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The increase in HRA for central government employees under the seventh central pay commission, has impacted the CPI inflation by nearly 35 basis points.

HRA hike under 7th pay commission impacted CPI by 35 bps: study

The revised HRA structure, under the seventh CPC, came into place in July 2017.

25 April 2018 4:08 PM IST

Many taxpayers donate one days salary or part of their income for noble purposes but do not declare these donations in their tax returns.

Unusual methods to save more tax

The income law gives many non-traditional options to save tax. Here are some ways to raise exemption bar.

4 March 2019 2:43 AM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Taxpayers beware! Claiming false HRA through ITR may land you in...

The format of Form-16 has been changed to make it in sync with the format of Income Tax return (ITR).

17 July 2019 2:58 PM IST

RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

Cabinet okays 7th Pay Commission proposals; key facts

Armed forces have been pressing for reverting to percentage-based regime for disability pension.

4 May 2017 1:13 PM IST

Refinancing needs are manageable for most corporates in 2017, given their better access to the capital markets and large cash balances.

Secretaries' panel to decide on HRA proposals today

Employees' union has demanded an HRA of 30 per cent, 20 per cent and 10 per cent of their basic salary.

29 May 2017 3:11 PM IST

Cabinet Secretary Pradeep Kumar Sinha (left) with his predecessor Ajith Seth in New Delhi.

Cabinet Secy assures fast decision on allowance report

Lavasa Committee has proposed a House Rent Allowance of up to 30 per cent of basic salary.

25 May 2017 11:54 AM IST

RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

Decision on 30 pc House Rent Allowance likely today

Empowered Committee of Secretaries to discuss today allowance structure for central govt employees.

24 May 2017 1:15 PM IST

The move is aimed at collecting more property tax for fiscal 2017, which ends March 31.

Submit proof for your HRA exemption claim: I-T dept

I-T dept swings into action after subtantial rise in number of fake rent receipts employers are getting.

11 April 2017 2:38 PM IST

RBI had issued a notification saying that the withdrawal limit of cash from savings bank accounts will be relaxed to Rs. 50,000 from February 20

New wages under 7th Pay Commission from July

The hiked payment is likely to firm up private consumption growth which had tanked a little in the final quarter of last...

9 Jun 2017 11:47 AM IST

Union finance minister Arun Jaitley in New Delhi. (Photo: PTI)

7th Pay Commission: Lavasa panel submits report

Full implementation of panel recommendations will cost govt Rs 29,300 crore.

28 April 2017 5:01 PM IST