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30/12/2014

Government to tighten screw on indisciplined government employees

Prime Minister Modi has himself reiterated that he is a hard task master. This version of him has started to reflect on ground. Government has already tighten noose around the neck of indisciplined central government employees by deploying biometric attendance machine in offices. Government is coming up with more stricter rules, please read this news report:-

half-day
Source-govemployees

21/12/2014

Important Tips to save Income Tax

Important Tips to save Income Tax

With insurers, fund houses and others pushing products during this time, do the numbers first
In December, employees typically start getting letters from their human resource department to provide documents to support their tax-saving declaration made in March.
This year, there is a twist in the tale.
The Union Budget, in July, increased the Section 80C limit and home loan interest under Section 24 by Rs 50,000 to Rs 1,50,000 and Rs 2,00,000, respectively.
So, some adjustments will be required.
Step one: Before you start rushing to buy all kinds of products to fill the gap, do some hard numbers.
Look at your annual employee provident fund (EPF) contribution.
If the amount exceeds Rs 1,50,000, then you needn’t worry about tax saving.
The problem lies if the amount is lesser.
Step two: Do you have a home loan? It could solve the problem.
Since Section 80C allows principal payment deduction up to the entire limit, if you are falling short after the EPF contribution, use it.
Also, if you are already paying annual premiums for life insurance policies and have invested in other instruments such as Public Provident Fund, National Saving Certificates and others, use them.
Step three: The need for fresh investments and buying new instruments would only occur two circumstances.
One, you do not want to invest in instruments like PPF or NSC and are still falling short of the 80C limit.
Two, you want to take exposure in more aggressive instruments through the equity route so that while saving tax, you also make more money.
The first choice, in such circumstances should be equity-linked savings schemes. But remember that they have a three-year lock-in period.
The good part: With equity markets looking up and likely to do well for the next few years, they should give good returns.
Also, the returns on redemption will be tax free.
Under Section 80C, the investor in the top income-tax bracket will get a benefit of 30 per cent on the invested amount. You can also use the SIP route.
But given the fact that it is already December, it would be a better idea to use the lumpsum route to save tax.
Step four: Yes, with stock markets on a roll, insurers will push unit-linked insurance plans with a high equity component.
No doubt, this will save tax and have become substantially cheaper, but it will hurt you otherwise because these products do not provide enough insurance or investment.
Choosing a pure-term plan to save tax will be even cheaper.
As Kartik Javeri, director, Transcend India, says: “It will also mean an annual premium payment which will save tax.”
Step five: Since the home loan interest component under Section D has also been increased to Rs 2,00,000, one big step you can take is reduce the tenure of the home loan, if you can afford it and especially if it is a new loan.
Since the interest component is higher in the initial period of the loan tenure, you can maximise your benefits. In case of a joint loan, the annual benefit will be Rs 4,00,000.
“If you in your 20s or 30s, you can also invest the surplus and prepay a larger amount in the later years.
This way, you will forego some tax benefit, but start building wealth for the future,” adds Jhaveri.
Joydeep Ghosh
Source: BS

16/12/2014

Vacation and Breaks in Kendriya Vidyalayas during academic session 2015-16.

