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CENTRAL GOVT EMPLOYEES NEWS

Quick updates for CG Staff and CG Pensioners

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LATEST CENTRAL GOVERNMENT EMPLOYEES NEWS
Central Government Offices Holidays 2021
Freezing of Dearness Allowance and Dearness Relief – Finmin Orders 2020
DA Loss Calculation Table 2020

LATEST CENTRAL GOVERNMENT PENSIONERS NEWS
Annual Increment Due on 1st July to the Employees Retiring on 30th June
Notional Increment on the Day of Superannuation
FR 56(j) of CCS (Pension) Rules age of 50 years or on Completion of 30 years of Service
Coverage under CCS (Pension) Rules CG employees appointment before and after 01-01-2004

INCOME TAX

SB Order on reduction of rate of Tax Deducted at Source (TDS) in POSB Schemes

June 29, 2020

SB Order on reduction of rate of Tax Deducted at Source (TDS) in POSB Schemes SB Order on reduction of rate of TDS in POSB Schemes S.B. Order 23/2020 e. F.No.FS-79/2/2020-FS Government of India Ministry of Communications Department of Posts (Financial Services Division) Dak Bhawan, New … [Read more...] about SB Order on reduction of rate of Tax Deducted at Source (TDS) in POSB Schemes

Income Tax Return Filing Due Date Extended to 30 November 2020 for AY 2020-21

May 15, 2020

Income Tax Return Filing Due Date Extended to 30 November 2020 for AY 2020-21 The due date of all Income Tax Returns for Assessment Year 2020-21 will be extended to 30 November, 2020. Similarly, tax audit due date will be extended to 31 October 2020 Finance Minister announce measures for relief … [Read more...] about Income Tax Return Filing Due Date Extended to 30 November 2020 for AY 2020-21

Govt Reduced TDS and TCS Rates by 25% for the period from 14 May 2020 to 31 March 2021

May 14, 2020

Govt Reduced TDS and TCS Rates by 25% for the period from 14 May 2020 to 31 March 2021 Press Information Bureau Government of India Ministry of Finance Reduction in rate of Tax Deduction at Source (TDS) & Tax Collection at Source (TCS) 13 MAY 2020 READ ALSO: SB Order on reduction of rate … [Read more...] about Govt Reduced TDS and TCS Rates by 25% for the period from 14 May 2020 to 31 March 2021

PM Cares Fund Donation – Submission of Certificate for Claiming Deduction under section 80G Act of Form 16 – CBDT Order

April 15, 2020

PM Cares Fund Donation - Submission of Certificate for Claiming Deduction under section 80G Act of Form 16 – CBDT Order The Department of Revenue has issue an order that the contributions made to the Fund are in the form of a consolidated payment. The deduction in respect of such donations as … [Read more...] about PM Cares Fund Donation – Submission of Certificate for Claiming Deduction under section 80G Act of Form 16 – CBDT Order

Budget 2020 Highlights Income Tax

February 1, 2020

Budget 2020 Highlights Income Tax New Personal Income Tax Regime heralds significant relief, especially for Middle Class Taxpayers New tax regime to be optional for the taxpayers New rates entail estimated revenue forgone of Rs 40,000 Crore per year In order to provide significant relief to the … [Read more...] about Budget 2020 Highlights Income Tax

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DA NEWS 2020

Release of 3 Installments of DA to Central Govt Employees and Pensioners – NJCA

Freezing of DA to Central Govt Employees and Pensioners – NC JCM Meeting

3% DA Hike for West Bengal State Govt Employees w.e.f 01.01.2021

DA For Bank Employees from Nov 2020 to Jan 2021

Freezing of Dearness Allowance to Employees of CPSEs till 30 June 2021




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