The “e-Sahyog” project is aimed at reducing compliance cost, especially for small taxpayers. The objective of “e-Sahyog” is to provide an online mechanism to resolve mismatches in Income-tax returns of those assesses whose returns have been selected for scrutiny, without visiting the Income Tax Office.
PM has announced that the no interview will be conducted in case of recruitment for Junior Level Posts. One day workshop scheduled for 29.10.2015 in this issue at Civil Services Officers Institute (CSOI), New Delhi, has been Postponed to 16.11.2015
With a view to simplify the provisions of the Income Tax Act, 1961, a Committee has been constituted. The Committee can also work in Sub-Groups and the draft prepared by the Sub-Groups can then be approved by the whole Committee. The recommendations as possible shall be submitted by 31st January, 2016.
30 days emoluments as Non-PLB (Ad-hoc bonus) for the accounting year 2014-15 to the eligible employees of autonomous bodies, not covered by the Productivity Linked Bonus Schemes.
Railway Board is actively engaged in the launch of unreserved ticketing through mobile phone including paperless ticketing. This will save the paper and time of the passengers.
Ministry of Railways has instructed all zonal offices of Railways to display the reservation chart of the passengers at the entrance of the station atleast 4 hours before the departure of the train. Compliance report to be sent to the Director Passenger Marketing.
In view of difficulties faced by Govt Employees for declaring assets and liabilities as prescribed by Lokpal Govt had extended the last date for filing returns as many as five times
It has now been decided that the Non-PLB (Ad-hoc) bonus so admissible subject to the terms and conditions laid down, may be extended to the employees of autonomous bodies, partly or fully funded by the Central Government which (i) follow the pattern of pay structure and emoluments identical to that of the Central Government and (ii) do not have any bonus or ex-gratia or incentive scheme in operation.
Finance Minister Arun Jaitley today launched two taxpayer friendly measures – eSahyog and PAN camps – with a view to streamlining the taxation procedure.
To simplify income tax laws, the government today set up a committee under a former Delhi high court judge to identify clauses that lead to litigations and suggest modifications to bring predictability and certainty in tax laws.
Although agricultural income is not taxable, it must be included with non-agricultural income in the case of non-corporate assessees who pay tax at prescribed slab rates. Resultantly, the rate of tax on non-agricultural income is higher for such assessees
Department expenditure has issued a reminder to pay arrears of pension to pre-2006 pensioners w.e.f. 01.01.2006 in compliance to the DP&PW OM dated-30.07.2015 at the earliest (preferably within a week). Secretary (Pension) is monitoring the progress of payment of arrears to these pensioners.