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IRS OFFICERS RETIREMENT
Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefitsThe "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, incl...- RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
- CM Shivakumar announces one more Karnataka Bhavan in Delhi for civil servant aspirantsKarnataka's Cabinet has greenlit significant developments, including a new Karnataka Bhavan in Delhi for competitive exam aspirants, costin...
- ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
- Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...
- Adani Ports names insider Niraj Bansal as CEO-Ports, Pranav Choudhary exitsAdani Ports and Special Economic Zone has appointed Niraj Bansal as its new CEO-Ports. This change will be effective from June 1. Pranav Ch...
- Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security CodeEnhanced tax-free allowances under the Income-Tax Rules, 2026 can improve employees’ take-home pay. However, the expanded definition of “wa...
- Vijay pulls off a Kejriwal in Tamil Nadu over a decade after AAP's rise in DelhiTamilaga Vettri Kazhagam (TVK) led by actor Vijay is set to win its first Assembly elections in Tamil Nadu. This mirrors the Aam Aadmi Part...
- IRS guidance on normal retirement age for governmental plans: Key normal retirement age rules and age-50 safe harbor for governmental plans with transition relief and legislative deadlinesThe IRS guidance on normal retirement age (NRA) rules for governmental plans, as outlined in Notice 2012-29, provides specific clarificatio...
- After laying off 7,000 employees, IRS set to make a huge change as taxpayers fear refund delaysAfter laying off around 7,000 probationary employees, the Internal Revenue Service (IRS) is set to make a huge change as taxpayers fear ref...
- About 850 IRS officers took retirement under VRS in last 10 years: MoS FinanceOver 850 Indian Revenue Service officers have opted for voluntary retirement in the past decade. Customs officials seized over 2,746 kg of ...
- IRS officer Nitin Gupta appointed new CBDT chairmanThe "Appointments Committee of the Cabinet has approved the appointment of Shri Nitin Gupta, IRS (IT:86), Member Central Board of Direct Ta...
- Post-retirement retention of officers demoralises cadre: IRS officers association to PM Modi"Moreover serving officers are experiencing humongous strain in seamless flow of tax policy models initiated by such retired officers no lo...
- Election Commission appoints four special observers for PuducherryTwo retired IRS officers, Madhu Mahajan and B R Balakrishnan, have been appointed as special expenditure observers, while retired IPS offic...
- Govt dismisses 12 senior I-T officers for corruption, misconductThe list is topped by a Joint Commissioner rank officer against whom there are complaints of corruption .
- Give due importance and respect to CBDT: IRS to Arun JaitleyNew CBDT Chairperson Senior IRS officer Rani Singh Nair is set to be appointed as the new CBDT Chairperson with incumbent Atulesh Jindal re...
- Arvind Kejriwal's I-T officer wife Sunita takes VRSSunita, last posted as Commissioner of I-T in the ITAT in Delhi, had sought VRS earlier this year and an official order has now been issued...
- Najib Shah likely to be appointed as new CBEC ChairmanSenior IRS officer Najib Shah is likely to take over as Chairman of Central Board of Excise and Customs (CBEC), official sources said today.
- Blackmoney: Government appoints outgoing CBDT boss K V Chowdary as SIT AdvisorSenior IRS officer & outgoing CBDT Chairman K V Chowdary was appointed by Government as an Advisor to SIT that is probing black money cases.
- IRS, ITAT top officers jump ship for private sector jobsMany officers are likely to take up pvt jobs.
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