Tuesday, January 10, 2017
Obtain PAN or Form no 60 from account holders by Feb 28, 2017 - Income Tax Rules Amended
Press Information Bureau
Government of India
Ministry of Finance
08-January-2017 18:17 IST
Income-tax Rules amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than BSBDA) by 28.02.2017.
Income-tax Rules have been amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than BSBDA) by 28.02.2017, if not already done. In this connection, it may be mentioned that RBI vide circular dated 15.12.2016 has mandated that no withdrawal shall be allowed from the accounts having substantial credit balance/deposits if PAN or Form No.60 is not provided in respect of such accounts. Therefore, persons who are having bank account but have not submitted PAN or Form No.60 are advised to submit the PAN or Form No. 60 to the bank by 28.2.2017.
2nd Anomaly Committee Meeting to be held on 11.1.2017
Second Meeting of the Anomaly Committee on the calculation methodology of the Disability Pension for Defence forces personnel as per the recommendations of the 7th Central Pay Commission
IMMEDIATE
MEETING NOTICE
F.No.11/2/2016-JCA(Pt)
Government of India
Ministry of Personnel, PG & Pensions
Department of Personnel & Training
North Block, New Delhi
Dated: 6th January, 2017
MEETING NOTICE
Subject: Second Meeting of the Anomaly Committee on the calculation methodology of the Disability Pension for Defence forces personnel as per the recommendations of the 7th Central Pay Commission.
Monday, January 9, 2017
Obtain PAN or Form no 60 from account holders by Feb 28, 2017 - Income Tax Rules Amended
Press Information Bureau
Government of India
Ministry of Finance
08-January-2017 18:17 IST
Income-tax Rules amended to provide that bank shall obtain and link PAN or Form No. 60 (where PAN is not available) in all existing bank accounts (other than BSBDA) by 28.02.2017.
DoPT launches revamped website
"The Department of Personnel & Training is the coordinating agency of the Central Government in personnel matters, specially in respect of issues concerning recruitment, training, career development and staff welfare."
The Department of Personnel & Training, under the Ministry of Personnel, Public Grievances and Pensions is the coordinating agency of the Central Government in personnel matters, specially in respect of issues concerning recruitment, training, career development and employees welfare. The 'DoPT', is known by almost all the Central Government employees. There is probably any employee who hasn’t seen its website.
Saturday, January 7, 2017
Inter SOL Transaction Limit Fixed in DOP Finacle
Dear All,Inter SOL limit of RS.25,000/- is set in Finacle in transaction menus as part of preventive measures to prevent frauds
SB order was already issued by Directorate on this.
So, it validates the amount for inter SOL transactions
It should NOT check for cheque clearing
If any SOL complaints about issue in cheque clearing due to inter SOL limit, please raise a ticket with service desk besides sharing screenshot
How employees can make full use of their Leave Travel Allowance?
In many organisations, the year-end holidays are a norm. In others, the employees apply for long leave in advance, well ahead of their travel schedule. And if the travel costs are reimbursed by the employer, nothing like it.
Employees who are eligible for Leave Travel Allowance (LTA), as part of their Cost-to-Company (CTC), can claim reimbursement of expenses incurred on travel. This reimbursement is not included in taxable income subject to certain limits and conditions. LTA tax break can be claimed for travel of self and family members for journeys undertaken only within India.
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