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Income tax

Recovery of Income Tax for the year 2020-21 (Assessment Year 2021-22)

December 12, 2020 by GEDWEBZIP Leave a Comment

Officials who intend to remain in the old tax regime may please intimate on or before 20¬12-2020 with relevant proof through proper channel. In absence of same Income Tax will be deducted from the Pay and allowances of 12/2020 as per calculation of TULIP system

Filed Under: CGE Latest News, Income tax, PCDA Pension Circular

Income Tax deduction from salaries for the year 2020-21: Circular No. 20/2020

December 7, 2020 by GEDWEBZIP 3 Comments

As per the Finance Act, 2020, income-tax is required to be deducted under Section 192 of the Act from income chargeable under the head “Salaries” for the financial year 2020-21

Filed Under: CGE Latest News, HOT CGNEWS, HOT NEWS, Income tax

Instruct to mark of PPO number in the bank passbook of Pensioners/Family Pensioners

November 26, 2020 by GEDWEBZIP Leave a Comment

Request to instruct all their bank branches dealing with pension payments to record the PPO number in the passbooks of the pensioners/family pensioners issued by them.

Filed Under: CGE Latest News, Ministry of Finance, Recent govt orders

Extension of due date of furnishing of Income Tax Returns and Audit Reports

October 24, 2020 by rajasinghmurugesan 4 Comments

Extension of due date of furnishing of Income Tax Returns and Audit Reports In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government brought the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (‘the Ordinance’) on 31st March, 2020 which, […]

Filed Under: HOT CGNEWS, Ministry of Finance

Grant of Advance Rs.10,000 Special Festival Package to Government Servants

October 12, 2020 by GEDWEBZIP Leave a Comment

The amount of the package is Rs. 10,000/- to be paid as advance to Government servant. This amount is interest free. The amount would be released through pre-loaded Rupay Card from SBI.

Filed Under: CGE Latest News, FINMIN ORDERS, HOT CGNEWS, HOT NEWS, Ministry of Finance, Recent govt orders

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