Children Education Allowance Income Tax Online Tool for CG Employees

Children Education Allowance Income Tax Online Tool for CG Employees Exempted from Income Tax for Children Education Allowance and Hostel Expenditure allowance – A simple calculator for CG Employees How to use the tool Step 1: Select the option Children Education Allowance or Hostel Subsidy Step 2: Enter the Amount Received for 1st and 2nd … Read more

Certificate for Tax Deducted at Source in Part B of Form No. 16 through TRACES

Certificate for Tax Deducted at Source in Part B of Form No. 16 through TRACES Procedure, format and standards for issuance of certificate for tax deducted at source in Part B of Form No. 16 through TRACES – CBDT Circulars dt. 6.5.2019 Procedure, format and standards for issuance of certificate for tax deducted at source … Read more

Income Tax Circular 2019 – TDS on Income from Pension

Income Tax Circular 2019 – TDS on Income from Pension The post contains the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” during the financial year 2018-19 and explains certain related provisions of the Act and Income-tax Rules, 1962. Due dates for payment of TDS, Mode of Payment … Read more

Pension Exempt from Income Tax – BPS writes to FM

Pension Exempt from Income Tax – BPS writes to FM Pension of Ex-Govt Employees to be Net of Income Tax Dt – 23.11.18 BHARAT PENSIONERS SAMAJ (All India Federation of Pensioners Association) 2/13-A-LGF Backside, Jangpura – ‘A’, New Delhi – 110 014 No BPS/ SG/pension/I.Tax/018/1 Dated: 23.11.2018 To The Arun jaitley ji Honorable Cabinet Minister … Read more

Extension of date for filing of Income Tax Returns for taxpayers in Kerala

Extension of date for filing of Income Tax Returns for taxpayers in Kerala Ministry of Finance Extension of date for filing of Income Tax Returns for taxpayers in Kerala In view of the disruption caused due to severe floods in Kerala, the Central Board of Direct Taxes (CBDT) hereby further extends the “Due Date” for … Read more