Dopt needs comments on LTC Procedure of Public Transport between nearest Railway station and Declared place of visit

Dopt needs comments on LTC Procedure of Public Transport between nearest Railway station and Declared place of visit

Central Civil Services (Leave Travel Concession) Rules, 1988 — Fulfillment of procedural requirements : Draft memorandum as follows…

No.31011/3/2015-Estt.(A.IV)

Government of India

Ministry of Personnel, Public Grievances and Pensions

Department of Personnel and Training

Establishment A-IV Desk

North Block, New Delhi-110001

Dated March , 2016

OFFICE MEMORANDUM

Subject:- Central Civil Services (Leave Travel Concession) Rules, 1988 — Fulfillment procedural requirements.

The undersigned is directed to refer to para 8 and 9 of the Guidelines enclosed in this Department’s O.M. of even number dated 18.2.2016 on the above noted subject and to say that the issues have been revisited in consultation with the Department of Expenditure. It has been decided that the cases where a Government servant travels on LTC upto the nearest airport/railway station/ bus terminal by authorised mode of transport and undertakes rest of the journey to the declared place of visit by private transport/own arrangement, may be dealt with as follows:-

(i) When public transport is available between the nearest airport/railway station/ bus terminal and the declared place of visit:-

The Government servant may also be reimbursed the fare incurred for completion of journey to the declared place of visit by own arrangement. This will be restricted to the fare admissible for journey by otherwise entitled mode of public transport from the nearest airport/railway station/ bus terminal to the declared place of visit. The Government servant shall be required to submit an undertaking that he has actually visited the declared place of visit.

(ii) Where no public transport is available between the nearest airport/railway station/bus terminal and the declared place of visit:-

(a) In case he does not wish to claim reimbursement for the part of the journey which he has undertaken by his own arrangement, he may be reimbursed for the part of the journey which he has undertaken by public transport. The Government servant shall be required to submit an undertaking that he has actually visited the declared place of visit.

(b) Where the Government servant claims assistance for the entire journey, the part of the journey where he has used his own arrangement would also be reimbursed as per his entitlement for journey on transfer. The Government servant shall be required to submit an undertaking that he has actually visited the declared place of visit.

2. In case of (b) above, the Government servant shall be required to submit a certificate that the mode of transport used by him operates from point to point on regular basis with the approval of the State Government/Transport authorities, and is authorised to ply as public carrier.

3. Above certificate need not be insisted upon in case information to the effect that (i) no public transport is available in a particular area, (ii) list of transport operators who operate on regular basis from point to point on regular basis with the specific approval of the State Government/Transport authorities, is available on the website of a State/Central Government or a State or Central PSU or in a current publication brought out by these authorities.

(Surya Narayan Jha)

Under Secretary to the Government of India

Authority: www.persmin.gov.in

Click to view the order

Latest CSD Price list of Maruti Swift Dzire available in all Depots

Latest CSD Price list of Maruti Swift Dzire available in all Depots

CSD PRICE DETAILS OF ALL DEPOTS OF MARUTI SWIFT DZIRE ZXI BS IV DIESEL (64063) 2016

MARUTI SWIFT DZIRE ZXI BS IV DIESEL (64063)

Check Depot Availablility Below

Depot/Dealer Address/Price

CHENNAI : M/S POPULAR VEHICLES & SERVICES : ANNA NAGAR, CHENNAI-600 102 CONTACT PERSON : MR SUMITHRA 09043067734 | M/S KAPICO INDIA LTD : KILPAUK, CHENNAI-10 CONTACT PERSON : MUNISWARAN : 7299941736 | M/S KHIVRAJ MOTORS LTD : ADYAR, CHENNAI-20 CONTACT PERSON : GU

600656/- (CHENNAI)

* Price To Be Re-Checked With The Depot

M/S POPULAR VEHICLES & SERVICES : ANNA NAGAR, CHENNAI-600 102 CONTACT PERSON : MR SUMITHRA 09043067734 | M/S KAPICO INDIA LTD : KILPAUK, CHENNAI-10 CONTACT PERSON : MUNISWARAN : 7299941736 | M/S KHIVRAJ MOTORS LTD : ADYAR, CHENNAI-20 CONTACT PERSON : GU

601067/- (COIMBATORE)

* Price To Be Re-Checked With The Depot

BATHINDA : M/S TARA AUTOMOBILES : MANSA ROAD, BATHINDA 0164-2214322 | M/S TARA AUTOMOBILES : MALOUT SHRI GANGANAGAR BYE PASS, ABOHAR 01634-228313 | M/S MAX AUTOS : DHURI ROAD, SANGRUR 9216529140 | M/S HIRA AUTOMOBILES, RAJBAHA ROAD, PATIALA 9217048108 | M/S PANKAJ MOTORS PVT LTD, G T ROAD, MOGA 9814948648 | M/S BABA AUTOS, FEROZEPUR 01632-210219

634154/- (BATHINDA)

* Price To Be Re-Checked With The Depot

PORT BLAIR : M/S AGENCY HOUSE, VIP ROAD, PORT BLAIR – 744105

620821/- (PORTBLAIR)

* Price To Be Re-Checked With The Depot

JALANDHAR : M/S LOVELY AUTO : JALANDHAR, 0181 – 2237001 – 06.9876711226 MR SANTAL | M/S STAN AUTO PVT LTD : JALLANDHAR 9876550010 MR SARABJIT SINGH 9781137385 MR GURPREET SINGH | M/S SWANI AUTO : AMRITSAR PREM KUMAR , 9876184393 | M/S JAYCEE MOTORS : AMRITSAR. 0183 – 2581334 | M/S RISHABH FOUR WHEEL : AMRITSAR MR SALIL ARORA – 98140 51577 | M/S SWANI MOTORS : LUDHIANA 0161 – 5012274 9872185614(MR PARDEEP JOSHI) | M/S HOSHIARPUR AUTO : HSR 01882 – 264626, 8146538585 | M/S SANDHU AUTO : LUDHIANA. 9815200949, 0161 – 2545656 | M/S LIBRA AUTO CAR LTD : GT ROAD, AIR PORT , LDH 9855536000, 9914993333 | M/S GULZAR MOTORS : LUDHANA. 0161 – 2541777 SUKHDEV SHARMA 9914848222 | M/S AUTOPACE : D/BASSI 9878422205 (MRS ANJANA) 9878422256 (MR ANKUSH | M/S TRICITY AUTOS : ZIRAKPUR 9988882328 (MR. P R BHARDWAJ) | M/S TRICITY AUTOS : ZIRAKPUR 9988882328 (MR. P R BHARDWAJ)

630160/- (JALANDHAR)

