Excepted D.A. From January-2018 @ 142% & 7% for 6th & 7th Pay Commission Respectively.

There is no impact on AICPIW points from July-2017 to October-2017.  It is constant on 285, therefore the Excepted Dearness allowance from January-2018 for 6th Pay Commission is 142% and 7% for 7th Pay commission if November and December-17 is constant. Though, the AICPIW point may increase from 3-4 points for Nov-17 and December-17 then also no any change in Dearness Allowance.


DATED: 31st October, 2017

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) — September, 2017

The All-India CPI-IW for September, 2017 remained stationary at 285 (two hundred and eighty five). On 1-month percentage change, it remained static between August, 2017 and September, 2017 when compared with the decrease of (-) 0.36 per cent for the corresponding months of last year.

The maximum downward pressure to the change in current index came from Food group contributing (-) 1.26 percentage points to the total change. At item level, Fish Fresh, Onion, Bitter Gourd, Brinjal, Carrot, Gourd, Lady’s Finger, Potato, Tomato, Torai, Cucumber, Apple, Banana, etc. are responsible for the decrease in index. However, this decrease was checked by Rice, Wheat Atta, Arhar Dal, Coconut Oil, Poultry (Chicken), Chillies Green, Cauliflower, Green Coriander Leaves, Peas, Coconut, Bidi, Cigarette, Cooking Gas, Petrol, Tailoring Charges, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 2.89 per cent for September, 2017 as compared to 2.52 per cent for the previous month and 4.14 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at (+) 1.30 per cent against (+) 1.61 per cent of the previous month and 4.05 per cent during the corresponding month of the previous year.

At centre level, Tiruchirapally, Varanasi, Lucknow, Quilon and Salem reported the maximum decrease of 4 points each followed by Giridih, Bhilwara, Raniganj, Bengaluru, Faridabad, Vishakhapathnam, Jamshedpur and Haldia (3 points each). Among others, 2 points decrease was observed in 12 centres and 1 point in 18 centres. On the contrary, Tripura recorded a maximum increase of 7 points followed by Bhilai (6 points), Siliguri and Doom-Dooma Tinsukia (5 points each). Among others, 4 points increase was observed in 2 centres, 3 points in 2 centres, 2 points in 4 centres and 1 point in 10 centres. Rest of the 13 centres’ indices remained stationary.

The indices of 44 centres are below All-India Index and 33 centres’ indices are above national average. The index of Tiruchirapally centre remained at par with All-India Index. The next issue of CPI-IW for the month of October, 2017 will be released on Thursday, 30th November, 2017. The same will also be available on the office website WWW.


Expected Pay Scale in 7th Pay Commission for Pay Scale 9300-38400, 10000-35000 and 15600-39100 for Maharashtra State

Central Government well established 7th Pay Commission w.e.f. 01st January, 2016.  Now a days, Maharashtra State Government has been established 7th Pay Committee whose report expected upto December End as the Central Government 7th Pay commission Report.

We well known about that, the Central Government had implemented 7th Pay Commission to their employee w.e.f. 01.01.2016 and assure them to pay salary as per 7th Pay for the month of August 2016 which is payable in the month of September 2016.  The balance arrears will be paid during the same financial year.

Thus, as per the 7th pay Commission report of Central Government Maharashtra State Government all Employees are expected to pay as the same.  Therefore, we develops Expected 7th Pay Calculator for Maharashtra State all Employee.

To Download Expected Latest updated 7 the Pay Calculator for Maharashtra State  Click Here

CBDT Extended due date for Filing of Income Tax Return to 7th Nov. 2017 for A.Y. 2017-18

Recently, CBDT has extend the date of Income Tax Return Filing for Asstt. Year 2017-18 from 31.08.2017 to 07.11.2017. 

Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

North-Block, ITA.II Division
New Delhi, the 31st of Order,2017

Order under Section 119 of the Income Tax Act, 1961

On consideration of representations from various stakeholders for further extension of due date, being 30th September, 2017 for assessees covered under clause (a) of Explanation 2 of section 139(1) of the Income Tax Act, 1961 pertaining to Assessment year 2017-18, the CBDT in modification of its order dated 31.08.2017 in the file of even number, hereby further extends the "due-date" for filing income-tax returns and reports of audit pertaining to Assessment Year 2017-2018 from 31st October, 2017 to 7th November, 2017.

(Rohit Garg)

Copy to-
1. FS to F.M./OSD to FM/PS to MoS(R)/OSD to MoS(R)
2. PPS to Secretary (Revenue)
3. Chairperson (CBDT), All Members, Central Board of Diorector Taxex
4. All Pr.CCsIT/CCsIT/Pr.DsGIT/DsGIT etc..

Expected 7th Pay Fitment Table for Pay Scale Rs. 9300-34800 & Rs. 5500-7600 for Maharashtra State Employee.

The pay matrix comprises two dimensions. It has a “horizontal range” in which each level corresponds to a ‘functional role in the hierarchy’ and has been assigned the numbers. The “vertical range” for each level denotes ‘pay progression’ within that level. These indicate the steps of annual financial progression of three percent within each level. The starting point of the matrix is the minimum pay which has been arrived based on 15th ILC norms or the Aykroyd formula. This has already been explained in Chapter.

On recruitment, an employee joins at a particular level and progresses within the level as per the vertical range. The movement is usually on an annual basis, based on annual increments till the time of their next promotion.

