ALL VETERANS ARE REQUESTED TO SEE THE WEB SITE & GIVE YOUR VALUABLE COMMENTS/SUGGESTIONS

The latest policy letter on ECHS cards is posted as received.

, by indianmilitaryveterans

Tele : 25684645
Telefax : 011-25684946
Email : jditechsl@echs.gov.in

Central Organisation ECHS
Adjutant General’s Branch
Integrated Headquarters of
MoD (Army), Thimayya Marg,
Near Gopinath Circle,
Delhi Cantt- 110 010

B/49711-NewSmartCard/AG/ECHS                                                                                                                                19 Dec 2018

IHQ of MoD (Air Force)
IHQ of MoD (Navy)
HQ South Comd (A/ECHS)
HQ East Comd (A/ECHS)
HQ West Comd (A/ECHS)
HQ Central Comd (A/ECHS)
Northern Comd (A/ECHS)
South West Comd (A/ECHS)
All Area Headquarters
All Regional Centres

UTILISATION OF ECHS SERVICES BEYOND 31 DEC 2018

1. Refer to Central Organisation, ECHS, letter No B/ 49711- NewSmartCard/ AG/ ECHS dated 31 Aug 2018.

2. At present, approximately 52 Lakh beneficiaries are dependant on ECHS. To utilize the benefits of ECHS, these beneficiaries have been issued with different type of documents with different validity dates and in few cases beneficiaries do not hold any authorized document. Various categories of beneficiaries based on document’s status are as under:-

(a) New 64 Kb ECHS Smart Card obtained.

(b) New 64 Kb ECHS Smart Card applied successfully but cards awaited.

(c) 32 Kb ECHS Smart Card holder and not yet applied for new 64 Kb ECHS Card due to 32 Kb ECHS Card not completed 10 years from date of issue.

(d) NRIs who have yet to apply for new 64 Kb Cards.

(e) ECHS beneficiaries, who could not apply for new 64 Kb ECHS Card due to Aadhar Card not possible to be made for them.

(f) Applied for New 64 Kb ECHS Smart Card but application under observation.

(g) Temporary Slip holder and not applied for new 64 Kb Cards.

(h) 16 Kb Card holders not applied for new 64 Kb Cards.

3. To sensitize the environment with the status and verification process of various Cards/documents/cases listed above, case by case information is provided in the succeeding paragraphs.

4. New 64 Kb ECHS Smart Cards Obtained.

(a) The new 64 Kb Cards issued to the beneficiaries are preactivated Cards. A Kiosk is being installed with necessary software Pan India in a phased manner to automate the Smart Card process at polyclinics. ECHS services will continue to be provided to such category of persons.

(b) Polyclinics where the new equipment is not yet installed, 64 Kb Cards will keep getting their entitled treatment and these Cards to be used as visual identity and handled as Temporary Slip to provide ECHS treatment including referral of beneficiary to empanelled hospitals. In case an individual who has collected new 64 Kb Card and wants to change the data or has already lost it, then a provision has been created online to fill up online application for loss of 64 Kb Card/change in data.

5. New 64 Kb ECHS Smart Card Applied Successfully but Cards Awaited. These category of beneficiaries have the facility to down load temporary slip once they login using their login credentials. These temporary slips are now valid for six months in first stage and have to be authenticated by the OIC of their respective parent polyclinic. In case for some reason, the new 64 Kb Cards do not reach the beneficiary in six months then temporary slip can be further extended by another three months by the OIC parent polyclinic. These temporary slips enable the beneficiary all entitled treatment. After receipt of Cards, these category of persons will utilize the facilities as per Para 4 above.

6. 32 Kb ECHS Card Holders & Not Yet Applied for 64 Kb Cards. All 32 Kb Cards are valid for 10 years from date of issue. This category will continue getting their entitled treatment till these Cards are valid. They will have to apply for 64 Kb Cards, at least six months prior to the termination of 10 yr validity period. Subsequent treatment will depend on lines of 64 Kb Card holder as at Para 4 above. These persons can apply for new 64 Kb Cards earlier than completion of 10 year validity period.

