GeneralInfo – Page 164

February 9, 2011Financial

Indian Leave Salary/Encashment Tax Exemption Calculator

Refer to the excel calculator sheet LeaveEncashment-Tax-Exemption-Calculator. FTR, 10(10AA) MADRAS HC judgement. Quick tabular for your reference is below: No of Days Leave Encashed 25 Leave Encashment Received (amount in INR) 100,000 Basic at time of Resignation or Retirement (last 9 months) 37,000 9 333,000 Basic in Last December (one month) 37,000 1 37,000 370,000 Calculation of Leave Encashment Exempted (1) Leave Encashment (in INR) 100,000 (2) Statutory Limit 300,000 (3) Average 10 mths basic 370,000 37,000 (one month) (4) Cash equivalent of 30 days salary for every completed year of service 30,833 (Average Basic * No Of Completed Yrs […]

January 30, 2011Self Management, Travel

Planning trip to Tirupati

Reach Tirupati by Train: Decide number of passengers and have tickets booked online as detailed in Booking Indian Railway Tickets Online via NetBanking. Do NOT ever plan for return journey without reservations on Weekends (i.e., Saturdays and Sundays) because there would be great rush for general booking If you are planning sudden chose the non-regular trains (like AP SAMPAR KRANTHI, Special Trains). In AP SAMPAR KRANTHI, in fact general booking also gets seats as it runs in Day time and starts form Delhi, very less people know about it and/or prefer it. In case of any Emergency/Problems in Tirumala, you […]

January 25, 2011Self Management

Booking Indian Railway Tickets Online via NetBanking

Here is a simply quick way to book your Indian Railway tickets online. You can pay the bill by NetBanking, Debit or Credit cards. Enter your major start and destination locations here of your journey to get all the available trains in that route. In the Results select the train that matches your schedule and budget and then click on “Get Availability” If there are seats available, login to IRCTC and book the tickets. Online booking is available only during “Indian Standard Time 0.30 and 23.30 Hours” Select the train you want to travel and enter the passengers particulars Select […]