Dearness Allowance Allowance Committee 7th Pay Commission Pension News
4% Additional DA for TN State Government Employees from Jan 2017 Allowances Committee Report and Financial Expenditure Government ready to implement Higher Allowances Requirements from pensioner for credit of first pension to his/her account by bank.

Posts Tagged ‘Allowances’

Conducting of Agitation Programme for settlement of Charter of Demands of Defence Civilian Employees

Demands pertaining the 7th CPC Minimum Pay, Fitment Formula, Allowances, NPS, Pre-2016 Pensioners – Employees are in dark about development – INDWF’s All India Demand Week from 24.04.2017 to 29.04.2017 with Charter of Demands

INDIAN NATIONAL DEFENCE WORKERS FEDERATION
Estd 1959 (Recognised by Govt. of India)

No. INDWF/Demand Week/M of D/2017

Date: 18.04.2017

To
Secretary to Government of India
Ministry of Defence,
South Block,
New Delhi 110001

Sub: Conducting of Agitation Programme for settlement of Charter of Demands of Defence Civilian Employees – reg.

Sir,
Indian National Defence Workers Federation in its 21st Conference held on 21nd and 22nd March, 2017 unanimously resolved to conduct agitation programme from 24.04.2017 to 29.04.2017 in order to demand Ministry of Defence and Government of India to settle the demands.

INDWF being one of the constituent organisations of National Council (JCM) under the National Joint Council of Action (NJCA) of Central Government Employees. NJCA deferred the proposed Indefinite Strike which was to commence from 11.07.2016 based on the assurances given by the group of Ministers Chaired by Shri Rajnath Singh, Hon’ble Home Minister that Government will constitute committee on on Minimum Pay, Fitment Formula, Allowances, NPS and Pre-2016 pensioners. It was also the National Council (JCM) within 4 months. However, even after more than 6 months it is regretted to note that none of the demands of the NJCA pertaining to 7th CPC are accepted by the Government Employees in genera and Defence Civilian Employees in particular.

In addition to the above, it is to be pertinent to mention that the Government is going ahead very fast to privatise and outsource the entire defence production activities. We are in dark about the development which is taking place about the letter received from Hon’ble Prime Minister’s office to the Department of Defence Production and OFB asking various information’s of the production activities of the above unhelpful attitude and decision of Government of India and Ministry of Defence, the Defence Civilian Employees are very much agitated in this regard. Therefore, the Indian National Defence Workers Federation has decided to observe All India Demand Week from 24.04.2017 to 29.04.2017 by holding gate meetings, demonstration, wearing demand badges and submit memorandum for your favourable consideration and for early settlement of these demands.

CHARTER OF DEMANDS

1. Stop privatisation and outsourcing of Defence Production and withdraw 100% in Defence

2. Fill up all the existing vacancies including freezed vacancies during the period of ban on recruitment considering the increased work load.

3. Withdraw NEW PENSION SCHEME (NPS) for the Defence Civilian Employees and extend Defined Pension facilities at par with Armed Forces personnel as per CCS Pension Rules 1972 ensuring 50°/o pension on the last pay drawn and also extend Family Pension. Disability pension.

4 Regularise all the Casual. Contract, Outsource employees, Part time employees employed in permanent and perennial jobs.

5. Withdraw arbitrary decisions of stopping detailment of employees on Sundays/Holidays working in Ordnance Factories in order to achieve the projected targets.

6. Early implementation of granting of Allowances on 7m CPC Pay scales on HRA, TA and Other Allowances. Revise the Minimum Pay, implement 7th CPC recommendation of Option-I for pensioners and accepted by Government regarding pension of pre-2016 Pensioners without any further delay

Yours Sincerely.

(R.SRINIVASAN)
General Secretary

Copy to
1) Secretary (DP)
Department of Defence Production
South Block, New Delhi.

2) Secretary & Chairman,
Department of Defence Research & Development.
DRDO Bhawan, New Delhi 110 105.

3) All Heads of Directorates.
DGOF & Chairman. OFB, DGQA, E-in-c’s Branch, COP Navy
AOP Air Force, AG Army HQs

Source: http://indwf.blogspot.in/

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Be the first to comment - What do you think?  Posted by admin - April 26, 2017 at 5:17 pm

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7th Pay Commission: As Budget session starts tomorrow, all eyes on Arun Jaitley to announce hike in allowances

7th Pay Commission: As Budget session starts tomorrow, all eyes on Arun Jaitley to announce hike in allowances

The Committee on Allowances has already submitted its report to the Finance Ministry in which it has reviewed the recommendations of the Seventh Pay Commission on allowances.

With the second part of the Budget session in Parliament starting on Thursday, all eyes are on Finance Minister Arun Jaitley who may just announce a hike in allowances for Central government employees.

The Committee on Allowances has already submitted its report to the Finance Ministry in which it has reviewed the recommendations of the Seventh Pay Commission on allowances.

The Committee under Finance Secretary Ashok Lavasa is believed to have suggested that the house rent allowance be kept as it is and not brought down as recommended by the Seventh Pay Commission.
The pay hike under the Seventh Pay Commission has been the lowest in the last 70 years and a decrease in allowances is unlikely to go down well with nearly 50 lakh government employees.

