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GDS COMMITTEE REPORT STATUS

September 12, 2017 By admn Leave a Comment

GDS COMMITTEE REPORT STATUS Today on date 11.09.2017 in the forenoon I met the higher officers of the Department and enquired about the status of GDS committee. They told that some queries were raised by the Finance Ministry. Reply on those queries have been sent and it is in final stage and may be received […]

Filed Under: GDS, Income Tax

Central Government notifies Exemption from Quoting Aadhaar / Enrolment ID to certain individuals

May 13, 2017 By admn Leave a Comment

Central Government notifies Exemption from Quoting Aadhaar / Enrolment ID to certain individuals Press Information Bureau Government Of India Ministry of Finance 12-May-2017 Central Government notifies Exemption from Quoting Aadhaar / Enrolment ID to certain individuals The Central Government vide notification dated 11th May, 2017 has notified that the requirement of quoting of Aadhaar / […]

Filed Under: Income Tax

Centre introduces provision of taxation on NPS in Income Tax Act

April 11, 2017 By admn Leave a Comment

Centre introduces provision of taxation on NPS in Income Tax Act Press Information Bureau Government Of India Ministry Of Defence Dated: 11-04-2017 Tax on NPS The provision that the withdrawal from National Pension Scheme is taxed to the extent of 60 per cent has been introduced into the Income Tax Act, 1961 (‘Act’) vide Finance […]

Filed Under: Income Tax, NPS

​Are arrears of salary taxable? – Income Tax FAQ

February 13, 2017 By admn Leave a Comment

​Are arrears of salary taxable? – Income Tax FAQ What is considered as salary income? section 17​​ of the Income-tax Act defines the term ‘salary’. However, not going into the technical definition, generally whatever is received by an employee from an employer in cash, kind or as a facility [perquisite] is considered as salary. ​What […]

Filed Under: Income Tax

Release of new functionality to taxpayers to secure their E-filing account

April 4, 2016 By admn Leave a Comment

Release of new functionality to taxpayers to secure their E-filing account Press Information Bureau Government Of India Ministry Of Finance 04-April, 2016 Release of new functionality to taxpayers to secure their E-filing account The Income Tax Department has from time to time issued advisories regarding the need to avoid phishing emails and to carefully protect […]

Filed Under: Income Tax

Release of E-filing of Income Tax Returns (ITR) and other forms

April 4, 2016 By admn Leave a Comment

Release of E-filing of Income Tax Returns (ITR) and other forms Press Information Bureau Government Of India Ministry Of Finance 04-April 2016 Release of E-filing of Income Tax Returns (ITR) and other forms In pursuance of the Notification of the Income Tax Returns (ITR) for AY 2016-17 on March 31st, 2016, Central Board of Direct […]

Filed Under: Income Tax

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