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Friday, July 1, 2016

Minimum Wage and Fitment Formula : Govt may refer to a committee for reconsideration

Minimum Wage and Fitment Formula : Govt may refer to a committee for reconsideration: NJCA representatives comprising of Shri Shiva Gopal Mishra, Convener NJCA (AIRF), Shri M. Raghavaiah, Chairman NJCA (NFIR,) Shri K. K. N, Kutty Member NJCA (Confederation) and Shri C. Srikumar, Member NJCA (AIDEF) today met Cabinet Ministers - Home Minster Shri Rajnath Finance Minister Shri Arun Jaitley, Railway Minister Shri Suresh Prabhakar Prabhu and MoS Railway Shri Manoj Sinha our Charter of....
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Unions prepare for strike over lowest hike in 70 years

Unions prepare for strike over lowest hike in 70 years: The Confederation of Central Government Employees on Wednesday rejected the pay hike announced by the government and threatened to go on a strike next week, a decision which got support from the central trade unions.The Confederation said the pay hike approved by the Cabinet on the 7th Central Pay Commission's recommendations is "not acceptable".RSS affiliate Bharatiya Mazdoor Sangh (BMS) and othe....
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Seventh Pay Commission salaries inadequate : Congress

Seventh Pay Commission salaries inadequate : Congress: Congress tonight accused the Modi government of "letting down" Central government employees by "inadequate" hike in salaries and allowances in the Seventh Pay commission recommendations in time of run away inflation. "98 lakh central government employees feel disillusioned, let down and short changed by the lopsided and inadequate hike in salaries and allowances by Modi government in these times o....
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A point to cheer - One Rank, One Pension (OROP) for all civilian employees

A point to cheer - One Rank, One Pension (OROP) for all civilian employees: Despite a lot of complaints, there is one thing that the employees can cheer about. It is the fact that the Seventh Pay Commission has recommended One Rank, One Pension (OROP) for all civilian employees, which the government should have accepted.  This means that employees retiring after putting eligible service from the same cadre get same pension irrespective of when he has retired. Cu....
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Video : 7th CPC Cabinet Briefing by Arun Jaitley

Video : 7th CPC Cabinet Briefing by Arun Jaitley: ....
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Highlights : Cabinet Briefing by Arun Jaitley

Highlights : Cabinet Briefing by Arun Jaitley: The present system of Pay Bands and Grade Pay has been dispensed with and a new Pay Matrix as recommended by the Commission has been approved. The status of the employee, hitherto determined by grade pay, will now be determined by the level in the Pay Matrix. Separate Pay Matrices have been drawn up for Civilians, Defence Personnel and for Military Nursing Service. The principle and rationale behi....
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"Not Acceptable" : Confederation. Threatens to advance strike to July 4

"Not Acceptable" : Confederation. Threatens to advance strike to July 4: The Confederation of Central Government Employees stated that the 7th Central Pay Commission implementation in current form is “not acceptable” in view of the prevailing economic conditions. It has also threatened to advance by a week an indefinite strike to press their demand for revising the hike.“In the prevailing economic conditions, the proposed hike as per the Pay Commission is inadequate. I....
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Govt. disappoints. Only 14.27% hike

Govt. disappoints. Only 14.27% hike: As per the reports coming in, the Cabinet on Wednesday has approved 14.27 per cent hike in basic pay as recommended by the 7th Pay Commission. There were reports yesterday that the increase would be higher than what the Commission recommended, but as per reports that didn't happen.The overall benefit will be 23.6 per cent hike overall pay taking basic pay plus allowances into consideration.The Pay....
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Seventh Pay Commission Bonanza Cleared By Cabinet

Seventh Pay Commission Bonanza Cleared By Cabinet: The Seventh Pay Commission's recommendations were approved by the Cabinet today, Reuters said, citing government sources.The Seventh Pay Commission had recommended a 23.55 per cent rise which, effective from January 1, 2016 - which will impact 47 lakh central government employees and 52 lakh pensioners.A high-powered panel headed by Cabinet Secretary PK Sinha had vetted the recommendations of the ....
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Saturday, March 5, 2016

