Click here to view the Judgement dated 11.07.2013 pronounced by High court Bangalore in W.P no 7258/2012 on the above subject matter.
Tuesday, August 13, 2013
Thursday, August 01, 2013
Last date for filing Income Tax returns extended to Aug 5
The
due date, which was Wednesday, has been extended in wake of
“unprecedented surge” in number of I-T returns being filed
electronically.
“As
a measure of taxpayer’s convenience, it has been decided to extend the
due date of filing of returns from July 31, 2013 to August 5, 2013,” the
Finance Ministry said.
As per the Central Board of Direct Taxes (CBDT), there has been an unprecedented surge in number of returns being e-filed.
This year till July 30, about 92 lakh returns have been electronically filed, which is 46.8 per cent higher than the returns e-filed during the corresponding period last fiscal.
Inspector Posts Examination 2013....vacancy position
Following
vacancies are declared by Bihar, Odisha, Punjab & Tamil Nadu Circle
for Inspector Posts Examination 2013 scheduled to be held on 7th and
8th September, 2013.
Circle
|
OC
|
SC
|
ST
|
TOTAL
|
Bihar
|
05
|
03
|
-
|
08
|
Odisha
|
02
|
02
|
01
|
05
|
Punjab
|
02
|
0
|
02
|
04
|
TN
|
12
|
11
|
-
|
23
|
Courtesy : http://postalinspectors.blogspot.in/
Tips to Protect Your Email Account from Hackers
In the world of technology, there is
always the danger of a security breach. The most common of this
instance is when a hacker is able to access your email account to your
demise and it generally makes your vital files, documents and perhaps
important project portfolios and other essential documents with respect
to your work highly vulnerable to a third party. Who knows, the hacker
just might be a competitor who wants to take a peek of your valuable
exchange of business correspondence with your clients or to completely
pirate your active clients away from you. There is a high chance however
that it could be any hacker who is just waiting for their prey at any
opportunity that they can find to victimize.
Because many professionals are using
their emails for their officials business, an email account becomes
your valuable property and perhaps an asset that allows you to keep in
touch and connect with your clients. Because of this reason, protecting
your email account at all costs should always be a priority. If you are
one among these professionals who find it a priority in keeping your
email safe and protected against hackers, here are some useful tips to
keep your email correspondence and files safe.
Here’s how you can protect your email From hackers:-
1. Before you create an email
account you will be prompted to provide your own password. Maintaining a
strong password for your email account is your first line of defense
against hackers. A strong password attribute is one in combination of
letters, numbers, lower and upper cases which makes it difficult to
hack.
2. Make your password more difficult
by adding punctuation marks and other symbols when your email service
provider allows them to form part of your password.
3. Do not be tempted to use your
birthday, nickname, pet name, family name or anything closely related to
you that can be easily thought of by anyone as your password. If you
are unsure whether you are creating a good password, make use of free
sites that offer a tool for generating strong passwords like the PC Tool
by Semantics.
4. When creating accounts to
different websites that use your email address for log in, be sure that
you have secured for yourself a difficult password to break on each
account but make sure to have your own password manager to easily
remember all your different passwords.
5. Never use the same password as your email account when signing up on various online sites.
6. Be wary about cell phone spyware that
could be monitoring your device each time you get access to your email
using your mobile phone. They can run stealth which quietly monitors
your email correspondence without you knowing it. You should constantly
update your operating system, launch a malware scan
periodically on your phone and always audit your program file to check
for suspicious programs that are installed on your mobile device.
7. Creating an alternative email
account will give you another contingency plan on how to access your
hacked email account or prevent hackers from gaining access to
it. In case someone else managed to hack your email, you have an
opportunity to access it again through your secondary email and change
the account password.
8. When providing for an answer to a
security question, make sure to provide an answer that can’t be easily
guessed. Look for a more unexpected answer, more so a memorable event
in your life, which can take a hacker an eternity to find out. A
complicated answer to these questions as long as you can fully remember
or memorize it can drive away a hacker. Unless he has the leniency of
time, he’ll definitely leave your account alone immediately to find
other accounts who can be hacked easily.
9. It is not impossible to find
yourself needing to access a public computer in order to access your
email in case of emergency. Internet café is the most common place where
you can have an easy access to a public computer. When you do so, make
sure that you have the automatic log in box unchecked before you start
accessing your email account.