Kendriya Vidyalaya Sangathan(HQs)
18 Institutional Area
Shaheed Jeet Singh Marg
New Delhi – 110016
File No. 110334/2012-KVSHQ(Acad.)/.Part II/5280-5285
Dated 10.12.2014
OFFICE MEMORANDUM
Subject:- Vacation and Breaks in Kendriya Vidyalayas during academic session 2015-16.
The Competent Authority has decided the following, schedule for Vacation and Breaks in Kendriya Vidyalayas for the academic session 2015-16, as per decision of 94th BOG dated 28.12.2012.
(A) Summer stations:-
(I) Regions covered :-(Jammu, Chandigarh, Dehradun, Gurgaon, Delhi, Agra, Bhopal, Jaipur, Kolkata, Guwahati, Silchar, Tinsukia, Lucknow, Varanasi, Ranchi and Patna).
1Summer Vacation13.05.2015 (Wednesday)21.06.2015 (Sunday)40 days
2Autumn Break18.10.2015 (Sunday)27.10.2015 (Tuesday)10 days
3Winter Break24.12.2015 (Thursday)12.01.2016(Tuesday)20 days
(II) Regions covered (Ahmedabad, Mumbai, Bangalore, Chennai, Hyderabad, Jabalpur, Raipur, Ernakulum and Bhubaneshwar).
1Summer Vacation03.05.2015(Sunday)21.06.2015 (Sunday)50 days
2Autumn Break13.10.2015 (Sunday)27.10.2015 (Tuesday)10 days
3Winter Break24.12.2015 (Thursday)03.01.2016(Sunday)11 days
(B) Winter Stations:-
1Summer Vacation17.05.2015(Sunday )26.05.2015 (Tuesday)10 days
2Autumn Break18.10.2015 (Sunday27.10.2015 (Tuesday)10 days
3Winter Break12.12.2015 (Saturday)31.01.2016(Sunday)51 days
(C) Long Winter Stations:- KVs at Leh, Kargil, Nubra (J&K) and Tawang (Arunachal Pradesh).
1Winter Break29.11.2015(Sunday)07.02.2016 (Sunday)71 days
(D) A&N Islands:-
1Summer Vacation09.05.2015(Saturday)07.07.2015 (Tuesday)60 days
2Autumn Break18.10.2015(Sunday)27.10.2015(Tuesday)10 days
(E) For KV Kathmandu (Nepal):-
1Summer Vacation16.05.2015(Saturday)30.05.2015(Saturday)15 days
2Autumn Break18.10.2015 (Sunday)27.10.2015 (Tuesday)10 days
3Winter Break05.12.2015 (Saturday)18.01.2016 (Monday)45 days
Note:-
(1) Both dates (days) are inclusive.
(2) if day of opening Vidyalaya is a holiday or declared a holiday by Govt, the Vidyalaya will open on the .
(3) Shipping schedule from A & N lsiands to the main land has not been received so far. Hence vacation dates in the above Vidyalayas of A & N Islands are tentative and will coincide with vacations of State Government Schools to enable all KV teachers to avail facility of ’Teacher’s special Ships’ for visiting mainland during vacations.
(P.K. Koul)
Dy Commissioner (Acad)
SOURCE - http://www.govemployees  .in/

05/12/2014

10/07/2014

GOOD NEWS - Tax exemption limit under 80C raised to Rs 1.5 lakh

tax-L
Seeking to boost household savings, the government today hiked the exemption limit for investments by individuals in financial instruments to Rs 1.5 lakh.

Presently the investments and expenditures up to a combined limit of Rs 1 lakh get exemptions under Sections 80C, 80CC and 80CCC of the Income-Tax Act.

The announcement to hike tax savings limit was made by Finance Minister Arun Jaitley in his speech while presenting
the Union Budget, 2014-15.

There have been demands from bankers and insurers to hike the tax exemption limit from Rs 1 lakh per annum to encourage household savings.

The savings rate has come down from over 38 per cent of GDP in 2008 to 30 per cent in 2012-13.

The hike in the exemption limit would provide much needed relief to the salary earners who are reeling under the impact of high inflation.

The Direct Taxes Code (DTC) too had recommended that the combined ceiling for investments and expenditures be raised to Rs 1.5 lakh per annum.

The financial instruments which enjoy exemption include life insurance premium, public provident fund, employees provident fund, National Savings Certificates, repayment of capital on home loan, equity linked saving schemes sold by mutual funds and bank FDs of five year maturity.

SOURCE - indian express

KNOW ABOUT - NEW Income Tax Structure 2014-15 announced in Budget 2014


Income Tax Structure 2014-15 announced in Budget 2014
There is no change in the income tax rate for the year 2014-15 (Assessment Year 2015-16)
(i) The rates of income-tax in the case of every individual (other than those mentioned in (ii) and (iii) below)
Upto Rs. 2, 50,000 NIL
Rs. 2,50,001 to Rs. 5,00,00010 per cent.
Rs. 5,00,001 to Rs. 10,00,00020 per cent.
Above Rs. 10,00,00030 per cent.
 (ii)          For persons of Age between 60 Years to 80 Years
Upto Rs. 3,00,000NIL
Rs.3,00,001 to Rs. 5,00,00010 per cent.
Rs. 5,00,001 to Rs.10,00,00020 per cent.
Above Rs. 10,00,00030 per cent.
(iii)         For persons having Age of  80 Years or More
Upto Rs. 5,00,000
Rs. 5,00,001 to Rs. 10,00,00020 per cent.
Above Rs. 10,00,00030 per cent.
 Other Budget 2014 highlights relating to Income tax 2014-15
  • Personal tax exemption limit raised to Rs 2.5 lakh from current Rs 2 lakh for tax payers below 60 years
  • Senior citizens’ tax exemption limit hiked from Rs 2.5 lakh to Rs 3 lakh
  • No change in surcharge for corporates, individuals
  • Education Cess to stay at current 3%
  • Investment limit under Section 80C hiked to Rs 1.5 lakh from current Rs 1 lakh
  • Exemption on housing loans interest on self-occupied property increased from Rs 1.5 lakh to 2 lakh

