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Budget Highlights

Taxpayers can file updated Income Tax return within two years

February 1, 2022 pcadmin Leave a Comment

Taxpayers can file updated Income Tax return within two years TAX RELIEF TO PERSONS WITH DISABILITYTAX DEDUCTION LIMIT ON EMPLOYER’S CONTRIBUTION TO NPS ACCOUNT OF STATE GOVERNMENT EMPLOYEES INCREASED TO 14% FROM 10%INCOME FROM VIRTUAL DIGITAL ASSETS TRANSACTIONS TO BE TAXED AT 30%NEW STEPS TO AVOID REPEAT LITIGATIONS WITH TAXPAYERS The Government proposes to permit … [Read more...] about Taxpayers can file updated Income Tax return within two years

Highlights of the Union Budget 2022-23

February 1, 2022 pcadmin Leave a Comment

Highlights of the Union Budget 2022-23 The Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today. The key highlights of the budget are as follows: PART A India’s economic … [Read more...] about Highlights of the Union Budget 2022-23

Key Highlights of Union Budget 2020-21

February 2, 2020 pcadmin 1 Comment

Key Highlights of Union Budget 2020-21 Presenting the first Union Budget of the third decade of 21st century, Finance Minister Smt. Nirmala Sitharaman, today unveiled a series of far-reaching reforms, aimed at energizing the Indian economy through a combination of short-term, medium-term, and long-term measures. The Key Highlights of Union Budget 2020-21 are as … [Read more...] about Key Highlights of Union Budget 2020-21

Summary of Union Budget 2020-21

February 1, 2020 pcadmin Leave a Comment

Summary of Union Budget 2020-21 PART-A Presenting the first Union Budget of the third decade of the 21st century, Finance Minister Smt. Nirmala Sitharaman, today unveiled a series of far-reaching reforms, aimed at energizing the Indian economy through a combination of short-term, medium-term, and long term measures. The Union Budget has been structured on the overall theme … [Read more...] about Summary of Union Budget 2020-21

Budget 2020 : New Income Tax Slabs

February 1, 2020 pcadmin Leave a Comment

Budget 2020 : Income Tax New Slabs Key highlights of Union Budget 2020-21 Govt extends additional Rs 1.5 lakh tax benefit on interest paid on affordable housing loans to March 2021 New Income Tax Slabs No tax for income below  Rs 5 lakh 10% for income between Rs 5 - 7.5 lakhs (down from 20%) 15% for income between Rs 7.5 - 10 lakhs (down from 20%) 20% … [Read more...] about Budget 2020 : New Income Tax Slabs

Key Highlights of Union Budget 2019-20

July 5, 2019 pcadmin Leave a Comment

Key Highlights of Union Budget 2019-20 The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman made her maiden Budget Speech today and presented the Union Budget 2019-20 before the Parliament. The key highlights of Union Budget 2019 are as follows: 10-point Vision for the decade Building Team India with Jan Bhagidari: Minimum Government Maximum … [Read more...] about Key Highlights of Union Budget 2019-20

Budget 2019 Updates

July 5, 2019 pcadmin Leave a Comment

Budget 2019 Updates Currently, 25% corporate tax rate is applicable to companies with an annual turnover of up to Rs 250 crore. This has been extended to companies with turnover of up to Rs 400 crore. Only 0.7% companies will remain outside of this 25% rate. 2.45 P.M. In the press conference of the Budget, Minister Nirmala Sitharaman says the government is … [Read more...] about Budget 2019 Updates

Budget 2019 highlights for Working class

February 4, 2019 pcadmin Leave a Comment

Budget 2019 highlights for Working class. Individual tax payers with annual income of upto Rs 5 lakh are expected to get full tax rebate. Those with gross income up to Rs 6.5 lakh will be exempted from tax payment, invest Rs 1.5 lakh under section 80C in any of the eligible tax saving avenues of PPF, EPF etc or use tuition fees paid for children to claim a deduction of the … [Read more...] about Budget 2019 highlights for Working class

GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’

February 29, 2016 pcadmin Leave a Comment

GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’ While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that the growth of GDP has accelerated to 7.6% in the current Financial Year. This was possible notwithstanding the contraction of global exports by 4.4% compared to 7.7% growth in the world … [Read more...] about GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’

Budget 2016-17 : Measures for moving towards a pensioned society

February 29, 2016 pcadmin Leave a Comment

Measures for moving towards a pensioned society While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that pension schemes offer financial protection to senior citizens. He proposed to make withdrawal up to 40% of the corpus at the time of retirement tax exempt in the case of National Pension Scheme(NPS). In case of … [Read more...] about Budget 2016-17 : Measures for moving towards a pensioned society

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Latest DOPT Orders

Grant of fund for modernisation of Non-Statutory Departmental Canteen located in Central Government Offices

General Election 2023: Grant of Paid holiday on day of Poll for General Election in Karnataka, 2023

Reimbursement of Children Education Allowance (CEA) to Central Government servants having Divyang Children

Addendum for early closure of all the offices falling in the premises of Parliament House & Rashtrapati Bhawan in c/w forthcoming Republic Day

Early Closure of Offices in connection with Republic Day Parade/Beating Retreat Ceremony/At Home Function during January, 2023

Latest Finmin Orders

CGEGIS 1980 – Tables of Benefits for the savings fund for the period from 01.04.2023 to 30.06.2023.

Dearness Allowance to Central Government employees effective from 01.01.2023 – FINMIN Order

Compendium of Instructions regarding grant of House Rent Allowance to Central Government employees – FINMIN

CGEGIS 1980: Table of Benefits of saving funds from Oct to Dec 2022

Non-Productivity Linked Bonus (ad-hoc bonus) to Central Government Employees for 2021-22

Latest Railway Orders

Disbursement of Railway Pension through Private Sector Banks

Dearness Relief to Railway pensioners from Jan 2023

State Railway Provident Fund Interest Rate from April 2023 to June 2023

Timely verification of Caste/Community Certificates – Railway Board Order

Timelines for completion of APAR to Railway Employees for 2022-23

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