Posted by: Pinal Mehta on: December 14, 2010
Tax Deductions A deduction is an item that allows you to take a tax benefit up to the entire amount of the deduction. The good news is that this reduces your taxable income by the amount of the deduction, i.e., by using the deduction you end up paying a lesser amount in taxes. Just as [...]
Posted by: Pinal Mehta on: December 14, 2010
Whether you are joining your first job or changing jobs, it is important to understand the difference between cost to company (CTC) and take home salary. It will help you in negotiate better with the HR and in structuring your salary. One of the most commonly used terms by companies, yet least understood by its [...]
Posted by: Pinal Mehta on: November 15, 2008
The Workmen�s Compensation Act, aims to provide workmen and/or their dependents some relief in case of accidents arising out of and in the course of employment and causing either death or disablement of workmen. It provides for payment by certain classes of employers to their workmen compensation for injury by accident. WHO IS A WORKMAN [...]
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