The meeting in the Expenditure Dept. took place as scheduled. please find the outcome of the meeting as under.
"In continuation of the meeting chaired by the Secretary (Revenue) on 23.07.2009, a meeting was called by the JS (Per) of Expenditure Ministry. The President and SG attended the meeting. Representatives of the ITEF and Customs Preventive Federation also attended. In the course of the meeting, the Expenditure Authorities conceded that it is not possible to merge the cadres of STA and Inspector due to functional distinction. However they were not ready to commit on the upgradation to Rs. 4600/- and instead they suggested some alternate measures like 2-3- 4 additional increments/ higher start in the pay band/ putting 80% of Inspectors in Rs. 4600/- and the rest in Rs. 4200/- who will move to Rs. 4600/- after 4 years/ clarification that promotion from STA to Inspector would entail FR 22 fixations. We categorically stated that none of the suggestions would solve the problem faces by the cadre. They even suggested that all the Inspectors presently on the rolls can be granted Rs. 4600/- and the subsequent entrant would be in Rs. 4200/- . When we stood to our stand the meeting was prorogued by the JS (P) stating that they would report to the RS and after that the decision would be communicated.
Met the US IFU to pursue the representation against the Dy Controller of Accounts letter regarding Grade Pay on receipt of ACP under the 99 scheme. We briefed him and requested to expedite the matter.
Met Member (P&V) and registered our protest in permitting ICT on spouse joining ground on without loss of seniority principle and expending the order to promotional posts also. The Member agreed to have a relook.
However, we shall continue our agitation program till we receive a positive communication from the Government."
(It is published without any change from the website of Central Excise Inspectors' Association.)
In continuation of the meeting with Revenue Secy on 23.07.2009 regarding enhancement of Grade Pay to IT/Central Excise Inspectors, a meeting has been convened by the JS(Personnel), Dept. of Expenditure on 24.08.2009 .
Service association of Central Excise, Customs and Income Tax has been called to resolve the long standing issue.
The Central Board of Direct Taxes had, vide circular No.3/2009 dated 21.05.2009, allowed assessees who file their income tax returns in electronic form without digital signature to submit their verified ITR-V form, within a period of 30 days, thereafter. The ITR-V form was required to be sent to Post Bag No.1, Electronic City Post Office, Bengaluru, Karnataka-560100, by ordinary post. It has now been decided to extend the time limit for filing the ITR-V form by relaxing the stipulations in the circular dated 21.05.2009. The ITR-V form relating to returns which have been filed electronically (without digital signature) on or after 1st April, 2009 can now be filed on or before the 30th September, 2009 or within a period of 60 days of uploading of the electronic return data, whichever is later. The ITR-V should continue to be sent by ordinary post to Post Bag No.1, Electronic City Post Office, Bengaluru, Karnataka-560100.
The IT employees observed a walkout today at 12 noon throughout the country to press their demands. The movement has been carried out by the call of Joint Council of action.
They have called a nationwide strike on 9th September.
CHARTER OF D E M A N D S
1.Grant Grade pay of Rs. 4,600/- as per Government of India notification to Inspectors, Private Secretaries and Administrative officers and Rs.1,800/-to all Group D employees; Implement the clarification with respect to Grade Pay of Rs. 5,400/- to ITOs after 4 years w.e.f. 01/01/2006.
2.Out of 1% incremental incentive:
a. Reimburse Mobile phone charges to all employees inthe department
b. Sanction Laptops to all Gazetted Officers including AO, PS/Sr.PS, on non-returnable basis.
3.Deptl. Examination-2009 should be conducted accepting demands communicated videITEFs letter dated 25th July, 2009 addressed to theDGIT(Admn), New Delhi.
4.Transfer DCIT/ACIT (who have completed 2 years cooling period and with spouse/medical/compassionate grounds, etc.) and revoke the transfer of officers, who are transferred before completing their tenure.
5.Fill up all vacant postsin gazetted and non-gazetted cadres and effect promotion to the cadre of ACIT/DCIT/Jt. CIT,by giving one time relaxation. (Conduct DPC for ACITfor RY 2009-10 and DCIT for RY as on 01/01/2009 and 01/01/2010).
6.Grant correct seniority to DCIT on account of CAT decision in S.K. Shukla's case and Allot Civil List Code no. to all promotee ACsIT till R.Y. 2008-09
7.Implement the order of the Supreme Court on Inter-se-Seniority in the case of Inspectors.
8.BPR to be implemented only after reaching an agreement with the JCA and stop outsourcingof Departmentalfunctions.
9.Grant Desktop computers to all Group C employees.
10.Dispose of all vigilance cases pending beyond one year.
11.Stop vindictive actions on our members in the light of the recent issue inMP charge.