7. NRIs who have Yet to Apply for New 64 Kb Cards. These category of beneficiaries can apply for new 64 Kb Card online as an exception is being created in the Online Application module for these category of beneficiaries. This is likely to be available online by 31 Dec 2018. In this connection please refer to Central Org, ECHS letter No B/49711-DBT/AG/ECHS dated 09 Nov 2018 (Copy attached for ready reference). These persons must apply at the earliest but not later than 30 Jun 2019. Their current membership Card will be valid till 30 Jun 2019.

8. ECHS Beneficiaries who could Not Apply due to Aadhar Card Not Possible to be Made. These category of beneficiaries who are unable to prepare Aadhar Card due to age related issues or medical condition of the individual will be governed as per Central Organisation letter No B/49711-DBT/AG/ECHS dated 09 Nov 2018 (Copy attached). A provision for the same is being made for online application by 31 Dec 2018. These persons must apply at the earliest but not later than 30 Jun 2019. Their current membership Card will be valid till 30 Jun 2019. While they can apply till 30 Jun 2019, they must come to polyclinic for treatment along-with Non feasibility of Aadhar generation certificate’ after 31 Mar 2019.

9. Applied for New 64 Kb Smart Card but Application Under Observation. These category of beneficiaries will fall under the following categories :-

(a) 32 Kb Card holder will keep getting his entitled medical benefits based on his 32 Kb Card.

(b) Temporary Slip holder to get his temporary slip extended by another three months from the OIC parent polyclinc to get entitled medical benefits. However, the beneficiary should get his observations cleared on priority. They will be ineligible if the observations are not rectified by 31 Mar 2019.

(c) 16 Kb Card holder can down load temporary slip online which will be valid for six months. This temporary slip has to be validated by the OIC parent polyclinic. However, the beneficiary should get all observations cleared on priority and must be settled latest by 31 Mar 2019.

10. Temporary Slip Holder and Not Aapplied for New 64 Kb Cards. All Temporary Slip holders to apply for new 64 Kb ECHS Card on priority. Any ESM approaching Polyclinics for medical treatment will be required to first fill the Online Application for 64 Kb Card at the Facilitation Centre of the Polyclinics & then avail the facilities. Observation in Online Application, if any should be cleared latest by 31 Mar 2019.

11. 16 Kb ECHS Card Holder and Not Yet Applied for New 64 Kb ECHS Card. 16 Kb ECHS Cards will expire on 31 Dec 2018. All 16 Kb Card holders wef 01 Jan 2019 on approaching ECHS polyclinics to avail any medical facility will have to fill up online application for new 64 Kb Card at the Facilitation Centre located at the polyclinic. On successful filling up of the online application, provision will be made to enable down loading of a temporary slip which will be valid for six months after countersignature from OIC, parent polyclinic. The beneficiaries will be able to get entitled medical cover on production of temp slip and 16 Kb Card. The process of filling up of online application and clearing of observation if any should be completed latest by 31 Mar 2019.

12. In case beneficiary is a case of emergency, he/she will be allowed treatment subject to his/her being authorized ECHS member at the discretion of OIC Polyclinic after due deliberation. All actions pertaining to new 64 Kb Card making can follow subsequent to medical examination &/0r treatment.

13. This information may be disseminated to the environment for information of all ECHS beneficiaries. All Regional Centres will ensure that all polyclinics under them are informed on priority.

(Rakesh Kakar)
Colonel (Retd)
Jt Dir (Stats & Automation)
for MD ECHS

Click on this link to view the signed

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Greetings

, by indianmilitaryveterans

Image result for xmass 2018  greetings



DEAR  CHRISTIAN VETERAN BROTHERS AND FAMILIES,


“Thinking warmly of each of you and wishing your family an extra measure of comfort, joy and hope this Christmas.”

" A VERY HAPPY CHRISTMAS-2018 "






Image result for xmass 2018  greetings

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Important changes in income tax rules that you need to be aware of

