Thursday, 26 January 2017

Varishtha Pension Bima Yojana - 2017


Varishtha Pension Bima Yojana - 2017

Ministry of Finance
Press Information Bureau,
Government of India
24-January, 2017
Varishtha Pension Bima Yojana - 2017

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its post-facto approval for launching of Varishtha Pension Bima Yojana 2017 (VPBY 2017). It is a part of Government’s commitment for financial inclusion and social security.

The scheme will be implemented through Life Insurance Corporation of India (LIC) during the current financial year to provide social security during old age and protect elderly persons aged 60 years and above against a future fall in their interest income due to uncertain market conditions. The scheme will provide an assured pension based on a guaranteed rate of return of 8% per annum for ten years, with an option to opt for pension on a monthly / quarterly / halfyearly and annual basis. The differential return, i.e., the difference between the return generated by LIC and the assured return of 8% per annum would be borne by Government of India as subsidy on an annual basis.

VPBY-2017 is proposed to be open for subscription for a period of one year from the date of launch.

Cabinet approves a New Scheme for promotion of Rural Housing in the country


Cabinet approves a New Scheme for promotion of Rural Housing in the country

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved a new scheme for promotion of Rural Housing in the country. The Government would provide interest subsidy under the scheme. Interest subsidy would be available to every rural household who is not covered under the Pradhan Mantri Aawas Yojana (Grameen), PMAY(G).

The scheme would enable people in rural areas to construct new houses or add to their existing pucca houses to improve their dwelling units. The beneficiary who takes a loan under the scheme would be provided interest subsidy for loan amount upto Rs. 2 Lakhs.

National Housing Bank would implement the scheme. The Government would provide net present value of the interest subsidy of 3 percent to the National Housing Bank upfront which will, in turn, pass it to the Primary Lending Institutions (Scheduled Commercial Banks, NBFCs etc.). As a result the equated monthly installment (EMI) for the beneficiary would be reduced.

Under the scheme, the Government would also take necessary steps for proper convergence with PMAY-G including technical support to beneficiary through existing arrangements. The new scheme is expected to improve housing stock in the rural areas, as well as create employment opportunities in rural housing sector.

PIB

7th Pay Commission related demands - Central Government Employees Strike postponed to 16th March 2017


7th Pay Commission related demands - Central Government Employees Strike postponed to 16th March 2017 - Confederation communicates Strike postponment notice and Charter of Demands to Cabinet Secretary

Ref: Confdn/Strike/2016-19
Dated : 23rd January 2017
To,
The Cabinet Secretary
Cabinet Secretariat
Government of India

Sub:- Postponement of the one day strike from 15th February 2017 to 16th March 2017.
Ref:- Our strike notice dated 28.12.2016.

Kindly refer to the notice served by us on 28th December 2016, for one day strike of Central Government employees on15th February 2017. (copy enclosed for ready reference). This is to inform you that due to the notification of election to five state assemblies by the Elected Commission of India, the proposed strike on 15th February 2017 is postponed to 16th March 2017. The Charter of demands in pursuance of which the employees will embark upon the one-day strike action is enclosed.
Yours faithfully,
(M. Krishnan)
Secretary General
Mob: 09447068125
Central Government Employees Strike

CHARTER OF DEMANDS

1. Settle the demands raised by NJCA regarding modifications of 7th CPC recommendations as submitted in the memorandum to Cabinet Secretary on 10th December 2015. (See Annexure-I). Honour the assurance given by the Group of Ministers to NJCA on 30th June 2016 and 6th July 2016, especially increase in minimum wage and fitment factor. Grant revised HRA at the existing percentage itself i.e. 30%, 20% and 10%. Accept the proposal of the staff side regarding Transport Allowance. Settle all anomalies arising out of implementation of 7th CPC recommendations, in a time bound manner.

2. Implement option-I recommended by 7th CPC and accepted by the Government regarding parity in pension of pre-2016 pensioners, without any further delay. Settle the pension related issues raised by NJCA against item 13 of its memorandum submitted to Cabinet Secretary on 10th December 2015. (See Annexure-I).

