Section 80GG, a special provision under Chapter VI-A of the Income Tax Act, 1961, offers significant tax relief to individuals who pay rent but do not receive House Rent Allowance (HRA) from their employer. This deduction applies to both salaried and self-employed professionals, enabling them to claim financial relief on rental expenses. To qualify, individuals […]
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Rehabilitation and resettlement committee at project level (1) Where land proposed to be acquired is equal to or more than one hundred acres, the appropriate Government shall constitute a Committee under the chairmanship of the Collector to be called the Rehabilitation and Resettlement Committee, to monitor and review the progress of implementation of the Rehabilitation
A charitable Trust is a legal entity that can be set up by any individual or group of individuals to carry out charitable activities. The main objective of setting up such an entity is to provide the donor with tax benefits and also to avoid paying income tax on donations received from donors. When a
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Commissioner for rehabilitation and resettlement (1) The State Government shall appoint an officer of the rank of Commissioner or Secretary of that Government for rehabilitation and resettlement of affected families under this Act, to be called the Commissioner for Rehabilitation and Resettlement. (2) The Commissioner shall be responsible for supervising the formulation of rehabilitation and
LTA full form is Leave Travel Allowance and it is a form of stipend given by an employer to an employee who is on leave from work to fund his or her travel expenses. LTA is an integral part of an employee’s compensation and it is deductible from payroll tax under the Income Tax Act of 1961.
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Appointment of Administrator (1) Where the appropriate Government is satisfied that there is likely to be involuntary displacement of persons due to acquisition of land, then, the State Government shall, by notification, appoint in respect of that project, an officer not below the rank of Joint Collector or Additional Collector or Deputy Collector or equivalent
A Jal Hauj scheme under the Agriculture Department of Rajasthan Provides the benefit of subsidy on Jal Hauj. According to this scheme, farmers have to construct a Jal Hauj on the elevated part of their land. Which can be filled with borewell water overnight and in the morning crops can be irrigated with the water
Reservation and other benefits (1) All benefits, including the reservation benefits available to the Scheduled Tribes and the Scheduled Castes in the affected areas shall continue in the resettlement area. (2) Whenever the affected families belonging to the Scheduled Tribes who are residing in the Scheduled Areas referred to in the Fifth Schedule or the
Retention marketing isn’t a new strategy, but it’s definitely one that deserves a bit more love and attention. It’s the spirit behind the notion that it’s more valuable to have 10 brand fanatics rather than 100 loosey-goosey customers. The 100 flaky customers might all make a purchase once in a lifetime, but your brand loyalists
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The E-Grantz scholarship is a financial aid program to support student’s education. It offers scholarships to deserving candidates based on various criteria such as academic merit, financial need, and community involvement. Applicants need to complete an online application form before the E-Grantz scholarship last date and provide supporting documents. Recipients may receive funds for covering
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