Defence Civilians Medical Aid Fund – Exemption from Income Tax on donation exceeding Rs.250

Defence Civilians Medical Aid Fund – Exemption from Income Tax on donation exceeding Rs.250

Exemption u/s 80 (G) of Income Tax Act on donation to DCMAF – PCDA Orders

Defence Civilians Medical Aid Fund (DCMAF)

Ministry of Defence

Room No. PC – l, B-Block

Dalhousie Road,New Delhi-110011

19 March 2015

To

Heads of All Defence Units

All Labour Welfare Commissioners

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Central Government Employees to Protest outside the Parliament on April 28; Plan for Indefinite Strike

Central Government Employees to Protest outside the Parliament on April 28; Plan for Indefinite Strike

Central government employees have announced that they are going to protest outside the Parliament on April 28 against the Government’s decision to not hike the income tax slab. There are plans to launch an indefinite strike in July.

Protests were held at the Income Tax office in Nungambakkam on behalf of the Central Government Employees Federation, against the Government’s decision to not hike the minimum tax levels this time. The protests were led by the federation’s general secretary, M. Duraipandian. Union leaders like J. Ramamurthy and S. Sundaramurthy presided over the protests.

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No Change in the Rate of Personal Income Tax and The Rate of Tax for Companies on Income in Financial Year 2015-16

No Change in the Rate of Personal Income Tax and The Rate of Tax for Companies on Income in Financial Year 2015-16

Surcharge @12% Levied on Individuals, HUFs, AOPs, BOIs, Artificial Juridical Persons, Firms, Cooperative Societies and Local Authorities Having Income Exceeding Rs 1 Crore

The Union Finance Minister Shri Arun Jaitley in his Budget Speech in Lok Sabha today proposed no change in the rate of personal Income-tax. He announced the tax proposals with no change in the rate of tax for companies in respect of the income earned in the financial year 2015-16, assessable in the assessment year 2016-17.

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Income Tax Exemption Slab Could be Raised Further: Finance Minister Arun Jaitley Informs

Income Tax Exemption Slab Could be Raised Further: Finance Minister Arun Jaitley Informs

“I have no intention of burdening the salaried and middle classes by imposing heavy taxes on them. At the same time, I’m not going to let tax evaders get away. I’m going to bring them into the tax-payers circle,” Minister of Finance, Arun Jaitley said.

“Salaried middle class people are paying more in direct taxes. If you ask me, I’d suggest that their direct tax burden should be reduced and if you could ensure that they get their full salaries, they will spend more. You can thus collect the money from them through indirect taxes,” he said.

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