
8th Pay Commission fitment factor demands spark hopes of a major salary rise, with proposals from 3.0 to 4.0 set to reshape pensions, allowances and minimum basic pay.
Salaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perquisites. The new rules for Tax Year 2026-27 allow for tax-free benefits on items like meal coupons and gadget reimburseme…