Tax Concession on Education Loan
Tax Concession on Education Loan Section 80E of the Income Tax Act, 1961 provides for a deduction to an assessee (being an individual), out of his income chargeable to tax, […]
INCOME TAX NEWS
Latest Income tax news regarding Income Tax Rates, Income Tax Exemptions and ITR filing Last date
One increment is granted on 1.1.2006 in the pre-revised pay scale as a one time measure
As we said earlier that the order on granting one increment to the Govt servants whose date of increment falls between February 2006 to June 2006 , has been issued by the
One increment is granted on 1.1.2006 in the pre-revised pay scale as a one time measure Read More »
Advances to Government servants — Rate of interest for purchase of conveyances during 2011-2012
F.No. 5(2)-B(PD)/2011 Government of India Ministry of Finance Department of Economic Affairs New Delhi, the 19th March, 2012 OFFICE MEMORANDUM Subject : Advances to Government servants — Rate of interest
General Provident Fund Interest Rate 8.6% from1.12.2011
(PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(1)-B(PD)/2011 Government of India Ministry of Finance (Department of Economic Affairs) New Delhi, the 19th March, 2012 RESOLUTION It
General Provident Fund Interest Rate 8.6% from1.12.2011 Read More »
Exemption Limit for Individual Taxpayers Raised to Rs 2 Lakh
Exemption Limit for Individual Taxpayers Raised to Rs. 2 Lakh Upper Limit of 20 Per Cent Tax Slab Raised to Rs. 10 Lakh Deduction up to Rs. 10,000 Proposed for
Exemption Limit for Individual Taxpayers Raised to Rs 2 Lakh Read More »
Promotion of Group C Staff (Multi Tasking Staff) as LDC on seniority basis — 5% quota
A. 60015/1/CS/2012-13/MF.CGA(A)/NG/ 623 Government of India Ministry of Finance Department of Expenditure controller General of Accounts Lok Nayak Bhavan, Khan Market, New Delhi. Dated: 22nd February, 2012 Office Memorandum Sub:-
Promotion of Group C Staff (Multi Tasking Staff) as LDC on seniority basis — 5% quota Read More »
All India Consumer Price Index Numbers for Industrial Workers for the month of January 2012
All India Consumer Price Index Numbers for Industrial Workers All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of January, 2012 increased by
CBDT exempts return-filing for salaried having total income upto Rs 5 lakh
NOTIFICATION NO 9/2012, Dated: February 17, 2012 In exercise of the power conferred by sub-section (IC) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Government
CBDT exempts return-filing for salaried having total income upto Rs 5 lakh Read More »
Concession to persons re-employed in Government Service : Payment of Travelling Allowance
No. 19030/6/2010-E.IV Government of India Ministry of Finance Department of Expenditure *** North Block, New Delhi Dated the 10th February, 2012 Office Memorandum Subject:- Concession to persons re-employed in Government
Expected Dearness Allowance from January 2012
The AICPIN for Industrial Workers for the month of November, 2011, is published by Ministry of Labour & employment recently. The AICPIN-IW for the month of October 2011 was 198
Income Tax exemption for Post Office savings
An important amendment has been made by the Department of Posts regarding that the ceiling of maximum balance in a post office savings account. Prior to this, the ceiling of