Finance & Money#Tag
How Much Home Loan Can I Get – Salary India?
Home loan eligibility is 60 times net monthly salary. Wife/parent as co-applicant. Credit card balance deducted. Bank finances 90% of Cost.
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Increase In-hand Salary without changing CTC in India?
Increase in hand salary without changing CTC in India by claiming HRA, home loan, conveyance, medical, LTA, investment tax rebates. Cut income tax.
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EPF vs PPF Vs VPF – CTC and Salary Slip
Compare Employer Provident Fund (EPF) vs PPF (Public Provident Fund) vs VPF (Voluntary Provident Fund). EPF, VPF @12% of basic. Open all EPF+VPF and PPF.
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LTA – Leave Travel Allowance, Income Tax Rules Explained
LTA is leave travel allowance meant for making tax exempt holiday once in period of two years with or without family. Air travel, train ticket cost (economy or first class AC), hotel and taxi bills within India (no abroad) are allowed. Full LTA that is part of CTC can be claimed with receipts.
#Finance & Money HRA Tax – Pay Rent to Wife?
Yes, you can pay rent to wife or parents to claim Indian HRA (House Rent Allowance) tax exemption. Paid rent is counted as spouse or parent income. File ITR.
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What is CTC? Difference between CTC Package & Net Salary?
CTC full form is Cost To Company. It means total salary package & benefits received by employee in a year including free meals, cabs, interest free loans.
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