Bengaluru’s metro standing denied: Is Census knowledge key for HRA evaluate?

The Indian Structure recognises Bengaluru, together with Delhi, Mumbai, Kolkata, Pune, Hyderabad, and Chennai, as metro cities. Nevertheless, solely 4 cities—Delhi, Mumbai, Chennai, and Kolkata—qualify for the 50 per cent Home Lease Allowance (HRA) exemption underneath Earnings Tax laws. Bengaluru has lengthy sought to be included on this listing, however the Centre just lately confirmed … Read more

World of Manufacturers set to launch craft beer model in Karnataka

AlcoBev startup World of Manufacturers (WoB) appears to broaden its home market presence and manufacturing set-up because it launches its ready-to-drink craft beer model in Karnataka in July. The corporate just lately additionally tied up with a contract manufacturing unit in Mudhol, a small city in North Karnataka. “That is the third manufacturing plant we’ve … Read more

HR Tech startup InCruiter secures ₹11 million funding

InCruiter, an interview options supplier, has secured ₹11 million in undiluted Income-Based mostly Funding from GetVantage. The Bengaluru-based startup, based in 2018, supplies interview options for companies. The corporate not too long ago launched a brand new product, ‘IncBot’ registered a brand new workplace within the US, onboarded 87 new shoppers final yr. Utilising AI … Read more