Chandigarh: In a bid to address the contentious issue of salary deductions and recoveries for physical training instructor (PTI), art and craft teachers, a delegation from the Democratic Teachers ...

Section 80CCD(2) allows tax deduction of up to 14% of basic salary invested in NPS, whilst the old tax regime offers 10%. According to an ET analysis, a salaried individual with Rs 13.7 lakh ...

You don't buy a house for the tax deductions. It's just a nice side benefit. And usually very much appreciated, considering all the extra expenses associated with homeownership. Here are eight tax ...

It includes factors like basic pay, allowances, grade pay, net salary, deductions, etc. The basic pay for RSMSSB Junior Engineer ranges between Rs. 29,100 and Rs 1,04,400. Here is the detailed ...

Regarding the salary deductions, she explained that the issue had been ongoing for some time, saying, “You just collect whatever you see.” She emphasised that no one knows the exact amount of ...

Imagine getting a salary bump, only to find that your tax ... For salaried individuals, once you account for the standard deduction, marginal relief applies to salaries up to ₹13.5 lakh.

the reversal of salary deductions, and the large-scale recruitment of more resident doctors into the hospital. He added that the NEC urged state governors to prioritise the welfare of doctors in ...

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage ...

A woman showed off an engineer's payslip with an R21K tax deduction in a video, which shocked South Africans. The clip went ...

The standard deduction allows taxpayers to reduce taxable income without proof. Introduced in 1974 and abolished in 2005, it was reintroduced in 2018 and increased in subsequent budgets, currently ...

Among the most anticipated measures is an increase in the standard deduction, a tax break that provides relief to salaried individuals. Experts are pushing for a higher standard deduction ...

You can get in touch with Robert by emailing [email protected]. Languages: English. Tax deductions are specific expenses that the IRS allows taxpayers to subtract from their total income.