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
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Income Tax Exemption
Enhancement of Income Tax exemption limit in the case of Running Staff in Railways
Enhancement of Income Tax exemption limit in the case of Running Staff in Railways NFIR National Federation of Indian Railwaymen 3, CHELMSFORD ROAD, NEW DELHI – 110 055 Affiliated to Indian National Trade Union Congress (INTUC) International Transport Workers’ Federation (ITF) Dated: 13/11/2015 No. II/58/Part II The Secretary (E), Railway Board, New Delhi Dear … [Read more...] about Enhancement of Income Tax exemption limit in the case of Running Staff in Railways
Exemption from Income Tax on donation exceeding Rs.250 – Defence Civilians Medical Aid Fund
Exemption u/s 80 (G) of Income Tax Act on donation to DCMAF – PCDA Orders Defence Civilians Medical Aid Fund (DCMAF) Ministry of Defence Room No. PC – l, B-Block Dalhousie Road,New Delhi-110011 19 March 2015 To Heads of All Defence Units All Labour Welfare Commissioners Subject- Exemption u/s 80(G) of Income Tax Act on donations to DCMAF 1. Consequent on the … [Read more...] about Exemption from Income Tax on donation exceeding Rs.250 – Defence Civilians Medical Aid Fund
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
Central Trade Unions submits Joint Memorandum including DA Merger and 5 Lakh IT Exemption to Finance Minister
Central Trade Unions submits Joint Memorandum including DA Merger and 5 Lakh IT Exemption to Finance Minister CENTRAL TRADE UNIONS SUBMITS JOINT MEMORANDUM TO FINANCE MINISTER 17th January 2015 The Hon’ble Minister of Finance, Govt. of India, North Block, New Delhi Dear Sir, We thank you for inviting the central trade unions representing the working people in the … [Read more...] about Central Trade Unions submits Joint Memorandum including DA Merger and 5 Lakh IT Exemption to Finance Minister
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
Income Tax exemption limit may raise further – Finance Minister
Income Tax exemption may raise further – Finance Minister May raise tax exemption limit further: Arun Jaitley NEW DELHI: Finance minister Arun Jaitley on Saturday said that he does not favour burdening the salaried and middle-class with more taxes but would go after the evaders in widening the net. In fact, he would encourage more money being put in the … [Read more...] about Income Tax exemption limit may raise further – Finance Minister
Income Tax Exemption Limit Raised by Rs.50,000 – Does it meet the Central Government employees’ expectations?
Income Tax Exemption Limit Raised by Rs.50,000 – Does it meet the Central Government employees’ expectations? Finance Minister Arun Jaitley announced that the Income Tax exemption limit for individual taxpayers, below the age of 60 years has been raised from Rs. 2 lakhs to Rs. 2.5 lakhs. The General Budget 2014-15 presented by the Union Finance Minister Shri Arun Jaitley … [Read more...] about Income Tax Exemption Limit Raised by Rs.50,000 – Does it meet the Central Government employees’ expectations?
Contribution made towards disaster relief for the affected people of Uttarakhand- 100% deduction u/s 80G of the Income Tax Act – IRSA’s clarificatory communication to all IT heads
Contribution made towards disaster relief for the affected people of Uttarakhand- 100% deduction u/s 80G of the Income Tax Act - IRSA's clarificatory communication to all IT heads INDIAN REVENUE SERVICE ASSOCIATION (ALL INDIA BODY) President General Secretary Raminder Kaushal Rajani Kant Gupta F.No. IRSA(AIB)/EC/Res./UK-DR/5 Date: 15th July, 2014 To All Principal … [Read more...] about Contribution made towards disaster relief for the affected people of Uttarakhand- 100% deduction u/s 80G of the Income Tax Act – IRSA’s clarificatory communication to all IT heads
Union Budget 2014-15 : Income Tax exemption limit raised to Rs.2.5 lakh and also raised to Rs 1.5 lakh under Section 80C
Union Budget 2014-15 : Income Tax exemption limit raised to Rs.2.5 lakh and also raised to Rs 1.5 lakh under Section 80C Income Tax exemption limit raised to Rs.2.5 lakh and also raised to Rs 1.5 lakh under Section 80C Some relief to individual and salary tax payers, Finance Minister Arun Jaitley presenting Union Budget 2014-15 today in Parliament, raised individual tax … [Read more...] about Union Budget 2014-15 : Income Tax exemption limit raised to Rs.2.5 lakh and also raised to Rs 1.5 lakh under Section 80C
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