Budget 2013 : Its disappointment again

The Union Minister P Chidambaram on Thursday presented his eighth annual budget in Parliament and the much anticipated one turned out to be a totally disappointing one. The working class especially the central and government employees were expecting some changes in tax rates, exemptions, deduction etc. It was told that the current slabs were introduced last year. Hence there is no case of revisin....

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Sexual Harassment of Women at Workplace : Bill passed in Lok Sabha

The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Bill, 2012 was passed by the Rajya Sabha on 26^th February 2013. Lok Sabha has passed it in September 2012. Sexual Harassment at workplace ...

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NFIR writes to Secretary, Fin Min on HBA Subsidy

As per recommendations of 6th CPC, the Government was to workout with banks a scheme for home loans to Central Government Employees for providing a subsidy of 2% in the rate of interest on the home loans raised by the employees from the banks. Though 31/4 years have passed since the report of the VIth CPC was accepted by the Government, such a scheme is yet to be conceived....
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EPFO rate at 8.5% for 2012-13; Unions protest as it's much less than Banks, PPF

The Employees Provident Fund Organization (EPFO) have finally agreed to increase interest rates paid to subscribers to 8.5% during the current fiscal, an increase of 0.25% compared to the last fiscal. ...

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CPI warns the government of another nationwide strike in the near future

Taken by the huge success of the two-day strike called by the trade unions and government employees on February 20 and 21 the Left leaders reiterated  their strong stand on the issue. On Friday, some member of the Left said in the Lok Sabha that if the government did not sit with the trade unions, they would go ahead with another nation wide strike in the near future.The veteran CPI lead....

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CGHS : After Angioplasty cost cut, Now stent prices reduced to less than half

After sharp cut in angioplasty operation costs under Central Government Health Scheme (CHGS), the government government has again hit by capping price on stents from Rs 65,000 to Rs25,000 each for its employees. ...

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Withholding of 10% gratuity from the retiring Government servants – clarification

Withholding of 10% gratuity from the retiring Government servants – clarification...

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7 tax amendments you can expect in Budget 2013

The day one of the two day general strike called by the trade unions on February 20 and 21 had mixed response across the country. The strike didn't evoke much enthusiasm in West Bengal. In Kerala, Tripura, Bihar and New Delhi it did hit normal life. The government offices recorded very less attendance. Millions of factory and bank employees stayed away... 
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7 tax amendments you can expect in Budget 2013

The government has been trying to make the tax laws simpler every year. However, there are numerous amendments required in the tax laws. Union Budget for 2013-14 will be presented before Parliament on February 28 and the Finance Minister has promised many reforms expected to combat inflation along with stable tax rates. There may also be some changes in the tax slabs to provide some relief from the ever-growing inflation. Here are some amendments expected:...
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Budget 2013: 7 expectations of the salaried class

Ahough the Budget document outlines the government's planned revenue and expenditure, tax remains the most important aspect for the common man. Tax proposals are announced at the fag end of the Budget speech, keeping millions on tenterhooks. According to a survey by...
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'Please do not strike', govt appeals bank employees

It looks like the government is desperate to bring down the influence of the strike. In addition to the appeal from the Prime Minister and the warning from DoPT, the government has again made and appeal, this time to the bank employees requesting them not to join the two-day nationwide strike from W...
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And now the Congress warns party men against strike

Worried about the huge participation and the support being gained for the two day general strike two-day strike called by trade unions that is against the policies of ...
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DoPT issues warning against strike; wage cut and disciplinary action to be taken

As the union are in full swing preparation for the two day strike on 20th and 21st February,2013, the government has started its part. A warning has been issued to the employees of "consequences" including deduction in wages and disciplinary action if they take part in the strike. Meanwhile the Prime Minister has appealed to the Central Trade Unions asking to withdraw their call for....

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Prime Minister's Appeal to Central Trade Unions

Press Information Bureau Government of IndiaPrime Minister's Office 17-February-2013 21:27 ISTPrime Minister's Appeal to Central Trade UnionsI appeal to the Central Trade Unions to withdraw their call for a countrywide General Strike on 20 and 21 February, 2013. Such a strike would lead to avoidable loss to our economy and inconvenience to the public through disruption of services. ....

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National Mazdoor Conference presses for 7th pay commn, DA merger and more

National Mazdoor Conference (NMC) submitted the memorandums of demands to Prime Minister Dr Manmohan Singh, UPA Chairperson Sonia Gandhi and Finance Minister P Chidamabaram in New Delhi.

Demands projecting by NMC chief Subash Shastri in the memorandums including ...

