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Category Archives: Salary

Income Tax Deductions 2018-19

Tax saving investments pending? One month left to beat the taxman!

Just a month for financial year 2018-19 to end. Hope all your tax saving investments are in order by now – if not, no worries, we’ve got you covered. Here’s a quick guide to various tax saving investments you can look at and beat the taxman! Tax Saving Investments FY 2018-19 Salary based reimbursements /…

March 3, 20192 CommentsMutual Funds, Salary, TaxBy Team Walnut

Demystify Salary Slip

A guide to understanding your salary slip and various terms in it

The joy of getting your first salary after a hard month’s work. The difficulty in understanding your salary slip. The confusion when you are comparing the CTC in your offer letter with the take home salary. Has this happened to you? The three most misunderstood terms in this context are CTC, Gross Salary, and Net Salary.…

October 30, 2018Salary, TaxBy Team Walnut

Budget  2016 Highlights

Budget 2016 highlights and how it impacts you

So the much awaited and discussed Union Budget 2016 was presented yesterday. How does it impact you? What has become expensive, what has become cheaper? Read on for key highlights:   1. Income Tax a) No change in income tax slabs and rates. They remain the same as for 2015-16 b) Surcharge on income above Rs 1…

March 1, 20161 CommentBudget, Salary, TaxBy Team Walnut
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