Saturday, January 3, 2009

Central Govt Employees served Strike Notice to Cabinet Secy.

PRESS STATEMENT

Dated 2nd January, 2009

 

            The Central Government employees organizations affiliated to the Confederation of Central Government Employees and workers held a massive rally at Jantar Mantar today to serve the strike notice on the Government of India. The Strike Notice has been handed over to the Cabinet Secretary, Government of India, New Delhi.  The Confederation has decided in its National Executive committee meeting held at New Delhi on 13th December, 2008 to organize an indefinite strike action from 20th January, 2009 demanding settlement of the 20 point Charter of demands inter alia including the grant of Minimum wage as per the 15th ILC norms, improvement in the fitment formula of pay fixation over the recommendations of the 6th CPC, better financial benefit on promotion on par with the officers of the Government of India, lifting the ban on recruitment,  stopping the outsourcing and privatization of Governmental functions, demanding the Government not to accept the recommendation for the abolition of about 9.7 lakhs  Group D Posts in the Government, lifting the arbitrary ceiling of 5% on compassionate appointments acceptance of the Board of Arbitration awards etc . All the affiliated organizations have served the strike notices to the Heads of respective Departments.  Similar rallies will be held at all State Capitals on 5th and 6th January, 2009

 

            The copy of the strike notice served today is enclosed.

 

K.K.N. Kutty.

Secretary General

 

CONFEDERATION OF CENTRAL GOVERNMENT

EMPLOYEES AND WORKERS

Manishinath Bhawan

A/2/95 Rajouri Garden

New Delhi. 110 027

 

Phone: 011 2510 5324

Fax      011 2510 5324

Mobile:  98110 48303

 

Conf/ D-9/2007                                                                               Dated: 2nd January, 2009

 

To

The Cabinet Secretary,

Rastrapathy Bhawan Annexe,

New Delhi – 110 001.

 

 

Dear Sir,

 

 

            This is to give notice that the employees who are members of the affiliates of the Confederation of Central Government employees and workers will go on indefinite strike from 20th January 2009.  The Demands in pursuance of which the employees will embark upon the strike action is enclosed.

 

            Thanking you,

 

Yours faithfully,

 

K.K.N.Kutty,

Secretary General.

 

Enclosure, Charter of Demands.[Published in earlier post of this blog]

 

Income Tax Rates for Financial Year 2008-09 and 2009-10.

As there is no change in the tax structure for the FY. 2009-10, the same rate is applicable as the last year.

For Males

For Year 2008-2009

For Year 2009-10


 

Taxable Annual Income Slab (In Rs.)

Tax Rate (In %)

Upto Rs. 1,50,000/-

Nil

Rs. 1,50,001/- to Rs. 3,00,000/-

10%

Rs. 3,00,001/- to Rs. 5,00,000

20%

Above Rs. 5,00,000/-

30%




For Females 

For Year 2008-2009

  For Year 2009-10

Taxable Annual Income Slab (In Rs.)

Tax Rate (In %)

Upto Rs. 1,80,000/-

Nil

Rs. 1,80,001/- to Rs. 3,00,000/-

10%

Rs. 3,00,001/- to Rs. 5,00,000/-

20%

Above Rs. 5,00,000/-

30%




For Senior Citizen 

For Year 2008-2009

  For Year 2009-10

Taxable Annual Income Slab (In Rs.)

Tax Rate (In %)

Upto Rs. 2,25,000/-

Nil

Rs. 2,25,001/- to Rs. 3,00,000/-

10%

Rs. 3,00,001/- to Rs. 5,00,000

20%

Above Rs. 5,00,000/-

30%



Saturday, December 27, 2008

Advance tax collection for Q3 down 22%

Advance tax collections declined by over 22 per cent to Rs 42,600 crore in the third quarter of the current fiscal as compared to Rs 54,900 crore in the same period last fiscal, mainly on account of expected subdued performance by India Inc.

