Tuesday, 7 February 2012

Income Tax Bonanza for Salaried People FY-2012-13

The centre might consider reconstructing of income tax slabs and increasing the exemption. New Delhi,Feb7,2012:   Budget 2012-13 is in process. The government is planning to enhance tax slabs of salaried class persons. According to reports, Union Finance Minister Sh. Pranab Mukherjee may announce the income tax slab rates soon. The basic...

Postal employee fighting for pension gets relief from the President of India

The CAT initiated suo motu contempt proceedings against postal deperment in September, 2011 Chennai, Feb 7, 2012(TNN): J Prema of Dindigul district has won a three-year battle with the Director of Postal Services, Madurai for her pension and service benefits, thanks to the intervention of the Central Administrative Tribunal (CAT) and a final order from President Pratibha...

8,500 income tax gazetted officers on protest against the recent CBDT cadre restructuring

M K Road Income-Tax office, Mumbai Mumbai/New Delhi, Feb 4 ,2012: Close to 8,500 gazetted income tax employees in the rank of I-T officers (ITOs), assistant commissioners and administrative officers have gone on a nationwide agitation. The outcome, said tax circles, will be fewer tax surveys and raids. “Their priority is now processing refunds rather than quickening recovery,” said a...

PAN to be most potent tool against tax evasion: I-T Dept

The 10-digit alphanumeric number (PAN) allotted by the I-T Department to taxpayers will be the most potent tool for the department to unearth tax crimes and evasion. New Delhi, Feb 5, 2012, (PTI): Come next financial year, the PAN card is likely to become the most potent tool for the Income Tax Department to unearth black money, tax evasion and instances of criminal financing in...

CVC penalises 113 govt officials for alleged graft

The Commission is deeply concerned over continuing delay in filling the post of Chief Vigilance Officers (CVOs) in Syndicate Bank and Kandla Port Trust. New Delhi,Feb 06, 2012(PTI): The Central Vigilance Commission has recommended major penalty against 113 government officials for their alleged involvement in corruption. Of these, the highest, 22, are from Railway Ministry, 11 in Central...

SB ORDER NO 1/2012

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Introduction of Annual Medical Examination for the Group ‘A’ officers of Central Civil Services of age 40 years and above.

No. 21011/1/2009-Estt (A)- Part Government of India Ministry of Personnel, Public Grievances and Pensions (Department of Personnel and Training) North Block, New Delhi,1st February, 2012 OFFICE MEMORANDUM Subject:-...