HRA

Working From Home? Your Salary, HRA Can Be Reduced | Other Allowances Can Increase Considering the work from home preferences, soon the labour ministry may allow employers to tweak the salary structure of existing employees who opt for…

Under the 7th pay commission, the central government has hiked the dearness allowance, dearness relief and house rent allowance for its employees. Now, prior to Diwali, the government could give double bonus to its employees. As per an…

Pay More Taxes For Working From Home: House Rent, Travel Expenses Can Be Taxed Now You must be rejoicing as the lockdown initiated work from home must have reduced your expenses and increased your savings! However, hold that…

Alert! Work From Home Will Increase Income Tax For These Employees: How To Handle This? With work-from-home norm becoming such a comfortable part of today’s work lives, as uncanny as it may seem, is turning out to shoot up tax…

Govt Wants 9-Hour Working Day For All Employees; Employee Unions Reject Rs 375/Day As Minimum Wage As per the reports, The draft rule on wages has not decided on a minimum wage yet and it is expected that expert committees will suggest…

Fake rent receipts will not work now Its funny how Indians are mastered in finding out a loophole in every record. It turns out that many tax payers submit fake rent receipts, inspite of owning a house in the same city. This is done in…

Since ages, salaried employees have been using one time-tested and reliable method to save tax: House rent paid under House Rent Allowance. But no longer now. In a crackdown on this ‘formula’ to save tax, Income Tax dept. Will now no…