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Banks will remain open in September first week : Finance Ministry

Banks will remain open and banking activity will continue unimpeded in the first week of September

Banks will only observe holidays on Sunday, 2nd September and second Saturday, 8th September ; Monday, 3rd September is not a pan India holiday

ATMs in all States will be fully functional; Banks advised to ensure availability of sufficient cash for dispensation from ATMs

It has come to notice that a rumour is circulating in several sections of the social media that banks will be closed for 6 days in the first week of September 2018, causing undue panic among the general public.

It is hereby clarified that banks will remain open and banking activity will continue unimpeded in the first week of September. Banks will only observe holidays on Sunday, 2nd September and second Saturday, 8th September. Monday, 3rd September is not a pan India holiday and banks only in some States where a holiday is declared under the Negotiable Instruments Act, 1881 will remain closed.

Even on those days, ATMs in all States will be fully functional and there will be no impact on online banking transactions. Banks have been advised to ensure that sufficient cash is available for dispensation from ATMs. Banks will remain open on all other days.

Pension Adalat 2018 on 18th September, 2018 – CPAO

Pension Adalat 2018 on 18th September, 2018 – CPAO

Central Pension Accounting Office (CPAO)
Ministry of Finance, Department of Expenditure
Trikoot-II, Bhikaji Kama Place – 110066

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All Central Civil Pensioners are informed that the Central Pension Accounting Office is going to organize a Pension Adalat, which will be held on 18th September, 2018 at the Central Pension Accounts Office, Bhikaji Cama Place, Trikoot-II, New Delhi-110006.

Therefore, all Central Civil Pensioners/Family Pensioners (except Railway, Defence, Post and Telegraph) are requested to send their complaint filled in as per the prescribed format through e-mail to Sr. Accounts Officer (Co-ordination Section) at [email protected] or via post to this office by 10.09.2018. The prescribed format is available at www.cpao.nic.in. Your complaint will be resolved in the Pension Adalat to be organized on 18.09.2018. Kindly send your P.P.O. number, account number, contact address and telephone number along with your complaint. If the complaint is being sent by post, then please mention “Pension Adalat-2018” on the top of the closed envelope.

Dated:30-08‐2018
New Delhi

Assistant Controller of Accounts (Pensions)

CPAO Notice & Form – Download here

7th Pay Commission Salary Calculator from July 2018

7th Pay Commission Salary Calculator from July 2018

Union Cabinet approves additional 2 percent Dearness Allowance for Central Government Employees and Dearness Relief to pensioners with effect from 1st July 2018.

Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 7% to 9% of the basic pay with effect from 1st July, 2018.

Transport Allowance, Dearness Allowance and Total Salary will also change based on the 9 percent dearness allowance.

Check the updated 7th CPC Salary Calculator from July 2018 for Revised Pay & Allowances.

7th Pay Commission Salary Calculator 2018

Also Check : Pay Matrix

7th CPC salary calculator

7th CPC Transport Allowance from July 2018

7th CPC Transport Allowance from July 2018

Cabinet approved the release of additional 2% Dearness Allowance to Central Government employees and Dearness Relief to pensioners from July 1 2018. Revised DA will be applicable from July 1, 2018. After the announcement,  DA percentage will be 9% for CG employees. Transport Allowance will also change based on the latest Dearness Allowance percent.

7th Pay Commission Recommendation for Transport Allowance

7thCPC TA

Government implemented the 7th Pay Commission Transport Allowance and released the Office Memorandum No.21/5/2017-E.II (B) dated 7th July 2017, in addition to this OM, FinMin also released another Office Memorondum on 2nd August, 2017 O.M No.21/5/2017-E.II(B) with partial modification on Transport Allowance to CG Employees for pay of Rs.24200/- & above in Pay Level 1 & 2

Transport Allowance Ready Reckoner from July 2018

TA_July_2018

Railway Order : Transport Allowance at double the normal rates to persons with disabilities employed in Central Government

Railway Order : Transport Allowance at double the normal rates to persons with disabilities employed in Central Government

GOVERNMENT OF INDIA
MINISTRY OF RAILWAY
(Railway Board)

S. No. PC-VII/112
No. PC-V/2017/A/TA/1

RBE No.117/2018
New Delhi, dated 17/08/2018

The General Managers
All Indian Railways & PUs
(As per mailing list)

Sub: Transport Allowance at double the normal rates to persons with disabilities employed in Central Government.

