15% Salary Deduction for Neglecting Parents

– Advertisement – Telangana Passes Law to Cut Salaries of Employees Neglecting Parents Now the Telangana government has a new plan to help senior citizens. Specifically, the state assembly just passed a very strong law. In fact, it is the Employees Accountability and Monitoring of Parental Support Bill, 2026. Therefore, workers who do not care […]

Income Tax Update: Govt Raises Standard Deduction to ₹75,000 Under New Regime

– Advertisement – The government has amended the Income Tax Act, 1961 to clarify the position regarding the standard deduction of Rs 75,000 in the new regime. The government had announced in the Union Budget 2024 to increase the standard deduction from Rs 50,000 to Rs 75,000 in the new regime. This clarification has also […]