19/06/2014

KNOW ABOUT - MEDICAL ATTENDANCE AND TREATMENT RULES

Indian Railway

Medical Attendance and Treatment Rules 

 601.  1. The authorised medical officer means  the Railway Medical Officer within whose jurisdiction the Railway employee is headquartered or one who is specifically nominated for the purpose. 
            (Railway Boards letter No.89/H/6-1/dated 10-7-1989) 
Note: (1) The authorised medical officer may as per the requirement of a particular case, refer the case to any other medical officer of the required speciality. 
          (2) The jurisdiction of a Railway Medical Officer will be taken to cover the railway employees and their beneficiaries residing within a radius of 2.5 km. of the hospital/Health Unit/Station of the Railway. 
2.  Medical attendance means:-- 
(a)  Attendance on a railway employee, a member of his family or dependent relatives at the consultation room maintained by the authorised medical officer or any Railway hospital/Health unit. 
(b) If there is no such consultation room/health unit/hospital, then attendance in any railway hospital/health unit/dispensary to which the railway employee or a member of his family or dependent relatives, is referred to by the authorized medical officer.
(c)   Attendance on a railway employee at his  residence. 
(d)  Such pathological, bacteriological, other tests etc. or other methods of examination for the purpose of diagnosis and treatment as are available in any Railway Hospital and are considered necessary by the authorised medical officer. 
Note:  When such facilities are not available in the Railway hospital, then such examination may be conducted in any Government or recognized hospitals (Government hospitals include hospitals run by local bodies), at the instance of the authorised medical officer.  State Governments where agreeable, should debit the cost of treatment to the Railway administration concerned, preferring bills or raising debits in such cases.  Otherwise reimbursement to railway employees concerned, would be permissible as per rules.  Reimbursement of claims on account of such investigations even at non recognised institutions may be decided by the General Manager in consultation with FA & CAO, provided these were done at the instance of the authorised medical officer and the amount involved does not exceed Rs.1000/- per case. 
(e)  Such consultation with a specialist or other medical officer in the service of Government, stationed at places served by the Railway administration as the authorized medical officer with the approval of Chief Medical Director, certifies to be necessary to such extent and only in such measure as the specialist or the Medical officer may, in consultation with the authorised medical officer determine.  
Note : A patient should not be referred to 
(i)         a specialist or a medical  officer not in service of Government. 
(ii)       a specialist or medical officer  in the service of Government but posted outside the place served by the Railway. 
(f)   Consultation with specialists or other medical officer means taking advice on the line of treatment and management but not treatment by the Consultant. 
(g) If the authorised medical officer feels that the patients  condition is of a serious nature as to  require medical attendance by some person other than himself, with the approval of the Chief Medical Director of the Railway (which shall be obtained before hand) unless the delay entails serious danger to the health of the patient: 
(i)   send the patient to the nearest specialist or medical officer by whom, in his opinion medical attendance is considered necessary for the patient, or 
(ii)  if the patient is too ill, request such specialist or medical officer to attend the patient. 
(h)  A specialist or medical officer summoned as above, on production of a certificate by the authorised medical officer on this behalf, will be entitled to travelling allowance as admissible to him under the rules applicable to him.  
(i)   Honorary specialists attached to Government hospitals or recognised hospitals, may be considered as Government specialists for the purpose of this sub-para, subject to the condition that such consultation will be permissible only in places where Government specialists are not available and is only on the advice of the authorised medical officer with prior approval of the CMD.  The fees paid to Honorary consultants for consultation at their private consulting rooms will be reimbursed to the railway employees in accordance with the rates prescribed for Government specialists.  Consultation with honorary specialists at their consultation room will be permissible only in emergent cases.  
