Archives for February 2011

Exemption Limit for Individual Tax Payers Raised to Rs.1,80,000 Qualifying age for Senior Citizens Lowered to 60 Years Senior Citizens above 80 Years to Get Exemption upto Rs. 5,00,000 The exemption limit for the general category of individual tax payers has been enhanced to Rs. 1,80,000 from Rs. 1,60,000 in the General Budget 2011-12, presented by the Union Finance … [Read more...] about 80 years and above, eligible for a higher income tax exemption limit of Rs. 5,00,000

Office fo The Controller General of Defence Accounts Ulan Batar Road, Palam, Delhi Cantt - 110010 CIRCULAR No.AT/IV/4462/PC-XX Dated 01st Feb' 11 All PCsDA/CsDA PC of A (Fys) Kolkata Sub:- Clarification … [Read more...] about Clarification on regular TA/DA on Permanent Transfer

All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of January, 2011 increased by 3 points and stood at 188 (one hundred and eighty eight).  During January, 2011, the index recorded an increase of 11 points each in Bhopal and Jamshedpur centres, 10 points each in Amritsar, Bangalore and Chandigarh … [Read more...] about All india Consumer Price index Numbers for industrial workers on base 2001=100 for the month of January, 2011

Finance Minister Pranab Mukherjee is likely to give tax concessions to the salaried class and offer incentives to farmers in his Budget 2011-12 Monday to give relief from high prices and keeping an eye on elections in five states. It is widely expected that the Budget will raise the income tax exemption limit to Rs 1.80 lakh from the current Rs 1.60 lakh per annum. The … [Read more...] about Pranab may dole out tax sops to salaried class, farmers