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Monday, January 18, 2016

Pay Matrix Recommended by 7th CPC is not final and subject to change – Federation Sources

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Pay Matrix Recommended by 7th CPC is not final and subject to change – Federation Sources

The Constituent Unions of NCJCM has called for three days’ agitation Programme from 19-1-2016 to 21-1-2016 to draw the attention of central government to settle the Modified charter of demands.

Recently they demanded the government to constitute an empowered Committee to settle their demands through negotiation. However, the Cabinet gave its approval for constitution of an Empowered Committee to study the 7th Pay Commission report for implementation Process.

We asked some Trade Union Leaders about their expectation from the Government in respect of 7th Pay Commission report. They told that so far they didn’t have any formal meeting over Pay commission report with Government after the report submitted by commission. When asked about their opinion about the Format of Pay Matrix recommended by 7th Pay Commission, they said ” We don’t think that the Pay Matrix recommended by 7th CPC is Final, we won’t accept the Fitment factor recommended by the Commission”

They said, “Of course there will be some anomaly would arise when it is in the process of implementation in respect of Pay Matrix . That cannot be anticipated now. As of now Anomalies in bunching and Promotion benefits are expected. But we think this Pay scale recommended in 7th pay commission report is not FINAL and subject to change. Because it needs concurrence from both the end.”

They added further ” The central government may accept this recommendation without any modification. Because the central government itself told after giving four-month extension to the Pay Commission that the Seventh Pay Commission would be mindful of the fiscal concerns. It indicates the Central Government intention. But the Central Government Employees’ Unions and Association are very much disappointed with this recommendation and we sought modifications in many recommendations. Our Federations declared it as retrograde recommendation. Hence it will not be easy for the central government to implement the report without doing any change in the recommendations”.

So the Unions Federations are not getting too much involved in 7th CPC Pay Scales. Because they are firm in their decision that percentage of increase recommended in minimum pay is far below the required level prescribed by Dr. Akhroid formula and 15th ILC norms for determining Minimum Pay and it need to be increased. However, NFIR has tried to establish that the take home pay is very much less when compared to previous pay commissions. If the Central Government accept to increase the Minimum Pay, then that would be the criteria for arriving subsequent pay scales. Hence expecting changes in Pay Matrix is inevitable.


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Constitution of an Empowered Committee of Secretaries to process the recommendations of the 7th Central Pay Commission






Income Tax Calculation for Interest on Housing Loan and Deduction u/s 80C with illustration

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Income Tax Calculation for Interest on Housing Loan and Deduction u/s 80C with illustration

One Computation of Taxable Salary and allowances, Deduction for Interest on Housing Loan and Deduction u/s 80C.

Mr. X, a Central Govt. Officers in Delhi, is receiving Basic Pay Rs.23,720, grade Pay Rs.7,600, DA at prescribed rates, transport allowances @ Rs.3200+DA thereon, and HRA 30% of basic pay + grade pay (though living in his own house). His date of increment is Ist July. The following are other particulars of his income. Compute his taxable income and tax payable, for A.Y.2015-16.


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Rates of Income Tax as per Finance Act, 2015 – Financial Year 2015-16(AY 2016/17)

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Rates of Income Tax as per Finance Act, 2015 – Financial Year 2015-16(AY 2016/17)

RATES OF INCOME-TAX AS PER FINANCE ACT, 2015: As per the Finance Act, 2015, income-tax is required to be deducted under Section 192 of the Act from income chargeable under the head “Salaries” for the financial year 2015-16 (i.e. Assessment Year 2016-17) at the following rates:

Rates of tax : A. Normal Rates of tax:

Rates of tax for every individual, resident in India, who is of the age of sixty years or more but less than eighty years at any time during the financial year:

In case of every individual being a resident in India, who is of the age of eighty years or more at any time during the financial year:



Education Cess on Income tax:

The amount of income-tax including the surcharge if any, shall be increased by Education Cess on Income Tax at the rate of two percent of the income-tax.

Secondary and Higher Education Cess on Income-tax:

An additional education cess is chargeable at the rate of one percent of income-tax including the surcharge if any, but not including the Education Cess on income tax.