7th CPC : Govt may not scrap existing facilities, allowances

7th CPC : Govt may not scrap existing facilities, allowances: After dropping enough hint that Government is all set to implement the recommendations of Seventh Pay Commission soon, here is yet another good news for central government employees.According to Finance Ministry sources, Government won't be making any changes in the existing advances and facilities, enjoyed by Central government employees. Pay commission had suggested abolition of many privileges ....
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PM asks Finance Minister to reconsider EPF tax: Sources

PM asks Finance Minister to reconsider EPF tax: Sources: Prime Minister Narendra Modi has asked Union Finance Minister Arun Jaitley to reconsider the budgetary proposal under which a part of the Employees Provident Fund withdrawal will be taxed, according to highly placed sources.Modi asked Jaitley to do away with tax imposed on EPF withdrawal after a massive row over the proposal. According to sources, Modi asked Jaitley to revisit the proposed tax on ....
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7th CPC hike budgeted for in ministries’ allocations: Govt

7th CPC hike budgeted for in ministries’ allocations: Govt: With absence of an explicit overall provision for the 7th Pay Commission in budget raising questions, government on Wednesday said the once-in-a-decade pay hike has been built in as interim allocation for different ministries and budget numbers were credible.The voluminous budget documents state that “the implementation of the Seventh Pay Commission due from January 1, 2016 is to be implemented du....
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Modi forms task force to rationalise Central Government Staff

Modi forms task force to rationalise Central Government Staff: Prime Minister Narendra Modi has constituted a five-member task force to rationalise central government staff and ensure their maximum optimisation.The task force will be headed by Establishment Officer and Additional Secretary in Department of Personnel and Training (DoPT) Rajiv Kumar and it will submit its report next month, officials said today.The prime minister has approved the proposal to co....
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Demand for MACP in promotional Hierarchy has been dismissed

Demand for MACP in promotional Hierarchy has been dismissed: View the document....
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Govt. to consider demands for rollback of tax on EPF withdrawals

Govt. to consider demands for rollback of tax on EPF withdrawals: Under all-round attack, the government on Tuesday promised to consider demands for a partial rollback of the proposal to tax 60 per cent of withdrawals from provident fund and a ceiling on employers contribution but made it clear that PPF will continue to be tax exempt.Earlier in the day, Revenue Secretary Hashmukh Adhia said only 60 per cent of interest on contributions made after April 1, 2016 w....
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Govt. to consider demands for rollback of tax on EPF withdrawals

Govt. to consider demands for rollback of tax on EPF withdrawals: Under all-round attack, the government on Tuesday promised to consider demands for a partial rollback of the proposal to tax 60 per cent of withdrawals from provident fund and a ceiling on employers contribution but made it clear that PPF will continue to be tax exempt.Earlier in the day, Revenue Secretary Hashmukh Adhia said only 60 per cent of interest on contributions made after April 1, 2016 w....
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Fin Min's 11-Point Clarification on EPF taxation

Fin Min's 11-Point Clarification on EPF taxation: (i) The purpose of this reform of making the change in tax regime is to encourage more number of private sector employees to go for pension security after retirement instead of withdrawing the entire money from the Provident Fund Account.(ii) Towards this objective, the Government has announced that 40 per cent of the total corpus withdrawn at the time of retirement will be tax exempt both under r....
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No tax on PPF, only interest on 60% EPF withdrawal will be taxed

No tax on PPF, only interest on 60% EPF withdrawal will be taxed: After a huge uproar and the confusion over a proposal in Budget 2016 to tax 10% of employee provident fund withdrawals, the Finance Ministry has issued a clarification. Explaining the proposal, Revenue Secretary Hasmukh Adhia said contributions to the Public Provident Fund (PPF) will continue to remain exempted from tax."PPF contributions will continue to be tax exempt. There will be no tax on wit....
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Prime Minister to decide on reversing proposal to tax EPF withdrawals

