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Archive: 22 November 2018

Posts in 22 November 2018

MSME Samadhaan- A Welcome Initiative for Sector towards Ease of Doing Business

November 22, 2018 2727 Views 6 comments Print

Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy. It has not only played crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. A nation we think can be built by participation and equitable distribution of wealth only.

House Rent Allowance (HRA) Exemption

November 22, 2018 7188 Views 0 comment Print

House Rent Allowance exemption under section 10(13A) is allowed if Salaried individuals getting House Rent Allowance as part of salary and full fill below two conditions: He has taken a residential accommodation in which he resides on rent. He has not occupied such property in which he resides.

Cheat Day- A Crying Need of our Professional Lifestyle

November 22, 2018 3171 Views 6 comments Print

Relax! I’m not asking you to cheat on someone else but to cheat on your own self. Just cheat on your worries, work pressures, anxiety, frustration, depression, strict routine, negative mood and attitude, lower tolerances, behavioral changes and cheat on everything that is counting on your health to decline. The 24*7 lifestyle is causing serious […]

Gratuity – Exemption and Tax liability

November 22, 2018 12570 Views 3 comments Print

Gratuity is a monetary benefit given by employer to his employee after rendering a service of minimum of 5 years or more in his establishment. Gratuity act applies where 10 or more persons are employed or were employed on any day of the preceding 12 months.

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