Finance Ministry issued orders for the payment of Dearness Allowance at revised rates from 1.7.2014

Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 01.07.2014

F.No.1/2/2014-E.II (B)

Government of India

Ministry of Finance

Department of Expenditure

North Block, New Delhi

Dated: 18th September, 2014.

OFFICE MEMORANDUM

Subject:- Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 01.07.2014.

The undersigned is directed to refer to this Ministry’s Office Memorandum No.1/1/2014-E.II(B) dated 27th March, 2014 on the subject mentioned above and to say that the President is pleased to decide that the Deamess Allowance payable to Central Government employees shall be enhanced from the existing rate of 100% to 107% with effect from 1st July, 2014.

2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No. 1(3)/2008-E.II(B) dated 29th August, 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 Central Government employees.

4. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

5. In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.

sd/-

(A. Bhattacharya)

Under Secretary to the Govt. of India

Source: www.finmin.nic.in
[http://finmin.nic.in/the_ministry/dept_expenditure/notification/da/da01072014.pdf]

General Provident Fund (GPF) – Employee Provident Fund (EPF)

General Provident Fund (GPF) – Employee Provident Fund (EPF)

The Provident Fund for Central Government employees is known as General Provident Fund (GPF). The scheme is not available for those who were appointed after 01.01.2014. They come under the newly formed National Pension Scheme.

Salaried employees are eligible for Employee Provident Fund. Under this scheme, 12% of the employee’s basic salary and D.A is deducted for savings. The employer pays the same amount into the employee’s account.

Currently, the salary limits for P.F. deductions have been raised from Rs. 5,000 to Rs. 15,000. In other words, if an employee earns Rs. 20,000 per month, then, at most, for Rs. 6,500, he would have had a PF deduction of 12%, i.e., Rs.780. Now, it has been raised to Rs. 1,800. The employer too will pay an equal amount. Of the 12% that the employer pays, 8.33% is taken for the PF pension and the remaining 3.36% goes into the PF account. Until now, a maximum Rs. 541 was being deducted for the pension fund. Now, that has been increased to Rs. 1,249.

The EPFO grants pension to retired employees of the private sector. The Centre has raised the minimum monthly pension issued by EPFO to Rs. 1,000. More than 50 lakh employees will benefit from this.

Source : www.employeesnews.net

CBEC issued cadre review notification

CBEC issued cadre review notification

                                         Customs & Central Excise Cadre Review

Board has issued CR NT Formations notifying the jurisdiction of all formations and the date of their effect.

The date of effect is 15-10-2014. So all the new Formations (new Commissionerates, Directorates, present Commissionerates reorganised and designated authorities) will take effect from 15-10-2014.

View the CBEC Notification dated 16th Sep’14

Source: http://paycommissionupdate.blogspot.in/

7th Pay Commission’s visit to Mussoorie/Dehradun

7th Pay Commission’s visit to Mussoorie/Dehradun

The commission has, in its first phase of interaction, been seeking the views of various stakeholders on its terms of reference. To this end, meetings have been held in Delhi with various organisations and heads of various agencies.

In its second phase of interaction, the Commission has started holding meetings in different parts of the country to facilitate stakeholders staying in various areas to present their views personally before the Commission and ensure larger representation. This exercise is being undertaken to enable the Commission to get a first-hand impression about the functioning and the condition of service prevailing in different parts of the country.

Accordingly, the Commission, headed by its Chairman, Justice Shri A. K. Mathur, proposes to visit Mussoorie/Dehradun between 8th October and 10th October 2014. The Commission would like to invite various entities/associations/federations representing any/all categories of employees covered by the terms of Reference of the Commission to present their views.
Your request for a meeting with the Commission may be sent through e-mail to the Secretary, 7th Central Pay Commission at secy-7cpc@nic.in. The memorandum already submitted by the requesting entity may also be sent as an attachment with this e-mail.

The last date for receiving request for meeting is 30th September, 2014 (1700 hours).

Source: http://7cpc.india.gov.in/400

Meetings held by 7th Pay Commission (as on 17.09.2014)

Meetings held by 7th Pay Commission (as on 17.09.2014)

Meetings held by 7th CPC (as on 17.09.2014)

Date	Meeting with
17.09.2014	Aviation Research Centre
16.09.2014	RPF Group ‘A’ Officers, IIM Bangalore
15.09.2014	Disabled War Veterans (DISWAVE) Association, DG Bureau of Police Research and Development
26.08.2014	At Bangalore: IAS Officers’ Association, IPS Officers’ Association, IFS Officers’ Association
25.08.2014	At Bangalore: IIM Bangalore, ISRO
24.08.2014	At Bangalore: Army Base Workshop (EME) Diploma Holders Association, Bangalore, Air Force Store Keepers Association, All India NCC Defence Civilian Employees Association, Confederation of Central Government Employees and Workers – Karnataka State, Atomic Energy Employees Federation, All India Central Excise Inspectors Association, The Indian Hospital Pharmacist Association, The Indian Railway Loco Pilot Association, South Western Railways Engineers Association, Railway Wheel Factory, South Western Railway Employees Sangh, All India DRDO Personal Staff Association, DoS Pensioners Forum, Central Government Pensioners Association, Indian Institute of Horticulture Research Employees’ Association, NIMHANS, Veterans Association
21.08.2014	Physiotherapy Forum; Indian Ordnance Factories Group’B’ Gazetted Officers Association
20.08.2014	Commissioner, Kendriya Vidyalaya Sangathan; Commissioner, Navodaya Vidyalaya Sangathan
24.07.2014	Confederation of Central Government Gazetted Officers Association; National Ex-Servicemen Co-ordination Committee; Indian Ex-Services League
23.07.2014	Bharat Central Pensioners Federation; Bharat Pensioners Samaj; Group ‘B’ Indian Information Service Association; Indian Postal Service Officers Association; DANICS Officers Association; Group ‘B’ Indian Ordnance Gazetted Officers Association
22.07.2014	Police Commissioner, Delhi; DG Coast Guard; IOFS Officers Association
21.07.2014	Director, IB; Director, CBI; Director, RAW
19.06.2014	Indian Economic Service Officers Association; Indian Statistical Service Officers Association; IFS Officers Association; DGs of CAPFs (BSF+ITBP+Assam Rifles+Sashastra Seema Suraksha Bal); DGs of CAPFs (CISF+CRPF+NSC)
18.06.2014	IFS Officers Association; PFRDA; Officers of Department of Financial Services, MOF; Officers of Department of Pension & Pensioners Welfare; P&T Finance Accounts Gr.A Officers Association; IRAS Officers Association; Central Health Service Association
17.06.2014	IAS Officers’ Association; Central Engineering Services Officers’ Association (Water+Power+Architecture); Central Engineering Services Officers’ Association (Civil+Electrical+Mechanical+Road Transport+Telecom); Income Tax Officers’ Association; Custom Officers Association; Central Excise Officers Association
16.06.2014	IPS Officers’ Association; Representative of Pay Commission cells of Army, Navy and Airforce; Indian Audit and Accounts Service Association; Cost Accounts Association; Civil Accounts Association; Federation of Railway Officers

Source: http://7cpc.india.gov.in/