3. A. Treatment means
(a) Use of all medical and surgical facilities available at railway hospitals/health units or consultation room of the authorized medical officer. 
(b) The employment of such pathological, bacteriological, radiologic al and other investigations as are considered necessary by the authorised medical officer. 
(c)  Supply of such medicines, vaccines, sera, as are ordinarily stocked in the hospital. 
(d) The supply of such medicines, sera etc. not ordinarily stocked which the authorised medical officer may certify in writing to be essential for the recovery or for the prevention  of serious deterioration, in the condition of the patient. 
(e) Such  accommodation  as is ordinarily provided in the hospital, suited to the status of the railway employee concerned.   If accommodation suited to the status is not available, accommodation of a higher class may be allowed provided it can be certified by the medical officer incharge of the Government recognized hospital  that:-- 
(i)   that accommodation of the appropriate class was not available at the time of admission of the patient, or if subsequently available , the condition of the patient did not permit shifting; and   
(ii)  that the admission of the patient into the hospital could not be delayed due to the nature of illness until accommodation of the appropriate class became available. 
(f)   such nursing as is ordinarily provided to in-patients by the Hospital (engagement of special nurses will be allowed to the extent indicated  in sub-section 3 of Section 3 of this Chapter).
(g)    the specialist consultation as described above.
(h)  confinement in the case of a female  railway employee or a dependent female member of a railway employees family. 
(i)   pre-natal and post-natal treatment received before and after child birth for physiological or other disability attributable to child bearing or child birth.  
(j)   sterilization irrespective of the fact whether it is intended to serve as a measure of family limitation. 
----reimbursement of medical expenses for sterility per-se.
(Railway Boards letter No. 86/H/6-4/58 dated 21-12-88) 
----re-canalisation in case of loss of child. 
(k)  termination of pregnancy under the Medical Termination of Pregnancy Act 1971 and Medical Termination of Pregnancy Rules 1972. 
(l)    Anti-rabic treatment.  
(m) Shifting of the patient for treatment, or for examination from residence to a hospital, or from one hospital to another hospital, in an ambulance belonging to the Railway or Government or a local authority etc. 
Note: (1) If an ambulance cannot be pressed into service to attend on an exceptionally emergent cases, alternative arrangement of taxi or other  suitable and available transport vehicle should be made to ensure prompt transport.  The payments that may be involved in such case can be made out of contingencies. These powers may be delegated to ADMOs. However, where public transport facilities are hired, , these should be reviewed by the comptent higher authority .
(2)  In exceptional cases when the patients are not fit to resume duty but are discharged from Hospital as amputation, convalescent cases recommended sick leave, Fracture cases with application of plaster of paris etc.  with the specific approval in writing of the medical officer, in- charge of the hospital, the facility of transporting patients to their residence in an ambulance may also be allowed free of cost. 
(n)  Blood transfusion charges paid to a Government institution or any other local organisation recognised by the State Government for the supply of blood to patients in hospital. 
Note: (i) There is no objection to the purchase of blood plasma from a chemist or to obtain  blood from a private donor, provided the authorised medical officer certifies in writing that it was not available in Government /recognised institution and the price paid for the blood was reasonable.  In such cases reimbursement of the charges will be admissible. 
(o)    Free diet to the extent indicated in sub-section 2 of Section C of this chapter. 
B.  It does not include: 
(a)    Dental treatment or the supply of artificial denture except to the extent indicated in para 608 of this chapter. 
(b)    Massage treatment except that in the case of poliomyelitis, which may be allowed as part of the general treatment. 
(c)    Testing of eye-site for glasses except at Railway Hospital where facilities exist for the same. 

