Income Tax – PF Withdrawn before 5 years of Continuous Service Taxable

The income tax rules on provident fund withdrawal from Employees Provident Fund Organisation (EPFO) have changed from June 1, 2015. With more than Rs. 6 lakh crore of assets from nearly 8 crore subscribers, the Employees Provident Fund Organisation (EPFO) is one of the world’s largest retirement fund body.

Exemption of Railway Employees from NPS – NFIR demand

National Federation of Indian Railwaymen has requested Railway Minister to exempt Railway employees from NPS and to continue Liberalised Pension Scheme as followed for the employees who joined 01.01.2004. NFIR states that the duties, responsibilities, risk involved, remoteness, arduous and hazardous conditions of railway employee are akin to that of Army Personnel

Verification of Medical reimbursement claims in CGHS – Guidelines

CGHS has issued an OM for speedy reimbursement of the Medical reimbursement. According to the new system the Doctor/Dean of the hospital who is giving the treatment can certify the bills and in case of additional approval is required a team under the Standing Committee chaired by the DGHS /Addl DGHS and subject matter specialists.