Chargeability of Interest on self-assessment tax paid before the due date of filing of return of income Circular 2/2015 F. No. 385/ 03 /2015-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (CBDT) North Block, New Delhi 10th February, 2015 Subiect: Chargeability of Interest under Section 234A of the Income-tax Act, … [Read more...] about Chargeability of Interest on self-assessment tax paid before the due date of filing of return of income
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IT Exemption - Income Tax Exemption - CENTRAL GOVERNMENT EMPLOYEES NEWS
Budget 2015 India: Wish List of Salaried Employees on Income Tax
Budget 2015 India: Wish List of Salaried Employees on Income Tax Budget 2015 may be yet another one, but financial comfort and rising hopes on growing Indian Economy, may provide room for the finance minister Mr. Arun Jaitley to announce more exemptions or reliefs in the income tax front in this Budget. More than additional exemptions these measures can be called as updating … [Read more...] about Budget 2015 India: Wish List of Salaried Employees on Income Tax
Proposal to discontinue exemption of Rs. 1.5 lakh available for Savings under Section 80C
Proposal to discontinue exemption of Rs. 1.5 lakh available for Savings under Section 80C It is learnt that Finance Ministry is considering to put up a proposal for discontinuing Exemption of Rs. 1.5 lakh presently available under Section 80C for Savings and Insurnace such as premium paid, investment in NSS, Mutual funds, Pension funds etc. Alternatively, the basic income … [Read more...] about Proposal to discontinue exemption of Rs. 1.5 lakh available for Savings under Section 80C
Expected Potential Relief in Income Tax – 10% Tax on 3 to 10 Lakh
Income Tax Exemption Limit can be increased upto Rs 3 Lac Finance minister Arun Jaitley may announce during the Budget The Modi government may declare a raise in the Income Tax Exemption limit from the current 2.5 lacs to 3 lacs. Finance Minister Arun Jaitley may announce an increase in the Income Tax Exemption limit to 3 lacs in the 2015-16 budget meeting, which will … [Read more...] about Expected Potential Relief in Income Tax – 10% Tax on 3 to 10 Lakh
Launch of scheme for Girl Child named “Sukanya Samridhhi Account” by Hon’ble Prime Minister
Launch of scheme for Girl Child named "Sukanya Samridhhi Account" by Hon'ble Prime Minister When Prime Minister Narendra Modi will launch 'Beti Bachao Beti Padhao' campaign at Panipat on January 22, he would also introduce an ambitious scheme 'Sukanya Samruddhi Account' to make girls financially empowered. Modeled on the pattern of small savings schemes of the government, … [Read more...] about Launch of scheme for Girl Child named “Sukanya Samridhhi Account” by Hon’ble Prime Minister
INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15
INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15 CIRCULAR NO : 17/2014 F.No. 275/192/2014-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** North Block, New Delhi Dated 10th December, 2014 SUBJECT: INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15 UNDER SECTION 192 OF THE … [Read more...] about INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15
Arun Jaitley Against High Income Tax Rate to Raise Revenues
Arun Jaitley Against High Income Tax Rate to Raise Revenues By PTI NEW DELHI: Ahead of the budget, Finance Minister Arun Jaitley today said the NDA government is not in favour of high taxation, instead it would want to leave more money in the hands of consumers to fuel demand and growth. The minister also pledged to make the budgetary process more transparent so as to … [Read more...] about Arun Jaitley Against High Income Tax Rate to Raise Revenues
CGEGIS 1980 : Annual report including CGEGIS subscribers for the year 2014
Central Government Employees Group Insurance Scheme 1980: Annual Report for the year 2015 OFFICE OF THE CONTROLLER GENERAL OF DEFENCE ACCOUNTS, ULAN BATAR ROAD, PALAM, DELHI CANTT. -110010 Tel: 011-25665548, 25665583/84, 25665736/37, Jt. CGDA (A&B) Tel-25674789 Fax: 011-23674786, 25674789 SPEED POST No. A/III/14500/CGEGIS/REP/2015 Dated: … [Read more...] about CGEGIS 1980 : Annual report including CGEGIS subscribers for the year 2014
Income Limit for SC/ST for Availing Facilities
Income Limit for SC/ST for Availing Facilities The income limits of the parents/Guardians of students belonging to Scheduled Castes (SC), from all sources, for scholarship schemes are as under: S.No. Name of the Scheme Income Limit (Rs. In Lakh) 1. Pre-Matric Scholarship for SC students studying in class IX & X 2.00 2. Post-Matric Scholarship for SC … [Read more...] about Income Limit for SC/ST for Availing Facilities
INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15
INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15 CIRCULAR NO : 17/2014 F.No. 275/192/2014-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** North Block, New Delhi Dated 10th December, 2014 SUBJECT: INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15 UNDER SECTION 192 OF THE … [Read more...] about INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15
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