Is it necessary to have same photograph on call letter and application form ?
Category-SC My attempt was just 88 in mains and interview was not too good not too bad. Can anyone tell me what are my chances?
Puys ...anyone here knows someone who failed in interview in PO 2015 ??
What is the expected final cut off for obc in bank po
Hello,How many questions r u attempted in PO MAINS?
Wtf is the issue regarding toffee?Well,i couldn't see any toffee with them at my venue.😱😱. Don't tell me that panelist member in noida are misanthrope.😂😂
What is the expected cutoff for pwd-OC?? I attempted 85 in main and expecting 60-63, how much I need in interview?? Pls help me by answering....
God please blessing me to became a PO !!
whn po mains scores will be posted?.any1 knws
state bank clerk or ibps po which is better plz comment
share bankwise cutoff ibps4....
Last year's cutoff. Check it puys....
The Indradhanush plan: for people who r yet to face interview...pls go through it....
What are banking platform? They asked me in interview.
Guys which is the best question bank for IBPS PO/clerk can anyone help me out with this
GK Update - Easwar panel report for simplification of Income Tax laws
Dear Readers,
The expert panel constituted under Justice RV Easwar for simplification of income tax laws was recently in the news and could be important for your exams.
Union Ministry of Finance released the draft report of the committee on January 18, 2016. The report provides recommendations to simplify provisions of the Income Tax Act, 1961. In this article, we will look into the background, objectives and key findings of the report.
Background
· The 10-member (Retd.) Justice R V Easwar Committee was formed on October 27, 2015, in order to change direct tax laws, making them favourable for taxpayers.
· The report comprises 27 suggestions for amendments to the Act and eight for reform through administrative instructions.
· Public comments and suggestions will be sought till January 23, after which the committee will finalise the first part of this report by January 31.
· As it has been instituted for a one-year period, the panel has stated that issues requiring deeper review will be looked at in the next set of recommendations.
Objectives
· To study and identify the phrases in the Income Tax Act that have resulted in litigation due to interpretative differences.
· To study and identify provisions of the Act for simplification, in light of the existing jurisprudence.
· To devise alternatives or amendments so as to ensure certainty and predictability in tax regulations without majorly affecting the revenue collections or tax base.
· To study and identify the provisions of the Act that impact the ease of doing business.
Key Highlights
· Nearly 65% of India's personal income tax collection is through tax deducted at source (TDS). The report thus recommends that TDS provisions should be made more tax-friendly.
· There should be rationalisation and enhancement of threshold limits and decrease in TDS rates. The TDS rates for individuals and Hindu Undivided Families should be brought down from the current 10%-5%.
· For interest on securities, the Committee recommended increasing the threshold for TDS to Rs.15,000 from Rs.2,500 per annum and reducing the tax rate by half to 5%.
· The panel suggested hiking the TDS limit for payments to contractors from the present limit of Rs. 30,000 for single transaction and Rs.75,000 annually to Rs.1 lakh as annual limit.
· On rent income, the TDS limit is suggested to be raised from Rs.1.8 lakh annually to Rs.2.4 lakh.
· In case of fees for professional or technical services, the threshold is advised to be raised to Rs.50,000 from Rs.30,000. However, the TDS rate is recommended to be kept at 10%.
· The Committee has recommended deletion of a clause that lets the tax department delay refund due to a taxpayer for over six months, and also suggested a higher interest levy for all delays in refunds.
· Stock trading profits of up to Rs.5 lakh should be considered capital gains and not business income. This could encourage more retail investments in the stock market.
· An exemption from higher rate TDS should be provided to non-residents, who do not have a Permanent Account Number (PAN), but can produce their Tax Identification Number (TIN).
· Major processes of the income tax department should be done electronically so as to involve minimum human interface. These include filing of tax returns, rectification of faults, refunds and any other communicative task which requires scrutiny.
· To make business easier for small enterprises, the eligibility criteria under the presumptive plan should be raised to Rs.2 crore from Rs.1 crore.
· Tax authorities should not be allowed to reopen or revise findings merely based on audit objections.
· Income Computation and Disclosure Standards (ICDS) should be deferred in order to make the refund process quicker.
· Refunds should be granted with due interest on time and in case of delay, higher interest should be sanctioned.
These are the major points to be remembered about the RV Easwar Income Tax Simplification Report. If you can understand these well, you can easily attempt questions on it.
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Last interview 28 ko h ya 29 ko
As many are asking. Cutoffs LAST YEAR for only general (excluding meritorious reserve candidates)
Vijaya-49.6, Syndicate-49.8,
Dena,BOM,Punjab&Sindh- 50,
United-50.2, Indian,IOB-50.4, Corp,Union-50.6,
UCO,BOI,Canara-51.4, OBC-52.2,
Andhra-54.6, CBI- 54.8, BMB,BOB- 55.2,
PNB-56.4, IDBI-59, ECGC-63.2.
For OBC guys:
Punjab&Sindh,Syndicate,Vijaya-45.6, United-45.8, IDBI,BOM-46, Corp,IOB,-46.2, Canara-46.4, BOI,UCO,Indian,OBC-46.6, Union-47.2, BMB-47.8, CBI,BOB-48, Allahabad-48.2, PNB-48.4, Andhra-48.8, ECGC-54.4
For SC candidates
Vijaya-42.2,Syndicate-42.4, United,Punjab&Sindh-42.6, IOB-42.8, Union,Corp,OBC-43, IDBI,Canara-43.2, Indian,BOM,-43.4, UCO,BOI-43.8, CBI- 44.2, BMB-44.8, Dena-45, BOB-45.8, Allahabad-46.4, Andhra,PNB-46.6, ECGC-49.6.
#Edited
http://www.time4education.com/bankexams/ibps-po-mt-iv-final-result-allotment-details-out.aspx
guys,, which one is better ?
bank po vs RRB NTPC TA/CA ?
thanks!!