WHAT IS YOUR CONTRIBUTION FOR GETTING O.R.O.P.?

IMPORTANT NEWS: ALL SEP, NAIK, HAV WHO HAVE PAID INCOME TAX CAN GET REFUND BY REFILING INCOME TAX RETURN WITH FORM 10E. PLEASE CONTACT EXWEL TRUST PHONE NO.04622575380, 9894152959 PLEASE VISIT OUR WEBSITE: www.exweltrust.in exweltrust.in

UNITY IS OUR STRENGTH

DEAR VETERANS
OUR UNITY IS VERY IMPORTANT
PLEASE HELP THE POOR JAWANS

THEY ARE MORE IN NUMBER

BRING THEM UNDER YOUR COMMAND
BY LOVE & COMPASSION
THEN YOU SEE HOW
THINGS MOVE WITH THE GOVT


PLEASE THINK IT OVER

ALL SEP, NK, HAV WHO HAVE PAID INCOME TAX CAN GET REFUND BY REFILING WITH FORM 10E CONTACT EXWEL TRUST FOR HELP AND GUIDANCE

SOME IMPROVEMENT IN PENSION FOR LOWER RANKS />
ARREARS FROM 01.07.2014.has been paid />
Minimum pension for Sep.Y15 yrs. Rs.17130 />< /> KNOW THE RATES OF DISABILITY PENSIONS

W.E.F.01.07.2014

(FOR PRE 01.01.06)(100%)
READ CDA CIRCULAR 555
Table No.76(FOR 100%)
READ CIRCULAR 555
OTHER RANKS (FOR 100%)
READ CIRCULAR 555

WAR INJURY PENSION
FOR ALL RANKS (100%)
READ CDA CIRCULAR 555

DISABILITY PENSION &
WAR INJURY PENSION
TO BE PAID WITH D.A.

CONSTANT ATTENDANCE ALLOWANCE
FOR ALL RANKS (FOR 100%)
Rs.4500/-W.E.F. 01.07.2014

MINIMUM SPECIAL FAMILY PENSION
Rs.7000/- W.E.F.01.07.2014 for 6 months service

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IT IS BETTER TO KNOW

YOUR PENSION ENTITLEMENTS THAN

YOUR LIQUOR QUOTA

HELP ALL TO GET
CORRECT PENSION FROM BANKS

REMEMBER, THAT OUR DEMAND OF

ONE RANK ONE PENSION

ACCEPTED BY GOVT.Circular issued

But Our demands are not fully accepted

OUR FIGHT CONTINUES

JOIN THE MISSION TO WIN

THERE IS NO GAIN WITHOUT PAIN

LET US FIGHT FOR JUSTICE
OROP MEANS
EQUAL PENSION
FOR EQUAL RANK
GROUP,AND SERVICE
IRRESPECTIVE OF DATE
OF RETIREMENT
WHETHER POST 01.01.2006
OR PRE 01.01.2006

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VISIT www.exweltrust.in

for calculating your OROP arrears

DUAL FAMILY PENSION AGREED BY TN GOVT


"நல்ல நிர்வாகத்தால் வழங்கப்படும்

நீதி தான் உயர்ந்தது.

நீதி மன்றங்களினால் பெறப்படும் நீதிகள்

நிர்வாகத்துக்கு பெரும் அவமானம்

என்பதை நிர்வாகம்

(Ministry of Defence)

நன்கு உணர வேண்டும்."

DE LINKING ORDER ISSUED ON 30SEP16

ARREARS FOR CIR.547,548 & 560 TO BE

PAID TO ALL ELIGIBLE PENSIONERS BY BANKS

தமிழக அரசு இரண்டு குடும்ப பென்சன்

வழங்க அனுமதி அளித்துவிட்டது. செய்தி.

முன்னாள் படை வீரர் குடும்பங்களின்

நலன் காப்பது ராணுவ அமைச்சகத்தின்

தலையாய கடமையாகும்

GOVT. OF TAMIL NADU SANCTIONED

SECOND FAMILY PENSION IS A GOOD NEWS.

