Grant of the revised pay structure of grade pay of 4600 IN THE PAY BAND PB-2

GOVERNMENTOF INDIAMINISTRYOF RAILWAYS(Railway Board)*****S.No. PC-VI/173No.PC-VI/2009/I/RSRP/8The GMs/CAOs(R),All Indian Railways & Production Units(As per mailing list)RBE No.226/2009New Delhi, dated 22.12.2009Subject: Grant of the revised pay structure of grade pay ofRs.4600 in the pay band PB-2...

Grant of the revised pay structure of grade pay of 4600 IN THE PAY BAND PB-2

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Filed Under: RAILWAYS

Taxable Income---FAQ

Taxable IncomeTaxable IncomeWhat does the Income Tax Department consider as income? The word Income has a very broad and inclusive meaning. In case of a salaried person, all that is received from an employer in cash, kind or as a facility is considered as income. For a businessman, his net profits will...

Taxable Income---FAQ

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Filed Under: INCOMETAX

INCOME TAX ---IMPORTANT FAQ

A. GeneralWhat is Income Tax? It is a tax imposed by the Government of India on any body who earns income in India. This tax is levied on the strength of an Act called Income tax Act which was passed by the Parliament of India.What do you mean by income earned in India? Income earned in India is not...

INCOME TAX ---IMPORTANT FAQ

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Indian Forest Service Examination, 2009 written part result announced

On the basis of the result of the written part of the Indian Forest Service Examination, 2009 held by Union Service Public Commission in July 2009, 231 candidates have qualified for Interview/Personality TESTThe candidature of all these candidates is provisional subject to their being found eligible...

Indian Forest Service Examination, 2009 written part result announced

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Filed Under: UPSC

Result for CDS Exam ( II ) -2009 announced

The Union Service Public Commission has announced the results of the Combined Defence Services Examination (II)-2009 held in September, 2009. 8591 candidates have qualified for being interviewed by the Service Selection Board of the Ministry of Defence, for admission to (i) Indian Militry Academy, Dehradun...

Result for CDS Exam ( II ) -2009 announced

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Filed Under: CDSE

465 JAO's promoted to AAOs

Tuesday, December 22, 2009The Govt.of India,Minstry of Communications &IT, Steering Group Sanchar Bhawan, vide its order No. 27-7/2009-SEA II dated 21.12.2009 had issued orders promoting 465 JAOs of Postal and Telecom wing as AAO's with effect from 30-12-2009 orthe date of assumption of charge whichever...

465 JAO's promoted to AAOs

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Filed Under: post offices

New Guidelines for giving concessions and facilities to women employees in the Government during 2009

Clarification regarding the file Notings under the Right to Information Act, revised instructions for making the procedure of reporting of ACRs more transparent, successful completion of the 3rd Round of Mandatory Mid-Career Training for IAS Officers and new guidelines for giving concessions and facilities...

New Guidelines for giving concessions and facilities to women employees in the Government during 2009

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Filed Under: WOMEN EMPLOYEES

Grant of the pay structure of grade pay of Rs.4600 in the pay band PB-2 to Assistants of Central Secretairiat Service

GOVERNMENT OF INDIA Ministry of Personnel, Public Grievances & Pensions Department of Personnel & Training 2nd Floor, Loknayak Bhavan, Khan MarketNew Delhi, the 21st December, 2009 OFFICE MEMORANDUMSubject:- Grant of the pay structure of grade pay of Rs.4600 in the pay band PB-2 to Assistants...

Grant of the pay structure of grade pay of Rs.4600 in the pay band PB-2 to Assistants of Central Secretairiat Service

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Filed Under: cpc

Governmentt widens tax net for perks, replaces FBT rule

Employees will now have to pay taxes on perquisites given to them by their employers as the Central Board of Direct Taxes has notified the much-awaited rules for valuation of the benefits. With these rules, the fringe benefit tax (FBT) being paid by employers for giving non-cash benefits, including...

Governmentt widens tax net for perks, replaces FBT rule

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Filed Under: DIRECT TAX

Change in Railway recruitment examination process

Saturday, December 19, 2009In order to make the recruitment process more transparent and fair, it has been decided to hold the examination for a particular category on the same date simultaneously by all the Railway Recruitment Boards (RRBs). A nodal RRB has been nominated for each category. The nodal...

Change in Railway recruitment examination process

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Filed Under: RAILWAYS

Grant of House Rent Allowance to Railway employees

Saturday, December 19, 2009Grant of House Rent Allowance to Railway employees GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) RBE No.218 New Delhi,dated 10.12.2009 No.E(P&A)II-98/HRA-6The General Managers/CAOs,All Indian Railways and Production Units.Subject:Grant of House Rent Allowance...

Grant of House Rent Allowance to Railway employees

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Filed Under: RAILWAYS

Use smart tax-saving tools to maximise returns

An individual can claim a deduction up to Rs 1 lakh U/S 80C of the Income-Tax Act, 1961 (‘Act’) by incurring a certain expenditure or making specified investments. Few of the popular schemes which are generally availed of by the individuals, inter-alia, include the following: Expenditure-related deductions...

Use smart tax-saving tools to maximise returns

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Filed Under: DIRECT TAX

Review of Scheme for Compassionate Appointment in the light of the 6th Pay Commission recommendations

Thursday, December 17, 2009Review of Scheme for Compassionate Appointment in the light of the 6th Pay Commission recommendations GOVERNMENT OF INDIA Ministry of Personnel, Public Grievances & Pensions Department of Personnel & Training New Delhi, dated the 11th December, 2009 Subject:- Review...

