education allowance


Group that will decide new scheme of education and training

Council Affairs M 626 2015 ALL MEMBERS OF THE COUNCIL Dear Sir The President in terms of the authority given to him by the Council at its 340th meeting held in February 2015 has constituted a Group co

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Release of additional dearness allowance to central govt employees

Release of additional installment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1 1 2015 The Union Cabinet chaired by the Prime Minister Shri Narendr

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Indirect Tax Proposals to Maximize Benefits to the Economy

The Finance Minister Shri Arun Jaitley while presenting the Budget announced in the Lok Sabha steps to broaden the Tax Base that will maximize benefits to the economy The Service Tax rate is being inc

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Proposed scheme of new CA course released

About the New Proposed Scheme of Education and Training The Committee for Review of Education and Training CRET was set up in 2014 as a part of the periodical exercise of the Institute to review its s

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952 CAs get jobs offers with average pay at Rs 7.28 lacs

ICAI Campus Placement Programme August September October 2014 As one of the prominent accounting bodies worldwide The Institute of Chartered Accountants of India ICAI has achieved recognition for its

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Experts Opinions

Education loan exemption

My education Loan Principal Amount is RS 20805 F Y 2014 15 Paid Interest Loan Amount is Rs 22995 can i gate both the amount exemption in income tax if my Form 16 final and shows the both amount in For

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Education cess and senior and higher secondary education ces

Education cess and senior and higher education cess eliminated under Service tax and Excise duty but still applicable for direct Taxes and cess applicable in direct taxes please mention where cess is

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Export from tally with dates in educational mode

HI can we export from tally to excel with dates in educational mode In original Tally software

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Allowance of unabsorbed depriciation

Is unabsorbed depriciation in partnership firm allowed to carry forward to individual prorietor when after conversion of partneship to propreitorship plzz reply as soon as possible as my client is sit

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Exemption towards entertainment allowance for psu employees

Is exemption towards Entertainment Allowance applicable for PSU employees governing under central government rules

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Disallowance itc under wb vat act 2003 for credit purchases?

dear members We would like to know wether ITC can be disllaowed on purchases whose payments are due please also let us know if the seller and pruchaser adjust the amount by way of debits and credits a

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Education loan related

from which bank it is more benificial from interest rate point of view to take education loan from co op bank nationalised bank or private sector bank

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Government employees allowances rules

Hi guys Can any one provide me resources and links to study Central government employees salary and allowances rules

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43b disallowance for service tax

Hello I need your valuable guidance in respect of below issue Case Income tax 43B disallowance in case of unpaid service tax Snyposis Assessee follows mercantile system of accounting It has significan

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Education expenses

can I claim education expenses on spent on my sister and brother education expenses us 80c

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  • CA-Student Know Your Education and Examination system

    must read this article


  • Important changes under Central and State Tax Laws

    The following are the important changes under Central and State Tax Laws with effect from 1st April 2015 1 Conveyance Allowance Transport allowance granted to an employee is exempted up to Rs 800 per month The limit of exemption is now enhanced to Rs 1600 per month 2 Profession Tax Those whose salary for a month was more than Rs 10 000 were supposed to pay Profession Tax of Rs 150 per month Now from 1st April 2015 the persons drawing salary up to Rs 15 000 per month are exempted from Profession Tax Applicable for Bangalore 3 Profession Tax exemption for senior citizens who have attained age of 60 Years Applicable for Bangalore 4 Wealth Tax Is abolished from 1st April 2015 Keep all the wealth tax papers of past 8 years in safe custody even though wealth tax is abolished from FY 2015 16 5 Mediclaim Insurance The premium paid towards mediclaim insurance is enhanced from Rs 15 000 to Rs 25 000 per year for senior citizen it is enhanced from Rs 20 000 to Rs 30 000 per year u s 80D 6 Basic Exemption Limit for VAT registration in Karnataka Now the traders who expect to do annual taxable turnover sales of less than Rs 10 Lakhs needn t register under Karnataka VAT Laws However other aspects of registration which were applicable till March 2015 will continue to apply 7 Reverse Charge Method under service Tax Laws w r t Manpower Consultancy Currently in case manpower supply or security services is provided by individual HUF or partnership firm to a body or a corporate the service provider is liable to deposit Service Tax to the extent of 25 and service receiver liable to deposit Service Tax to extent of 75 W e f 1st April 2015 Service Tax is not required to be charged by specified service provider i e individuals HUF Partnership Firms and the same is to be paid by the service receiver entirely i e instead of 75 the service receiver has to pay 100 F No 334 5 2015 8 ESIC Payment Through Online Online payment of ESI contribution made easier Now facility for payment of ESI contribution through net banking is made available through State Bank of India and 58 major banks 9 PF Payment Made Online The EPFO payment has been made online Mandatory effective from 1st May 2015


  • S. 40(a)(ia) Disallowance for CA IPCC and Final May 2015

    S 40 a ia Disallowance for Non Deduction and Short Deduction of TDS from A Y 2015 16 Applicable for CA IPCC and FINAL MAY 2015 EXAM and It is practically useful For CA s


  • Education Loan to Students

    Education Loan to Students


  • ICAI - Drafted New Scheme of Education and Training

    ICAI Drafted New Scheme of Education and Training


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Credit of Education Cess & SHEC can be used for payment of Excise Duty by Manufacturers

Credit of Education Cess SHEC can be used for payment of Excise Duty by Manufacturers and Gist of Other important Notifications LS passed Finance Bill 2015 The Lok Sabha passed the Finance Bill 2015 w

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New scheme of education & training - Practical analysis

As per Srimad Bhagavad Gita It is only change which remains forever and every other thing changes with the change So true More than 5 000 years ago humanity got this divine knowledge which is becoming

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Income Tax Act - 1961 Sec 14A disallowance

Introduction 1 Section 14A was first inserted by the Finance Act 2001 However same was inserted with retrospective effect from 1 4 1962 The inserted section reads as under 14A Expenditure incurred in

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Raju ban gaya gentleman - CSR in Education or Education in CSR

CSR is the latest buzzword that matches Corporate Governance in terms of brandrecall and search in most electronic media Off late even the print media hasstopped writing much on Governance maybe with

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House Rent Allowance (HRA) Vs. Rent Free Accommodations (RFA)

House Rent Allowance H R A results in tax savings because accounting under Income tax act is direct exemption based However accounting of Rent Free accommodation is valuation based taxation and added

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Updated on : 6/15/2015 11:44:09 PM