Auction for Sale (Re-issue) of Government Stocks

Auction for Sale (Re-issue) of Government Stocks

Ministry of Finance

The Government of India have announced the Sale (re-issue) of (i) “7.68 per cent Government Stock 2023” for a notified amount of Rs. 3,000 crore (nominal) through price based auction, (ii) “7.59 per cent Government Stock 2026” for a notified amount of Rs. 8,000 crore (nominal) through price based auction, (iii) “7.73 per cent Government Stock 2034” for a notified amount of Rs. 2,000 crore (nominal) through price based auction, and (iv) “8.13 per cent Government Stock 2045” for a notified amount of Rs. 2,000 crore (nominal) through price based auction. The auctions will be conducted using multiple price method. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on April 07, 2016 (Thursday).

Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.
Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on April 07, 2016. The non-competitive bids should be submitted between 10.30 a.m. and 11.30 a.m. and the competitive bids should be submitted between 10.30 a.m. and 12.00 noon.

The result of the auctions will be announced on April 07, 2016 and payment by successful bidders will be April 11, 2016 (Monday).

The Stocks will be eligible for “When Issued” trading in accordance with the guidelines on ‘When Issued transactions in Central Government Securities’ issued by the Reserve Bank of India vide circular No. RBI/2006-07/178 dated November 16, 2006 as amended from time to time.

PIB

Release of E-filing of Income Tax Returns (ITR) and other forms

Release of E-filing of Income Tax Returns (ITR) and other forms

In pursuance of the Notification of the Income Tax Returns (ITR) for AY 2016-17 on March 31st, 2016, Central Board of Direct Taxes (CBDT) announces the release of electronic filing of ITRs 1 and 4S on its website https://incometaxindiaefiling.gov.in. Other ITRs will be e-enabled shortly.

Online filing of Appeal before Commissioner (Appeal) using newly notified Form 35 has been enabled for taxpayers mandated to E-file their returns using Digital Signature Certificate. Electronic Verification Code (EVC) option will be available shortly for other category of taxpayers. Reference may be made to Notification 11/2016 dated March 1, 2016 for the various categories of taxpayers required to file appeal online.

In pursuance of Notification No 93/2016 dated 16th Dec 2015, effective from 1April 2016, the following forms have been substituted by new forms and are now available for E-filing:

1. Form 15CA -payments to a non-resident not being a company, or to a foreign company,
2. Form 15CB-Certificate of an accountant,
3. Form 15CC -Quarterly statement

Vide Notification No 3/2016 dated 14th Jan 2016, CBDT had substituted with effect from 1 April 2016, Forms 9A (Application for exercise of option under clause (2) of the Explanation to sub-section
(1) of section 11 of the Income tax Act, 1961) and Form 10 (Statement to be furnished to the Assessing Officer/Prescribed Authority under sub-section (2) of section 11 of the Income tax Act, 1961). These forms can be filed online using Digital Signature Certificate on the Income Tax Department’s e-filing website. EVC option will be available shortly.

PIB

Procedure of Printing of CGHS Cards by CGHS Beneficiaries – CGHS Orders on 31.3.2016

Procedure of Printing of CGHS Cards by CGHS Beneficiaries – CGHS Orders on 31.3.2016

SELF PRINTING OF CGHS CARDS BY CGHS BENEFICIARIES

F.No. Z.15025/1/2016/DIR/CGHS

Government of India
Ministry of Health and Family Welfare
Directorate General of CGHS

Nirman Bhawan, New Delhi-110011
Dated: 31st March, 2016

OFFICE MEMORANDUM

Subject: Self-printing of CGHS Card

This is with reference to the above subject.

2. CGHS is pleased to announce a new initiative by which its beneficiaries can now print their own cards at their convenience. This facility for self-printing is applicable for those beneficiaries whose CGHS membership has already been approved by the concerned Additional Director.

