All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of April, 2010 remained stationary at 170 (one hundred and seventy). During April, 2010, the index recorded an increase of 4 points in Bangalore centre, 3 points each in Tripura, Rourkela, Asansol, Labac Silchar, Howrah, Durgapur and Mariani Jorhat centres, 2 points in 18 … [Read more...] about All India Consumer Price Index Numbers for Industrial Workers on Base 2001=100 for the Month of April, 2010
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Finance Minister dedicates the centralized processing center (CPC) of the Income Tax Department, Bengaluru to the Nation
The introduction of electronic filing of I-T returns, e-payment of taxes, establishment of the national network (TAXNET), and consolidation of the Regional Computer Centers into the National Data Center have laid the foundation for the next generation administrative reforms in the Income Tax Department. The recent notification of the SARAL II form by the Department would … [Read more...] about Finance Minister dedicates the centralized processing center (CPC) of the Income Tax Department, Bengaluru to the Nation
Environment Relief Fund
The Government of India has enacted the Public Liability Insurance Act, 1991 (amended in1992). The Act provides for immediate relief to persons affected by accidents occurring while handling the notified hazardous substances. Relief is provided in the event of death or injury to persons or damage to private property. For this purpose, the owner of the industrial unit handling … [Read more...] about Environment Relief Fund
Railway Services (Revised Pay) Rules 2008 – Revised Pay scales of Pay – Clarification
GOVERNMENT OF INDIA MINISTRY OF RAILWAYS RAILWAY BOARD RBE No. 75/2010 New Delhi, dated 17-05-2010 S.No. PC-VI/208 No.PC-V/2007/PNM/DC-JCM/1 The General Manager/CAR(O) All Indian Railways & Pus (As per mailing list) Sub: Railway Services (Revised Pay) Rules 2008-Schedule for Revised Pay scales of Pay – Clarification reg. Ref: Board’s letter No. … [Read more...] about Railway Services (Revised Pay) Rules 2008 – Revised Pay scales of Pay – Clarification
Housing Schemes Open for Subscription
Vishakhapatnam Housing Scheme: Scheme announced on 09th Oct 2008 was under-subscribed and, hence, is currently open for GENERAL PUBLIC on FIRST COME – FIRST SERVE basis (subject to payment of Equalisation Charges at the end of project, as per the CGEWHO Rules). Meerut (Ph-I) Housing Scheme was announced during end’ 2007. The scheme was initially fully subscribed and … [Read more...] about Housing Schemes Open for Subscription
Gratuity Act raises unions’ hackles
The Payment of Gratuity (Amendment) Act, 2010, which was passed by Parliament in its last session, has raised the hackles of various trade unions. The Act has raised the maximum limit of gratuity payable to an employee from Rs 3.5 lakh to Rs 10 lakh. Then why are the trade unions angry? It is the date of implementation of the Act, which has annoyed workers engaged in the … [Read more...] about Gratuity Act raises unions’ hackles
New Pension Scheme (NPS) latest news
NEW DELHI: The interim pension regulator has sought tax relief on investments in the New Pension Scheme (NPS) to make it more attractive to employees of private sector firms. The Pension Fund Regulatory and Development Authority (PFRDA) has written to the finance ministry seeking level playing field for NPS with other long-term savings schemes that will get tax … [Read more...] about New Pension Scheme (NPS) latest news