3. Scrap PFRDA Act and New Pension System (NPS) and grant pension and Family Pension to all Central Government employees recruited after 01.01.2004, under CCS (Pension) Rules 1972.

4. Treat Gramin Dak Sewaks of Postal department as Civil Servants, and extend all benefits like pay, pension, allowances etc. of departmental employees to GDS. Publish GDS Committee report immediately.

5. Regularise all casual, contract, part-time, contingent and Daily rated mazdoors and grant equal pay and other benefits. Revise the wages as per 7th CPC minimum pay.

6. No Downsizing, Privatisation, outsourcing and contractorisation of Government functions.

7. Withdraw the arbitrary decision of the Government to enhance the bench mark for performance appraisal for promotion and financial upgradations under MACP from "GOOD" to VERY GOOD" and also decision to withhold annual increments in the case of those employees who are not able to meet the bench march either for MACP or for regular promotion within the first 20 years of service. Grant MACP pay fixation benefits on promotional hierarchy and not on pay-matrix hierarchy. Personnel promoted on the basis of examination should be treated as fresh entrants to the cadre for grant of MACP.

8. Withdraw the draconian FR 56 (J) and Rule 48 of CCs (Pension) Rules 1972 which is being misused as a short cut as purity measure to punish and victimize the employees.

9. Fill up all vacant posts including promotional posts in a time bound manner. Lift ban on creation
of posts. Undertake cadre Review to access the requirement of employees and their cadre prospects. Modify recruitment rules of Group-‘C’ cadre and make recruitment on Reginal basis.

10. Remove 5% ceiling on compassionate appointments and grant appointment in all deserving cases.

11. Grant five promotions in the service carreer to all Central Govt. employees.

12. Abolish and upgrade all Lower Division Clerks to Upper Division Clerks.

13. Ensure parity in pay for all stenographers, Assistants, Ministerial Staff in subordinate offices and in all organized Accounts cadres with Central Secretariat staff by upgrading their pay scales. Grant pay scale of Drivers in Lok Sabha Secretariat to Drivers working in all other Central Government Departments.

14. Reject the stipulation of 7th CPC to reduce the salary to 80% for the second year of Child Care
leave and retain the existing provision.

15. Introduce Productivity Linked bonus in all department and continue the existing bi-lateral agreement on PLB wherever it exists.

16. Ensure cashless medical treatment to all Central Government employees & Pensioners in all recognized Government and Private hospitals.

17. Revision of Overtime Allowance (OTA) and Night Duty Allowance (NDA) w.e.f 01.01.2016 based on 7th CPC pay scale.

18. Revision of wages of Central Government employees in every five years.

19. Revive JCM functioning at all levels. Grant recognition to the unions/Associations under CCS (RSA) Rules 1993 within a time frame to facilitate effective JCM functioning.

20. Implementation of the Revised Pay structure in respect of employees and pensioners of autonomous bodies consequent on implementation of CCS (Revised Pay) Rules 2016 in respect of Central Government employees and pensioners w.e.f. 01.01.2016.

21. Implementation of the "equal pay for equal work" judgment of the Supreme Court in all
departments of the Central Government.

Source: Confederation

One Rank One Pension (OROP) Veterans on fast for full OROP


One Rank One Pension (OROP) Veterans on fast for full OROP

Ex-servicemen's groups demanding the “full implementation” of the one rank, one pension (OROP) scheme at Jantar Mantar have once again intensified their agitation since last week.

Three veterans - Mrs. Sudesh Goyat, Hav. Major Singh and Hav. Mohinder Singh - have been on a fast-unto-death since January 15. Ms. Goyat was admitted to the Army’s Research & Referral (RR) hospital on Sunday after her health deteriorated and is now reported to be stable.

OROP - Veterans hurt
While some of the veterans withdrew their protests after the government announced the implementation of its version of the OROP, members of the Indian Ex-Servicemen Movement (IESM) restarted the relay hunger-strike in November last year after a pause.

"On Veterans Day on January 14, 2017, Minister of State for Defence Subhash Bhamre said that some elements were spreading false statements despite the government implementing OROP. This accusation has hurt the three veterans so much that they began a fast the next day," Maj. Gen. Satbir Singh, Chairman of the IESM, said on Monday.