When the employee receives a promotion or a non-functional financial upgrade, he/she progresses one level ahead on the horizontal range.

Expected Pay Fixation in the New Pay Structure i.e. 7th Pay Commission for Maharashtra State Employees

The fitment of each employee in the new pay matrix is proposed to be done by multiplying his/her basic pay on the date of implementation by a factor of 2.57. The figure so arrived at is to be located in the new pay matrix, in the level that corresponds to the employee’s grade pay on the date of implementation, except in cases where the Commission has recommended a change in the existing grade pay. If the identical figure is not available in the given level, the next higher figure closest to it would be the new pay of the concerned employee. A couple of examples are detailed below to make the process amply clear.

The pay in the new pay matrix is to be fixed in the following manner:
Step 1: Identify Basic Pay (Pay in the pay band plus Grade Pay) drawn by an employee as on the date of implementation. This figure is ‘A’.

Step 2: Multiply ‘A’ with 2.57, round-off to the nearest rupee, and obtain result ‘B’.

Step 3: The figure so arrived at, i.e., ‘B’ or the next higher figure closest to it in the Level assigned to his/her grade pay, will be the new pay in the new pay matrix. In case the value of ‘B’ is less than the starting pay of the Level, then the pay will be equal to the starting pay of that level.

GSTR-2 Excel Export and Import Utility from GST

Recently, Govt. has released new GST Offline Tool utility Version 2.1 which is compatible with Excel.   It can export data in excel and have capacity to import from Excel directly.  Overview detail of the same if given below :- 


The Offline Tool version 2.1 has been designed to enable taxpayers to prepare GSTR-1 and GSTR-2 return by adding invoice and other details and by taking action on the auto-drafted counterparty submitted details in the tool in offline mode(without internet).

The Offline Tool version 2.1 supports

GSTR-1: New Invoice and Other details Addition/Deletion
Registered Business to Registered Business (B2B), Business to Consumer inter-state for amount exceeding Rs 2.5 Lakhs (B2CL), Business to Consumer less than Rs. 2.5 Lakhs (B2CS), Exports, Credit/ Debit Note (CDNR) and Credit/ Debit Note for unregistered Persons (CDNUR), Advances (AT), Advance Adjustments (ATADJ) and HSN Summary. The data for sections Nil Rated/ other Exempted/ Non GST and Documents issued has to be entered on the GST portal directly.

Missing Invoice (New and Saved) and Other details addition/Deletion
Registered Business to Registered Business (B2B), Unregistered Person to Registered Business (B2BUR), Import of Services (IMPS), Import of inputs/Capital Goods from Overseas/SEZ (IMPG), Credit/ Debit Note (CDNR) and Credit/ Debit Note for unregistered Persons (CDNUR), Advances (AT), Advance Adjustments (ATADJ), Supplies from composition taxable person and Nil supplies (Exemp), ITC reversal/reclaim (ITCR) and HSN Summary. ISD credit received will be included in GSTR 2 on the portal and will be part of preview.
Take Action (Accept, Reject, Pending and Modify) on submitted counterparty details 
Registered Business to Registered Business (B2B), Credit/ Debit Note (CDNR)

Main features of Offline Tool:
  • Direct Data entry of invoice data and other details in the tool as required under various categories for selected return type into the tool.
  • The tool has functionality to check duplicate records in file created for the lot.
  • Taxpayer can input data of invoices using Excel Workbook (*.xlsx/xls) with separated worksheets for each section of return for inputting invoice data and import the same into the tool. Data of all sections can be imported in the tool in one go.
  • Data can also be copied from the excel template in the window provided in the offline tool
  • Taxpayer can also use the CSV file (Comma delimited (*.csv)) to import section wise invoice details into the tool.
  • Taxpayer can download the invoice and other details from GST portal and take action on submitted counterparty invoices in the tool.
  • Taxpayer can export the downloaded details from offline tool to Excel for taking the actions of Accept/Reject/Modify/Pending on auto-populated submitted invoices/debit/credit note and addition of missing invoices and auto-populated saved details.
  • One of the above four actions need to be taken mandatorily on all submitted invoices otherwise GSTR 2 submission will throw an error.
  • The GST portal will not permit addition of invoices which are available with submitted status in a taxpayers GSTR 2.
  • Tool generates a file in JSON format, which needs to be saved for later upload on the GST Portal.
  • Uploaded details can be corrected by downloading and editing or deleting the invoices. Invoices can be deleted in through bulk selection. All data of a section can also be deleted in one go.
  • The file generated by tool will have to be uploaded on the GST portal. At this time internet connectivity will be required.

E-filing of your return (GSTR-1 and GSTR-2) consist of following steps:
  • Generation of JSON file with invoice data and other details as per the selected return type in the offline tool.
  • Upload of generated JSON file to GST Portal (www.GST.GOV.IN)
  • Creation of your return summary for all data, uploaded in multiple tranches, on GST Portal and this will be an online activity.
  • Verifying the summary on the Portal through preview and if correct submitting the return
  • Filing the return with applicable electronic signature ( DSC/EVC)
  • Important Note: If the JSON file size is more than 5MB the tool creates multiple JSON files in a ZIPPED format. The Zipped file needs to be unzipped and the multiple JSON file need to be uploaded on the portal, one at a time.

Benefit of Excel functions :- 
  • Now data can save/accept/reject/pending  partially in Excel and work later.  
  • Consultants can handover detailed excel file to their clients for working.
  • Easy to select Accept / Reject or Pending in Excel.