STI NEWS;"A Gratuity Exemption Calculator For You !"plus 2 more

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STI NEWS;"A Gratuity Exemption Calculator For You !"plus 2 more

A Gratuity Exemption Calculator For You !

Posted: 30 Apr 2011 09:11 PM PDT


Section 10(10) of the Income Tax Act lays down the quantum of exemption granted on the amount of gratuity received by a tax payer from his /her employer. The provision differentiate among three broad category of employees. While the gratuity received by central and state government is fully exempt if it is received on death [...] A Gratuity Exemption Calculator For You ! is a post from:...

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New Infosys Chairman : KV Kamath

Posted: 30 Apr 2011 08:58 AM PDT


The board of directors of Infosys today selected independent director KV Kamath as the new chairman of Infosys Technologies. He will replace Infosys founder and current chairman NR Narayana Murthy who will retire on August 20 after completing 65 years of age. This will be the first time when Infosys will be led by an outsider.Mr Kamath is a well known figure among India Inc. He was the CEO...

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An HRA Exemption Calculator For You !

Posted: 30 Apr 2011 12:06 AM PDT


House rent allowance received by an employee is exempt as per the calculation prescribed under Income Tax Rule 2A which fixes exemption to the least of following Excess of rent paid over 10% of salary due for the relevant period or if the house is in Mumbai,Kolkata,Delhi or Chennai- 50% of salary and to any [...] An HRA Exemption Calculator For You ! is a post from: taxworry.comRelated...

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