He said that they had requested several meetings with Defence Minister Manohar Parrikar, but they were declined. "We suggested a video conference as the Minister is campaigning in Goa, but they refused," he said.

Source: The Hindu

Deduction of tax at source Income-tax deduction from salaries under section 192 of the Income-tax Act, 1961


Deduction of tax at source Income-tax deduction from salaries under section 192 of the Income-tax Act, 1961

CIRCULAR NO : 01/2017
F.No.275/192/2016-IT(B)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
North Block, New Delhi
Dated the 2nd January, 2017

SUBJECT: INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2016-17 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961.

Reference is invited to Circular No.20/2015 dated 02.12.2015 whereby the rates of deduction of income-tax from the payment of income under the head "Salaries" under Section 192 of the Income-tax Act, 1961 (hereinafter ‘the Act’), during the financial year 2015-16, were intimated. The present Circular contains the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” during the financial year 2016-17 and explains certain related provisions of the Act and Income-tax Rules, 1962 (hereinafter the Rules). The relevant Acts, Rules, Forms and Notifications are available at the website of the Income Tax Department- www.incometaxindia.gov.in.

2. RATES OF INCOME-TAX AS PER FINANCE ACT, 2016:
As per the Finance Act, 2016, income-tax is required to be deducted under Section 192 of the Act from income chargeable under the head “Salaries” for the financial year 2016-17 (i.e. Assessment Year 2017-18) at the following rates:

2.1 Rates of tax

A. Normal Rates of tax:
Sl.No.Total IncomeRate of tax
1.Where the total income does not exceed Rs. 2,50,000/Nil
2.Where the total income exceeds Rs. 2,50,000/- but does not exceed Rs. 5,00,000/-10 per cent of the amount by which the total income exceeds Rs. 2,50,000/-
3.Where the total income exceeds Rs. 5,00,000/- but does not exceed Rs. 10,00,000/Rs. 25,000/- plus 20 per cent of the amount by which the total income exceeds Rs. 5,00,000/-
4.Where the total income exceeds Rs. 10,00,000/Rs. 1,25,000/- plus 30 per cent of the amount by which the total income exceeds Rs. 10,00,000/-

B. Rates of tax for every individual, resident in India, who is of the age of sixty years or more but less than eighty years at any time during the financial year:
Sl.No.Total IncomeRate of tax
1.Where the total income does not exceed Rs. 3,00,000/-Nil
2.Where the total income exceeds Rs. 3,00,000 but does not exceed Rs. 5,00,000/10 per cent of the amount by which the total income exceeds Rs. 3,00,000/
3.Where the total income exceeds Rs. 5,00,000/- but does not exceed Rs. 10,00,000/-Rs. 20,000/- plus 20 per cent of the amount by which the total income exceeds Rs. 5,00,000/-
4.Where the total income exceeds Rs. 10,00,000/-Rs. 1,20,000/- plus 30 per cent of the amount by which the total income exceeds Rs. 10,00,000/

C. In case of every individual being a resident in India, who is of the age of eighty years or more at any time during the financial year:
Sl.No.Total IncomeRate of tax
1.Where the total income does not exceed Rs. 5,00,000/-Nil
2.Where the total income exceeds Rs. 5,00,000 but does not exceed Rs. 10,00,000/20 per cent of the amount by which the total income exceeds Rs. 5,00,000/
4.Where the total income exceeds Rs. 10,00,000/-Rs. 1,00,000/- plus 30 per cent of the amount by which the total income exceeds Rs. 10,00,000/-

2.2 Surcharge on Income tax:
The amount of income-tax computed in accordance with the preceding provisions of this Paragraph, or the provisions of section 111A or section 112 of the Income-tax Act, shall, in the case of every individual or Hindu undivided family or association of persons or body of individuals, whether incorporated or not, or every artificial juridical person referred to in sub-clause (vii) of clause (31) of section 2 of the Income-tax Act, having a total income exceeding one crore rupees, be increased by a surcharge for the purpose of the Union calculated at the rate of fifteen per cent of such income-tax:
Provided that in the case of persons mentioned above having total income exceeding one crore rupees, the total amount payable as income-tax and surcharge on such income shall not exceed the total amount payable as income-tax on a total income of one crore rupees by more than the amount of income that exceeds one crore rupees.

