fundamental rules & it

8/17/2019 Fundamental Rules & IT

1/13

Opening of ServiceOpening of ServiceRegister, Probation, LeaveRegister, Probation, Leave

entitlement, Pay andentitlement, Pay andAllowances &Allowances &

Calculation of Income a!Calculation of Income a!during "#$%$'during "#$%$'

A. VENKATESWARA RAOA. VENKATESWARA RAODeputy Director, State Audit &Deputy Director, State Audit &

Manager (FinanceManager (Finance

A!"F#D$. %yderaadA!"F#D$. %yderaad

ande'raog)ai*.co)ande'raog)ai*.co) Moi*eMoi*e

+++--//+++--//

mailto:[email protected]:[email protected]:[email protected]


2/13

(aintenance of Service Registers(aintenance of Service Registers

0enera* entrie1 to e

)ade

Entrie1 in red and *ue2*ac3co*or

Annua* 'eri4cation o5SR1

$on1e6uence1 o5 entrie1)i11ing

Opening o5 1er'iceregi1ter

!eriodica* in1pection o5SR1


3/13

A)P) Leave RulesA)P) Leave Rules

Earned 7ea'e 8 Regu*ar e)p*oyee1

%a*5 !ay 7ea'e

9 Te)porary e)p*oyee1

%a*5 pay *ea'e enca1:)ent onretire)ent$o))uted 7ea'e

7ea'e Not Due

%a*5 !ay *ea'e in *ieu o5 5u** pay

E;tra ordinary *ea'e


4/13

A)P) Leave Rules * Contd+))A)P) Leave Rules * Contd+))

Enca1:)ent o5 Earned 7ea'e 8 #n1er'ice

Specia* Kind1 o5

*ea'e1

9 Onretire)ent

Maternity7ea'eStudy 7ea'e

Specia* Di1ai*ity7ea'e%o1pita**ea'e!aternity*ea'e


5/13

Pay and AllowancesPay and Allowances

!ay and a**o


6/13

Computation of Income a!Computation of Income a!

#nco)e $:argea*e under t:e :ead>1a*arie1?

Tra'e**ingA**o1a*arie1?

Deat:9cu)9Retire)ent0ratuity$o))utation o5pen1ion7ea'e enca1:)ent onretire)entRetrenc:)entco)pen1ation

Su) recei'ed under 7#$


7/13

-eductions-eductions"nder Sec. @(iii 8 !ro5e11ion

Ta;

Ma;i)u) *i)it o5 R1.@,//,///

"nder $:apter V#

0!F2A!07#2A!E0#S27#$2!!F2"7#!

!ay)ent o5 principa* on %BA

Tuition 5ee paid 5or t


8/13

Ot.er deductionsOt.er deductions!ay)ent 5or pen1ion 5und1

E;penditure on per1on1


9/13

Ot.er savingsOt.er savingsDonation1 to certain 5und12c:arita*ein1titution1

Donation1 to certain 1cienti4c re1earc:in1titution1

!ay)ent o5 rent


10/13

/ormal Rates of a!/ormal Rates of a!

1

Where the total income

does not exceedRs.2,00,000/-

NIL

2

Where the total incomeexceeds Rs.2,00,000 butdoes not exceedRs.5,00,000/-.

10% o the amount b!"hich the total incomeexceeds Rs.2,00,000

#

Where the total incomeexceeds Rs.5,00,000/-but does not exceedRs.10,00,000/-.

Rs.#0,000/- $lus 20% othe amount b! "hichthe total incomeexceeds Rs.5,00,000/-.

Where the total income

exceeds Rs.10,00,000

Rs.1,#0,000/- $lus #0%

o the amount b!"hich the total incomeexceedsRs.10,00,000/-.

Reate o5 R1. ,///29 to t:o1e


11/13

$o)pute a** 1a*arie1,


12/13

Depo1it ta; deducted e5ore due date

#ntere1t, !ena*ty & !ro1ecution 5or Fai*ureto Depo1it Ta; Deducted

Fi*e uarter*y return1 8 -2

Furni1: certi4cate o5 ta; deducted to t:e

partyMandatory o5 6uoting !AN and

TAN!ena*ty 5or de5au*t in 5urni1:ing 1tate)entor incorrect 1tate)ent1

Responsibilities of --OsResponsibilities of --Os


13/13

&han' (ou&han' (ou

fundamental rules & it

Documents