Day: March 4, 2019

BLACK Money Fear BACK: Input tax credit removal on select items against GST spirit, say experts

The government last month slashed the goods and services tax (GST) on the real estate sector, but along with that it also did away with the input tax credit (ITC), which experts and analysts feel goes against the…

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Pension bonanza for 42,000 Central Government Employees: Modi govt accepts this old demand

Public Sector Insurance Companies Pension Latest Update: Here’s good news for over 42,000 employees of public sector insurance companies. On Saturday, the Union government decided to give one more pension option as retirement benefit to the officers and staff…

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Payment Of Gratuity Amendment Bill Passed In Parliament. How To Calculate It And Other Details

In a move that will benefit millions of workers of private and public sector companies, the Rajya Sabha on Thursday passed the Payment of Gratuity (Amendment) Bill, 2017. Now, the government will be able to enhance the ceiling…

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EPF deduction: EPFO to take action against firms for not factoring allowances

New Delhi: After the Supreme Court held that special allowance is part of basic wages for EPF dues computation, retirement fund body EPFO has decided to take a stringent action against those firms which will not take into…

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Budget 2019: Full text of Piyush Goyal’s budget speech

Finance minister Piyush Goyal presented Interim Budget 2019 in Parliament on Friday, the Narendra Modi government’s last budget before the 2019 Lok Sabha elections. Here is the full text of Goyal’s budget speech. Madam Speaker, I rise to present…

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