Press Information Bureau Government of India Ministry of Personnel, Public Grievances & Pensions 27-April-2016 13:59 IST Shortage of staff in CIC Out of total 160 sanctioned posts in various categories in the Central Information Commission (CIC), 38 posts had been filled up by regular officers and staff through deputation and direct recruitment. Balance posts have […]
PIB NEWS
Changes in NPS
Press Information Bureau Government of India Ministry of Labour & Employment 27-April-2016 16:52 IST Changes in NPS The Government has proposed the following in the Finance Bill, 2016 with regard to the National Pension System (NPS): i. Allowing 40 per cent of the NPS corpus tax exempt on lump sum withdrawal. ii. Waiving service tax […]
Government Decides to withdraw the 10th February 2016 Notification with Immediate Effect
Government Decides to withdraw the 10th February 2016 Notification with Immediate Effect Government had issued a notification dated 10th February 2016 regarding rules for withdrawal from EPF Funds by the members. Under the revised rules, the employee was permitted to withdraw the employees’ share from the fund (which is 12% of the wages). However, it […]
Railway Minister directs to develop an online system for grievance redressal of both serving as well as retired Railwaymen
Railway Minister directs to develop an online system for grievance redressal of both serving as well as retired Railwaymen Press Information Bureau Government of India Ministry of Railways Dated: 19-April, 2016 Railway Minister directs to develop an online system for grievance redressal of both serving as well as retired Railwaymen. The system called NIVARAN to come […]
Limit of Deduction of Rent Increased from Rs.24,000 to Rs.60,000
Limit of Deduction of Rent Increased from Rs.24,000 to Rs.60,000 100% Deduction of Profits for 3 out of 5 Years for Start-Ups Withdrawal upto 40% of the Corpus to be Tax-Free at the time of Retirement Deduction of Additional Interest of Rs.50,000 Per Annum for First-Time Home buyers New Dispute Resolution Scheme to be Introduced […]