Sunday, January 17, 2016

Ex-servicemen stage protest outside Jaitley residence for changing OROP scheme

Ex-servicemen stage protest outside Jaitley residence for changing OROP scheme New Delhi: Ex-servicemen seeking changes in the government’s One Rank One Pension (OROP) scheme today staged a protest outside the official residence of Finance Minister Arun Jaitley here, alleging that he failed to respond to concerns raised by them during an earlier meeting. This is the second time in two weeks the...

Rates of Income Tax as per Finance Act, 2015 – Financial Year 2015-16(AY 2016/17)

Rates of Income Tax as per Finance Act, 2015 – Financial Year 2015-16(AY 2016/17) RATES OF INCOME-TAX AS PER FINANCE ACT, 2015: As per the Finance Act, 2015, income-tax is required to be deducted under Section 192 of the Act from income chargeable under the head “Salaries” for the financial year 2015-16 (i.e. Assessment Year 2016-17) at the following rates: Rates of tax : A. Normal Rates of tax:   Rates...

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