Tax on Provident Fund withdrawn The Centre has withdrawn its proposal to impose tax on Employee Provident Fund (EPF) withdrawals. From the very beginning, Central Government Employees unions all over the country have been opposing the government’s decision to impose tax on the money that they had been saving during their entire careers. After the Union Budget, the Central … [Read more...] about Tax on Provident Fund withdrawn
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General Provident Fund
NFIR writes to PM to withdraw of Budget proposal to levy Income Tax on Provident Fund
NFIR writes to PM to withdraw of Budget proposal to levy Income Tax on Provident Fund Serious resentment among employees against Budget proposal to levy Income Tax on withdrawal of 60% of provident Fund NFIR National Federation of Indian Railwaymen 3, CHELMSFORD ROAD, NEW DELHI – 110 055 Dated: 05/03/2016 Shri Narendra Modiji Hon’ble Prime Minister of India, 152, South … [Read more...] about NFIR writes to PM to withdraw of Budget proposal to levy Income Tax on Provident Fund
Centre decides to withdraw tax on Provident Fund
Centre decides to withdraw tax on Provident Fund News have surfaced that the Prime Minister has instructed the Finance Minister to put a hold on the proposed plan to impose taxes on PF withdrawals. Finance Minister Arun Jaitley is expected to make an official announcement in this regard shortly. Employee unions all over the country have been vehemently opposing the proposed … [Read more...] about Centre decides to withdraw tax on Provident Fund
Deduction of Income Tax on withdrawal of Provident Fund 60%
Deduction of Income Tax on withdrawal of Provident Fund 60% NATIONAL COUNCIL (STAFF SIDE) Joint Consultative Machinery for Central Government Employees 13-C, Ferozshah Road, New Delhi – 110001 E Mail: nc.jchm.np@gmail.com No. NC-JCM/2016 Dated:- 1st March, 2016 To The Hon’ble Finance Minister, Government of India, North Block, New Delhi. Dear Sir, Sub: Deduction of … [Read more...] about Deduction of Income Tax on withdrawal of Provident Fund 60%
Casual Labourers with temporary status-clarification regarding contribution to GPF and Pension under the old pension scheme
Casual Labourers with temporary status-clarification regarding contribution to GPF and Pension under the old pension scheme No.49014/2/2014-Estt (C) Government of India Ministry of Personnel, Public Grievances and PG Department of Personnel and Training Establishment Division New Delhi, North Block, February 26th , 2016 OFFICE MEMORANDUM Subject: Casual Labourers with … [Read more...] about Casual Labourers with temporary status-clarification regarding contribution to GPF and Pension under the old pension scheme