Demonetisation is short term pain for long term gain: PM Narendra Modi

Demonetisation is short term pain for long term gain: PM Narendra Modi Raigad (Maharashtra): Prime Minister Narendra Modi on Saturday articulated that demonetisation is only short term pain for long term gain, adding that the present regime would not shy away from taking difficult decisions that are in the interest of the country. "Demonetisation is only short term pain for a long term gain. We will continue with sound economic policies to ensure India’s bright future in the long run," he said. Speaking at the inaugural function the...

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7th CPC - Departmental Anomaly Committee Meeting

7th CPC - Departmental Anomaly Committee Meeting Meeting of the Departmental Anomaly Committee to discuss the anomalies arising out of the implementation of the 7th CPC in respect of Defence Civilian Employees F.No.17(01)/2016-D(Div-I) Government of India Ministry of Defence (Department of Defence) Sena Bhawan, New Delhi, Dated: 20 December 2016 OFFICE MEMORANDUM Subject: Meeting of the Departmental Anomaly Committee to discuss the anomalies arising out of the implementation of the 7th CPC in respect of Defence Civilian Employees A ...

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Government to launch lucky draw schemes on Dec 25 to push e-payments

Government to launch lucky draw schemes on Dec 25 to push e-payments New Delhi: Government today said it will launch awards under the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana in 100 cities over 100 days on December 25. The first draw of the Lucky Grahak Yojana to provide a cashback of Rs 1,000 to 15,000 consumers every day for the next 100 days will be launched on December 25, 2016 in New Delhi, the Niti Aayog said in a statement. Finance Minister Arun Jaitley and Minister of Electronics & IT Ravi Shankar Prasad will inaugurate...

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Travelling Allowance claim by family of deceased Government Servants timelimt extended

Travelling Allowance claim by family of deceased Government Servants timelimt extended Applicability of provision below SR-147 to the family of deceased Govt servant, in special circumstances- clarification regarding No.19016/1/2015-E.IV Government of India Ministra of Finance Department of Expenditure North BlocK, New Delhi Dated the 21st December, 2016 Office Memorandum Sub : Applicability of provision below SR-147 to the family of deceased Govt servant, in special circumstances- clarification regarding. Various references are...

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Revision of the restored one-third pension and notional full pension of Central Government employees who have been permanently absorbed in autonomous bodies and have drawn one-time lump sum terminal benefits equal to 100% of their pensions and have been granted restoration of one-third commuted portion of pension

CONFEDERATION OF CENTRAL GOVT. EMPLOYEES & WORKERS 1st Floor, North Avenue PO Building, New Delhi- 110001 Ref: Confdn/Pen/2016-19 Dated : 20.12.2016 To, The Secretary Department of Pension & Pensioner’s Welfare Government of India Sardar Patel Bhawan New Delhi - 110001 Sub : Revision of the restored one-third pension and notional full pension of Central Government employees who have been permanently absorbed in autonomous bodies and have drawn one-time lump sum terminal benefits equal to 100% of their pensions...

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Revision of Pension and grant of DR to the pensioners of Autonomous Bodies

Revision of Pension and grant of DR to the pensioners of Autonomous Bodies CONFEDERATION OF CENTRAL GOVT. EMPLOYEES & WORKERS 1st Floor, North Avenue PO Building, New Delhi- 110001 Ref: Confdn/Pen/2016-19 Dated - 19.12.2016 To The Secretary Department of Pension & Pensioners Welfare Government of India Sardar Patel Bhawan, New Delhi - 110001 Sub :- Revision of Pension and grant of Dearness Relief to the pensioners of Statutory/Autonomous Bodies. The Government of India - vide the resolution dated 4th August...

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State Bank to grant two-day special leave to employees

State Bank to grant two-day special leave to employees State Bank of India will grant special leave of two days to its employees as reward for having taken additional stress since November 8 when demonetisation was announced. Employees would be able to avail this leave any time until March 2018, said SBI Chairman Arundhati Bhattacharya in Mumbai on Wednesday. "Our employees will get rewarded, I am sure. We are looking into what can be done. We have already given overtime wherever it is due." On the issue of new currency notes being...

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Announcement of new Passport Rules

Announcement of new Passport Rules 1. In order to streamline, liberalize and ease the process of issue of passport, the Ministry of External Affairs has taken a number of steps in the realm of passport policy which is expected to benefit the citizens of India applying for a passport. The details of these steps are given below: PROOF OF DATE OF BIRTH 2. As per the extant statutory provisions of the Passport Rules, 1980, all the applicants born on or after 26/01/1989, in order to get a passport, had to, hitherto, mandatorily submit the...

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Reporting Cash Transactions under Rule 114E of Income Tax Rules, 1962

Reporting Cash Transactions under Rule 114E of Income Tax Rules, 1962 Rule 114E of Income-Tax Rules, 1962, for furnishing Statement of Financial Transactions (SFT) came into force with effect from 1st April, 2016. Any person who is liable for audit under section 44AB of the Income-Tax Act, 1961 is required to furnish a statement in respect of transaction at serial no. 11 of Rule 114E(2) relating to receipt of cash payment exceeding Rupees 2,00,000/- (Rupees Two Lakh) for sale of goods or service. Doubts were raised if such transactions...

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