STI NEWS;"DA Rate increased by 7 percent approved by cabinet"plus 2 more

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• DA Rate increased by 7 percent approved by cabinet
• Petrol prices up by 3.14 per Litre from Friday midnight
• HRA CALCULATION HRA BENEFIT HRA EXEMPTION HOUSE RENT ALLOWANCE

DA Rate increased by 7 percent approved by cabinet Posted: 15 Sep 2011 09:02 AM PDT Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to pensioners The Union Cabinet today approved release of additional instalment of Dearness Allowance to Central Government employees and... ...... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Petrol prices up by 3.14 per Litre from Friday midnight Posted: 15 Sep 2011 09:00 AM PDT Hindustan Petroleum Corp Ltd, Bharat Petroleum Corp Ltd and Indian Oil Corp, which dominate fuel retailing in India, said they will increase their petrol prices by 3.14 rupees per litre. The overall inflationary impact of the price increase is... ...... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

HRA CALCULATION HRA BENEFIT HRA EXEMPTION HOUSE RENT ALLOWANCE Posted: 15 Sep 2011 09:15 AM PDT House rent allowance or HRA is a core component of one's salary. It is given to every salaried employee towards meeting the cost of renting of house in the city of work. HRA gets special treatment in tax liability calculations and is exempt from income tax to a certain limit. When you are calculating HRA for tax exemption you take into consideration four aspects, which include: salary, HRA [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

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