10D Life Insurance Policy Guidelines - Circular No. 15 of 2023 According to Circular No. 15 of 2023, there are specific guidelines outlined under clause (10D) for the sum received from a life insurance policy under Section 10 of the Income-tax Act, … [Read more...]
Rate of Exchange for Tax Deduction – Income-tax (17th Amendment) Rules, 2023
Income-tax 17th Amendment Rules 2023 - Foreign Currency Tax Rate According to the Income-tax (Seventeenth Amendment) Rules of 2023, a set of regulations that govern taxation, there is a specific rate of exchange that is used for the purpose of … [Read more...]
Income Tax Rules 2023: Life Insurance Policy Tax Computation
Income Tax Amendment Rules 2023: Life Ins. Policy Income Tax The Income Tax Amendment (Sixteenth Amendment) Rules of 2023 provide guidance on the computation of income tax for sums received under a life insurance policy. These rules outline the … [Read more...]
Grant of Notional Increment for Pensionary Benefits – Railway Board
Grant of Notional Increment (as due on 1st July/1st January) for the pensionary benefits to those employees who had retired on 30th of June In order to provide pensionary benefits, the Railway Board has granted notional increment to the applicants. … [Read more...]
Early Disbursement of Salary to CG Employees Due to Onam and Ganpati Festival
Early Disbursement of Salary and Pension to CG Employees and Pensioners Due to Onam and Ganpati Festival The disbursement of salary, wages, and pension to the Central Government employees and pensioners in the states of Kerala and Maharashtra is … [Read more...]
Benefits of third pay revision to MTNL employees
Advantages of the third pay revision for employees of MTNL According to the current guidelines from the Department of Public Enterprises (DPE), specifically outlined in the DPE Office Memorandum issued on August 3, 2017, the revised pay scales will … [Read more...]
Is the Central Government contemplating the possibility of increasing the minimum pension?
Minimum Family Pension of Rs.9000 Under Central Govt. - DoP&PW As of now, the minimum pension and family pension under the Central Government stands at rupees 9000 per month. The Department of Pension and Pensioners' Welfare (DoP&PW) has … [Read more...]
Extension of Deemed Deputation Period for OFB Employees
Extension of Deemed Deputation Period for Erstwhile OFB Employees The government has announced an extension of the deemed deputation period for employees of the erstwhile Ordnance Factory Board (OFB) in seven new Defence Public Sector Undertakings … [Read more...]
Kerala CG Employees and Pensioners to Get Pension and Salary Before Onam 2023
Disburse Salary and Pension to Kerala CG Employees and Pensioners Before 29.08.2023 In a recent announcement, the Confederation has shared exciting news for Kerala Central Government employees and pensioners. The disbursement of salary and pension, … [Read more...]
Digital Life Certificate Campaign 2.0 | How to submit your Life certificate through Face Authentication Technology?
Nation-wide Digital Life Certificate Campaign 2.0 | Nov 1-30, 2023 The Nation-wide Digital Life Certificate Campaign 2.0, scheduled to take place from November 1st to November 30th, 2023, is an extensive initiative aimed at ensuring the smooth … [Read more...]
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