3. The steps involved in printing of the card are given below:

Visit CGHS portal cghs.nic.in
Click ‘Beneficiary Login’
Enter Ben ID and Password, and sign in.
In case the beneficiary does not have a password or has forgotten it, then click on ‘Generate Password’ and follow the instructions.
Click ‘Print Card’ for the beneficiary whose card needs to be printed.
Enter the One Time Password (OTP) sent on registered mobile.
Click ‘Print CGHS Card’
A message will appear on the screen requesting to take a coloured printout and get the card laminated. Click ‘OK’
Download or open the CGHS card in PDF format.
Print the CGHS card using Print command.

4. The introduction of this facility may kindly be given due publicity.

sd/-
(Dr. D.C. Joshi)
Director, CGHS

Click to view the order
Authority: www.http://msotransparent.nic.in

Defence Pension Adalat on 7th and 8th April 2016 – PCDA

PCDA Adalat Pune – Satara from 7th – 8th April, 2016 – followed by a mobile pension camp at Satara on 9th April, 2016.

Defence Pension Adalat is scheduled to be held Adalat at ‘Dhanvantri’ Auditorium, AFMC, Pune.

Notice

A Defence Pension Adalat, 139th in the series of Adalats held by the Defence Accounts Department, is being held at Pune from 7th – 8th April, 2016, followed by a mobile pension camp at Satara on 9th April, 2016. The Defence Pension Adalat at Pune – Satara is being organized by the PCDA (P) Allahabad.

The Nodal Officer details for the Defence Pension Adalat Pune-Satara are as follows:

    Nodal Officer : Shri Ashish Sen, Sr.A.O.
    O/o PCDA (P) Allahabad
    Tel/Fax No : 0532 – 2421873; 2420330
    Mob. No : 09415145879
    Email ID : cda-albd@nic.in

All concerned are requested to take a note of the Adalat schedule and forward their pension related application/queries to the nodal officer under PCDA (Pension). The venue of the Adalat is ‘Dhanvantri’ Auditorium, AFMC, Pune.

The Defence Pension Adalat at Pune is likely to be inaugurated by Hon’ble Raksha Mantri on 7th April 2016.

Click to view the Notice

Stepping up of pay of Seniors drawing less pay than the Juniors: Railways

Stepping up  of pay  of  Seniors drawing less pay than  the  Juniors consequent on  fixation of pay  due to  implementation of 6th CPC recommendations between Direct Recruits and Promotees

Railways Board circular on stepping up of pay of seniors who are drawing less pay than Juniors.

GOVERNMENT OF INDIA

MINISTRY OF RAILWAYS

RAILWAY BOARD

No. PC-VI/2010/1/RSRP/1

New Delhi, Dated: 22.03.2016

The General Secretary, NFIR,
3, Chelmsford Road,
New Delhi-110055

Sub: Stepping up  of pay of Seniors drawing less pay than  the  Juniors consequent on  fixation of pay  due to  implementation of  6th CPC recommendations between Direct Recruits and Promotees – item no. 8 and para  no. 20 &  21 of the Record Note of the meeting of the Standing Committee of National Council JCM held on 11th  May 2014.

Ref: NFIR’s letter No. IV/NFIR/6th CPC/Main10/Pt.11 dated 02.03.2016.

Dear Sir,
In context to NFIR’s  letter under reference on stated that  instructions regarding stepping up of pay of senior promotees – with reference to such of their directly recruited Juniors; whose basic pay is more than that of their Seniors have already been issued by Ministry of Railways vide Board’s letter No.PC-VI/2010/I/RSRP/1 dated 17.02.2010 (copy enclosed for ready reference).

Yours faithfully,

For Secretary, Railway Board

Download Railway Board letter No. PC-VI/2010/1/RSRP/1 dated 22.03.2016

Brief of the 4th meeting of the Empowered Committee of Secretaries(ECoS) held on 30.03.2016 to discuss the recommendations of the VII CPC

Brief of the 4th meeting of the Empowered Committee of Secretaries(ECoS) held on 30.03.2016 to discuss the recommendations of the VII CPC

A.I.R.F
All India Railwaymen’s Federation

No.AIRF/405(VII CPC)

Dated: March 30, 2016

The General Secretaries,

All Affiliated Unions,

Dear Comrades,

Sub: Brief of the 4th meeting of the Empowered Committee of Secretaries(ECoS) held on 30.03.2016 to discuss the recommendations of the VII CPC

The 4th meeting of the Empowered Committee of the Secretaries(ECoS) was held today under the Chairmanship of the Cabinet Secretary, Government of India, to discuss the recommendations of the VII CPC.

