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Greetings, For over eight days our websites www.rrewa.org& www.bharatpensioner.orgwere off due to severe Hacking attack. After several days hard work, we could retrieve it, but some Data is lost in the process. We will be uploading it within few days. Still you find some thing missing pl. inform. Those of our visitors who registered from 07.03.2011 to 26.03.11 will have to register again.It may take a few days more for completerestoration We are extremely sorry for the inconvenience. Recently following new documents have been uploaded: 29.03.2011.Dearness relief to C.G. Pensioners wef 01.01.2011-6% raise sanctioned29.03.2011 DOP & PW Guide lines for holding Pension Adalats26.03.2011 Dearness relief to Railway Employees wef 01.01.201Rly.Bd orders. 24.03.2011 6% additional Dearness relief to Central Government Employees wef 01.01.2011-Sanction order17.03.2011 Extension to the arrangement relating to provision of reimbursement of expenditure incurred on the Dental treatment of Railway…

6% additional Dearness allowance to Central Government Employees wef 01.01.2011

Bribing of voters at the cost of Aam Admi in Tamil Nadu

AIADMK manifesto for April 13 Assembly elections on Thursday promised 20 kg of
free rice for ration-card holders, laptops for students from classes XI, free
fans, mixers and grinders to all and mineral water to BPL families.
In a bid to woo women voters, Ms. Jayalalithaa promised four gms of gold for
 ‘Mangalsutra’ free of cost to poor, besides cable TV connections atsubsidized rates.
AIADMK if voted to power would provide free bus passes to all citizens aged over
58, a sugarcane procurement price of Rs 2,500 a tonne, a restructured health
insurance scheme for all and a special scheme for the welfare of Sri Lankan
Tamil refugees, now lodged in camps across the state, she said.
Four sets of uniform and footwear for students, 20 litres of mineral water a day
to Below Poverty Line families, six months  maternity leave for women and Rs
12,000 as pregnancy allowance have also been promised.
The party assured assistance ranging from Rs 1000-Rs 5000 for students from
class X onwards in government and pri…

CABINET APPROVED 6% DA TO CENTRAL GOVERNMENT EMPLOYEES...

Flash News...

CABINET APPROVED 6% DA TO CENTRAL GOVERNMENT EMPLOYEES...

DEARNESS ALLOWANCE HIKED BY 6% TO CENTRAL GOVERNMENT EMPLOYEES FROM JAN-2011...

The Union Cabinet committee today decided to increase the Dearness Allowance by 6% to Central Government employees.

Hike in the Dearness Allowance (DA) will be from 45% to 51% w.e.f.January 2011.

Release of first additional instalment of dearness allowance for this year to Central Government employees and Dearness Relief to Pensioners due from Jan-2011 to compensate for essential commodities price hike.

The revised rates of Dearness Allowance from 1.1.2011 to 28.2.2011 may be paid in cash as arrears and for the month of March may be disbursed with the salary.

The enhancement of Dearness Allowance is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission.

Government Order from Finance Department will be published very soon.
Er. S.C.Maheshwari

Salaried class which includes Pensioners bears most of tax burden in India

Salaried class which includes Pensioners bears most of tax burden Numbers of Tax Assessees in India –Financial year 2009-2010 =34085426 Effective tax base isJust 1.5 cr tax payers Well-to-doprofessionalspay little tax MORE thanhalf ofIndia's 3.4croreincome taxpayers con­tribute insignificant amounts as tax, with fig­ures ranging from a paltryRs50 to Rs1,000 in mostcases. This reduces theeffective  tax  base  toaround 1.5 crore tax pay­ers, which includes mainly corporate houses and thesalaried class, accordingto  senior  officials   ofthe   income-tax   (I-T)department. Well-heeled independent pro­fessionals, like charteredaccountants, doctors, lawyers, big shopkeepers and wholesaletraders make up the category ofincome tax assessees who add to the number of people underthe tax net but contribute virtu­ally nothing to the nationalexchequer. Senior I-T officials are of theview that the cost to the depart­ment for maintaining these fileswould probably exceed the taxcollections from this ca…

Adverse implications of Direct Taxes Code for Sr.Citizens & Pensioners

In the budget presented on 28.2.2011 the Finance Minister has announced that the exemption limit for ordinary citizens will be increased to Rs.1.8 lakhs, that persons who are sixty and above will become senior citizens and that very senior citizens of the age of 80 and above will be exempt up to Rs.5 lakhs total income.  He has further stated that these changes would entail a great revenue loss for the Government.    If one were to read the fine print of the Direct Taxes Code as known at present, it will be seen that in the absence of short-term tax saving instruments with the repeal of present section 80C of Indian Income-tax Act, once the Direct Taxes Code comes  into effect, those assessees who at present avail of investment in short-term tax saving instruments and get an exemption of Rs.1 lakh from their total income for tax purposes, and who may not be in a position to avail of investment in long-term tax saving instruments provided for in the Direct Taxes Code, will be depr…

I.F.A e News Feb.2011