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Salaries of leaders of the world : Modi,Barack Obama,Angela Merkel,Vladmin Putin,Bill Clinton
How is salary of Indian Prime-minister compared to global leaders of the world? Paycheck India, a website managed by Prof…
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Salary and perks of Indian MP, MLA and Prime Minister
“In the forthcoming 60 months, the country won’t get a labourer like me,” said Narendra Modi after BJP won the…
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Understanding Variable Pay
Not long ago, the concept of Variable Salary hardly existed in India. Today employees, especially at managerial levels, find a…
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HRA Exemption,Calculation,Tax and Income Tax Return
Employees generally receive a house rent allowance (HRA) from their employers. An employee can claim exemption on his HRA under…
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Income Tax for Beginner
Do you have to file your income tax returns for the first time or you are employee and have been…
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Tax on EPF withdrawal
Employee Provident Fund(EPF) scheme was set up to give substantial benefit to the employee at the time of retirement. Under…
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Filling ITR 1-Form
As mentioned in our article Basics of Income Tax Return Different forms are prescribed for filing of returns for different…
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President of India, Salary, Perks and Rashtrapati Bhavan
How much does a President of India earn? One of the major perks of being a President is living in Rashtrapati Bhavan. It takes…
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Understanding Form 12BA
For person earning income from Salary , documents Form 16, and Form12BA are provided by employer which has details about…
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Understanding Form 16: Tax on income
In our earlier article Understanding Form 16: Part I and Understanding Form 16: Chapter VI-A Deductions we had found the Employee’s taxable income after…
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Basics of Tax Deducted at Source or TDS
Tax Deducted at Source or TDS is one of the modes of collection of taxes from the people in India. This…
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