, by indianmilitaryveterans

Indian Military Veterans

Important changes in income tax rules that you need to be aware of
From long-term capital gains tax on equity investments to higher interest income exemption for senior citizens to introduction of dividend distribution tax on dividend received from equity mutual funds, this year saw many changes in income tax rules. Many of these were introduced as part of Budget 2018-19. This year also saw the introduction of standard deduction for salaried employees. Senior citizens were also allowed higher deduction on health insurance premiums.
Here are some of the important changes in income tax rules:
1) Higher interest income exemption for senior citizens
For senior citizens, the government increased interest income exemption limit on bank and post office deposits to Rs 50,000, from Rs 10,000 earlier. In addition, for senior citizens, tax deduction at source (TDS) will not be triggered if interest income is up to Rs 50,000.
2) Dividend distribution tax on dividends from equity mutual fundsDividends distributed by equity mutual funds, which were earlier tax-free, attracted tax at the rate of 10%. Remember that dividends from equity mutual funds are tax-free in the hands of investors. But dividends from equity mutual funds are paid after deducting a dividend distribution tax (DDT) of 11.648% (including cess), which reduces the in-hand return for investors.
3) Long-term capital gains tax on equities
From 1 April 2018, a new long-term capital gains (LTCG) tax regime on equity instruments – listed shares or equity-oriented mutual funds – came into effect. Earlier such gains on equity were exempt from tax. Now investors have to pay 10% tax on gains exceeding Rs 1 lakh a year. Equity holding beyond a year is considered long term. However, to soften the blow, the government introduced a grandfathering provision, which means that if listed shares or equity funds were acquired before February 1, there would be no levy of long-term capital gains tax.
4) Rs. 40,000 standard deduction
Standard deduction was introduced in this year’s budget in lieu of the earlier exemption in respect of transport allowance and reimbursement of miscellaneous medical expenses. Unlike other deductions and exemptions, to claim standard deduction, one need not provide any documents and proof. A salaried individual or pensioner can claim standard deduction up to Rs 40,000 from his/her income.
5) Higher cessThe government raised the cess on income tax to 4% from 3% for individual taxpayers on the amount of income tax payable 6) Tax exemption on NPS for the self-employed
Employees contributing to the National Pension System (NPS) were allowed to withdraw up to 40% of the total corpus without any tax at the time of maturity or closure of the account. The same benefit has now been extended to self-employed subscribers.
7) Lock-in period of 54EC bonds increased
Long-term profits from real estate sales are tax-free if invested in specified bonds under Section 54EC. Till last year, you had to stay invested in the 54EC bonds for at least three years to enjoy the tax break, but from this year, your money will be locked in for five years.
8) Higher deduction on health insurance premiums
Senior citizens now can avail deduction of up to Rs 50,000 for health insurance premium under Section 80D. Earlier the limit was Rs 30,000. Also, the deduction available for payment towards medical treatment of specified disease has been hiked to Rs 1 lakh for senior citizens.9) Govt brings NPS on a par with PF, makes it tax-free
The Union Cabinet recently approved many changes in the NPS to make it more attractive for investors. NPS will be made fully tax-free on withdrawal. Subscribers will get full tax exemption on the 60% of the corpus that an investor is allowed to withdraw on maturity. This will help bring the NPS on a par with other tax-saving instruments like the PPF where withdrawals are fully tax-free. This is likely to be effective from April 1 next year. (Read: NPS rule changes explained in 10 points)
10) More tax benefits on single premium health insurance policies
In cases where premium for health insurance for multiple years has been paid in one year, the deduction shall be allowed on proportionate basis for the number for years for which the benefit of health insurance is provided.

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HOW WE ARE BEING USED FOR THEIR BENEFITS & CHEATED

, by indianmilitaryveterans

Indian Military Veterans

HOW WE ARE BEING USED FOR THEIR BENEFITS & CHEATED

LET US LISTEN TO VETERAN MOHANARANGAN ON THIS SUBJECT

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Army Personnel Feel Let Down by Govt’s Refusal to Hike Military Service Pay

