Hra

Budget 2020: New tax structure gives option to save tax; people can stay in current regime or switch to proposed plan, says revenue secretary

In the new regime, 5 percent tax is levied on an annual income between Rs 2.5 lakh and Rs 5 lakh. The tax rate rises to 10 percent, 15, percent, 20 percent and 25 percent for every Rs 2.5 lakh addition.

Budget 2020: Nirmala Sitharaman bowls a googly on individual taxpayers; calculations made tricky, concessions offered with a rider

Sitharaman has made life difficult for individual taxpayers by making tax calculations complicated.

CPI inflation expected to average 4.4% this fiscal from 3.6% earlier, says report

The factors that are likely to impact inflation number going forward include volatility in the global financial markets, oil prices, MSP pass-through and staggered impact of HRA increases by states.

RBI monetary policy: Central bank marginally revises inflation forecast upwards

Taking in account various factors, RBI revised the CPI inflation for 2018-19 to 4.8-4.9 percent in first half of the fiscal and 4.7 percent in the latter, including the HRA impact for central government employees, with risks tilted to the upside

Got your first pay cheque and found yourself eligible for tax? Here's how you go about paying your dues

The first job is imperative for every individual but as soon as an employee receives the first pay cheque, he is under scanner of the Income Tax Deparment, and becomes a taxpayer.

HRA hike under 7th pay commission impacted CPI inflation by 35 bps: RBI study

The revised HRA structure, under the Seventh Central Pay Commission, came into place in July 2017

Planning to get a home or auto loan? You may soon end up paying more but there’s no reason for major worry

Banks are preparing to cushion their earnings by gradually increasing their lending rates in backdrop of hardening bond yields over past few months

Budget 2018: Citizen's body demands rise in HRA, action against builders misusing GST

A not-for-profit organisation has pitched for stern action against those builders who are "enriching themselves" under the "guise of GST" causing loss to homebuyers

RBI policy: Will 2018 be a no rate cut year? Stage likely set for Modi govt-Urjit Patel face-off

RBI monetary policy document leaves enough clues to believe why the MPC may not be in a hurry anytime soon to cut the rates, perhaps not for another one year

RBI expects retail inflation to range 4.3-4.7% in second half of FY'18

RBI has aimed to achieve a medium-term target of 4 percent for retail inflation (based on consumer price index) with band of plus/minus 2 percent while supporting growth