Friday, 31 March 2017

Minister’s Reply to Rajya Sabha regarding Restoration of Old Pension System in place of Contributory Pension System

Minister’s Reply to Rajya Sabha regarding Restoration of Old Pension System in place of Contributory Pension System Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance, reply to Rajya Sabha regarding Restoration of Old Pension System in place of Contributory Pension System GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES RAJYA SABHA UN STARRED QUESTION NO. 2130 TO BE ANSWERED ON MARCH 21, 2017/PHALGUNA 30, 1938 (SAKA) RESTORATION OF OLD PENSION SYSTEM IN PLACE OF CONTRIBUTORY PENSION SYSTEM 2130....
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7th Pay Commission Allowances and Anomaly Committee reports – Minister replies that Allowances Committee is finalising its report

7th Pay Commission Allowances and Anomaly Committee reports – Minister replies that Allowances Committee is finalising its report Rajya Sabha press release on Ministers reply regarding finalising the 7th CPC Allowances Committee report. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA STARRED QUESTION No. 2986 TO BE ANSWERED ON TUESDAY, THE 28th MARCH, 2017 CHAITRA 7, 1939 (SAKA) ALLOWANCE OF GOVERNMENT EMPLOYEES 2986. SHRI A. VIJAYAKUMAR SHRI RAM KUMAR KASHYAP: Will the Minister of Finance be pleased to...
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Gramin Dak Sevak(GDS) Some Facts & Figures Indian Postal Service

Gramin Dak Sevak(GDS) Some Facts & Figures Indian Postal Service This video presents 13 facts about Gramin dak sevak, their roles, their occurrences and their efforts. GDS, BPM - the Office of Branch Post Office Under the Sub Office/Head Office in India Post ...
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Not Perform Any activities in Finacle on 01.04.2017 without Specific Order

Not Perform Any activities in Finacle on 01.04.2017 without Specific Order Dear SPOC Trail mail forwarded for information please. Please advice SOLs not to perform any activities in Finacle even non financial transactions on 1.4.2017 without any specific orders from this office  Thanks & Regards Circle Processing Centre (CBS) Tamilnadu Circle Contact No. 044 - 28295964 / 65 ...
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Important- Annual interest Run-Request to instruct SOLs to verify all unverified transactions

Important- Annual interest Run-Request to instruct SOLs to verify all unverified transactions You are all aware that we are nearing the end of the financial year 2016-2017 & annual interest calculation and posting are due for Savings Accounts- SB, SSA, PPF, NSS 87 & NSS 92 .It is requested to kindly cause to instruct all CBS Offices to verify all the accounts which have been modified but verification is pending since interest posting for such accounts will fail resulting in complaints and tickets being raised for non-posting of interest.Unverified...
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SB Order 02/2017 : Revision of Interest rates for Small Savaings Schemes - Department of Posts

SB Order 02/2017 : Revision of Interest rates for Small Savaings Schemes - Department of Posts Download ...
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CBDT notifies new IT Return Forms for AY 2017-18

CBDT notifies new IT Return Forms for AY 2017-18 CBDT notifies new Income Tax Return Forms for AY 2017-18: Introduces one page simplified ITR Form-1(Sahaj)  The Central Board of Direct Taxes has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2017-18. One of the major reforms made in the notified ITR Forms is the designing of a one page simplified ITR Form-1(Sahaj).  This ITR Form-1(Sahaj) can be filed by an individual having income upto Rs.50 lakh and who is receiving income from salary  one house property...
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7th CPC Fixation of Pay in case of employees who seek transfer to a lower post under FR 15(a): Clarification by DoPT OM dated 31.03.2017

7th CPC Fixation of Pay in case of employees who seek transfer to a lower post under FR 15(a): Clarification by DoPT OM dated 31.03.2017 7th CPC Fixation of Pay in case of employees who seek transfer to a lower post under FR 15(a): Clarification by DoPT OM dated 31.03.2017 No.12/1/2016-Estt(Pay-I) Government of India Ministry of Personnel, Public Grievances and Pensions Department of Personnel and Training North Block, New Delhi Dated the 31st March, 2017 OFFICE MEMORANDUM Subject : Fixation of pay in case of employees who...
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Filing of assets details by Government officials