19/04/2014

NEW TRAVELING ALLOWANCE FROM 1.1. 2014

NEW TRAVELING ALLOWANCE FROM 1.1. 2014

Grade Pay
Full Rate
GP 10000 and above
Rs. 780
GP 7600 to 8900
Rs. 690
GP 5400 to 6600
Rs. 600
GP 4200 to 4800
Rs. 510
GP below 4200
Rs. 315

16/04/2014

10 financial investment products for pre-retirement and post retirement to help you plan your retirement



Retirement Planning in India is not an easy job at all. Rising inflation numbers, slowing economy growth, love for Gold and of course too many financial products do not make life easy for any individual planning for retirement. Mis-selling of financial products by banks and other financial institutions has only doubled the customer’s confusion. 
In this article, we will be talking about different retirement products available for investment in India. Retirement has two phases – Accumulation and Distribution. Accumulation phase is the period where you accumulate the amount required for your needs post retirement. Distribution phase is where the accumulated corpus is distributed well to suffice the post retirement needs. Let us look into financial products for investment pre-retirement and post retirement.

Pre-Retirement Investment Products

1) NPS: New Pension Scheme or NPS is a perfect retirement product open to all individuals across the country. NPS has delivered annualized returns of around 10% in the last 4 years. This scheme is mandatory for government employees. The fact that fund managers of NPS scheme can also take exposure to equity and equity related instruments is also a positive for the scheme in the long run.

NPS also provides tax benefit in the form of deduction under section 80C. Remember that it is mandatory to purchase annuity worth 40% of the corpus accumulated through NPS at the time of retirement. You can use these Pension Calculators from Govt. of India to calculate basic pension, family pension and pension commuted.

2) EPF: Employee’s Provident Fund or EPF is the most popular retirement saving instrument in India. Though it was introduced as a retirement product, not many see it so. The current rate of return from EPF is fixed at 8.5% p.a. EPF offers deduction up to 1 lakh limit under section 80C; interest from EPF is tax free and withdrawal is also tax free if there is continuous service of 5 years.

Unlike NPS, EPF does not have any restrictions such as purchasing annuity. However, it is advisable to stay invested in this scheme by opting for EPF transfer whenever there is change of job. This would ensure that you reap the benefits of guaranteed returns along with power of compounding.

3) Equities: No matter how many financial instruments you pick, none of them can match the returns provided by equity related instruments such as Stocks and Mutual Funds. While investing in these instruments, make sure that you pick products for the long term i.e at least 10 years or more and your emotions are under control in this period.

This doesn’t mean you have to stick to the product evening though it is not performing well. Review the products every year or switch to better products only is something has gone wrong fundamentally. Mutual funds also give you an option of monthly SIP, where you can invest in a disciplined manner for your retirement. Equity related products are also tax free after 1 year of investment.

4) ETF: Exchange traded funds, popularly known as ETF’s are also a good option for accumulating corpus for retirement. In India, ETF can be done through Index or Gold. Index ETF tracks the index and Gold ETF invests in Gold. You can purchase units of ETF by purchasing Gold units every month. You would thus benefit from cost averaging rather than investing in bulk and entail the risk of timing the markets.

5) Bonds: Bond is a type of loan taken from you by a company or government and giving you some interest for the loan. You would have seen a flurry of bonds these days such as IIFCL tax free bonds, HUDCO bonds, inflation bonds, etc. Many of these bonds are for 10 and 15 year durations. Some of these bonds offer interest rates in excess of 10-12% p.a. Do check the ratings of these bonds before investing in them.

Post-Retirement Investment Products

1) Monthly Income Schemes: Post retirement, you would require schemes which provide regular income for you. Such schemes are popularly known as Monthly Income Schemes (MIS). Various mutual funds provide these in the form of funds. Post office also provides MIS.

You usually invest a lump sum and the corpus is invested in various instruments to provide you monthly income. Post office offers interest rate of 8.4% p.a and the maturity period would be 5 years.

2) SCSS: Senior citizens saving scheme (SCSS) is just the kind of retirement product you would need post retirement. This is the safest investment option for senior citizens. You can gain an interest of 9.2% p.a with a maturity period of 5 years. The account can be opened in post office or any nationalized banks.

3) Reverse Mortgage: Reverse mortgage is a wonderful option given to senior citizens for a regular source of income. You can pledge your house with a bank to receive income from the bank regularly for a set period of time. The amount received will depend on the valuation of the house and the term opted. A recent ruling on this scheme has made the income received from house property under this scheme totally tax free.

4) Pension Plans: Pension plans are provided by insurance companies as well as mutual funds. They would invest a lump sum amount and provide you monthly income just as in the case of SCSS or MIS. Charges from insurance company provided pension or annuity plans are usually higher than mutual fund provided ones.

5) Liquid Funds and FD’s: The investment options given above do not give you proper liquidity. As senior citizens, you might need to put some amount aside as an emergency. To make sure that this amount also earns decent returns, you can opt for liquid funds or fixed deposits of varying tenures. Liquid funds are also tax efficient.

