F.No.325/10/2015-AVD-III Government of India Ministry of Personnel, Public Grievances & Pensions Department of Personnel & Training ***** North Block, New Delhi Dated the 26th February, 2016 OFFICE MEMORANDAM Subject: Seeking information about the actual data of perks/allowances given to the CVOs for the financial year 2013-14 & 2014-15. The undersigned is … [Read more...] about Seeking information about the actual data of parks/allowances given to the CVOs for the financial year 2013-14 and 2014-15
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Measures for moving towards a pensioned society
Measures for moving towards a pensioned society While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that pension schemes offer financial protection to senior citizens. He proposed to make withdrawal up to 40% of the corpus at the time of retirement tax exempt in the case of National Pension Scheme(NPS). In case of … [Read more...] about Measures for moving towards a pensioned society
Limit of Deduction of Rent Increased from Rs.24,000 to Rs.60,000
Limit of Deduction of Rent Increased from Rs.24,000 to Rs.60,000 100% Deduction of Profits for 3 out of 5 Years for Start-Ups Withdrawal upto 40% of the Corpus to be Tax-Free at the time of Retirement Deduction of Additional Interest of Rs.50,000 Per Annum for First-Time Home buyers New Dispute Resolution Scheme to be Introduced Thirteen Cesses Levied by Various … [Read more...] about Limit of Deduction of Rent Increased from Rs.24,000 to Rs.60,000
Reducing black money through a Scheme to declare undisclosed income by paying 45% tax in a given compliance window
Reducing black money through a Scheme to declare undisclosed income by paying 45% tax in a given compliance window. While presenting the General Budget 2016-17 in Lok Sabha here today, the Union Finance Minister Shri Arun Jaitley proposed a Scheme to declare undisclosed income by paying 45% tax in a given compliance window. Shri Jaitley proposed a limited period … [Read more...] about Reducing black money through a Scheme to declare undisclosed income by paying 45% tax in a given compliance window
Highlights of General Budget 2016
Highlights of General Budget 2016 Union Finance Minister Shri Arun Jaitley spoke on the Key Reform Measures in his Budget speech 2016-17 1. The Government is firm on its course towards fiscal consolidation without compromising on its development agenda. 3.5% fiscal deficit is targeted for FY 2017. 2. Total allocation for Agriculture, Farmers’ welfare and Irrigation set … [Read more...] about Highlights of General Budget 2016
Union Budget 2016-17: I-T slabs remain unchanged
Union Budget 2016-17: I-T slabs remain unchanged HRA deduction increased to Rs. 60,000 per annum; 40% of withdrawal under NPS to be tax exempt; additional exemption for housing loans. Finance Minister Arun Jaitley presents his third Union Budget. With an eye on supporting the small tax-payer and the small investor, the Minister announced a slew of schemes, and income tax … [Read more...] about Union Budget 2016-17: I-T slabs remain unchanged
What are the 7th CPC’s Recommendations Regarding Dearness Allowance? 7th CPC DA Calculation
What are the 7th CPC’s Recommendations Regarding Dearness Allowance? 7th CPC DA Calculation Dearness Allowance is one of the important issues that the Pay Commission deals with. The calculation method that was recommended by the 6th Pay Commission was radically different from the ones suggested by all the previous Pay Commissions. Dearness Allowance, which was increasing … [Read more...] about What are the 7th CPC’s Recommendations Regarding Dearness Allowance? 7th CPC DA Calculation
7th Pay Commission issue in Parliament – Strike by Railway Employees
7th Pay Commission Latest News – Minister’s reply on Strike by Railway Employees demanding 35 per cent hike on implementation of 7th CPC recommendations Mr Kotha Prabhakar Reddy, Railway Minister for State has replied to a query regarding proposed Railway Employees Strike for increasing the hike in salary recommended by 7th Pay Commission. GOVERNMENT OF INDIA MINISTRY OF … [Read more...] about 7th Pay Commission issue in Parliament – Strike by Railway Employees
7th Pay Commission DA Calculation – Jan 2016 AICPIN starts with new episode of ‘Expected DA July 2016
7th Pay Commission DA Calculation – Jan 2016 AICPIN starts with new episode of ‘Expected DA July 2016’ “The first AICPIN points of 2016 will be released tomorrow” The Dearness Allowance given to Central Government employees and Pensioners will henceforth be calculated on the basis of the 7th Pay Commission recommendations from 1.1.2016.(Expects its recommendations to be … [Read more...] about 7th Pay Commission DA Calculation – Jan 2016 AICPIN starts with new episode of ‘Expected DA July 2016
MACPS on Promotional Hierarchy – NFIR
MACPS on Promotional Hierarchy – NFIR Grant of Financial up-gradation under MACPS in the promotional hierarchy – (instead of Grade Pay hierarchy) – Item No.3 of Record note of discussion held between the Federation and EDs, Railway Board on 12/10/2015 on MACPS anomalies. NFIR National Federation Of Indian Railwaymen 3, CHELMSFORD ROAD, NEW DELHI – 110 … [Read more...] about MACPS on Promotional Hierarchy – NFIR
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