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Revision of pension in respect of Pre-2006 Commissioned Officer, JCOs/ORs and Family pensioners

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Revision of pension in respect of Pre-2006 Commissioned Officer, JCOs/ORs and Family pensioners

OFFICE OF THE PR. CONTROLLER OF DEFENCE ACCOUNTS (PENSIONS)
DRAUPADI GHAT, ALLAHABAD- 211014

Circular No. 554
Dated: 14.01.2016

Subject:- Revision of pension in respect of Pre-2006 Commissioned Officer, JCOs/ORs and Family pensioners.

Reference:-This office Circular No. 547, 548 dated 11.09.2015, Circular No. 549 dated 30.09.2015 and Circular No. 551 dated 28.12.2015.

Pension Disbursing Agencies are required to revise the pension of Commissioned Officer, JCOs/ORs pensioners and Family pensioners in terms of above cited Circulars. A doubt has been raised as to whether, while revising Disability Pension and War Injury Pension, Service Element is also required to be revised. In this connection, the following clarifications are issued.

(i) Service Element of Disability Pension shall also be revised in terms of this office Circular No. 547 dated 11.9.2015 where JCOs/ORs have rendered 15 year or more qualifying service.

(ii) In cases, where JCOs/ORs have rendered less than 15 years qualifying service, such cases shall be referred to concerned Pension Sanctioning Authorities for revision of Service Element of Disability Pension on Annexure which has already been circulated vide this office Circular No. 551 dated 28.12.2015 for issue of corrigendum
PPOs.

(iii) Revision of Service Element of War Injury Pension in respect of JCOs/ORs, irrespective of qualifying service rendered, shall be referred to concerned Pension Sanctioning Authorities in the revised Annexure attached alongwith this circular.

(iv) Similarly, Service Element of Disability Pension in respect of such Commissioned Officer pensioners who have rendered 20 years or more service shall be revised in terms of this office Circular No. 548 dated 11.9.2015.

(v) In cases, where Commissioned Officer pensioners have rendered less than 20 years, such cases shall be referred to the concerned Pension Sanctioning Authorities for revision of Service Element of Disability Pension in the enclosed Annexure for issue of corrigendum PPOs.

(vi) Revision of Service Element of War Injury Pension in respect of Commissioned Officer pensioners irrespective of qualifying service rendered, shall be referred to concerned Pension Sanctioning Authorities in the enclosed Annexure for issue of corrigendum PPOs.

2. If a pensioner to whom the benefits accrue while revising the pension under above cited Circular Nos. 547 and 548 dated 11.9.2015 has died/dies before receiving the payment of arrears, the Life Time Arrears(LTA) on account of revision of pension, shall be paid in existing manner as already circulated to all Pension Disbursing Agencies in past i.e.

(a) If the claimant is already in receipt of Family Pension or happens to be person in whose favour Family Pension already stands notified and the awardee has not become ineligible for any reason, the LTA under the provisions of this order shall be paid to such claimant by the Pension Disbursing Agencies on their own.

(b) If the claimant has already received LTA in the past in respect of the deceased to whom the benefit would have accrued, the LTA under the provisions of this order shall also be paid to the claimant by the Pension Disbursing Agencies on their own.

(c) If the claimant is a person other than the one mentioned at (a) & (b) above, payment of LTA shall be made to the legal heir/heirs as per the extant Government orders.

3. In view of the above, all Pension Disbursing Agencies are requested that all affected cases of Service Element of Disability Pension and War Injury Element may be dealt with accordingly.

4. All other terms and conditions shall remain unchanged.

5. This circular has been uploaded on this office website www.pcdagension.nic.in for dissemination to the all concerned.

6. Cases to be referred to the concerned PSAs may be forwarded as under :-


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Implementation of digital signed pension revision authorities in all banks.

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Implementation of digital signed pension revision authorities in all banks.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF EXPENDITURE
CENTRAL PENSION ACCOUNTING OFFICE
TRIKOOT-II, BHIKAJI CAMA PLACE,
NEW DELHI-110066
PHONES : 26174596, 26174456, 26174438

CPAO/Tech/e-PPO/2015-16/719
Dated 11/01/2016
Office Memorandum

Subject: Implementation of digital signed pension revision authorities in all banks.

