CGEGIS Table of Benefits from Jan to Mar 2018 Central Government Employees Group Insurance Scheme-1980-Table of Benefits for the saving fund for the period from 01.01.2018 to 31.03.2018 No.7(2)/EV/2016 Government of India Ministry of Finance Department of Expenditure New Delhi, the 27th February, 2018 Office Memorandum Sub: Central Government Employees Group Insurance … [Read more...] about Central Government Employees Group Insurance Scheme-1980 Tables of Benefits for the savings fund for the period from 01.01.2018 to 31.03.2018
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Income Tax - Central Government Employees
Amendments in the income-tax act proposed to notify a new scheme for assessment in electronic mode
Press Information Bureau Government of India Ministry of Finance 01-February-2018 13:20 IST Amendments in the income-tax act proposed to notify a new scheme for assessment in electronic mode. E-assessment to be rolled-out across the country to transform age-old assessment procedure In the General Budget 2018-19 presented in Parliament today, the Union Minister for … [Read more...] about Amendments in the income-tax act proposed to notify a new scheme for assessment in electronic mode
Relief to Senior Citizens: Exemption of Interest Income on deposits increased to Rs 50,000
Ministry of Finance Relief to Senior Citizens: Exemption of Interest Income on deposits increased to Rs 50,000 Pradhan Mantri Vaya Vandana Yojana extended up to March 2020 Existed limit on investment under PMVVY enhanced to Rs 15 lakhs With the objective of providing a dignified life to senior citizens, the Union Minister for Finance and Corporate Affairs, Shri Arun … [Read more...] about Relief to Senior Citizens: Exemption of Interest Income on deposits increased to Rs 50,000
Tax Return Preparer (Amendment) Scheme, 2018
Amendment in Eligibility Qualification, Age, Fee and Remuneration for Tax Return Preparer (TRP) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 19th January, 2018 G.S.R. 44(E). In exercise of the powers conferred by sub-section (1) of Section 139B of the Income-tax Act, 1961 (43 of 1961), the Central Board … [Read more...] about Tax Return Preparer (Amendment) Scheme, 2018
Budget 2018 – Will income tax limit raise to Rs 3 or 5 lakh?
Budget 2018 – Will income tax limit raise to Rs 3 or 5 lakh? “The tax slab is expected to be raised in favour of government employees” According to information available, the annual budget, to be presented by Finance Minister Arun Jaitley on February 1, could have some sops for the middle-class families. Post the Seventh Pay Commission, most government servants now … [Read more...] about Budget 2018 – Will income tax limit raise to Rs 3 or 5 lakh?
Government announced 8% GOI Savings (Taxable) Bonds
Government announced 8% GOI Savings (Taxable) Bonds The Government of India (GoI) announced here today that 8% GOI Savings (Taxable) Bonds, 2003 shall cease for subscription with effect from the close of banking business on Tuesday, the 02nd January, 2018. The Government of India (GoI) announced here today that 8% GOI Savings (Taxable) Bonds, 2003 shall cease for … [Read more...] about Government announced 8% GOI Savings (Taxable) Bonds
No Proposal to Amend Income Tax Rates -Lok Sabha Q&A
Government says No Proposal to Revise Income Tax Rates this year GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION No. 1355 TO BE ANSWERED ON FRIDAY, THE 22ND DECEMBER, 2017 01, PAUSHA, 1939 (SAKA) AMEND INCOME TAX RATES 1355. SHRI DEVENDRA SINGH BHOLE: Will the Minister of FINANCE be pleased to state: (a) whether … [Read more...] about No Proposal to Amend Income Tax Rates -Lok Sabha Q&A
Income Tax : List of Taxable Elements of Pay – PCDA
Income Tax : List of Taxable Elements of Pay - PCDA Pune 1. Taxable Element of Pay - Sl. No. Taxable Elements of Pay 1. Pay in the Pay Band 2. Grade Pay 3. Military Service Pay 4. Dearness Allowance 5. Non-Practicing Allowance (if any) 6. Hazard/Special Hazard Pay 7. Para Allowance / Para Reserve Allowance/Special Commando … [Read more...] about Income Tax : List of Taxable Elements of Pay – PCDA
7th Pay Commission: New allowances to come under income tax
7th Pay Commission: New allowances to come under income tax New Delhi: A Senior Finance Ministry official said income tax will be imposed on the New allowances of central government employees under 7th Pay Commission recommendations from financial year 2017-18. The Finance Bill 2017 proposed tax treatment on basic salary, bonus and allowances etc for both government and … [Read more...] about 7th Pay Commission: New allowances to come under income tax
Income Tax Offices to remain open on Saturday,5th August, 2017 for filing of income tax returns
Income Tax Offices to remain open on Saturday,5th August, 2017 for filing of income tax returns In view of the difficulties faced by taxpayers, the due date for filing of Income Tax Returns for F.Y. 2016-2017 i.e. Assessment Year A.Y. 2017-2018 was extended to 5th August, 2017(for certain categories of taxpayers). In order to facilitate manual filing of returns (of … [Read more...] about Income Tax Offices to remain open on Saturday,5th August, 2017 for filing of income tax returns
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