10. Ensure that you have
successfully logged out of your account before leaving the public
computer otherwise you are simply giving just anyone an instant access
to your email account to your misfortune.
Source: http://www.techtricksworld.com/
Wednesday, July 31, 2013
Download Data Entry Software - A Useful Study Material for PA/SA Exam - 2013
OFF LINE SOFTWARE FOR DATA ENTRY TEST
|
( Typing test
Part II)
1.
Download the folder
2. Install
your computer
3. Change
the setting (time of test)
4. No
need of internet connection
|
|
|
| Source : http://postalguide100.blogspot.in |
ROLE OF THE DEPARTMENT AND ITS OTHER ATTACHED OFFICES.
Responsibilities of DOPT
ROLE OF THE DEPARTMENT AND ITS OTHER ATTACHED OFFICES.
Department of Personnel & Training
The role of the Department of Personnel & Training can be
conceptually divided into two parts, In its large nodal role, it acts as
the formulator of policy and the watch-dog of the Government ensuring
that certain accepted standards and norms, as laid down by it, are
followed by all Ministries/Departments, in the recruitment, regulation
of service conditions, posting/transfers, deputation of personnel as
well as other related issues. Towards this end, guidelines are issued by
it for the benefit of all Ministries/Departments and it monitors the
implementation of these guidelines. It also advises all organizations of
the Central Government on issues of personnel Management. At a more
immediate level, the Department has the direct responsibility of being
the cadre controlling authority for the IAS and the three Secretariat
Services in the Central Secretariat. The Department also operates the
Central Staffing Scheme under which suitable officers from All India
Services and Group ‘A’ Central Services are selected and then placed in
posts at the level of Deputy Secretary/Director and Joint Secretary, on
the basis of tenure deputation. The Department also deal with cases of
appointment to posts of Chairman, Managing Director, full-time
functional Director/Member of the Board of Management of various Public
Sector Undertakings/ Enterprises, Corporations, Banks and financial
institutions. It also deals with the assignment of Indian experts to
various developing countries. It is also responsible for formulation and
coordination of training policies for the All India and Central
Services and providing support for the capacity building of State
Government officials
Recruitment Agencies
The two organizations through which the Department ensures recruitment
of personnel for the Government are the Union Public Service Commission
(UPSC) and the Staff Selection Commission (SSC).. The former is
constituted under a provision of the Constitution and is responsible for
conducting examinations for appointment to the higher civil services
and civil posts under the Union Government; including recruitment to the
All India Services. There is a mandatory provision for consulting the
Commission on all matters relating to methods of recruitment, principles
to be followed in making promotions and transfers from one service to
another and on all disciplinary matters. The SSC is responsible for
making recruitment to subordinate staff such as Assistants,
Stenographers etc. The office of the UPSC is located in Dholpur House,
New Delhi, while that of the Staff Selection Commission is located at
the CGO Complex, Lodhi Road, New Delhi.
Training Division
Training Division is responsible for coordinating the implementation of
National Training Policy which was adopted in April 1996. The Department
also sponsors a number of training programmes on a variety of subjects
for different categories of Central and State Government employees.
Training Division also develops and undertakes capacity building
initiatieves under special packages for different levels of State
Government officials. Training Division provides assistance for
upgradation of the training infrastructure of State Government Training
Institutions. It is responsible for the development of resource persons
as trainers in different skills of training and maintains a database of
trainers. It facilitates the development of training material and also
coordinates with Training Institutions all over the country. The
Training Division organizes a number of long term training programmes in
public policy in leading management institutes in India for the
officers of the Central and State Services. The foreign training scheme
for the Central and State Government Officers, other than selection, is
administered by the Training Division. A new scheme of mandatory
Mid-Career Training for IAS officers is also being administered by the
Training Division
Two major training institutions directly under the administrative
control of the Department are the Lal Bahadur Shastri National Academy
of Administration (LBSNAA), Mussorie and the Institute of Secretariat
Training and Management (ISTM), JNU Campus, New Delhi. The former is
mainly responsible for providing induction training to recruits to the
Indian Administrative Service and other All India Services and Central
Services. The Institute of Secretariat Training and Management provides
induction as well as in-service training to members of the Central
Secretariat Service. The Indian Institute of Public Administration, New
Delhi which is an autonomous organization, is also being funded partly
by the Training Division.
