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Tamilnadu GPF Interest Rate from July 2018

Tamilnadu GPF Interest Rate from July 2018

Government of Tamil Nadu
2018

MANUSCRIPT SERIES

FINANCE [Allowances] DEPARTMENT
G.O.Ms.No.252 G.O.Ms.No.252, Dated 26th July 2018.
(Vilambi, Aadi-10, Thiruvalluvar Aandu 2049)

ABSTRACT

Provident Fund – General Provident Fund (Tamil Nadu) – Rate of interest for the financial year 2018-2019 – With effect from 1.07.2018 to 30.09.2018 – Orders – Issued.

Read the following:-

1. G.O.Ms.No.135, Finance (Allowances) Department, dated 23.04.2018.

2. From the Government of India, Ministry of Finance, Department of Economic Affairs (Budget Division), New Delhi Resolution No.5(1)-B(PD)/2018, dated 17.07.2018

-oOo-

ORDER:

In the Government Order read above, orders were issued fixing interest for the accumulation at the credit of the subscribers to the General Provident Fund (Tamil Nadu) at 7.6% for the period from 1st April, 2018 to 30th June, 2018.

2. The Government of India, in its resolution second read above, announced that during the year 2018-2019 accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall
carry interest at the rate of 7.6% (Seven point six per cent) with effect from 1st July, 2018 to 30th September, 2018.

3. The Government now direct that the rate of interest on the accumulation at the credit of the subscribers to the General Provident Fund (Tamil Nadu) shall carry interest at the rate of 7.6% (Seven point six per cent) with effect from 1st July, 2018 to 30th September, 2018. This rate will be in force with effect from 1st July, 2018.

4. The rate of interest on belated final payment of Provident Fund accumulations remaining unpaid for more than three months of its becoming payable shall be at the same rates as ordered in para-3 above.

(BY ORDER OF THE GOVERNOR)

K.SHANMUGAM
ADDITIONAL ADDITIONAL CHIEF SECRETARY TO GOVERNMENT

Signed Copy

Kendriya Vidyalaya Dearness Relief from Jan 2016

Kendriya Vidyalaya Dearness Relief from Jan 2016

KENDRIYA VIDYALAYA SANGATHAN (HQ)
18, Institutional Area,
Saheed Jeet Singh Marg
New Delhi-110016.

F.110230(Misc.)2018/KVS(HQ)/P&I/2059

Dated: 04/05.07.2018

The Manager(Instt.)
State Bank of India,
Main Branch(4th Floor),
Parliament Street,
New Delhi-110001

Subject :- Grant of Dearness Relief to Central Government pensioners / family pensioners Revised rate effective from 01.01.2016.

Sir,

As you are aware, KVS has implemented the recommendations of 7th CPC in terms of GOI, D/o P&PW OM No. 38/37/2016-P&PW(A) dated 04.08.2016, 12,05.2017 & 06.07.2017. In this regard, KVS(HQ) has issued instructions to all the Regional offices/ZIETs for implementation of 7th CPC in all cases of employees retiring with effect from June,2018. Further, they have also been instructed to revise the pension in case of employees retired between 01.01.2016 to 31.05.2018. Therefore, you are instructed to make the payment of dearness relief as per the recommendations of 7th CPC in all the cases of pensioners retiring from 01.01.2016 and thereafter where the pension has been revised in terms of 7th CPC.

The necessary orders in this regard are as follows:

1. OM No. 42/15/2016- P&PW(G) dated 16 Nov, 2016.
(From 01.01.2016 Dearness Relief Nil, From 01.07.2016 – Dearness Relief- 2%)
2. OM No. 42/15/2016-P&PW(G) dated 7 Apr, 2017.
(From 01.01.2017 Dearness Relief 4%)
3. OM No. 42/15/2016-P&PW(G) dated 28 Sep, 2017.
(From 01.07.2017 Dearness Relief 5%)
4. OM No. 42/15/2016-P&PW(G) dated 22 Mar, 2018.
(From 01.01.2018 Dearness Relief 7%)

It is pertinent to inform you that KVS(HQ} has instructed to all the Regional offices/ZIETs to clearly depict in the PPO that the pension has been revised/calculated in terms of 7th CPC.

You are, therefore, requested to comply with the aforementioned orders for payment of dearness relief in all cases of Pensioners/family pensioners of Kendriya Vidyalaya Sangathan from 01.01.2016 and thereafter where the pension has been revised in terms of 7th CPC.

This issues with the approval of the competent authority.

