Filing tax returns is an essential task for anyone whose income crosses the basic exemption limit. In order to minimize the tax impact on your income, tax planning is essential and for the same, it is essential to keep a track of the latest developments as it will help you plan your investments wisely. The […]
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All India Consumer Price Index Numbers For Industrial Workers On Base 2001=100 For The Month Of May, 2010
All India Consumer Price Index Number for Industrial Workers (CPI-IW) on base 2001=100 for the month of May, 2010 increased by 2 points and stood at 172 (one hundred and seventy two). During May, 2010, the index recorded an increase of 6 points in Warrangal centre, 5 points in Guntur centre, 4 points in Chennai […]
University teachers to be assessed, graded on performance for promotions and career advancements
University teachers to be assessed, graded on performance for promotions and career advancements From now on, teachers will be graded and assessed annually on their performance and become eligible for promotions and career advancements based on their teaching performance, research work and publication quality. With the University Grants Commission (UGC) today notifying its “Regulations on […]
CBDT Press Release on Tax exemption for gratuity
No.402/92/2006-MC (30 of 2010) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi the 11thJune 2010 PRESS RELEASE The Central Board of Direct Taxes has approved notification of ten lakh rupees as the maximum amount of gratuity entitled to exemption under sub-clause (iii) of clause (10) […]
BSNL – Payment of leave encashment on revised pay to Non-executive employees w.e.f. 1.1.2007.
BHARAT SANCHAR NIGAM LTD. (A Government of India Enterprise) Bharat Sanchar Bhawan, PAT SECTION CORPORATE OFFICE H. C. Mathur Lane, New Delhi-01 OFFICE ORDER (No.12 of 2010) No.1-18/2010-PAT(BSNL) Dated, the 23 -06-2010 Subject: Payment of leave encashment on revised pay to Non-executive employees w.e.f. 1.1.2007. The pay of Non executive employees has been revised w.e.f. […]