Business

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 …

New Delhi. Everyone uses a bank account. People also keep money deposited in their savings accounts. But, do you know how much money is safe to keep in a savings account. Even if the bank sinks or goes bankrupt, you will not lose a single penny. If you deposit more …

Income tax: Taxpayers have two options for filing Income Tax Returns (ITR) in the country – old tax regime and new tax regime. Taxpayers can choose either of the two options as per their convenience. Although the new tax regime will be applicable by default from the current financial year, …

An advisory has been issued for Fastag users by the Road Tolling Authority of National Highway Authority of India. A list of 32 banks has been prepared by the organization and users have been asked to buy Fastag from these banks only. The name of Paytm Payments Bank Fastag was …

Work from home rules: HCL Technologies, one of India's largest IT companies, has made a new rule for its employees. Now he will have to come to office 3 days a week. This rule will come into effect from February 19. If an employee does not come to the office …

Paytm Payments Deadline Extended: The Reserve Bank of India (RBI) has given a big relief to Paytm and given a relaxation of 15 days. Now the limit of restriction on Paytm Payments Bank will not be applicable from February 29, but it has been extended by 15 more days. Now …

OLA Electric Gears Price: Ola Electric, the country's leading electric two-wheeler manufacturer, has given a big gift to its customers. The company has announced huge discounts on all its electric scooters. The company has made this announcement to promote electric mobility in the country. The company says that it has …

NPS Investment: The National Pension System (NPS) not only provides a large lump sum amount after retirement, but also provides for pension. If you are thinking that investing in NPS can be done only while working, then you are thinking wrong. You can continue investing in NPS even after retirement. …

ICICI Bank FD rates hike: This time when the Monetary Policy Committee of the Reserve Bank of India met, there was no increase in the repo rate. In such a situation, people were feeling that the interest on fixed deposit scheme might decline. However, in contrast, ICICI Bank has increased …

High earning people are struggling to save tax. Under the new tax system the central government will provide Rs. Income up to Rs 7 lakh is exempted from tax, whereas under the old tax system income up to Rs. There is exemption on annual income up to Rs 5 lakh. …