Archive for the SERVICES Category

e-Filing Process OF INCOME TAX RETURN– At a glance

June 22, 2012 | GENERAL REPORTS/TOPICS | No Comments

FOR THE INDIVIDUALS HAVING INCOME ABOVE 10 LAKH,E FILING OF RETURN HAS BEEN MADE MENDATORY.HERE R THE STEPS FOR THIS. Select appropriate type of Return Form 2Download Return Preparation Software for selected Return Form. 3Fill your return offline and generate a XML file. 4Register and create a us [...]

General Tips for Online Bill Submission through IFMS Website.

June 22, 2012 | GENERAL REPORTS/TOPICS | No Comments

Respected Friends, As you all know, Govt.has made it compulsory that all types of Treasury bills must be submitted online through the IFMS website.I am hereby sharing few tips for smooth & fast submission of bills through IFMS website. Always use latest version of Internet Explorer (which ever i [...]

GPF CALCULATOR FOR FY 2012-13 WITH DATABASE.

June 12, 2012 | CALCULATORS & SOFTWARES, SERVICES | No Comments

AS PUNJAB GOVT. HAS INCREASED THE RATE OF INTEREST ON GPF FROM 8.6% TO 8.8 % FOR FY 2012-13.WE HAD PREPARED A CALCULATOR FOR THIS PURPOSE.THIS CALCULATOR IS WITH DATA BASE. GPF Calculator FY 2012-2013 by [...]

Final Result calculator sheet, (Formative and summative) Acc to new model of CCE for CLASS 9TH BY Hardeep Singh Hoshiarpur

May 28, 2012 | CALCULATORS & SOFTWARES, SERVICES | No Comments

Download 9th Class Assessment cum Result calculator 2012_Semester-1   And Fill the data for different subjects in worksheets shown on lower left side. (Pbi,Hdi,Eng,Maths,Science,SSt,Drw,PhyEd,Comp) & leave the result calculation burden to the file. Result will be calculated on Final sheet aut [...]

Final Result calculator sheet, (Formative and summative) Acc to new model of CCE by Hardeep Singh Hoshiarpur

May 19, 2012 | CALCULATORS & SOFTWARES, SERVICES | No Comments

Here is an Excel sheet attached which will help u to compile hassle free subject result according to new model of CCE. Just Fill the data in worksheets shown in lower left side, these are FA1,FA2,SA1,FA3,FA4,SA2 It will generate final marks with grades also.more improved version will be uploaded lat [...]

INVESTOR GUIDANCE by A.N. Shanbhag

May 6, 2012 | GENERAL REPORTS/TOPICS | No Comments

Tax implications of mutual fund dividends Q: I’ve invested in a Fixed Maturity Plan of a mutual fund. According to the MF, if one invests for 90 days under the dividend option the dividend will be totally taxfree. Does this mean it’ll be like taxfree bonds and no tax will have to be paid [...]

HOW TO TYPE RUPEE SYMBOL FROM KEYBOARD

May 6, 2012 | CALCULATORS & SOFTWARES, SERVICES | No Comments

The Indian Govt has Announced the Symbol for Rupee currency few months back and It will take more time to implement the same in all over the world as there are many regulatory requirement involved in implementation .Further the Font type button has not been incorporated in Keyboards yet .Howev [...]

Landlord Pan mandatory for HRA exemption above Rs 15000/-

May 4, 2012 | GENERAL REPORTS/TOPICS | No Comments

According to the notification issued by the Income tax department, now landlord PAN card is must to get tax exemption against HRA allowance. One will have to submit PAN card as a proof if he is applying for more than 15,000 Rs. as monthly rent which means from now on, he needs to submit orig [...]
 LOCAL & RESTRICTED LEAVES IN EDUCATION DEPTT. PUNJAB BY GURBEER SINGH

LOCAL & RESTRICTED LEAVES IN EDUCATION DEPTT. PUNJAB BY GURBEER SINGH

April 21, 2012 | SERVICE RULE, SERVICES | 2 Comments

MR. GURBEER SINGH HAS SENT US A LEETER REGARDING  RULES UNDER WHICH LOCAL & RESTRICTED LEAVES ARE AVAILABLE TO PUNJAB EDUCATION DEPTT. EMPLOYEES. by [...]

