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LTA, usually a component of your salary, covers the expenses of your travel during vacation. The cost incurred for family members who travel with an employees is also allowed as exemption. To claim LTA, the employee typically needs to submit documentary evidence of the incurred travel expenditure to the employers within specific deadlines. ....
Pick hybrid funds now for tax efficiency; indexation plus special tax rate make these better than debt funds financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The government on Wednesday eased FDI norms and permitted 100 per cent overseas investment in making components for satellites, as part of efforts to attract overseas players and private companies into the segment. ....
The new duty rates, effective from Tuesday, have been notified by the finance ministry. India has agreed to bring down the import duty to 5-10 per cent on some fresh and processed food items as part of a larger dispute settlement between New Delhi and Washington at the WTO ....