, by indianmilitaryveterans

Indian Military Veterans

WHO FEEL LET DOWN & BY WHOM

Army Personnel Feel Let Down by Govt’s Refusal to Hike Military Service Pay
MSP is given besides salary in recognition of the condition and hardship faced by the armed forces while performing their duties.
Army
Image for representational use only. Image Courtesy: Indian Express
The government’s rejection of a long-standing demand of the armed forces for higher Military Service Pay (MSP) for around one lakh personnel, including Junior Commissioned Officers (JCO's), has left many upset in the Armed Forces.
The MSP is given besides salary in recognition of the condition and hardship faced by the armed forces while performing their duties. This concept was introduced in India in the Sixth Pay Commission.
Around 1.12 lakh military personnel, including 87,646 JCOs and 25,434 personnel of equivalent rank from the Navy and the Indian Air Force will be impacted by the decision. The armed forces this time round had sought a hike from Rs 5,500, as recommended by the Seventh Pay Commission in 2016, to Rs 10,800 per month in MSP for JCOs and other low-ranking officers in Army, Indian Air Force and Navy. Had the proposal gone through, the financial spending would have amounted to Rs 610 crore.
The MSP has two categories, including one for officers and another for JCOs and jawans. The Seventh Pay Commission had fixed Rs 5,200 as MSP per month for JCOs and jawans. This special allowance was fixed at Rs 15,500 for officers between Lieutenant-rank and Brigadier-rank.
The Army has been pressing for granting an MSP of Rs 10,800 for the JCOs, arguing that they are gazetted officers (Group B) and play a very vital role in command and control structure of the force. “JCOs perform a crucial role in the overall command structure and are the link between officers and men. It was not the right thing to treat the JCOs on a par with the jawans as regards granting MSP since JCOs are gazetted officers with long years of service” a source serving in the Indian Army told Newsclick who did not wish to be named.
Sources also claim that the Army Headquarters is anguished over the rejection of higher MSP to JCOs and the Defence Ministry is also miffed. In 2016, the three service chiefs had taken up salary-related issues including the "anomalies" in MSP with the 7th Pay Commission as well as with the top echelon of the government.
Subsequently, the Army had taken up the issue strongly with the Defence Minister and the three services as well as the Defence Ministry were on the same page on the issue.
“On the rationale for MSP, soldiers and their civilian counterparts in Central Government services cannot be compared given the fact the nature of duties performed by jawans and JCOs are more difficult. It is in this context that the armed forces for long were demanding a separate MSP for JCOs,” another military serviceman told Newsclick.
Retired Major Priyadarshi told Newsclick, “Legally, military nurses are paid an MSP Rs 10,800 as proposed in the 7th Pay Commission. Military nurses and JCOs are both Grade B officers, therefore JCOs are also entitled to a similar MSP. It is a very disappointing decision by the Government which has time and again claimed to be “for the army” and defence personnel.”
The Army operates in all kinds of terrain and weather conditions ranging from Siachen where temperatures range from minus 10 to minus 30, hot deserts of Rajasthan, inaccessible areas along the 750-km long Line of Control with Pakistan and 4,000-km Line of Actual Control facing China from Ladakh in the north to Arunachal Pradesh in the east. Similarly, Navy and IAF perform operational duties in tough conditions.
Priyadarshi further said that “the attitude of the Indian Government highlights the sad state of civilians towards the military servicemen.JCOs must be given due importance in recognition of their key role and to keep their morale high.”

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Increase in 7th CPC Pay Fitment Factor and HRA – Rajya Sabha QA

, by indianmilitaryveterans

Indian Military Veterans
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
RAJYA SABHA
QUESTION NO 78
ANSWERED ON 11.12.2018
Increase in pay fitment factor and HRA
78 Shri Ravi Prakash Verma
Shri Neeraj Shekhar
Will the Minister of FINANCE be pleased to state :-
(a) whether Government proposes to raise the fitment factor under 7th Central Pay Commission (CPC) from 2.57 for intermediate and lower officials to 2.81 which has been implemented for senior officials under 7th CPC;
(b) if so, the details thereof;

(c) if not, the reasons therefor;
(d) whether Government would increase the HRA from 24 per cent to 30 per cent of basic salary as it was under 6th CPC in view of non-availability of rented accommodations within 24 per cent of basic salary in metro cities;
(e) if so, the details thereof; and
(f) if not, the reasons therefor?
ANSWER
MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI P. RADHAKRISHNAN)
(a) to (c): The fitment factor for the purpose of fixation of pay in the revised pay structure based on the recommendations of the 7th Central Pay Commission is 2.57 which is uniformly applicable to all categories of employees. As the same is based on the specific and considered recommendations of the 7th Central Pay Commission, no change therein is envisaged.
(d) to (f): The Government vide Resolution dated 6th July, 2017 decided that HRA shall be revised to 27%, 18% and 9% of Basic Pay in X, Y and Z cities when Dearness Allowance (DA) crosses 25% and further to 30%, 20% and 10% of Basic Pay in X,Y and Z cities when DA crosses 50%.
Source : Rajya Sabha

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Implementation of Court/ AFTs orders – Broad banding of disability element in respect of Armed Forces Personnel retired/ discharged

