03-Sep-2008
Story Timeline: 92 days
3 Sep, 2008, 0825 hrs IST,Pradeep Thakur , NEW DELHI: For lakhs of central government employees looking forward to receiving 40% of the accumulated arrears on their increased salary next month, in time for some festive spending on Diwali and Eid, here’s a dampener. The government has decided to levy tax on the entire amount of arrears—60 % of which will be paid next year—in the current fiscal itself. For most...
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