No TDS on Disability Pension to Armed Forces Personnel
By Prashant Thakur -February 3, 2016
The tax exemption of disability pension received by Armed Force Personnel are among those exemptions under Income Tax Act for which you may not get a direct reference in the Income Tax Act.
However , such tax exemption are allowed by the executive instruction issued by either Finance Ministry notification or under the delegated powers to CBDT . Armed Forces personnel get the disability pension which is basically aggregate of two components-disability...
Monday, 30 May 2016
Grant of Interim Relief to West Bengal State government employees amounting to 10 percent of their band pay
Grant of Interim Relief to West Bengal State Government Employees Amounting to 10 % of their Band Pay.
After coming to power for the second time, the Mamata Banerjee led government on Friday announced a grant of interim relief to state government employees amounting to 10 percent of their band pay.
"In our first cabinet meeting, we have decided to provide a grant of interim relief to state government employees amounting to ten percent of the band pay drawn by them," said state Finance Minister Amit Mitra.
"This will be effective from July...
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5 Percent DA July 2019 Hike Order - Grant of Dearness Allowance to Central Government employees
Grant of Dearness Allowance to Central Government employees 5 Percent DA July 2019 Hike Order No. 1/3/2019-E- II (B) Government of...
