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
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Aspirations of Pensioners regarding National Budget for 2015-16-Bharat Pensioners Samaj
Aspirations of Pensioners regarding National Budget for 2015-16-Bharat Pensioners Samaj No BPS/SG/FM/014/1 Dated 01.12.2014 Hon’ble Shri Arun Jaitley ji, Union Minister of Finance, Govt. of India, 134 North Block, New Delhi – 110001 Respected Sir, Subject: Aspirations of Pensioners regarding National Budget for 2015-16 With hearty seasons’ Greetings, Bharat … [Read more...] about Aspirations of Pensioners regarding National Budget for 2015-16-Bharat Pensioners Samaj
Upgradation of Salary Web portal with UBI
Upgradation of Salary Web portal with UBI Upgradation of Salary Web portal with UBI Kendriya Vidyalaya Sangathan (HQ) 18, Institutional Area, SJS marg New Delhi - 110016 Personal Attention Last date 28th March, 2014 F. No.110222-3/2009/KVS (HQ)/Accounts/88 Dated: 27.02.14 The Dy. Commissioner All Regional Offices and ZIETs Sub: - Upgradation of … [Read more...] about Upgradation of Salary Web portal with UBI
Amendment in Income Tax Act at a Glance: Explanatory notes to the Provisions of the Finance Act, 2013
Amendment in Income Tax Act at a Glance: Explanatory notes to the Provisions of the Finance Act, 2013 CIRCULAR NO.03/2014 F. No. 142/24/2013-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ******* Dated, the 24th January, 2013 EXPLANATORY NOTES TO THE PROVISIONS OF THE FINANCE ACT, 2013 CIRCULAR INCOME-TAX … [Read more...] about Amendment in Income Tax Act at a Glance: Explanatory notes to the Provisions of the Finance Act, 2013
Income-Tax Deduction from Salaries during the Financial Year 2013-14: IT Circular No. 08/2013 Part-I
Income-Tax Deduction from Salaries during the Financial Year 2013-14: IT Circular No. 08/2013 Part-I CIRCULAR NO : 08 /2013 F.No. 275/192/2013-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, dated the 10th October, 2013 SUBJECT: INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2013-14 UNDER … [Read more...] about Income-Tax Deduction from Salaries during the Financial Year 2013-14: IT Circular No. 08/2013 Part-I
New rules of filing tax returns
New rules of filing tax returns The tax authorities have introduced several new guidelines for filing returns this year. Find out how these changes are likely to impact you. First they made it compulsory for businesses to e-file their tax returns. Then they made it mandatory for taxpayers with incomes of over 10 lakh to take the online route. This year, the income tax … [Read more...] about New rules of filing tax returns
Government urges all tax Payers to pay Appropriate taxes and to disclose their True income within the Current Financial Year…
Government urges all tax Payers to pay Appropriate taxes and to disclose their True income within the Current Financial Year... A Compliance Management Cell has been set-up to Ensure Follow-up Action and Track Return Filing and Tax Payment of the Target Segment; 70,000 Letters are being sent in 2 Batches to High Priority Cases in this Month The Union Finance Minister Shri … [Read more...] about Government urges all tax Payers to pay Appropriate taxes and to disclose their True income within the Current Financial Year…
Income Tax Refund : Interest on Income Tax refund amount due to delay
Income Tax Refund : Interest on Income Tax refund amount due to delay The below information was said in a written reply to a question about interest paid on income tax refund amount due to delay in Lok Sabha by the Minister of State for Finance Shri.S.S.Palanimanickam on 1st March, 2013 as follows… The Income Tax Act 1961, stipulates that refund to a taxpayer shall … [Read more...] about Income Tax Refund : Interest on Income Tax refund amount due to delay
Union Budget Summary 2013
Union Budget Summary 2013 The Union Budget for 2013-14 aims at ‘higher growth leading to inclusive and sustainable development.’ With this as mool mantra, the Finance Minister Shri P Chidambaram has sought to increase allocation to key areas and provide incentives for investments and savings while containing the fiscal deficit to 4.8% of GDP. Presenting the Union Budget … [Read more...] about Union Budget Summary 2013
All tax payers to disclose their true income and pay appropriate taxes within the current financial year-Finance Minister
All tax payers to disclose their true income and pay appropriate taxes within the current financial year-Finance Minister Government Once again urges all Tax Payers to Disclose their true income and pay Appropriate Taxes within the Current Financial Year; Nodal Cell set up to Capture the Response and take Follow-up Action; an Online Monitoring System to Ensure Follow-up … [Read more...] about All tax payers to disclose their true income and pay appropriate taxes within the current financial year-Finance Minister
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