HIGHLIGHTS OF BUDGET 2018-2019

HIGHLIGHTS OF BUDGET 2018-2019 PRESS INFORMATION BUREAU GOVERNMENT OF INDIA HIGHLIGHTS OF BUDGET 2018-19 New Delhi, 01th February, 2018 Finance Minister Shri Arun Jaitley presents general Budget 2018-19 in Parliament. Budget guided by mission to strengthen agriculture, rural development, health, education, employment, MSME and infrastructure sectors Government says, a series of structural reforms will propel India among the fastest growing economies of the world. Country firmly on course to achieve over 8 % growth as manufacturing,...

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Amendments in the income-tax act proposed to notify a new scheme for assessment in electronic mode

Press Information Bureau Government of India Ministry of Finance 01-February-2018 13:20 IST Amendments in the income-tax act proposed to notify a new scheme for assessment in electronic mode. E-assessment to be rolled-out across the country to transform age-old assessment procedure In the General Budget 2018-19 presented in Parliament today, the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley proposed to amend the Income-tax Act to notify a new scheme for assessment. Shri Jaitley said the assessment will be...

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Relief to Senior Citizens: Exemption of Interest Income on deposits increased to Rs 50,000

Ministry of Finance Relief to Senior Citizens: Exemption of Interest Income on deposits increased to Rs 50,000 Pradhan Mantri Vaya Vandana Yojana extended up to March 2020 Existed limit on investment under PMVVY enhanced to Rs 15 lakhs With the objective of providing a dignified life to senior citizens, the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley, announced significant incentives for senior citizens. Presenting the General Budget 2018-19 in Parliament here today, the Finance Minister said that...

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Grant of financial up gradation under MACPS to SSE-Drawing (formerly Diploma Holder Tracers) appointed against DR quota vacancies as Assistant Draftsman

Grant of financial up gradation under MACPS to SSE-Drawing (formerly Diploma Holder Tracers) appointed against DR quota vacancies as Assistant Draftsman No. IV/MACPS/09/Pt.II Dated: 29/01/2018 The Secretary (E) Railway Board New Delhi Dear Sir Sub: Grant of financial up gradation under MACPS to SSE-Drawing (formerly Diploma Holder Tracers) appointed against DR quota vacancies as Assistant Draftsman-reg. Ref: (i) NFIR's PNM item No.15/52015 (ii) NFIR's letter No.IV/MACPS/09/Pt.10 dated 7/11/2016. (iii) Reply receive vide Board's letter...

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Revision of hourly rates of Incentive Bonus and Bonus Factor of Workshop/PU in respect of staff governed under CRJ pattern/GIS

Revision of hourly rates of Incentive Bonus and Bonus Factor of Workshop/PU in respect of staff governed under CRJ pattern/GIS No. I/11/Part I Dated: 29/01/2018 The Secretary (E), Railway Board, New Delhi Dear Sir, Sub: Revision of hourly rates of Incentive Bonus and Bonus Factor of Workshop/PU in respect of staff governed under CRJ pattern/GIS- reg. Ref: (i) NFIR's PNM Item No. 12/2017. (ii) NFIR's letter No. I/11/Part I dated 13/07/2017. (iii) Railway Board's letter No. PC-VII/2017/R- U/28 dated 31/07/2017. (iv) NFIR's letter No....

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Creating job opportunities employment generation during last three years

Creating job opportunities employment generation during last three years. Creating job opportunities and facilitating generation of employment has been at the core of our policy-making. During the last three years, we have taken a number of steps to boost employment generation in the country. These measures include:- Contribution of 8.33% of Employee Provident Fund (EPF) for new employees by the Government for three years. Contribution of 12% to EPF for new employees for three years by the Government in sectors employing large number...

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