The recent hike in Dearness Allowance (DA) for certain central government employees under the 6th Pay Commission has sparked considerable interest, as it raises DA from 239% to 246% of the basic salary. This adjustment, effective from July 1, 2024, per the Office Memorandum from the Department of Expenditure, Ministry of Finance, aims to support …
Strategies for Tax Savings for the Financial Year End 2023-24
As the financial year end 2023-24 is approaching, it’s highly important to seize each and every opportunity in order to save on taxes. “A penny saved is a penny earned”, as the saying goes tax planning is a way to save on taxes and boost your income. Even if you are a pro or a …