Gratuity is paid to employees by their employer at the time of retirement/resignation or in case of death and disability. We share the formula to calculate gratuity and how it is taxed
Gratuity: Calculation, Formula and Tax Read More »
All salaried have different type of leaves namely: Sick Leave, Casual Leave, Earned/Privilege leave, etc. If employees take lesser leaves than they are eligible for, most employers encash the left over leaves either annually or at the time of leaving the company. Of all types of leaves only earned or privilege leave is encashable. Leave
Leave Encashment: Calculation & Taxation Read More »
Invest some part of your Fixed Income investment in Tata Capital Housing Finance Ltd NCD due to its attractive interest rate and AAA rating.
8.70% Tata Capital Housing Finance Ltd NCD – January 2020 – Should you Invest? Read More »
‘AA+’ Rated NCD from Shriram Transport Finance offering coupon rate of up to 9.1% is open for subscription 💰💰💰. If you plan to invest in this issue, do it early as most good NCD issues are over-subscribed before the end date.
9.10% Shriram Transport Finance NCD – Jan’20 – Should you Invest? Read More »
Budget 2018 along with many changes to tax laws also introduced a new Section 80TTB. According to this Senior citizen can claim tax exemption up to Rs 50,000 on interest income from bank/ post office fixed deposit, recurring deposit or savings account. Also, if a senior citizen opts to take advantage of Section 80TTB, he
Section 80TTB: Senior Citizens can Save Tax on their Interest Income Read More »
