The Ministry of Health and Family Welfare has got cracking on the Sixth Pay Commission’s plan to introduce health insurance scheme for central government employees that would dramatically increase the number of locations and hospitals where they can access medical facilities. The ministry has invited quotes for premium payments from non-life/health ...

As per information received from 37 Ministries/Departments of Government of India, the number of backlog reserved vacancies of the Scheduled Castes, the Scheduled Tribes and the Other Backward Classes as on 01.11.2008 were 3537, 2969 and 6439 respectively. The Government has launched a Special Recruitment Drive to fill up the backlog ...

The finance minister made two announcements related to income tax deductions that are likely to please many individual taxpayers. These relate to the annual tax deduction under section 80C, and health care deductions under section 80D. Let's show you how you can benefit. Firstly, there will be a new section 80CCF inserted ...

No income tax on income upto 1.6 lakhs 10% tax slab between 1.6 and 5 lakhs 20% tax slab for income of 5-8 lakhs 30% tax on income of 8 lakhs and above New tax rates would offer relief to 60 per cent of taxpayers, the finance minister said. In a major Rs 26,000 crore ...

While industry is apprehensive of a possible rollback of the stimulus package, there could be some cheering news in the forthcoming Union Budget for salaried employees. The government is likely to increase the exemption limit for reimbursement against medical and travel expenses. A hike in the exemption limit for gratuity ...