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Children Education Allowance Income Tax Online Tool for CG Employees

June 12, 2019 by admin Leave a Comment

Children Education Allowance Income Tax Online Tool for CG Employees Exempted from Income Tax for Children Education Allowance and Hostel Expenditure allowance – A simple calculator for CG Employees How to use the tool Step 1: Select the option Children Education Allowance or Hostel Subsidy Step 2: Enter the Amount Received for 1st and 2nd Child Step 3: Enter Number of Months R … [Read more...]

Certificate for Tax Deducted at Source in Part B of Form No. 16 through TRACES

May 10, 2019 by admin Leave a Comment

Certificate for Tax Deducted at Source in Part B of Form No. 16 through TRACES Procedure, format and standards for issuance of certificate for tax deducted at source in Part B of Form No. 16 through TRACES – CBDT Circulars dt. 6.5.2019 Procedure, format and standards for issuance of certificate for tax deducted at source in Part B of Form No. 16 in accordance with the p … [Read more...]

No TDS upto 50,000 for Senior Citizen – CBDT Notification Dt. 6.12.2018

December 12, 2018 by admin Leave a Comment

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 / … [Read more...]

No GST On Sale of Ready to Move-In Flats

December 10, 2018 by admin Leave a Comment

No GST On Sale of Ready to Move-In Flats No GST on sale of complex/ building and ready to move-in flats Ministry of Finance Effective tax rate on complex, building, flat etc. It is brought to the notice of buyers of constructed property that there is no GST on sale of complex/ building and ready to move-in flats where sale takes place after issue of completion certificate … [Read more...]

Pension Exempt from Income Tax – BPS writes to FM

November 26, 2018 by admin Leave a Comment

Pension Exempt from Income Tax – BPS writes to FM Pension of Ex-Govt Employees to be Net of Income Tax Dt – 23.11.18 BHARAT PENSIONERS SAMAJ (All India Federation of Pensioners Association) 2/13-A-LGF Backside, Jangpura – ‘A’, New Delhi – 110 014 No BPS/ SG/pension/I.Tax/018/1 Dated: 23.11.2018 To The Arun jaitley ji Honorable Cabinet Minister for Finance Government … [Read more...]

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