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Showing posts from August, 2013

New Income Tax Rules – Submission of false Aadhaar number may be fined Rs. 10,000

As it is well known that the income tax department has allowed Aadhaar card holders to use the biometric id number in lieu of the Permanent Account Number (PAN). But as per new provision of Income Tax, fine of Rs. 10,000 may be levied in case of wrong Aadhar Number. As per the latest amendments in the Finance Bill 2019, not only allowed people to use Aadhaar in lieu of PAN but also introduced a penalty for giving a false Aadhaar number. However, the new penalty rules are applicable only in cases where you are using Aadhaar in lieu of PAN and where quoting PAN is mandatory according to the income tax department rules. It is well known that although Aadhaar is issued by the Unique Identity Authority of India, yet the fine is not imposed by UIDAI but by the income tax department. Under Section 272B of the Income Tax Act, 1961, the department can impose a penalty in case of default in complying with provisions relating to PAN, i.e., failure to obtain, quote, or authenticate PAN.

CBEC Cadre Restructuring : What next after approval from CoS?

The CBEC cadre review proposal has been approved by the committee of secretaries. Now the question is "will it pass through the 'Group of Ministers' and finally be approved by the cabinet ?" The CBDT cadre review followed this way. But sources indicated that as the committee of secretaries did not make any major change in the proposal, it is not required to go to the 'Group of Ministers'. The cabinet note is likely to be prepared within a couple of days and the file will be sent for cabinet approval. It is expected that the proposal will be cleared by the cabinet by 13th September. Source : http://paycommissionupdate.blogspot.in/

Instruction of CBDT on N.R. Parmar case.

URGENT COURT MATTER SPEED POST F.No.C-18012/26/2003-V&L(Pt. II) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 26 th Aug., 2013  To, All the Chief Commissioners of Income Tax (CCA), Sub:   Judgement of the Hon'ble Supreme Court dated 27.11.2012 in the case of UOI & Ors.Vs. N.R. Parmar & Ors. -Reg.- Sir/Madam, I am directed to refer to the subject cited above and to state that the advice of DoPT is being sought on the decision of Hon'ble Supreme Court in the case of Sh. Parmar. However, presently the DoPT has returned the file with the following advice: "The DoR has sought our advice on the implications of the judgment of Supreme Court dated 27.11.2012 in the case of Sh. N.R. Farmer & Ors.. This department is already seized with this issue in the contact of the impact of Supreme Court judgment on the policy for determination of inter se seniority of direct recr

CBEC Cadre restructuring News ; Secretaries approved CBEC cadre review

Committee of Secretaries finally approves CBEC Cadre Review.  As per the information available, 14 Apex Grade posts approved; 38 HAG+ & 100 HAG , 340 SAG,    2118 posts approved for promotion from Group B to Group A. After approval from the secretaries it is likely to go to Group of Ministers and finally to Cabinet for approval. Source : http://paycommissionupdate.blogspot.in/

Implementation of cadre Restructuring of Income Tax Department :Decisions of Extended secretariat meeting of ITEF held on 24.08.2013

The Extended Secretariat meeting of ITEF was held as scheduled on 24th August, 2013. ITEF(CHQ) issued a circular in this regard, details thereof is as under: 1.               Allocation of newly created Posts:             The Extended Secretariat meeting of ITEF was held as scheduled on 24th August, 2013 to consider, among other things, the principle of allocation of newly created posts in the cadre restructuring.  Prior to the Secretariat meeting, the sub-committee formed for this purpose met and finalized the draft allocation.  The draft allocation was prepared on the basis of the formula adopted and other suggestions approved by the Central Working Committee Meeting held on 28th July, 2013 at New Delhi.  The draft proposal was subjected to detailed discussions in the Secretariat meeting.  Some circles pointed out discrepancies in the figure of work load adopted by the Committee.  Though the Committee has adopted the figures available on official records, it was decided to ve

