After stiff resistance from its employees against a steep pay cut, National Aviation Company of India Ltd), which runs Air India, has come out with a fresh proposal to impose a 15-17 per cent cut on the total salary package.The total package includes basic salary, dearness allowance, house rent allowance and payments made under the productivity-linked incentive scheme . The cut, however, would not be applicable on 4000 employees.
Hard-line Hurriyat Conference chairman Syed Ali Shah Geelani has asked Kashmiris to desist from allowing people from outside Jammu and Kashmir to stay with them as tenants.
According to a study, there are several misconceptions regarding income tax.
Surendra Hiranandani -- chairman and managing director, House of Hiranandani -- explains what ails India's housing sector and indicates the way forward.
Allowances and perks will be up to 50 per cent of revised basic pay. House rent allowance and retiral benefits are outside the basic pay limit. The report was presented to Heavy Industry Minister Santosh Mohan Dev by the Second Pay Revision Committee Chairman M Jagannadha Rao in New Delhi.
The choice of tax regime dictates how your income will be taxed. If you don't make the right pick, you might end up losing money.
Our tax expert explains capital gains in response to our reader queries.
On Republic Day the President recognised the daring rescue of 41 workers trapped in a tunnel for 17 days in 2023 by humble rat-hole miners. The award hopefully will bring the forgotten superheroes back into the light.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Analysts at Bank of America Merill Lynch said that fears of inflation getting "generalised" are overdone, as only two sub-categories of fuel and light and housing (accounting for 22 per cent of the basket) have seen a price-rise above the headline 5.2 per cent.
It depends on the city and the rental being paid.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Here's why you can claim tax deduction on interest paid on your home loan as well as claim deduction on house rent alowance.
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