Thursday , December 26 2024

Business

Agitation started again on the issue of old pension scheme, teachers protested by wearing black bands, strike on 23rd

Old Pension Scheme: Once again in Gujarat, employees of many other departments including teachers have protested against various pending demands including the old pension scheme. Under the Gujarat State United Employees Front, teachers did their duty yesterday wearing black bands and on 16th all the employees will do their duty …

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Income Tax: Will there be tax on the subsistence allowance received when going abroad for office work? Know what the income tax rules say.

If a person goes abroad for office work, the company gives him subsistence allowance. This is given so that additional expenses incurred during stay abroad can be compensated. The question is whether this allowance will be taxable in India? The Delhi branch of the Income Tax Appellate Tribunal has recently …

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