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

IMPORTANT NEWS: THOSE WHO WANT NEW ECHS SMART CARD 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

(THOSE WHO WANT NEW ECHS SMART CARD CONTACT EXWEL TRUST) புதிய ECHS கார்டுக்கு விண்ணப்பிக்க எக்ஸ் வெல் அறக்கட்டளையை 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 டிஸ்சார்ஜ் புத்தகம் கொண்டு வரவும். ONLY EXWEL TRUST IS DOING THIS SERVICE. DO NOT MISS IT. CONTACT IMMEDIATELY. www.exweltrust.in Click for the application form என்ற இணைய தளத்தை பார்க்கவும்

Sunday, February 4, 2018

INCOME TAX FOR THE ASSESSMENT YEAR 2018-19 DEFENCE PENSIONERS


INCOME TAX FOR THE ASSESSMENT YEAR 2018-19
DEFENCE PENSIONERS

This is the time to calculate your income tax liability and start investing in the Tax savings schemes before  31st March, 2018.  The rates of Income Tax have not changed.  But our Pension has increased to some extent.  As result, all the defence pensioners of the Rank of Havildar and above and equivalent ranks in other services will have tax liability.

The rates of Tax for the Assessment Year 2018-2019 is as follows:-

1
Taxable Income
Below 60 years
Above 60 yrs-80 yrs.
Above 80 years
A
Upto Rs.2,50,000
NIL
NIL
NIL
B
Rs.2,50,000 to Rs.3,00,000
5%
NIL
NIL
C
Rs.3,00,000 to 5,00,000
5%
5%
NIL
D
Rs.5,00,000 to 10,00,000
20%
20%
20%
E
Above 10,00,001
30%
30%
30%

The pensioners whose income exceeds Rs.2.5 lacs (Before any deductions) will have to file Income Tax return before 31 July 2018. (Due date)  Delayed filing will attract fee of Rs.1,000, Rs.5000 and Rs.10000 under various conditions.  Therefore, it is advisable to file your return before 31 July, 2018.

Make use of various tax saving schemes to reduce your tax liability.  Rs.1,50,000 eligible for deduction under Sec.8C.  They are:-

a)      LIC premium (10% of sum assured)
b)      Mutual fund deposit..
c)      Tution fee for two children.
d)      Housing loan principal.
e)      Fixed deposit with Scheduled Bank for a period not less than 5 years as per the scheme.
f)       Under Senior Citizens savings scheme.
g)      5 years time deposit in Post office Deposit rule.
Still many more.

Whatever tax savings you make, you must produce the receipt to the bank before 31 March, 2018.  Also you have to submit PAN Card.  If you do not submit the PAN Card the bank will charge double the tax.

If the bank deduct any tax from your pension or from your fixed deposits, you must collect Form 16 from the bank and keep ready for filing Income Tax Return.


Those who are drawing two pensions must account both the pensions for Income Tax.  The same way, those who are re-employed in any department including Texco must include their pension along with their salary and calculate the tax.  Be aware of some basic Income Tax rules and pay your tax regularly.  You can make use of various tax savings scheme to reduce your tax burden.

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