Corporate-CG scheme w.e.f. 01-11-2012 under New Pension Scheme – Corrigendum. The existing corporates under CG scheme are allowed a time period of 60 days from 1st Nov 2012 i.e. up to 31st December 2012 to choose any one PFM for shifting their assets. However, the investment management fee would be the same as the fee applicable to the NPS schemes under Private Sector as per the extant guidelines
Posts that have remained vacant for more than a year shall not be revived except under very rare and unavoidable circumstances and after seeking clearance of the Dept. of Expenditure
The Director General of Income Tax (System) as per powers assigned to it under clause (ii) of Para 14 read with clause (7) of Para 4 of the ‘Centralized Processing of Returns Scheme, 2011. issued as per C B D T Notification No. SO16(E) dated 4.1.2012, has decided to extend the time limit for filing ITR-V forms relating to Income Tax Returns filed electronically
New E-Filing Project Conceptualized to take the E-Services to the Next Generation; in order to make the New Portal Live, E-Filing Services to the Tax Payers through the Existing Portal will not be available from 3rd November to 8th November, 2012.
Instructions issued vide O.M. No. 22012/1/99-Estt. (D) dated 25.10.2004 based on the O.M. No. 22011/4/1991-Estt. (A) dated 14.09.1992 (issued on the basis of procedure laid down by Supreme Court in K.V. Jankiraman case AIR 1991 SC 2010) makes it clear that vigilance clearance for promotion may be denied only in the following three circumstances:-
Renewal of recognition of Himalayan Institute Hospital Trust, Swami Ram Nagar, Jolly Grant, Dehradun (Uttrakhand) for treatment of Central Government employees under CS(MA) Rules, 1944.
Air India has released Air India LTC-80 Fares with effect from 25.10.2012
To keep a tighter check on investments, the pension regulator has decided to appoint auditors for the pension fund managers (PFMs) and schemes of the National Pension System (NPS). Fund managers will also be expected to make full disclosure of scheme-wise investments on their websites.
Holiday Home at Mysore: Suspension of Booking for two more months (from 16.10.2012 to 31.12.2012)
Festival advance for state government employees has been increased from Rs. 2,000 to Rs 5,000, Chief Minister Jayalalithaa told the Assembly on Thursday.
Once Direct Tax Code bill is passed in the Parliament, Income tax payers in the initial slabs viz., persons with the income of up to Rs. 3 lakhs and income from Rs.3 to 10 lakhs as Finance Minister Mr.P.Chidambaram has assured ia press conference conducted recently to the effect that Government would abide by the recommendations of Parliamentary Standing Committee on Direct Tax Code for the purpose of tax structure and personal income tax exemptions under Direct Tax Code.
Extension of grant of eligibility for allotment of Govt. accommodation to the Debt Recovery Tribunals (DRT’s) and Debt Recovery Appellate Tribunals (DRAT’s)