Revision of flat rates of licence fee for the Central Government Residential Accommodation throughout the country.

To view Directorate Memo No. 24-01/2013-PAP dated 8th May 2014, please CLICK HERE. 

CHILD CARE LEAVE - MINIMUM PERIOD OF 15 DAYS CONDITION REMOVED

To view DoPT memo, please CLICK HERE.

Finance standing panel under Yashwant Sinha had suggested slab changes

NEW DELHI, JUNE 13: The upcoming Budget may put more money in people’s pockets as the Modi Government is considering raising the income tax limit and tinkering with the existing tax slabs.

Indications are that the exemption limit will be raised to Rs.5 lakh from the current Rs.2 lakh; meaning, people earning Rs.5 lakh or less annually will not have to pay tax.

Currently, tax is levied at the rate of 10 per cent on income of Rs.2-5 lakh, 20 per cent on income of Rs.5-10 lakh and 30 per cent on income above Rs.10 lakh (see table).

Education cess

Further, there is an education cess and an additional surcharge at the rate of 10 per cent on income exceeding Rs.1 crore.

The previous Government had rejected the suggestion of the last Standing Committee on Finance, headed by senior BJP leader Yashwant Sinha, that the I-T exemption ceiling be raised to Rs.3 lakh.

 

The panel had recommended nil tax for income up to Rs.3 lakh, 10 per cent for income of Rs.3-10 lakh, 20 per cent for Rs.10-20 lakh and 30 per cent for income beyond Rs.20 lakh.

 

However, the Ministry had said that the total revenue loss on account of the changes and removal of cess would work out to around Rs.60,000 crore.

Pros and cons

The argument in favour of changing the structure is that it would put more money in the hands of people and, in turn, raise demand for various goods and services, boosting the manufacturing and services sectors.

 

At the same time, more consumption would also result in higher collection of indirect taxes, which would compensate the fall in income-tax collection.

 

While some feel that more money in the hands of people will also help them combat inflation, economists believe that more money in circulation may actually fuel inflation.

Source : http://www.thehindubusinessline.com/

6 Days Week : No such proposal is under consideration with the Government at present - Cabinet Secretary

Press Release about Government's plan to make six days a week working in the administrative offices of Central Government.

Shiva Gopal Mishra

Secretary

Ph.: 23382286

National Council (Staff Side)

Joint Consultative Machinery

Central Government Employees

13-C, Ferozshah Road, New Delhi - 110001

E Mail : nc.jcm.np@gmail.com

PRESS RELEASE 

NEW DELHI: 14 JUNE, 2014 

Present whispering about reverting back to six days a week in place of the prevalent five days week working in the Administrative Office of the Central Government. 

In this connection, the issue was discussed by Shri Shiva Gopal Mishra, Secretary Staff Side, National Council(JCM) and General Secretary, All India Railwaymen’s Federation, with the Cabinet Secretary on 13th June, 2014, and it was brought to his notice that five days a week working was introduced, way back in the year 1985 after prolonged deliberations at the National Council(JCM) level. Various aspects, including energy saving in the form of electricity and also Statutory Provision regarding working hours were kept in view. 

 After discussion, Cabinet Secretary assured to Secretary Staff Side NC/JCM, Shri Shiva Gopal Mishra, that no such proposal is under consideration with the Government at present. 

For Secretary(Staff Side) 

National Council(JCM) 

Source: AIRF

SanchayPost 7.5 ServicePack1 Features

1. Provision for generating BO wise NREGA LOT report
2. “Zero” - Annual Interest will be calculated and posted for accounts classified as “Accounts excluded from Annual Interest Calculation” and the same will be removed from error files generated during IBB report and Annual Interest Calculations.
3. Lock up period of 6 months for TD accounts has been removed and when TD Account is closed before first one year, Savings Rate of interest is to be paid for completed months. ( Viz. SB order No: 5/2014)
4. Minimum Amount for opening of PPF Account will be Rs.100/- for opened via cheque and cash. (Viz. SB order No: 5/2014)
5. For RD accounts opened through cheque and subsequent deposit by cheque, the date of clearance of cheque is to be taken as date of deposit instead of date of acceptance. (Viz. SB order No: 5/2014)
6. Supervisor should be able to edit nomination details in DE certificates.
7. SCSS Interest is to be credited on 31st March, 30th June, 30th Sept. and 31st December Day End instead of Day Begin. (Viz. SB order No: 5/2014)
8. When last day of the quarter falls on a holiday, then SCS SI entries should not be executed during day begin on the previous day. (Viz. SB order No: 5/2014)
9. Provision for AADHAR ID in RD Bulk
10. NREGS FTO wise report will be available.
11. SB-Silent accounts are removed for error file (sbincler.txt) in IBB report of SB Interest Calculation screen in Online module.
12. Provision for selecting Additional IDs in Online and Data Entry Certificates.
13. Fix for slowness during NREGA FTO processing.
14. Fix for error during NREGA printing.
15. Fix for Certificates screen hanging occasionally when there are more than 4 users.
16. Fix for not showing details of report under SB reports menu of SOSB.
17. Fix for select denomination 50000 is included in Data Entry for Certificates, KVP screen.
18. Fix for KVP and NSC screens not loading when password is set for the same in Bulk Entry.
19. Fix for Amount not tallying in Online NSC IX when certificate is issued using cheque.
20. Length of Certificate suffix has been enhanced from 6 to 8 (for NSC , NSC IX in online module.

CBS "GO Live" at VIJAYAWADA HO

Sri B.V.Sudhakar, CPMG, AP Circle is operating CBS transactin at Vijayawada HO on 11.06.2014. Sri M.Sampath, PMG vijayawada Region is also present .

CBS Roll out of Rajahmundry HO

Inauguration of CBS Roll out of Rajahmundry HO by Smt Sharada Sampath PMG Visakhapatnam