Regarding the rates of deduction of Income-tax from the payment of income chargeable under the head “Salaries” during the financial year 2021-22
Ministry of Finance
Union Budget Highlights 2022-23
he Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament
Admissibility of Composite Transfer Grant (CTG) on Retirement
No.19030/1/2017- E.IVGovernment of IndiaMinistry of FinanceDepartment of Expenditure North Block, New Delhi, Dated the 6th January, 2022 OFFICE MEMORANDUM Subject : Admissibility of Composite Transfer Grant (CTG) on Retirement. References have been received in Department of Expenditure seeking clarification on admissibility of Composite Transfer Grant (CTG) in r/o Central Government employees on settlement after Retirement […]
Income Tax Department conducts searches in Rajasthan
Income Tax Department conducts searches in Rajasthan The Income Tax Department carried out search and seizure operations on 22.12.2021 on two groups and their business entities. One group is engaged in the business of manufacturing electrical switches, wires, LEDs, real estate and hotel business in Rajasthan, Maharashtra and Uttarakhand whereas, the other group is engaged […]
Income Tax Department conducts searches in Maharashtra
Income Tax Department conducts searches in Maharashtra The Income Tax Department carried out search and seizure operations on 22.12.2021 on two business groups of Nandurbar and Dhule districts of Maharashtra. These groups are engaged in the business of civil construction and land development. The search operation covered more than 25 premises spread across Nanndurbar, Dhule […]