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Tuesday, June 09, 2015

NAC Meeting today : Upgradation of Pay for LDC and UDC will be discussed

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Upgradation of Pay Band and Grade Pay of LDC and UDC will be discussed in National Anomaly Committee Meeting.

NAC Meeting today : Upgradation of Pay for LDC and UDC will be discussed

The Secretary, NCJCM Staff Side has already informed that a meeting NAC will be held after the final Meeting of NCJCM with 7th Pay Commission. Accordingly the DOPT is holding the National Anomaly Committee Meeting today at 3.00 PM at New Delhi. The office Memorandum issued to all Staff Side Members 0f The National Anomaly Committee stated that.

Income Tax for Premature Provident Fund withdrawal of more than Rs.30,000

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Income Tax for Premature Provident Fund withdrawal of more than Rs.30,000

The Government has announced that income tax will be imposed if, at the time of premature withdrawal, the Provident Fund amount is in excess of Rs.30,000.

Finance Minister brought a new provision in his budget that allows for TDS on Provident Fund withdrawal before five years of continuous service. When calculating the period of continuous service of five years, the previous employment can also be included. The intention of this at promoting long-term savings. The amendment will come into force from June 2015.

Clarification on Children Education Allowance as FAQ issued by Railway Board on 1.6.2015

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Clarification on Children Education Allowance as FAQ issued by Railway Board on 1.6.2015

A table of ‘Frequently Asked Questions’ issued by Railway Board regarding Children Education Allowance. The order repeatedly indicates the same line of sentence for the question of ‘Third Child’ as ‘Reimbursement is permissible only the two eldest surviving children..’

And also clarified for the questions of Number of Note books and Recognition of Educational Institution in form of FAQ. Reproudction of the order and given below for your ready reference…



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