A copy of Ministry of Finance, Department of Expenditure’s OM No.21/3/2017-E.118 dated 12th July, 2018 on the above subject is enclosed for information and compliance. These instructions shall apply mutatis mutandis on the Railways also.

This issues with concurrence of the Finance Directorate of the Ministry of Railways. Hindi version is enclosed.

DA:As above.

(Subhankar Dutta)
Dy.Director, Pay Commission-V
Railway Board

Signed Copy

Source : NFIR

IPPB – Cabinet approves Revised Cost Estimate for setting up of India Post Payments Bank

IPPB – Cabinet approves Revised Cost Estimate for setting up of India Post Payments Bank

Boost to Banking Services at Post Offices across the country

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval for revision of the project outlay for setting up of India Post Payments Bank (IPPB) from Rs. 800 crore to Rs. 1,435 crore. The additional sum of Rs. 635 crore in the revised cost estimates is on account of Rs 400 crore for Technology Costs and Rs 235 crore for Human Resource Costs.

Also Read : IPPB from 1st September 2018 – Nationwide rollout arrangements and nomination of nodal officers

Details:
  • IPPB services shall be available at 650 IPPB branches and 3250 Access Points from 1st September 2018 and in all 1.55 lakh post offices (Access Points) by December 2018.
  • The project will generate new employment opportunity for about 3500 skilled banking professionals and other entities engaged in propagating financial literacy across the country.
  • The objective of the project is to build the most accessible, affordable and trusted bank for the common man; spearhead the financial inclusion agenda by removing the barriers for the unbanked and reduce the opportunity cost for the under banked populace through assisted doorstep banking.
  • The project will supplement Government’s vision of “less cash” economy and at the same time promote both economic growth and financial inclusion.
  • The robust IT architecture of IPPB has been built taking into consideration bank grade performance, fraud and risk mitigation standards and in line with the best practices from payments & banking domain.

Cabinet approves 2 percent DA / DR for Central Govt Employees and Pensioners from July, 2018

Cabinet approves 2 percent DA / DR for Central Govt Employees and Pensioners from July, 2018

Cabinet approves additional 2 percent Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1st July, 2018

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modihas approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.07.2018 representing an increase of 2% over the existing rate of 7% of the Basic Pay/Pension, to compensate for price rise.

The combined impact on the exchequer on account of both Dearness Allowance and Deamess Relief would be Rs.6112.20 crore per annum and Rs.4074.80 crore in the financial year 2018-19 (for a period of 08 months from July, 2018 to February, 2019).

Also Check : DA / DR  Orders for Central Government Employees & Pensioners

This will benefit about 48.41 lakh Central Government employees and 62.03 lakh pensioners.

This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission.

PIB

DOPPW – Observance of `Swachhata Hi Seva’ 2018 (SHS) again from 15th Sep to 2nd Oct, 2018

DOPPW – Observance of `Swachhata Hi Seva’ 2018 (SHS) again from 15th Sep to 2nd Oct, 2018

No. 55/26/2018-P&PW (C)
Government of India
Ministry of Personnel, P.G. and Pensions
Department of Pension and Pensioners’ Welfare

3rd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi

Dated the 27th August, 2018

To
The Secretary / President
All identified Pensioners’ Associations
(As per enclosed list)

Subject: Observance of `Swachhata Hi Seva’ 2018 (SHS) again from 15th September to 2nd October, 2018.

