7th Pay Commission Recommendation may be implemented from April 2016 A news item published in tkbsen.in said that central government may implement 7th pay commission recommendation from April 2016. Recently,The Finance Minister in his pre budget speech has said “The 7th Pay Commission impact may have to be absorbed in 2016-17.” This is for the reason the Sen Times … [Read more...] about 7th Pay Commission Recommendation may be implemented from April 2016
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BUDGET 2015
Rates for deduction of income-tax at source from “Salaries”, computation of “advance tax” and charging of income-tax in special cases during the financial year 2015-2016.
Rates for deduction of income-tax at source from “Salaries”, computation of “advance tax” and charging of income-tax in special cases during the financial year 2015-2016. The rates for deduction of income-tax at source from “Salaries” during the financial year 2015-2016 and also for computation of “advance tax” payable during the said year in the case of all categories of … [Read more...] about Rates for deduction of income-tax at source from “Salaries”, computation of “advance tax” and charging of income-tax in special cases during the financial year 2015-2016.
7th Pay Commission likely to submit report in October 2015
After 14th Finance Commission, 7th pay panel’s report looms Finance ministry fears that its revenue will be affected in 2016-17 as it has to absorb new pay panel recommendations New Delhi: After the recommendations of the Fourteenth Finance Commission (FFC) forced the government to reduce its plan expenditure in the 2015-16 budget, the Union finance ministry fears … [Read more...] about 7th Pay Commission likely to submit report in October 2015
Provision for 7th Pay Commission in Budget 2015-16
Provision for 7th Pay Commission in Budget 2015-16 The Budget is also gravely silent on fund allocations for the Seventh Pay Commission award, due for implementation in 2016. The budgetary documents are stressing upon likely burden from the report of the 7th Pay Commission. However the funds are allocated for Commission'ss establishment. The extract of budgetry … [Read more...] about Provision for 7th Pay Commission in Budget 2015-16
PRESS STATEMENT of CCGEW on BUDGET 2015
PRESS STATEMENT of CCGEW on BUDGET 2015 CONFEDERATION OF CENTRAL GOVT. EMPLOYEES & WORKERS 1st Floor, North Avenue PO Building, New Delhi – 110001 Website: www.confederationhq.blogspot.com Email: [email protected] President K. K. N. Kutty 09811048303 Secretary General M. Krishnan 09447068125 Dated: 28th Feb. 2015. PRESS STATEMENT – Budget … [Read more...] about PRESS STATEMENT of CCGEW on BUDGET 2015
Prime Minister says Budget session of Parliament important as people look at it with lot of hopes
Prime Minister says Budget session of Parliament important as people look at it with lot of hopes Says it is collective responsibility of all parties to ensure effective functioning of Parliament PM assures leaders of several parties all their concerns will be discussed Shri M.Venkaiah Naidu says broad consensus on Ordinances; Land … [Read more...] about Prime Minister says Budget session of Parliament important as people look at it with lot of hopes
Income Tax Expectations – Assocham Survey: Here’s What India Wants
Income Tax Expectations: Here's What India Wants A survey carried out by industry body Assocham has found that a majority of salaried employees want Finance Minister Arun Jaitley to increase the income tax exemption in the forthcoming Budget. A hike in income tax exemption from Rs. 2.5 lakh to Rs. 3 lakh will lead to savings of up to Rs. 5,000 for those who fall in the … [Read more...] about Income Tax Expectations – Assocham Survey: Here’s What India Wants
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
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