Peloton slashes over 500 jobs as part of its turnaround strategy after massive loss – Economic Times

The Department of Personnel and Training (DoPT) has issued a series of FAQs that may be useful when the responsible authorities issue Income & Asset Certificates to candidates. DoPT issued the FAQs on September 19, 2022.
There is a provision for 10% reservation for economically weaker sections (EWSs) in direct recruitment to civil posts and services in the Central Government, who are not covered by the reservation plan for SCs/STs/OBCs. In addition to the asset test, individuals must be classified as EWSs in order to qualify for reservation benefits if their family’s gross yearly income is less than Rs 8.00 Iakh (Rupees eight lakh only).
Income for this purpose includes earnings from all sources, such as salaries, businesses, professions, and income from agriculture for the fiscal year prior to the year of application. Gross income that has been taken into account for income tax purposes will be the income used for this purpose.
As per Para 4.1 of DoPT O.M. No. 36039/1/2019-Estt.(Res.), dated 31.01.2019, apart from asset holding test, persons whose family has gross annual income below Rs 8.00 Iakh (Rupees eight lakh only) are to be identified as EWSs for benefit of reservation. Income for the purpose shall include income from all sources i.e. salary, agriculture, business, profession, etc. for the financial year prior to the year of application. The income for this purpose will be. gross income taken into account for the purpose of Income Tax.
Yes.

If one’s gross salary is Rs10 lakh but as per income tax return total income is Rs.6 lakh. Can a candidate apply for Income and Asset certificate?It is always calculated on gross salary/gross income.
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