Sir,

As a precursor to the launch of the 150th birth year celebrations of Mahatma Gandhi, M/o Drinking of Water & Sanitation (M/o DW&S) has decided to observe Swachhata Hi Seva 2018 (SHS) again from 15th September to 2nd October, 2018. SHS aims at accelerating the Jan­Andolan for realizing the Hon’ble Prime Minister’s vision of a Clean India, further reinforcing the belief that ‘Sanitation is everyone’s business’. The launch of SHS 2018 will be organized on the morning of 15th September, 2018, encouraging citizens to initiate swachhata drives.

2. M/o DW&S has also requested this Department to lead a special segment of SHS campaign (voluntary swachhata activities) involving all Pensioners on a pan-India basis. In this regard M/o DW&S have also enclosed a list of illustrative activities that can be undertaken and the pensioners may like to take it up on a particular day during the fortnight.

3. As a steps towards this direction, the Department of Pension & Pensioners Welfare has been in the past too, inter alia seeking the active involvement of identified Pensioners’ Associations for observing Swachh Bharat Pakhwada and the swachhta related tasks undertaken by various identified Pensioners’ Association in the past had been found to be encouraging and were appreciated.

4. In view of above you are requested to observe the `Swachhata Hi Seva 2018′ (SHS) from 15th September to 2nd October,2018 by sensitizing their members and general public reinforcing the belief that “Sanitation everyone’s business’ and also encourage citizens to initiate swachhata drives by undertaking number of activities from the enclosed list of illustrative Activities circulated by M/o DW&S.

5. You are also requested to take photographs of activities undertaken by them during the Pakhwada and send the same along with a report on the activities undertaken by them, immediately after duration of the Pakhwada so as to enable for this Department to send a consolidate report to M/o.DW&S. and also to upload the same on Pensioners’ Portal website.

Yours faithfully

(Seema Gupta)
Director (PW)

Signed Copy

Applicability of new wage scale and drawal of arrears to GDS substitutes

Applicability of new wage scale and drawal of arrears to GDS substitutes

ALL INDIA POSTAL EMPLOYEES UNION – GDS

No. AIPEU-GDS/CHQ/TRCA/2018

Dt. 23-08-2018

To

The Secretary.
Department of Posts
Dak Bhawan
New Delhi – 110 001

Respected Sir.

Sub:- Applicability of new wage scale and drawal of arrears to GDS substitutes- req – reg.

I would like to brought this to the kind notice of the Secretary, Department of Posts that after implementation of new TRCA to the GDS vide order dated 25-06-2018, all regularly working GDS have been drawn new TRCA w.e.f 01-07-2018. In case of substitutes working in place of GDS viz., vacant posts. officiating to Departmental posts (Postman/MTS/MG) and on other reasons has not drawn their allowances as per new TRCA slabs w.e.f 01-07-2018.

Further it is requested to issue the instructions to draw the arrears also from 01-01-2016 to 30-06-2018 to the substitutes working in place of GDS. As it was drawn also at the time of implementation of Natarajamurty Committee recommendations vide Lr.No. No.6-1/2009-PE.II, Dated : 30-05-2012.

Hence it is requesting our Hon’ble Secretary. Department of Posts kindly cause to issue necessary instructions to the concerning authorities on the subject at the earliest in favour of GDS.

A line in reply is highly solicited.

Yours sincerely.

(P.Pandurangarao)
General Secretary
AIPEU-GDS

gds aipeu

Extension of date for filing of Income Tax Returns for taxpayers in Kerala

Extension of date for filing of Income Tax Returns for taxpayers in Kerala

In view of the disruption caused due to severe floods in Kerala, the Central Board of Direct Taxes (CBDT) hereby further extends the “Due Date” for furnishing Income Tax Returns from 31st August, 2018 to 15th September, 2018 for all Income Tax assessees in the State of Kerala, who were liable to file their Income Tax Returns by 31st August, 2018.

CBDT had earlier extended the ‘Due Date’ for filing of Income Tax Returns from 31st July, 2018 to 31st August, 2018 in respect of the categories of taxpayers who were liable to file their Income Tax Returns by 31st July, 2018.

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