Prime Minister to decide on reversing proposal to tax EPF withdrawals: Prime Minister Narendra Modi will decide on whether the government should reverse a Budget decision to tax withdrawals from the Employee Provident Fund or EPF, sources said, after widespread outrage over the move.Sources said a complete rollback of the Budget proposal is unlikely, but the government is looking at ways to soften the blow for about 6.5 crore salaried people.Finance Minister Arun Jai....
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EPF will now be partially taxable

EPF will now be partially taxable: The FM has made Employee Provident Fund (EFP) and National Pension Scheme (NPS) withdrawals on retirement partially taxable.The EPF until now followed a exempt-exempt-exempt taxation structure. This means, there was no tax on investment, on interest accrued and on withdrawal. In case of NPS, the funds that you receive in your bank account was taxable.“In case of superannuation funds and recognised....
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Finance Minister open to the demand for better pay over 7th CPC recommendation

Finance Minister open to the demand for better pay over 7th CPC recommendation: Finance Minister Arun Jaitley is open to meeting central government employees' demand seeking a better pay hike over the recommendations of the 7th pay commission.The minister told that the Final burden of pay hike of central govt employees yet to be assesed "The secretaries panel will decide the final burden on the government, a significant part of liabilities arising out of 7th CPC have already ....
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Budget 2016 : FM dissaponts, I-T slabs, most deductions remain unchanged

Budget 2016 : FM dissaponts, I-T slabs, most deductions remain unchanged: It is yet another disappointment for the tax payers. The Finance Minister has kept the I-T slabs untouched. Here are some of the highlights for the employeesThe maximum deduction available under section 80GG has been raised to Rs 60,000 per annum from existing Rs 24,000 per annum. The deduction is available to an assessee who does not receive any HRA component as a part of his salary. Deduction i....
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Proficiency in Hindi can earn prize of upto Rs. 10,000/-

Proficiency in Hindi can earn prize of upto Rs. 10,000/-: Proficiency in Hindi can now earn central government employees up to Rs 10,000 each in prize money if they score at least 70 per cent marks in the examination conducted at the completion of the 'Parangat' course introduced by the Narendra Modi government last year to promote use of the official language among bureaucrats. The home ministry, in a letter to all central ministries on Wednesday, propo....
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Now, PF withdrawal can be claimed only after attaining age of 57

Now, PF withdrawal can be claimed only after attaining age of 57: Retirement fund body EPFO has tightened norms on withdrawal of provident fund as well investment of such amount in Varishtha Pension Bima Yojana for its over five crore subscribers."Now, the subscribers will not be able to claim withdrawal of their provident fund after attaining age of 54 years. They would have to wait till attaining the age 57 years. The ministry has notified new rules," a senior....
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7th CPC : Implementation Cell seeks comments from all Ministries/Departments

7th CPC : Implementation Cell seeks comments from all Ministries/Departments: View the documentView the document....
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Wednesday, January 6, 2016

NFIR’s proposals for Rail Budget 2016-17

NFIR’s proposals for Rail Budget 2016-17: NFIRNational Federation of Indian Railwaymen3, CHELMSFORD ROAD, NEW DELHI – 110055No. IV/NFIR/RAIL-BUDGET/PT.IIDated: 05/01/2016Shri Suresh Prabhu,Hon’ble Minister for Railways,Rail Mantralaya,Rail Bhavan,New Delhi.Respected Sir,Sub: NFIR’s proposals for Rail Budget 2016-17-reg.NFIR wishes to bring to your kind notice that the Railway Ministers have made budget pronouncements for Staff Welfar....
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Govt. okeys 33% reservation for women in paramilitary forces

Govt. okeys 33% reservation for women in paramilitary forces: The Home Minister Rajnath Singh has approved 33 per cent reservation in constable level posts in Central Reserve Police Force (CRPF) and Central Industrial Security Force (CISF) and 14-15 per cent posts in border guarding forces of Border Security Force (BSF), Sashastra Seema Bal (SSB) and Indo Tibetan Border Police (ITBP) for women. The reservation will start immediately."With a view to enhance r....
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7th CPC implementation likely after May 2016

