Central Government Employees News :: Seventh Pay Commission

  The central government has raised the dearness allowance for its over one crore central government employees and pensioners by 4 per cent, taking the total to 42 per cent from 38 per cent. Union Minister Anurag Thakur said the centre will spend ₹ 12,815 crores to fund the hike in dearness allowance, or DA. Read more @  https://www.staffcorner.com/view.html?id=6254983913668608

Big Move: Govt announces committee to address concerns of employees on NPS: The government on Friday announced that a committee under the finance secretary will be set up to improve the New Pension System (NPS) with a view to take care of the concerns of central government employees while maintaining fiscal prudence. While moving the Finance Bill 2023 for consideration and passage in the Lok Sabha, finance minister Nirmala Sitharaman said that the new approach to the NPS will be designed for adoption by both central and state governments. "I propose to set up      Read More

Big Move: Govt announces committee to address concerns of employees on NPS: The government on Friday announced that a committee under the finance secretary will be set up to improve the New Pension System (NPS) with a view to take care of the concerns of central government employees while maintaining fiscal prudence. While moving the Finance Bill 2023 for consideration and passage in the Lok Sabha, finance minister Nirmala Sitharaman said that the new approach to the NPS will be designed for adoption by both central and state governments. "I propose to set up      Read More

New app for taxpayers to view TDS, interest, dividend income information: The income tax department on Wednesday said it has launched the ‘AIS for Taxpayer’ mobile app, which will help taxpayers get a comprehensive view of information related to the tax deducted or collected at source, interest, dividends and share transactions. All information is part of the Annual Information Statement (AIS) that was launched by the Central Board of Direct Taxes (CBDT) a few years ago, to help provide all available data to taxpayers at the time of filing returns. The       Read More

Five tax saving investment options to get tax free returns: 1. Public Provident Fund (PPF) An individual can save income tax under Section 80C by investing in the Public Provident Fund (PPF). This small saving scheme has the "exempt-exempt-exempt" or EEE status. This means that the individual can claim a deduction on the amount invested and not pay tax on the interest earned as well as the maturity amount. In terms of safety parameters, the scheme offers the highest safety as it comes with a sovereign guarantee. The central gover      Read More

Rajya Sabha Q&A: Pension Fixation Procedure under GFR: GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE RAJYA SABHA UN-STARRED QUESTION NO. 2307 TO BE ANSWERED ON TUESDAY, 21% MARCH, 2023 PENSION FIXATION PROCEDURE UNDER GFR 2307. Dr. RADHA MOHAN DAS AGRAWAL: Will the Minister of FINANCE be pleased to state: a) whether the General Financial Rules (GFR) of the Central Government apply only to the Central Government or apply to all the States, in a uniform manner; b) whether the pens      Read More

Assam govt may consider paying gap between old and new pension schemes: Assam Chief Minister Himanta Biswa Sarma on Tuesday said the state government will consider paying the gap amount between old and new pension schemes to the employees under the newer mode of monthly retirement emoluments. During a discussion in a Private Members’ Resolution, Sarma said the exact pension structure will be known only after 2035 when the first lot of service holders retire after completing the full tenure since 2005. “Whatever discussion we are having now is o      Read More

Kendriya Vidyalaya admission schedule 2023-24: S.No Contents Scheduled Dates 1 Advertisement for admission  Latest by 25th March 2023 2 Online Registration for Class-I 27.03.2023 (Monday) 10:00 AM onwards 3 Last date of Online Registration for Class-I. 17.04.2023 (Monday) 7:00 PM 4 (a) Declaration of provisional select and waitlist of registered candidates. (b) Admission of eligible candidates of selected list in following order      Read More

Kendriya Vidyalayas class-I admission to begin on March 27, 2023: Kendriya Vidyalaya Sangathan (HQs) New Delhi Admission Notice: 2023-24 1. Online Registration for Admission to Class-I in Kendriya Vidyalayas for the Academic Year 2023-24 will commence at 10:00 am on 27.03.2023 and will close at 07:00 pm on 17.04.2023. The Admission details are available on website https://kvsonlineadmission.kvs.gov.in and Android MobileApp. 2. Minimum age for admission in class-I will be 6 years. Reckoning of age for all Classes shall be as on 31.03      Read More

Rajya Sabha Q&A: Action taken on demand for reverting to Old Pension: GOVERNMENT OF INDIA MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (DEPARTMENT OF PENSION & PENSIONERS’ WELFARE) RAJYA SABHA UNSTARRED QUESTION NO. 1888 (TO BE ANSWERED ON 16.03.2023) DEMANDS FOR REVERTING TO OLD PENSION SCHEME 1888 SHRI DEEPENDER SINGH HOODA: Will the PRIME MINISTER be pleased to state: (a) whether Government has received representations from various Unions/ Associations of Central Government Employees from all a      Read More

