New Delhi, September 29, 2021: Ministry of Defence, Government of India has taken a decision to enhance the income criteria for grant of family pension to children/siblings suffering from mental or physical disability. Accordingly, such child/sibling shall be eligible for family pension for life, if his/her overall income from sources other than this remains less […]
Category: Personal Finance
DGGI Gurugram arrests one for fraudulently availing input tax credit of Rs 8 crore
New Delhi, January 9, 2021: The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested one Sanjay Goel, resident of New Delhi on charges of illegally availing and passing on input tax credit (ITC) on goods-less invoices, Ministry of Finance (MoF) informed today. It was revealed that Sanjay Goel, through his […]
Bangle shop run benami properties under scrutiny of Income Tax department
New Delhi, August 22, 2020: The Income Tax Department carried out a search and seizure operation on 20.08.2020 at various locations in Bhopal. The key person of one of the groups covered used to run a bangles shop. Another person covered is a property builder/developer and is also running a cricket academy. During the course […]
COVID-19: Compensation of Rs.10 lakhs to all Postal employees
During COVID-19, the Postal employees including Gramin Dak Sevaks are performing various duties to provide customers mail delivery, Post Office Saving Bank, Postal Life Insurance, the ease of money withdrawal at his/her doorstep from any bank and any branch under the AePS facility. Additionally, the Post Office is also delivering COVID -19 kits, food packets, […]
Hallmarking of Jewellery to become mandatory from 15th January
A written reply by the Minister of State for Consumer Affairs, Food & Public Distribution, Danve Raosaheb Dadarao in Rajya Sabha, stated that it has been decided that notification in respect of Hallmarking of Gold Jewellery and Artefacts would be issued on 15th January, 2020 and it would become mandatory in the country w.e.f. 15th […]
Historic: Government Reduces the Rate of ESI Contribution from 6.5% to 4%
The Government of India has taken a historic decision to reduce the rate of contribution under the ESI Act from 6.5% to 4%(employers’ contribution being reduced from 4.75% to 3.25% and employees’ contribution being reduced from 1.75% to 0.75%). Reduced rates will be effective from 01.07.2019. This would benefit 3.6 crore employees and 12.85 lakh […]
Fee waived off for SC/ST candidates joining vocational training under Jan Shikshan Sansthans
Fee for SC/ST candidates, who join vocational training under Jan Shikshan Sansthans (JSS), operating under the aegis of Ministry of Skill Development and Entrepreneurship, has been waived off. This was decided in the first review meeting held by Union Minister for Skill Development and EntrepreneurshipDr. Mahendra Nath Pandey with senior officials of the Ministry here […]
Modi government makes company cough up Rs 1514 Cr of depositors’ money
In a major success, the IEPF (Investor Education and Protection Fund Authority) has been able to enforce The Peerless General Finance and Investment Company Limited to transfer deposits worth about Rs 1514 Cr to IEPF. This depositor’s money was pending with the company for the last 15 years. The matter came to the notice of the […]
Workshop for Central Government Pensioners held
An awareness workshop for Central Government pensioners was held in Chennai yesterday. It was organized by the Department of Pension and Pensioners’ Welfare. Around 150 pensioners participated in the workshop. Sanjiv Narain Mathur, Joint Secretary, Department of Pension and Pensioners Welfare, Government of India, inaugurated the workshop. One crore avail benefits of Pradhan Mantri Rozgar […]