2.3.1 Education Cess on Income tax:
The amount of income-tax including the surcharge if any, shall be increased by Education Cess on Income Tax at the rate of two percent of the income-tax.

2.3.2 Secondary and Higher Education Cess on Income-tax:
An additional education cess is chargeable at the rate of one percent of income-tax including the surcharge if any, but not including the Education Cess on income tax as in 2.3.1.

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Government lays down specific timeline for completing enquiry against officers and members of All India Services


Govt lays down specific 'timeline' for completing enquiry against officers and members of All India Services

Government has laid down specific timeline for completing enquiry against officers and members of All India Services (AIS) within a given deadline, in a time-bound manner. Giving details about the DoPT (Department of Personnel & Training) decision, 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 said that the AIS (D&A) Rules, 1969 have been amended to provide specific timelines at different stages of the enquiry, with a view to complete the disciplinary proceedings against the members of All India Services in a time-bound manner.

As per the amended rules, a time limit of six months has been fixed for completion of departmental enquiry and submission of report. In case it is not possible to complete the enquiry within six months for justifiable reasons to be recorded in writing, additional time limit not exceeding six months at one time can be granted by the Disciplinary Authority, thereby ensuring accountability for completion of enquiry. Further, 30 days’ timeline has been fixed for the delinquent officers to give his representation to the charge-sheet which can be extended to not more than 30 days by the Disciplinary Authority and, in any case, no extension will be provided beyond 90 days. Similarly, a period of 15 days has been provided to send a representation on the advice of UPSC regarding the penalty to be imposed on the delinquent officer and for such representation also, no extension will be provided beyond 45 days.

Dr Jitendra Singh said, this amendment in the All India Service Rules has been brought, in keeping with the spirit of the Union Government led by the Prime Minister Shri Narendra Modi, to bring in more accountability and time-bound completion of every exercise in the course of governance. The new amendment in the Rules, he said, will certainly strengthen the culture of working within deadlines and timelines without showing any slackness.

Meanwhile, Chairperson, Uttar Pradesh State Social Welfare Board (UPSSWB), Dr (Ms) Rupal Agarwal today called on Dr Jitendra Singh and provided her assessment about the performance of the various functionaries in the Board. She also brought to the notice of the Minister acts of omission or commission by certain officials. Dr Jitendra Singh took a note of the different issues raised by Dr Rupal Agarwal. He said, the Central Government accords high priority to programmes relating to upliftment of women, children and poor sections of the society. He also assured her that the issues raised by her will be brought to the notice of the concerned quarters.

Filing of Immoveable Property Returns under Rule 16(2) of AIS(Conduct) Rules, 1968


Filing of Immoveable Property Returns under Rule 16(2) of AIS(Conduct) Rules, 1968

No. 11017/02/2017-AIS-III
Government of India
Ministry of Personnel, PG & Pensions
Department of Personnel & Training
North Block, New Delhi,
Dated the 23rd January, 2017
The Chief Secretaries of All States / UTs

Subject: Filing of Immoveable Property Returns under Rule 16(2) of AIS(Conduct) Rules, 1968.

Sir,
2.2016, wherein instructions regarding online filing of Immoveable Property Returns under rule 16(2) of AIS(Conduct) Rules, 1968 were issued. In this regard, it is reiterated that all members of the All India Services shall continue to file Immoveable Property Returns (IPR) as on 1 st January and latest by 31 st January under rule 16(2) of AIS(Conduct) Rules, 1968. Accordingly, the same may please be brought to the notice of all concerned for strict compliance.
2. This issues with the approval of Competent Authority.
(Rajes umar Yadav)
Under Secretary (Services)
Tele: 011-23094714
Source: DoPT Orders 2017

Secretary staff side/JCM writes to Shri Rajnath Singh about the demands of Central Government Employees


