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Former bureaucrat and ex Director General of Indian Jute Mills Association, Subhakirti Majumdar passes away

Kolkata (West Bengal) [India], June 7 (ANI/PRNewswire): Subhakirti Majumdar, ex-principal Secretary, Government of Bihar, and former Director-General, Indian Jute Mills Association, passed away on Sunday, 06 June 2021 after battling cancer for almost two years.

Expenditure Dept gets direct control over Public Financial Management System

Expenditure Dept gets direct control over Public Financial Management System April 15, 2021 The PFMS is a web-based online software application developed and implemented by the Controller General of Accounts   -  Blue Planet Studio The PFMS is a web-based online software application developed and implemented by the Controller General of Accounts   -  Blue Planet Studio× Division will be under the administrative control of CGA, but will get full autonomy With the Expenditure Department of Ministry of Finance now deciding to directly control Public Financial Management System (PFMS), the cash management system of the government has undergone a major change after almost four-and-a-half decades.

LTC cash voucher scheme | Already exhausted your 80C limit? Here s how you can still get tax benefits on your insurance premium

Updated Feb 28, 2021 | 18:15 IST Premium payment can be claimed for tax benefit if it is a new policy issuance between October 12, 2020 to March 31, 2021 only and not on renewal premium Already exhausted your 80C limit? Here s how you can still get tax benefits on your insurance premium  New Delhi: This year besides 80C cover, life insurance premium also enjoys tax benefits as part of the LTC scheme. This is as this year or precisely the year 2020 saw restriction in travel due to the Covid 19 pandemic. Also, this comes as a benefit as the 80C section of the Income-tax Act comprises investments such as NSC, Sukanya Samriddhi, PPF, tuition fees, etc., and the limit of Rs. 1.5 lakh gets exhausted fast.

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