The meeting was held in a cordial manner on the general issues related to VII CPC, viz. Minimum Wage, Multiplying Factor, NPS, Minimum three cadre promotions, Allowances & Advances, Child Care Leave to Women Employees, MACPS, etc.

Apart from this, we represented the arduous conditions under which railway employees are working and how many railwaymen are sacrificing their lives for smooth running of the Indian Railways and tried to prove that we are more important even to the Defence of the country.

We also discussed various issues where justified approach has not been done, particularly reg. Running Staff(one additional pay scale), Technicians(merger of Technician Gr. II with G. I in GP Rs.2800) and Technical Supervisors, Group `B’ status to Supervisory Staff, parity field staff with the Ministry Staff and other categorical problems.

Member Staff, Railway Board, was also present during the presentation made by the federations. Chairman, Railway Board, is also a member of the Empowered Committee along with other Secretaries of the Government of India.

This is for your information.

Yours faithfully,
sd/-
(Shiva Gopal Mishra)

General secretary

Source: AIRF

Welfare of Ex-Servicemen: State-wise details of ex-servicemen (ESM)

Welfare of Ex-Servicemen

State-wise details of ex-servicemen (ESM) in the country as on 31.12.2015 is as under:

TOTAL: 2447819

Details of schemes being implemented for welfare, rehabilitation and resettlement of ESM is as under:

TRAINING PROGRAMMES

Officers Training:

• 24 Weeks Management Courses at IIMs and other reputed B-Schools
• Modular management courses like Project Finance, Academic Institutions, Supply Chain, Retail, Six Sigma, Seafaring etc.
• Newly introduced courses for 2015-16 like Strategic Retail Management, Human Resource Management(HRM), Facility, Transition, Export and Import, Event Management etc, Corporate Social Responsibility and Jet Transition.
• Junior Commissioned Officers (JCOs)/Other (OR) and Equivalents’ Training at Institutes:
• Security, Fire & Industrial Safety, Computer & Information Technology including ‘O’ Level, Hospitality, Tourism, Agriculture based, Business Management, Modular Management, Vocational & Technical, Medical & Healthcare, Library & Information Science, Legal Assistant etc 
• Newly introduced courses for 2015-16 like Logistics & Transport Management, Retailing & Showroom, Corporate Office, Material Management, Marine Engineering etc.
• Courses at Regimental Centres:
• At least two courses are planned every month at all the Regimental Centres to provide variety of courses to the retirees on pension drill.

RE-EMPLOYMENT OPPORTUNITIES

Reservation in Government Jobs: The Central Government has provided for the following reservation for ESM for vacancies in the posts to be filled by direct recruitment:-

• 10% in Group ‘C’ posts and 20% in Group ‘D’ posts. In addition 4.5% reservation in each category is meant for Disabled Soldiers and Widows/ Dependents.
• 14.5% in Group ‘C’ and 24.5% Group ‘D’ posts in Public Sector Undertakings and Nationalized Banks.
• 10% posts upto Assistant Commandants in Paramilitary Forces.
• 100 % in Defence Security Corps.

Placement Assistance through DGR: Directorate General Resettlement (DGR) sponsors Ex-Servicemen (Officers) to various Government organizations, Public Sector Undertakings, Corporate Houses, Private Sector, Central Para Military Forces etc based on their requisition for re-employment of ESM. The DGR sponsored ESM are re-employed by the requisitioning agencies after due process of selection by them.

DGR sponsored security schemes:

SCHEMES OF SELF EMPLOYMENT

Schemes for Officers only:

• ESM Coal Loading and Transportation Scheme.
• Allotment of Bharat Petroleum Corporation Limited /Indian Oil Corporation Limited, Company Owned Company Operated Outlets PAN India.
•  Management of CNG Station by Ex-Servicemen (O) in National Capital Region.