After the implementation of paperless movement of digitally signed e-Revision authorities with four banks i.e. SBI, Chandani Chowk, Punjab National Bank, Bank of Baroda and Canara Bank, paper authorities for these four banks have been dispensed with. In the meeting held with eight major banks on 05.11.2015, it was decided to roll out e-revision authorities for all remaining banks w.e.f. 01.01.2016 alongwith parallel run of physical authorities for one month.

In this context all remaining banks were earlier already advised to complete their preparatory work and other formalities by the end of July, 2015 vide this office OM No.CPAO/Tech/e-PP0/2015-16/440-511 dated 03.07.2015. It is expected that all the banks are ready to accept the digitally signed e-authorities received from CPAO.

In respect of the 14 CPPCs of SBI pilot run has been over and physical movement of papers have been stopped w.e.f. 01.01.2016.

For remaining 25 banks the trial run will be effective from 01.02.2016 to 15.02.2016. during this period physical authorities will also be sent to the CPPCs parallel with electronically authorities. With effect from 16.02.2016 sending of physical authorities to CPPCs to remaining banks will also be stopped.

All Heads of Government Account Departments and CPPCs of the all the authorised banks are requested to ensure the implementation of e-Revision authorities as per schedule indicated above. All the Heads of CPPCs are requested to alert their Technical teams for making necessary provisions in their software, if not already done.

sd/-
(Vijay Singh)
Sr. Accounts Officer (IT & Tech)

Authority: http://cpao.nic.in/

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Issue of IT Refunds of Smaller Amounts

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Issue of IT Refunds of Smaller Amounts

In an initiative to reduce taxpayer grievances and enhance the taxpayer satisfaction, the Central Board of Direct Taxes had issued instructions to Central Processing Center (CPC), Bengaluru and the field officers in December, 2015 to issue refunds of amounts less than Rs.50,000/- expeditiously.

As a result of the special drive to issue smaller refunds, 18,28,627 refunds below Rs.50,000/- involving a sum of Rs.1,793 crore have been issued between 1st December, 2015 and 10th January, 2016. These refunds relate to Assessment years 2013-14 to 2015-16.

In order to further expedite the process of issue of small refunds, CBDT has also directed CPC-Bengaluru and the field units that refunds up to Rs.5,000/-, and refunds in cases where outstanding arrears are up to Rs.5,000/- may be issued without any adjustment of outstanding arrears. Office Memorandum F. No. 312/109/2015-OT dated 14th January 2016, conveying these directions of CBDT is available on the website of the Department www.incometaxindia.gov.in.

Source: PIB News

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Expected DA Calculation will play vital role in determining Fitment Factor of 7th CPC

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Expected DA Calculation will play vital role in determining Fitment Factor of 7th CPC

Expected DA from January 2016 likely to change the Fitment Factor of 7th CPC

At the end of the Sixth CPC Regime all the Central Government servants are at the verge of receiving their last installment of Dearness Allowance in Sixth Pay Commission. Almost the DA from January 2016 will be finalized after the release of AICPIN for the month of December 2015. The eleven months AICPIN Points released from January 2015 to November 2015 by Labour Bureau suggests that there is a possibility to get 6 to 7 percent hike in DA from January 2016. But the AICPIN for the Month of December will determine the exact rate of hike in Dearness Allowance from Jan 2016.

The rate of DA, as expected by 7th Pay commission, if arrived at 125 % with 6% hike there will be no change in Fitment factor. Because the Fitment Factor 2.57 is arrived by adding the 125% DA, at the rate anticipated on 1.1.2016. If AICPIN for December 2015 necessitates changing the expected DA from 125% to the level of 126 % with hike of 7%, then there will be certainly an impact in the Fitment Factor of 7th CPC. In that case, there will be change in decimals of fitment factor

So, Expected DA from January 2016 will play vital role in determining Fitment Factor if it increases from expected level of 125% to 126%.

What will be the fitment factor if DA reaches at 126% from January 2016.

When it was anticipated that the DA will be 125 % from January 2016, The 7th Pay Commission stated in the Report that

“This fitment factor of 2.57 is being proposed to be applied uniformly for all employees. It includes a factor of 2.25 on account of DA neutralization, assuming that the rate of Dearness Allowance would be 125 percent at the time of implementation of the new pay. Accordingly, the actual raise/fitment being recommended is 14.29 percent”

If 126% of DA has to be taken into account for arriving Fitment factor with the recommended 14.29 % increase..

