The Central Government Employees expected that the rate of DA from July 2020 may increase by 4% to 5% level. But some results of DA Calculator provided below are contrary to our expectation. After December 2019 AICPIN, it is confirmed that DA at the rate of 21% will be paid with effect from 1st January 2020. And Union Cabinet has approved this DA hike Proposal. A Press … [Read more...]
7th Pay Commission News
Free Preventive Health Checkup for Central Government Retired employees aged 75 years and above under CGHS Scheme
Free Preventive Health Checkup for Central Government Retired employees aged 75 years and above under CGHS Scheme Annual Health Check-up at Hospitals empanelled under CGHS in respect of CGHS Pensioner beneficiaries (Primary card holders) aged 75 years and above Z.15025/36/2019/DIR/CGHS/CGHS(P) Government of India Ministry of Health & Family Welfare Department of … [Read more...]
Various Measures To Bring Transparency In Administration
The Government of India has implemented various measures bringing technological intervention to bring transparency in the day to day administration, such as, implementation of e-Office, e-Leave management system, Employee Information System, Smart Performance Appraisal Report Recording Online Window (SPARROW), Aadhar enabled Bio-metric Attendance System (AEBAS), Pension … [Read more...]
Increment for central government employees starts today, 7th CPC Increment
After implementation of 7th Pay Commission, all group of Central Government employees are getting an annual increment on 1st January or 1st July of every year. Most of the employees are getting an annual increment 1st July of every year. So, today Increment Day for Central Government Employees. The Central Govt has decided to implement the two date option with effect from … [Read more...]
New Income Tax Rules; Defaulters Will Not Be Able To Get Away Just By Paying A Penalty
NEW DELHI: Under the revised guidelines of the Income Tax department, those indulging in serious offences under black money and benami laws will not be able to get away just by paying a penalty. The Central Board of Direct Taxes (CBDT), the apex direct tax policy making body, has issued a revised 32-page guideline for compounding of offences under direct tax laws, 2019. The … [Read more...]
Are You Salaried Employee? Leave Encashment Is Taxable While In Service
As per the Income Tax rules, leave encashment is taxable as a salary if you receive it while in service. If a government employee gets leave encashment at the time of retirement, then s/he doesn’t have to pay tax on it. The official Income Tax website says, “It is taxable if received while in service. Leave encashment received at the time of retirement is exempt in the hands … [Read more...]
EPF Rate of Interest 8.65%
EPF Rate of Interest 8.65% Central Board of Trustees, EPF recommends crediting of 8.65% rate of interest on Accumulations in the EPF Member’s Account for the year 2018-19 The 224th meeting of the Central Board of Trustees, EPF was held here today under the chairmanship of Union Minister of State for Labour and Employment (I/C) Shri Santosh Kumar Gangwar. The Central Board … [Read more...]
Income Tax Exemption limit increased to Rs.5 Lakh in Budget 2019
Income Tax Exemption limit increased to Rs.5 Lakh in Budget 2019 Individual taxpayers having taxable annual income up to Rs.5 lakhs will not be required to pay any income tax . Persons having gross income up to Rs. 6.50 lakhs are not required to pay any income tax if they make investments in provident funds, specified savings and insurance etc Tax Benefits in Budget … [Read more...]
No TDS upto 50,000 for Senior Citizen – CBDT Notification Dt. 6.12.2018
TDS deduction under section 194A of the Income-tax Act, 1961 in case of Senior Citizens F. No. Pr. DGIT(S)/CPC(TDS)/Notification/2018-19 Notification No. 06/2018 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) New Delhi Notification No. 06 /2018 New Delhi, 06th December, 2018 Subject: – TDS deduction … [Read more...]
Meeting Held on 7.12.2018 with Railway Minister – AIRF
Brief of the meeting held on 07.12.2018 with Hon’ble Minister for Railways All India Railwaymen’s Federation4, State Entry Road, New Delhii – 110055 No.AIRF/24(C) Dated: December 8, 2018 The General Secretaries, All Affiliated Unions, Sub: Brief of the meeting held on 07.12.2018 with Hon’ble Minister for Railways Dear Comrades, Yesterday I met Hon’ble Minister … [Read more...]
- 1
- 2
- 3
- …
- 41
- Next Page »