Schemes for all:

• Coal Tipper Attachment Scheme.
• Allotment of Army Surplus Vehicles
• Allotment of Regular LPG Distributorship Scheme under ‘Government Personnel’ Category
• Allotment of Oil Product Agencies Under 8 % Defence Quota
• Allotment of LPG Agency Under Rajiv Gandhi Gramin LPG Vitran Yojna. 

Schemes for JCOs/OR Only:

• Allotment of Mother Dairy Milk Booths and Fruit & Vegetable (SAFAL) Shops in NCR.
•  Allotment of Milk Shops of Gopaljee Dairy Pvt. Ltd. in Delhi/Noida.
•  Allotment of KIOSKS/Retail outlet of Gopaljee Farm Fresh in Faridabad/NCR.

DETAILS OF BENEFITS GIVEN TO ESM AND THEIR FAMILIES IN THE COUNTRY

• Financial assistance for treatment of identified serious diseases
• Prime Minister’s Scholarship Scheme
• Financial support to institutions involved in rehabilitation of ESM
• Modified Scooter Grant
• Tool Kit of Ex-Servicemen Technicians
• Benefits given from Armed Forces Flag Day

Steps being taken to provide better opportunities to ESM are as under :-

• dissemination of information on Directorate General Resettlement (DGR) website regarding Open Competitive Examination for various posts, dates and syllabus etc.
• signing of a Memorandum of Understanding with Confederation of Indian Industries (CII) to conduct job fairs by Corporate Sectors to provide additional employment opportunities to ESM.
• hosting of job portal by DGR wherein ESM can upload their Bio-data and corporate/other sectors can approach them and pick as per their requirement.
• organizing ESM Job Fairs Pan India to provide an interface between Corporate & ESM.
• regular interaction with corporate houses to generate employment opportunities to ESM.
• Provision of opportunities to ESM through the corporate bodies like TATA Motors, AMAZON.com etc.

This information was given by Minister of State for Defence Rao Inderjit Singh in a written reply to Shri Rajeshbhai Chudasama in Lok Sabha today.

PIB

Civil Service officers present memorandum to Dr Jitendra Singh on 7th CPC report

Civil Service officers present memorandum to Dr Jitendra Singh on 7th CPC report

A delegation of Civil Service officers representing the “Confederation of Civil Service Associations” called on the Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh here and sought his intervention for implementing the recommendations of the 7th Central Pay Commission (CPC) report, so as to address their long standing grievance of discrimination vis-a-vis certain other All-India Services.

In a memorandum presented to the Minister yesterday, members of the delegation acknowledged that the 7th CPC, while recommending the status-quo, had addressed their long pending demand for “parity” with other services. But, the memorandum alleged that the main cause of resentment among the non-IAS Civil Service Officers was that all the senior level posts covering majority of Departments, be it technical or administrative, are today manned by IAS Officers, which is the main cause of grievance among the non-IAS Civil Service Officers. The memorandum called for giving equitable treatment to all the Services so that the gap between the IAS and other Services does not widen and lead to, what they described as, chaotic situation.

The memorandum claimed that the majority view in the 7th CPC was in favour of changing the status-quo on the issue of pay disparity also. They said, at present, there is a clear edge enjoyed by the IAS and Indian Foreign Service over other Services in terms of additional increments.

The memorandum requested that disparity in Pay may kindly be removed altogether. In addition, it also requested that the new system of cadre restructuring be adopted and a comprehensive cadre review may be undertaken by all Services so that officers can get promoted in time.

The memorandum also requested that in the Committee of Secretaries, appointed by the Government to examine the report of the 7th CPC, such members should be appointed who represent all different sections of stakeholders and may function with neutrality.

Dr Jitendra Singh gave the delegation a patient hearing and said that he will forward their case to the Union Finance Ministry.

