Income tax Calculation Example for Salary Employees 2023-24

Income tax Calculation Example 1 For Assessment Year 2023-24 – Example 1 (A) Calculation of Income tax in the case of an employee (Male or Female) below the age of sixty years and having gross salary income of: i) Rs.2,50,000/- , ii) Rs.6,00,000/- , iii) Rs.10,50,000/- iv) Rs.55,50,000/-. and v) Rs. 1,10,50,000/- (B) What will … Read more

Income-Tax Deduction From Salaries 2022-23 PDF

CIRCULAR NO: 24/2022 F. No. 275/15/2022-IT(B)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes North Block, New DelhiDated the 7th Dec, 2022 SUBJECT: INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2022-23 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961. Reference is invited to Circular No. 04/2022 dated 15.03.2022 whereby the rates of … Read more

Framing /amendment /relaxation of Recruitment Rules

No.DOPT-1668752814415 Government of India Ministry of Personnel, Public Grievances & Pensions Department of Personnel and Training ESTT.(Estt. RR-I) North Block, New Delhi Dated 18 November, 2022 OFFICE MEMORANDUM Subject:- Guidelines for framing/amendment /relaxation of Recruitment Rules The undersigned is directed to state that the consolidated guidelines/instructions for framing/amendment /relaxation of Recruitment Rules have been issued … Read more

Grant of notional increment on 1st July 1st January to the central government employees

Dy.No.2455223/22-Estt. (Pay-I)Government of IndiaMinistry of Personnel, Public Grievances & Pensions(Department of Personnel & Training)Establishment (Pay-I) Section North Block, New DelhiDated 22 November, 2022 OFFICE MEMORANDUM Subject: Representations seeking notional increment and revision of consequential pensionary benefits -reg. The undersigned is directed to refer to your emails dated 20.08.2022, 30.08.2022, 07.09.2022, 12.09.2022 and 09.11.2022 regarding the … Read more

Holi holiday on March 8, 2023

Holi, also known as the Festival of Colors, is a spring festival celebrated by Hindus all over the world. It falls on the full moon day of the Hindu calendar month of Phalguna, which this year is Wednesday, March 8, 2023. The celebration of Holi signifies the victory of good over evil and the arrival … Read more