FINANCE MINISTRY ORDERS
The Department of Public Enterprises in India has issued an Office Memorandum regarding the payment of Dearness Allowance (DA) to the CDA pattern employees of CPSEs (Central Public Sector Enterprises) who draw pays in 7th CPC pay scales
Circular No. 04 of 2023, issued by the Central Board of Direct Taxes in India, provides clarification regarding the deduction of tax deducted at source (TDS) on salary income under section 192 of the Income-tax Act, 1961
Finmin – Clarification regarding deduction of TDS Read More »
Regarding New Interest Rate for General Provident Fund and Other Funds Effective April 1, 2023
GPF and other similar funds from 01 April to 30th June 2023 Read More »
The Ministry of Finance, Department of Expenditure, Government of India has issued an Office Memorandum on 6th April, 2023 regarding the setting up of a Committee to review the Pension System for Government Employees
Setting up of a Committee to review the Pension System – DOE Read More »
The Indian Ministry of Finance’s Department of Expenditure has issued an office memorandum announcing the universal implementation of the Treasury Single Account (TSA) in ABs.
Universal implementation of Treasury Single Account in ABs Read More »
The Ministry of Finance, Department of Expenditure, Office of Controller General of Accounts, Government of India has issued an OM on 17th March 2023, regarding the posting of contractual staff in sensitive areas of work such as precheck and payment
Posting of contractual staff working on sensitive posts Read More »
A person whose PAN becomes inoperative due to not complying with the requirement to link it with Aadhaar number will face consequences including a higher rate of tax deduction or collection at source and not receiving interest on any tax refunds due
Consequences of PAN becoming inoperative by new rule 114AAA Read More »
The Indian Ministry of Finance has announced the revision of the Dearness Allowance (DA) rates for Central Government employees, effective from January 1, 2023.
DA rates to Central Government employees from Jan 1, 2023 Read More »
rates of interest on various Small Savings Schemes for the first quarter of financial year 2023-24 starting from 1st April, 2023 and ending on 30th June, 2023 have been revised and given in the post.
Revision of interest rates for Small Savings Schemes Q1 2023-24 Read More »
Advance sanctioned to government servants for the purchase of computers during the financial year 2023-24 (1st April 2023 – 31st March 2024) will be 9.1% per annum
Government Advances for Computer Purchases in 2023-24 Read More »
The Office Memorandum, titled “Revised instructions on Bringing Autonomous Bodies (ABs) under the Treasury Single (TSA) System,” was issued by the Ministry of Finance, Department of Expenditure, Government of India on March 24, 2023
New Guidelines for TSA System on Autonomous Bodies Read More »
