RAJASTHANI VETERANS

Saturday, 5 December 2015

Operation Jantar Mantar

Operation Jantar Mantar: Veterans' Struggle for Honour and Justice By Brig Deepak Sethi Ph.D
2015 | 152 Pages | ISBN: 151750001X | scanned PDF | 10 MB

A small group of retired military officers from the Indian Armed Forces come together to make a contribution to the ongoing struggle of Veterans for honour and justice. It is virtually a rollercoaster ride for them as they have to respond to a series of sudden and unexpected developments. By re-strategizing and nimbly executing course-corrections, they bounce back after each challenging situation right up to a dramatic climax. The book is entirely a work of fiction, and should not be extrapolated therefore to the events, or to actual persons connected to the agitation of veterans at Jantar Mantar. The author served in the Indian Army for 31 years, and took voluntary retirement in 1997 in the rank of Brigadier General. He completed his PhD in Strategy and International Management in 2001 from the University of Texas at Dallas. Since then he has taught at the University of Texas at Dallas, Oakland University in Michigan, and Old Dominion University in Norfolk. He published his memoir, He Opens another Door in 2013

Operation Jantar Mantar Link

Friday, 4 December 2015

FINANCIAL & TAXATION INFORMATION

USEFUL FINANCIAL & TAXATION INFORMATION

PPF - LESSER KNOWN FACTS = What happens when you extend PPF tenure-Can you withdraw in full-NO Rules you may not be aware

Do you know what are the rules for withdrawing your money from your PPF account if you extend it for a block of 5 yrs after it’s initial maturity of 15 yrs? A lot of people READ MORE

Ideal investment option for both salaried as well as self employed classes. Non-Resident Indians (NRIs) are not eligible.

Investment up to INR. 1,50,000 per annum qualifies for IT Rebate under section 80 C of IT Act.

The rate of interest on the subscriptions made to the fund on or after 01.12.2011 and balances at credit

of the subscriber in the existing PPF account shall bear interest at the rate of eight point seven per cent (8.70%)

per annum.

Loan facility available from 3rd financial year upto 5th financial year. The rate of interest charged on loan taken

by the subscriber of a PPF account on or after 01.12.2011 shall be 2% p.a. However, the rate of interest of

1% p.a. shall continue to be charged on the loans already taken or taken up to 30.11.2011.

Withdrawal permitted from 6th financial year.

Free from court attachment.

An individual cannot invest on behalf of HUF (Hindu Undivided Family) or Association of persons.

Type of Account	Minimum limit	Maximum limit
Public Provident Fund(Individual account on his behalf or on behalf of minor of whom he is the guardian)	INR. 500/- in a financial year	INR. 1,50,000/- in a financial year wef FY 2014-15

Public Provident Fund Acts

Public Provident Fund Rules

SERVICE CHARGES AND TAXES

Do you know that you might have lost thousands of rupees in paying extra money on restaurants bills over last few years, just because you do not understand what does service charge, service tax and VAT actually means and how are they calculated. Most of the times customers take it for granted assuming that hotel must charged it in right manner and as per rules laid down CLICK TO READ MORE

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INCOME TAX RELATED

1. CAN INDIA DO AWAY WITH INCOME TAX

2. INCOME TAX ACT -1961 - CLICK HERE

FAMILY PENSION OF THE WAR WIDOWS AS ALSO THE PENSION OF THE SOLDIERS IN RECEIPT OF THE DISABILITY ALLOWANCE IS EXEMPTED FROM INCOME TAX. Authority letter is available under the articles uploaded in this blog.

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3. INCOME TAX - JUDGEMENT DELHI HIGH COURT directing Income Tax dept to accept TDS certificates even if the deductions in them donot match with uploaded entries by the deductors in Form 26A.

CLICK TO READ ITEM NEWS PAPER CUTTING

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TDS TRACES -- Please Note that you have to have an account created for yourself to see the TDS deducted by your deductors with Income tax Dept . Log on to https://www.tdscpc.gov.in/ and create your account. However those of us who have internet banking will be able to see this data after logging into the bank account.

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TEN MYTHS OF E-FILING OF IT RETURNS Most of us feel shy in filing our Income Tax returns on line. E filing is the call of day as you get your refund in no time. There is just no need to run up to the CAs if your Income is only Pension and usual returns from your FDs and Stocks.

The myths bugging our decision to E-filing are clarified by experts -- CLICK HERE & READ

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REBATES IN INCOME TAX - SUMMARY

Various Rebates as applicable under various sections of the IT act are summarised in this document pleaseclick here and read on.

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CLICK TO PERUSE INCOME TAX ACT 1961. -

INCOME TAX BOOKLET ISSUED BY DEPARTMENT -

READ OR DOWNLOAD

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Courtesy - Signal Blog