TIPS ON BUYING HEALTH INSURANCE

April 9, 2012 | GENERAL REPORTS/TOPICS | No Comments

It has been rightly said that ‘Health is Wealth’. But truly speaking how many of us are really serious about it? Today, when everything is uncertain, nobody can be sure what will happen tomorrow. We all are aware that medical bills are as it is quite high and are set to get higher. Still [...]

TAX ADVICE

April 9, 2012 | GENERAL REPORTS/TOPICS | No Comments

Income tax deductions on medical expenses By S.C. Vasudeva Q I’m a central government employee. My father, who retired as a stenographer at a civil court and gets a monthly pension of about Rs 16,000, underwent coronary bypass surgery in June 2011 for which an expenditure of Rs 2.25 lakh was i [...]

INVESTOR GUIDANCE

April 8, 2012 | GENERAL REPORTS/TOPICS | No Comments

Withdrawal of PF account funds by A.N. Shanbhag Q: I worked at a bank (Bank A) from March 2005 to July 2008, following which I joined another bank (Bank B) where I was employed till April 2010. I also got my Provident Fund account at Bank A transferred to that of Bank B. Can I now ... [...]

PROMOTION RULES IN PUNJAB POLICE SERVICES

April 8, 2012 | SERVICE RULE, SERVICES | No Comments

HERE WE ARE UPLOADING PROMOTION RULES FOR PROMOTIONS IN PUNJAB POLICE. PROMOTION RULES IN PUNJAB POLICE by [...]

PAY & INCOME TAX CALCULATOR WITH AUTOMATED FORM 16

April 8, 2012 | CALCULATORS & SOFTWARES, SERVICES | No Comments

A VERY EASY TO USE & COMPLETE CALCULATOR HAS BEEN PREPARED BY WORTHY DR. SATINDER SANDHU ALONGWITH FOR CALCULATING PAY AS WELL AS INCOME TAX FOR FY 2012-13.U CAN DOWNLOAD IT FROM LINK BELOW  PAY & TAX CALCULATOR WITH AUTOMATED FORM 16 by [...]

GUIDELINES FOR WITHDRAWL OF GPF DATED 11.11.2010

April 6, 2012 | GENERAL REPORTS/TOPICS, SERVICES | No Comments

THERE ARE PRESCRIBED GUIDELINES FOR WITHDRAWING GPF GPF WITHDRAWL RULES by [...]

GUIDELINES FOR GETTING RESIDENCY & OTHER CERTIFICATES FOR GOVT. EMPLOYEES

April 3, 2012 | GENERAL REPORTS/TOPICS | No Comments

DOWNLOAD by [...]

tax advice

April 2, 2012 | GENERAL REPORTS/TOPICS | No Comments

No tax on agricultural income by S.C. Vasudeva Q. I am a government employee. My annual income from salary is about Rs 12 lakh. I have an agriculture income of Rs 5 lakh. The agriculture land is in my name. Should I add agriculture income to my salary income for tax calculation? Will it increase ... [...]

E FILING ITR MUST INCOME EXCEEDING 10 LAKH FOR INDIVIDUALS HUF AY 12-13

April 2, 2012 | GENERAL REPORTS/TOPICS | No Comments

AS 31ST MARCH PASSES,THERE COMES ANOTHER WORK TO BE DONE BY MEAN FILING OF INCOME TAX RETURN.THERE ARE CHANGES IN INCOME TAX RULES WHICH ARE APPLICABLE FOR ALL THE PERSONS WITH INCOME OF MORE THAN 10 LAKH.THE DETAIL IS GIVEN BELOW E filing of Income Tax return is Must for Individuals and HUF,Wher [...]

