CSC Champa

23/08/2022

Only OTT package take internet of your choice, your own personal subscriptions no sharing with other subscribers.

13/06/2020

GST TIME LINE FOR RETURNS

14/08/2019

09/08/2019

Gas Cylinder Booking through CSC

09/08/2019

ध्यान देने योग्य

29/07/2019

VLEs of Baloda Block, please whatsapp
Name, VLE ID, Phone number and Panchayat Name to 9301286424, for wifi choupal.

24/07/2019

Last date of income tax return filing extended to 31 August 2019.

16/01/2019

WITHDRAWALS UNDER NATIONAL PENSION SCHEME TO BE TAX-FREE

The Union Cabinet in its Meeting on 6th December, 2018 has approved withdrawals made by subscribers of the National Pension Scheme at the time of retirement “ Tax free”.

Tax exemption limit for lump sum withdrawal on exit has been enhanced to 60%. With this, the entire withdrawal will now be exempt from income tax. (At present, 40% of the total accumulated corpus utilized for purchase of annuity is already tax exempted. Out of 60% of the accumulated corpus withdrawn by the NPS subscriber at the time of retirement, 40% is tax exempt and balance 20% is taxable.)

Besides, the contributions under tier-II of NPS, which is regulated by Pension Fund Regulatory and Development Authority, will now be eligible for tax exemption up to Rs 1.5 lakh available under 80-C of the Income Tax Act.This will be at par with other schemes such as General Provident Fund, Contributory Provident Fund, Employees Provident Fund and Public Provident Fund, provided there is a lock-in period of three years. Tier-2 accounts are voluntary in nature and function like mutual funds, permitting withdrawal anytime. Investments in tier-2 accounts weren’t earlier allowed tax exemption.

click here to the given link to Read the PDF

07/01/2019

Dainik Bhaskar 07.01.2019

06/01/2019

Next milestone!!

now to conduct and information desimination.
MoU between the of Statistics & Programme Implementation (MoSPI) and CSC e-Governance Serives India was signed on 3rd January,2019.

After bagging projects like Aadhaar, Ayushman Bharat, and Ujjwala, the Common Service Centres (CSCs) under the Ministry of Electronics and IT (MeitY) will be conducting Census, Economic Survey and information dissemination.

A Memorandum of Understanding (MoU) between the Ministry of Statistics & Programme Implementation (MoSPI) and CSC e-Governance Services India was signed on Thursday, sources said.

Dinesh Tyagi, Chief Executive at CSC, told BusinessLine, “Around 12 lakh enumerators will be involved in conducting the Survey and they will be trained from February. We have developed a mobile app which will identify the panchayats, location and submit the form automatically to our systems once the survey is done by the invigilator.”

He said most of these 12 lakh people will be part of the three-lakh CSCs across the country and some will be hired from third parties. As they will be trained and certified, they can be utilised in many other surveys done from time to time by the government. In a way the government will be creating around 12-lakh employees for this purpose, Tyagi said.

The survey will start from April and this will be the first time that an agency like CSC will be utilised and also filling up the details digitally. This will be the seventh Economic Survey by the government, and the six surveys before this were all physically done.

Roles of CSC
Some of the roles of the CSC will be to assist MOSPI by providing access to CSCs network in all States/ Union Territories; CSC will develop online mechanism to perform census and surveys at ground level; and CSCs will perform the Census and Surveys at ground under the supervision of MoSPl and all State governments.

To spread awareness among field enumerators, CSC will design the marketing collaterals for MoSPI. Marketing collaterals will help village level entrepreneurs to understand the concept of MOSPI of filling up the online Census and Surveys.

“This MoU will come into force on the effective date and will be valid for a period of three years from the effective date. It may be terminated by either party by giving 30 days written notice to the other party. This MoU may be renewed from time to time, as mutually agreed, in writing, by both the parties,” the agreement between the two agencies said.

