Saturday, 16 July 2022
Theater command
Wednesday, 6 July 2022
INCOME TAX AS YEAR 2021-22
INCOME TAX FOR FY-2021-22 AND FILING RETURNS FOR FY 2020-21 (CURRENT FILING BY DEC 2021)
There is no change either in Income tax slabs or the Tax Rate to what has been for the previous year ie FY - 2020-21. As such, it is necessary to refresh the slabs and the rates of the previous year and the Regimes, Old Vs the New Regime. We are pleased to include the same in this post.
Beginning in 2021 all ITRs will be filed on the new portal of the Income Tax Department which is fully live wef 20th Sep 2021 (it had problems from 7th Jun 21 onwards after the launch)
https://incometax.gov.in replacing the old portal https://incometaxindiaefiling.gov.in
The Income tax Department has eased the return filing by us.
Watch the detailed video placed in this portal as you proceed reading further for introduction.
There is only one change in the Budget 2021 that Assesses above 75 Years of age who have no other income than their Pension and Bank Interests have been exempted to file their income tax returns subject to few conditions.
In their case the bank will work out the tax liability based on the pension and the Interest from FDs etc and deduct the tax as per slabs and submit the same to the IT Dept. The details of various terms and conditions for Senior Citizen above 75 yrs of age to enjoy the exemption in filing ITRs are given at the end of this post. In addition to the above the dividends received on equity shares will be taxed as normal income. Few other changes in Resident new status and subscription to EPF do not effect us as such not being elaborated in this post.In view of the above we are of the opinion that we as Veterans will need to file our returns either under the old regime or the new regime as per the most beneficial option to be arrived at as stated in the Worked Out Example in the succeeding paragraphs.
NEW PORTAL OF INCOMETAS FOR EFILING
Please watch this detailed video
Tuesday, 14 June 2022
AGNIVEER - RECRUITMENT POLICY ANNOUNCED
Government announces 'Agnipath' recruitment scheme for armed forces; unveils radical changes
Scheme will see the induction of the soldiers initially for a period of four years

Union Defence Minister Rajnath Singh with three services chiefs General Manoj Pande (Army), Air Chief Marshal VR Chaudhari and Admiral R Hari Kumar (Navy) during a press conference at National Media Center, in New Delhi on Tuesday. Tribune Photo: Mukesh Aggrawal
New Delhi, June 14
India unveiled a new scheme called "Agnipath" on Tuesday for the recruitment of soldiers in the Army, the Navy and the Air Force, largely on a short-term contractual basis, with an aim to cut the ballooning salary and pensions bill.
Defence Minister Rajnath Singh announced the new scheme at a media briefing, shortly after the Cabinet Committee on Security approved it. "The Agnipath recruitment scheme is a transformative initiative that will provide a youthful profile to the armed forces," Singh said.
The revolutionary changes in the recruitment process will see the induction of the soldiers initially for a period of four years and some of them would be retained. "Under the Agnipath scheme, Indian youngsters will be provided an opportunity to serve in the armed forces as 'Agniveer'," the defence minister said.
Navy chief Admiral R Hari Kumar said the scheme will ensure a wider talent pool for recruitment in the armed forces, adding that women will also be inducted into armed forces under it.
Army chief General Manoj Pande said the scheme aims to bring a paradigm shift in recruitment in the armed forces. It will help ensure optimum balance between youth and experience in the Army, he added.
General Pande said the Army's operational capability will be fully maintained during the initial implementation stage of the scheme.
The "Agnipath" scheme, earlier christened as "Tour of Duty", was launched in the presence of the chiefs of the three services.
The new scheme was announced after extensive deliberations on it over the last two years. The soldiers to be recruited under the scheme will be called "Agniveer".
Currently, the Army recruits young people under the short service commission for an initial tenure of 10 years, which is extendable up to 14 years.
The scheme is aimed at slashing the salary and pension bills of the three services, which have been increasing rapidly. The defence budget of Rs 5,25,166 crore for 2022-23 included Rs 1,19,696 crore for defence pensions.
