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Showing posts from May, 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.
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CONGRATS TO ALL EMPLOYEES OF INCOME TAX DEPARTMENT! NOTIFICATION ISSUED.................. http://irsofficersonline.gov.in/Documents/OfficalCommunique/1531201360855.pdf
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Additional Relief on death/disability of Government Servants covered by the Defined ContributionPension System (NPS) - Corrigendum  regarding Life Certificate  to para 3(xix) of CGA's OM No.  1(7)/DCPS(NPS)/ 2009/TA/221 dated 02.7.2009 :  1(7)/DCPS(NPS)/2009/TA/A/295 MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE CONTROLLER GENERAL OF ACCOUNTS 7TH  FLOOR , LOK NAYAK BHAWAN NEW DELHI Corrigendum Dated:  27.5.2013 Sub: Additional Relief on death/disability of Government Servants covered by theDefined Contribution Pension System (NPS) Reference is invited to this office OM No. 1(7)/ DCPS (NPS)/2009/TA/221 dated 02.7.2009 on the above mentioned subject. The existing para No. 3(xix) of the above OM has been substituted by the following:- "(xix). The Pension Account holding bank will be responsible for obtaining periodical certificates such as Life Certificate, Re-employed Certificate etc. (as prescribed in CPAO's Scheme for "Payment of Pensions to
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Central Govt. considering retirement age hike Retirement age to be increased ? The Union Government is seriously considering raising the retirement age to 62 for Central Government employees. Obviously, if the Congress announces this before the Lok Sabha polls, it could expect a sizeable vote share. North Block, which houses the Union Ministry of Finance would be more than happy to have 62 years as the retirement age because for next two years the pension funds can accumulate. The UPA2 also wants to put the next government in fiscal tight spot, or what is called the War Room effect of the AICC.  News Source : Rediff News
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CGHS INTRODUCES NEW FACILITY TO CHECK THE STATUS OF MEDICINES ISSUED TO BENEFICIARIES          The Ministry of Health and Family Welfare has now introduced the new facility to the beneficiaries of Central Government Health Scheme to check the status of medicines issued to the individual through its official portal. Central Government Pensioners can now view the status of their medical history through online in home itself. The step by step action has been explained for registration to get the beneficiary details of Medical History... the statement has published in the portal as is given below for your information... To  view history of Medicines issued to you follow the steps given below : 1. open url  cghs.nic.in 2. In the window opened click on button 'Beneficiary Details' 3. Click on button   'Login with Beneficiary ID' 4. In the window opened click on button 'Register Here' 5. In the window opened enter the details and click on button
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