Dearness Allowance (DA) is a crucial component of the compensation structure for employees, especially in the context of inflation and rising living costs. It is a mechanism employed by governments and organisations to adjust … READ FULL STORY
In a move that could spur demand and provide some cushion for the economy against the severe beating it has taken, because of the second wave of the Coronavirus pandemic, the government, on July … READ FULL STORY
To meet the high costs of living in rented accommodations, employers pay house rent allowance (HRA) to their employees. India’s income tax laws also provide benefits to people who do not own a house … READ FULL STORY
