Monday, 28 September 2015

No Extension in Due Date of Filing of Returns and Audit Report - Income Tax Department

No Extension in Due Date of Filing of Returns and Audit Report – Clarified by Income Tax Department

No Extension in Due Date of Filing of Returns and Audit Report; Due Date Continues to be 30th September, 2015; Tax Payers and Practitioners are Advised not to give any Credence to any Fake or Fraudulent Order about Extension of Date

The Income Tax Department has clarified that circulation of Fake order dated 26.9.2015 for extension of due date for filing of Audit report and return of Income for Assessment Year 2015-16 is fraudulent. The Government has not extended the due date for filing of returns and audit report due by 30th September 2015. Tax payers and practitioners are advised not to give any credence to the fraudulent order.

It has been brought to the notice of the Government that a fake order dated 26th September 2015 supposedly under Section 119 of the Income-tax Act 1961 under the signature of one Upmanyu Reddy, Under Secretary to the Government of India is in circulation. The fake order extends the due date for filing of audit report under section 119 of the Income-tax Act to 15 October 2015.

It is clarified the order is fraudulent. The Government has not extended the due date for filing of returns and audit report due by 30th September 2015. Tax payer and practitioners are advised not to give any credence to the fraudulent order purportedly signed by one Upmanyu Reddy.

Saturday, 26 September 2015

Submission date of 7th Pay Commission Report to the Central Government – Review by karnatakacoc

Submission date of 7th Pay Commission Report to Central Government – Review by COC Karnataka

7th CPC report submission date.

Comrades,
There are lot of enquiries about the 7th CPC report submission. Let us examine the following facts.

1) The 7th CPC had issued following statement in July 2015 in its website http://7cpc.india.gov.in/ . Even today the same status is existing.

“Further to the memoranda received from a variety of Organisations, Federations, Groups representing civil employees in the Government of India as also from the Defence Services, the Commission has had fruitful and wide ranging discussions on relevant issues with all stakeholders. Such interactions have now been concluded. Valuable inputs have been received and the work of compilation and finalization of the report is underway, so that the Commission completes its task in the time frame given to it. Accordingly, any future requests for meeting with the Commission will not be entertained.”

This shows clearly that the 7th CPC wanted to present its report on 28th August 2015 itself with no extension of time.

2) On August 7, 2015 National Council (Staff Side) Secretary Comrade Shiva Gopal Mishraji met the Chairman, Seventh Central Pay Commission, Shri Ashok Kumar Mathur and Secretary, Mrs. Meena Agarwal. It was assumed that the report of the VII CPC, as was promised for 28th August this year, may be delayed by one month.

This shows that the 7th CPC was delayed only one month.

3) Many news papers including Danik Bhaskar, Times of India, NDTV CNN IBN, Hindu etc had reported that the 7th CPC will be submitting its report on 30th September 2015 itself.

4) The 7th CPC chairman had informed in a PTI interview Justice Ashok Kumar Mathurji had stated that “The Commission will submit its report by the end of September,”

5) The Hon’able Finance Minister had also informed the 7th CPC report will be submitted shortly.

6) The 7th Pay Commission has asked for a two month extension from the government. That the Commission is hoping that the government would take a call on One Rank One Pension, so they could modulate their own formulation in terms of pay revision. Now the one rank one pension issue has been resolved, but the formal orders are not issued, it will be issued only next month. After the issue of the ORBP orders then 7th Pay Commission will submit its report.

7) Now four month extension of term of 7th Central Pay Commission is made the Union Cabinet chaired by the Hon’able Prime Minister, gave its approval for the extension of the term of the 7th Central Pay Commission by four months up to 31.12.2015. The Government had issued notification on 8th September “The Commission will make its recommendations by 31st December, 2015. It may consider, if necessary, sending reports on any of the matters as and when the recommendations are finalized.”

8) Now the delay in submission of report and its implementation will be there and actual benefit of 7th CPC will occur only from April 2016. As Government will constitute its own committee to study the implementation of the 7th CPC report and issuing orders. It will benefit the Government as allowances effective date may be from April 2016 instead of January 2016.

9) When will the 7th CPC submit its report? There are three possibilities now on submission date.

a) If the 7th CPC feels that the assigned work has been completed it can submit its report any time, it’s only up to the 7th CPC and the Central Government. If the 7th CPC report is completed and ready for release as per paper reports then in these case the 7th CPC can directly submit its report to the Finance Ministry on 30th September without publishing the report in public due to Bihar elections. If election commission gives clearance then the 7th CPC report will be made public.

b) There is one more possibility is that the 7th CPC report will be submitted after Bihar elections ie after November 6th.

c) Last option is that report will be submitted only in December 2015 only.
We sincerely hope the 7th CPC report will be submitted at the earliest and the Central Government will implement the report at the earliest, so that the aspiration of the Central Government employees are taken care by the Central Government.

