CTC

Budget 2024: Salary components, allowances that can reduce taxpayers’ outgoing tax

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Budget 2024: Salary components, allowances that can reduce taxpayers’ outgoing tax

Income Tax: Salaried employees can benefit from many financial benefits offered to them in the form of allowances to reduce their tax burden. Allowances are offered on a monthly basis and must be claimed when filing an income tax return (ITR). The Centre offers many such allowances, which are part of the salary structure. These … Read more

Lack of product mix variety, failure to leverage GI tag led to tea exports slowdown: Experts

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Lack of product mix variety, failure to leverage GI tag led to tea exports slowdown: Experts

Shortage of product mix variety, high price of CTC brew and failure to leverage geographical indication (GI) tag in the overseas market are among the many reasons that have led to a slowdown in Indian tea exports, traders and planters said on Sunday. In contrast, they felt, Sri Lanka, a major competitor of India in … Read more