Showing posts with label NEWS. Show all posts
Showing posts with label NEWS. Show all posts
7th Pay Commission – 1st Meeting of the Anomaly Committee to be held on 1/12/2016
Subject: 1st Meeting of the Anomaly Committee to be held on 1/12/ 2016
under the Chairmans h ip of Secretary (P) on the calculation of the
Disability Pension for Defence Forces’ Personnel as per the
recommendations of the 7 th Central Pay Commission
The first meeting of the Anomaly Committee under the Chairmanship of
Secretary (P), will be held on 1st December, 2016 at 11.00 A.M. in Room
No. 190, North Block, New Delhi on the calculation of the Disability
Pension for Defence Forces’ Personnel as per the recommendations of the
7th Central Pay Commission. The detailed
agenda note will follow.
2. Kindly make it convenient to attend the meeting
sd/-
(D.K.Sengupta)
Deputy Secretary (JCA)
Processing of Pension cases mandatorily through Bhavishya (Online Pension Sanction & Payment Tracking System) w.e.f 01/01/2017 - reg.
No. 55/14/2014/P&PW(C)Part-1
Government of India
Ministry of Personnel, Public Grievances and Pension
Department of Pension & Pensioners’ Welfare
3rd Floor, Lok Nayak Bhawan,
Khan Market, New Delhi
Dated: 29th November, 2016
OFFICE MEMEORANDUM
Sub: Processing of Pension cases mandatorily through Bhavishya
(Online Pension Sanction & Payment Tracking System) w.e.f 01/01/2017
- reg.
Department of Pension and Pensioners’ Welfare is responsible for
formulation of policy and coordination of matters relating to pension
policy and welfare of Central Government pensioners. It has been seen
that despite detailed guidelines and instructions to the contrary a
large proportion of retiring employees do not get their retirement
benefits and the Pension Payment Order(PPO) in time. It is likey that
such retired employees find it difficult to get the process completed
after retirement. The sanction process starts more than a year before
the date of retirement and requires cooperation amongst various
agencies. This department has, therefore, launched Bhavishya – an online
pension sanction and payment tracking system. The system by keeping
track of the progress of each case introduces transparency and
accountability. Both the retiring employees as well as administrative
authorities can monitor progress at each stage.
2.The system has been running successfully in the main Secretariat of
all ministries/departments for the last one year. It has since been
extended to cover over 3000 Drawing and Disbursing Officers and Pay and
Account Offices from various ministries/departments and their attached
offices.
3.It has now been decided that all Heads of Offices will henceforth
mandatorily process all pension cases only through Bhavishya. In this,
where necessary, they will assist the retiring employee to submit the
online application form. The Pay and Accounts Offices will process cases
generated through Bhavishya through the pension module in COMPACT till
the Public Financial Management System (PFMS) is made operational and
integrated with Bhavishya.
4.It is to be noted that all authorities will strictly follow the
timelines prescribed under the CCS(Pension) Rules and in no case will
the pension case be delayed on account of electronic processing through
Bhavishya.
5.These instructions take effect from 1st January, 2017.
6.This issues with the approval of competent authority.
sd/-
(Seema Gupta)
Director
Authority: http://persmin.gov.in/pension.asp
7th Pay Commission: Good News For Central Govt Employees; Centre To Pay Higher Allowances, Arrears From January 2017
New Delhi, Nov 27: In a good news for central government employees, the government is planning to pay higher allowances and five months’ arrears according to the 7th Pay Commission recommendations from January, 2017. The government wants the situation to get normal following demonetisation drive before paying higher allowances and five months’ arrears under the 7th Pay Commission recommendations to its 4.8 million employees. Higher allowances and five months’ arrears under the 7th Pay Commission recommendations will be paid after Cabinet nod to ‘Committee on Allowances’ report.
The entire country
is facing a shortage of cash after the demonetisation of Rs 500 and Rs
1000 currency notes, which accounted for 86 per cent of all cash in the
economy. The government is hopeful that situation will get normal after
December 30 and it will be ready to pay enhanced allowances and five
months’ arrears under the 7th Pay Commission recommendations to its
employees.
The central
government employees have been waiting for fatter allowance since July
when the notification for the implementation of the 7th Pay Commission
recommendations was issued. The 7th pay commission had recommended
abolition of 51 allowances and subsuming 37 others out of 196
allowances, which was opposed by the central government employees’
unions. To resolve this issue, Union Finance Minister Arun Jaitley
formed the ‘Committee on Allowances’ on July 22 for examination of the
recommendations of 7th Pay Commission on allowances other than dearness
allowance.
Benefit from the Income Tax sops announced by the Government..?
