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How To Calculate HRA in Salary

Per the Income Tax Act 1961 provisions, a section of the HRA received is exempt from taxation, while the remaining is considered taxable income....

Salary Certificate Format: Formatting Tips, Download Word Template

A salary certificate is a record that confirms a person's salary and employment information. In this blog, we are able to discuss the salary...

What is a Salary Slip or Payslip?

A salary slip is an important financial record that employees get from this company. It acts as the employment of proof. It will show...

What is Travel Allowance in Salary Slip?

Travel Allowance is an allowance an organization or organization gives to employees to cover the cost of their traveling from their residence to their...

What is Conveyance Allowance in Salary Slip: Definition, Limit and Calculation

Conveyance allowance, referred to as Transport Allowance, is a kind of allowance provided by a company or organization to the employees to assist with...

What is Housing Rent Allowance (HRA) in Salary Slip?

Are you a renter in India? Do you want to maximize your Housing Rent Allowance (HRA)? Understanding how it works, its eligibility standards, calculation,...

What is the Dearness Allowance in Salary Slip? Types of Dearness Allowance

Dearness Allowance Meaning is an allowance given to employees by the government or helps employers with the increasing value of living due to inflation....