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SALARY CALCULATION
Quote of the Day by Johnny Carson: ‘The only thing money gives you is the freedom of not worrying about…’ - why wealth and happiness aren't the same thingQuote of the Day by Johnny Carson highlights that money's true gift is freedom from financial worry, not guaranteed happiness. In an era of...- Your Rs 30 lakh salary may mean nothing if you ignore this one number, says CA Nitin KaushikA high salary doesn't guarantee wealth; your savings rate is the true indicator of financial success. CA Nitin Kaushik emphasizes that if e...
- NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investmentNRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, N...
- 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...
- Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
- 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...
- 8th Pay Commission fitment factor: Estimated arrears Level 4 employees may get under 2.0, 2.15, 2.28, 2.57 and 2.86 fitment factors
- 8th Pay Commission salary calculator: Can top central government employees get up to Rs 93 lakh in arrears?8th Pay Commission news: Central government employees await the 8th Pay Commission's recommendations, with meetings underway. Arrears for t...
- 8th Pay Commission news: Defence employee body demands new inflation index to calculate 8th CPC DA, DR, revised payThe All India Defence Employees’ Federation (AIDEF) has urged the 8th Pay Commission to replace the AICPI-IW-based inflation measure with a...
- Rs 20k SIP in risky instrument with high return or Rs 27k SIP in less-risky option? The math of investing more vs chasing higher returnsChasing higher returns is a good aim to have. But it’s not as easy as it looks. Having a year or two of above-average returns is easy actua...
- 7 must-know things about EPS-95 pension: Eligibility, pension formula, family benefits and moreThe Employees' Pension Scheme, 1995, offers vital retirement benefits for organized sector workers. Managed by the Employees' Provident Fun...
- 8th Pay Commission arrear calculation: Estimated arrears Level 7 employees may get under 2.0, 2.15, 2.28, 2.57 and 2.86 fitment factors
- 8th Pay Commission calculator: Could Level 11–14 employees get ₹13 lakh to ₹53 lakh in arrears?
- 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...
- 8th Pay Commission salary calculator: How much arrears could level 11–14 employees receive under 2.0-2.86 fitment factors?8th Pay Commission salary hike: Central government employee and pensioner bodies are actively engaging with 8th Pay Commission officials re...
- 8th Pay Commission calculator: Salary hike and arrear estimates for Level 6-10 employees at 2.0, 2.15, 2.28, 2.57 and 2.86 fitment factors
- Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
- 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...
- ₹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...
- 8th Pay Commission calculator: How much arrears can Level 6-10 employees get at 2.0-2.86 fitment factorsThe 8th Pay Commission is consulting stakeholders before finalising its recommendations, while central government employees await clarity o...
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