PIB

Discontinuation of physical pre-printed NSC and KVP certificates

Discontinuation of physical pre-printed NSC and KVP certificates

F.No.1/04/2016-NS.II
Government of India
Ministry of Finance
Department of Economic Affairs (Budget Division)

North Block, New Delhi
Dated: 1st April, 2016

OFFICE MEMORANDUM

Subject: Discontinuation of physical pre-printed NSC and KVP certificates- reg.

The undersigned is directed to refer to this Department’s OM of even number dated 23`c March, 2016, through which guidelines regarding discontinuation of physical mode of National Savings Certificate and Kisan Vikas Patra certificate and introduction of e-mode were communicated. It was decided that the currently existing system of physical pre-printed certificates for KVP and NSC shall stand discontinued w.e.f. 1.4.2016 and shall be replaced by ‘National Savings Certificate/Kisan Vikas Patra Certificate on electronic — mode (e-mode). Till the CBS system transits to that e-mode, banks and post offices may choose to issue a physical certificate recorded on a passbook.

2. The serial numbers based on the new pattern allotted to the banks and the Department of Posts (DoP) with respect to KVP and NSC were detailed in the said OM. It is intimated that while issuing the certificate from 01.04.2016, Banks and Post Offices may use notification having G.S.R. No. 353 (E) dated 29.3.2016 for Kisan Vikas Patra and notification having G.S. R. No. 354 (E) dated 29.3.2016 for National Savings Certificate. It is intimated that these notifications are available on egazette.nic.in.

sd/-
(Sigy Thomas Vaidhyan)
Deputy Secretary (Budget)

Authority: www.finmin.nic.in

Cabinet likely to approve 7th Pay Commission award with increment

Cabinet likely to approve 7th Pay Commission award with increment

The cabinet is likely to approve the 7th pay commission award for central government employees in June for which the public exchequer will have to spend an additional amount of Rs 1.02 lakh crore.

However, there are no dearness allowance in their salary structure as the government recently announced 125 percent Dearness Allowance (DA) on which the pay panel recommended the 7th pay commission award.

Introducing a new provision of perks with the pay packet, the central government is also likely to give a increment, which is to be due in July, the month of implementation of pay commission recommendations for the central government employees, sources said.

The pay panel recommended minimum pay to Rs 18,000 per month from Rs 7,000, while the maximum pay has been recommended Rs 2.5 lakh per month from current Rs 90,000. It’s made a width pay gap discrimination between employees and higher officers from existing 1:12 to 1: 13.8.

The Empowered Committee of Secretaries is likely to propose minimum pay Rs 20,000 but central government employees unions demanded minimum pay Rs 26,000.

Under the pay scale the officers and employees will be entitled to House Rent Allowance (HRA) at the rate of 24 percent, 16 percent and 8 per cent of their new basic pays but it will be paid from the date of the Seventh pay commission award implementation. So no arrears will be paid in this segment.

The Commission also recommends that the rate of HRA will be revised to 27 percent, 18 percent and 9 percent respectively when DA crosses 50 percent, and further revised to 30 percent, 20 percent and 10 percent when DA crosses 100 percent.

So the HRA segment will rise dramatically more than 100 percent of the existing House Rent Allowance (HRA).

The pay as per the pay panel report was set at Rs 2.25 lakh for secretary-level officers. Accordingly, the House Rent Allowance (HRA) for secretaries would be more than Rs 56,000.

The report of the Seventh Pay Commission was presented to Finance Minister Arun Jaitley in November with a recommendation for 14.27 per cent increase in basic pay. The overall increase in salary, allowances and pensions is 23.55%. The increase in allowances will be higher by 63% while pensions will rise 24%.

The government set up a 13-member Empowered Committee of Secretaries (CoS) headed by Cabinet Secretary P K Sinha for processing the report of the Seventh Pay Commission before cabinet nod.
An Implementation Cell has been created in the Finance Ministry which works as the Secretariat of the Empowered Committee. All central government employees unions’ submitted their written demands in respect of seventh pay commission’s anomalies in the cell to review, which are under process.

The central government has also been provisioned Rs 70,000 crore in the Union Budget 2016-17 to meet the demand for the new pay commission award that will be made effective from January 2016.

TST