https://www.taxtmi.com/news?id=891 Reinstate a standard deduction for salaried taxpayers and permit deductions for employment related expenses such as professional development and notice pay independent of employer allowances; strengthen HRA verification and payment rules, bring LTA under employer oversight, limit meal card benefits, and introduce family sensitive tax slab treatment and a long term savings subcategory within existing limits. Expand merger and demerger tax benefits to non industrial companies, and reform TDS procedures by removing deductor penalties for vendor PAN failures, imposing time limits for requests, allowing digital Form 16A signing, plus simplifying service tax payments and clarifying central excise registration for importers and depots. en-us Wed, 17 Jun 2009 17:10:38 +0530 Wed, 17 Jun 2009 17:10:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=891 Reinstate a standard deduction for salaried taxpayers and permit deductions for employment related expenses such as professional development and notice pay independent of employer allowances; strengthen HRA verification and payment rules, bring LTA under employer oversight, limit meal card benefits, and introduce family sensitive tax slab treatment and a long term savings subcategory within existing limits. Expand merger and demerger tax benefits to non industrial companies, and reform TDS procedures by removing deductor penalties for vendor PAN failures, imposing time limits for requests, allowing digital Form 16A signing, plus simplifying service tax payments and clarifying central excise registration for importers and depots. News - Wed, 17 Jun 2009 17:10:38 +0530 https://www.taxtmi.com/news?id=891