Day: June 3, 2019

Your petrol, diesel expenses can help you save tax in just few clicks: Here’s how

Employers offer various benefits to their employees. The intention of giving these allowances and reimbursement is to reduce taxes which salaried employees pay from their monthly gross income. Most common benefits include leave travel allowance, fuel allowance, mobile and internet allowance, gadget allowances, meal vouchers and gift vouchers, among others. […]

These are new KYC rules for banks

MUMBAI: Banks can use Aadhaar for KYC verification with the customer’s consent, the Reserve Bank said Wednesday as it updated its list of documents eligible for identification of individuals. The RBI specifies Know Your Customer (KYC) norms to be followed by banks and other entities regulated by it for various […]