7th CPC implementation likely after May 2016: It looks like that the Government will accept the recommendations of the 7th Pay Commission and implement the recommendations only after May 2016.Things will become clear only after Finance Ministry announces the details on implementation, and that is expected to happen before Budget 2016-17 in February.Then there are Assembly elections expected in Pondicherry, Assam, Tamil Nadu, West Bengal, and ....
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Tata to launch budget hatchback Zica on January 20

Tata to launch budget hatchback Zica on January 20: Tata Motors will launch the all-new Zica hatchback in India on January 20, 2016. The Tata Zica will be offered with two 3-cylinder engines to choose from – a 1.2- Revotron petrol and a 1.05-litre Revotorq diesel. The petrol motor makes 85PS at 6,000rpm and 114Nm of peak torque from 3,500rpm.The diesel mill produces 70PS at 4,000rpm and 140Nm between 1,800 and 3,000rpm. We drove both variants and f....
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Monday, January 4, 2016

Ex-servicemen meet Arun Jaitley, seek changes in OROP notification

Ex-servicemen meet Arun Jaitley, seek changes in OROP notification: A delegation of ex-servicemen on Sunday met finance minister Arun Jaitley and submitted a memorandum seeking "corrections" in the One Rank One Pension (OROP) notification, as their protest on the issue entered the 203rd day."A five-member delegation met the finance minister and told him that the actual OROP has not been granted. The notification issued has serious flaws and we requested him for co....
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Railways Minister Suresh Prabhu demands exemption from NPS for railway staff

Railways Minister Suresh Prabhu demands exemption from NPS for railway staff: Union Railways Minister Suresh Prabhu has urged Finance Minister Arun Jaitley to consider a long-pending demand of Railways employees to exempt them from the National Pension Scheme just like the defence forces.“May I request you to kindly have a re-look into the case sympathetically and consider favourably the demand of the Railway Federations to exempt Railway employees from the purview of NPS,”....
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Railways Minister Suresh Prabhu demands exemption from NPS for railway staff

Railways Minister Suresh Prabhu demands exemption from NPS for railway staff: Union Railways Minister Suresh Prabhu has urged Finance Minister Arun Jaitley to consider a long-pending demand of Railways employees to exempt them from the National Pension Scheme just like the defence forces.“May I request you to kindly have a re-look into the case sympathetically and consider favourably the demand of the Railway Federations to exempt Railway employees from the purview of NPS,”....
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Govt. considering gratuity for employees under NPS

Govt. considering gratuity for employees under NPS: Government is considering a proposal to provide gratuity to its employees covered under National Pension System (NPS) on retirement, Parliament was informed today."As per the amendment, the Central Civil Services (Pension) Rules are not applicable to the government employees appointed after December 31, 2003," said Minister of State for Finance Jayant Sinha in a written reply to Rajya Sabha.On int....
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PF Withdrawal Made Easier : 10 Facts

PF Withdrawal Made Easier : 10 Facts: Of late, the Employees' Provident Fund Organisation (EPFO) has taken many steps to make provident fund (PF) accounts more user-friendly. Earlier this month, EPFO allowed its subscribers to file their PF withdrawal applications directly to the retirement fund body without employers' attestation.Here is a 10-Point Cheat-Sheet:1) This facility is applicable for subscribers, if details such as Aadhaar....
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How to Withdraw EPF Without Employer Signature

How to Withdraw EPF Without Employer Signature: With Universal Account Number (UAN) gaining popularity, the EPFO recently launched new withdrawal forms for employees for UAN registered members. The new forms will have easy withdrawal process and the amount will be directly credited to your bank account.Universal Account Number is provided by your employer which needs to be activated by visiting EPFO site.Few conditions to meet to with....
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DoPT minister, Shri. Jitendra Singh clarifies - No proposal for retirement age changes

DoPT minister, Shri. Jitendra Singh clarifies - No proposal for retirement age changes: In Lok Sabha today, the Dopt Minister Shri Jitendra Singh said that there is no proposal to reduce the retirement age to 58 years of age or 33 years of service for Central Government employees.In a written reply for the question regarding the retirement age of Central Government employees in Parliament today, the concerend Minster of State for Personnel Jitendra Singh said that the there is no suc....
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