Ministry of Finance Introduction of Floating Rate Savings Bonds, 2020 (Taxable) 26 JUN 2020 The Government has notified the new Floating Rate Savings Bonds, 2020 (Taxable)Scheme in place of 7.75 percent Savings (Taxable) Bonds, 2018 Scheme which ceased for subscription from the close of banking business on May 28, 2020. The broad features of the new Floating Rate … [Read more...] about Introduction of Taxable Floating Rate Savings Bonds 2020 – PIB
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Taxable
Taxable and Non-Taxable Elements of Pay and Allowances
Taxable and Non-Taxable Elements of Pay and Allowances List of Taxable Elements of Pay Taxable Element of Pay : Provisions are applicable equally for monthly payment of Allowances as well as arrears for the said head of Pay/Allowances. Non-Taxable Elements of Pay : Salary for this purpose includes Pay in Pay Band + Grade Pay + MSP (w.e.f. 01 Sep 08) + DA + NPA (if … [Read more...] about Taxable and Non-Taxable Elements of Pay and Allowances
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