Complaints against CGHS & Govt initiatives to improve the services

The Central Government Health Scheme (CGHS) is providing comprehensive healthcare facilities to the Central Government employees and pensioners and some other select categories of persons in 25 cities across the country. Government has taken a large number of initiatives over last few years to improve the functioning of CGHS which have yielded positive results. However, the Ministry has also been receiving suggestions, representations and complaints on various aspects of the functioning of this Scheme. The complaints reported from different States are generally of similar nature and can be broadly classified in the following categories: 1. The number of private hospitals on the panel of CGHS in some cities including Thiruvanathpuram, Kerala, is not adequate. 2. The number of CGHS dispensaries is not adequate. 3. Need to cover more cities under CGHS. 4. Shortage of doctors and staff in dispensaries. 5. Impolite and rude behavior of dispensary staff. 6. Delay in suppl

Government sets-up Tax Administrative Reform Commission (TARC)

In his Budget Speech 2013-14 in the Parliament on 28.02.2013, the Finance Minister had announced as under:      “An emerging economy must have a tax system that reflects best global practices. I propose to set-up a Tax Administration Reform Commission to review the application of tax policies and tax laws and submit periodic reports that can be implemented to strengthen the capacity of our tax system.”              Accordingly, the government has set-up a Tax Administration Reform Commission (TARC). The term of the Commission will be 18 months. The Chairman of the Commission is Dr. Parthasarathy Shome and will be in the rank of Minister of State. The Terms of Reference of the Commission will be as follows:- ·                  To review the existing mechanism and recommend appropriate organizational structure for tax governance with special reference to deployment of workforce commensurate with functional requirements, capacity building, vigilance administration, resp

Five New IIITs Start from this Year Under PPP Mode

Five New Indian Institute of Information Technology (IIITs) in the Public Private Partnership (PPP) mode have started from this academic session. They are Chittoor in Andhra, Kota in Rajasthan, Tiruchirapalli in Tamil Nadu, Guwahati in Assam and Vadodara in Gujarat. This is a part of a major step taken by the HRD Ministry to promote 20 IIITs in the current Five Year Plan under this scheme. Five more are expected to start from the next year. These Institutes are steps forward in promoting academia – Industries Partnership in technical education as the content of the Syllabi will be Industry aligned. The employability of the students will vastly improve. There will be more Research in the specific field required by the IT Industry and there will be greater interface between Teaching and Industry. The Confederation of Indian Industries after a survey had earlier said that only one in four graduates passing the B.Tech exams. are worth getting a job. The next five IIITs to star

There is no proposal to increase the age of retirement of Government employees : Rajyasabha Question Answer

In reply to question raised on plan to increase the retirement age of Government employees, Minister of State in the Prime Minister’s Office stated that there is no proposal to increase the retirement age of government employee from 60 to 62 years. It is a break in all divination of enhancement of retirement age. It is hopeless news for retiring employees whereas it is good news for those employees who are waiting for their promotion on account of retirement.           The details of question answer is as below : UNSTARRED QUESTION NO-1465 ANSWERED ON-22.08.2013 Plan to increase retirement age of Government employees 1465 . SHRI PANKAJ BORA (a) whether Government has any plan to increase the retirement age of Government employees; and (b) if so, by when and if not, the reasons therefor? ANSWER

Additional Relief on Death/Disability of Govt. Servants (Civilians) Covered Under New Defined Contribution Pension System NPS: Procedures to be adopted for Submission of Claims.

OFFICE OF THE PR. CONTROLLER OF DEFENCE ACCOUNTS (PENSIONS) DRAUPADI GHAT, ALLAHABAD – 211014 Circular No –110                                                       No. GI/C/Misc/NPS – I/Tech                                                                                         Dated : 12.08.2013 Sub: - Additional Relief on Death/Disability of Govt. Servants (Civilians) Covered Under New Defined Contribution Pension System NPS: Procedures to be adopted for Submission of Claims. Ref:- This office Important Circular No. 79 dated: 29-10-2010 Para 1 & 4 of the Circular No. 79 dated 29-10-2010 is amended to read as under:- Para No-1. H.O.O will prepare pension papers in case of NPS beneficiaries in accordance with the same procedure as prescribed for Defence Civilian Personnel appointed before 01-01-2004 and will submit the same along with Service Book and all the relevant documents (which is required in case of pre-01-01-2004 Cases) to PAO

