Tax evaders, BEWARE!The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints. Kindly note this illustration generated using......
In a boost to Indian's maritime security interests, the country's west coast has been excluded from piracy High Risk Area by a top body of the European Union after a revision of the limits. The......
The 7th Pay Commission has recommended more than doubling the 'Military Service Pay' to defence personnel, and suggested that Short Service Commissioned Officers should be allowed to exit the Armed......
Financial advisors are often quizzed about how an employee House Rent Allowance (HRA) works. Typically, an employee gets a certain amount of HRA. But often he either owns a flat or is about to......
Among all income tax doubts, the issue of House Rent Allowance (HRA) going hand in hand with housing loan deductions seems to vex employees the most. Let's examine this. Vinayak Rege, who is......
The RBI said on Wednesday that it expects retail inflation to be in the 4.3-4.7 per cent range during the second half of the current fiscal, marginally higher than projected earlier, on account of......
Ajit, currently working for Company A, stays in a rented apartment in Mumbai and has bought himself a property in Chennai. He took a loan for buying the house. He finds himself in a dilemma while......
The seasonal frenzy has begun once more. Most often towards the end of every financial year doubts and queries about the various tax components play havoc on our minds. To put some of those......
Six-times champion jockey Kieren Fallon will go to the high court in London on July 27 in a bid to quash the ban on him riding in Britain, court officials said on Wednesday. Irishman Fallon, 41,......