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

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

Mayawati requests Centre, states to waive school fees of children

Mayawati requests Centre, states to waive school fees of children

LUCKNOW: Bahujan Samaj Party (BSP) supremo Mayawati urged the central and state governments on Saturday to cut down their “royal” expenses and waive the school fees of children in the larger public interest. In a Hindi tweet, she said, “Following the coronavirus-induced lockdown, crores of people, who are already facing unemployment and an unprecedented crisis, … Read more