Budget 2012-13 impact on Life Insurance

March 28, 2012 | GENERAL REPORTS/TOPICS | No Comments

Life insurance policies which for long have been bought as a savings & investment instrument and a tax-saving tool may now be back to its original avatar. The amendments in Budget 2012-13 send out a single message – avail life insurance policies for pure risk cover. The budget proposal has bro [...]

Life insurance: Changes in budget by A.N. Shanbhag

March 25, 2012 | GENERAL REPORTS/TOPICS | 2 Comments

Q: What are the amendments proposed in the FY2012-13 budget in regard to the life insurance sector and how will they affect investors? — Atul Joshi A: Currently any sum received under a life insurance policy is exempt from income tax provided the premium payable for any of the years does not excee [...]

INCOME TAX CALCULATOR FOR AY 2013-14

March 18, 2012 | CALCULATORS & SOFTWARES, SERVICES | No Comments

WE HAD PREPARED AN EASY TO USE INCOME TAX CALCULATOR FOR AY 2013-14.JUST FILL THE NEEDED INFORMATION,TAX CALCULATION WILL BE AUTOMATIC.PLEASE SEND US ANY FEED BACK ALSO. DOWNLOAD by [...]

INCOME TAX CALCULATOR FOR FY 2012-13

March 17, 2012 | CALCULATORS & SOFTWARES, SERVICES | 2 Comments

A INCOME TAX CALCULATOR FOR FY 2012-13 HAS BEEN UPLOADED.IN THIS CALCULATOR ,THE DEDUCTION FOR SAVING IN INFRASTRUCTURE BONDS HAS NOT BEEN ADDED AS IT IS NOT CLEAR. DOWNLOAD CALCULATOR by [...]

CALCULATOR FOR RELIEF U/S 89(1) FOR FY 2011-12(EASY TO USE VERSION W)ITH DEMO

March 12, 2012 | CALCULATORS & SOFTWARES, SERVICES | No Comments

 USE THIS VERSION OF CALCULATOR(EVERY CORRECTION MADE) WE AT WWW.EMPLOYEESFORUM.IN HAS DEVELOPED A CALCULATOR FOR EASY CALCULATION OF REBATE OF INCOME TAX ON AREARS RECIEVED DURING  FINANCIAL YEAR 2011-12 U/S 89(1)……………. RELIEF US 89(1) CALCULATOR FOR FY 2011-12 by [...]

What is Union Budget?

March 10, 2012 | GENERAL REPORTS/TOPICS | No Comments

Zeebiz Bureau The dictionary meaning of budget is a systematic plan for the expenditure of a usually fixed resource during a given period. Thus, Union Budget, which is a yearly affair, is a comprehensive display of the Government’s finances. It is the most significant economic and financial event [...]

80C reversed on early withdrawal From PF Life insurance and other schemes

March 5, 2012 | GENERAL REPORTS/TOPICS | No Comments

When investing to save on tax,avoid situations under which you may end up losing the benefits.March is always a hectic month for working professionals.If not meeting their financial year-end deadlines,they are seen scrambling to prevent a few extra bucks from making their way into the taxmans collec [...]

Managing your PF maturity amount

March 5, 2012 | GENERAL REPORTS/TOPICS | No Comments

One has to be extremely careful in investing Provident Fund proceeds after his or her employment contract has been completed and is now retired, says Anil Chopra. In such a case, the funds should be invested in safe schemes. This is even more essential if the job from which you have just retired doe [...]

PENSION CASE GUIDELINES-by SH. PARDEEP

February 27, 2012 | GENERAL REPORTS/TOPICS, SERVICES | 1 Comment

PREPARATION OF PENSION CASE IS A VERY CUMBERSOME PROCESS.      In order to overcome this problem, a need was felt by this office to prepare some guidelines for the Drawing and Disbursing Officers/Pension Sanctioning Authorities regarding preparation and submission of pension cases. Accordingly, M [...]

