ITGOA meeting inconclusive, no decision arrived

It is learnt that the Secretarial meeting of ITGOA held yesterday at Delhi remained inconclusive. No decision regarding continuity of agitation has been arrived at in the marathon meeting. They are likely to meet today again.

Direct Tax Code for individual : Salient Features

The New Direct Tax Code (DTC) is said to replace the existing Income Tax Act of 1961 in India. DTC bill was tabled in parliament on 3oth August, 2010. There are big changes now in monsoon session and There are now much less benefits as compared to what were in the original proposal. During the budget 2010 presentation, the finance minister Mr. Pranab Mukherjee reiterated his commitment to bringing into fore the new direct tax code (DTC) into force from 1st of April, 2011, but same could not be fulfilled and now it will be applicable from 1st April, 2012.The following factors of DTC which will impact on salaried people.

CBDT issues clarification on grant of Grade Pay of Rs. 5400 to A. O. Grade II and Sr. Private Secretary

Clarification on grant of Grade Pay of Rs. 5400 in PB-2 on non-functional basisi to AO Grade II and Sr. Private Secretary in the Income Tax Deparement.


View the Clarification

DPC for ACIT promotion started

DPC for 204 posts held yesterday  (05/03/12) and continuing today (06/03/2012). Though not confirmed, but we learnt from sources that there will be regular promotion for 103 Gen category and 101 for SC/ST

I.T. returns may be accessed by mobile soon

Soon you will be able to access details about your income tax returns (ITR) and its processing on your cellphone. As the income tax (I-T) department is all set to enhance host of taxpayer-related services and shift to a new e-return filing platform in the coming months.

The new platform will come with various services, including one which will allow tax payers to check details such as refunds, deductions and tax demands on their cellphone.