Employees should review the accuracy and completeness of the information provided in Form 16. They should confirm that all the tax deducted has been credited correctly.
As the MPC is mandated to target CPI inflation rate at 4 plus minus 2 per cent, any measurement error in CPI is likely to have grave consequences for monetary policy.
We take the opportunity to bust a few myths
RBI's likely focus will shift back towards the resolution of non-performing loans in the banking system for reviving credit demand
The imported inflation component is also expected to ebb on lower oil prices and softer US dollar, it said.
Most taxpayers will benefit from being in the old tax regime, assuming they optimise their salary for tax benefits and claim the deductions available to them.
A simple primer on how much money taxpayers can save under various sections of the Income Tax Act.
Key risk for price rise is the 'deficient' monsoon that could lead to a pick-up in inflation expectations.
The government has been trying to make the tax laws simpler every year; however, there are numerous amendments required in the tax laws.
Your financial goals are of utmost importance and the tax saving is an added incentive, advises Dwaipayan Bose.
Salaried employees get several benefits under Sections 80C, 80D, 80G and others.
Deduction on home loan interest cannot be claimed when the house is under construction
"The main risk stems from the uncertainty surrounding the outcome of the south west monsoon in view of the rising probability of an El Nio event around July-August, and its implications for food inflation," RBI said, as it kept the status quo on key interest rate for the third time in a row.
Syed Firdaus Ashraf/Rediff.com tried to buy a house on his recent visit to Srinagar.
The policy review observed that the moderation in inflation, excluding food and fuel, that was witnessed in the first quarter of 2017-18 has "by and large, reversed".
Archit Gupta on how can you maximise your savings and reduce your taxable income.
rediffGURU Dr Ashish Sehgal counsels individuals on how to resolve conflicts and prioritise mental wellbeing.
The employers often split wages into different allowances to reduce their PF liability and also increase the take home pay of their workers.
The 6-member Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, in its fifth bi-monthly review, kept the repo rate unchanged at 6 per cent and reverse repo at 5.75 per cent.
This is roughly 70% of the national transporter's budgeted wage bill of Rs 40,435 crore for the current financial year.
F&O trading is a zero-sum game where one person's loss is another's gain. Only one per cent of traders gained the money lost by 93 per cent, warns Harsh Roongta.
The controversy over Aam Aadmi Party leader Arvind Kejriwal's house refuses to die down with the new accommodation he is planning to shift stuck in a legal tangle over ownership.
Ask your bank to save for you. Plan your taxes. Reward yourself for your addictions... Chartered accountant Shreya Jaiswal's 10 ways to make more money this year.
This city is not for developers, and the Slum Rehabilitation Act (SRA) is intended to serve the purpose of public welfare and not the developers, the Bombay high court said, directing two developers to pay transit arrears of Rs 11 crore to a suburban SRA project.
Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.
The ultras fired on Ghulam Rasool Dar, also the Kulgam district president of the BJP's Kisan Morcha, and his wife in Anantnag town in south Kashmir, a police official said.
Here are 10 important quotes from the PM's televised address:
During the three years of confinement with her son, the woman did not allow even her husband into the house after he stepped out to go to office when restrictions eased after the first lockdown in 2020, police said.
Lok Sabha Speaker Om Birla recognised Rahul Gandhi as the leader of opposition on Wednesday, a day after the Congress communicated its decision to name him for the position to the Lok Sabha Secretariat.
The revamp, which was announced in September last year, envisages a new triangular Parliament building, with seating capacity for 900 to 1,200 MPs, that is targeted to be constructed by August, 2022 when the country will be celebrating its 75th Independence Day.
Thousands of workers of every description -- from journalists to steel workers, from painters to New York cops, from auto to engineering workers -- marched for two hours down 5th Avenue one of Manhattan's most iconic thoroughfares, reports Jyoti Punwani.
High frequency indicators suggest that a growth recovery is underway, but very tentatively and with weak legs, says Saugata Bhattacharya.
The higher salaries and pension outgo will be equivalent to about one per cent of the GDP.
It is best to invest long-term surplus in stocks or equity mutual funds.
The new pay scale will come into effect from January 1.
On Bhagat Singh's 117th birth anniversary, Utkarsh Mishra recounts fascinating incidents from the legend's life.
Ensure the employer has all relevant documents. Else, your pay will take a serious hit in the next two months.
Electricity tariffs to go up as coal cess is doubled.
Employees and workers will meet on November 27 to protest against the recommendations
