PFRDA will soon approach Finance Ministry seeking tax exemption for withdrawals under the National Pension System (NPS), Pension regulator to pitch for tax break on NPS withdrawals Pension regulator PFRDA will soon approach Finance Ministry seeking tax exemption for withdrawals under the National Pension System (NPS), its Chairman Hemant G Contractor has … [Read more...] about Tax exemption for withdrawals under the National Pension System (NPS)
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Income Tax - Central Government Employees
“Pay Taxes with Fine” – Notice to Government Employees
“Pay Taxes with Fine” – Notice to Government Employees Since the amount deducted from the government employees was not transferred to the Income Tax department properly, the government has now sent notices to employees to pay income taxes with penalty. Not surprisingly, the government employees are not happy about it. Employees with annual salary of more than Rs. 2 lakhs … [Read more...] about “Pay Taxes with Fine” – Notice to Government Employees
Income Tax Officers are not too happy with new promotion rule
Income Tax Officers are not too happy with new promotion rule IT officers not too happy with new promotion rule: The Hindu Business Line New Delhi, September 4: Better days are ahead for income tax officials, as the Government will soon notify amendments in the recruitment rules. This will facilitate promotions and direct recruitment, as approved under the cadre … [Read more...] about Income Tax Officers are not too happy with new promotion rule
Granting Interim Relief/Merger of DA, LTC by Air and Exemption of Income Tax – Negation of the promises
Granting Interim Relief/Merger of DA, LTC by Air and Exemption of Income Tax - Negation of the promises Negation of the promises Top leaders of the present Central Government had showered promises to the working class, especially the Central Government Employees during General Election. The promises including exemption of Income Tax limit up to 5 lakhs and many other … [Read more...] about Granting Interim Relief/Merger of DA, LTC by Air and Exemption of Income Tax – Negation of the promises
Important points of 7CPC was held at Bangalore meeting on 24th August 2014
Important points of 7CPC was held at Bangalore meeting on 24th August 2014 Confederation of Central Government Employees and Workers Karnataka State The meeting with CHAIRMAN AND MEMBERS of 7th Central Pay Commission was held at Bangalore 0n 24th August 2014 for about 50 minutes. Overall the meeting was on positive note. The following members of COC Karnataka … [Read more...] about Important points of 7CPC was held at Bangalore meeting on 24th August 2014
CBDT Instructions regarding maintenance of cleanliness, punctuality in the offices of the Income Tax Department
CBDT Instructions regarding maintenance of cleanliness, punctuality in the offices of the Income Tax Department F.No. Dir(Hqrs.)/Ch(DT)/25(10)/ 2014 /774 Government of India Ministry of Finance Department in Revenue (Central Board of Direct Taxes ) North Block, New Delhi, Dated the 21st August, 2014. OFFICE MEMORANDUM Subject: Instructions regarding maintenance of … [Read more...] about CBDT Instructions regarding maintenance of cleanliness, punctuality in the offices of the Income Tax Department
Extension of last date for filing of Income Tax Returns – Extended upto 5th August
Extension of last date for filing of Income Tax Returns – Extended upto 5th August Last date for filing of Income Tax Returns extended to August 5 The government on Wednesday extended the last date for filing of income tax returns by five days to August 5. The due date,which was July 31,has been extended in wake of “unprecedented surge” in number of I-T returns being … [Read more...] about Extension of last date for filing of Income Tax Returns – Extended upto 5th August
July 31 is the Last Date to File the Income Tax Returns
July 31 is the Last Date to File the Income Tax Returns July 31 is the last date to file the tax returns for individuals. Here are some information that might be useful for filing tax returns: • Should those with income below the taxable limits also file the tax returns? Individuals with separate income and Pan card need not file tax returns. But, it is better if they do it. … [Read more...] about July 31 is the Last Date to File the Income Tax Returns
Income Tax Structure further needs to simplified – Ms. Nirmala Sitharaman
Income Tax Structure further needs to simplified - Ms. Nirmala Sitharaman Ms. Nirmala Sitharaman, Minister of State for Finance said that tax structure needs to be further simplified so that it is easy for tax payers to comply and pay off the tax due from them. She said that the citizens want to become lawful compliant rather than tax evaders. Ms Sitharaman was delivering … [Read more...] about Income Tax Structure further needs to simplified – Ms. Nirmala Sitharaman
Special Arrangements Made for Accepting Returns of Income; Offices to Remain Open on 26th July and 27th July
Press Information Bureau Government of India Ministry of Finance 24-July-2014 12:33 IST Special Arrangements Made for Accepting Returns of Income; Offices to Remain Open on 26th July and 27th July, 2014, Being Saturday and Sunday, for Accepting the Returns During Normal Office Hours For the convenience of the taxpayers, the Income Tax Department has decided to … [Read more...] about Special Arrangements Made for Accepting Returns of Income; Offices to Remain Open on 26th July and 27th July
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