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Income tax

New Tax Regime and TDS Deduction: Circular No. 04 of 2023

April 13, 2023 by Eliza Leave a Comment

Circular No. 04 of 2023, issued by the Central Board of Direct Taxes in India, provides clarification regarding the deduction of tax deducted at source (TDS) on salary income under section 192 of the Income-tax Act, 1961

Filed Under: CGE Latest News, Income tax, Recent govt orders

Central Government introduces New rules for PFRDA Salaries & Allowances

March 28, 2023 by Eliza Leave a Comment

The PFRDA (Salary and Allowances Payable to, and Other Terms and Conditions of Service of, Chairperson and Whole-time Members) Amendment Rules, 2023 have been issued by the Ministry of Finance, Department of Financial Services, on March 22, 2023

Filed Under: CGE Latest News, Ministry of Finance, PFRDA NEWS

Assessment and regularization of Income Tax for the FY 2023-2024

March 21, 2023 by Eliza Leave a Comment

Regarding assessment and regularization of Income Tax for the Financial Year 2023-2024 (Assessment Year 2024-2025)

Filed Under: CGE Latest News, DEFENCE, Income tax, Recent govt orders

FCI Issues Circular on Income Tax Implications for NPS

March 6, 2023 by Eliza Leave a Comment

The Food Corporation of India (FCI) has issued a circular on February 13, 2023, providing clarification on the provisions under the Income Tax Act of 1961 related to the National Pension System

Filed Under: CGE Latest News, Income tax, NPS, Recent govt orders

Notification on Calculating Income Tax on GPF Accumulation

February 28, 2023 by Eliza Leave a Comment

The Office of CGDA has issued a circular regarding the deduction of income tax on the interest earned on GPF subscriptions exceeding Rs. 5 lakhs during the financial year 2021-22.

Filed Under: CGDA Orders, CGE Latest News, GPF, Income tax, Recent govt orders

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