Finance ministry ratifies 8.65% interest rate on EPF for 2018-19

New Delhi: The Finance Ministry has approved 8.65% rate of interest on Employees’ Provident Fund (EPF) for 2018-19 as decided by retirement fund body EPFO, benefitting more than 6 crore formal sector workers. The EPFO had provided a five-year low interest rate of 8.55 per cent to its subscribers for 2017-18. “The Department of Financial More...

by Ila Choudhary | Published 3 weeks ago
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By Manish Sen On Tuesday, April 16th, 2019
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I-T dept revises format of TDS certificate issued by employers

New Delhi: The Income Tax department has revised Form 16 by adding various details, including income from house property and remuneration received from other employers, thereby making it more comprehensive to help More...

By Manish Sen On Monday, April 8th, 2019
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Schemes in Cong manifesto based on taxing middle class, says Union Minister Puri

Hyderabad: Union Minister Hardeep Singh Puri Monday alleged that the Congress manifesto for the Lok Sabha elections makes no reference to the middle class and the schemes proposed by the party are based on taxing More...

By Manish Sen On Monday, April 8th, 2019
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BJP says to lower income tax rates for middle class if re-elected

PM Narendra Modi and BJP president Amit Shah today released the party’s manifesto. New Delhi: Bharatiya Janata Party (BJP) on Monday pledged to revise income tax brackets to help the middle class if the party More...

By Manish Sen On Sunday, March 31st, 2019
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Aadhaar-PAN linking deadline extended to September 30

New Delhi: The cut-off date for intimating Aadhaar number and linking PAN with Aadhaar is September 30, said the Central Board of Direct Taxes (CBDT) in a statement on Sunday. The CBDT has already given several More...

By Ila Choudhary On Saturday, March 16th, 2019
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BSNL clears February salaries of employees: CMD

New Delhi: State-run telecom firm BSNL said Friday the pending February salaries of its 1.76 lakh employees have been cleared. “We have disbursed salary of all employees that was pending for the month of February,” More...

By Manish Sen On Thursday, March 14th, 2019
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BSNL to clear Feb salary of employees by Friday: CMD

New Delhi: Public sector telecom firm BSNL will clear salaries of all employees for February month by Friday, its Chairman and Managing Director Anupam Shrivastava said Thursday. “BSNL will pay salary of More...

By Manish Sen On Saturday, March 9th, 2019
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Maj Gen facing court martial after retirement over disability pension

New Delhi: More than 18 months after his retirement, a Major General is facing a court martial for allegedly providing wrong information to get a higher disability pension. Representative image The officer contested More...

By Manish Sen On Friday, March 8th, 2019
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Punjab CM appeals to protesting employees for DA to resume duties

Chandigarh: Punjab Chief Minister Amarinder Singh Friday evening appealed to protesting employees to resume their duties immediately in the interest of people. Punjab CM Amarinder Singh clarified that despite the More...

By Manish Sen On Thursday, March 7th, 2019
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Calcutta High Court rejects review petition by Bengal govt challenging Dearness Allowance order

Kolkata: The Calcutta High Court Thursday rejected a review petition by the West Bengal government on its order which held that dearness allowance (DA) was a legal right of the state’s employees. The Calcutta More...