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Holiday Declared on all Saturdays and Sundays for Tamil Nadu Government Offices during the year 2021 – Orders issued GOVERNMENT OF TAMIL NADU 2020 MANUSCRIPT SERIES PUBLIC (MISCELLANEOUS) DEPARTMENT G.O.Ms. No.554, Dated the 27th October 2020 Holidays – Public Holidays under Negotiable Instruments Act, 1881 for the State Government Offices and all Commercial Banks including … Read more
Income-tax Exemption for payment of deemed LTC fare for non-Central Government employees The Central Government has decided to extend the income tax exemption available under leave travel concession (LTC) cash voucher scheme to non-central government employees also to boost consumer spending. Non-central government employees will include employees of state governments, public sector enterprises, banks, and … Read more
The State Government of Telangana has recently announced to hike in Dearness Allowance (DA) for its employees from July 2019. As per the order issued by the Finance Department of Telangana on 23 October 2020, the Dearness Allowance is revised from 12% to 17% with effect from 1.7.2019 to all the employees working under Telangana … Read more
Extension of the due date of furnishing of Income Tax Returns and Audit Reports In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government brought the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (‘the Ordinance’) on 31st March, 2020 … Read more
Leave Travel Concession (LTC) Cash Voucher Scheme 2020 Application Form Application Form for Special Cash Package in Lieu of LTC Application Form PDF Download Here LTC Fare + 10 Days EL Encashment During Block Year 2018-21 Name / Designation of the Government Servant: Date of entering the Government Service: Basic Pay: Rs. Pay Matrix Level: … Read more
All India Consumer Price Index Number (AICPIN) for the month of September 2020 is converted from the new series of CPI (IW) with Base Year 2016=100. What is new CPI (IW) Series? A new series of Consumer Price Index for Industrial Workers Base Year 2016=100 is now released by the Central Government in the month … Read more
Submission of life certificate for pensioners extended from 1st October to 31st December 2020 The timeline for submission of life certificates for pensioners has been extended from 1st October to 31st December 2020. In a tweet, Minister of State for personnel Dr Jitendra Singh said, the decision to extend the timeline for submission of life … Read more
The point of dispute is with percentage of special allowance which is almost certain to increase from its existing 7.75%, 9% and 10%. This clearly exposes the design of IBA to deny merging special allowance with basic pay as “subjudice‟ matter. Now, IBA did not find any problem in increasing the percentage pushing it further … Read more
AIPCIN (BY 2016) for September 118 The new series of Consumer Price Index for Industrial Workers Base Year 2016=100 is started from the month of September 2020 with official announcement. The series of AICPIN is an important aspect to calculate Dearness Allowance and Dearness Relief for Central Government employees and Pensioners respectively. The new series … Read more
The CPI-IW is the single most important price statistics, which has financial implications. It is primarily used to regulate the dearness allowance of government employees and the workers in the industrial sectors Sh. Santosh Gangwar releases revised Consumer Price Index for Industrial Workers (CPI-IW) based on new series 2016=100 from the existing 2001=100 CPI-IW with … Read more