INCOME TAX — Page 16 — Central Government Employees Latest News

Government’s Clarification on the Reports that Finance Ministry Pays interest on Excess Tax Refund

February 8, 2014 admin Leave a Comment

Government’s Clarification on the Reports that Finance Ministry Pays intterest on Excess Tax Refund This is with reference to the news report appearing in certain section of media that the Finance Ministry pays Rs.37, 365 cr. in interest on excess … [Read more...]

CBDT Press Release Dated 30.01.2014 on Procedure for PAN Allotment

February 1, 2014 admin Leave a Comment

CBDT Press Release dated 30.01.2014 on procedure for PAN allotment. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated 30th January, 2013 Press Release The CBDT has decided to keep in abeyance the … [Read more...]

Change in procedure for PAN allotment

February 1, 2014 admin Leave a Comment

Change in procedure for PAN allotment. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated 24th January, 2013 Press Release The procedure for PAN allotment process will undergo a change w.e.f.03.02.2014. … [Read more...]

CBDT Press Release on Change in Procedure for PAN Allotment

February 1, 2014 admin Leave a Comment

CBDT Press Release on change in procedure for PAN allotment DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Centre, Ground Floor, E-2, Jhandewalan Extension, New Delhl-110055 F.No: oPAN/l/3/2003/Part Dated: 24.1.2014 Sub: Change in procedure for PAN … [Read more...]

Save Income Tax on the Contribution made by Government in pension fund of NPS Subscribers…

January 20, 2014 admin Leave a Comment

Save Income Tax on the Contribution made by Government in pension fund of NPS Subscribers... Save Income Tax on the Contribution made by Government in pension fund of NPS Subscriber, Refer 5.5.3 Deduction in respect of contribution to pension scheme … [Read more...]

RATES OF INCOME-TAX AS PER FINANCE ACT, 2013

October 18, 2013 admin Leave a Comment

RATES OF INCOME-TAX AS PER FINANCE ACT, 2013 As per the Finance Act, 2013, income-tax is required to be deducted under Section 192 of the Act from income chargeable under the head "Salaries" for the financial year 2013-14 (i.e. Assessment Year … [Read more...]