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Procedure for Revision of Minimum Pension of Pre-2006 Pensioners

A copy of Department of Pension and Pensioners’ Welfare(DOP&PW)’s O.M. No. 38/37/08-P&PW(A) dated 28.01.2013 on the above subject is enclosed for information and compliance. These instructions shall apply mutatis mutandis on the Railways also. Rules 49 and 54(3)(a) of the CCS(Pension) Rules, 1972 referred to therein correspond to Rules 69 and 75(4)(i) of the Railway Services (Pension) Rules, 1993 respectively....
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Congress for pro aam aadmi/middle class budget, Asks for IT exemption limit hikes

Congress party leaders on Thursday demanded from the government a budget that was targeted at the aam aadmi and the middle class in the run up to the 2014 general election.Interacting with the Finance Minister P Chidambaram, party general secretaries and other functionaries urged populist measures such as farmer loan help, minority and tribal welfare schemes, while reaching out to the middle class....

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PricewaterhouseCoopers suggests hike in cap on housing loan interest and medical expenses

The PricewaterhouseCoopers - the Advisory and Tax Regulatory services consultancy firm demanded increasing the cap on the amount for deductions for the interest payments on housing loans and also for the medical expenses for the purpose of tax benefits in the upcoming ...
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CGHS : Angioplasty cost reduction - Central Government Employees to be deprived treatment?

The government have issued a notification reducing the procedure cost of angioplasty from Rs 1.27 lakh to Rs 50,000. Angioplasty is a crucial cardiac procedure used to open up narrow or blocked arteries to restore blood flow to the ...

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AIRF’s proposal for Railway Budget 2013-14

All India Railwaymen’s Federation, the oldest and largest organization of the Railwaymen in India, takes this privilege to put-forth the following important proposals with the hope that the same would receive due consideration in the Rail Budget 2013-14, which not only help moral boosting of the Railwaymen, but also improve upon the Railway Industry as a whole:

1. Educational Facilities for the children of RailwaymenEducational Institutions in majority are being run by the private entrepreneurs, with the result t...
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3 things you must know about health insurance

The premium conundrum Most of us go for the policies based on premiums - the cheaper one. You should understand that the additional payment is worth for the benefits it gives. While choosing the policy, always make the final decision based on ... Read more...

Rajiv Gandhi Equity Savings Scheme / Section 80 CCG

In the last Union Budget, then Finance Minister (FM) Pranab Mukherjee announced a new Section 80 CCG, which would give you deductions in respect of investments made under the Rajiv Gandhi Equity Savings Scheme.

So what is Rajiv Gandhi Equity Savings Scheme ...

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How to claim income tax deductions

How to claim income tax deductions

It financial year end and the only thing that will bother you is your submission of the prrofs for income tax deductions and exemptions. If an employee fails to do so, the deductions and exemptions claimed can be denied by the employer. Hence, plan your taxes-submit the proofs to the employer and cl...
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On Budget 2013

The count down for the Budget 2013 has started. Budget Session of Parliament is to begin on February 21 with President Pranab Mukherjee's first address to the joint sitting of the Lok Sabha and the Rajya Sabha. Finance Minister P Chidambaram will present the General Budget on February 28. The Railway ...
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Rotational Transfer of Section Officers with 7+ years in same Ministry/Dept

 Department Order of even No. dated 21st December, 2012 vide which the Section Officers, who have put in more than 7 years service in a particular Cadre Unit, have been transferred and posted to other Cadre Units.

2. All the Cadre Units were requested to relieve the officers concerned immediately and to submit a status report by 31.01.2013. However, a number of Section Officers included in the said order have not been relieved by the Cadre Units concerned....

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Roll back of the decision to make Aadhar mandatory EPF members by 1st March, 2013

The EPFO has decided to not to make Aadhaar Number/Enrollment number mandatory for EPF members from 1st March, 2013. This was decided after the discussions with UIDAI as the UIDAI through its registrars has been organising enrolment camps in 18 states only. However the EPFO would continue to collect Aadhar numbers of its subscribers. ...

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Doubling of Patient Care Allowances to Gr 'C' and 'D' (Non-Ministerial) employees

The undersigned is directed to convey the approval of the Union Cabinet for doubling the existing rate of payment of HPCA / PCA to all eligible Group 'C' and 'D' employees working in Hospitals, Dispensaries and Organizations in the Central Government from the period w.e.f.  ...
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EPFO to propose 8.5% interest for 2012-13

The subscribers of the Employees Provident Fund Organisation (EPFO) may get 8.5 per cent return on their investment for the financial year 2012-13. This is 0.25% higher than that providedduring the last fiscal. ...

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10 lakh bank staff also on strike on Feb 20-21

Ten lakh bank employees and officers working in all the public sector banks as well as in old generation private banks, foreign banks, co-operative banks and regional rural banks will join the 2 days nationwide continuous general strike on February 20-21

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Wrong news on DA hike approval by Govt.

It is observed that lot of blogs have been reporting that the government has announced DA hike. In a major development, the Union Cabinet on Friday approved hike ...
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Joint declaration by AIDEF, INDWF and BPMS on 20 & 21 February, Strike

Joint declaration with regard to observing 2 days strike on 20 & 21 of February, 2013. : The three federation of Defence Civilian Employees the AIDEF, INDWF and BPMS have issued a Joint declaration with regard to observing 2 days strike on 20 & 21 of February, 2013 ...
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