Cabinet likely to consider Direct Taxes Code Bill tomorrow

The Cabinet is likely to consider the Direct Taxes Code (DTC) Bill on Thursday, which seeks to overhaul the over 50-year old income-tax law, with minor rejigs in the draft, including in the income-tax slabs. "The DTC Bill is on the agenda of the Cabinet meeting tomorrow," a source said. The exemption limit at Rs 2 lakh for individual tax payers is unlikely to be touched, but a new slab of 35 percent may be introduced for the super-rich. Besides, Minimum Alternate Tax (MAT) may be levied on book profit and not on gross assets, sources said. Further, the Securities Transaction Tax (STT) is likely to be retained, as against the recommendation of the Standing Committee on Finance that the levy be abolished. Among other things, the Standing Committee, headed by senior BJP leader Yashwant Sinha, had suggested raising the income-tax exemption limit to Rs 3 lakh from Rs 2 lakh proposed in the DTC Bill, 2010. The DTC bill, which aims to rationalize tax rates to b

DA FORMULA MAY GOING TO BE CHANGED : New series of Consumer Price Index (Base for calculation of D.A) under preparation

Ministry of Labour and Employment, Government of India has decided to prepare a new series of Consumer Price Index for Industrial Workers. For this purpose, Government has set up a Standing Tripartite Committee (STC) to advise the Government on issues pertaining to the Consumer Price Index for Industrial Workers (New Series). The STC will go into details of various parameters that are taken into consideration for updation of the base year such as the weighting diagram, consumption basket, selection of centres, sample size of establishments for price collection etc.

Implementation of Cadre Restructuring of Income Tax Department : Circular of ITEF.........

ITEF (Income Tax Employees Federation), Central Head Quarter, New Delhi today issued a circular regarding implementation of cadre restructuring of Income Tax Department. Full details are as under: INCOME TAX  EMPLOYEES  FEDERATION Dear Comrades,             This is with reference to the contents of the Circular No. 28, wherein the decision of the Central Working Committee Meeting held on 28th July, 2013 was communicated.  The decisions of the CWC on our proposal for implementation of the Cadre Restructuring, including the yardstick for Charge-wise allocation of posts, amendments to the Recruitment Rules etc. were discussed by the Sub-Committee.  The sub-committee is finalizing our proposal incorporating the suggestions made and approved by the CWC.  To discuss and finalize the same, an extended Secretariat Meeting is being convened on 24th August, 2013 at Manishinath Bhawan, New Delhi .     Taking into account the importance of the issue and short time available with u

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Government Servant can't avoid transfers, Court says

An Army engineer, who succeeded in nixing his first transfer in 2011 by approaching the Central Administrative Tribunal (CAT), failed to earn similar relief a second time with the CAT as well as the Madras high court saying there was no scope for interference in routine transfers. "A government servant holding a transferable post has no vested right to remain posted at a particular place," a division bench of the court comprising Justice R Banumathi and Justice TS Sivagnanam said last week. The judges were passing orders on a petition filed by PR Anand Kumar, who entered the Military Engineering Services as surveyor assistant in 1985. Later, the post was re-designated as junior engineer. On November 8, 2011, Anand was transferred from Chennai to Visakhapatnam. When his request to be retained in Chennai was rejected, he approached the CAT. Citing paragraph 36(b)(c) of the transfer guidelines, the CAT said he ought not to have been transferred in the middle of an a

Implementation of Cadre Restructuring of Income-tax Department : Approach and Contention of ITEF and ITGOA

Income Tax Department is the first department where Cadre Restructuring is going to implement after 6th Pay Commission. As you all are well aware that a core committee and 7 sub-committees have been set up for the implementation of Cadre Restructuring of Income Tax Department. For proper implementation, region wise committees and subcommittees are also set up in all CCIT(CCA) regions. The time limit of these committees and subcommittees is 3 months. These committees have to submit their final report within the time frame. CBDT has assured that whole implementation will be completed upto the end of this calender year. Now here are some news from the corridors of CBDT, ITEF and ITGOA. Click Here  

Revision of Income Criterion for OBCs

The Government has increased the income criterion for the persons to avail reservation benefits for Other Backward Classes from Rs. 4.5 lakh to Rs. 6 lakh per annum with effect from 16.05.2013. The increase in the income limit to exclude Creamy Layer is in keeping with the increase in the Consumer Price Index. The increase in income limit of Creamy Layer would enable more people of Other Backward Classes to take advantage of reservation in Government Services and admission in Central Educational Institutions, thereby bringing about equity and greater inclusiveness in society. 