* Price To Be Re-Checked With The Depot

MISSAMARI :M/S RAMLAL DURGADUTT MOTORS PVT LTD : NAGAON: A.T. ROAD, KHUTIKATIA, NAGAON-782002 (ASSAM) PH. NO. 09864863334 (M), JAGIROAD: PASCHIM NAGAON, JAGIROAD, MORIGAON-782410 (ASSAM) PH. NO. 08255061616 (M), HOJAI: MAIN ROAD HOJAI, NAGAON782435 (ASSAM) PH. NO. 0

627017/- (MISSAMARI)

* Price To Be Re-Checked With The Depot

NARANGI :M/S BIMAL AUTO AGENCY : CHANDMARI, GUWAHATI- 781003, PH- 8876431302 / 9864074517

652638/- (NARANGI)

* Price To Be Re-Checked With The Depot

MASIMPUR : M/S JAIN UDYOG SONAI ROAD SILCHAR 06 PH – 03842 225604

656842/- (MASIMPUR)

* Price To Be Re-Checked With The Depot

PATHANKOT : M/S PATHANKOT VEHICLE ADS PVT LTD : PATHANKOT

637471/- (PATHANKOT)

* Price To Be Re-Checked With The Depot

JAMNAGAR : M/S ATUL MOTORS PVT LTD ,JAMNAGAR PH. 9904933133 M/S K D MOTORS, BHUJ PH. 9909953102, 9909953136 M/S AMAR CARS PVT LTD, BARODA PH. 9879877744 M/S MANAN AUTOLINK P LTD , AHMEDABAD PH: 9099937621 M/S UDAY AUTO LINK PVT LTD , AHMEDABAD PH. 9687677194 M/S KATARIYA AUTOMOBILES LTD, AHMEDABAD PH. M/S KIRAN MOTORS LTD , AHMEDABAD PH .- M/S NANDA AUTOMOBILES , GANDHINAGAR PH.9727726014

612535/- (JAMNAGAR)

* Price To Be Re-Checked With The Depot

SECUNDERABAD : M/S VARUN MOTOR : BEGUMPET, HYDERABAD | M/S MITRA AGENCIES : HIMAYATNAGAR, HYDERABAD, 040 27767676, 9885554561, 9052611100, 040 – 27636478

688291/- (SECUNDERABAD)

* Price To Be Re-Checked With The Depot

BIKANER : M/S AUDI MOTORS PVT LTD : N.H – 15, BIKANER, PH NO – 0151 – 2250375

630520/- (BIKANER)

* Price To Be Re-Checked With The Depot

JAIPUR : M/S VIPUL MOTORS : AJMER ROAD, JAIPUR, 9829176033, 2294394 | M/S SANGA AUTOMOBILE : PRATAP NGR, JAIPUR, 9772210948, 2793924 | M/S PREM MOTORS : SIKAR ROAD JAIPUR, 8058794064, 9314411996 | M/S K. P. AUTOMOTIVE : SJS HIGHWAY JAIPUR, 2201365, 2208005,

626064/- (JAIPUR)

* Price To Be Re-Checked With The Depot

M/S AJMER AUTO : AJMER 2631279 2426468 | M/S RAJ AUTO | AJMER 2628989, 9414003015

628212/- (AJMER)

* Price To Be Re-Checked With The Depot

M/S M.G. MOTORS : ALWAR 2732236, 2732410

624726/- (ALWAR)

* Price To Be Re-Checked With The Depot

M/S FORTUNE CARS : BHIWADI

623411/- (BHIWADI)

* Price To Be Re-Checked With The Depot

M/S AUDI MOTORS : JHUNJHUNU 9414142507

628701/- (JHUNJHUNU)

* Price To Be Re-Checked With The Depot

M/S SHRI KRISHNA AUTO : JODHPUR, 2912762064 | M/S LMJ SERVICES : JODHPUR 2761608, 293225477

631713/- (JODHPUR)

* Price To Be Re-Checked With The Depot

M/S BHATIA & CO : KOTA 2365091-95

629832/- (KOTA)

* Price To Be Re-Checked With The Depot

M/S JAMU AUTOMOBILES : SIKAR

627738/- (SIKAR)

* Price To Be Re-Checked With The Depot

M/S NAVNEET MOTORS : UDAIPUR 2415141-42, 982859141 | M/S TECHNOY MOTORS : UDAIPUR

632340/- (UDAIPUR)

* Price To Be Re-Checked With The Depot

HISAR : M/S UNIQUE MOTORS PVT LTD : O.P.JINDAL MARG, HISAR 8813888018 | M/S MODERN AUTOMOBILES : OPP VIDUT NAGAR, HISAR01662 – 221000 | M/S HISSAR AUTOMOBILES : SIRSA ROAD, HISAR01662 – 275751, 276310

554197/- (HISAR)

* Price To Be Re-Checked With The Depot

M/S PASCO AUTOMOBILES : PALAM GURGAON ROAD, GURGAON0124 – 4012000 | M/S COMPTENT AUTOMOBILES CO. LTD : NR SUBHASH CHOWK, GURGAON0124 – 2201000, 4000

631136/- (GURGAON)

* Price To Be Re-Checked With The Depot

DIMAPUR : M/S PROGRESSIVE MOTORS : 21/2 MILE, DIMAPUR-KOHIMA ROAD, DIMAPUR-797112, NAGALAND PH-03862-230987 /0370-2292171

667731/- (DIMAPUR)

* Price To Be Re-Checked With The Depot

DEHRADUN : M/S D D MOTORS : 81-A, RAJPUR ROAD, DEHRADUN-248001, PH-0135-2745330-32 | M/S FUTURE AUTO WHEELS PVT LTD : PRINCE CHOWK, DEHRADUN-248001 | M/S ROHAN MOTORS LTD : 130/1, CHAKRATA ROAD, YAMUNA COLONY, DEHRADUN-248001, PH-0135-2530519

610050/- (DEHRADUN)

* Price To Be Re-Checked With The Depot

M/S SHAKUMBARI AUTOMOBILES (P) LTD : ROORKEE, PH-01332-247667

609010/- (ROORKEE)

* Price To Be Re-Checked With The Depot

MUMBAI AREA : M/S SPECTRA MOTORS : SHIVAM CHAMBERS, 424, S V ROAD, GOREGAON (W), MUMBAI-400062. RAVI KAIKANI- 9967017508, TODANKAR-7738360071, AMIT SAWANU- 9967017546 | M/S SEVA AUTOMOBILES PVT. LTD : OPP. SUSHIL PETROL PUMP, BOMBAY AGRA HIGHWAY, DHULE- MAHARASHTRA. TEL-02562-662444/281128/29 | M/S. MANRAJ MOTORS PVT. LTD : AJANTA ROAD JALGAON MAHARASHTRA-425003, TEL-0257-2212121/22/23/24 | M/S SAI SERVICE STN (P) LTD : DIAGONALLY OPP GOLD SPOT FACTORY, WESTERN EXPRESS HIGHWAY, ANDHERI (E) , MUMBAI-400069, 022-43030505 | M/S AUTOMOTIVE MGF. PVT. LTD : MIDC, TTC IND AREA, PLOT NO. D-234, SHIRVNE VILLAGE, MUMBI PUNE ROAD, NAVI MUMBAI-400706. 022-66146614/ 66143900/66143925/923/924 | M/S. FORTPOINT AUTOMOTIVE (CARS) PVT. LTD : PATASKAR ECLAT NEAR SURAJ WATER PARK GHODBUNDER ROAD THANE (W)-400607 SUNIL MISHRA-9594973633,9867710701

