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Monday, 23 February 2015

New Website of National Pension System Trust Launched; To Provide Proper and Effective Information Dissemination to the Stakeholders and Provide Ease of Access to Various Beneficiaries Under NPS

New Website of National Pension System Trust Launched; To Provide Proper and Effective Information Dissemination to the Stakeholders and Provide Ease of Access to Various Beneficiaries Under NPS

The National Pension System Trust has been set-up and constituted by Pension Fund Regulatory Development Authority (PFRDA) for taking care of the assets and funds under the National Pension System (NPS) in the interest of the beneficiaries (subscribers).

The National Pension System Trust has launched its new website www.npstrust.org.in here today.. The website was launched by Shri G. N. Bajpai, Chairman & Trustee of the Board of NPS Trust. The website is aimed to provide proper and effective information dissemination to the stakeholders and provide ease of access to various beneficiaries under NPS.
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Promotion of Under Secretaries of CSS to the Grade of DS on ad-hoc basis- Furnishing of personal information thereof

Promotion of Under Secretaries of CSS to the Grade of DS on ad-hoc basis- Furnishing of personal information thereof


No.4/2/2015-CS-I(D)
Government of India
Ministry of Personnel, Public Grievances and Pensions
(Department of Personnel & Training)
Lok Nayak Bhawan, New Delhi -110003
Dated the 23rd February, 2015.

OFFICE MEMORANDUM
Subject: Promotion of Grade-I (Under Secretary) officers of CSS to the Selection Grade (Deputy Secretary) on ad-hoc basis – Furnishing of personal information thereof.


The undersigned is directed to refer to this Department’s OM of even number dated 13.02.2015 on the subject mentioned above and to say that the revised vacancy position in the grades of DS/Director of CSS as on 01.03.2015 is given in Annex. I.


2. It has since been decided that the officers presently posted in Group ‘A’ Ministries/Departments may opt for posting in the same Group. However, on posting to a Ministry/Department in Group ‘A’ the tenure will be counted afresh for five/four years as the case may be. However, this option will not be available to officers currently posted in Group ‘B’ to remain in Group ‘B’.


3. The officers concerned are requested to furnish their fresh options as per revised vacancy position/policy by 24.02.2015 through fax number given below or personally. If any officer is not exercising option he/she may submit an undertaking by 24.02.2015 for posting in any Ministry/Department as may be decided by the competent authority.


4. Ministries/Departments concerned are also requested to ascertain the vigilance status of the officers afresh to enable relieving of the officers to avail promotion immediately on issue of orders by this Department


(Biswajit Banerjee)
Under Secretary to the Government of India
Telefax: 24629413

To
1.Officers concerned
2. Ministries/Departments concerned
Annex-I
Tentative vacancies in DS/Director grade as on 01.03.2015
Group A

S.No Ministry/Deptt Vacancy Retention Net Vacancy
1 Animal Hus. & Dairying 1 0 1
2 Home 1 0 1
3 Labour 1 0 1
4 WCD 1 0 1
5 DOPT 3 1 2

Total 7
6


Group B

S.No Ministry/Deptt Vacancy Retention Net Vacancy
1 Economic Affairs 2 1 1
2 Food & PO 1 1 0
3 HRD 2 2 0
4 Petroleum & NG 1 0 1
5 Power 1 0 1
6 Revenue 1 0 1
7 Urban Development 1 1 0
8 Steel 1 0 1

Total 10
5


Source: http://ccis.nic.in/WriteReadData/CircularPortal/D2/D02csd/changechoice.pdf
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Confederation of Central Government Employees request for early implementation of seventh pay commission

Confederation of Central Government Employees request for early implementation of seventh pay commission
 
M. Duraipandian, State general secretary of the Confederation of Central Government Employees and Workers sought the implementation of the seventh pay commission at the earliest.
 
While talking to the newsmen here on Saturday, he said it was a prerequisite that the employees should be provided with interim relief along with 50 percent merger of dearness allowance in salaries prior to approving any pay commission.
 
But even after a long period, the pay commission that was announced earlier by the central government has not yet been implemented.
 
Besides, Gramin Dak Sevaks numbering 2,65,000 across India should be brought under the much awaited seventh pay commission.
 
He said they had been working for almost 30 years for a meagre payment.
 
Moreover, the new and existing pension scheme should be scrapped and replaced with the old pension scheme. Since the launch of the new pension scheme, fund managers had not been appointed and the employees had been raising their doubts whether they could be entitled to avail such monetary benefits after their service period.
 