Cabinet likely to decide the Dearness Allowance hike tomorrow : The union Cabinet chaired by the Prime Minister is to nnet tomorrow. The announcement regarding the DA Hike for central government employees may be made following the cabinet meeting that the Modi government is scheduled to hold on March 15. It was earlier expected that the DA hike would be announced before festival of Holi. The All-India CPI-IW grew by 0.5 point to 132.8 in January 2023. (one hundred thirty two point eight). In terms of 1-month percentage change, it increased by 0.38 pe      Read More

Govt at Lok Sabha: DA / DR arrears are not considered feasible: Government of India Ministry of Finance Department of Expenditure Lok Sabha Unstarred Question No. 1971. To be answered on Tuesday, 13th March, 2023 Phalguna 22, 1944 (Saka) Release of DA Arrears to Central Government Employees and Pensioners 1971:: SHRI C. LALROSANGA: Will the Minister of Finance be pleased to state: (a) whether the Government has any plan to release the 18 months DA Arrears stopped during Covid-19 Epidemic to Central Governme      Read More

RBE: Old Pension for railway staff whose posts notified before NPS: Based on the OM issued for the Central Government Employees, the Railway Board has issued a order stating the Railway personnel who were appointed for positions/vacancies advertised / notified on or before December 22, 2003 will be given an option for switching from NPS to Old Pension Schene.  RBE No 41/2023 GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAY) (RAILWAY BOARD) No. D-43/12/2018-F(E)III New Delhi, dated: 10-03.2023. The Gen      Read More

Clarification on handling railway mutual tansfer of the staff in Level-1 : GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) No. E(NG)I-2020/TR/13 New Delhi, dated 27.02.2023 The General Secretary, All India Railwaymen’s Federation 4, State Entry Road New Delhi-110055 Sub: Mutual Transfer of the staff in Level-1 (GP Rs. 1800) belonging to two different Cadres/ Departments Ref: AIRF’s letter no. AIRF/56 dated 04.02.2023 Dear Sir, The undersigned is directed to refer to AIRF’s letter cited above and to state that the spe      Read More

Notification on CCSs (Extraordinary Pension) Rules, 2023: MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Pension and Pensioners’ Welfare) NOTIFICATION New Delhi, the 30th January, 2023 G.S.R. 63(E).– In exercise of the powers conferred by proviso to article 309 and clause (5) of article 148 of the Constitution and after consultation with the Comptroller and Auditor-General of India in relation to persons serving in the Indian Audit and Accounts Department, the President hereby makes the following rules, namely:      Read More

Railways to call 5 times the vacancies for 30% LDCE Promotions to Gr B posts: GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) No. E(GP)2022/2/4 New Delhi, dt: 06/03/2023 The General Managers, All Indian Railways & Production Units (Kind Attn.:PCPO/PFA/Dy.CPO(G)/Dy.CAO(G)) Sub.: 30% LDCE for Promotions to Group ‘B’ posts on Indian Railways through Centralized Computer Based Objective type examination (CBT)- calling of candidates for viva-voce. Ref.: Board’s letter no.E(GP)2022/2/4 dated 28.06.2022. Please refer to this o      Read More

Sharing of family pension under Central Civil Services: F. No. 1/1(1))/2022-P&PW (E) Government of India Ministry of Personnel, PG & Pensions Department of Pension & Pensioners’ Welfare 3rd Floor, Lok Nayak Bhawan Khan Market, New Delhi-110 003 Dated: 26.10.2022 Office Memorandum Subject: Sharing of family pension under Central Civil Services (Pension) Rules, 2021 The undersigned is directed to say that Department of Pension has notified the Central Civil Services (Pension) Rules, 2021 in supersession of the Central      Read More

Clarification on the provisions under Income Tax on NPS transactions: FOOD CORPORATION OF INDIA HEADQUARTERS 16-20, BARAKHAMBA LANE NEW DELHI – 110001 No. DCPS / 1 / Wage Revision / 2017-2018 Dated: 13th Feb, 2023 Circular No. FCIDCPS-02/2023 Subject: Clarification on the provisions under Income Tax Act’ 1961 pertaining to National Pension System (NPS). Implications of the prevalent provisions of Income Tax Act’1961 on the transactions affected under National Pension System (NPS) are stated hereunder: –       Read More

EPF rate to remain at around 8%: The central board of trustees of the Employees' Provident Fund Organisation will convene on March 25-26 to determine the interest rates for provident fund deposits for 2022-23. The interest rate is anticipated to remain close to 8 percent as the EPFO calculates its earnings, The Economic Times reported on March 5 citing official sources. As per the report, EPFO's returns on investments have been robust this year as Covid-related withdrawals have decreased significantly. Official      Read More