Pay Matrix Recommended by 7th CPC is not final and subject to change – Federation Sources The Constituent Unions of NCJCM has called for three days’ agitation Programme from 19-1-2016 to 21-1-2016 to draw the attention of central government to settle the Modified charter of demands. Recently they demanded the government to constitute an empowered Committee to settle their … [Read more...] about 7th CPC Pay Matrix Table is not final and subject to change – Federation Sources
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Government may defer implementation of pay commission award
Government may defer implementation of pay commission award The government is likely to defer of the 7th Pay Commission award in a bid to improve financial resource crunch estimated for 2016-17. The Union Cabinet approved last week the formation of an empowered committee of secretaries to work out ways for staggering the award through more than one financial … [Read more...] about Government may defer implementation of pay commission award
Income Tax Calculation for Interest on Housing Loan and Deduction u/s 80C with illustration
Income Tax Calculation for Interest on Housing Loan and Deduction u/s 80C with illustration One Computation of Taxable Salary and allowances, Deduction for Interest on Housing Loan and Deduction u/s 80C. Mr. X, a Central Govt. Officers in Delhi, is receiving Basic Pay Rs.23,720, grade Pay Rs.7,600, DA at prescribed rates, transport allowances @ Rs.3200+DA … [Read more...] about Income Tax Calculation for Interest on Housing Loan and Deduction u/s 80C with illustration
Ex-servicemen stage protest outside Jaitley residence for changing OROP scheme
Ex-servicemen stage protest outside Jaitley residence for changing OROP scheme New Delhi: Ex-servicemen seeking changes in the government’s One Rank One Pension (OROP) scheme today staged a protest outside the official residence of Finance Minister Arun Jaitley here, alleging that he failed to respond to concerns raised by them during an earlier meeting. This is the … [Read more...] about Ex-servicemen stage protest outside Jaitley residence for changing OROP scheme
Rates of Income Tax as per Finance Act, 2015 – Financial Year 2015-16(AY 2016/17)
Rates of Income Tax as per Finance Act, 2015 – Financial Year 2015-16(AY 2016/17) RATES OF INCOME-TAX AS PER FINANCE ACT, 2015: As per the Finance Act, 2015, income-tax is required to be deducted under Section 192 of the Act from income chargeable under the head “Salaries” for the financial year 2015-16 (i.e. Assessment Year 2016-17) at the following rates: Rates of tax : … [Read more...] about Rates of Income Tax as per Finance Act, 2015 – Financial Year 2015-16(AY 2016/17)
Expected DA Calculation – Fitment Factor of 7th CPC
Expected DA Calculation will play vital role in determining Fitment Factor of 7th CPC Expected DA from January 2016 likely to change the Fitment Factor of 7th CPC At the end of the Sixth CPC Regime all the Central Government servants are at the verge of receiving their last installment of Dearness Allowance in Sixth Pay Commission. Almost the DA from January 2016 will be … [Read more...] about Expected DA Calculation – Fitment Factor of 7th CPC
Implementation of digital signed pension revision authorities in all banks – CPAO Orders on 11.1.2016
Implementation of digital signed pension revision authorities in all banks. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE CENTRAL PENSION ACCOUNTING OFFICE TRIKOOT-II, BHIKAJI CAMA PLACE, NEW DELHI-110066 PHONES : 26174596, 26174456, 26174438 CPAO/Tech/e-PPO/2015-16/719 Dated 11/01/2016 Office Memorandum Subject: Implementation of digital … [Read more...] about Implementation of digital signed pension revision authorities in all banks – CPAO Orders on 11.1.2016
Issue of IT Refunds of Smaller Amounts
Issue of IT Refunds of Smaller Amounts In an initiative to reduce taxpayer grievances and enhance the taxpayer satisfaction, the Central Board of Direct Taxes had issued instructions to Central Processing Center (CPC), Bengaluru and the field officers in December, 2015 to issue refunds of amounts less than Rs.50,000/- expeditiously. As a result of the special drive to … [Read more...] about Issue of IT Refunds of Smaller Amounts
One Rank One Pension – UFESM writes to Members of Parliament
OROP – UFESM WRITES TO MEMBERS OF PARLIAMENT Dear Veterans, Letter to Members of Parliament regarding One Rank One Pension (OROP) dated 11 Jan 2016 is enclosed herewith for your information and widest circulation please. With Regards Maj Gen Satbir Singh, SM (Retd) Advisor United Front of ESM & Chairman IESM UNITED FRONT OF EX –SERVICEMEN (UFESM) ONE … [Read more...] about One Rank One Pension – UFESM writes to Members of Parliament
Dopt published Executive Assistant Scheme in Central Secretariat on 13.1.2016
Dopt published the proposed ‘Executive Assistant Scheme’ in Central Secretariat on 13.1.2016 and expect comments from stakeholders. Introduction of Executive Assistant Scheme in the Central Secretariat regarding G.I., Dept. of Per. & Trg., O.M.No.7/1/2010-CS.I(P), 13.1.2016 Introduction of Executive Assistant Scheme in the Central Secretariat … [Read more...] about Dopt published Executive Assistant Scheme in Central Secretariat on 13.1.2016
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