Mumbai, Jun 17 The Bombay High Court today said if the government did not fill all the existing vacancies in the posts reserved for disabled by June 30, it would consider freezing the recruitment even in the general category. The division bench of acting Chief Justice J N Patel and Justice S C Dharmadhikari, which […]
DOPT-ORDER/Extension of Risk Allowance
No.21012/01/2008-Estt.(Allowance)Government of IndiaMinistry of Personnel, P.G. & PensionsDepartment of Personnel & Training***** New Delhi, dated 16th June, 2010. OFFICE MEMORANDUM Subject:- Extension of Risk Allowance . With reference to the decision of the Government to withdraw Risk Allowance w.e.f. 1.4.2009 and replace it with the Risk insurance scheme after consultation with Staff Side, a general […]
Revised DTC proposal may boost National Pension Scheme’s popularity
The revised proposal in the Direct Taxes Code (DTC) to scrap taxes on withdrawals from the New Pension Scheme (NPS) may boost its popularity, but investment advisors will wait for the final norms to consider recommending this product to clients. The main reason for this scepticism is that, going by the current proposals, the product […]
No HRA if employee is illegal occupant: Delhi High Court
The Delhi High Court has held that no house rent allowance (HRA) will be given to an employee if he has occupied the premises illegally. “If the employees in spite of unauthorisedly occupying the accommodation of the employer are also held entitled to HRA, it would tantamount to allowing them to profiteer from the same […]
REVISED DISCUSSION PAPER ON THE DIRECT TAXES CODE JUNE 2010
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‟ […]