Review of Scheme for Compassionate Appointment in the light of the 6th Pay Commission recommendations

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Filed Under: PENSION

CLASSES OF PENSION

Superannuation A superannuation pension shall be granted to a Government servant who is retired on his attaining the age of 60 years. Retiring Pension: A retiring pension shall be granted to a Government servant who retires, or is retired before attaining the age of Superannuation or to a Government...

CLASSES OF PENSION

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Filed Under: PENSION

National Anomaly Committee meeting and decisions

The first meeting of the National Anomaly Committee was held on 12th December, 2009. Secretary (Personnel) chaired the meeting. In the opening remark, Com. Umraomal Purohit drew the attention of the Chairman of the non-functioning of the Departmental Councils in various departments and the consequent...

National Anomaly Committee meeting and decisions

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Filed Under: NAC

Sixth Central Pay Commission's recommendations amendment of Service Rules - regarding

Subject:-Sixth Central Pay Commission's recommendations - amendment of Service Rules - regarding This Department in OM No.AB1401716112008-Estt(RR) dated 24.3.2009 issued the guidelines for amendment of Service RuleslRecruitment Rules for incorporating the changes arising out of 6th CPC recommendations....

Sixth Central Pay Commission's recommendations amendment of Service Rules - regarding

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Filed Under: cpc

Department of posts to distribute new pension system

The Department of Posts, Government of India, has been enlisted as a Point of Presence (PoP) for distribution of the New Pension System (NPS) by Pension Fund Regulatory & Development Authority (PFRDA). The Department of Posts (DOP) would, to start with, make the NPS available at over 800 of its...

Department of posts to distribute new pension system

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Filed Under: NEW PENSION SCHEME

BSNL loses market share by nearly half in three years

One of the reasons for this is that the PSU has followed all norms to award contract for expansion of services. It had floated a tender for adding 93 million GSM lines in mid-2008Defending BSNL's massive loss in market share to just 16.71 per cent now from over 31 per cent in 2006-07, the government...

BSNL loses market share by nearly half in three years

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Filed Under: BSNL

Tax deduction on HRA

Employees generally receive a house rent allowance (HRA) from their employers. This is a part of the salary package. HRA is given to meet the cost of a rented house taken by the employee for his or her stay.The Income Tax Act allows for deduction in respect of the HRA paid to employees . It is to be...

Tax deduction on HRA

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Filed Under: HRA

http://persmin.gov.in/WriteData/CircularNotification/ScanDocument/Pension/FullPension_11122009....

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Want to quit AIIMS for private job? Ask for 2 years' leave

Want to quit AIIMS for private job? Ask for 2 years' leave Doctors who want to quit the All India Institute for Medical Sciences (AIIMS) need to seek leave for a period of two years and vacate their plush quarters, the Valiathan Committee has recommended                                           The...

Want to quit AIIMS for private job? Ask for 2 years' leave

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Filed Under: AIIMS

BHEL to recruit about 4,000 persons annually for 3 yrs

BHEL to recruit about 4,000 persons annually for 3 yrs As part of expansion plans and embarking on certain new joint ventures, public sector BHEL is to recruit about 4,000 persons including executive engineers annually, at least for the next three years, a top company official said today. At present,there...

BHEL to recruit about 4,000 persons annually for 3 yrs

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Filed Under: BHEL

Banks to pay compensation for wrong payment: SC

 The Supreme Court has held that banks are liable to compensate a customer whose money is wrongly paid to another person without verifying the original signature of the account-holder as it amounted to deficiency of service.A bench of Justices D K Jain and T S Thakur said the bank was guilty of...

Banks to pay compensation for wrong payment: SC

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Filed Under: BANKS

Understanding mutual fund investments

I wish to invest in an MF scheme to avail of tax benefits and good returns. My investment horizon is five years. Shailesh Rakhonde Investments in tax-saving mutual funds (referred to as equity-linked savings schemes – ELSS) are eligible for tax benefits under Section 80C of the I-T Act. Investments...

Understanding mutual fund investments

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Filed Under: FINANCE

Moderisation of Employment Exchanges

National e-Governance Plan has identified modernization and upgradation of Employment Exchanges as one of the Mission Mode Projects (MMP). Implementation of this Project will help job-seekers to register on-line from anywhere and approach any Employment Exchange for employment assistance. Under the...

Moderisation of Employment Exchanges

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Filed Under: EMPLOYMENT

Bihar government ordered to appoint 35,540 trained teachers

 The Supreme Court today ordered the Bihar government to appoint 35,540 primary school teachers as per their seniority based on the year they secured their Bachelor of Education or Bachelor in Teaching degrees. A bench of Justice Altmas Kabir and Justice H.L. Dattu gave the order on a joint lawsuit...

Bihar government ordered to appoint 35,540 trained teachers

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Filed Under: EDUCATION

CEE TO ALLOT 1525 MBBS SEATS

CEE to allot 1525 MBBS seats, 19,470 engineering seatsThe Hindu A scene from Kerala Medical/Engineering entrance centre in Thiruvananthapuram. File Photo: C. Ratheesh Kumar Allotments by the Commissioner for Entrance Examinations (CEE) to engineering and medical courses in Kerala state would begin during...

CEE TO ALLOT 1525 MBBS SEATS

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Filed Under: HIGHER EDUCATION