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7th Pay Commission recommends 2-fold hike in Military Service Pay

 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......

'More than a majority will shift to new tax regime'

 'TDS rates are not dependent on which scheme you are in.''TDS rates would not be impacted irrespective of the scheme either old or new regime chosen by taxpayers.' Illustration: Uttam......

New tax regime 'sweetened' to benefit taxpayers: CBDT chief

 The new income tax regime for filing returns has been "sweetened" in the Budget 2023-24 and it will be beneficial for maximum number of taxpayers as they can enjoy a "reduced" tax rate, CBDT......

No tax on income up to Rs 7 lakh, surcharge cut to 25%

 Finance minister Nirmala Sitharaman on Wednesday announced no tax for those with annual income of up to Rs 7 lakh under the new tax regime but made no changes for those who continue in the old......

Don't have Form 16? You can still file your tax return

 If a salaried employee does not possess Form 16, he can still file the I-T Return with the help of his salary slips and Form 26 AS. Illustration: Uttam Ghosh/Rediff.com The last date to file your......

Dear Nirmalaji: Reduce taxes on medicine, insurance

 Illustration: Uttam Ghosh/Rediff.com   On Monday, February 1, 2021, Finance Minister Nirmala Sitharaman will present the Budget for Financial Year 2021-2022. Nirmalaji has asked us to send......

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 India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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 Complete Coverage of Indian cricket team's encounter with Sri Lanka during 3rd Jan - 15th Jan 2023.

GUJARAT, HIMACHAL GO TO POLLS

 The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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