Articles for tag: allowances, salary structure, tax benefits

Rajiv Sharma

No tax even with a salary of 17 lakhs!

No tax even with a salary of 17 lakhs!

The Income Tax Department offers various allowances that can provide significant tax benefits to individuals. Understanding how to optimize your salary structure by incorporating these allowances is essential for minimizing taxable income and maximizing take-home pay. This article delves into the various types of allowances available, their tax benefits, and how to effectively integrate them ...

Rajiv Sharma

Market Outlook: Budget Day Volatility, Forecast for February 3

Market Outlook: Budget Day Volatility, Forecast for February 3

The market has exhibited considerable volatility during the budget session, reflecting investor sentiment and economic forecasts. The Nifty index, a benchmark for Indian equities, has shown mixed signals as stakeholders assess the implications of the government’s financial plans. This article delves into the current state of the market, key support levels, and potential future trends. ...