Income Tax Department Suspends An Officer For Harassing The Taxpayer

Income Tax Department suspends an officer for harassing the taxpayer A complaint was received making serious allegations against Shri D. K. Meena, Deputy Commissioner of Income Tax, posted at Surendranagar in Gujarat Region for harassing a taxpayer in a scrutiny case with malafide intention. The officer was alleged to have demanded illegal gratification through the taxpayer’s Chartered Accountant for favourably completing the assessment. The audio recordings of conversations were also received which, inter alia, mention...

CBDT Extends Date Till 31.3.18 For Linking Of Aadhaar With PAN

CBDT extends date till 31.3.18 for linking of Aadhaar with PAN Press Information Bureau Government of India Ministry of Finance 08-December-2017 12:21 IST CBDT extends date till 31.3.18 for linking of Aadhaar with PAN Under the provisions of recently introduced section 139AA of the Income-tax Act, 1961 (the Act), with effect from 01.07.2017, all taxpayers having Aadhaar Number or Enrolment Number are required to link the same with Permanent Account Number (PAN). In view of the difficulties faced by some of the taxpayers...

Expected DA and DR Calculator from Jan 2018

Expected DA and DR Calculator from Jan 2018 Expected DA and DR Calculator from January 2018 for CG Employees and Pensioners A simple online tool to calculate the expected Dearness Allowance and Dearness Relief with input of AICPIN (Consumer Price Index for Industrial Workers BY 2001=100) from January 2018 for Central Government Employees and Pensioners. Month / Year AICPIN JANUARY 2017 274 FEBRUARY ...

Process Of Bulk Upload Of Aadhaar Number With SB CIF

Process of Bulk Upload of Aadhaar Number with SB CIF Process of Bulk Upload Bulk Seeding file should be CSV file format. Only 20000 accounts should be given in one file. This file consists of 2 columns. First column should be Aadhaar Number and Second column should be CBS Account Number. Valid 12 digit AADHAAR NUMBER should be updated in Aadhaar Number field. CBS Account Number should be valid SB account number. No other scheme accounts viz RD,MIS,TD,SCSS, ETC should be updated in this column. Any Direct Benefit Transfer...

Exemption Of Rs. 5 Lakhs Per Annum To Pension Income

Income Tax Exemption 5 lakhs to Pensioners – Clarification “Exemption of Rs. 5 lakhs per annum to pension income” Shiv Pratap Shukla D.O.No.370150/9/2017-TPL MINISTER OF STATE FOR FINANCE GOVERNMENT OF INDIA NEW DELHI – 110001 14th November, 2017 Dear Dr. Tharoor ji, Kindly refer to your D.O.letter No. DO/ST/09/2017/986 dated 26.09.2017 requesting for providing exemption of Rs. 5 lakhs per annum to pension income. I have got the matter examined. Currently, the basic exemption limit for individual tax...

AIBEA - UFBU Meeting Held On 13-11-2017

UFBU MEETING HELD ON 13.11.2017 – AIBEA Circular UFBU MEETING HELD ON 13-11-2017 UFBU meeting was held in Mumbai in AIBEA Office on 13-11-2017. Com.K.K. Nair, Chairman of UFBU presided over the meeting. 1.Increasing attacks on banking sector: The meeting conveyed its appreciation to all units and members for the massive participation in the Morcha to Parliament programme on 15-9-2017. The meeting noted that Government is planning to further go ahead with their banking reform measures and hence decided that our campaign...

Jeevan Pramaan Portal's Guidelines And Eligibility For On-Boarding

Guidelines for On-boarding of Organizations on Jeevan Pramaan  Background: As a Digital India initiative to facilitate Pensioners, Ministry of Electronics & Information Technology (MeitY) has launched Jeevan Pramaan portal. Now the pensioner need not visit office of Disbursing Agency for physical submission of Life Certificate and may use the Aadhaar enabled Biometric authentication mechanism to generate Digital Life Certificate. Advantages of Digital Life Certificate (DLCs): It may be generated from anywhere...