652970/- (MUMBAIAREA)

* Price To Be Re-Checked With The Depot

Authority: www.csdindia.gov.in

Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax

Inclusion of Interest Income in the Return of Income filed by Persons liable to Pay Tax

Information regarding interest earned by individuals and business entities on term deposit is filed with the Income Tax Department by banks including co-operative banks and other financial institutions and State treasuries etc. Form 26AS reflects only those payments on which tax has been deducted and it can be viewed by the individual tax payer by logging in to www.incometaxindiaefiling.gov.in. The information about interest payments without deduction of tax is also filed by the payer with the Department.

Central Board of Direct Taxes(CBDT) hereby informs the persons earning interest income that interest credited/received on deposits is taxable unless exempt under Section 10 of the Income-tax Act. Such interest income should be shown in the return of income even in cases where Form 15G/15H has been filed if the earning is not exempt under Section 10 of the Income-tax Act and the total income of the person exceeds the maximum amount not chargeable to tax.

Tax payers are advised to collect correct details of interest received or credited and

· file their return of income for assessment year 2014-15 (if not filed already) on or before 31.03.2016 in case their total income exceeds the maximum amount not chargeable to tax.

· revise their return of income for assessment year 2014-15/2015-16 if the return already filed does not include taxable interest income.

· file return of income for assessment year 2015-16, if not filed so far by including taxable interest income if any, on or before 31.03.2016 and avoid penalty u/s 271F.

For more details, you may contact your Assessing Officer or Toll free number 1800-180-1961.

Source: PIB News

Cabinet approved 6% DA and DR for Central Govt Employees and Pensioners from 1.1.2016

Cabinet approved 6% DA and DR for Central Govt Employees and Pensioners from Jan 2016

Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.1.2016

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to Pensioners w.e.f. 01.01.2016. This represents an increase of 6 percent over the existing rate of 119 percent of the Basic Pay/Pension, to compensate for price rise.

This will benefit about 50 lakh Government employees and 58 lakh pensioners.

The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission (CPC). The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be of Rs. 6796.50 crore per annum and Rs.7929.24 crore respectively, in the financial year 2016-17 (for a period of 14 months from January, 2016 to February, 2017).

Source: PIB News

Declaration of Holiday on 14.4.2016 for Central Govt Offices on account of Birthday of Dr.B.R.Ambedkar

Declaration of Holiday on 14.4.2016 for Central Govt Offices on account of Birthday of Dr.B.R.Ambedkar

Declaration or Holiday on 14th April, 2016 – Birthday of Dr.B.R.Ambedkar

F.No.12/6/2016-JCA-2

Government Of India

Ministry Of Personnel, Public Grievances & Pensions

(Department Of Personnel & Training)

North Block, New Delhi

Dated the 21st March, 2016

OFFICE MEMORANDUM

subject: Declaration or Holiday on 14th April, 2016 – Birthday of Dr.B.R.Ambedkar.

It has been decided to declare Thursday, the 14th April 2016, as a closed Holiday on account of the birthday of Dt.B.R.Ambedkar, for all Central Government Offices including Industrial Establishments throughout India.

2. The above holiday is also being notified in exercise of the powers conferred by Section 25 of the Negotiable Instruments Act, 1881 (26 of 1881).

3. All Ministries/Departments of Government of India may bring the above decision to the notice of all concerned.

(G.Srinivasan)

Deputy Secretary to the Govt. Of India

Authority :www.persmin.gov.in

Implementation of the recommendations of the 7th Central Pay Commission — 2nd meeting of the E-CoS

Implementation of 7th CPC : Minutes of the 2nd meeting of Empowered Committee of Secretaries (E-CoS)

Implementation of the recommendations of the 7th Central Pay Commission — 2nd meeting of the E-CoS

A meeting of the Empowered Committee of Secretaries (E-CoS) was held on 1 st March, 2016 in the Cabinet Secretariat under the chairmanship of the Cabinet Secretary to discuss issues raised by Staff„side of JCM

2. Welcoming the members of E-CoS and JCM Staffside, Cabinet Secretary observed that the meeting had been called to take a note of concerns of Staff-side of JCM regarding recommendations of the 7th CPC and invited the members Of Staff-side of JCM to share their views on the recommendations.

3. Opening the discussion, representative of Staff-side of JCM expressed gratitude to Cabinet Secretary for inviting them for interaction regarding the recommendations of the 7th CPC and requested that more frequent interactions of JCM may be held to resolve outstanding issues across the table. It was expressed that 7th CPC has recommended a meager increase of 14% in the minimum pay as against increase ranging up to 54% during previous Pay Commissions. It was further stated that the recommendations on minimum pay, allowances, advances etc. will cause difficulty to employees. Representative of Staff-side informed that they have already submitted a charter of demands to the Cabinet Secretary bringing out the issues. These have also been discussed in the meeting of JS (IC) with Staff-side of JCM held on 19.02.2016.

4. Major concerns expressed by JCM Staff-side were as under:

The minimum pay of Rs. 18000/- p.m. recommended by the Commission is on lower side and needs to be revised upward by taking into account the prices of commodities as on 01.07.2015 and appropriately factoring in for social obligations & housing.

(ii) New Pension Scheme should be done away with. Persons governed by the NPS are deprived of Family Pension and do not have provision of provident fund. As a result they are at a disadvantageous position as compared to the persons governed by the old system.

(iii) Recommendations on allowances need to be properly examined before taking a decision.

(iv) Fixed Medical Allowance should be increased from existing Rs. 500 p.m. to Rs. 2000 p.m. as majority of cities are not covered under CGI-IS and people residing outside the CGHS covered area are unable to meet their medical needs with meager amount of Rs. 500 p.m.

(v) Recommendation regarding withdrawal of non•interest bearing advances may not be accepted.

(vi) Outsourcing of services should be discouraged as the contract workers are being exploited by contractors and at the game time the service delivery is being compromised due to inefficiency and lack of accountability of low aid contractual staff.

(vii) Enhancement in contribution towards Group Insurance Scheme, is not justified as this would reduce the actual increase in take home salary considerably. If the rates are to be raised, the Government should bear the insurance premium

(viii) The recommendation regarding grant of only 80% of salary for the second year of Child Care Leave need not be accepted as this would deter women from availing of CCL, which was introduced as a welfare measure.

