The government of Tripura has announced the release of a further installment of Dearness Relief @ 12% over the basic pension/basic family pension. The total quantum of Dearness Relief payable to the State Government pensioners and family pensioners will now be 20% with effect from December 1, 2022. The Pension Disbursing Authorities are authorized to calculate and disburse … [Read more...] about Further Installment of DR Announced by Tripura Government
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Ministry of Finance
12% DA for Tripura Government Employees
The Tripura government has announced a further installment of Dearness Allowance (DA) at 12% over basic pay for state government employees effective from December 1, 2022. The total quantum of DA payable to state government employees will now be 20% over basic pay. The DA is a separate element of remuneration and will not be treated as pay within the ambit of FR 9(21). The rate … [Read more...] about 12% DA for Tripura Government Employees
New Guidelines for Partial Withdrawal of NPS Contributions in Tripura
The Government of Tripura's Department of Finance has issued a memorandum regarding the partial withdrawal of NPS contribution. The memorandum encloses a circular from the Pension Fund Regulatory and Development Authority (PFRDA) regarding the procedure to be followed by subscribers for partial withdrawal of their contribution. The State Nodal Officer for NPS in the Finance … [Read more...] about New Guidelines for Partial Withdrawal of NPS Contributions in Tripura
Finance Bill 2023 – Rate of Income taxes
FINANCE BILL, 2023PROVISIONS RELATING TO DIRECT TAXES Introduction The provisions of Finance Bill, 2023 (hereafter referred to as “the Bill”), relating to direct taxes seek to amend the Income-tax Act, 1961 (hereafter referred to as ‘the Act’), to continue reforms in direct tax system through tax reliefs, removing difficulties faced by taxpayers and rationalization of … [Read more...] about Finance Bill 2023 – Rate of Income taxes
Union Budget 2023-24 Highlights
Highlights of the Budget presented by Smt. Nirmala Sitharaman Ministry of Finance HIGHLIGHTS OF THE UNION BUDGET 2023-24 01 FEB 2023 The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament today. The highlights of the Budget are as follows: PART A · Revised Estimates … [Read more...] about Union Budget 2023-24 Highlights
Income-tax (7th Amendment) Rules, 2022 – CBDT
Notification of Income-tax (Eleventh Amendment) Rules, 2022 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 29th April, 2022 G.S.R. 325(E).-In exercise of the powers conferred by sub-section (8A) of section 139 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the … [Read more...] about Income-tax (7th Amendment) Rules, 2022 – CBDT
Violation of faceless assessment procedure by IT officials
Rajyasabha Q&A : Violation of faceless assessment procedure by IT officials GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUE RAJYA SABHA UNSTARRED QUESTION NO. 2127ANSWERED ON TUESDAY, THE 22ND MARCH, 2022 VIOLATION OF FACELESS ASSESSMENT PROCEDURE BY IT OFFICIALS 2127. SHRI LUIZINHO JOAQUIM FALEIRO:Will the Minister of FINANCE be pleased to state: (a) the … [Read more...] about Violation of faceless assessment procedure by IT officials