This is how RBI's extension of loan holiday will impact your EMI schedule and total outgo on the loan amount.
If a pay-cut is not reflected in the components of your salary, you may still be taxed on your original CTC.
If your EPF account is not KYC compliant, then the EPFO can reject the request raised by you and ask you to first make your account KYC compliant.
Investment in Tier-I account of NPS via your employer allows you to claim a deduction from your gross total income under the Income-tax Act even under the new lower tax regime. Here's all you need to know about it.
An appointment letter would provide a sort of documentary evidence and would help them claim their rights and benefits due to employees. An employer would be required to mention details such as salary, working hours etc. in the appointment letter.
The new rates have come into effect from May 14, 2020, and will remain effective till March 31, 2021, i.e., till the end of the financial year 2020-21, the finance minister Nirmala Sitharaman said in her press briefing.
Centre has reduced both employer and employee contribution in the EPF account as a Covid-19 measure.
A reduction in TDS, TCS rates does not mean reduction in the tax liability of the receivers of these payments/incomes.
The SBI 'WECARE' Senior Citizens' Term Deposit scheme has been launched to provide a higher interest rate to senior citizens in the current falling interest rate scenario as this category of investors are usually dependent on interest income.
Given below are five reasons why your EPF withdrawal claim can get rejected by the EPFO and what you should do to avoid the rejection of a claim.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon