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Sunday, February 05, 2017

Budget 2017 and Central Government employees demands

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Budget 2017 and Central Government employees demands
Comrades ,
The budget for the year 2017-18 was presented by the Shri Arun Jaitleyji Hon’ble Minister of Finance on 1st Feb 2017 , the Central Government employees had lot of hopes of this budget especially on increasing the tax slabs and tax rates reduction , also on allowances and increasing our wages i.e. revision of the fitment formula . One more important issue of filling up of vacant post in the Central Government.

Shri Arun Jaitleyji Hon’ble Minister of Finance had not uttered a single word about Central Government employees in his budget speech of nearly two hours, even though the Central Government employees work with dedication and implement the programmes and policy of the Central Government either way of revenue collection, transportation, public service , working for the welfare of the people of the country etc . This has caused dissatisfaction amongst Central Government employees as many of the demands of the Central Government employees are not considered. The tax proposals provided only a small relief to the Central Government Employees, actually a big relief should have been provided. The Central Government employees are disappointed of the outcome of the budget.

Now let us focus main issues of the CG employees and the budget 2017-17 especially this budget is being presented after the demonetization. As stated earlier the financial position of the Central Government is very good even after demonetization. The budget 2017-18 has once again proved that the Central Government resources are very good the revenue expenditure has been at 21.47 lakh crores. The fiscal deficit will be 3.2 % of GDP.

Now coming to the revenue growth of the Central Government in last four years we can observe from the financial year 2013-14 the Revenue Expenditure which was at is Rs 14.88 lakh crores the Revenue Expenditure the financial year 2017-18 which stands at 21.47 lakh crores . The fiscal deficit has also reduced from 4.8 % to 3.2 % of GDP in last four years . This shows that the financial status of the Central Government is very good. The growth rate of the revenue collection is about 15% annually. In fact the Shri Arun Jaitleyji Hon’ble Minister of Finance had stated the revenue collection is increasing to about 17 % annually. We should be proud that your country economy is in good shape. Indian economy is a stable economy can accommodate any additional financial expenditure to be made for the welfare of Central Government employees.

The revenue of the Central Government is increasing at about 15% annually, from last three years the revenue of the Central Government has increased by 45% the expenditure towards salary of Central Government employees including the defence employees has risen only by 14.5 % on wage hike due to 7th CPC and also Dearness Allowances expenditure. So total rise in pay hike is about 22% , even if allowances are released in next financial year additional expenditure is likely at just 3% as 70% of the employees don’t avail HRA which is the major allowances, . which is very much less than the 45% of the revenue collection of the Central Government. So the Central Government can afford to increase our wages considerably i.e revision of fitment formula and minimum wage . The allowances should be made effectively from 1st Jan 2016.

Next on the tax slabs the Shri Arun Jaitleyji: Hon’ble Minister of Finance had made announcement of the tax proposals provided only a small relief to the Central Government Employees by reducing the taxes for the slab 2.5 lakhs to 5 lakhs from 10% to 5% . This is only a very small gestures on the part of Shri Arun Jaitleyji Hon’ble Minister of Finance , actually a big relief should have been provided by way of abolishing the taxes up to Rs 5 lakhs . The expenditure loss for reduction of taxes for the slab 2.5 lakhs to 5 lakhs(1.95 crore show income between Rs 2.5 to Rs 5 lakh) from 10% to 5% is just at Rs 15,500/- crores only , if the Hon’ble Minister of Finance had announced the abolishing the taxes up to Rs 5 lakhs it could have been additional expenditure of Rs 15,000 crores only which at just half percent of the total budget revenue collections , next Rs 5 to Rs10 lakhs slab (only 52 lakh show income between Rs 5 to Rs 10 lakhs ) here also there should have been reduction in taxes from 20% to 10% , the limit of Rs 1.5 lakh under Section 80C for investment should have been increased upto 2.5 lakh which would have encouraged savings , all these measures could have gone a long way benefiting the Central Government employees and the salaried class employees a lot.

Today hardly 3 % of the country population are paying the income tax, the rest 97% do not pay income tax .The Central Government Employees are honestly paying the taxes. A big tax relief is genuinely due for them.

One more important problem faced by the Central Government Employees is that the no filling up of the vacant post in the Central Government, nearly 4 lakhs post are vacant, even in Railway safety post of 1.41 lakh post are vacant and Income tax department post are vacant, more manpower is required for effectively collection of the taxes and implementation of the programmes and policy of the Central Government. This will also provide jobs for the youth of the country.

We sincerely hope the Hon’ble Minister of Finance would reconsider his decision and improve the taxation policy and consider the demands of the CG employees effectively in true spirit.

Comradely yours

(P.S.Prasad)
General Secretary

DA for Bank Employees : IBA issued orders for next quarter from Feb to Apr 2017

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DA for Bank Employees : IBA issued orders for next quarter from Feb to Apr 2017

Indian Banks’ Association
HR & Industrial Relations

No.CIR/HR&IR/76/D/2015-16/1572
February 1, 2017
All Members of the Association
(Designated Officers)

Dear Sirs,
Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March and April 2017 under X BPS/ Joint Note dated 25.5.2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended December 2016 are as follows:-

October 2016 – 6345.60
November 2016 – 6322.77
December 2016 – 6277.12

The average CPI of the above is 6315 and accordingly the number of DA slabs are 469(6315-4440=1875/4=469 Slabs). The last quarterly Payment of DA was at 478 Slabs. Hence there is a decrease in DA slabs of 9, i.e.,469 Slabs for payment of DA for the quarter February, March and April 2017.
 
In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of February, March and April 2017 shall be 46.90 % of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

We advise banks to pay the difference between the old and revised salary and allowance to officers on an ad hoc basis, pending amendments to Officers’ Service Regulations.

Yours faithfully,
sd/-
K.S.Chauhan
Senior Vice President


Authority : www.iba.org.in

Central Government Employees Group Insurance Scheme 1980: Annual Report for the year 2017

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Central Government Employees Group Insurance Scheme 1980: Annual Report for the year 2017.

OFFICE OF CONTROLLER GENERAL OF DEFENCE ACCOUNTS,
BATAR ROAD, PALAM, DELHI CANTT-110010

No.A/III/14500/CGEGIS/REP/2017
Dated: 24.01.2017
To,
PCsDA/CsDA
including AO, DAD, ZO (DPD)
& AN-IV Local.

(Through CGDA website)

Sub:- Central Government Employees Group Insurance Scheme 1980: Annual Report for the year 2017.

An report the above subject has prescribed by the Chief Controller of Accounts, Mistry of Finance, Depamnent of Economic Affairs which is to be rendered to them by 1st March each year. It is requested that Annual Repon on the CGEGIS-1980 in respect of DAD personnel and Non-DAD personnel (Defence Civilians) may kindly be forwarded separately to this HQrs by 17th February, 2017 positively the prescribed format (Annexure ‘D’ copy enclosed). While forwarding the report, it may please be ensured that the number of CGEGIS subscribers for the year 2016 shown in the last report must be correctly reflected in the Part-I of the report.

It has been noticed previous year, the report is generally not forwarded to this HQrs by the prescribed time. This often delays rendition of consolidated report to Ministry. Therefore, it is requested thal timely submission of repon may please be ensured.

3. This issues with the approval of Jt. CGDA (A&B).

sd/-
Sr.Accounts Officer (A/Cs)

Authority: http://cgda.nic.in/

Clarification regarding pay fixation under 7th CPC for the post of ‘Trainee’ appointed on compassionate grounds

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Clarification regarding pay fixation under 7th CPC for the post of  ‘Trainee’ appointed on compassionate grounds

CGDA, Ulan Batar Road, Palam, Delhi Cant-110010

No.AN/XlV/14164/7th CPC/corrsp/Vol-I
Dated 01/02/2017
To
All PCsDA/CsDA/PCof A(Fys)Kolkata

Subject: Clarification regarding pay fixation under 7th CPC for the post of  ‘Trainee’ appointed on compassionate grounds.

This office is receiving several references frorn various controller offices seeking clarification regarding pay fixation under Seventh CPC in respect of ‘Trainee-appointed on ground without acquiring minimum educational qualification in the pay scale of Rs 4440/—7440/- (pre-revised ) without any Grade Pay. Such trainees are to be placed in the pay band-I (5200-20200) With Grade pay of Rs 1800/- only on acquiring the minimum qualification prescribed under the recruitment rules. However, under the CPC, neither any specific pay matrix level nor the manner for fixation of pay in respect of MTS Trainee has been prescribed.

2. In this regard, it is intimated that matter already stands referred to the Ministry for furnishing necessary clarification/guideines to regulate the pay fixation of trainees under Seventh CPC. Reply of the same is still awaited. As and when , reply is received from the Ministry, the same will be widely publicized. Hence, it is requested to await for orders/ clarification frorn the Ministry in this regard.

3. This is for your information and necessary action please.

sd/-
(Kavitha Garg)
Sr.Dy.CGDA(AN)

Authority: http://cgda.nic.in/

Meeting with Hon’ble Minister for Railways

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Meeting with Hon’ble Minister for Railways on 03.02.2017 – Feedback

Though the CRB has assured that, shortly needful will be done in the matter, but it is advised to all of you that we should continue our agitations till this letter of the Railway Board is withdrawn.
No.AIRF/24(C)
Dated: February 3, 2017
The General Secretaries,
All Affiliated Unions,

Dear Comrades!
Sub: Meeting with Hon’ble Minister for Railways

Today I met Hon’ble Minister for Railways, Shri Suresh Prabhakar Prabhu and handed him over a copy of our Protest Letter, No.AIRF/24(C) dated February 2, 2017, against Railway Board’s letter No.2017/E(LR)III/Ref./RB/1 dated 30.01.2017, wherein Supervisors(Grade Pay of Rs.4200 and above) working in Safety Categories have been debarred from become office-bearers of the unions/federation after 31.03.2017.

I explained him that, on the one hand railway administrations wants all sorts of cooperation from the federation, on the other they are issuing such a letter wherein they are directly interfering in the unions/federation affairs.
Hon’ble MR immediately called the CRB and advised him that this issue should be resolved without any further loss of time.

In our letter as well as during the course of discussions I demanded immediate withdrawal of Railway Board’s letter supra dated 30.01.2017, which is illegal and against 87th ILO Convention and having no ground for debarring the supervisors from the trade union in the name of safety.

Though the CRB has assured that, shortly needful will be done in the matter, but it is advised to all of you that we should continue our agitations till this letter of the Railway Board is withdrawn.
With Fraternal Greetings!

Yours faithfully,
sd/-
(Shiv Gopal Mishra)
General Secretary

Source: AIRF

TAX RELAXATION UNDER NPS

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Tax-exemption to partial withdrawal from National Pension System (NPS) : This benefit will be effective on partial withdrawal made by the subscriber after 1st April 2017.

Press Information Bureau 
Government of India
Ministry of Finance
02-February-2017 12:20 IST

New Benefits announced for NPS Subscribers in Union Budget 2017-18

In a bid to provide further impetus to the National Pension System (NPS), the following provisions have been introduced in the Finance Bill 2017 laid down in the Parliament today.

Tax-exemption to partial withdrawal from National Pension System (NPS)
The existing provision of section 10(12A)of the Income Tax Act, 1961 provides that payment from National Pension System (NPS) to a subscriber on closurer of his account or opting out shall be exempt up to 40% of total corpus at the time of withdrawal . The amount utilized for purchase of annuity is also tax exempt. At the time of normal exit, 40% of the total corpus is mandatorily required to be purchased for annuity. The subscriber has the option to use higher amount for purchase of annuity.

In order to provide further relief to the subscriber of NPS, it has been proposed to insert a new clause (12B) in the section 10 of Income Tax Act, 1961 to provide exemption on partial withdrawal not exceeding 25% of the contribution made by an employee in accordance with the terms and conditions specified under Pension Fund Regulatory and Development Authority Act, 2013 and regulations made there under.

This benefit will be effective on partial withdrawal made by the subscriber after 1st April 2017.

Further, Contribution up to 20% of the Gross Income of the Self-employed individual (Individual other than salaried class) will be deductible from the taxable income under Section 80CCD (1) of the Income Tax Act, 1961, as against 10% earlier.

This is with a view to provide parity between a salaried employee and a self-employed.

This benefit will be available on contribution made by the self employed persons on or after 1st April 2017.

This increased limit for tax benefit will help the self-employed individuals, to save taxes on higher contribution in NPS and thereby properly plan for their old age income security.

Additional tax deduction on investment upto Rs. 50000/- under Section 80CCD (1B) will continue to remain the same for all NPS subscribers whether salaried or self-employed.

Allotment of 12 Digit PPO Number to Pre-90 pensioners – regarding

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Allotment of 12 Digit PPO Number to Pre-90 pensioners – regarding

No.CPAO/DBK/Pre-90/2017/1
Dated: 12-01.2017
Office Memorandum

Subject: Allotment of 12 Digit PPO Number to Pre-90 pensioners – regarding

Reference is invited to this office ciruclar No. CPAO/TECH/PRE-90/DBK/2011-12/115 dated 02.01.2012 (copy enclosed), regarding allotment of 12 Digit PPO Numbers to the Pre-90 pensioners/family pensioners. Since CPAO database recognizes only 12 digit PPO Number, it is required to lodge & track grievances and make queries on CPAO website. The 12 Digit PPO number is also required for the e-revision of pension. Therefore, all the Pay and Accounts officers are advised to follow the instructions contained in previous ciruclar dated 02.1.2012 for the conversion of Old PPOs. A list of all pending Pre-90 cases where PPO numbers are not yet converted into unique 12 digits PPO number is displayed at Sl.No 19 under the login of PAO in CPAO website www.cpao.nic.in.

All the Pr. CCAs/CCAs/CAs(IC) are requested to instruct concerned PAOs to download old cases and send the photocopies of PPOs along with duly filled proforma for allotment of 12 digits PPO Number.

(ABHE SINGH)
Dy. Controller of Accounts

Authority: www.cpao.gov.in

Providing breakup of pension and arrear payments & recoveries to pensioners

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Providing breakup of pension and arrear payments & recoveries to pensioners


CPAO/IT&Tech/Bank Performance/2016-17/220

CPAO/IT&Tech/SCOVA/20/Part File/2016-17/220
09.01.2017
Office Memorandum

Subject:- Providing breakup of pension and arrear payments & recoveries to pensioners.

Attention is invited to para 4.6.7 of the Accounting and Operating Procedure for Central Pension Processing Centre of Authorised Banks for Pension Disbursement to Central Government (Civil) Pensioners (February, 2012) whereby it has been provided that “The CPPC software will display on the computer screen, options and view of the details of calculation of pension and its breakup of the pension paid to the pensioner/family pensioner. The Home Branch will act as intermediary with the CPPC and, besides providing accounts statement, provide to the pensioners the payment of TDS details, pension slip, the Due and Drawn Statement in respect of each arrear and the Annual Income Statement”.

2. Taking into consideration the grievances reported by Pensioners’ Associations and Pensioners, CPAO had issued instructions to Heads of CPPCs and Government Business Divisions vide OM No. CPAO/Tech/Banks Performance/2015-16/60 dated-14.06.2016 for strict compliance of above guidelines for providing detailed breakup of pension payments.

3. It has again been reported by Pensioners’ Associations and Pensioners that “arrears of arrear of Revision of Pension, Fixed Medical Allowance, Additional Pension, Life Time Arrear etc. are clubbed with monthly payment of pension for which it becomes difficult for pensioner/family pensioner to understand if pension and arrears are disbursed correctly. Even recovery of overpayment or wrong payment is not shown separately”.

4. Therefore, banks are instructed to follow the provisions of CPPC guidelines and instructions issued vide OM dated-14.06.2016 and provide full breakup of pension payment clearly to the pensioners. A compliance report in this regard may be sent to CPAO latest by 31.01.2017 positively.

(Subhash Chandra)
Controller of Accounts

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


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