05/01/2019

Since it is now necessary to provide a break-up of gross salary, income earned from house properties and income from other sources while filing ITR1 form, taxpayers should keep certain documents close to them during the process:

HIGHLIGHTS

Many taxpayers often make errors due to missing documents
Some of these documents help fetch significant tax benefits
Form 26AS is one of the most important documents required during ITR filing

Millions of Indians are required to file income tax returns (ITR) at the end of each financial year to avoid penalties and earn certain tax benefits. Filing income tax can be tricky at times but it can be accomplished in minutes if you have the necessary documents with you.

Since it is now necessary to provide a break-up of gross salary, income earned from house properties and income from other sources while filing ITR1 form, taxpayers should keep certain documents close to them during the process:

Form 16

If you are a salaried professional, this is one of the most important documents required while filing ITR. Form 16 is basically a TDS or tax deducted at source certificate issued by the employer, providing details of your gross remuneration and TDS deducted on it. Any employer who deducts TDS from salary has to provide a Form 16 to employers. Even if no tax is deducted at source on income, you can ask the employer to give Form 16 to you. Since you will be required to give a complete break up of your salary, having Form 16 will help significantly in filing accurate tax return.

A regular Form 16 has two parts Part A and B. While Part A contains information pertaining to tax deductions by your employer, it also consists of PAN, PAN and TAN of employers. On the other hand, Part B consists of gross salary break-up details such as exempt allowances. It is important to not have any incorrect details of your Form 16.

Salary slips

Another document that comes in extremely handy during ITR filing is a salary slip. Since all income has to be disclosed by taxpayers, it is necessary for them to provide information on allowances such as house rent and transport allowance,

You can find the breakup of all such allowances on your salary slips. You can sum up all the allowances you have received as House Rent Allowance (HRA) in the last financial year, following which you can calculate the tax on the amount.

Considering the fact that the tax treatment of each allowance received is taxed differently, it is key that you go through your salary slips to find out the exact type of allowances.

Form 16A, Form 16B, Form 16C

If TDS is deducted on any income other than salary over specified limit under income tax laws, the bank will issue a Form 16A form with exact details of amount of TDS deducted. Meanwhile, if you have recently sold any property belonging to you, the buyer has to issue a Form 16B.

Last but not the least, if you are earning income from rent, you should ask the tenant to give you a Form 16C for providing details related to TDS deducted on received rent.

Interest certificates from banks

Interest certificates are issued by banks and contain information related to interest income from savings bank account, post office savings account, fixed deposits and recurring deposits all of which are taxable beyond a certain ceiling (Rs 10,000).

In case your bank does not issue an interest certificate, you should ideally keep your passbook updated. It will help you figure out exact details regarding interest credited to your account till the end of the financial year.

Home loan statement

Taxpayers who have taken home loan from bank or other financial institution, should collect the loan statement from the bank as it will provide break-up details of principal and interest repayment.

Under Section 24, a taxpayer’s liability comes down on timely repayment of loan installments. An individual can claim up to Rs 2 lakh under the section. However, a taxpayer is required to provide the exact amount of interest repaid in ITR along with the rental income (if any) from the house.

Form 26AS

Form 26AS is one of the most important documents that individuals should look at before filing returns. Form 26AS is basically a consolidated annual tax statement. It has information of taxes deposited against your PAN card. TDS deducted by employer, banks (in some cases), advance tax deposits and any self-assessment taxes that you paid.

Individuals can download Form 26AS from TDS Reconciliation Analysis and Correction Enabling System (TRACES) website. Before filing income tax return, you should crosscheck that all deducted taxes reflect against your PAN in Form 26AS. Any mismatch would disallow individuals from claiming tax credit.

Insurance deduction certificates

There are various other sections under which tax deductions can be claimed apart from tax-saving investments under popular Section 80C of Income Tax Act. Buying a health insurance premium can also earn you deductions over Rs 25,000 under Section 80D of the act.

So, if you have purchased any health insurance, you should furnish details of the insurance certificate to claim additional deduction.

Similarly, deduction can also be claimed for any interest paid towards education loans under Section 80E.

Aadhaar card

Aadhaar card has become mandatory for filing ITR under Section 139AA of the Income Tax Act. It says that an individual has to provide his or her Aadhaar details while filing tax return. Those without an Aadhaar card will not be able to file ITR unless they have applied for it, in which case, people will be able to complete the process using an enrollment ID.