(ix) Annual increments be granted @ 5% instead of existing 3% and increments may be granted on two dates viz., 1 st of January and 1 st of July of every year as in the present system of grant of increment on 1 st July of every year, employees joining/promoted after 1 st January, who do not complete 6 months services as on 1 st July, have to wait for up to 18 months for grant of increment.

(x) The Commission’s recommendation of downgrading the Assistants of Central Secretariat for bringing in parity with their counterparts in the field offices is not appropriate.

(xi) Recommendation regarding PRIS need not be accepted as no scientific mechanism has been devised to assess the performance of employees and the same could e courage favoritism.

5. Issues regarding financ al upgradation under MACPS in promotional hierarchy without grading stipulation. grant of two increments on promotion introduction of Productivity Linked Bonus, treating Grameen Dak Sevak as Government employees, removal of pap of 5% on compassionate appointment 8i full pay and allowances In case of Work Related Illness and Injury Leave improving promotional avenues for technical and supervisory staff etc. were also raised by members of JCM.

6. During the discussion, representatives of JCM also suggested that the Nodal Officers nominated by various Ministries/Departments may hold interactions with recognized Staff Associations and other stakeholders under their purview so as to identify issues specific to those Ministries/Departments for redressal.

7. After hearing the participants, Cabinet Secretary observed that the deliberations have helped E-CoS in understanding the major concerns of the Staff-side and said that all issues have been taken note of. He assured that fair consideration will be given to all points brought out by JCM before taking a final view. He further stated that the E-CoS needs to examine the Report of the Commission in entirety as well as the issues raised by JCM in consultation with all other stakeholders. As such, it may take some time to take a final call on the recommendations of the Commission.

8. Cabinet Secretary also advised the members of E-CoS to hold interactions with their Staff Associations and other stakeholders under their purview preferably within a week.

9. Meeting ended with vote of thanks to the chair.

Venue: Committee Room, Cabinet Secretariat, Rashtrapati Bhawan

Date of Meeting: Thursday, the 1 st March, 2016

Time of Meeting: 6:45 PM

Members of E-CoS present

1 Cabinet Secretary

2. Chairman, Railway Board

3. Home Secretary

4 Defence Secretary

5 Secretary, D/o Science & Technology

6. Secretary, D/o Personnel & Training

7. Secretary, M/o Health & Family-Welfare

8. Secretary, D/o Pension and Pensioner’s Welfare

9. Secretary (Security), Cabinet Secretariat

10. Secretary, D/o Posts

1 1 . Deputy Comptroller and Auditor General

Secretariat for E-CoS:

1. Joint Secretary, Implementation Cell, D/o Expenditure

2. Director, Implementation Cell, D/o Expenditure

Representatives of JCM (Staff-side):

1 . Shri Shiv Gopal Mishra

2. Shri M. Raghavaiah

3. Shri Rakhal Das Gupta

4. Shri Ch. Sankara Rao

5. Shri J.R. Bhosle

6. Shri Guman Singh

7. Shri R.P. Bhatnagar

8. Shri K.S. Murty

9. Shri K.K.N. Kutty

10. Shri C. Srikumar

11 . Shri R. Srinivasan

12. Shri M. Krishnan

13. Shri M.s. Raja

Source : Indwf.blogspot.in

OROP Arrears Table for Sepoy and NK Group ‘Y’

OROP Arrears Table for Sepoy and NK Group ‘Y’

Source: http://rajasthanveterans.blogspot.in/

Reduction of Interest Rates on Public Provident Fund

Reduction of Interest Rates on Public Provident Fund

Interest Rates on various Small Savings Schemes for the 1st Quarter of 2016-17 notified;. Additional Interest Rate spreads which the Government allows on Small Savings Schemes like PPF, Senior Citizen Savings Scheme, Sukanya Samridhi Scheme and NSC etc. are being continued and included in the rates notified today.

From the year 2012-13, the interest rates on various Small Savings Schemes (SSS) are recalculated and notified in the month of March every year. These rates are applicable for the next financial year. This is being done in line with the recommendations of the Shyamala Gopinath Committee to ensure that the interest rates of Small Savings Schemes are market linked.

Accordingly, as done in the previous years, the interest rates for various Small Savings Schemes were due for recalculation in March 2016. As notified on 16th February, 2016, instead of annual resetting of interest rates for the next financial year, the interest rates from now on will be reset every quarter based on the G-Sec yields of the previous three months. Consequently, the interest rates for various Small Savings Schemes were recalculated with reference to the G-Sec yields of equivalent maturity for the months December 2015 to February 2016. Based on this calculation, the interest rates on various Small Savings Schemes for the 1st quarter of 2016-17 have been notified today. The rates of interest on various small savings schemes for the First Quarter of Financial Year 2016-17, on the basis of the interest compounding/payment built-in in the schemes, shall be as under:

This is a formula driven process.

Further, as notified earlier, the additional interest rate spreads which the Government allows on Small Savings Schemes like PPF, Senior Citizen Savings Scheme, Sukanya Samridhi Scheme, NSC etc. are being continued. The additional spread for these Schemes are 25 basis points for PPF, 100 basis points for Senior Citizen Savings Scheme, 75 basis points for Sukanya Samridhi Scheme, 25 basis points for five year time deposit, 25 basis points for National Savings Certificate and 25 basis points for Monthly Income Scheme. These additional interest rate spreads are being continued and are included in the rates notified today.

The quarterly revision of interest rates will ensure that the interest rates under Small Savings Schemes are more dynamically related to the current market rates, thereby enabling the Banks to move their interest rates in line with current money market rates.

Source: PIB News

Court orders against Government of India instructions on service matters – Dopt orders on 16.3.2016

Court orders against Government of India instructions on service matters – Dopt orders on 16.3.2016

Court orders against Government of India instructions on service matters-consultation with Ministry of Law and Department of Personnel and Training on question of filing appeals.

F.No.28027/1/2016-Estt.A-III

Government of India

Ministry of Personnel, Public Grievances and Pensions

Department of Personnel & Training

Establishment Division

North Block, New Delhi-110001

Dated: 16th March, 2016

OFFICE MEMORANDUM

Subject: Court orders against Government of India instructions on service matters-consultation with Ministry of Law and Department of Personnel and Training on question of filing appeals.

The undersigned is directed to refer to this Department’s O.M.No.28027/9/99- Estt.(A) dated 1st May, 2000 on the above subject ( copy enclosed) and to say that the Department of Personnel and Training is the nodal Department that formulates policies on service matters and issues instructions from time to time. These instructions are to be followed by the Ministries/ Departments of the Central Government scrupulously. All the Court cases filed by employees have to be defended on the basis of the facts available with the Administrative Ministry/Department concerned, keeping in view the instructions issued on the subject by this Department.