EXCEL MADE EASY

February 27, 2012 | CALCULATORS & SOFTWARES, SERVICES | 3 Comments

EXCEL IS A VERY COMPLEX TOPIC TO READ & FOLLOW AS IT NEED BRAIN STORMING EXERCISES.BUT WITH THE HELP OF THE FILES UPLOADED ,IT IS VERY  EASY TO USE EXCEL FUNCTIONS.BUT BEFORE STARTING ,ENABLE MACROS IN EXCEL. EXCEL MADE EASY-1 EXCEL MADE EASY-2 by [...]

PAY & AREAR CALCULATOR BY DR. S.S.SANDHU(UPDATED VERSION)

February 27, 2012 | CALCULATORS & SOFTWARES, SERVICES | 1 Comment

DR SANDHU HAS DEVISED A VERY GOOD & EASY TO USE CALCULATOR FOR CALCULATING PAY AREARS.AFTER LATEST CHANGES IT HAS BEEN GIVEN VERY AWESOME LOOK. WE FOR NEXT YEAR RELIEF WILL ATTACH THIS CALCULATOR FOR CALCULATING RELIEF U/S 89(1) DOWNLOAD AVAILABLE by [...]

कम बजट में बेस्ट टॉप-10 लैपटॉप! (leptop in low budget upto rs. 25000/-)

February 25, 2012 | GENERAL REPORTS/TOPICS | 1 Comment

कम बजट में बेस्ट टॉप-10 लैपटॉप! आपकी जरूरत और आपकी जेब का ख्याल रखते हुए पेश हैं, उन्नत तकनीक के सॉफ्टवेयर और हार्डवेय [...]

AMMENDMENT FOR ALLOWING EXEMPTION FROM FILING IT RETURN UPTO 5 LAKH SALARY

February 24, 2012 | GENERAL REPORTS/TOPICS | No Comments

SECTION 139 OF THE INCOME-TAX ACT, 1961 – RETURN OF INCOME – EXEMPTION TO SPECIFIED PERSONS FROM REQUIREMENT OF FURNISHING A RETURN OF INCOME UNDER SECTION 139(1) FOR ASSESSMENT YEAR 2012-13  In exercise of the powers conferred by sub-section (IC) of section 139 of the Income-tax Act, 1 [...]

TAX BENEFIT ON HRA AND HOME LOAN -AVAILABLE OR NOT?

February 23, 2012 | GENERAL REPORTS/TOPICS | No Comments

HRA – allowance is one of the components of salary package, which is normally offered to employees by their employers to meet the higher cost of renting a home. Tax exemption under Income Tax Act for HRA is allowed to salaried persons who are occupying a rented accommodation. It is being regulat [...]

I-T returns not required for salary upto Rs 5L/year

February 21, 2012 | GENERAL REPORTS/TOPICS | No Comments

New Delhi: Salaried employees earning up to Rs 5 lakh a year will not be required to file income tax returns from this year, says a Finance Ministry notification. There are about 85 lakh salaried persons in the country whose yearly income, including earnings from other sources like bank deposits, do [...]

a clrification on income tax return for fy 2011-12

February 21, 2012 | GENERAL REPORTS/TOPICS | No Comments

 (must read & send it to as many employees as u can alongwith website link www.employeesforum.in as this clarification affects all the income tax assessees) IT return Q. I am a government pensioner and file income tax returns regularly. My yearly total income is pension plus interest on deposi [...]

INCOME TAX SLABS FROM 2000-01 TO 2012-13

February 20, 2012 | GENERAL REPORTS/TOPICS | No Comments

Income Tax Slab for Financial Year 2012-13 Assessment Year 2013-14   Tax Man Women Senior Citizen   Rate (In Rupees) (In Rupees) (In Rupees) 1 0.00% Upto 2,00,000 Upto 2,00,000 Upto 2,50,000 2 10.00% 2,00,001 to 5,00,000 2,00,001 to 5,00,000 2,50,001 to 5,00,000 3 20.00% 5,00,001 to 10,00,000 5,00 [...]