, by indianmilitaryveterans

Indian Military Veterans

Implementation of Court/ AFTs orders – Broad banding of disability element in respect of Armed Forces Personnel retired/ discharged

OFFICE OF THE PR.CONTROLLER OF DEFENCE ACCOUNTS (PENSIONS)
DRAUPADI GHAT, ALLAHABAD – 211 014
Circular No. 612
Dated: 17.12.2018
To,
The O I/C
Records/PAO (ORs)
………………………………
………………………………
Subject:- Broad banding of disability element in respect of Armed Forces Personnel retired/ discharged on completion of terms of engagement with disability/ aggravated by or attributable to Military Service – Implementation of Court/ AFTs orders.
Reference:- This office Circular No. 561 dated 10.06.2016.
*********
Consequent upon issue of AG/PS-4 (Pen/Legal) letter No. PC­A/70545/679/RRB/MI-20(A3) dated 25.07.2018 (copy enclosed) regarding broad banding of disability element in respect of Armed Forces Personnel retired/ discharged on completion of terms of engagement with disability/ aggravated by or attributable to Military Service – Implementation of Court/ AFTs orders, it is clarified that the PCDA(P), Allahabad/ PSAs can only issue PPO to affected petitioners after receiving the Govt. sanction letter issued by Services Headquarters in each and every case along with the claim from ROs.
2. Therefore, this office Circular No. 561 dated 10.06.2016 stands cancelled in toto.
3. This circular has been uploaded on official website of this office pcdapension.nic.in.
No. Gts/Tech/05/LXXXI                                                              
Dated: 17.12.2018
(Sandeep Thakur)
Addl. CDA(P)


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ENDORSEMENT OF FAMILY PENSION- RE-EMPLOYED VETERANS.

, by indianmilitaryveterans

Indian Military Veterans



 
DUAL FAMILY PENSION- RE-EMPLOYED VETERANS.

Family pension was eligible from one Department only prior to 24-09-2012.
Now , as per CDA cir 504, Families are eligible for 2 family (DUAL) pension ., one from Military and the other from  Civil/DSC/RAILWAY/ POSTAL DEPT/ Banks..

Our Re-employed veterans,  who retired  prior to 24-9-2012 will be having PPO for one Family pension  because the Rule  at that time  was only one FAMILY pension from one source /dept.

Such Re-employed veterans are  advised  to write  to their Record Office/ Department  for ENDORSEMENT OF FAMILY PENSION   for the 2ndservice/ 1st Service..

All these veterans are requested to take it seriously and confirm  that the ENDORSEMENT  is available on both the PPOs
Military and Civil .

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Good be CSD Canteen. *One more kick to armed forces

, by indianmilitaryveterans

Indian Military Veterans
PLEASE CLICK THE BELOW LINK.


Rules of appointment for Chairman CSD being changed. *In next six months, JS from MoD to head*. CSD to open for other departments. *Profit to other departments from June 19 onwards*. Already CSD serving 7 lakh civilians. Good be CSD Canteen. *One more kick to armed forces*

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LIST OF RECORDS OFFICES WITH CONTACT DETAILS

, by indianmilitaryveterans

Indian Military Veterans

Record offices contact details

Please click here

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New Indent Form for CAR from CSD

, by indianmilitaryveterans

Indian Military Veterans


New Indent form for Car purchase from CSD
Please Clich hereCar Indent form

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CSD - Indent Form

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Click here for CSD Indent FormIndian Military Veterans

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CSD Items - Group

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Indian Military Veterans
Items available in CSD are grouped into categories

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7th CPC Central Government has rejected the main demand for higher Military Service Pay for Junior Commissioned Officers

, by indianmilitaryveterans

Indian Military Veterans


7th CPC Military Service Pay (MSP)