Source : http://cgstaffnews.com/
UIDAI, Banks disagree on use of biometric authentication at ATMs
MUMBAI: Will banks have to spend a fortune to give customers the choice
of either putting their finger prints or swiping plastic cards to
withdraw money from ATMs and pay for purchases?
Not really, says the Unique Identification Authority of India (UIDAI),
the agency that issues the 12-digit Aadhaar numbers and is pushing for biometric authentication for
credit card and ATM transactions. But bankers disagree. Besides the
travails and risks of a new technology, upgrading each and every
automated teller machine and point of sale terminal at thousands of
merchant outlets will not come cheap, they argue.
Indeed, 'cost' is emerging as one of the issues in the brewing debate -
'Aadhaar or plastic cards'. According to a source familiar with the
subject, an RBI-constituted panel has pegged the cost of banks'
readiness for Aadhaar at 4,259 crore compared with 3,556 crore thebanking industry has to spend to upgrade machines to match a different technology they think lowers the risk of card frauds.
It's learnt that the UIDAI nominee
on the panel is likely to issue a dissent note on the estimates the
agency believes is significantly higher than what banks' migration to
Aadhaar would cost.
About a fortnight ago, the findings of the report were shared by Pulak
Kumar Sinha, the SBI general manager who heads the panel, at a luncheon
meeting with RBI Deputy Governor HR Khan. Other members of the working group were also present at the meeting.
Cost the only point of conflict
According to a UIDAI spokesman, other than cost estimates, there is no
other point on which UIDAI or any other member is in disagreement.
Responding to ET's queries, Ashok Pal Singh, deputy director general,
UIDAI, said nowhere does the report suggest that Aadhaar, in its current
shape and form, is not recommended for large-scale adoption for the
existing card base as an additional factor of authentication.
"If need be, UIDAI will put a dissenting note by way of a disclaimer on
the costing...I repeat that on no other point is UIDAI or any other
member in disagreement with the rest of the draft report," he said.
Asked whether the working group has voiced concerns on account of the
fact that if Aadhaar of a cardholder is compromised, the cardholder's
identity gets compromised for life, the UIDAI official said the report,
which should be in public domain shortly, has not made any such
observation.
The Reserve bank spokesperson did not respond to ET's email query.
UIDAI is of the view that Aadhar-based payment technology can be cost
effective and beneficial as it will take electronic payments to the
masses. "What is this great upgradation cost we are seized about? The
comparison is between cost of deploying a technology that has peaked
(chip and pin) versus a technology making its debut (Aadhaar-based
biometric authentication) and yet to acquire economies of scale... The
number of PoS terminals in the country is a pittance. A card does not
get accepted beyond two dozen major cities. Does anyone seriously
believe the aam aadmi will transact with a chip and pin card? Aadhaar
uses a light PoS with no inbuilt intelligence as authentication takes
place back end and the device is only a communication channel as against
a device that must decode and read a chip. Even common sense will defy
an assertion that the former will require a heavier and more expensive
device," said Singh.
Some of the credit card heads of banks ET spoke to said there was a
distinct possibility that RBI would ask banks to gradually roll out
Aadhaar-based biometric authentication as an additional authentication
for card transactions. "RBI may not mandate banks immediately, but may
nonetheless ask them to upgrade the technology. This is happening at a
time banks are issuing credit and debit cards that are based on EMV
technology," said a banker.
In EMV cards, the card and CVC numbers are encrypted. And, unlike the
EMV or the conventional magnetic stripe technology where cards have to
be swiped, a biometric authentication involves the bank's ATM or PoS
reading the fingerprints and matching them with the fingerprint records
aggregated by authorised authentication service agents like VISA,
National Payments Cop or Vodafone before the transaction is cleared.
Source : http://timesofindia.indiatimes.com/
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Little-known tax deductions you might have missed while filing returns
Paying
more tax than is due is bad enough. It's worse if you don't even know
you have overpaid and are eligible for a refund. Many youngsters are not
conversant with tax rules and fail to fully utilise the deductions
available to them.
Tax filing
portal Taxspanner.com studied last year's returns and found that nearly
51 per cent of salaried taxpayers had not fully used the tax-saving
limit under Section 80C. Only one of the four taxpayers had claimed the
full deduction for health insurance under Section 80D.
Here are
some little-known deductions available to taxpayers. Make sure you claim
them when you file your returns this year. If you have already done so,
you can file a revised one to claim the deduction you missed.