2. Reference is also invited to the Cabinet Secretariat’s D.0 letter No. 6/1/1/94-Cab dated 25.02.1994 and the Department of Expenditure’s O.M. No. 7(8)/2012-E-II(A) dated 16.05.2012 inter-alia provide that (i) a common counter reply should be filed before a Court of Law on behalf of the Union of India by the concerned administrative Department/ Ministry where the petitioner is serving or has last served; and (ii) a unified stand should be adopted instead of bringing out each Department’s/Ministry’s point of view in the said reply. It further provides that it is primarily the responsibility of the Administrative Ministry to ensure that timely action is taken at each stage a Court case goes through and that a unified stand is adopted on behalf of Government of India at every such stage. In no case should the litigation be allowed to prolong to the extent that it results in contempt proceedings.

3. However, it is noticed that the Ministries/Departments are making several references to this Department seeking interpretation of the guidelines without exercising due diligence. The Ministries/Departments are advised not to make any references to this Department unless there are difficulties relating to interpretation/application of these guidelines or any relaxation in Rules/instructions is warranted to mitigate a genuine hardship faced the Government servant. While seeking advice of this Department, instructions contained in this Department’s O.M. number 43011/9/2014-Estt (D) dated 28.10.2015 may be followed.

4. The court cases may be further handled in the following manner:-

Court orders against Government of India instructions on service matters-consultation with Ministry of Law and DoP&T on the question of filing appeals, before implementation of Court’s orders

Authority: www.persmin.gov.in

Linking of CGHS Card number with Aadhaar is purely on a voluntary basis

Linking of CGHS Card number with Aadhaar is purely on a voluntary basis

The below information was given in written reply to a question about the linking between CGHS card and Aadhaar by the Minister of Health and Family Welfare Shri Jagat Prakash Nadda in Lok Sabha on 11th March 2016 as follows…

"Ministry of Health and Family Welfare has issued an Office Memorandum No. Z-15025/11/201-DIR CGHS dated the 10th July 2015 requesting the Ministries/Departments concerned to motivate their employees availing CGHS to link their Aadhaar Numbers with the CGHS database either online themselves through the CGHS portal or through the CMO-in-charge of their dispensary.

Central Government employees/pensioners applying for new CGHS cards/new plastic cards have the option to provide Aadhaar Number for entering the number in CGHS database.

Linking of CGHS beneficiary ID number with Aadhaar number is purely on a voluntary basis.

Linkage of Aadhaar number with CGHS ID will facilitate consolidation of all health-related data bases and enable more convenient access to various E-services in the future. "

OROP Arrears is expected to be released by March end to family pensioners

Revised Pensionary benefits under OROP released to over Two Lakh Defence Pensioners

The Defence Pension Disbursing Offices (DPDOs) functioning under Controller General of Defence Accounts (CGDA) in the Ministry of Defence have released revised pensionary benefits to 2,21,224 Defence pensioners drawing service/disability pension. The amount along with first instalment of arrears had been released and credited by the Defence Ministry to the accounts of these pensioners on 01.03.2016.

In the case of remaining 1,46,335 family pensioners drawing pension from Departmental Pension Drawing Officers (DPDOs), payment along with arrears is expected to be released by March end. Banks are under process of revision work.

These steps are a follow-up to Department of Ex-Servicemen Welfare (ESW) of the Ministry of Defence’s notification on 07.11.2015 ordering implementation of One Rank One Pension (OROP) scheme for Defence pensioners.

The total additional annual financial increase for grant of One Rank One Pension (OROP) is Rs. 7488.70 crores. The total amount on account of arrears to be paid for the period 1.7.2014 to 31.12.2015 is Rs. 10925.11 crores.

Out of total annual liability of Rs. 7488.70 crores, PBOR family pensioners shall get Rs. 6,405.59 crores, which works out to 85.5% of total expenditure of OROP.

Due to increase in defence pension budget, the additional liability for current financial year 2015-16 shall be Rs. 4,721.34 crores which will increase the current defence pension liability of Rs. 60,238 crores to Rs. 64,959.34 crores for the year 2015-16.

Detailed implementation orders of OROP with 101 tables containing revised pensions of different ranks and categories were issued by the Department of ESW on 03.02.2016 through their website www.desw.gov.in. According to the orders, the Pension Disbursing Agencies have been authorized to make payments with arrears as scheduled.

To facilitate the pension disbursing agencies, the Principal Controller of Defence Accounts (P) have also issued implementation instructions through a circular on 04.02.2016. The implementation instructions along with Government orders are available on the website www.pcdapension.nic.in.

Source: PIB News

Ration Money Allowance should be exempt from Income Tax – 7th CPC Report

Ration Money Allowance should be exempt from Income Tax – 7th CPC Report

Ration Money Allowance (RMA) : Ration Money Allowance (RMA) is paid to all personnel of Defence forces and nongazetted personnel of CAPFs, Delhi Police, IB, A&N police and such personnel of Indian Reserve Battalions (IRBn) as are posted in Andaman and Nicobar Islands and don’t dine in the mess. The existing rate of this allowance is ?95.52 per day for Non-Gazetted personnel and Rs.79.93 per day for Gazetted personnel.

There are demands to extend RMA to gazetted officers of CAPFs in line with Defence forces. Demands have also been received from some CAPFs that RMA should be exempted from the purview of income tax.

Analysis and Recommendations : Ration Money Allowance is revised periodically by Ministry of Defence and Ministry of Home for their personnel. Hence, it is proposed that status quo be maintained regarding the rates of this allowance.

However, regarding the admissibility of RMA, PBORs of CAPFs and Indian Coast Guard should be eligible to draw RMA irrespective of the place of posting (except when in receipt of the Detachment Allowance). Presently, officers of SSB who are posted in field areas at altitudes of less than 7000 feet are not eligible for RMA. This restriction of 7000 feet should be removed.

Regarding income tax exemption of RMA, the Commission, as part of its general approach, has refrained from making recommendations involving income tax. However, looking into the unique service conditions of CAPFs, the Commission is of the view that since RMA is granted in lieu of free rations, it should be exempt from income tax.

It is further recommended that the provision of free rations and the grant of Ration Money Allowance to officers of Defence forces posted in peace areas should be withdrawn.

7th CPC Report - Equal Pay for Equal Work

Equal Pay for Equal Work – 7th CPC Report

“Equal Pay for Equal Work  – Pay Matrix addresses these issues as well”

One recurrent theme in the representations of various associations relates to ‘equity’ or ‘Equal Pay for Equal Work.’

Ideally, the remuneration package should establish horizontal equity: employees should feel that their pay is comparable with the remuneration structure of similarly placed positions outside their organization. The employees should also feel that the pay structure shows linear progression pattern and thus the notion of vertical equity is also maintained.

The Pay Matrix addresses these issues as well. The Commission has designed the pay structure in such a manner that the pay progression recognises the importance of vertical relativities and also assigns a reasonable basis to such progression. This has been done by assigning a uniform fitment factor of 2.57.