March to Parliament
 
To draw the government’s attention to fulfil these demands, the confederation members would stage a demonstration in front all district headquarter offices on March 2 and as the next step the confederation would stage a massive march towards the parliament in New Delhi on April 28, he said.
 
If these demands were not met, the employees would go on indefinite strike, which would be announced in July, he added.

Read at : The Hindu
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Clarification by Railway Board: Reckoning of 30% pay element for the purpose of payment towards leave encashment upto 10 days to running staff

Clarification by Railway Board: Reckoning of 30% pay element for the purpose of payment towards leave encashment upto 10 days to running staff

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)
RBE No. 10 /2015.
No.E(P&A)II-2011/RS-20
New Delhi, dated 12.02.2015
The General Managers,
All Indian Railways & Prod. Units etc.
(As per mailing lists No.I&II).
Sub: Reckoning of 30% pay element for the purpose of payment towards leave encashment upto 10 days to running staff.
Board have issued instructions vide letter No. F(E)III/2008/LE-I/I dated 29-10-2008 on encashment of leave while in service.

2. Some of the Zonal Railways had sought clarification whether 30% pay element is to be reckoned for the purpose of leave encashment upto 10 days of LAP to the running staff.

 3. The matter has been considered by the Board and it is clarified that in the case of Running Staff, the calculation of leave encashment upto 10 days wil be done in the same manner as in the case of leave salary in terms of Rule 25(i)(k) of “The Rules for the payment of Running and other Allowances to the Running staff on Railways, 1981″

4. An illustration of the above is shown below:
(i) Basic Pay in general = Basic in Pay Band + Grade Pay = BP
(ii) Basic Pay of running staff = 130% of BP = (A)
(iii) DA rate in general = DA%
(iv) DA for running staff = DA% of (A) =(B)
(v) Leave encashment for 1 day = (A + B)/30
5. Other terms and conditions on encashment of leave will remain the same.

6. This issues with the concurrence of the Finance Directorate of the Ministry of Railways.

7. Please acknowledge receipt.
sd/-
(K.Shankar)
Director/E(P&A)
Railway Board
Source: www.airfindia.com
[http://www.airfindia.com/Orders%202015/RBE%20No.10%20of%202015%20of%20Ministry%20of%20Railways.pdf]
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Revision of rates for various treatment procedures under ECHS

Revision of rates for various treatment procedures under ECHS
Central Organisation, ECHS
Adjutant General’s Branch
integrated Headquarters
Ministry of Qefence (Army)
Maude Line’s
Delhi Cantt-110010
B/49773/AG/ECHS/Rates/Policy
10 Feb 2015
REVISION OF RATES FOR VARIOUS TREATMENT
PROCEDURES UNDER ECHS
1. Ref this office letter No B/49773/AG/ECHS/Rates/Policy dt 07 Oct 2014 and B/49773/AG/ECHS/Rates/Policy dt 19 Nov 2014

2. CGHS has revised the rates for various treatment procedures vide their OM No S-11011/48/2014-CGHS (HEC) dt 18 Feb 2015. The rates of under mentioned treatment procedures alongwith their CGHS code are as under:-

Sr. No. CGHS Code Treatment Procedure Current Rate Revised Rates
Non-NABH NABH Non-NABH NABH
Gynae & Obst
1 648 RVF Repair 140000 16100 18975 21821
2 1590 USG for Obstetrics –Anomalies scan 323 380 770 887
Nephrology & Urology
1 793 Epididymectomy 8000 9200 15938 18750
2 888 Lithotripsy Extra corporeal shock wave 19000 21850 19550 22483
3 746 Ureteric Catheterization 690 794 8278 10950
4 807 Kidney transplant (Related) 3500 4025 200000 230000
5 808 Kidney transplant (Unrelated including immunosuppressant therapy) 143000 164450 300000 345000
General Surgery
1 372 Secondary suture of wounds 290 334 3400 4000
2 390 Haemorrhoidectomy 2500 2875 20720 24375
3 391 Stappler Haemorrhoidectomy 4025 4629 38000 43700
4 393 Varicose vein surgery; Trendelenburg operation with suturing or ligation. 8625 9919 10000 11500
5 18 Catheterization 83 95 425 500
6 477 Fissure in Ano-Fissurectomy 5750 6613 13800 15870
7 506 Laparoscopic Paraumblical Hernia Repair 12580 14800 17500 20125
Ophthalmology
1 32 Pterygium Surgery 86 99 5500 6325
2 34 Conjunctival wound repair or exploration following blunt trauma 115 132 3300 3795
Imaging Investigations
1 150 CT-orbit and brain 173 199 1600 1840
2 991 Foramen magnum decompression for Chari Malformation 1100 1265 93750 107813
Cardiology
1 534 DVR 53000 60950 155422 178735

2. Reimbursement to beneficiaries/ empanelled hospitals shall be limited to ceiling rate or as per actuals, whichever is lower. The other terms and conditions as regards to CGHS package rates remain unchanged.

