Chennai Profession Tax Revision – April 2018

The Greater Chennai Corporation, by way of a council resolution dated 11-May-2018, has made changes to Profession Tax. The revised...

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Reduction in PF administrative charges (effective 01-June-2018)

The Ministry of Labour and Employment has reduced the PF administrative charges with effect from 01-June-2018. You can read the...

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Budget FY 2018-19 – Tax on Salary

The Union Budget for FY 2018-19 was tabled in the Parliament by the Finance Minister of India on 01-Feb-2018. Here...

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A mistake in income tax calculator on the tax department site

The income tax calculator on the website of the Income Tax Department is one of the most widely used online...

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TDS on Salary – Circular for FY 2017-18

The Income Tax Department has issued the “TDS on Salary” circular for FY 2017-18. You can take a look at...

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SBI Lending Rates for Loan Perquisite Calculation – 2017-18

State Bank of India (SBI) has published the reference lending rates for the purpose of loan perquisite calculation for the...

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On fake receipts, forged signatures and travelling at the speed of light

April is a relaxed month for payroll folks like us. A much needed quiet period after the hustle and bustle...

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Setting off loss from house property against salary income

In the budget for FY 2017-18, the Government of India introduced a proposal which reduces the extent to which loss...

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Reduction in PF administrative charges

The Ministry of Labour and Employment has reduced the PF administrative charges with effect from 01-Apr-2017. You can read the...

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Budget FY 2017-18 – Tax on Salary

The Union Budget for FY 2017-18 was tabled in the Parliament by the Finance Minister of India on 01-Feb-2017. Here...

Read more