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Disclaimer

The postings in this Blog are only the personal opinion and do not necessarily reflect the views of the “indianexserviceman” blog team. These are expressed in good faith for the general welfare of the veterans of the Indian Armed Forces. The contents of this blog are neither for business nor for any commercial gains. Neither the “indianexserviceman” blog team nor the individual authors of any material on this blog accept responsibility for any loss or damage however caused (including through negligence), which you may directly or indirectly suffer arising out of your use or reliance on information contained on or accessed through this blog. All views and opinions presented are solely those of the surfer and do not necessarily represent those of “indianexserviceman” blog team. This is not an official blog site. This blog is run by a team of Air Warriors of the IAF (Veterans). It is not affiliated to or officially recognized by the MOD or AHQ or Air HQ or Govt/State or any other organization.

"நாட்டுக்காக உயிர் நீத்தவர்களை நினைக்காதநாடு இனி யாரும் அதற்காக உயிர் விடும் தகுதியை இழந்துவிடும்."

PENSION GUIDE BOOK IN HINDI AVAILABLE FREE DOWNLOAD. CLICK HERE.

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MESSAGE FOR READERS

"வருமான வரி பிடித்தற்குள்ளான குறைந்த பென்சன் பெரும் ராணுவ பென்சனர்கள் அதை திரும்ப பெற எக்ஸ் வெல் அறக்கட்டளை அலுவலகத்தை அணுகவும். முகவரி "எக்ஸ்வெல் டிரஸ்ட் " 3D புனித மார்க் தெரு,ஜான்ஸ் ஹய் ஸ்கூல் ரோடு சமாதானபுரம், திருநெல்வேலி 627002. போன்:9894152959. 04622575380 வரும்போது உங்கள் பான் கார்டு ஆதார் கார்டு மற்றும் Form 16 என்ற படிவத்தையும் வங்கியில் இருந்து வாங்கி வரவும். மார்ச் 2018 வரை வருமான வரி மறு தாக்கல் செய்யலாம். ONLY EXWEL TRUST IS DOING THIS SERVICE. DO NOT MISS IT. CONTACT IMMEDIATELY. www.exweltrust.in என்ற இணைய தளத்தை பார்க்கவும்

Saturday, December 3, 2016

INCOME TAX FOR A SEPOY FOR THE FINANCIAL YEAR 2016-2017 HOW TO GET REFUND





INCOME TAX FOR A SEPOY FOR THE FINANCIAL YEAR 2016-2017
HOW TO GET REFUND

So far a Defence Pensioner of the Rank of Sepoy was not nearing the Income Tax limit of Rs.2.5 lakhs.  But in this Financial year 2016-17 even a Sepoy will be  required to pay income tax because of the payment of Delinking Arrears.  Since the other arrears such as OROP 2nd and 3rd Instalments, 7th CPC arrears etc., also added in this year, the Tax Deduction at Source becomes mandatory.

Even though the regular pension of a Sepoy does not bring him under the Income Tax limit, but for the Arrears payment, this Tax Deduction will be made now.

Let us analyze the total income of a Sepoy in the FY 2016 to 17 including all the arrears and find out his Total Tax.

Total Pension for the Financial year From 1.4.2016 to
31.3.2017 as per 7 CPC Revised Pension (Sepoy)       Rs.2,09,500 (Approx)

The Delinking arrears paid for Sepoy GP.E 15 Yrs.       Rs.   92,708
(For the period from 1.1.2006 to 23.9.2012)

OROP 2nd Installment arrears paid in Sep/Oct 2016
(For the period from 1.7.2014  to 31.3.2016.                Rs.   27,870

Total Pension & Arrears received                   --     Rs. 3,30,078
Less Tax Limit            --          --          --          --         Rs. 2,50,000
Net Taxable Income    --          --          --          --        Rs.    80,078

Tax deduction if pan card is not given           --          --  Rs.    16,016
Tax deduction if pan card is given     -           --          -- Rs.      8,008

Since the arrears amounting to Rs.1,20,578 has been paid in this year for the period from 2006 to 20014, you can claim Tax Relief under Section 89 and get refund of the tax collected by the bank.  For this you have to approach an auditor with your Annual pension statement along all the arrears payment with the Financial Year wise break up and PAN Card.

It is better that all the Defence pensioners apply for PAN Card if they do not have now and give the number to the bank and  file income Tax return with the help of an Auditor. If you do not give Pan Number, the Bank will deduct 20% tax on your pension arrears.


YOU CAN GET REFUND OF THE TAX DEDUCTED BY PROVIDING FINANCIAL YEARWISE BREAK UP OF THE ARREARS TO THE AUDITOR.


YOU CAN GET FINANCIAL YEARWISE BREAK UP FOR ALL ARREARS ON REQUEST TO

MOBILE NO.9894125019.






 

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