The allocation for revenue expenditure was Rs 2,33,000 crore. The revenue expenditure includes the expenses on payment of salaries and maintenance of establishments.
ब्रिगेडियर नरेन्द्र ढंड Brig Narinder K Dhand (Veteran) Email ; nkd616@gmail.com Founder and Convener Veterans Portals-Armed Forces Site - http://bit.ly/2M9vw0J <b>Be Informed and Empowered.
Monday, 13 June 2022
8th Pay Commission: Automatic Pay Revision System (APRS)
Dear Veterans,
This mail is for your information, the proposal has not yet been
finalised but is in the air.
8th Pay Commission: Automatic Pay Revision System (APRS) –
Central Govt. is preparing to bring new formula to increase salary of
the employees. Central Govt. Employees’ Salary will be Calculated &
Increased with This New Formula?
After the implementation of this new formula, the salary of the
employees will increase according to their performance linked increment.
According to the sources, there won’t be an 8th Pay Commission after the
7th Pay Commission ends. The Central Government is preparing to bring a
new formula to increase the salary of the employees.
The Central Government is preparing a formula for the employees and
pensioners in which the salary and pension will automatically increase
if the Dearness Allowance is more than 50 percent. The intention of the
government behind this new formula is that it should increase the salary
of the employees from time to time.
It may be named as Automatic Pay Revision system. After the
implementation of this new formula, the salary of the employees will
increase according to their performance linked increment. At present,
the employees’ unions are not happy with this decision of the central
government.
Former Finance Minister Arun Jaitley had also indicated this in July
2016. While giving a speech in Parliament, he had said that now instead
of Pay Commission, one should think about the employees. Arun Jaitley
wanted the salaries of middle-level employees as well as low-level
employees to increase.
At the same time, Justice Mathur had indicated at the time of the
recommendations of the 7th Pay Commission that they want to move the pay
structure to the new formula (Aykroyd Formula). While calculating the
salary using this formula, the salary is fixed keeping in mind the cost
of living. The need of the hour is that employees should be given a
salary in comparison to inflation.
When this happens, lower-level employees can benefit a lot. The basic
salary of a central employee with level matrix 1 to 5 level can be at
least 21 thousand. However, the formula for this is yet to be worked out.
ब्रिगेडियर नरेन्द्र ढंड
Brig Narinder K Dhand (Veteran)
Founder and Convener
Veterans Portals-Armed Forces
Site - http://bit.ly/2M9vw0J
<b>Be Informed and Empowered.
Saturday, 11 June 2022
HOW TO FILE AN RTI APPLICATION
Dear Veterans,
In case you donot hear from the Govt officers after filing a complaint or qry,
resorting to RTI application under the RTI Act of 2005, may be the answer, it will work ultimately. In case of delay send reminder under Registered post. They are bound by Law to furnish a proper reply to you.
In case the reply fiurnished by the CPIO is not satisfactory one can file an appeal to the App Auth , here there is no fee to do so.
For Filing RTI Application to any Branch of Amy HQ (IHQ of MoD (ARMY)) the address is as under :-
Additional Directorate General of Army Education
RTI Cell, G-6, D-1 Wing, Sena Bhawan
Integrated Headquarter of MoD (Army)
DHQ PO, New Delhi 110011
Telephone No - 011 23019585
Fax No - 011-23335675
Email ID - rticell-army[at]nic[dot]in
The Appellate Authority for Integrated HQ of MoD (ARMY) is as under
Provost Marshal & Appellate Authority
Adjutant General Branch
Integrated Headquarter of MoD (Army)
Defence Offices Complex, KG Marg.
Room No 407, A Block, 4th Floor,
DHQ PO - New Delhi-110001
Similarly addresses of the Naval and Air HQ CPIOs can be obtained from their PROs
With best wishes,
-- ब्रिगेडियर नरेन्द्र ढंड Brig Narinder K Dhand (Veteran) Founder and Convener Veterans Portals-Armed Forces Site - http://bit.ly/2M9vw0J <b>Be Informed and Empowered.