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AIRF’s Suggestions for the General Budget 2016-17 All India Railwaymen’s Federation(AIRF), representing more than 1.3 million Railwaymen, has submitted significant suggestions to Hon’ble Finance Minister on General Budget which is going to be presented on Feb 29, 2015. Budget leaves great impact on the lives of Railwaymen and their families including pensioners. Therefore it becomes … Read more
NJCA will meet on 8th February 2016 to decide the date of commencement of indefinite strike Conduct three days Dharna at all state capitals and Industrial Centres/Establishments on 19th, 20th & 21st January 2016. NJCA head quarters decided to hold three days Mass Dharna at Jantar Mantar, New Delhi. Dharna shall commence at 10:30 AM … Read more
Full Pension 33 years or 20 Years- Latest status Latest on Pension 33 years or 20 years – Information on Implementation order in M.O. Inasu case Online RTI Status Form Registration Number: DP&PW/A/2015/60046 Name: S. Y. Savur Date of Filing: 20/12/2015 Request filed with Department of Pensions & Pensioners Welfare Status APPEAL DISPOSED OF as … Read more
Pay Matrix Recommended by 7th CPC is not final and subject to change – Federation Sources The Constituent Unions of NCJCM has called for three days’ agitation Programme from 19-1-2016 to 21-1-2016 to draw the attention of central government to settle the Modified charter of demands. Recently they demanded the government to constitute an empowered … Read more
Income Tax Calculation for Interest on Housing Loan and Deduction u/s 80C with illustration One Computation of Taxable Salary and allowances, Deduction for Interest on Housing Loan and Deduction u/s 80C. Mr. X, a Central Govt. Officers in Delhi, is receiving Basic Pay Rs.23,720, grade Pay Rs.7,600, DA at prescribed rates, transport allowances @ Rs.3200+DA thereon, and … Read more
Rates of Income Tax as per Finance Act, 2015 – Financial Year 2015-16(AY 2016/17) RATES OF INCOME-TAX AS PER FINANCE ACT, 2015: As per the Finance Act, 2015, income-tax is required to be deducted under Section 192 of the Act from income chargeable under the head “Salaries” for the financial year 2015-16 (i.e. Assessment Year 2016-17) … Read more
Revision of pension in respect of Pre-2006 Commissioned Officer, JCOs/ORs and Family pensioners OFFICE OF THE PR. CONTROLLER OF DEFENCE ACCOUNTS (PENSIONS) DRAUPADI GHAT, ALLAHABAD- 211014 Circular No. 554 Dated: 14.01.2016 Subject:- Revision of pension in respect of Pre-2006 Commissioned Officer, JCOs/ORs and Family pensioners. Reference:-This office Circular No. 547, 548 dated 11.09.2015, Circular No. … Read more
Implementation of digital signed pension revision authorities in all banks. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE CENTRAL PENSION ACCOUNTING OFFICE TRIKOOT-II, BHIKAJI CAMA PLACE, NEW DELHI-110066 PHONES : 26174596, 26174456, 26174438 CPAO/Tech/e-PPO/2015-16/719 Dated 11/01/2016 Office Memorandum Subject: Implementation of digital signed pension revision authorities in all banks. After the implementation of paperless … Read more
Issue of IT Refunds of Smaller Amounts In an initiative to reduce taxpayer grievances and enhance the taxpayer satisfaction, the Central Board of Direct Taxes had issued instructions to Central Processing Center (CPC), Bengaluru and the field officers in December, 2015 to issue refunds of amounts less than Rs.50,000/- expeditiously. As a result of the … Read more
Expected DA Calculation will play vital role in determining Fitment Factor of 7th CPC Expected DA from January 2016 likely to change the Fitment Factor of 7th CPC At the end of the Sixth CPC Regime all the Central Government servants are at the verge of receiving their last installment of Dearness Allowance in Sixth … Read more