Secretary staff side/JCM writes to Shri Rajnath Singh about the demands of Central Government Employees

Shiva Gopal Mishra
Secretary
Ph: 23382286
National council (staff Side)
Joint Consulative Machinery for
Central Government Employees
13-C, Ferozshah Road, New Delhi-110001
E-Mail : nc.jcm.np@gmail.com
No.NC-JCM-2016/7th CPC
Dated: January 17, 2017
Shri Rajnath Singh,
Hon’ble Home Minister,
North Block
New Delhi

Dear Sir,
We solicit your kind reference to the discussion the Staff Side delegation had with you and your esteemed colleagues in the Cabinet – Hon’ble Finance Minister, Railway Ministers - on 3oth June 206 and subsequently with your good self on 6th July 2016. In the light of the assurance held out for reconsideration of the minimum wage and multiplication factor through the setting up of a high level committee within a time frame of four months, the National JCA had deferred the strike action which was to commence from 11.07.2016.

We had been patiently waiting for a meaningful discussion in the matter ever since then. Not only there had been any worthwhile or meaningful discussions thereafter but no settlement was also brought about till today though more than six months have been elapsed.

The National JCA met yesterday (17-01-2017) and almost all members expressed extreme disappointment over the turn of events. However, they felt that a meeting with your good self must be sought to sort out the issue amicably.

We shall therefore be grateful if you can indicate a date and time convenient to you, so that the undersigned along with Dr. M Raghaviah, the Leader of Staff Side, JCM could call on you with a view to explore reaching an agreement. Incidentally, we feel that it must be our responsibility to convey to you that the Central Govt Employees throughout the country are extremely critical of the fact that the Government had not found it possible to accept even a single issue taken up the Staff Side, JCM after the 7th CPC submitted its recommendations to the Government.

This apart, the CG Pensioners numbering presently more than the working employees are aggrieved of the fact that the one and only recommendation of the 7th CPC which was in their favour i.e. option No.1 have been recommended to be rejected by the Pension Department to the Government.
Expecting a communication for an early meeting and thanking you.
Sincerely Yours,
sd/-
(Shiva Gopal Mishra)
Secretary(Staff Side)
National Council(JCM)
Source: http://ncjcmstaffside.com/

Income tax exemption limit to be hiked to Rs 3 lakh


Income tax exemption limit to be hiked to Rs 3 lakh

New Delhi: The Finance Ministry is considering raising the current tax exemption limit from Rs 2.5 lakh to Rs 3 lakh.

"A core commitee for Budget 2017 has proposed to revise tax exemption limit aimed to benefit small taxpayers," a top official involved with the process of Budget told The Sen Times on the condition on anonymity.

Income of Rs 3 lakh to 5 lakh may be taxed at 10% (the current slab is Rs. 2.5-5 lakh taxed at 10%); Rs 5-10 lakh will be taxed at 20% (currently also Rs 5-10 lakh is taxed at 20%); Rs 10 lakh and above to be taxed at 30% (Currently also Rs 10 lakh and above is taxed at 30%).

"There are chances that a hike in tax exemption limit may be announced, but I am not sure if it will go up to Rs 4 lakh. Realistically the Finance Minister may announce a hike from the current Rs 2.5 lakh to Rs 3 lakh or maybe even Rs 3.5 lakh. Rs 4 lakh would be a lot, because then a lot of people who currently pay tax would go out of the ambit," said a tax expert.

The government may also propose a higher super-rich tax for those who earn more than Rs 10 crore a year.

So, Finance Minister Arun Jaitley may have some good news for the salaried people in the budget for 2017-18.

CGHS CONTRIBUTION ENHANCED WITH EFFECT FROM 01.01.2017

CGHS CONTRIBUTION ENHANCED WITH EFFECT FROM 01.01.2017

Consequent to revision in the pay structure of Central Govt. employees, CGHS contribution is going to be enhanced from 01.01.2017 at the following rate :

Sr. No.Level in the Pay MatrixContribution per month (Rs)
1Level 1 to 5250
2Level 6450
3Level: 7 to 11650
4Level 12 and above1000

Click here to view the O.M. for change in other entitlements.

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