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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
Today the Union Cabinet Committee given its approval on PLB Bonus and Ad hoc Bonus for Central Government Employees for the year 2020 Bonus for Non-Gazetted Officers The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB) for the year 2019-2020 to 16.97 lakh … Read more
Clarification regarding queries being received in respect of Special cash package equivalent in lieu of Leave Travel Concession Fare for Central Government Employees during the Block 2018-21 LTC Special Cash Package Scheme FAQ No 1 – Click to read LTC Special Cash Package Scheme FAQ No 2 – Click to read LTC Special Cash Package … Read more
Latest List of 12% and above GST Goods and Services Recently the Government of India announced a Special Voucher Cash Benefit Scheme for Central Government Employees in lieu of Leave Travel Concession. In the new reimbursement scheme, employees could get reimbursement on any expenses of buying 12 percent and above GST goods and services. Here … Read more