Budget 2015 India: Wish List of Salaried Employees on Income Tax Budget 2015 may be yet another one, but financial comfort and rising hopes on growing Indian Economy, may provide room for the finance minister Mr. Arun Jaitley to announce more exemptions or reliefs in the income tax front in this Budget. More than additional exemptions these measures can be called as updating … [Read more...] about Budget 2015 India: Wish List of Salaried Employees on Income Tax
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Children Education Allowance
List of Allowances & Advances increased 25% due to DA raised to 100% with effect from 01.01.2014.
List of Allowances & Advances increased 25% due to DA raised to 100% with effect from 01.01.2014. SRES - NFIR List of Allowances & Advances increased 25% due to DA raised to 100% with effect from 01.01.2014. S.No Name of the Allowance / Advance Old Rate w.e.f. 1-9-08 Rs. Existing Rate w.e.f. 1-1-11 … [Read more...] about List of Allowances & Advances increased 25% due to DA raised to 100% with effect from 01.01.2014.
Ordnance Factory: Outcome of the preliminary meeting with 7th Pay Commission – IOFGOA
Ordnance Factory: Outcome of the preliminary meeting with 7th Pay Commission – IOFGOA Brief on Preliminary meeting with 7th CPC held on 21st Aug-2014 in New Delhi . The meeting was held in the office of 7th CPC in New Delhi at 12.25 to 13.25 Hrs. and it was chaired by chairman/7th CPC. Members of the commission and directors were also present. All office bearers of NE were … [Read more...] about Ordnance Factory: Outcome of the preliminary meeting with 7th Pay Commission – IOFGOA
Annual ceiling for reimbursement of Children Education Allowance for CG Employees
Annual ceiling for reimbursement of Children Education Allowance for CG Employees Finance Minister Shri Arun Jaitley said in the Parliament regarding the details of Children Education Allowance as follows… CHILDREN EDUCATION ALLOWANCE It has been informed by the Department of Personnel and Training that the annual ceiling limit for reimbursement of Children Education … [Read more...] about Annual ceiling for reimbursement of Children Education Allowance for CG Employees
Reimbursement of Children Education Allowance-lok sabha Q&A
Reimbursement of Children Education Allowance It has been informed by the Department of Personnel and raining that the annual ceiling limit for reimbursement of Children Education Allowance (CEA) is Rs. 18,000/- per child. The Hostel subsidy shall be Rs. 4,500/- per month per child. The annual ceiling for reimbursement of CEA for disabled children of Government employees if … [Read more...] about Reimbursement of Children Education Allowance-lok sabha Q&A
PROPOSED PAY SCALE OF 7TH PAY COMMISSION – NC JCM STAFF SIDE
PROPOSED PAY SCALE OF 7TH PAY COMMISSION - NC JCM STAFF SIDE NATIONAL COUNCIL JCM STAFF SIDE IS PUBLISHED A DRAFT MEMORANDUM SUBMITTED TO 7TH PAY COMMISSION HIGHLIGHTS OF THE MEMORANDUM ARE GIVEN BELOW... MINIMUM PAY SCALE - Rs.26000 MAXIMUM PAY SCALE - Rs.240000 RATIO BETWEEN MIN & MAX - 1:8 MERGER OF GRADES - 3050-3200, 5000-5500 AND 7450-7500 … [Read more...] about PROPOSED PAY SCALE OF 7TH PAY COMMISSION – NC JCM STAFF SIDE
Income tax exemption on children education allowance
Income tax exemption on children education allowance Children Education Allowance (CEA) under section 10 (14) read with Rule 2Bb(2)(5) of the Income Tax Act is Rs.I00 per month per child. This limit as fixed more than 2 decades back when the maximum amount of Children Education AIlowance for Central Government Employees was fixed at Rs. 100/- per month per child under the … [Read more...] about Income tax exemption on children education allowance
Budget 2014 – CII suggests raising 80C deductions to Rs. 2.5 Lakhs
Budget 2014 – CII suggests raising 80C deductions to Rs. 2.5 Lakhs In its Pre-Budget wish list regarding Income Tax 80C, the Confederation of Indian Industries (CII) has suggested to the Finance Ministry that the consolidated deduction under 80C be raised from Rs. 1 lakh to Rs. 2.5 lakhs. Most Central Government employees have savings schemes that are linked with General … [Read more...] about Budget 2014 – CII suggests raising 80C deductions to Rs. 2.5 Lakhs
Children Education Allowance – Frequently asked questions (13.05.2014)
Children Education Allowance - Frequently asked questions (13.05.2014) Government of India Ministry of Railways Railway Board No.E(W)2008/ED-2/4 New Delhi, Dated:09/05/2014 The General Manager (P), All Indian Railways & Production Units. Sub: Children Education Allowance - Frequently asked questions. Please refer to Railway Board’s letter of even number dated … [Read more...] about Children Education Allowance – Frequently asked questions (13.05.2014)
List of Allowances & Advances increased by 25% due to Dearness Allowance touched to 100% with effect from 1.1.2014.
List of all allowances and advances enhanced by 25% from the existing level from 1st January 2014 in order to enter the Dearness allowance into 100%. Already in January 2011, followed the 6th CPC recommendations, all the allowances and advances had been enhanced by 25% due to Dearness allowance crossed 50% mark. This is second time to get the allowances at revised rates. The … [Read more...] about List of Allowances & Advances increased by 25% due to Dearness Allowance touched to 100% with effect from 1.1.2014.
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