Example 1 For Assessment Year 2013-14 (A) Calculation of Income tax in the case of an employee below the age of sixty years and having gross salary income of: (i) Rs. 1,50,000/-, (ii) Rs.2,00,000/-, (iii) Rs.5,00,000/-, (iv) Rs. 10,00,000/-and (v) Rs.20,00,000/-. (B) What will be the amount of TDS in case of above employees, if […]
Rates Of Income-Tax|"Salaries" For The Financial Year 2012-13
RATES OF INCOME-TAX AS PER FINANCE ACT, 2012: As per the Finance Act, 2012, income-tax is required to be deducted under Section 192 of the Income-tax Act 1961 from income chargeable under the head "Salaries" for the financial year 2012-13 (i.e. Assessment Year 2013-14) at the following rates: 2.1 Rates of tax A. Normal Rates […]
EPFO-Approval of Group Term Insurance Plan
Employees’ Provident Fund Organisation (Ministry of Labour, Govt- Of India) Head office To All Addl. Central PF Commissioners (Zones), All Regional PF Commissioners (OIC ROsiSR0s) Subject: Approval of Group Term Insurance Plan issued by M/s Shriram Life Insurance Company Limited for issuance in lieu of the Employees’ Deposit Linked Insurance Scheme, 1976. Sir, The Central […]
CGEWHO-Mohali (Ph-III) Housing Project: Invitation for Expression of Interest
CENTRAL GOVERNMENT EMPLOYEES WELFARE HOUSING ORGANISATION 6th Floor, ‘A’ Wing, Janpath Bhawan, Janpath, New Delhi — 110001. INVITATION FOR EXPRESSION OF INTEREST (EOI) Central Government Employees Welfare Housing Organisation (CGEWHO) intends to appoint an Architectural Consultancy firm for execution of its housing project at Mohali (Phase- III), Sector-79, S.A.S. Nagar, Mohali. Chief Executive Officer, CGEWHO […]
The allottees of General Pool Residential Accommodations – DOs and DON’Ts
Ministry of Urban Development Directorate of Estates ADVISORY TO THE ALLOTTEES OF GENERAL POOL RESIDENTIAL ACCOMMODATION (GPRA) A. DOs 1. The allottee shall maintain a good standard of cleanliness of the house/premises. 2. The outlets of wash basins and floor traps shall be maintained clean and free from leftovers so as to prevent clogging. 3. […]