1. Home loan repayment under Section 80C
If you are
paying a hefty home loan EMI, chances are that you will find it
difficult to put money in tax-saving options. Take heart. While the
interest paid on the home loan is deductible under Section 24b, even the
principal portion gets you tax benefits under Section 80C.
This is a
godsend for taxpayers, who have not been able to exhaust their Rs 1 lakh
saving limit under Section 80C because of the home loan EMI. The
deduction for the interest paid on a home loan is capped at Rs 1.5 lakh
only in case of a self-occupied house. If you have bought a second house
for investment and have rented it out, the entire interest during a
given year can be claimed as a deduction. This brings down the effective
rate of borrowing for the buyer.
2. 30 per cent standard deduction of rental
If you let
out your house, the rent is added to your income and taxed at the normal
rate applicable to you. However, there is a 30 per cent standard
deduction from this income. So, if you receive a rent of Rs 10,000 per
month, the total rent for the year would be Rs 1.2 lakh. Of this, Rs
36,000 would be the standard deduction and you will have to pay tax only
on Rs 84,000.
3. Carry forward and adjust capital losses
Certain
short-term or long-term capital losses you made during the year can be
adjusted against other gains. If you lost money in stocks, equity funds
or gold last
year, you can set off the loss against short-term capital gains or
taxable long-term capital gains from the sale of property, gold or debt
funds. If you are unable to adjust the entire loss, you can carry it
forward for up to eight financial years.
Suppose you lost Rs 80,000 in stocks and
gold funds in 2012-13 and managed to adjust Rs 30,000 against gains
from debt funds. You can carry forward the unadjusted loss of Rs 50,000
and keep doing so against other gains till 2020-21. However, you can
adjust only short-term losses from stocks and equity funds in this
manner. If you have held the stocks and funds for more than one year,
the losses cannot be adjusted.
Also, one cannot set off short-term gains from stocks against long-term capital losses from other assets. However, both short-term and long-term losses from other assets, such as gold, property and debt funds, can be adjusted. The taxpayers who earned capital gains from fixed maturity plans (FMPs) and debt funds will find this particularly useful.
4. Use indexation for long-term gains
Do you know you can use inflation to
bring down your tax? The indexation benefit can be used to adjust the
buying price of an asset to the inflation during the period of holding.
If this sounds Greek to you, here's an example.
Suppose
you invested Rs 2 lakh in an FMP, in March 2010, and got Rs 2.8 lakh
when the plan matured in March 2013. You will have to pay 10 per cent
tax on the Rs 80,000 earned as capital gain. However, if you take the
indexation route, the 35 per cent inflation during the holding period
will adjust your buying price upwards to Rs 2.7 lakh. Even though the
gain of Rs 10,000 will be taxed at a higher rate of 20 per cent, the
overall tax will be only Rs 2,000, compared with the Rs 8,000 payable,
if you were to take the flat 10 per cent option.
Calculating the tax according to the indexation option requires a bit of math, but can be very rewarding.
5. Medical insurance of parents
The premium of your health insurance policy is
deductible up to Rs 15,000 under Section 80D. However, you are eligible
for an additional deduction of Rs 15,000 if you have insured your
parents as well. If even one of them is a senior citizen, the limit of
deduction is even higher at Rs 20,000.
6. Illness and disability
If
you have a dependant, who suffers from any of the diseases specified
under Section 80DDB, you can claim a deduction of Rs 40,000. The
deduction is higher at Rs 60,000 if the patient is a senior citizen. The
diseases include, neurological ones (dementia, dystonia musculorum
deformans, motor neuron disease, ataxia, chorea, hemiballismus, aphasia
and Parkinson's disease), malignant cancers, full-blown AIDS, chronic
kidney failure and haematological disorders (haemophilia and
thalassaemia). Dependants can include spouse, children, parents and
siblings.
However,
the patient should be wholly or mainly dependent on the taxpayer and
should not have separately claimed any sum from an insurance company for
the illness. Similarly, if a taxpayer suffers from a disability, he can
claim deduction of Rs 75,000 under Section 80U. If he has a disabled
dependant, he can claim the deduction under Section 80DD.
Disability includes
blindness, low vision, leprosy, hearing impairment, loco-motor
disability, mental retardation and mental illness. A minor disability
won't get any tax benefits; the disability should be at least 40 per
cent. If the disability is over 80 per cent, the deduction is Rs 1 lakh.
Source : The Economic Times
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