Govt Rejects Main Demand

7th CPC Military Service Pay (MSP) - Govt Rejects Main Demand

Central Government has rejected the main demand for higher Military Service Pay for Junior Commissioned Officers.
As per the media news today, the Army Headquarters was very upset over the decision of the Finace Ministry. Around 1.12 lakh military personnel including 87,646 Junior Commissioned Officers and 25,434 personnel of equivalent rank from the Navy and the India Air Force will be impacted by the decision.
The Defence Force Personnel, particularly the JCOs in Army, demanded to increase the MSP from Rs.5500 to Rs.10000. Earlier the 7th Central Pay Commission has recommended MSP Rs.5200 to JCOs.(Table shown the rates of MSP recommended by 7th CPC)
7th Central Pay Commission has applied a common multiplication factor of 2.57 on MSP of JCOs and ORs. As per methodology, the MSP has been raised to Rs.5200 pm from Rs.2000 pm.
The long pending demand on MSP that the commission forgot to consider that both JOCs and Equivalents are also Group 'B' Officers.
Whereas, the Group 'B' officers in Military Nursing Service, MSP had been fixed Rs.10800 pm. All JCOs and ORs (Combatants) demanded to raise the MSP to Rs.10000 pm at par with MNS Officers.
The 7th CPC recommended the rates of MSP was as follows:
DesignationExisting Rate of MSPRecommended by 7th CPC
Service Officers600015500
Nursing Officers420010800
JCO / ORs20005200
Non Combatants (Enrolled) in the Air Force10003600

MSP will continue to be reckoned as Basic Pay for purposes of Dearness Allowance, as also in the computation of pension. Military Service Pay will however not be counted for purposes of House Rent Allowance, Composite Transfer Grant and Annual Increment.
The Military Service Pay, which is a compensation for the various aspects e.g., intangibles linked to special conditions of service, conducting full spectrum operation including force projection outside India's boundaries, superannuation at a younger age and for the edge historically enjoyed by the Defence Forces over the civilian scales, will be admissible to the Defence forces personnel only.

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CGHS cONTRIBTION AND WARD ENTITLEMENT

, by indianmilitaryveterans

Indian Military Veterans

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NCESMO MEETING WITH DEFENCE MINISTER

, by indianmilitaryveterans

Indian Military Veterans




NCESMO  MEMBERS MEETING WITH OUR DEFENCE MINISTER.

 It is a good news that  the Members of our National Confederation of ESM Org  had a meeting with our Honourable Defence Minister Smt.Nirmala Sitaraman.

The team led by  President Brig.Kartar Singh(rETD)  and Vice President  
 Brig.Vidya Sagar (Retd)  and other members.

We understand that the Meeting was very cordial  .

Members discussed  with Well prepared Agenda and discussed.

Brief : Points discussed were,  One man committee –Justice Narasimman Reddy  and Problems  like   Reservist pension,  Special family pension, Enhanced rate for War widows and anomalies  of OROP and 7th CPC.

Defence Minister has  agreed to look in to the points and to attend such meetings in future also
 It is a good  starting   and we  wish that  a better result comes out.

Sincere Thanks to Col.Arasu  and Col.Raman for this information.

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New PAN card rules that came into effect from December 5

, by indianmilitaryveterans


December 6, 2018

HIGHLIGHTS

If you are going to apply for PAN on or after December 5, 2018, then you will not be required to mandatorily quote father’s name in the application form in case mother being a single parent.

Non-individual entities conducting transactions of Rs 2.5 lakh or more in a single financial year will now have to mandatorily get PAN before May 31 of the next financial year.

There a few changes regarding the Permanent Account Number (PAN) that came into effect yesterday, i.e., December 5. The changes were notified by the income tax department through a notification dated November 19, 2018. Since PAN is an important ID proof to conduct even the most basic of financial transactions, it is important that you are aware of these changes.

Here is a look at what the new rules state.

Father’s name not mandatory for PAN application
If you are going to apply for PAN on or after December 5, 2018, then you will not be required to mandatorily quote your father’s name in the application form. This rule will be applicable if the mother of the applicant is a single parent. The application form will now give the applicant an option as to whether the mother is a single parent and the applicant wishes to furnish the name of only his mother.

The Central Board of Direct Taxes (CBDT) has amended the income tax rules relating to it through a notification dated November 18.

Non-individual entities to apply for PAN card by May 31 of next FY
This year Budget 2018 had amended the Section 139A of the Income Tax Act making it mandatory for non-individuals who have conducted transactions above Rs 2.5 lakh in a fiscal to mandatorily get PAN. This requirement came into effect from April 1, 2018. However, the date by which they have to apply for PAN was not notified. Now with the amendment in Rule 114, this date has been notified which is May 31 of the next FY. The date of May 31 was notified via the above mentioned where it was stated that this rule will come into effect from December 5.

