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SALARY DEDUCTIONS EXPLAINED
Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAA- 1 minute late from lunch means 1 hour of extended unpaid work hours? Viral memo leaves employees shocked
- NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investment
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...19 Jun, 2026, 03.44 PM IST
- Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deductionSelf-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...18 Jun, 2026, 01.30 PM IST
- New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...17 Jun, 2026, 12.23 PM IST
- How a simple home loan EMI calculation before you apply can reduce your interest burdenA home loan EMI calculator is an invaluable tool for financial planning, allowing users to estimate monthly repayments, total interest, and...10 Jun, 2026, 11.14 AM IST
- Employee shocked after discovering salary cut for every leave day despite annual leave entitlementA Kochi-based manager is raising concerns after their employer deducts salary for approved annual leave, a policy not disclosed during hiri...09 Jun, 2026, 08.01 PM IST
- ₹36 lakh job offer vs ₹25 lakh salary: Gurugram techie says higher package brings lower take-home, flags Mumbai cost worriesA Gurugram-based tech professional faces a career crossroads. A new job offer in Mumbai promises a higher annual salary but a reduced month...06 Jun, 2026, 06.55 PM IST
- Boss continues paying employee who quit to care for son, says 'don't worry about money'An employer offered unwavering support to an accountant who resigned to care for his critically ill son. The company continued his salary f...04 Jun, 2026, 05.40 PM IST
- 'I earn Rs 2 lakh a month': Engineer cab driver's answer leaves Bengaluru influencer stunned, his business model gave 'goosebumps'A Mumbai cab driver has gone viral after revealing that he earns around Rs 2 lakh a month through a fleet business he built from scratch. S...02 Jun, 2026, 04.42 PM IST
- ITR filing 2026: 5 benefits of filing income tax return besides paying taxesFiling your Income Tax Return is more than just a tax duty. It acts as a vital financial record. It helps in getting loans approved. You ca...02 Jun, 2026, 03.23 PM IST
- Employee rejoined company on one condition: 'no late-night shifts'; now boss guilt-trips her because she has no kids and lives nearbyAn employee who negotiated a no-late-shift arrangement when rejoining her company says her manager is now subtly pressuring her to cover th...02 Jun, 2026, 01.50 PM IST
- 'You don't need crores to start': Bengaluru techie who rejected a Rs 30,000 job now earns Rs 2 lakh a month from businessA Bengaluru engineering graduate rejected a Rs 30,000 monthly job offer to build a commercial vehicle business. Starting with one car, he n...01 Jun, 2026, 10.58 AM IST
- ‘Rs 5,000 mein yaha ghar kaise lu, sir?’: Harvard-graduate Indian investor shares story of Mumbai security guard who cannot rent a house and sleeps in guard roomsHarvard-graduate Indian investor, Vineeth K shared a heartbreaking story about a Mumbai security guard surviving on just Rs 5,000 a month a...20 May, 2026, 07.32 AM IST
- Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...18 May, 2026, 11.23 AM IST
- Need over ₹2 crore for foreign education? From scholarships to SIPs - know the smart ways parents can plan for expensive foreign degreesThe escalating cost of foreign education, often underestimated by Indian parents, necessitates early financial planning. Beyond tuition, ac...14 May, 2026, 05.28 PM IST
- Zero income tax on Rs 15 lakh CTC? Here’s how these allowances and perks can cut your tax under new tax regimeSalaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perqui...13 May, 2026, 04.59 PM IST
- Wealth building mistake many make: CA warns about 'automation' trap that quietly drains bank balances every monthA Chartered Accountant has highlighted how rising EMIs, rent, SIPs, and other automated deductions are leaving many salaried individuals wi...10 May, 2026, 11.50 PM IST
- Employee expecting 'good appraisal' gets shocked after salary decreases due to increment. 'There was nothing I could do'A Reddit user shared his experience of expecting a strong appraisal after joining a company just before the review cycle, only to receive a...01 May, 2026, 10.59 PM IST
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