Union Cabinet approves recommendations of 7th Pay Commission on allowances
Union Cabinet has approved recommendations of 7th Pay Commission on allowances on Wednesday.
Jun 28, 2017, 18:09 PM IST
7th Pay Commission: The wait is not over yet! Final report on allowances next week
A high-level committee headed by finance secretary Ashok Lavasa is likely to submit its final report on HRA and ther allowances to Finance Minister Arun Jaitley next week.
Apr 12, 2017, 14:13 PM IST
Paying rent to kin for tax relief? Now, you will have to furnish proof of rent payment
Tax payers cannot be granted exemptions on house rent allowances (HRA) against sham rent payments to their kins.
Apr 11, 2017, 09:14 AM IST
Furnishing fake rent receipt to lower tax burden? Not anymore
The assessing officer can now demand proof — such as leave and licence agreement etc.
Apr 05, 2017, 11:20 AM IST
Smart cities: Soon, government may pay rent through vouchers to urban poor
The Centre may soon pay rent through vouchers in 100 smart cities.
Mar 10, 2017, 09:44 AM IST
Indian companies revisit appraisal template to attract right talent
With work habitats turning more and more complex, most companies in India are reworking their performance management mechanism so as to attract, retain and reward the right talent, says a survey.
May 08, 2016, 13:20 PM IST
Appraisals Due: Average salary hike of 12% likely; top talent to get 25%
t is appraisal time again and employees can look forward to an average hike of 10-12%, while top performers can eye as much as 25%, but this once-a-year evaluation norm may change as firms are shifting to a more regular feedback culture, say experts
Apr 10, 2016, 19:50 PM IST
Govt raises HRA deduction limit to Rs 60,000 for rent payers
In a relief to individual tax payers, Finance Minister Arun Jaitley today increased the tax deduction limit to Rs 60,000 per annum from the current Rs 24,000 on the housing rent.
Feb 29, 2016, 18:14 PM IST
Higher rent, transport allowance in 29 cities
The salaried staff in 23 cities, notably employees of the government and state-run companies, stand to gain in terms of their house rent allowance after an upgrade of their places of stay based on Census 2011. Six cities have been upgraded for travel allowance.
May 30, 2015, 15:30 PM IST
