NEW INCOME TAX RATES FOR INDIVIDUAL 2012-13

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 Savings Bank Interest Senior Citizens not Having Income from Business Exempted from Payment of Advance Tax The exemption limit for the general category of individual [...]

March 16, 2012  Tags: , , ,   Posted in: I Tax  One Comment

EXEMPTION FROM FILING OF INCOME-TAX RETURN

EXEMPTION FROM FILING OF INCOME-TAX RETURN : CBDT’s FAQs   EXEMPTION FROM FILING OF INCOME-TAX RETURN : CBDT’s FAQs What is the purpose of this notification and who are proposed to be exempted from the requirement of filing of the return? 1. The primary objective of this notification is to exempt those salaried taxpayers from [...]

July 21, 2011  Tags: , , , ,   Posted in: I Tax  One Comment

Emoluments reckoned for calculating retirement / death benefits of staff working in the Construction Organisations

  RBE No. 85/2011 GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) No. F(E)111/2007/PN1/4                                                                                                                              New Delhi, dated: 09.06.2011 The GMs/FA&CAOs, All Zonal Railways &Production Units. (As per mailing list) Subject: Emoluments reckoned for calculating retirement / death benefits of staff working in the Construction Organisations — PNM/NFIR Item No.3/2008 and PNM/AIRF [...]

June 13, 2011  Tags: , , ,   Posted in: Railways  No Comments

Grant of Medical Facilities to dependent relatives — Raising the income ceiling

  GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD)   No.2010/H-1/2/21                                                                                                                                             Date: 07.06.2011   The General Managers, All Zonal Railways/PUs.   Sub: – Grant of Medical Facilities to dependent relatives — Raising the income ceiling. Consequent upon implementation of Govt’s decision on the recommendations of the Sixth Central Pay Commission regarding revision of minimum family [...]

June 13, 2011  Tags: , , ,   Posted in: Railways  One Comment