Comradely yours
(P.S.Prasad)

General Secretary

Friday, 25 September 2015

Payment of DA to Railway employees — Revised rates effective from 01.07.2015

Payment of Dearness Allowance to Railway employees — Revised rates effective from 01.07.2015

Government of India
Ministry of Railways
(Railway Board)

S.No. PC-VI/356

RBE NO. 115 /2015

No. PC-VI/2008/1/7/2/1

New Delhi, dated 24.09.2015

The GMs/CAO(R),
All Zonal Railways & Production Units,
(as per mailing list)

Sub: Payment of Dearness Allowance to Railway employees — Revised rates effective from 01.07.2015.

Please refer to this Ministry’s letter of even number dated 13.04.2015 (S.No. PC-VI/349, RBE No. 35/2015) on the subject mentioned above. The President is pleased to decide that the Dearness Allowance payable to Railway employees shall be enhanced from the existing rate of 113% to 119 % with effect from 1 st July, 2015.

2. The provisions contained in Paras 3, 4 & 5 of this Ministry’s letter of even number dated 09.09.2008 (S.No. PC-VI/3, RBE No. 106/2008) shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all railway employees. The payment of arrears of Dearness Allowance shall not be made before, the date of disbursement of salary of March, 2014. The arrears may be charged to the salary bill and no honorarium is payable for preparing separate bill for this purpose.

4. This issues with the concurrence of the Finance Directorate of the Ministry of Railways.

(M.K. Panda)
Jt. Director, Pay Commission
Railway Board

Authority : www.indianrailways.gov.in

Wednesday, 23 September 2015

50% DA Merger and Retirement age 58 : Rumor Spreading in Social Networks

50% DA Merger and Retirement age 58 : Rumor Spreading in Social Networks

Order for Merger of 50% DA, Retirement age news.

Recently rumour mill went overdrive in social media with the following news that

1. Central Government decided to merge 50% DA with basic pay with effect from 1.1.2015.

2. It went on to say that age of Retirement will be on completion of 33 Years of service or at the age of 58 Years whichever is earlier.

The 7th CPC is expected to submit its report shortly and due to Bihar elections the Central Government cannot take any policy decisions in this regard. Hence it is clarified that none of the above news are correct.

Highlights of 7th Pay Commission Report Spreads on Social Media and Leading Websites

Highlights of 7th Pay Commission Report Spreads on Social Media and Leading Websites

Rumors on 7th Pay Commission Report – Highlights of the report spreads on Social Media and Leading Websites

Photograph of 7th Pay Commission’s Document Spreads like Wildfire on Social Media

“A copy of one of the important letter pertaining to the 7th Pay Commission surfaced in the social media yesterday.”

A crucial document containing the signatures of four members, including the chairman and secretary of the 7th Pay Commission was released on the Social Media, creating a buzz. The document, titled “Report of Seventh Central Pay Commission Highlights” contained the seal of the Central Government, stated that it would be submitted on September 1, 2015. The report showed three pages of the document. At the end of it, there were signatures, along with names and designations of four members of the Pay Commission, including the chairman and secretary.

The document also contained the recommendations of Revised Pay Scale Structure for all groups of Central Government employees. In addition to abolishing the Grade Pay Structure, the new minimum pay scale has been fixed at Rs.21,200. There is also indicated to provide a six percent annual increment.

There is brief information on HRA, CEA, Pay Fixation and Increment. There is no information about the person/s who had released the document. Most importantly, the information provided in the document is hard to believe.

The 7th Pay Commission was all set to submit its report to the Central Government towards the end of September, but the Centre has given it an extension of four more months. According to the government, the decision was made after the committee requested for additional time to prepare the final report.

For the past few weeks, the curiosity of Central Government employees about the recommendations of the 7th Pay Commission has increased. This is reflected by the increased searches on the internet for any information on the new Pay Commission. They are eagerly reading up all kinds of reports, analysis, and comments on the recommendations of the 7th Pay Commission on topics like new pay scale, promotions, and revised allowances. They are also expressing their opinions on such articles.

There is nothing wrong in writing articles about the 7th Pay Commission based on personal opinions and aspirations. But, there is nothing funny about producing a fake document and releasing it on the internet.

Source: http://www.cgstaffnews.in

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