Finance

Tax Concept: Definition & Types of Taxation in India

Tax Concept: Definition & Types of Taxation in India

It does not matter where we live, we need to pay taxes to the local authorities. It is essential for the government to collect taxes from the residents to run the nation in a responsible manner. One can gather taxes from various types of channels these days. This consists of federal and state government taxes, … Read more

What is Dearness Allowance: Calculation, Challenges and Types! 

Dearness Allowance

We know DA or Dearness Allowance is one of the most important components. Every single employee gets their basic salaries according to their respective services and pay scales. Besides this, there are some more components that are also added to the basic salary as a cost-of-living adjustment as well. Dearness Allowance or DA is one … Read more