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Archives for February 2016

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Finance Minister not given assurance for reviewing the retrograde recommendations of 7th CPC – NFIR

Finance Minister not given assurance for reviewing the retrograde recommendations of 7th CPC – NFIR NFIR National Federation of Indian Railwaymen 3, Chelmsford Road, New Delhi 110 055 Press Statement of M.Raghavaiah, General Secretary Finance Minister Arun Jaitley’s Budget (2016-17) failed to address the genuine aspirations of working class. • The Income Tax Exemption … [Read more...] about Finance Minister not given assurance for reviewing the retrograde recommendations of 7th CPC – NFIR

AICPIN FOR JANUARY 2016 – EXPECTED DA FROM JULY 2016 BEGINS..!

AICPIN FOR JANUARY 2016 – EXPECTED DA FROM JULY 2016 BEGINS..! All India Consumer Price Index for Industrial Workers on Base 2001=100 The Labour Bureau, under the Ministry of Labour and Employment has now released the AICPIN points for the month of January 2016, the index stands at 269. The first index point for the year 2016 has been released by the Central Government and … [Read more...] about AICPIN FOR JANUARY 2016 – EXPECTED DA FROM JULY 2016 BEGINS..!

Highlights of General Budget 2016

Highlights of General Budget 2016 Union Finance Minister Shri Arun Jaitley spoke on the Key Reform Measures in his Budget speech 2016-17 1. The Government is firm on its course towards fiscal consolidation without compromising on its development agenda. 3.5% fiscal deficit is targeted for FY 2017. 2. Total allocation for Agriculture, Farmers’ welfare and Irrigation set at … [Read more...] about Highlights of General Budget 2016

Annual Budget 2016 – Will the income tax slab increase? Or, will it not?

Annual Budget 2016 – Will the income tax slab increase? Or, will it not? “It is important to keep in mind the expectations of Central Government employees, who accurately calculate and set aside more than their one month’s salary to pay income tax each year.” The annual budget of 2016 is being presented today. Expectations are high that Modi Government will fulfill the … [Read more...] about Annual Budget 2016 – Will the income tax slab increase? Or, will it not?