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Conveyance Allowance When admissible. – Conveyance allowance is admissible to an employee who is required to travel extensively at or within a… Read More

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Transport Allowance All employees are entitled to Transport Allowance as below: - Pay Level Rate of Transport Allowance… Read More

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Pity our Prime Minister Liz Truss. The choice of Conservative Party members, the lady who wanted a Thatcherite premiership of low taxation and high growth, is now silent. On Wednesday, Octob… Read More

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115BAC of the Income Tax Act In the Union Budget 2020, finance minister, Nirmala Sitharaman introduced Section 115BAC to the Income Tax Act, to provide individual/HUFs with an alternate tax… Read More

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