Conclusion

These are the retirement products available for investment in our country. Ideal time to start saving for retirement would be 1-2 years after you get your first job. If you have not started yet, it is time to start now.
Source - business-standard

Employees going for work abroad can fill PF data online

Organised sector employees going abroad for offshore work can now fill their PF details online for seeking the Certificate of Coverage — which attests that the person concerned is covered under social security schemes, and get it in three working days.

Applicants will be able to enter their data such as names, PF account numbers and the period for which Certificate of Coverage is required, according to a circular of Employees’ Provident Fund Organisation’s (EPFO).

The retirement fund body said the software has been upgraded for the purpose allowing applicants to fill data online. This is expected to eliminate mistakes.

The employees need to download their applications after filling it up online and get it countersigned by employers.

The employer would have to submit the document to the concerned Regional Provident Fund Commissioner, who will issue the CoC within three working days.

At present, organised sector workers covered under social security schemes run by EPFO are exempted from contribution towards such schemes in other countries with whom India has singed social security agreements. But for availing such benefit, they are required to produce CoC to the authorities of the visiting country.

At present, social security agreements with nine countries– Belgium, Germany, Switzerland, Denmark, Luxembourg, France, South Korea, Netherlands and Hungary-are in operation.
Source - gov employees .in

02/04/2014

FAQ on Children Education Allowance Scheme – Dopt Orders on 1.4.2014

The following FAQs supplement the FAQs in respect of Estt.(Allowances) Section already placed in public domain vide F. No.21011/08/2013-Estt.(AL)Establishment Allowances Section Children Education Allowance Scheme (CEA)

SI. No.

Frequently Asked Questions

Answer

1. Whether the examination fees as charged by the school is reimbursable? “Examination fee” has been included as part of reimbursable items as indicated in para 1(e) of O.M. dated 2nd September, 2008, subject to the fulfillment of other existing conditions vide) OM No.12011/01/2012-Estt.(AL) dated 31-07-2013. The said orders do not have a retrospective effect.

2. Whether reimbursement of amount of fee paid during 1at and 2nd quarter could be claimed in 3rd or 4th quarter, without the fee receipts of the 3rd and 4th quarter? No. As it is reimbursement for the whole year, original receipts for the fee paid for the 3rd / 4th quarter has to be submitted to ensure that the child has not dropped out of the school in the mid-session. O.M. No.12011/01/2013-Estt. Allowances dated 23.04.2013 refers.

3. Whether a Government servant is required to give a certificate that the spouse, if earning, has not claimed CEA? Yes. In terms of O.M. No.12011/01/2013-Estt.(Allowances) dated 23.04.2013, the claimant Government servant is required to furnish an undertaking that reimbursement of CEA has not been claimed in respect of the child by the spouse of the claimant.

Click to view the order...
Source-90paisa

Submission of quarterly returns in respect of the Recruitment Rules - Dopt orders

Attention is invited to Para No. 5.5 of this Department's O.M. No. AB.14017/48/2010-EstL(RR) dated 31st December, 2010 wherein it has been stipulated that Quarterly returns in respect of the recruitment rules for service should be sent in time to the Department of Personnel & Training and the Union Public Service Commission (for Group 'A' & 'B' posts) to enable them to keep a watch on the progress made in finalizing the recruitment rules. 

2. It is observed that Ministries/Departments are not sending quarterly returns to this department or UPSC. Therefore, UPSC has requested this Department to collect the information from the Ministries/Departments about the posts which are required to be filled up in consultation with the Commission, but are being filled in a different manner. 

3. Ministries/Departments are, therefore, requested to send the status of Recruitment Rules for all Group 'A' and 'B' posts to DoP&T and UPSC as on 31.12.2013 by 30.4.2014 and on quarterly basis. It is also requested to send the details of the posts that are required to be filled in consultation with UPSC but are being filled in different manner so that the information can be submitted to the Commission. The quarterly report mays be submitted in the enclosed proforma. 

Proposed Direct Taxes Code 2013

The Finance Minister, in his speech on Interim Budget 2014-15, made the following observation on Direct Taxes Code (DTC):- 

"Revenues are of paramount importance. The best source of revenue is taxes and for that we need modern tax laws. I am disappointed that we have not yet been able to introduce GST. I leave it to you to answer the question, who blocked the GST when an agreement on the game-changing tax reform was around the corner? We have also got ready a Direct Taxes Code that will serve us for at least the next twenty years. I intend to place it on the website for a public discussion without partisanship or acrimony. I appeal to all political parties to resolve to pass the GST laws and the DTC in 2014-15." 

