Creating Panic to the Service-Holders: Current Indian Income Tax-Rule

Abstract

People come to the service due to security of minimum needs (Food, Cloths, and Shelter) from the employer. We want to do service for better secured life. In business or other activities, there is no security for basic needs our life. So we come in service leaving other activities, as there are leave, rest and vacation; so people eagerly wait for any permanent service. The central or state governments do not pay sufficient salary so that one can ride in cars and afford other luxuries for sophisticated life. So, the government supplies cars to some responsible employees in the interest of government own self. But in income tax, DA is included in calculation of total income, for which, the total income gets flattered; then his income tax slab goes very high up.

Keywords: Dearness allowance, medical allowance, house rent allowance

Cite this Article

Arunabha Bhaumik. Creating Panic to the Service-Holders: Current Indian Income Tax-Rule. E-Commerce for Future & Trends. 2019; 6(1): 16–20p.