House Building Advance (HBA) Central Government employees have a low-interest house construction advance Finance Minister Nirmala Sitharaman said the lowering of interest rates will encourage more government employees to buy new houses as they were “a major contributor” to the overall demand. Also Read: 7th Pay Commission House Building Advance New Measures to … [Read more...] about Central Government employees have a low-interest house construction advance – House Building Advance (HBA)
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Finance Minister
Finance Minister to inaugurate the Centralized GP Fund Module of PFMS for all the Central Government Employees and ePPO Module of PFMS for complete end -to -end electronic processing of Pension cases tomorrow
Finance Minister to inaugurate the Centralized GP Fund Module of PFMS for all the Central Government Employees and ePPO Module of PFMS for complete end -to -end electronic processing of Pension cases tomorrow 28 FEB 2018 On the occasion of 42nd Civil Accounts Day tomorrow, the Union Minister for Finance & Corporate Affairs , Shri Arun Jaitley will inaugurate the … [Read more...] about Finance Minister to inaugurate the Centralized GP Fund Module of PFMS for all the Central Government Employees and ePPO Module of PFMS for complete end -to -end electronic processing of Pension cases tomorrow
Government is expected to announce higher allowances in March : Budget 2017
Government is expected to announce higher allowances in March : Budget 2017 The government is expected to announce higher allowances for 4.8 million central government employees and 5.2 million pensioners in March with a view to give a boost to its employees. After Finance Minister Arun Jaitley on Wednesday in his Budget speech announced the reduction of the existing rate … [Read more...] about Government is expected to announce higher allowances in March : Budget 2017
INCOME TAX TABLE: BUDGET 2017-18
INCOME TAX TABLE: BUDGET 2017-18 Finance Minister Arun Jaitley today proposed to reduce the tax rate for income up to Rs 5 lakh from the existing 10 per cent to 5 per cent while imposing 10 per cent surcharge on income between Rs 50 lakh and Rs 1 crore. Following is the table of impact on individual on tax proposals: INCOME TAX RATE IMPACT (Individual Tax Payers) Up … [Read more...] about INCOME TAX TABLE: BUDGET 2017-18
Income Tax Return form for the category of individuals having taxable income upto Rs 5 lakhs other than business income
A simple one- page Income Tax Return form for the category of individuals having taxable income upto Rs 5 lakhs other than business income. "Finance Minister Shri Jaitley said that the present burden of taxation is mainly on honest tax payers and salaried employees who are showing their income correctly. Therefore, post-demonetisation, there is a legitimate expectation of … [Read more...] about Income Tax Return form for the category of individuals having taxable income upto Rs 5 lakhs other than business income
GST: Finance Minister may hike service tax to 16-18% in Budget
GST: Finance Minister may hike service tax to 16-18% in Budget New Delhi: Finance Minister Arun Jaitley may hike service tax rate to 16-18 per cent from the current 15 per cent in the Budget, due on Wednesday, as a precursor to the Goods and Services Tax (GST) rollout. The move, that will make flying, eating out, phone bills and a host of other services expensive, would … [Read more...] about GST: Finance Minister may hike service tax to 16-18% in Budget
GST will not lead to job losses at central excise dept, assures Jaitley
GST will not lead to job losses at central excise dept, assures Jaitley New Delhi: Ahead of the rollout of GST, Finance Minister Arun Jaitley today sought to address concerns of job loss from reduced work of central excise and service tax officials, saying they should have no insecurity as enough work and opportunities will be available to them in the new indirect tax … [Read more...] about GST will not lead to job losses at central excise dept, assures Jaitley
GST: Service tax likely to be hiked to 18 percent this budget
GST: Service tax likely to be hiked to 18 percent this budget New Delhi: Most services are likely to attract a tax of 18 percent under the Goods and Services Tax (GST) as Union Finance Minister Arun Jaitley presents the Union Budget on February 1. It will be interesting to witness whether the Centre raises the service tax rate from the existing 15 percent by at least one … [Read more...] about GST: Service tax likely to be hiked to 18 percent this budget
Cabinet approves creation of GST Council and its Secretariat
Cabinet approves creation of GST Council and its Secretariat The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has approved setting up of GST Council and setting up its Secretariat as per the following details: (a) Creation of the GST Council as per Article 279A of the amended Constitution; (b) Creation of the GST Council Secretariat, with its … [Read more...] about Cabinet approves creation of GST Council and its Secretariat
Finance Minister Promises Minimum Pay 7th Pay Commission Hikes
Finance Minister Promises 'Minimum Pay' 7th Pay Commission Hikes New Delhi: Finance Minister Arun Jaitley has promised to consider to hike the minimum pay of central government employees beyond Rs 18,000, a day after the cabinet cleared 7th Pay Commission award for its employees. Central government employees have been demanding hike in minimum pay since November 19, when … [Read more...] about Finance Minister Promises Minimum Pay 7th Pay Commission Hikes
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