Mindblown: a blog about philosophy.

  • Budget 2015 updates

      India Budget updates: Jan Dhan Yojana, coal auctions and Swachch Bharat our achievements: FM Proposal to allocate Rs 34600 cr for MNRGA FM: We will finish the journey to 3% fiscal deficit in two years TO MERGE FMC & SEBI: FM Extra Rs 1000 crore to Nirbhaya Fund Visa on Arrival already issued to […]

  • Rail Budget 2015 Highlights

    Key highlights of Suresh Prabhu’s First Railway Budget 2015: No increase in rail fares Railways to raise reserved ticket booking window to 120 days vs 60 days now Presenting his maiden Railway Budget, Rail Minister Suresh Prabhu on Thursday announced a 24*7 helpline for Indian Railways. An all India 24*7 helpline 138 will be effective […]

  • Ministry of Finance Initiatives and Salient Achievements

    Actions to curb Black Money First major decision taken by the present Government after taking over reins of power in May, 2014 was to constitute a Special Investigating Team (SIT) to implement the decision of the Hon’ble Supreme Court on large amount of money stashed abroad by evading taxes or generated through unlawful activities. While […]

  • Holidays To Be Observed In Central Government Offices During The Year 2015

    List of Holidays in Income Tax Office It has been decided that in the Annexure-I the holidays as specified will be observed in all the Administrative Offices of the Central Government located at Delhi/New Delhi during the year 2015. In Annexure-II, by him/her out of the list of restricted holidays each employee will also be […]

  • Bank FDR limit Increased to 150000 under section 80C

    (INCOME?TAX) S.O. 2906(E).In exercise of the powers conferred by clause (xxi) of sub?section (2) of  section 80C of the Income?tax Act, 1961 (43 of 1961), the Central Government hereby  makes the following amendments to the Bank Term Deposit Scheme, 2006, namely:? (a) This scheme is called as the Bank Term Deposit scheme 2014. (b) In […]

  • Income Tax Department Notice for Non Compliance & Non Filing of Returns

    If you have not filed Income return for last few years ( ie Previous year 2012-2013, 2011-2012, 2010-2011, and 2009-2010) then chances are that you might have received income tax notice from income tax department. Income Tax Department is collating information from various sources and is sending notice to non-filers of Income Tax return. If you have received […]

  • How to Pay TDS on sale of Immovable property

    TDS is applicable on sale of immovable property as per Finance Bill of 2013. Where the sale consideration of property is equal or exceeds to Rs. 50,00,000. According to Sec 194 IA, the Income Tax Act, 1961 TDS is applicable from from June 1, 2013  for sale of property exceeding Rs 50 lacs. At the time of making payment […]

  • Check your PAN Name, Verify PAN

    Check your PAN Name, Verify PAN Their is frequent queries on how can i verify pan details, PAN no income tax assessing officer ward and circle no. or how can i track status of my PAN application status. To know about PAN related information including PAN address and PAN details, we provide below five tricks […]

  • LIC Jeevan Shagun Single Premium Policy provides insurance and good returns

      LIC Jeevan Shagun is new Money Back Plan Single premium policy from LIC. Jeevan Shagun (Plan No. 826) is good option as it provides good return and is available against one time payment. Jeevan Shagun is  a close ended plan which would be open for sale from 01 September , 2014 for a maximum period of […]

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