabad, Pune, Bengaluru, Ahmedabad, and Gurgaon in the list of metro cities for HRA exemption calculation (from ...

Nirmala Sitharaman, the finance minister, made some adjustments to the personal tax structure in the union budget of 2023 to improve its appeal to salaried taxpayers who will be filing income tax ...

During the peak of the pandemic and even now, work from home has become a reality for many of us and it is indeed difficult to work efficiently from small spaces. Sounds from the kitchen, kids' ...