Tax optimiser: How new taxpayer Malavika can cut outgo by 96%
Sudhir Kaushik of Taxspanner.com tells readers how they can optimise their tax ...
Metro ties up with large FMCG firms to sell their brands
These alliances include sale of SC Johnson’s All Out spray, Coca-Cola pop cans and A...
Pay most important while applying to first job, say more than half Gen Zers worldwide
More than half of Gen Zers worldwide (54%) – including 62% in the UK and 59% in the US – say pay is the most important consideration when applying for their first full-time job. Money becomes increasingly important the older the Gen Zer, with 57% of 22- to 25-year-olds agreeing that nothing outweighs pay, compared to 49% of the 21-and-under crowd.
Tax Optimiser: Why salaried Maduri needs to rejig pay structure to cut tax
Phaneendra Maduri is paying a high tax as his house rent allowance is nearly 90% of his basic pay, which means he is not able to claim the full exemption.
Tax Optimiser: How professional Mavalankar can save tax via NPS, rejigging perks
Varsha Mavalankar's pay structure is fairly tax friendly but there is scope to reduce the tax by over Rs 40,000 if she gets more tax-free perks.
Tax Optimiser: How NPS, perks can help salaried Mohanty cut tax by Rs 76,000
Taxspanner estimates that Mohanty can reduce his tax by almost Rs 76,000 if he gets more tax-free perks and his company offers him NPS benefit.
No salary, perks to rebel-MP Sharad Yadav, can have official house: SC
A vacation bench of Justices A K Goel and Ashok Bhushan, however, allowed him to retain his official bungalow, as ordered by the high court on December 15 last year.
Perks, gifts to employees may come under GST
Keeping tabs on company perks and gifts will not be an additional enforcement cost to the govt, tax experts said as all purchases by companies will be available on GSTN.
Tax Optimiser: How NPS, perks can help salaried Das reduce his tax by 28%
Das can reduce his tax if his pay structure is revised to include more tax free perks, he opts for the NPS benefit offered by his company and invests more in the scheme on his own
Tax Optimiser: How tax-free perks, NPS can reduce salaried Narang's tax outgo by Rs 65,000
Rishi Narang’s salary is not very tax friendly. More than 15% of his income is swallowed by tax. Few tax-free allowances and the NPS benefit can reduce his tax.
Asian currencies perk up as the dollar rally loses steam
The Indian rupee rose slightly ahead of a policy meeting later in the day.
Protection of perks paves way for bank turnaround
The government has given SBI Caps the mandate to draw up a bank-wise action plan for turnaround. According to Franco, the details have not been shared with the association.
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