The Commission feels that there is strong need to create a culture of performance in government – from establishing standards of performance, to measuring, and promoting people based on performance. To emphasize on the culture of performance, the Commission has recommended that all the non-performers in the system should be phased out after 20 years.

The Commission has recommended that Performance Related Pay should be introduced in the government and that all Bonus payments should necessarily be linked with productivity.

The various Central Services have contended that this edge given to the IAS and the IFS is iniquitous and violates the principle of ‘equal pay for equal work.’

They have pointed out that the Civil Services Examination (CSE) conducted by the UPSC is an examination that is common for recruitment to around 18 Group `A’ Services and that the choice of Service exercised by the candidates is based upon very many factors. It is not necessary that only the top-most go to the IAS. It has also been pointed out that officers of most of the Services are,

in their early years, posted to small places and are subjected to many transfers. Therefore, the grant of the edge is seen as unfair.

Analysis and Recommendations : This Commission has studied the entire issue and deliberated in detail on the issue in the Chapter 7.2. The Chairman has sought not only to retain the two increment edge within the proposed pay matrix for the IAS and Indian Foreign Service but also extended it to the Indian Police Service and the Indian Forest Service. Shri Vivek Rae, Member, Seventh CPC is not in agreement with extension of the edge in pay to the IPS and IFoS. Dr.Rathin Roy, Member, Seventh CPC is not in agreement with the concept of an edge in pay.

Ex-Servicemen Contributory Health Scheme

Ex-Servicemen Contributory Health Scheme

The Comptroller and Auditor General of India (CAG), in its report on implementation of Ex Servicemen Contributory Health Scheme (ECHS) during the year ending March, 2015 has made observations mainly relating to administration of the scheme by Central Organisation of Ex-Servicemen Contributory Health Scheme (CO, ECHS), functioning of the empanelled hospitals, budgetary and manpower matters, bringing out issues such as overcharging, anomalies in submission of bills and non-adherence to Memorandum of Agreement by empanelled hospitals, short supply of medicines in Polyclinics, non-disposal of expired medicines, diversion of ECHS funds for service personnel hospitals and shortage of manpower in ECHS Polyclinics etc.

Corrective steps taken / being taken to overcome the shortcomings / deficiencies include outsourcing of pharmacy, authorization of local chemists, enhancement of financial power of Officer in-charge of ECHS polyclinic to obviate the shortage of medicines, processing of medical bills of all 28 Regional Centres on-line as per rules, appropriate use of ECHS funds by the service hospitals, adherence to the terms and conditions of Memorandum of Agreement by the empanelled hospitals, recruitment of the manpower in ECHS polyclinics, de-duplication of ECHS smart cards etc.

This information was given by Minister of State for Defence Rao Inderjit Singh in a written reply to Shri MD Badaruddoza Khan and others in Lok Sabha today.

Source: PIB News

Healthcare, Education Facilities for NPPS Employees

Healthcare, Education Facilities for NPPS Employees

Facilities for NPPS employees

In respect of employees at the Nuclear Power Plant sites, healthcare facilities are provided to all the employees and their family members through Contributory Health Service Scheme (CHSS) of Department of Atomic Energy (DAE) through hospitals established by NPCIL/DAE at the Nuclear Power Plant sites and/or hospitals empanelled for the purpose. The wards of employees are provided education facility upto 12th standard through Atomic Energy Central Schools (AECS) managed by Atomic Energy Education Society (AEES), an autonomous grant-in-aid institution of DAE.

With regard to people living in the vicinity of Nuclear Power Plants, NPCIL has been contributing in the areas of education, healthcare and infrastructure & skill development through its Corporate Social Responsibility (CSR) and Neighborhood Development Programme (NDP). NPCIL is running primary health centers through NGOs and providing Out Patient (OPD) services. It also runs Mobile Medical Vans and conducts free medical camps. It has also upgraded several primary health centers and provided medical equipment, ambulances, prosthetic aids etc. A multi-specialty hospital is being set up at Kudankulam, Tamil Nadu under the Neighborhood Development Programme. In respect of education, school buildings have been constructed, improvements made in existing buildings, provisions for drinking water and toilet blocks made, educational aids including books, computers, bags & uniforms distributed and scholarships provided for meritorious students in neighborhoods of nuclear power plants.

NPCIL extends support for infrastructure around nuclear power plants like construction of roads, bridges, school buildings, drinking water schemes, water tanks, bore wells, community centres, crematoria, multi-purpose halls solar street lights etc. In the last two years and the current year, infrastructure projects totaling to about Rs. 67 crore have been planned.

This information was provided by the Union Minister of State (Independent Charge) Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh in a reply to an unstarred question in Lok Sabha today.

Source: PIB News

Tax on Provident Fund withdrawn

Tax on Provident Fund withdrawn

The Centre has withdrawn its proposal to impose tax on Employee Provident Fund (EPF) withdrawals.

From the very beginning, Central Government Employees unions all over the country have been opposing the government’s decision to impose tax on the money that they had been saving during their entire careers. After the Union Budget, the Central Government workers unions vehemently opposed the plan.

On February 29,  Arun Jaitley, the Finance Minister, presented the Union Budget for 2016-17 in the Parliament. It was announced that tax will be imposed on 60 percent of the EPF. The decision was met with stiff opposition all over the country. The opposition parties demanded that the tax on Provident Fund be withdrawn.

Arun Jaitley informed that decision in this regard will be made during the debates on the Budget. Accordingly, during the Parliamentary debate yesterday, Arun Jaitley voluntarily announced the decision to withdraw the taxes on Provident Fund. He added that tax exemption for Rs.1.5 lakhs will be given for the contribution made for pension funds.

The decision to exempt 40 percent of the PF funds from taxes stays. When the government made the announcement to impose taxes, the opposition parties and trade unions all over the country accused it of imposing new taxes whenever it faced cash crunch.

The government had clarified that the decision to impose tax on PF savings was not meant for increasing the revenue of the government, but to encourage workers to join pension schemes. But, it has now announced that the tax has been withdrawn.

Members of the Parliament have welcomed the government’s decision to withdraw the taxes on PF savings. It has to be mentioned here that Arun Jaitley, in his statement, had said that the taxes will encourage people to save more.

Congress Vice President, Rahul Gandhi said that the government has succumbed to the pressure from the people and has withdrawn the taxes on PF savings.

NJCA has decided to defer strike date to 11th July, 2016 due to elections in five states

NJCA has decided to defer strike date to 11th July, 2016 due to elections in five states

National Joint Council of Action

4, State Entry Road, New Delhi – 110055

No.NJC/2016/7th CPC

March 7, 2016

To

All Constituents of NJCA

Dear Comrade,

The NJCA met today and reviewed the discussion in the meeting of Empowered Committee of Secretaries presided by the Cabinet Secretary on 1st March 2016 where-in the Cabinet Secretary had requested for more time to arrive at conclusions on the charter of demands raised by the Staff Side.

