CBDT's Update on Processing Refund Claims: Extended Deadline The Central Board of Direct Taxes (CBDT) has recently issued an order regarding the processing of refund claims under the Income-tax Act, 1961. This order highlights the extension of the … [Continue reading] about CBDT Extends Timeframe for Processing Refund Claims
The Department of Personnel and Training (DoPT) has recently made some modifications to the instructions on booking air tickets for government employees in respect of Leave Travel Concession (LTC). These modifications aim to address the concerns … [Continue reading] about Modifications in Instructions on Booking of Air Tickets on Government Account in Respect of Leave Travel Concession (LTC)
Dearness Allowance 2024 Dearness Allowance (DA) is an important component of the salary for government employees in India. It is a cost of living adjustment allowance that is calculated as a percentage of the basic salary to mitigate the impact of … [Continue reading] about Expected Dearness Allowance From January 2024
The Ministry of Railways has recently issued a letter, dated 17.10.2023, regarding the revision of the rate of Variable Dearness Allowance (VDA) for contract workers engaged in various employment activities. This revision will be effective from … [Continue reading] about Revision of Variable Dearness Allowance (VDA) for Contract Workers
The Consumer Price Index (CPI) is an important economic indicator that measures changes in the average prices of goods and services purchased by households over time. It is widely used by governments, businesses, and individuals to track inflation … [Continue reading] about Understanding the Consumer Price Index: A Guide for Consumers