Yours faithfully

(A.K. Srivastava)
Assistant Commissioner(Finance)

Signed copy

 

Disbursement of Old Age, Disability and Widow Pensions

Disbursement of Old Age, Disability and Widow Pensions

Resolution of technical issues, if and when faced by the Banks, in dealing with assistance being disbursed through them is an ongoing process. No Bank has raised any issue related to any specific training requirement for their human resources for handling the pension issues.

Government has adopted the Direct Benefit Transfer (DBT) Scheme for direct transfer of benefit into the bank/post office accounts of beneficiaries of schemes under National Social Assistance Programme (NSAP). Instructions have been issued to the States for getting the due consent for seeding the Aadhaar details. Instructions also mention that disbursement of pension of any beneficiary could not be affected due to non-availability of Aadhaar number. Further, NSAP guidelines provide that given their physical, social and economic vulnerability, States should ensure that an infirm/old beneficiary will not have to travel far distance to access his/her pension account. As far as possible, for people who cannot cover distance physically, the objective is to provide door step delivery.

Several Banks in many states are using the services of Bank Sakhi’s coming from self help groups to provide cost effective solutions for delivery of pensions at home.

This information was provided by the Minister of State for Rural Development, Shri Ram Kripal Yadav today in a written reply to a Lok Sabha question.

Revised guidelines for closure of CPSEs

Revised guidelines for closure of CPSEs

Department of Public Enterprises (DPE) has revised the guidelines on time bound closure of sick and loss making Central Public Sector Enterprises (CPSEs) and disposal of their assets on 14th June, 2018. The revised guidelines replace the earlier guidelines issued on 7.9.2016.

The new guidelines prescribe timelines for step by step process to be completed by the CPSE under closure and disposal of its assets. The entire process of closure of a CPSE and disposal of the assets is to be completed within a period of 13 months from the zero date i.e. date of issue of minutes conveying the approval for closure of sick and loss making CPSE by the Government.

In the new guidelines, priority has been given for use of land of CPSEs under closure for affordable housing. The land identified for affordable housing shall undergo the process of disposal as per the guidelines of Ministry of Housing and Urban Affairs.

The guidelines on time bound closure of sick and loss making CPSEs uniformly provide for payment of VRS or VSS at 2007 notional pay scale to employees of CPSEs under closure irrespective of the existing pay scales of the company.

This information was given by the Minister of State of Heavy Industries and Public Enterprises, Babul Supriyo, in reply to written questions in the Rajya Sabha today.

PCDA Circular C-190 – Change of address of Punjab National Bank, CPPC

PCDA Circular C-190 – Change of address of Punjab National Bank, CPPC

O/o The Principal Controller of Defence Accounts (Pension), Draupadighat, Allahabad – 211014

Circular No.C-190

No.G1/C/0176/Vol – XVII/Tech
O/o the PCDA (P) Allahabad
Dated: 11.07.2018.

To, —————————————-
—————————————-
(All Head of Department under Min. of Defence)

Sub:- Change of address of Punjab National Bank, CPPC.
Ref: – This office Important Circular No.137, dated 16.04.2015.

*******

Punjab National Bank has opened a new Centralised Pension Processing Centre (CPPC) in the complex of office of the Pr. CDA (Pensions), Allahabad. The same is operational wef 01.07.2018. This is first phase of the plan and Original PPOs (with supporting documents) issued after 01.07.2018 in the case where PDA is PNB, will be forwarded to the new CPPC at Allahabad. The address of the new CPPC of the PNB will be as below:

Punjab National Bank (BSR/CPPC Code-306377)
Centralised Pension Processing Centre (CPPC)
Pr. CDA (Pensions) Complex, Draupadi Ghat
Allahabad, Uttar Pradesh-211014

2. However, till the implementation of final phase, all existing accounts will be dealt with by respective CPPCs of the PNB.

3. It is requested that suitable instructions alongwith a copy of this Circular may please be issued to all sub offices under your administrative control for implementation of the above.

(Sandeep Thakur)
Addl.CDA (P)

Signed copy

PCDA Circular C-189 – Representations regarding revision of pension of Pre-96 & Pre-2006 Pensioners

PCDA Circular C-189 – Representations regarding revision of pension of Pre-96 & Pre-2006 Pensioners

O/o The Principal Controller of Defence Accounts (Pension), Draupadighat, Allahabad – 211014

Circular No.C-189

No.G1/C/0199/Vol-II/Tech
O/o the PCDA (P) Allahabad
Dated: 11.07.2018.

To, —————————————-
—————————————-
(All Head of Department under Min. of Defence)

Sub:- Representations regarding revision of pension of Pre-96 & Pre-2006 Pensioners.

Ref:- HQs letter No.5162/AT-P/Vol-LX dated 15.06.2018.