The meeting also considered the situation in the aftermath of the coming into effect of the Code of Conduct with the declaration of election schedule in 5 State Assemblies and the fact that there will be polling on 11th April 2016 in West Bengal and Assam.

The meeting, therefore, came to the conclusion that it will not be feasible for us to stick to the date of strike as 11th April 2016. Considering the fact that as per section 22 of the Industrial Dispute Act, 1947 with regard to the validity of the strike notice which is not more than six weeks from the date of serving the strike notice, it was also felt that we may have to revisit the issue of serving the notice for strike afresh.

Considering all the above aspects, the meeting took the following decisions”

I. The indefinite strike shall commence from 6 am on 11th July 2016

2. The strike Notice would be served on 9th June 2016.

3. Massive demonstrations shall be held in all work place on 11th March 2016 in support of the charter of demands and strike decision.

4. The decision of the NJCA would be communicated to the Cabinet Secretary.

Detailed mobilization programmes would be given later on.

With greetings

Yours faithfully,

(Shiva Gopal Mishra)

Convener

Source: www.ncjcmstaffside.com

NFIR writes to PM to withdraw of Budget proposal to levy Income Tax on Provident Fund

NFIR writes to PM to withdraw of Budget proposal to levy Income Tax on Provident Fund

Serious resentment among employees against Budget proposal to levy Income Tax on withdrawal of 60% of provident Fund

NFIR

National Federation of Indian Railwaymen

3, CHELMSFORD ROAD, NEW DELHI – 110 055

Dated: 05/03/2016

Shri Narendra Modiji

Hon’ble Prime Minister of India,

152, South Block,

Raisina Hill

New Delhi – 110011

Sub: Serious resentment among employees against Budget proposal to levy Income Tax on withdrawal of 60% of provident Fund – reg.

The employees in general and Rail Workforce in particular are extremely unhappy over the Budget proposal presented by the Hon’ble Finance Minister to impose Income Tax on 60% of Provident Fund withdrawals. This proposal if enforced would cause harm to the workers at their fag end of service on superannuation.

Hon’ble Prime Minister may please appreciate that the employee withdraws his/her legitimate Provident Fund for meeting the requirements of Children Education, Construction of house or for the purpose of performing marriages of children. Levying Income Tax on these

withdrawals that too when the Provident Fund amount is recognized to be the property of the worker, would be unethical. The employees are deeply disappointed over the Budget proposal to impose Income Tax on P.F. withdrawal.

NFIR, therefore appeals to the Hon’ble Prime Minister to kindly intervene and see that the above proposal is reconsidered and withdrawn in the interest of industrial peace in the Country.

Yours sincerely,

sd/-

(Dr.M.Raghavaiah)

General Secretary

Source: NFIR

Centre decides to withdraw tax on Provident Fund

Centre decides to withdraw tax on Provident Fund

News have surfaced that the Prime Minister has instructed the Finance Minister to put a hold on the proposed plan to impose taxes on PF withdrawals. Finance Minister Arun Jaitley is expected to make an official announcement in this regard shortly.

Employee unions all over the country have been vehemently opposing the proposed tax on the withdrawals made on the most important savings of a worker, from the moment the announcement was made. Most employees depend on their provident fund savings to meet some of the most important expenses of their lives, like medical, marriages, building a house, etc. The decision to impose tax on these withdrawals was condemned by all.

Jaitley had announced a tax on 60 percent of the Employee Provident Fund, and Public Provident Fund. The government has now said that they had planned to impose tax only on the PF Interest. But, there was strong opposition for this too. Demands were made to withdraw this tax.

According to information available, Jaitley had informed at the meeting of the MPs that the Prime Minister will have to decide on this. Meanwhile, the Prime Minister has recommended the Finance Minister to stop the tax on the PF withdrawals, and to conduct a thorough study on this. Arun Jaitley is expected to take the required action after consulting with the officials of his ministry. The Prime Minister’s intervention has restored the peace of mind of more than 60 lakh Government employees.

7th Pay Commission expressed its regret about transition from OPS to NPS

7th Pay Commission expressed its regret about transition from OPS to NPS

7th Pay Commission expressed its regret about transition from Old Pension Scheme to New Pension Scheme in its report.

2004-2011 Entrants : Government employees who have joined service between 2004 and 2011 have suffered due to delay in finalizing the structure of the NPS and the issue of detailed instructions. Although they have made regular contributions, in many cases, this money and/or counterpart contributions were not deployed in the market. In the case of AIS officers, some states are yet  to release counterpart contributions or pay interest on delayed contributions. This has led to a situation where the accumulated corpus even after 11 years of service could be meagre. It is necessary that this situation which arose during the transition from OPS to NPS be addressed.

The Commission therefore recommends that Central Governments and State Governments should, in a time bound manner, ensure that all the due contribution along with compounded interest, where contributions have been delayed, be deposited in the accounts of the beneficiaries. Advisories should be issued to the State Governments to deposit amounts, if not already done, in respect of NPS beneficiaries belonging to All India Services.

Many Association have pointed out that unlike the facility under GPF, it is not possible to make withdrawals under NPS, even to meet obligatory social expenditure. This forces employees towards increased indebtedness as they have to borrow from elsewhere.

The Commission notes that under the NPS Tier-I account, a subscriber is permitted to make partial withdrawal of twenty five percent of the contributions made to his/her individual pension account for certain specified purposes. Such withdrawals are permitted a maximum of three times during the entire tenure of subscription and a period of at least five years should have elapsed between two such withdrawals.

The Commission further notes that there exists a voluntary Tier-II account. Under this account, a subscriber can, at any time, withdraw the accumulated wealth either in full or part and there is no limit on such withdrawals provided the account has sufficient balance of accumulated pension wealth to cover the amount being withdrawn. However, the Tier-II account is yet to be made operational. The Commission therefore recommends that PFRDA should take steps to make the Tier-II accounts operational as early as possible to enable the NPS subscribers the facility of withdrawals from their accounts in case of requirement.

Transparency under NPS : Many associations and individuals have complained that the information relating to the NPS is inadequate, resulting in high degree of uncertainty in the minds of contributors about post-retirement benefits. The Commission noted that PFRDA sends a communication to every participant each month with the current pension wealth and the latest contribution that has been credited. The Commission recommends that focused efforts be made to capture email addresses and mobile numbers of subscribers so that seamless communication is ensured for all subscribers. The Commission recommends that consultation with stakeholders should also be held periodically in different parts of the country.

The Commission notes that no department of Government of India is taking ownership of the NPS. The Commission recommends that a Committee consisting of Secretary, Department of Financial Services, Secretary, Department of Pensions and Pensioners Welfare and Secretary, Department of Administrative Reforms and Public Grievances may be constituted to review the progress of implementation of NPS. The Commission also recommends that steps should be taken for establishment of an Ombudsman for redressing individual grievances relating to NPS.