Government has set up a GoM to discuss the workers' demands

Government has set up a Group of four Ministers led by Shri A.K. Antony to discuss the workers` demands with the united front of trade unions. Two meetings of the Group of Ministers (GoM) were held on 18.02.2013 and 22.05.2013 in which the ten point Charter of Demand of the trade unions were discussed. The discussions remained inconclusive and it was decided that the issues/demands will be considered by the Group of Ministers themselves before further discussions with the Central Trade Unions representatives. As such, no final recommendation has been given by the GoM. This information was given by Minister of State for Labour & Employment Shri Kodikunnil Suresh in the Lok Sabha today in reply to a written question.

Withdraw Contributory Pension Scheme : Confedeation of Central Government Employees & Workers

  CONFEDERATION OF CENTRAL GOVT. EMPLOYEES & WORKERS As you are aware, Central Government is going ahead with their agenda on pension privatization. The controversial PFRDA Bill (Pension Fund Regulatory and Development Authority Bill) is listed as an agenda item for the current Parliament session. The bill may be taken up for discussion in Parliament on any day. Confederation of Central Government Employees & Workers has opposed the Contributory Pension Scheme and also the PFRDA Bill from the very beginning. We have conducted so many agitational programmes including strike. The left parties in the parliament have also strongly opposed the Bill.  In spite  of the opposition from employees (both Central Government and State Government Employees & Teachers) and also from left political parties, the Central Government is not ready to withdraw the contributory Pension scheme or to scrap the PFRDA Bill. The National Secretariat of the Confederation has viewed the

Overwhelming Response to e-Filing of Income Tax Return : 123.03 Lakh Returns e-Filed till 5th August, 2013 which is 68.3% higher than the returns e-Filed in the corresponding period during Last Year: 6.92 Lakh returns e-Filed on 5th August, 2013 Itself

The due date for filing of Income Tax Return for Individuals, HUFs and non-auditable cases for A.Y. 2013-14 was extended by the Central Board of Direct Taxes (CBDT) from 31st July to 5th August, 2013 as there was an overwhelming response to e-filing from every corner of the country. 123.03 lakh returns have been e-filed till 5th August, 2013 which is 68.3% higher than 73.11 lakh returns e-filed in the corresponding period during last year. 6.92 lakh returns were e-filed on 5th August, 2013 itself. The assessees having salary income can file return using ITR 1 or ITR 2. Up to 5th August, 87,13,493 returns were e-filed under ITR 1 and ITR 2 which is 85.8% higher than the 46,90,279 returns e-filed under ITR 1 and ITR 2 in the corresponding period last fiscal.

Tax Deductors Who Default In Depositing TDS by Due Date Shall be Liable for Prosecution: CBDT

It has come to the notice of Income Tax Department that many times the tax deductors, after deducting TDS from specified payments, are deliberately not depositing the taxes so deducted in Government account and continue to deploy the funds so retained for business purposes or for personal use. Such retention of Government dues beyond the due date is an offence liable for prosecution under Section 276B of the Income Tax Act, 1961. The defaulter, if convicted, can be sentenced to Rigorous Imprisonment (RI) for a term which can extend upto seven years. The TDS units of Income Tax Department have been taking up prosecution proceedings in suitable cases where TDS has been retained beyond the due date. The Central Board of Direct Taxes has partly modified existing guidelines for identification of cases for launching prosecution. As per the revised guidelines, the criterion of minimum retention period of 12 months has been dispensed with. For the benefit of public at large, it is n

Extension of RTI Web Portal for Online Filing of RTI Application

Department of Personnel and Training issued a Office Memorandum No. 1/1/2013-IR dated 30.07.2013 regarding extension of RTI Web Portal for online filing of RTI Application. DOPT intimated that the facility of RTI online web portal has been extended to 37 Departments/ Ministry of Government of India. It is planned to extend this facility to all the remaining ministry/ Department of Government of India by Mid day of August 2013. DOPT further clarified that this facility is not proposed to be extended for field offices/ attached/ subordinate offices.