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Benefits for Retired Employees under Income Tax Law
Posted on Author Synergy Insolvency Professionals LLP
Highlight Higher Basic exemption limit Exemption from tax on amount received as Gratuity, Commuted Pension, Leave Encashment and from Provident Fund Higher deduction for Medical Insurance Premium Higher deduction limit for interest from Banks and Post Office. BENEFITS UNDER DIRECT TAXES FOR RETIRED EMPLOYEES I am retired from service, after serving for 35 years, […]
100 homebuyers’ nod must for IBC against realtor-Supreme Court
Posted on Author Synergy Insolvency Professionals LLP
In a move that will safeguard real estate companies from frivolous litigation, the Supreme Court (SC) has upheld the constitutional validity of the Insolvency and Bankruptcy Code (IBC) amendment that requires at least 100 allottees, or 10 per cent of creditors, to invoke an insolvency petition against a company. A Bench of Justices R F […]



