I. Panel for the year 2012-13 for promotion from Inspector cadre to Supdt Cadre:           Previous panel has been drawn upto February,2012. Promotions have been effected for the vacancies arisen upto January,2012. Fresh Promotions for the retirement  vacancies arising in February,2012 will not be issued as there are around three Officers who have rejected their [...]

Mrs. B.Jayalaxmi, Inspector,Hyderabad Zone currently working in DRI, Hyderabad and   who has been awarded the Presidential Award for the year 2011 has received the award  from the Hon'ble Finance Minister Shri Pranab Mukherjee in the presence of Sri R.S.Gujral, Revenue Secretary, Shri S.K.Goel, Chairman, CBEC and other dignitaries in the annual investiture ceremony of [...]

We congratulate one and all for making Central Excise Day Boycott a grand Success; especially we would like to thank members of the Superintendent Association for giving us support in this regard, we would like to reiterate that at the call of the Steering Committee of Central Government Employees and Confederation of Central Government employees and workers, [...]

       A Parliamentary Committee, scrutinising the Direct Taxes Code (DTC) Bill, will recommend raising the annual income-tax exemption limit to Rs. 3 lakh and hiking the limit on tax breaks for investments to Rs. 2.50 lakh following a broad consensus among its members.     "There is a consensus among the members that the annual tax-exemption [...]

The Union Finance Minister, Shri Pranab Mukherjee presenting the Presidential Award to the Additional Director, Directorate of Revenue Intelligence, Shri Sunil Tated, at the Central Board of Excise & Customs Investiture Ceremony, in New Delhi on February 22, 2012. The Revenue Secretary, Shri R.S. Gujral is also seen. Speaking at the Investiture Ceremony for the [...]

No.12011/07(i)/2011-Estt.(AL) Government of India Ministry of Personnel, Public Grievances and Pensions Department of Personnel and Training New Delhi, 21st February, 2012 OFFICE MEMORANDUM Subject: Children Education Allowance – Clarification. The undersigned is directed to refer to Department of Personnel & Training’s O.M. No.12011/03/2008—Estt.(Allowance) dated 2nd September, 2008, and subsequent clarifications issued from time to time [...]

Ahead of the Union Budget, the state Finance Ministers will meet here on March 3 and suggest steps for increasing the ambit of the service tax net with a view to garnering more resources. The state Finance Ministers have decided on the negative list and are expected to sort out issues concerning definition of services [...]

Ahead of the budget, some members of a Parliamentary panel scrutinising the Direct Taxes Code (DTC) Bill today pressed for raising the income tax exemption limit to Rs 5 lakh per annum. The Standing Committee on Finance, which met under the chairmanship of senior BJP leader Yashwant Sinha, has decided to finalise its report by [...]

The Supreme Court has held that evasion of central excise and customs duties is a bailable offence and authorities cannot arrest the offender without obtaining a warrant from a competent court. A three judge bench headed by Justice Altamas Kabir said the main object of Custom and Excise Acts was the recovery of excise duties [...]

  February 16, 2012 The Form 16 is issued by DDO to salaried employees may be treated as Income Tax Return.  Salaried individuals with a total taxable income of up to Rs 5 lakh do not have to file income tax returns. However, in case tax payers  want to seek an income tax refund , [...]