CBDT notifies Income Tax Return Forms for Assessment Year 2018-19 05 APR 2018 The Central Board of Direct Taxes(CBDT) has notified Income Tax Return Forms (ITR Forms) for the Assessment Year 2018-19. For Assessment Year 2017-18, a one page simplified ITR Form-1(Sahaj) was notified. This initiative benefited around 3 crore taxpayers, who have filed their […]
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Clarification regarding applicability of standard deduction to pension received from the former employer
Clarification regarding applicability of standard deduction to pension received from the former employer Press Information Bureau Government of India Ministry of Finance 05-April-2018 Clarification regarding applicability of standard deduction to pension received from the former employer The Central Board of Direct Taxes (CBDT) has clarified that the pension received by a taxpayer from his former […]
Equal pay for daily wagers contract labourers and regular employees
Equal pay for daily wagers contract labourers and regular employees GOVERNMENT OF INDIA MINISTRY OF LABOUR AND EMPLOYMENT RAJYA SABHA STARRED QUESTION NO-346 ANSWERED ON-28.03.2018 Equal pay for daily wagers contract labourers and regular employees 346 . Dr. Satyanarayan Jatiya (a)the policy of “equal pay for equal work” and the effective measures taken for the […]
Class X and Class XII examination Issue – Constituted a High Powered Committee
HRD Ministry constitutes a High Powered Committee to examine the system of conducting Class X and Class XII examination to prevent leakages The Ministry of Human Resource Development has constituted a High Powered Committee to examine the entire system of conducting Class X and Class XII examination conducted by the CBSE with a view to […]
Enhancement of Gratuity Limit 10 to 20 lakhs
Enhancement of Gratuity Limit 10 to 20 lakhs Press Information Bureau Government of India Ministry of Labour & Employment 04-April-2018 Enhancement of Gratuity Limit The Government has issued Notification the same day wherein gratuity limit has been increased from Rs.10 lakhs to Rs.20 lakhs under the Payment of Gratuity Act, 1972. The Government has also […]