Thursday, December 10, 2015

Income Tax Department simplifies online rectification of TDS in ITR

Income Tax Department simplifies online rectification of TDS in ITR New Delhi: Aimed at making life easier for tax payers, the Income Tax department today said it simplified the process of online rectification of incorrect details of tax deducted at source (TDS) filed in the income tax return (ITR). Earlier, taxpayers were required to fill in complete details of the entire TDS schedule while applying...

Employees can withdraw EPF money without employers permission

Now, employees can withdraw EPF money without employers’ permit Employees can avail the benefit if details such as Aadhaar number and bank account number have been linked to the EPF UAN and their KYC verification has been done by the employer New Delhi: Employees will no longer need the approval of their employers to withdraw money from their Employees Provident Fund (EPF) corpus. If details...

EPFO may raise interest rate on PF from 8.75% for FY16

EPFO may raise interest rate on PF from 8.75% for FY16 Retirement fund body EPFO is likely to increase the interest rate on PF deposits for 2015-16, from 8.75 per cent fixed for the last two financial years, during its trustees’ meet tomorrow. Retirement fund body EPFO is likely to increase the interest rate on PF deposits for 2015-16, from 8.75 per cent fixed for the last two financial...

Minimum Government and Maximum Governance

Minimum Government and Maximum Governance A citizen friendly and accountable administration is the focus of the government. A series of steps to achieve this goal have been initiated. These include simplification of procedures, identification and repeal of obsolete/archaic laws/rules, identification and shortening of various forms, leveraging technology to bring in transparency in public interface...

Transfer Policy of Railway Officials

Transfer Policy of Railway Officials Press Information Bureau Government of India Ministry of Railways 09-December, 2015 A Comprehensive Transfer Policy for Railway Officers have been formulated and issued on 31.08.2015. The Policy lays down a general Policy framework for transfer and reiterates various existing rules and guidelines with regard to posting under Spouse rules, competence of...

WI – FI Service Facility to Railway Passengers - Ministry of Railways

WI – FI Service Facility to Railway Passengers - Ministry of RailwaysWi-Fi facility with free access to rail passengers for first 30 minutes in a day is proposed to be provided at all A1 (75), A (332) and B(302) i.e. total 709 railways stations. For period after 30 minutes the service will be available on payment.Initially the Wi-Fi service is proposed to be provided at 400 nos. of A1 and A...

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