Advance tax is paid by companies, firms and individuals based on their income projections for the financial year. Companies and firms pay advance tax in four installments – June 15, September 15, December 15 and March 15.

Individuals pay in three installments – September 15, December 15 and March 15.

Overall advance tax collections were down by 2.6 per cent at Rs 1,13,000 crore till December in the current financial year as compared to Rs 1,16,000 crore in the corresponding period last fiscal.

Total direct tax collections were up 11.5 per cent at Rs 2,32,000 crore till December 24 of this fiscal from Rs 2,08,000 crore in the earlier year.

The direct tax collection was up by over 40 per cent in the corresponding period last year, indicating pressure on the tdirect ax collections due to the impact of the economic slowdown.

Corporate tax collections rose 15.3 per cent to Rs 1,50,000 crore from 1,30,000 crore.

Source : Business Standard.

Sunday, December 21, 2008

Migration of PAN


An Overview

 When an assessee is moved from one place to another or his jurisdiction is transferred from one A.O. to another, his PAN is to be transferred to the new Assessing Officer. This process is named as ‘Migration of PAN’ in Income Tax term.

 It is the responsibility of the Commissioner holding jurisdiction of the PAN to transfer it to the new charge, either on request of the assessee or the new A.O.

 For Individual assessee, the new A.O.(Where PAN to be transferred) can make an online request to send the PAN under his jurisdiction. If the current A.O.(where the PAN belongs now) has no objection and he does not take any online activity within 10 days, the PAN will automatically be migrated to the new Assessing Officer.

 

As I have mentioned earlier, the above mentioned automated process is available for individual PAN only, PANs of other categories to be transferred only by the Commissioner holding previous jurisdiction.

 Difficulty in Migration of certain Corporate PAN

 It is noticed very often that the transferor CIT is not being able to migrate some specific Corporate PANs to any other charge. Whenever he proceeds to transfer out a particular PAN, a message appears “This PAN is being processed under DT 01 Suvida Scheme” and he can not initiate the process.

As in the very first year of mandatory efiling for corporate assesses, the returns were processed centrally in a ward for all returns under a particular range. The Designated Assessing Officer for this purpose had to process the return and then to transfer it to it’s parent jurisdiction. There are some PANs processed under DAO but not transferred out to Jurisdictional Assessing Officer. These PANs can not be migrated unless returned to parent jurisdiction. 

Thursday, December 18, 2008

Laptop for Income Tax Officers, nothing for staff ??

Central Board of Direct Taxes has decided to award laptop to each and every officers of the Income Tax Dept. as incentive for achieving the target collection figure for the year 2006-07. 1% of extra collection over the target which amounts to Rs 195 Crores is being awarded as incentive. All officers of ITO and above will be getting laptop worth Rs 50,000 each. The distribution is expected to begin next week. The remaining amount is learnt to make office premises airconditioned {what supposed to be done by the Depts own fund} and to purchase/hire operational vehicles{which is normally used by the senior officers for their personal use}.

 

Surprisingly, the staff members are not getting anything till today. According to sources a portion of staff members may be given Rs 500/-per month to reimburse their mobile expenditure but no official communication is there. It seems that officers are only responsible for achieving the target. But the fact is this that the staff who work round the clock to help the Assessing Officers [A large number of those who can not properly turn on their computer also].

 

The promotee officers association[ITGOA] is silent on this discrimination though a number of their members, the A.O.s, P.S are denied from their part of incentive.

 

And more surprisingly the staff association [ITEF] is also not vocal about this injustice. They agitate in each and every issue of any discrimination but totally silent in this issue, probably for some vested interest.

 

The Dept. is on the way of fully computerization and it is the staff members who actually work on Departmental softwares who are not considered fit for getting the laptop. It is a pity that a large number of promotee officers who are in the fag end of their service and hardly know their own user id and password {which has been given to staff unofficially to work on his behalf} will be awarded with state of art laptop.

 

Hope the P.M. who is also in charge of Finance Ministry now will intervene and take necessary judicious action.


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