3. The revised rates shall come into force for ECHS from the date of issue and shall be in force till further orders and are applicable in all cities.
(Vijay Anand)
Col
Dir (Med)
for MD ECHS
Source: http://echs.gov.in/images/pdf/med/med128.pdf
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Income Tax Expectations – Assocham Survey: Here’s What India Wants

Income Tax Expectations: Here’s What India Wants

A survey carried out by industry body Assocham has found that a majority of salaried employees want Finance Minister Arun Jaitley to increase the income tax exemption in the forthcoming Budget.

A hike in income tax exemption from Rs. 2.5 lakh to Rs. 3 lakh will lead to savings of up to Rs. 5,000 for those who fall in the Rs. 2.5 lakh to Rs. 5 lakh tax bracket. Those in the Rs. 5 lakh to Rs. 10 lakh tax bracket will save up to Rs. 10,000, while those in the highest tax bracket can save up to Rs. 15,000.

Any increase in exemption in income tax would leave more money in the hands of people and will increase their purchasing power, Assocham said.

If Mr Jaitley hikes income tax exemption limit, it will be for the second time in two years that salaried employees will get a relief on taxes.

The other big expectation is about exemption on housing loans. 78 per cent of those surveyed want interest exemption on home loans to go up to Rs. 5 lakh from Rs. 2 lakh.

Property prices in the country have gone up sharply over the years and many individuals have to pay large amounts as interest for home loans. Exemption on interest on home loan was hiked by Rs. 50,000 to Rs. 2 lakh in the previous Budget.

A large number of respondents in the survey also voted for hiking exemption limit under section 80C of the Income Tax Act; the section makes investments worth Rs. 1.5 lakh on saving instruments such as fixed deposits, national saving certificates and public provident funds exempt from taxes.

“Hike in exemption limits will boost the savings rate in the Indian economy to 35 per cent of GDP from below 30 per cent currently,” said Assocham secretary general D S Rawat.

88 per cent of respondents want the government to reduce the record-high duty on gold import. Import duty on gold was hiked to 10 per cent in 2013 when the economy was struggling with a high current account deficit and volatile rupee.

Nearly 82 per cent of the salaried class expects a separate deduction of Rs. 50,000 for the payment towards annuity or pension plans. Deduction of the amount paid towards annuity plans u/s 80CCC and NPS u/s 80CCD come under the threshold limit of section 80C currently.

Around 55 per cent of the survey respondents were between 25 and 29 year-old; 26 per cent fell between 30 and 39 years; 16 per cent were between 40 and 49 years. The survey was carried out among employees from 18 broad sectors, with maximum share contributed by employees from IT/ITes sector (17 per cent). It was conducted across Delhi, Mumbai, Kolkata, Chennai, Ahmedabad, Hyderabad, Pune, Chandigarh, Dehradun, etc. About 500 salaried employees from the different sectors were covered by the survey from each city on an average.

Read at NDTV
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Sunday, 22 February 2015

Finance Minister asks bank employees not to participate in strike

Press Information Bureau
Government of India
Ministry of Finance
21-February-2015 19:53 IST
Finance Minister Shri Arun Jaitley Makes an Appeal to all the Employees of Public Sector Banks (Psbs), Their Unions & Associations not to Resort to Agitation Approach by Participating in Bank Strike; Says Bipartite Negotiations in a Cordial Manner is the only Available tool for Settlement

The Union Finance Minister Shri Arun Jaitley has made an appeal to all the employees of Public Sector Banks (PSBs) and their Unions & Associations not to resort to agitation approach by participating in bank strike . He informed the employees of PSBs that banks are already in negotiations with their Unions and Associations for wage settlement The Finance Minister Shri Jaitley said that the bipartite negotiations in a cordial manner is the only available tool for settlement.


The Finance Minister Shri Jaitley said that participating in the proposed strike is neither desirable nor affordable in the interest of the nation. Making an another appeal to the employees of PSBs, their Unions and Associations, the Finance Minister asked them not to resort to such disruptive means, and call off the call for strike.
******
PIB
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