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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 .... Read more.......

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 .... Read more.......

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 .... Read more.......

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 .... Read more.......

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 .... Read more.......

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 .... Read more.......