Accordingly, the DTC, 2013 along with DTC Bill, 2010 is placed on http://incometaxindia.gov.in. A write-up on the significant changes in the proposed DTC, 2013 is also placed on the website. The report of the Standing Committee on Finance is available at the http://loksabha.nic.in. Comments, if any, on proposed DTC, 2013 may be sent on email ID: dtc13-dor@nic.in.
Source - 90 paisa

Central Civil Service (Joining Time) Amendment Rules, 1989

New Delhi, the 10th March, 1989 

G.S.R. 197. — In exercise of the powers conferred by the proviso to article 309 read with clause (5) of article 148 of the constitution and after consultation with the Comptroller and Auditor General of India in relation to persons serving in the Indian Audit and Accounts Department, the President hereby makes the following rules further to amend the Central Civil Services (Joining Time) Rules, 1979, namely :- 


1. (1) These rules may be called the Central Civil Service (Joining Time) Amendment Rules, 1989. 

(2) They shall come into force on the date of their publication in the Official Gazette

2. In the Central Civil Services (Joining Time) Rules, 1979 for sub-rule (1) of rule the following sub-rule shall be substituted, namely :- 

(1) When a Government servant joins a new post at a new post without availing full joining time by reasons that:- 

(a) he is ordered to join the new post at a new place of posting without availing of full joining time to which he is entitled ; or 

(b) he proceeds alone to the new place of posting and joins the post without availing full joining time and takes his family later within the permissible period of time for claiming travelling allowance for the family :- 

The number of days of joining time admissible under sub-rule (4) of rule 5 of the Central Civil Services (Joining Time) Rules, 1979, subject to a maximum of 15 days reduced by the number of days of joining time actually availed of shall be credited to his leave account as earned leave; 

Provided that the earned leave at his credit together with the unavailed joining time allowed to be so credited shall not exceed 240 days. 

[No. 19011/12/86-Estt. (Allow)] 

Source: www.persmin.gov.in

Upgradation Pay Scale to Railway Accounts Staff w.e.f, 1/1/1 996 on actual basis – NFIR

GOVERNMENT OF INDIA 
MINISTRY OF RAILWAYS 
(RAILWAY BOARD)

No PC.V/2003/CC/25

New Delhi, dated 19.03.2014

The General Secretary 
NFIR 
3, Chelmsford Road, 
New Delhi-110065

Sir,
Sub :- Allotment of improved Pay Scale to Railway Accounts Staff w.e.f, 1/1/1 996 on actual basis.

The undersigned is directed to refer to NFIR’S letters No.NFIR/VI/CPC/Main/10/Pt. IX dt. 28.02.13, NFIR/Vl/CPC/Main/10/PI IX dt 9.5.13, NFlR/Vl/CPC/Main/10/Pt.9 dt 13.8.13 and NFIR/VII/Cpc/Main/10 Pt.9 dt 5.11.13 on the above subject and to state that in context of another case involving identical issue the matter was under consideration in consultation with Central Agency Section/Department of Law and Justice, and based on opinion of Ld. Additional Solicitor General of India an SLP has been filed in that matter before the Hon’ble Supreme Court. The said SLP is pending before Hon’ble Supreme Court. As such the matter at present is sub-judice.


Yours faithfully 
sd/- 
For Secretary/Railway Board

Source : NFIR

Grant of MACP benefit to the eligible employees in the hierarchy of promotional grade: Compliance of CAT Principal Bench Directive on 12.03.2014 in OA No. 864/2014 - BPMS

BHARATIYA PRATIRAKSHA MAZDOOR SANGH
(AN ALL INDIA FEDERATION OF DEFENCE WORKERS) 
(AN INDUSTRIAL UNIT OF B.M.S.) 
(RECOGNISED BY MINISTRY OF DEFENCE, GOVT. OF INDIA) 

CENTRAL OFFICE: 2-A, NAVEEN MARKET, KANPUR – 208001, PH & FAX : (0512) 2332222 
MOBILE: 09415733686, 09235729390, 09335621629, WEB : www.bpms.org.in 

REF: BPMS / MACPS / 64 (7/3/M) 
Dated: 31.03.2014 
To, 
The Secretary, 
Govt of India, Min of Defence, 
South Block, DHQ PO, 
New Delhi - 110011 

Subject: Grant of MACP benefit to the eligible employees in the hierarchy of promotional grade: Compliance of CAT Principal Bench Directive on 12.03.2014 in OA No. 864/2014. 

