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Income Tax

Tax benefit available under National Pension System (NPS) – AIRF

April 15, 2016

Tax benefit available under National Pension System (NPS) – AIRF GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) RBE No. 31/2016 No 2012/F(E)III/1(1)/4 Dated: 07.04.2016 The GMs/FA&CAOs, All Indian Railways/Production Units/RDSO. (As per … [Read more...] about Tax benefit available under National Pension System (NPS) – AIRF

Request to Taxpayers to Avail Facility for Online Rectification

April 3, 2016

Request to Taxpayers to Avail Facility for Online Rectification Income-tax Act provides the taxpayer with an option to seek rectification of mistakes apparent from record under section 154 of the Act. The e-filing portal of the Income Tax Department provides the utility for online filing and … [Read more...] about Request to Taxpayers to Avail Facility for Online Rectification

Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax

March 23, 2016

Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax Information regarding interest earned by individuals and business entities on term deposit is filed with the Income Tax Department by banks including co-operative banks and other financial institutions and State … [Read more...] about Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax

Income Tax benefit available under National Pension System – PFRDA

March 22, 2016

Income Tax benefit available under National Pension System – PFRDA Tax benefit available under National Pension System (NPS) PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY B- 14/A, Chhatrapati shivaji Bhawan Qutab Institutional Area, Katwaria Sarai, New Delhi – 110 016 Phone: … [Read more...] about Income Tax benefit available under National Pension System – PFRDA

Ration Money Allowance should be exempt from Income Tax – 7th CPC Report

March 14, 2016

Ration Money Allowance should be exempt from Income Tax – 7th CPC Report Ration Money Allowance (RMA) : Ration Money Allowance (RMA) is paid to all personnel of Defence forces and nongazetted personnel of CAPFs, Delhi Police, IB, A&N police and such personnel of Indian Reserve Battalions (IRBn) … [Read more...] about Ration Money Allowance should be exempt from Income Tax – 7th CPC Report

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