Filing of assets details by Government officials The Section 44 of the Lokpal and Lokayuktas Act, 2013 requiring declaration of assets and liabilities in respect of public servants, their spouses and dependent children has been amended by the Lokpal and Lokayuktas (Amendment) Act, 2016 on 29.07.2016. The Amended Act shall be deemed to have come into force on 16.01.2014. The amended Section 44 reads as: “44. On and from the date of commencement of this Act, every public servant shall make a declaration of his assets and liabilities in such...
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Expected DA July 2017 - AICPIN for February 2017

Expected DA July 2017 - AICPIN for February 2017 All India Consumer Price Index for Industrial Workers (BY 2001=100) for the month of February 2017 released by the Labour Bureau today. The All-India CPI-IW for January 2017 remained stationary at 274 (Two hundred and Seventy four). The Labour Bureau today published the magix number of AICPIN for the calculation purpose of Dearness Allowance and Dearness Relief for the existing and retired employees...
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7th Pay Commission report on revised allowances:

7th Pay Commission report on revised allowances: Announcement likely after April 12 Revised allowances including house rent allowance (HRA) will likely be announced for the central government staff after the ongoing Budget session of Parliament is over on April 12. The additional allocation required from the general Budget could be around R15,000 crore in 2017-18. Revised allowances including house rent allowance (HRA) will likely be announced for the central government staff after the ongoing Budget session of Parliament is over on...
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Seventh CPC Lok Sabha Q & A

Seventh CPC Lok Sabha Q & A Government Of IndiaMinistry Of FinanceDepartment Of Expenditure LOK SABHA UNSTRARRED QUESTION NO.4881 TO BE ANSWERED ON FRIDAY, THE 31ST MARCH, 2017CHAITRA 10, 1039 (SAKA) SEVENTH CPC QUESTION 4881. DR.P.VENUGOPAL: Will the Minister Of Finance be pleased to state: (a) Whether the Government has accepted the Seventh Central Pay Commission (CPC) panel clause on increment cut and if so, the details thereof; and (b) whether there is no clarity on the parameters which would form the basis of monitoring...
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NCJCM Staff Side – Brief of the meeting held with the Cabinet Secretary

NCJCM Staff Side – Brief of the meeting held with the Cabinet Secretary No.NC/JCM/2017 Dated: March 30, 2017 All Constituents of the NC/JCM(Staff Side) Dear Comrades! Sub: Brief of the meeting held with the Cabinet Secretary I met the Cabinet Secretary on 28th March, 2017 and shown anguish about the inordinate delay in resolution of long pending demands of the Central Government Employees, and subsequently handed him over a letter on...
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Government seeks Powers to levy GST on all Rental Income

Government seeks Powers to levy GST on all Rental Income GST rate on housing is expected to be pegged at 18% with a final decision expected to be announced over next few weeks. The government is arming itself with powers to levy goods and services tax (GST) on all rental income but is unlikely to impose the tax on individuals renting out homes. Currently, service tax is levied on rental income from commercial property, but not levied on residential...
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Filing Income Tax Returns to be less Painful as Government simplifies ITR Forms

Filing Income Tax Returns to be less Painful as Government simplifies ITR Forms A crisp income tax form for salaried individuals will be introduced from April 1, doing away with some columns to simplify the filing of returns. Individuals with salary and interest income will have to fill fewer columns as some of these for claiming income deductions have been clubbed in ITR1 form called ‘Sahaj’. In the form for Assessment Year 2017-18, deductions...
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Government may merge two Large Banks, says Vinod Rai

Government may merge two Large Banks, says Vinod Rai Banks Board Bureau chairman Vinod Rai said that the government is keen on bank consolidation, but not before building strong balance sheet by addressing the bad debt problem, and in that case merger may happen first between two large banks. Vinod Rai was speaking at the Credit Suisse annual investors conference, of which the foreign brokerage made a note to clients. “The government is waiting for the resolution of the NPL (non-performing loans) issue and wants improvement in balance sheet...
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