Saturday 28 February 2015

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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Benefits to Middle Class Tax Payers in the Budget 2015-16



Benefits to Middle Class Tax Payers in the Budget 2015-16





Payments to the Beneficiaries Including Interest Payment on Deposit in Sukanya Samriddhi Scheme to be Fully Exempt





The Union Minister of Finance Shri Arun Jaitley in his Budget Speech in Lok Sabha today proposed rationalization of various tax exemptions and incentives to reduce tax disputes and improve tax administration. He said, with a view to encourage savings and to promote health care among individual tax payers, it is proposed to increase the limit of reduction of health insurance premium from Rs 15,000 to Rs 25,000 and for senior citizen this limit is increase from Rs 20,000 to Rs 30,000.






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Friday 27 February 2015

AICPIN for the Month of January 2015 – Index stands at 254



AICPIN for the Month of January 2015 – Index stands at 254





No. 5/1/2015- CPI


GOVERNMENT OF INDIA


MINISTRY OF LABOUR & EMPLOYMENT


LABOUR BUREAU


`CLEREMONT’, SHIMLA-171004


DATED: the 27 th February, 2015


Press Release





Consumer Price Index for Industrial Workers (CPI-IW) – January, 2015





The All-India CPI-IW for January, 2015 increased by 1 point and pegged at 254 (two hundred and fifty four). On 1-month percentage change, it increased by 0.40 per cent between December, 2014 and January, 2015 when compared with the decrease of (-) 0.84 per cent between the same two months a year ago.





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Meeting with 7th Pay Commission and DoPT on 25.2.2015 – Confederation publishes brief resume of the discussions



Meeting with 7th Pay Commission and DoPT on 25.2.2015 – Confederation publishes brief resume of the discussions





Meeting with Chairman 7th Pay Commission & Discussion with Govt. on NJCA Strike Charter of Demands – 25.02.2015 – Com. K. K. N. Kutty (President), Com. M. S. Raja (Working President) & Com. M. Krishnan (Secretary General) attended both the meetings on behalf of Confederation.





Shiva Gopal Mishra


Secretary


Joint Consultative Machinery


for Central Government Employees


13-C, Ferozshah Road, New Delhi – 110001


No. NC-JCM/2015/S.C


February 26, 2015


Dear Comrade





The Standing Committee of the Staff Side, National Council has interaction with the 7th CPC on 25th Feb. 2015 followed by the Standing Committee meeting of National Council (JCM) with the Secretary DOPT in the afternoon. 






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Wednesday 25 February 2015

JCM Staff Side Meeting with 7th Pay Commission – Discussion about DA Merger and Interim Relief



JCM Staff Side Meeting with 7th Pay Commission – Discussion about DA Merger and Interim Relief





The JCM Staff Side delegation met the Chairman, Seventh Central Pay Commission, 25/02/2015 at 11:00 hrs. The detailed report as follows…


NFIR


National Federation of Indian Railwaymen


3, CHELMSFORD ROAD, NEW DELHI . 110055





No.IV/NFIR/7th CPC/Corres/Pt.V


Dated 25/02/2015


Sub: JCM Staff Side Meeting with the Chairman, 7th CPC.





The JCM Staff Side delegation met the Chairman, Seventh Central Pay Commission, 25/02/2015 at 11:00 hrs. The following issues were raised :-





i. Merger of DA with Pay and grant of Interim Relief :-






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Amendment in CCS Leave Rules for Disabled Persons – Dopt Orders



Amendment in CCS Leave Rules for Disabled Persons – Dopt Orders





Amendment to Central Civil Service (Leave) Rules, 1972 – Persons with Disabilities (Equal Opportunities, Protection of justifys and Full Participation) Act, 1995 (PWD Act, 1995,)-regarding





G.I., Dep. of Per. & Trg., O.M.No.18017/1/2014-Estt(L), dated 25.2.2015





Subject: Amendment to Central Civil Service (Leave) Rules, 1972 – Persons with Disabilities (Equal Opportunities, Protection of justifys and Full Participation) Act, 1995 (PWD Act 1995)-regarding





The Central Civil Services (Leave) Rules, 1972 were amended vide the Department of Personnel and Training Notification No.13026/1/2002-Estt(L) dated the 15/16th January, 2004 consequent to the Persons with Disabilities (Equal Opportunities, Protection of justifys and Full Participation) Act, 1995 (PWD Act 1995) which came into force from 7th February, 1996.






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AIBOA published discussion and decision taken in the meeting with IBA on 23.2.2015



AIBOA published discussion and decision taken in the meeting with IBA on 23.2.2015





ALL INDIA BANK OFFICERS’ ASSOCIATION


Circular No.6/VI/2015


February 23, 2015


Camp: MUMBAI


To:


ALL UNITS / STATE COMMITTEES





Dear Comrades,





WAGE REVISION – 18TH ROUND.


TOTAL QUANTUM CLINCHED.


A NEW SERVICE CONDITION INTRODUCED.


4 DAYS STRIKE CALLED OFF.





In the background of C.L.C.(Central) Delhi, counseling IBA and also representatives of the unions to get back to the negotiation on 20.02.2015, in which Com.Alok Khare, Vice Chairmen, Com.S.S.Shishodia, President and Com.Sanjay Khan Joint Secretary AIBOA participated and at the CLC’s advice IBA invited the unions for discussions on 23.02.2015.






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