Non-individual entities conducting transactions of Rs 2.5 lakh or more in a single financial year will now have to mandatorily get PAN before May 31 of the next financial year. This means that if a Hindu Undivided Entity (HUF) or any other entity enters into a financial transaction of Rs 2.5 lakh or more during FY 2018-19, then they have time till May 31, 2019 to apply for PAN.

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Confusing-mod-actions-impact-military-morale-1

, by indianmilitaryveterans

Dear All,

Reference the article by Maj Gen Harsha Kakar, given in link below.

Given the penchant of PM Modiji for merging ministries and creating greater Synergy in the Resultant New/Merged Ministry.I would suggest that the MoD be disbanded and the Armed Forces be placed under Ministry of Home(MoH), for the MoD IS ANTI DEFENCE FORCES AND THE MoH LOOKS AFTER THE POLICE AND CENTRAL POLICE FORCES WELL.and the Home Minister is a Senior Minister and No2 in the cabinet, whereas Defence Ministers are Light weights and Junior Ministers..thus Defence Forces being under a senior Minister will be given increased importance and given their just dues.

GOI will Save Huge Amount of Money, by disbandment of the MoD and lateral absorption of young defence service personnel bot the Jawans and Short Service Officers, discharged in their youth and there will be better coordination between the Defence Forces and the Police..and Central Police Forces...as also the younger defence personnel retiring in their thirties and early forties can be readily absorbed into police forces.and OROP can be Stopped,as employment will be till 60 years for all defence personnel side stepped into the police,https://www.thestatesman.com/opinion/confusing-mod-actions-impact-military-morale-1502713558.html

Jai Ho


Regards,
KS Ramaswamy


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EPF withdrawal: Income tax, TDS rules explained in 10 points

, by indianmilitaryveterans


EPF withdrawal: Income tax, TDS rules explained in 10 points

The EPFO has amended rules to allow subscribers withdraw up to 75% of the accumulated EPF corpus after one month of quitting a job. The subscriber can withdraw the remaining 25% after unemployment for more than two months
Over the years, retirement fund body Employees’ Provident Fund Organisation or EPFO has eased the process of employee provident fund or EPF withdrawal. Now, an EPFO subscriber can apply for EPF withdrawal online and the time taken for the money to be credited to the subscriber’s account has reduced considerably. But financial planners advise against early withdrawal of the EPF corpus, which, they say, is meant for post-retirement years.
To discourage early withdrawal, the government has formulated income tax laws accordingly.
The EPFO has amended rules to allow subscribers withdraw up to 75% of the accumulated EPF corpus after one month of quitting a job. The subscriber can withdraw the remaining 25% after unemployment for more than two months.

Income tax on PF withdrawal:

1) EPF withdrawal is taxable if an employee does not render continuous services for a period of at least five years.
2) In case of a job switch, if EPF is transferred to another employer, the new employer’s period of employment is also included to calculate the continuous period.
3) If the total period of service is less than five years, accumulated EPF balance withdrawn becomes taxable in the financial year of withdrawal.
4) It is to be noted that there are four parts to any EPF contribution— employee’s contribution, employer contribution and interest earned from both employer’s contribution and employee’s contribution.
5) In case the period of continuous service is less than five years, the sum total of the employer’s contribution to EPF and interest earned on it is taxable under the head “salary” in the subscriber’s income tax return.
6) The subscriber’s own contribution portion of the withdrawal is not taxable. But if the subscriber had claimed deduction under Section 80C on his contribution in earlier years, it becomes taxable under salary. It is to be noted that the EPFO subscriber’s own contribution towards EPF is eligible for deduction under Section 80C of the Income Tax Act.
7) The interest earned on the subscriber’s own contribution portion is taxed under ‘income from other sources’.
8) On withdrawal before five years of continuous service, TDS or tax deducted at source @10% is levied.
9) But in a few cases, such as if amount is less than Rs 50,000 or employer closing down the business, TDS is not levied.
10) If the amount is more than Rs 50,000, and period of service is less than five years, the subscriber can submit Form 15G/15H to avoid TDS in cases where the income for that year is below the taxable limit. Form 15H is for senior citizens (60 years and above) and Form 15G is for individuals having no taxable income.

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CSD PRICE LIST

  • CSD-Price-List-for-Volkswagen-Cars---Post-GST-Rates