******

Of late, a large number of representations have been received in our HQrs office regarding incorrect revision of 7th CPC PPOs in cases where posts have been upgraded. In this context, it is intimated that Min. of Personnel, Public Grievances & Pensions, Deptt of P&PW has already clarified vide OM F.No. 38/37/08-P&W (A) dated 11.02.2009 that the benefit of upgradation of posts subsequent to their retirement would not be admissible.

In view of the above, the same would also be applicable on 7th CPC revision of Pre-2016 pensioners/family pensioners.

(Sandeep Thakur)
Addl.CDA (P)

Signed Copy

Income tax return filing deadline extended to August 31

Income tax return filing deadline extended to August 31

The due date for filing of Income Tax Returns for Assessment Year 2018-19 is 31.07.2018 for certain categories of taxpayers. Upon consideration of the matter, the Central Board of Direct Taxes(CBDT) extends the ‘due date’ for filing of Income Tax Returns from 31st July, 2018 to 31st August, 2018 in respect of the said categories of taxpayers.

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Implementation of Reservation in Promotion for Employees

Implementation of Reservation in Promotion for Employees

The Supreme Court in Special Leave Petition (Civil) No.30621/2011 has passed the following order on 17.5.2018:-

“It is directed that the pendency of this Special Leave Petition shall not stand in the way of Union of India taking steps for the purpose of promotion from ‘reserved to reserved’ and ‘unreserved to unreserved’ and also in the matter of promotion on merits..”.

Further, in the matter related to Special Leave Petition (Civil) No.31288/2017 connected to Special Leave to Appeal (Civil) No.28306/2017, the Supreme Court held as under on 05.06.2018:-

“Heard learned counsel for the parties, Learned ASG has referred to order dated 17.05.2018 in SLP(C) No.30621/2011. It is made clear that the Union of India is not debarred from making promotions in accordance with law, subject to further orders, pending further consideration of the matter. Tag to SLP (C) No.30621 of 2011.”

Based on interim Orders/directions of the Supreme Court dated 17.05.2018 and 05.6.2018, Department of Personnel and Training vide Office Memorandum No. 36012/11/2016- Estt.(Res-I) {Pt-II} dated 15.06.2018 requested all the Ministries/Departments of the Government of India to carry out promotions in accordance with above directions of the Supreme Court on existing seniority / select lists subject to further orders which may be passed by the Supreme Court. The State Governments were advised to take necessary action in accordance with the above-mentioned orders passed by the Supreme Court.

This information was provided by the Union Minister of State (Independent Charge) Development of North-Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr Jitendra Singh in written reply to a question in Rajya Sabha today.

PIB

Clarification on eligibility criteria for appearing in Departmental Examination: Graduate MTS

Clarification on eligibility criteria for appearing in Departmental Examination: Graduate MTS

Controller General of Defence Accounts
Ulan Batar Road, Palam Delhi Cantt.-110010
AN/ XI/11154/ 2017/ Mts-Clk (Graduate)

Date 03.07.2018

To,
ALL PCsDA/ CsDAIFAs / PC of A (Fys)

Sub: Clarification on eligibility criteria for appearing in Departmental Examination: Graduate MTS & Graduate Clerk to Auditor grade exam to be held in August -2018.

References are being received in this HQrs office seeking clarification regarding eligibility criteria for appearing in the Departmental examination for Graduate MTS and Graduate Clerk to the -post of Auditor to be held in the month of Aug-2018. Clarification are also being sought as to whether Stenos/ Driver/Staff other than Graduate MTS &Graduate Clerk are eligible to appear in the said exam.

2. The matter was examined in HQrs office and it is stated that eligibility criteria for the examination for the post of Auditor will be same as stipulated in amendment of Defence Accounts Department (Auditor) Recruitment Rule, 2009, promulgated vide S.R.O No. 23 dated 03rd May 2016 which clearly states 10% by promotion from amongst Graduate Clerk cum typist and Graduate MTS having a minimum of three years of service on passing Departmental Examination by them for the post of Auditor.

sd/-
(Praveen Kumar Rai)
Sr. Dy. CGDA(AN)

Signed Copy

11,30,840 Permanent employees in PSUs

11,30,840 Permanent employees in PSUs

As per Public Enterprises Survey 2016-17 laid in Parliament on 13.03.2018, the total number of permanent employees employed in Central Public Sector Enterprises as on 31.03.2017 are 11,30,840 of which Managerial/Executives are 2,65,486. The total number of contract workers engaged by CPSE as on 31.03.2017 stood at 3,38,521.

This information was given by Shri Santosh Kumar Gangwar, Union Minister of State (I/C) for Labour and Employment in written reply to a question in Rajya Sabha today.

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