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Tuesday, August 31, 2010

Training for Group ‘D’ Employees of Departmental Canteens - DOPT


DOPT Clarification: Regarding Training of Group `D’ Employees of Departmental Canteens. In view of this recommendation of 6th CPC, it has been decided to train all Group `D’ staff of the canteens namely, Safaiwala, Wash Boy, Bearer and Tea/Coffee Maker, working in the non-statutory Canteens, who do not possess minimum essential qualifications, are required to be made multi-skilled for placement in the revised Pay Band – 1 meant for...

Thursday, August 26, 2010

Cabinet Clears the Direct Tax Code (DTC) Bill in Parliament.
The Cabinet at its hour-long meeting chaired by the Prime Minister discussed at length various provisions of the DTC Bill, which will seek to bring about radical reforms and simplification in direct tax structure including the Income Tax rates and exemptions.

Features:* It will be effective From April 1, 2011.
* It will Replace the old Income Tax Act which is 50 years old.
* Employees have to pay less direct tax in each slab of income.
* Limit of exemption for salaries employees : 2 Lakhs.
* Limit of exemption for senior citizens: 2.5 Lakhs.
* Tax for income between Rs. 2 lakhs - Rs. 5 lakhs: 10%
* Tax for income between Rs. 5 lakhs - Rs. 10 lakhs: 20%
* Tax for income over Rs.10 Lakhs 30 %.

Wednesday, August 25, 2010

New Blog

Dear friends
                     This is a new blog created for our association . I request you all to kindly share you views and suggestions to improve the blog contents.

K.K.Devis
Circle Secretary

The template for the blog is designed by Sri. M.G.Rajan OA O/o SRM EK Dn. Kochi-682 011