7th Pay Commission: DA hike, arrears, salary increase, PF, gratuity, LTA claim - Latest updates you need to know
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7th Pay Commission: DA hike, arrears, salary increase, PF, gratuity, LTA claim - Latest updates you need to know
Union government recently increased the DA and Dearness Relief (DR) of central government employees and pensioners after over one and half years.
DNA Web Team
Jul 18, 2021, 08:35 AM IST
In a good news for lakhs of Central government employees and pensioners, the Prime Minister Narendra Modi-led government recently increased the Dearness Allowance (DA) and Dearness Relief (DR) of central government employees and pensioners after over one-and-half-year.
LTC Cash Voucher Scheme: Big update for central government employees - details here
This decision has been taken because the Covid-19 second wave was at its peak in May due to which many employees could not claim their LTC File Photo
Updated: Jul 9, 2021, 08:33 AM IST
The government has decided to ease the rules related to Leave Travel Concession (LTC) for central employees. This ease will only benefit those employees who could not claim their LTC till the last deadline i.e May 31, 2021.
What is an LTC Cash Voucher Scheme?
The LTC is something that is provided by the central government to its employees, which is a benefit of travelling once in four years to any part of India. Apart from this, employees can also take advantage of this scheme to go to their homes twice in four years. Due to Covid-19, travel in the country and the world was closed, so it was difficult to claim LTC. That s why the central government announced the LTC cash voucher s
Updated Mar 17, 2021 | 08:23 IST
Senior citizens of the age 75 and above with income from pension and interest from fixed deposit in the same bank would be exempted from filing ITR from April 1, according to the new rules. 5 new income tax rules set to come in force from April 1
New Delhi: Budget 2021 has left personal income tax rates unchanged. However, FM Sitharaman announced some tweaks in income tax rules that will help ease the compliance for taxpayers.
Let s take a look at 5 income tax changes that will come into effect from 1 April:
Provident fund tax rules: Nirmala Sitharaman has announced in the Union Budget 2021-22 that PF contributions over Rs 2.5 lakh in a financial year will be taxable from the next financial year.
: Wednesday, March 17, 2021, 4:14 PM IST
From April 1, new Income Taxes rules will be introduced: Find out if those rules are applicable to you
During the budget 2021, Finance Minister Nirmala Sitharaman announced some changes in the income tax rules. It will come into force from April 1. These rules are related to Provident Fund, Tax Deducted at Source, ITR filing for senior citizens, Leave Travel Concession among others.
Rules are given below:
Provident Fund: Individuals earning more than Rs 2.5 lakh will have to pay taxes on the interest on annual employee contributions to provident fund. The government with this decision is aiming to tax high-value depositors in the Employee Provident Fund (EPF).
New entries inserted for smooth transaction of business
Mohinder Verma
JAMMU, Mar 10: Lieutenant Governor of Union Territory of Jammu and Kashmir Manoj Sinha has delegated more powers to the Chief Secretary in respect of matters related to appointment of non-gazetted staff in nine important departments, referral of vacancies to the recruiting agency and acceptance of Regular Departmental Actions (RDAs) against the officials.
This has been done in exercise of the powers conferred by President Order S.O No.3937 (E) dated October 31, 2019 read with the Third Proviso to Rule 7 and with Rule 43 of the Transaction of Business of Government of Union Territory of Jammu and Kashmir Rules, 2019 and in continuation of Government Order No.810-JK(GAD) dated September 1, 2020.