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HRA GUIDELINES
Good news for salaried employees in these cities as they can get higher HRA exemption; disclosure of relationship with landlord a must as Income Tax Rules 2026 notifiedNew Income Tax Rules, 2026, offer higher HRA tax exemptions for salaried individuals in eight major cities, including Mumbai, Delhi, and Be...
Will DA, HRA, TA and other allowances continue to rise till 8th Pay Commission recommendations come into effect?7th Pay Commission DA Hike 2025: Central government employees can expect Dearness Allowance and other key allowances to continue rising unt...
ECI & citizenship verification: Supreme Court orders dating back to 1995 drew the linesThe Election Commission of India's (ECI) Special Intensive Revision (SIR) of electoral rolls in Bihar has sparked debate over citizenship v...
Lokpal seeks CBI, ED officers to join its inquiry wingThe Lokpal is seeking experienced officers from CBI, ED, and other agencies to join its inquiry wing on deputation. This initiative, follow...
2% DA hike for central govt employees; check how much salary increase you'll get? Easy PF, gratuity calculations
Budget 2025 should cut tax rates, raise income tax exemption to ₹5 lakh: EYUnion Budget: EY India proposes personal tax relief and the deferment of TDS on PF interest rate in the upcoming union budget 2025-26. They...
Cabinet approves 3% DA hike for govt employees ahead of DiwaliDA Hike: The Union Cabinet has approved a 3 per cent increase in Dearness Allowance for central government employees and pensioners. This d...
6 things salaried taxpayers want from Budget 2024: Hike in standard deduction, HRA exemption, work from home benefits and moreBudget 2024 expectations: The upcoming budget is expected to address salary taxation to benefit salaried individuals and boost the economy....
Forgot to submit tax-saving proofs to your employer? You can still claim the benefit for theseAt times a taxpayer may forget to show the entire amount of the qualifying amount for deductions to the employer. There's still a way out.
Finance ministry working on norms for salaries of retired central govt officials re-appointed on contractIn an office memorandum dated August 13, the Department of Expenditure, Ministry of Finance, said that ministries/departments appoint retir...
Expect a pause in policy if commodity prices fallThe RBI has projected growth for FY19 at 7.2 per cent with risks evenly balanced.
RBI keeps status quo: Full text of 6th Bi-monthly Monetary Policy Statement of FY18The RBI cuts its FY18 GVA growth to 6.6% and kept the stance neutral.
Rate cut to boost private investment, resolve debt overhang: Urjit PatelOn divergences in the policy document and action as also in the divergent views of the MPC members, Patel said: "MPC decision is consistent...
Will tackle NPAs in a way that there's no lack of credit: Urjit Patel"Infra, steel, textile, power and telecom, all these sectors are internally important and dealing with the stressed assets system will requ...
Government increases scholarship for scientists by 50%The hike, which comes into force from this month itself, could help curb brain drain by boosting the research environment in the country.
Get a house on rent, own it later: Govt employees to benefit from new HUDCO schemeA government agency will first build an apartment with HUDCO's loan before allowing government employees to stay in those dwelling units on...
Top IAS officer Rajiv Nayan Choubey eyes perks of ONGC chairmanRajiv Nayan Choubey has been eyeing the ONGC chairman's perks after he became the first bureaucrat to head the Directorate General of Hydro...
- Query Corner: Taxation
Our expert (Vaibhav Sankla, Executive Director, Adroit) guides you in matters relating to taxation. Email to etquerytax@indiatimes.com
- Taking joint home loan good for husband and wife
Taking a joint home loan offers dual advantage of minimising the debt burden and maximising the tax reliefs. Nomination norms for your flat
- Central Services to get housing quota
Its the turn of government officers from the Central Services to feel good.