Strike Notice
Ref :JCA/CHQ/09-10/218th August, 2009
To,
The Chairman
Central Board of Direct Taxes
North Block,
Central Secretariat,
New Delhi – 100 001
Dear sir
This is to give notice that the members of Income Tax Employees Federationand the Income Tax Guzetted Officers Association will be on a day's token strike on 9th September 2009, under the banner of Joint Council of Action in pursuance of the enclosed charter of demands.
The government today kick-started radical tax reforms by unveiling a draft tax code under which an individual will effectively not have to pay any tax on an income of up to Rs 4.6 lakh a year against Rs 2.7 lakh at present.
The ceilings on tax-free income will be raised to Rs 4.9 lakh in the case of women and Rs 5.4 lakh in the case of senior citizens.
The code proposes zero tax on an income of up to Rs 1.6 lakh but also provides for a tax deduction of up to Rs 3 lakh on bank fixed deposits and specified investments in small savings schemes, insurance and other savings instruments.
Over and above the Rs 3 lakh ceiling, taxpayers can claim deductions for money spent on children’s education, health insurance premia up to Rs 20,000 annually in the case of senior citizens (Rs 15,000 for the rest), medical treatment of up to Rs 60,000 annually for senior citizens (Rs 40,000 for the rest), and expenses up to Rs 1 lakh for disabled dependants.
But there’s bad news as well: there will be no tax break for buying an apartment (which qualifies at present for a tax benefit of Rs 1.5 lakh a year on interest payments). Moreover, withdrawals from retirement funds will no longer be exempt from tax.
Salaried individuals may also feel the pinch since all perks will now be included in the definition of taxable salaries.
Companies will have to pay tax at the rate of 25 per cent instead of an effective rate of almost 35 per cent at present. However, companies that pay minimum alternate tax (MAT) — a tax levied since 1997 on zero-tax companies — could face a big blow since the levy will now be charged on 2 per cent of their gross assets. Earlier, it was charged on 15 per cent of book profits.
2 years to kick in
The changes have been proposed in a tax code that seeks to replace the 48-year-old Income-Tax Act. The code has been put in the public domain for discussion. It will come into effect in about two years after it is passed by Parliament with changes.
Finance minister Pranab Mukherjee, who released the tax code along with his predecessor P. Chidambaram, said the bill could be tabled in Parliament in the winter session.
“It’s a simpler tax code and we expect it will usher in better compliance, better tax realisation and lead to far less litigation,” Mukherjee added.
Chidambaram said the tax code had been written from scratch and could be enacted by 2011, synchronising with the golden jubilee of the Income-Tax Act. The former finance minister had started work on the tax code three years ago.
Wealth tax
The ambit of wealth tax is being widened — and this could prove to be a huge blow to the super-rich. Wealth tax will be levied on a net wealth above Rs 50 crore instead of Rs 30 lakh at present but it will cover assets like shares.
However, the wealth tax rate is being slashed from 1 per cent at present to 0.25 per cent. “This has been done to ensure better compliance,” officials said. “Right now, it is a tax that everybody tries to avoid.”
Industry has been lobbying the government to scrap it since the government expects to raise only Rs 425 crore through wealth tax this year.
The direct tax code will obviate the need to introduce a voluminous Finance Bill every year along with the budget — a tiresome rite that former finance minister Jaswant Singh railed against recently during the budget debate. However, tax amendments will still require sanction from Parliament.
Political parties will be happy to learn that the new tax code allows tax deductions on campaign contributions by both individuals and companies, provided the donation amounts to 5 per cent of a person’s income or the profits of a company.
Source : The Telegraph
Proposed Income Tax Rates for Individuals
Up to Rs.1,60,000
Nil
From Rs.1,61,000 to Rs.10,00,000
10 Per cent (Income exceeds Rs.1,60,000)
From Rs.10,01,000 to 25,00,000
20 Per cent (Rs.84,000 + Income exceeds Rs.10,00,000)
Above Rs.25,00,000
30 Per cent (Rs.3,84,000 + Income exceeds Rs.25,00,000)
Proposed Income Tax Rates for Women-below 65 years
Up to Rs.1,90,000
Nil
From Rs.1,91,000 to Rs.10,00,000
10 Per cent (Income exceeds Rs.1,90,000)
From Rs.10,01,000 to 25,00,000
20 Per cent (Rs.81,000 + Income exceeds Rs.10,00,000)
Above Rs.25,00,000
30 Per cent (Rs.3,81,000 + Income exceeds Rs.25,00,000)
Proposed Income Tax Rates for Senior Citizens
Up to Rs.2,40,000
Nil
From Rs.2,41,000 to Rs.10,00,000
10 Per cent (Income exceeds Rs.2,40,000)
From Rs.10,01,000 to 25,00,000
20 Per cent (Rs.76,000 + Income exceeds Rs.10,00,000)
Above Rs.25,00,000
30 Per cent (Rs.3,76,000 + Income exceeds Rs.25,00,000)
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