The Revised Fitment Factor will be as follows

The fitment factor after DA neutralization = 2.26

Increase of 14.29% over 2.26 = 0.32

Total (2.26+0.32) = 2.58

Read more at : http://govtstaffnews.in/

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Raising of Bonus Payment Ceiling to the Central Government Employees

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Raising of Bonus Payment Ceiling to the Central Government Employees

Ph.: 23382286
National Council (Staff Side)
Joint Consultative Machinery
For Central Government Employees
13-C, Ferozshah Road New Delhi – 110001
E Mail : nc.jcm.np@gmail.com
Shiva Gopal Mishra
Secretary

No. NC-JCM-2015/S.C
January 11,2015
The Secretary
Government of India
Department of Expenditure
North Block, New Delhi- 110 001

Subject: – Raising of Bonus Payment Ceiling to the Central Government Employees.
Reference: – The payment of Bonus (Amendment) Bill 2015.

Sir,
The Payment of Bonus (Amendment) Bill 2015 was passed by both the houses of the Parliament. The amendment provides that the existing Ceiling limit of Bonus for 30 days Rs. 3,500/- is enhanced to Rs. 7,000/- for 30 days. This amendment will take effect from 01.04.2014 (A copy of the Bill passed in the Parliament is enclosed for your kind ready reference).

You are aware that any change in Bonus Act would be an indicator while deciding the Payment of Bonus to the Central Government Employees. Accordingly, every time when Bonus Act is amended raising the payment ceiling limit, it is extended to Central Government Employees also. This issue was also raised by the Staff Side in the Standing Committee Meeting of National Council (JCM) held on 09th October, 2015.

It is therefore requested that steps may be taken for issuing Government Orders for enhancing the Bonus Payment Ceiling limit of Central Government Employees both PLB and Adhoc Bonus to Rs. 7,000/- w.e.f 01.04.2014 and arrears of PLB and Adhoc Bonus for the year 2014-2015 may be paid to the employees.

An earlier and favorable action is solicited.

Thanking you,
Yours Sincerely,
Sd/-
(Shiva Gopal Mishra)
Secretary

Source : http://confederationhq.blogspot.in/

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NFIR writes to JCM Secretary regarding the discussion points in the meeting with DPPW

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NFIR writes to JCM Secretary regarding the discussion points in the meeting with DPPW

Issuance of revised PPO,  Settlement file to the Pensioners at the time of retirement, Pension Adalats

Issues to be considered for discussion in the meeting to be held with Department of Pension & Pensioners Welfare.

NFIR
National Federation of Indian Railwaymen

No. IV/NC/JCM/COR (PENSION)
Dated: 12/01/2016
The Secretary
JCM (Staff Side)
13-C, Ferozshah Road,
New Delhi

Dear Brother,

The following issues be considered for discussion in the meeting to be held with the Department of Pension & Pensioners Welfare:-

(i) Issuance of revised PPOs:-

Representations are received that the revised PPOs have not been issued to the Pensioners in Railways and other departments. It would therefore be necessary to obtain status report from each ministry and fix target date for completion of the issuance of revised PPOs to all pensioners.

(ii) Supply of complete copy of settlement file to the Pensioners at the time of retirement
– Instructions to Ministries may be issued.

(iii) Pension Adalats are not conducted regularly as per laid down policy. Action needs to be taken to see that pension Adalats are held regularly.

Yours fraternally,
sd/-
(Dr.M. Raghavaiah)
General Secretary

Source: NFIR

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Introduction of Executive Assistant Scheme in the Central Secretariat

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Dopt published the proposed ‘Executive Assistant Scheme’ in Central Secretariat on 13.1.2016 and expect comments from stakeholders. 

Introduction of Executive Assistant Scheme in the Central Secretariat regarding

G.I., Dept. of Per. & Trg., O.M.No.7/1/2010-CS.I(P), 13.1.2016

Introduction of Executive Assistant Scheme in the Central Secretariat regarding

A proposal is under consideration of this Department for introduction of Executive Assistant Scheme in the Central Secretariat. The propsed Scheme is attached.

2. The stakeholders concerned viz. Ministries/Departments and Officers of CSS/CSSS/CSCS may furnish their comments, if any, on the porposed scheme within a period of one month of issue of this O.M.


Authority: www.persmin.gov.in

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