Respected Sir, 
With due regards, I would like to draw your kind attention on the subject wherein the issue of grant of MACP benefit in the hierarchy of promotional grade instead of hierarchy of grade pay is being demanded & discussed by this Federation at every forum.  


 It has now been brought to our notice that an affected employee had challenged the Government’s decision on grant of MACP benefit in the hierarchy of promotional grade vide his O.A. No. 1038/CH/2010 in CAT Chandigarh and that the Hon’ble CAT Chandigarh vide its order dated 31.05.2011 granted the prayer of the petitioner and directed the authorities to grant MACP benefit in the hierarchy of promotional grade. Thereafter, the Union of India represented by the Secretary, DoP&T appealed to the Hon’ble High Court of Punjab and Haryana vide CWP No. 19387 of 2011. This appeal of the DoP&T was subsequently dismissed vide order dated 19.10.2011. The Government thereafter approached the Hon’ble Supreme Court vide SLP No. 7467/2013, the Hon’ble Supreme Court dismissed the said SLP. 

Recently, CAT Principal Bench has issued direction on 12.03.2014 in OA No. 864/2014 that once an order has been passed by this tribunal and it has also been upheld at the level of the Supreme Court, there is no question of waiting for an approval from any Govt. department for implementation of the same. 

In view of the above, the issue now stands settled that eligible employee needs to be given MACP benefits in the promotional hierarchy only. 

As such, you are requested to kindly issue necessary directives to all units under your jurisdiction to implement the same immediately. 

Thanking you. 

Sincerely yours 
(MUKESH SINGH) 
Secretary 


Source : BPMS

Empanelment of public spirited senior level retired Civil / Defence Service Officers as National Level Monitors(NLMs) for monitoring implementation of rural development programmes

F.No. Q-11018/27/2012-NLM
Government of India
Ministry of Rural Development
Department of Rural Development
(NLM Section)

Room No 701, Block No 11,
C.G.O. Complex, New Delhi-110003,
Dated the 29th January 2014
Office Memorandum

Subject : Empanelment of public spirited senior level retired Civil / Defence Service Officers as National Level Monitors(NLMs) for monitoring implementation of rural development programmes.

The undersigned is directed to refer to Ministry of Personnel, Public Grievances & Pensions, Department of Pension & Pensioners’ Welfare D.O. letter No.4/36/2013-P&PW(D) dated the 23rd December, 2013 and to say that the Ministry of Rural Development has evolved a comprehensive system of independent third party monitoring of implementation of its rural development programmes across the country by deputing Individual and Institutional National Level Monitors(NLMs) who are public spirited senior level retired Civil/Defence Service Officers and Academia, for ensuring accountability and transparency in the execution of various programmes of this Ministry. The experience/exposure to rural development and rural development related programmes is required for empanelment as Individual NLM. The empanelment of NLMs are done against open advertisement issued in the leading Newspapers and on the website of the Ministry inviting applications from eligible and willing Individuals and Institutions for empanelment as NLMs. As per the scheme, following categories/level of retired officers having working knowledge on computer use, upto the age of 65 years as on specified date of publication of advertisement, are eligible for empanelment as Individual NLM:


a) ex-service officer from the Armed Forces of the rank of Lt. Colonel and above,
b) retired officers of Para Military Forces having equivalent rank to Lt. Colonel or above in the Armed Forces,
C) retired Central/State Government Officers including IT professionals and Management Experts of the level of Deputy Secretary and above to the GOl,
d) retired Engineers of the rank of Superintendent Engineer and above in Central/State Government,
e) retired officers of the rank of Deputy Secretary in the offices of AGs and the Comptroller and Auditor General of India.
f) retired police officers of the rank of Superintendent of Police and above.
g) retired professors of any recognized University/Research Institutionsl Scientific organization, and
h) retired PSU/PSB officers of the rank of Deputy General Manager and above
2. This Ministry pays TA/DA and other monitoring charges to the NLMs as per terms and conditions of their services, The reports submitted by the NLMs are sent to the Programme Divisions of this Ministry for taking follow-up action on all the NLM reports. The reports of NLMs are also shared with the District Collector and the Chairman of the Vigilance and Monitoring Committee of the district for corrective measures.
Source-90paisa

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