Highlights of Interim Budget 2014-15 ONE RANK ONE PENSION ACCEPTED FOR DEFENCE SERVICES. FISCAL DEFICIT FOR 2013-14 WILL BE 4.6 PERCENT OF GDP. CURRENT ACCOUNT DEFICIT (CAD) WILL BE PEGGED TO$45 BILLION. FOOD INFLATION STILL THE MAIN WORRY. DECLINES SHARPLY FROM 13.6 PERCENT TO 6.2 PERCENT. IN THE CURRENT YEAR, AGRICULTURE GROWTH UP AT 4.6 … Read more
Direct Taxes Code for public discussion The Direct Taxes code (DTC) is ready and it will be placed on the website for a public discussion Direct Taxes Code (DTC) to be put on the website of the ministry for public discussion While presenting the Inerim Budget 204-15 in Parliament, Finance Minister P.Chidambaram said the Direct … Read more
No income Tax on Salaried Class – BJP ‘BJP vision panel may propose no income tax on salaried class’ Senior BJP leader Subramanian Swamy today said his party’s vision committee might propose either “no income tax” on the service class or give full tax exemption on their net savings. “The party’s vision committee headed by … Read more
Latest news on Retirement Age to 62 – Proposal for raising Retirement Age to 62 waits for Cabinet Nod Proposal for raising Retirement Age to 62 waits for Cabinet Nod We have heard it so many times . Every one of us got tired of hearing this rumour again and again. But this time this … Read more
50% DA MERGE OR INTERIM RELIEF FOR CENTRAL GOVERNMENT EMPLOYEES As everyone knows the Central Government has constituted the 7th Pay Commission and named its Chairmen recently. The decision of the government to constitute the 7th CPC has triggered many expectations among the central government employees. Among them was the merger of 50% DA with … Read more
Employment News Weekly Job Highlights from 15th to 21st Feb 2014 Job Highlights new icon ( 15th – 21th February 2014) 1. Headquarters Southern Naval Command, Kochi Name of Post – Chargeman, Library and Information Assistant, Electronic Fitter etc. No. of Vacancies – 110, Last Date – 21 days after publication 2. Dayal Singh Collage, … Read more
Defence forces to get special hearing from 7th pay panel NEW DELHI: The armed forces are finally in for a special hearing, with the Centre likely to separately deal with issues pertaining to their service conditions and payment structures in the 7th Central Pay Commission. The Union government, however, has not accepted the demand for … Read more
Justification to Scrap New Pension Scheme – AIRF submitted to Finance Minister AIRF has submitted Material Justification for the Abolition of New Pension System this will be sent to Hon’ble Finance Minister through Hon’ble Railway Minister. Justification to Scrap New Pension Scheme AIRF ALL INDIA RAILWAYMEN’S FEDERATION No.AIRF/24/(C) Dated : February, 2014 The Executive Director, … Read more
Clarification regarding scope of additional income-tax on distributed Income under section 115R of the Income-tax Act -regarding. Circular No. 6 /2014 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated the 11th of February, 2014. Subject: – Clarification regarding scope of additional income-tax on distributed … Read more
Representation of SC, ST, OBC, Minorities and the Women on Selection Board / Committees – Dopt Orders F.No.42011/2/2014-Estt.(Res) Government of India Ministry of Personnel, Public Grievances & Pensions Department of Personnel &Training New Delhi, dated the 13th February, 2014 OFFICE MEMORANDUM Subject: Representation of SC, ST, OBC, Minorities and the Women on Selection Board / … Read more