Exemption from production of rent receipt if HRA is upto Rs. 3000

February 18, 2012 | GENERAL REPORTS/TOPICS, SERVICES | No Comments

Exemption from production of rent receipt if HRA is upto Rs. 3000 And Mandatory production of PAN of the LANDLORD if rent paid by the employee exceeds Rs. 1,80,000 per annum     Extracts from the CIRCULAR NO 05/2011 [F.No. 275/192/2011-IT(B) ] Dated 16/08/2011 of Government of India, Minis [...]

INCOME TAX CALCULATOR FOR FINANCIAL YEAR 2011-12

February 12, 2012 | CALCULATORS & SOFTWARES, SERVICES | No Comments

WE AT WWW.EMPLOYEESFORUM.IN HAS DEVELOPED AN INCOME TAX CALCULATOR FOR EASY CALCULATION OF INCOME TAX FOR FINANCIAL YEAR 2011-12………………. IT CALCULATION SOFTWARE 2011-12(IMPROVED) IT CALCULATION SOFTWARE 2011-12(IMPROVED) by [...]

80 C SAVINGS – WHO’s NAME CAN BE DONE ,MINIMUM HOLDING PERIOD

February 8, 2012 | GENERAL REPORTS/TOPICS | No Comments

Normally person has some confusion about on who’s name saving under section can be done and whether 80C benefit can be availed where investment is being done in the name of children or wife/Husband name or Joint name . We have consolidated  the rules which resolve the issue . After reading t [...]

HOW TO GET EXEMPTION FROM HOUSE RENT ALLOWANCE

February 7, 2012 | GENERAL REPORTS/TOPICS | No Comments

H OUSE RENT ALLOWANCE (HRA), IS AN ALLOWANCE GIVEN BY AN EMPLOYER TO MEET THE EMPLOYEE’S EXPENSES TOWARDS RENTING AN ACCOMMODATION. ALTHOUGH HRA IS VERY SIMPLE TERM AND CALCULATION, BUT  THE TAX IMPLICATIONS OF THE HRA NEED SOME KNOWLEDGE. HERE ARE SOME POINTS WE MUST KNOWS, TO UTILISE .THIS COM [...]

EXEMPTION LIMIT FOR SPECIAL ALLOWANCES

January 29, 2012 | GENERAL REPORTS/TOPICS | 2 Comments

IN RESPONSE TO OUR ARTICLE ON TAX PLANNING,WE RECIEVED A VERY INTERESTING FEEDBACK WHICH WILL SURELY BE USEFUL TO THOUSANDS OF EMPLOYEES.IT WAS ABOUT SPECIAL ALLOWANCES LIKE HILLY AREA ALLOWANCE,UNIFORM ALLOWANCE,TRANSPORT ALLOWANCE WHICH R EXEMPTED UPTO A CERTAIN LIMIT BY INCOME TAX DEPTT. PLEASE R [...]

PERSONAL TAX PLANNING & TAX SAVING SCHEMES FOR YEAR 2011-12

January 28, 2012 | GENERAL REPORTS/TOPICS | No Comments

COMING MONTH OF JAN. OR FEB.,EVERY SALARIED INDIVIDUAL IS IN A HURRY TO PLAN HIS TAX SAVINGS TO CUT DOWN THE TAX BURDEN. BUT IF WE PLAN THIS FROM START OF THIS FINANCIAL YEAR,IT IS VERY EASY FOR US IN LAST MONTHS.STILL WE R GIVING U A GUIDE TO TAX SAVING TIPS.ALSO WE R PROVIDING ... [...]

