REVISED DISCUSSION PAPERONTHE DIRECT TAXES CODEJUNE 2010 Central Board of Direct TaxesDepartment of RevenueMinistry of Finance CHAPTER II TAX TREATMENT OF SAVINGS – EXEMPT EXEMPT TAX (EET)VIS-À-VIS EXEMPT EXEMPT EXEMPT (EEE) BASIS 1. Chapter-XII of the Discussion Paper on the Direct Taxes Code (DTC) deals with tax incentives for savings. It proposes the “Exempt-Exempt-Taxation‟ […]
Pay Rules
Scheme announces Kolkata (Ph-II) housing scheme with 13th Aug 2010 as the last date for applying
GEWHO – Announces Kolkata (Phase – II) Housing Scheme. This site is located near Kolkata Airport on Belghoria Expressway. Applications are invited from the eligible categories under Prioriy I and II. SALE OF APPLICATIONS: Interested applicants may obtain the ‘CGEWHO Rules’ brochure on payment of Rs. 100/- in cash or through Bank Draft in favour […]
Travelling Allowance Rules – Implementation of the Sixth CPC(Dated 11th June, 2010)
F.No.19030/32008=E.IV Government of India Ministry of Finance Department of Expenditure E.IV Branch New Delhi, the 11thJune, 2010 OFFICE-MEMORANDUM Subject: Travelling Allowance Rules – Implementation of the Sixth Central Pay Commission. ****** The undersigned is directed to invite a reference to this Ministry’s OM of even number dated 23.9.2008 vide which revised TA/DA Rules as per […]
Allow insurance, pension funds in debt market: panel
To provide a push to infrastructure development, a committee under Housing Development Finance Corporation Chairman Deepak Parekh has suggested amending the rules to allow all insurance and pension funds to invest in the debt market. It has endorsed the earlier idea of the Planning Commission to form a Rs 50,000-crore debt fund to finance infrastructure. […]
Finance Minister dedicates the centralized processing center (CPC) of the Income Tax Department, Bengaluru to the Nation
The introduction of electronic filing of I-T returns, e-payment of taxes, establishment of the national network (TAXNET), and consolidation of the Regional Computer Centers into the National Data Center have laid the foundation for the next generation administrative reforms in the Income Tax Department. The recent notification of the SARAL II form by the Department […]