In the 2014-15 Budget that was presented recently, it was announced that
the income tax exemption slab will be being raised from Rs. 2 lakhs per
annum to Rs. 2.5 lakhs.
On July 10, during the parliamentary session, while presenting the
budget for the year 2014-15, Finance Minister Arun Jaitley announced
that the non-taxable income slab for individual tax payers has been
raised from Rs. 2 lakhs to Rs. 2.5 lakhs. Also, the maximum tax
exemption of Rs. 1 lakh Under Section 80C has been raised to Rs. 1.5
lakh. Interest deductions on home loan have been increased from Rs. 1.5
lakhs to Rs. 2 lakhs.
Let us now make approximate calculations about the kinds of benefits that taxpayers stand to get from these changes:
Raising the non-taxable income limit from Rs. 2 lakhs to Rs. 2.5 lakhs gives a maximum tax savings of Rs. 5600 additionally.
Since the maximum tax exemption under Section 80C has been raised to Rs.
1.5 lakhs, the tax payer gets to save Rs. 17,000 under certain
exemption categories.
Since the maximum exemption under home loan deduction has been raised
from Rs. 1.5 laksh to Rs. 2 lakhs, the taxpayer saves another 17,000.
Source: www.employeesnews.in
All allowances (except Dearness Allowance) to Central Government Employees - Questions in Parliament
Allowances to Government Employees
In Lok Sabha on 18.11.2016, the Finance Minister Shri Arun Jaitley has
replied in a written form regarding the allowances to Central Government
employees recommended by the 7th Central Pay Commission. The complete
text of the reply is reproudced and given below for your information...
"In view of the number of representations received with regard to
substantial changes with the existing provisions relating to Allowances
recommended by the 7th Central Pay Commission, the Government has set up
a Committee to examine the recommendations of the Commission on
allowances (except Dearness Allowance). The Committee has been asked to
go into the recommendations of the Commission on various allowances and,
having regard to the representations made by the staff associations as
also the suggestions of the concerned Ministries/Departments and to make
recommendations as to whether any changes in the recommendations of the
Commission are warranted and, if so, in what form. Till a final
decision is taken by the Government based on the recommendations of this
Committee, all allowances (except Dearness Allowance) will continue to
be paid at existing rates in the existing pay structure. The Committee,
constituted vide order dated 22.7.2016, is to submit its report within
four months.
The Committee has been interacting with various stake-holders to
discuss their demands and has so far held discussions with National
Council (Staff Side), Joint Consultative Machinery, representatives from
staff associations and officials from Ministry of Health & Family
Welfare, Ministry of Home Affairs and Department of Posts. The Committee
may also interact with the representatives of some other major
Ministries/Departments and stakeholders with whom consultations are yet
to be held before finalizing its Report. On submission of the Report,
the matter pertaining to allowances will be considered by the Government
and appropriate decision will be taken thereafter."
Rupee recoups 5 paise to 68.71 against dollar
The rupee edged higher by 5 paise to 68.71 against the US dollar at the forex market in early trade today on fresh selling of the American currency by exporters and banks.
The rupee yesterday had tumbled by 30 paise to end at a fresh 2016 low of 68.76. It had hit an intraday low of 68.80 mainly due to deteriorating sentiment and worsening impact of fund outflows. The rupee has shed 3.95 per cent of its value since the beginning of 2016.
Weakness of the dollar against some currencies overseas and early gains in the domestic equity market supported the rupee today, dealers said.
Foreign investors have pulled out close to USD 5 billion from the capital markets in November so far amid concerns over the impact of demonetisation mingled with an imminent rate hike by the US Federal Reserve. Meanwhile, the benchmark BSE Sensex was trading higher by 108.84 points, or 0.41 per cent, at 26,459.01 in early trade today.
Source : Indian Express
Samba infiltration bid: All three terrorists killed by BSF troops
BSF troops killed three terrorists as they foiled an infiltration attempt from across the international border at Fatwal village in Chamliyal area, Ramgarh sector, early Tuesday. A BSF jawan was also injured in the operation, sources said, identifying him as Sham Lal.
This is the first time that Pakistan has opened fire at Chamliyal area that had been peaceful even during the recent escalation, perhaps owing to the presence of the shrine of Baba Chamliyal who is also revered by Pakistanis.
According to sources, the BSF troops noticed suspicious movement along the international border around midnight. Pakistan Rangers reportedly began unprovoked firing on the Indian side to give cover to the infiltrators.
However, when the terrorists entered the Indian territory, BSF troops challenged them. The terrorists, believed to be three in number, took refuge inside a structure built on a bore well in the agricultural land of a local farmer.
Source : Indian Express
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