Department of Health and Family Welfare, Ministry of Health and family welfare has formulated certain guidelines for Private empaneled hospitals and UTI Infrastructure Technology and Services Limited (UTIITSL)
The Direct Tax Code (DTC) is in the offing. The bill for this new income tax statue might be introduced in the parliament this winter. Once DTC is in place the income tax act and rules will no longer exist.
The New Pension Scheme (NPS) subscribers to the tier I account have the option to activate the tier II account to build bigger savings.
Income Tax Department has come up with a compendium for determining income tax liability of a salaried employee and deduction of the same by the respective employer in the form of circular No:5/2011, dated 16.08.2011.
In view of recent fire accident in a private hospital at Kolkata, department of health and family welfare has taken the decision making fire audit compulsory for all private hospitals and diagnostic centers empanelled under CGHS. The following Office Memorandum provides the details regarding the same.
As recommended by National Commission for Religious and Linguistic Minorities creation of a sub-quota for minorities from within the reservation of 27% available to OBCs, in Government employment, Government has decided to provide sub-quota of 4.5% for minorities,
We lanuched an online calculator for estimating the Income Tax rebate under Section 89(1) for the arrears of pay and allowance received by an employee in the year 2009 as we thought that it will be very useful for gconnect readers
The government has secured the support of BJP on the bill to reform the pension sector by agreeing to the main opposition’s demand that the scheme offer a minimum assured return and foreign investment be capped at 26%.
Agenda items for next meeting of the National Anomaly Committee (NAC) has been released by DOPT. Next Meeting of NAC will be convened on 05.01.2012.
These are frequently asked questions relating to Central Civil Services Pension.
Needless to say, one of the best tax management practices to reduce personal income tax liability, is to avail deduction of interest paid on housing loan.
The institutional architecture for NPS could not be operationalised by the Interim Pension Fund Regulatory and Development Authority (PFRDA), for the period from 1.1.2004 to 31.03.2008 and therefore, the contribution for the Government employees under the NPS during this period could not be invested in the market.