Tax Treatment under the NPS : NPS is under the Exempt–Exempt – Tax (EET) regime while the General Provident Fund under the OPS is under Exempt–Exempt–Exempt (EEE) dispensation. Under the NPS, while the contributions and the accumulations are tax-exempt, withdrawals are taxable. As such, this is an inferior tax treatment when compared to other pension programmes such as General Provident Fund, Contributory Provident Fund, Employees Provident Fund and Public Provident Fund wherein contributions, accumulations and withdrawals are tax-exempt.

The Commission feels that tax neutrality should be ensured across various avenues for long term savings for post retirement incomes so that the employees covered by NPS are not at a disadvantage. The Commission therefore recommends that withdrawals under the NPS should be tax-exempt to place NPS at par with other pension schemes. The Commission also recommends that the service tax levied at the time of annuity purchase by NPS subscribers should be exempted.

Outcome of meeting with Cabinet Secretary held on 01-03-2016 – Confederation

Outcome of meeting with Cabinet Secretary – Confederation

MEETING WITH CABINET SECRETARY

———-Empowered Committee of Secretaries headed by Cabinet Secretary has held first round of discussion with JCM National Council Standing Committee members on strike Charter of demands on 1st March 2016. Staff Side explained the justification of each and every demand and conveyed the large scale resentment among the Central Government Employees to the Cabinet Secretary . Cabinet Secretary has not made any commitment on any demand. He informed that this is only a preliminary interaction with the Staff Side.

Com. M. Raghavaiyya Leader Staff Side, Com. Shiva Gopal Mishra Secretary Staff Side and other Standing Committee members attended.

Confederation was represented by Coms. KKN Kutty , M. Krishnan & M.S. Raja .

Meeting commenced at 0645 P.M. & ended at 0845 P.M.

M. Krishnan 

Secretary General Confederation.

Source: Confederation

Key Features of Auuual Budget 2016-2017 : Official pdf Download

Key Features of Budget 2016-2017 : Official pdf Download

Key Features of Budget 2016-2017

INTRODUCTION : Growth of Economy accelerated to 7.6% in 2015-16

CHALLENGES IN 2016-17 : Risks of further global slowdown and turbulence.

ROADMAP & PRIORITIES :  ‘Transform India’ to have a significant impact on economy and lives of people

AGRICULTURE AND FARMERS’ WELFARE : Allocation for Agriculture and Farmers’ welfare is Rs. 35,984 crore

RURAL SECTOR : Allocation for rural sector – Rs.87,765 crore.

SOCIAL SECTOR INCLUDING HEALTH CARE : Allocation for social sector including education and health care – Rs.1,51,581 crore.

EDUCATION, SKILLS AND JOB CREATION : 62 new Navodaya Vidyalayas will be opened

SKILL DEVELOPMENT : Allocation for skill development – Rs. 1804. crore.

JOB CREATION : GoI will pay contribution of 8.33% for of all new employees enrolling in EPFO for the first three years of their employment. Budget provision of Rs. 1000 crore for this scheme

INFRASTRUCTURE AND INVESTMENT : Total investment in the road sector, including PMGSY allocation, would be Rs. 97,000 crore during 2016-17.

FINANCIAL SECTOR REFORMS  : A comprehensive Code on Resolution of Financial Firms to be introduced.

GOVERNANCE AND EASE OF DOING BUSINESS : A Task Force has been constituted for rationalisation of human resources in various Ministries

FISCAL DISCIPLINE : Fiscal deficit in RE 2015-16 and BE 2016-17 retained at 3.9% and 3.5%

RELIEF TO SMALL TAX PAYERS : Raise the ceiling of tax rebate under section 87A fromRs. 2000 to Rs. 5000 to lessen tax burden on individuals with income upto Rs.5 laks

BOOST EMPLOYMENT AND GROWTH : Increase the turnover limit under Presumptive taxation scheme under section 44AD of the Income Tax Act to Rs. 2 crores to bring big relief to a large number of assessees in the MSME category.

MAKE IN INDIA : Changes in customs and excise duty rates on certain inputs to reduce costs and improve competitiveness of domestic industry

MOVING TOWARDS A PENSIONED SOCIETY : Withdrawal up to 40% of the corpus at the time of retirement to be tax exempt in the case of National Pension Scheme (NPS).

PROMOTING AFFORDABLE HOUSING : 100% deduction for profits to an undertaking in housing project for flats upto 30 sq. metres in four metro cities and 60 sq. metres in other cities

RESOURCE MOBILIZATION FOR AGRICULTURE, RURAL ECONOMY AND CLEAN ENVIRONMENT : Additional tax at the rate of 10% of gross amount of dividend will be payable by the recipients receiving dividend in excess of Rs.10 lakh per annum

PROVIDING CERTAINITY IN TAXATION : Committed to providing a stable and predictable taxation regime and reduce black money.

SIMPLIFICATION AND RATIONALIZATION OF TAXES : 13 cesses, levied by various Ministries in which revenue collection is less than ` 50 crore in a year to be abolished.

TECHNOLOGY FOR ACCOUNTABILITY : Expansion in the scope of e-assessments to all assessees in 7 mega cities in the coming years.

Authority: www.indiabudget.nic.in/

House Rent Paid : 80GG has also been raised to 60,000 from 24,000

House Rent Paid : 80GG has also been raised to 60,000 from 24,000 

The limit of deduction of house rent paid under section 80GG has also been raised to Rs. 60,000 from the existing Rs. 24,000 per annum to give relief to employees who live in rented houses.

Certain Tax Reliefs announced for small tax payers and others

While presenting the General Budget 2016-17 in Lok Sabha here today, the Union Finance Minister Shri Arun Jaitley said that the taxation is a major tool available to Government for removing poverty and inequality and this has to be cautiously exercised. But, he would like to give relief to small tax payers, the Finance Minister added.

Thus the ceiling of tax rebate under Section 87A of IT Act has been proposed to be raised to Rs. 5,000 from Rs. 2,000 for individuals with income less than Rs. 5 lakhs. He said that above 2 crore tax payers would get a relief of Rs. 3,000. The limit of deduction of house rent paid under section 80GG has also been raised to Rs. 60,000 from the existing Rs. 24,000 per annum to give relief to employees who live in rented houses.

Under the presumptive taxation scheme under Section 44AD of the Income tax Act, the limit of turnover or gross receipts has been raised to two crore rupees from the exiting one crore rupees to benefit about 33 lakh small business people. It frees a large number of such assesses in the MSME category from the burden of maintaining detailed books of account and getting audit done.

The presumptive taxation scheme is to be now extended to professionals with gross receipts up to Rs. 50 lakh with the presumption of profit being 50% of the gross receipts.