MEDICAL REIMBURSEMENT POLICY

January 23, 2012 | SERVICE RULE, SERVICES | No Comments

MEDICAL REIMBURSEMENT POLICY REIMBURSEMENT OF MEDICAL BILLS OF A GOVT. EMPLOYEES ARE GOVERNED BY A POLICY. GOVT. GO ON CHANGES TO THIS POLICY TO FACILITATE ITS EMPLOYEES TIME TO TIME. PERIODICALLY THE ADDITION OF NEWER DISEASES ARE ADDED TO THE LIST OF CHRONIC DISEASES. THE AUTHORITY TO PASS THESE B [...]

DESKTOP CALENDER FOR YEAR 2012

January 17, 2012 | CALCULATORS & SOFTWARES, SERVICES | No Comments

HERE IS THE DESKTOP CALENDER FOR UR COMPUTER FOR YEAR 2012.IT HAS ALL THE HOLIDAYS DECLARED BY PUNJAB GOVT. READ MORE by [...]

SERVICE RULES FOR PUNJAB EDUCATION DEPTT.

January 17, 2012 | SERVICE RULE, SERVICES | No Comments

IN EXERCISE OF POWERS CONFERED BY PROVESIO TO ARTICLE 309 OF CONSTITUTION OF INDIA & ALL OTHER POWERS ENABLING HIM IN THIS BEHALF ,THE GOVERNOR OF PUNJAB IS PLEASED TO MAKE THE RULES OF RECRUITMENT & CONDITIONS OF THE THE SERVICE OF A PERSON APPOINTED TO THE PUNJAB EDUCATION SERVICE…&# [...]

• ELIGIBILITY RULES FOR HOUSE RENT ALLOWANCE

January 17, 2012 | SERVICE RULE, SERVICES | No Comments

HOUSE RENT ALLOWANCE 5.5       A house rent allowance may be drawn by a Government employee during leave or transfer in the circumstances specified in clauses (a) or (b) of rule 5.3 :  Provided that he certifies that, his previous rate of expenditure for a house continues during his absence [...]

LIST OF SCHEDULE CASTES IN PUNJAB

January 17, 2012 | GENERAL REPORTS/TOPICS, SERVICES | No Comments

LIST OF SCHEDULE CASTES IN PUNJAB STATE IS PRINTED HERE…………….. READ MORE by [...]

LIST OF BACKWARD CLASSES IN PUNJAB STATE

January 17, 2012 | GENERAL REPORTS/TOPICS, SERVICES | No Comments

LIST OF BACKWARD CLASSES IN PUNJAB IS PUBLISHED HEREWITH……………….. list of obc in punjab by [...]

OFFICIALS ENTITLED FOR RENT FREE ACCOMODATION

January 16, 2012 | SERVICE RULE, SERVICES | No Comments

IT IS ALWAYS A CONFUSION IN THE MINDS OF ALL EMPLOYEES ABOUT THE OFFICIALS ENTITLED FOR RENT FREE ACCOMODATION.WE ARE PUBLISHING IT…………………… READ MORE by [...]

GROUP CLASSIFICATION OF PUNJAB EMPLOYEES BASED ON THEIR GRADE-PAY

January 16, 2012 | SERVICE RULE, SERVICES | No Comments

HERE IS THE GROUP CLASSIFICATION OF PUNJAB EMPLOYEES BASED ON THEIR GRADE PAY…………………………. GROUP CLASSIFICATION OF PUNJAB EMPLOYEES BASED ON THEIR GRADE PAY by [...]

HINDI & PUNJABI FONTS

January 16, 2012 | CALCULATORS & SOFTWARES, SERVICES | No Comments

HINDI & FONTS ARE ALWAYS NEEDED FOR WORKING ON COMPUTER.WE HAD TRIED TO GET ALL FONTS IN ONE FOLDER.INSTAL THESE  & USE………….. HINDI & PUNJABI FONTS by [...]

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