THE DEVELOPMENTS IN THE SEVENTH PAY COMMISSION STORY:

  • With Uttar Pradesh and Manipur voting in the final phase today, the model code of conduct will be lifted by the end of the day. The Narendra Modi government, which could not make any major announcements during the poll season, is expected to speak on the allowances soon.
  • The second part of the Budget session will continue for a month till April 12, and it is widely believed that Arun Jaitley can make an announcement during the session, and employees may start getting revised allowances from the new fiscal in April.
  • On allowances, this pay commission has not had the best news for government employees with the panel recommending axing 53 of the 196 allowances and merging a few others.
  • Following protests by employees, the government formed a committee under Ashok Lavasa to look into the recommendations. The pay commission had suggested bringing down the house rent allowance (HRA) to 24 per cent from 30 per cent of basic pay for metros.
  • While the Committee on Allowances decided against a slash in HRA, reports suggest that it has agreed with Seventh Pay Commission’s recommendation on no hike in transport allowance.
  • To add to the growing resentment among employees, the dearness allowance (DA) is likely to be hiked by just 2 per cent this year. “The dearness allowance as per the agreed formula by the Centre works out to be 2 per cent which would be effective from January 1, 2017,” Confederation of Central Government Employees President K K N Kutty said.
  • Representatives of employees unions are not happy with the hike and said it is not in sync with price rise and inflation. According to some reports, employees union are planning to protest against the “meagre” hike in DA.

Read at: Indiatoday

Be the first to comment - What do you think?  Posted by admin - March 10, 2017 at 3:19 pm

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Retention of the rates of HRA and date of effect of allowances should be from 1st January 2016 and revision of rates of Transport allowances, OTA and NDA apart from retention of many of the allowances

Cabinet Decision on 7th CPC Allowances only after 11th March 2017

“Retention of the rates of HRA and date of effect of allowances should be from 1st January 2016 and revision of rates of Transport allowances, OTA and NDA apart from retention of many of the allowances – COC Karnataka”.

Allowances

Comrades,
The media is debating that the allowances committee headed by Shri Ashok Lavasa Finance Secretary has submitted its report to the Hon’ble Finance Minister Arun Jaitleyji on 22nd or not. Comrades as you aware that this committee period has expired on 22nd February 2017, the question is that even if it has submitted its report to the Hon’ble Finance Minister Arun Jaitleyji it is confidential document all media creation on the HRA rates are not be believed, the actual truth will be known only after the assembly elections results of five states which will be declared on March 11.

The past experience is that even if the committee decides positively the union cabinet had turn down the recommendations of the committee, hence speculation is not correct, only after the union cabinet approves the recommendations of the committee, the new orders is issued.

The main demands of the CG employees is retention of the rates of HRA and date of effect of allowances should be from 1st January 2016 and revision of rates of Transport allowances, OTA and NDA apart from retention of many of the allowances.

Comrades instead of speculation it would be better we focus on the 16th March 2017 strike, which would put pressure on the Central Government to yield to our charter of demands.

Comradely yours
(P.S.Prasad)
General Secretary

Source: http://karnatakacoc.blogspot.in/

Be the first to comment - What do you think?  Posted by admin - February 28, 2017 at 9:59 am

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Implementation of 7th CPC in Kendriya Vidyalayas will be issued separately in a later date – KVS Orders

Revised Pay & Allowances for KV Employees as per 7th CPC

Kendriva Vidvalava Sangathan
18, Institutional Area
Shaheed Jeet Singh Marg
New Delhi-16

F.No.110239/51/Cir./2016/KVS (Budget)

Dated: 15.02.2017

A copy of 0M No.1/1/2016-E.III(A) dated 13th January, 2017 issued by the Govt. of India, Ministry of Finance, Dept. of expenditure rega rding Pay revision of employees of Quasi-Government Organizations, Autonomous Organizations, Statutory Bodies etc. set up by and funded/ controlled by the Central Government – Guidelines regarding is forwarded herewith for information.

Guidelines/Orders for implementation of 7th CPC recommendations in the Kendriya Vidyalaya Sangathan/Kendriya Vidyalayas will be issued separately in a later date. Revised Pay & Allowances should be drawn only after receipt of orders from KVS (HQ).

sd/-
(S.Muthusivam)
Deputy Commissioner (Fin.)

Authority: http://kvsangathan.nic.in/

Be the first to comment - What do you think?  Posted by admin - February 23, 2017 at 7:04 pm

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7th Pay Commission: Government all set to clear revised allowances for central staff from April 1

7th Pay Commission: Government all set to clear revised allowances for central staff from April 1

The 7th Central Pay Commission (CPC) recommended HRA of 24% of the basic pay for those cities with population over 5 million.

New Delhi, Feb 18: The Union Government is all set to clear revised allowances for the central government staff, precisely after a year of the implementation of the 7th Pay Commission. As per reports, one year after the implementation of the new pay and pension scheme, as recommended by the 7th central pay commission, the central government employees might have something to rejoice about after the assembly elections in 5 states are over. Reportedly, the revised allowances are likely to be effective from April 1. (ALSO READ: Committee on Allowances likely to raise HRA to 30 per cent)

House rent allowances (HRA) accounts for about 60% of the total allowances bill, as The Financial Express stated and according to the revised allowance scheme, the employees, mostly in the metropolitan cities are expected to receive greater HRA than the 7th Pay Commission actually recommended. The 7th Central Pay Commission (CPC) recommended HRA of 24% of the basic pay for those cities with a population over 5 million. But the revised HRA which is being looked at by the Finance Secretary-led panel is 30%. Notably, in the 6th Pay Commission, the HRA was at 30% as well for the cities with more than 5 million people. A draft of the cabinet note for implementation of the revised allowance is expected to be circulated soon.

As per reports, the financial implication of these revised allowances will be in line with the Central Pay Commission’s estimate of around Rs. 29,300 crores, which shall also include the railways, in the first year. The panel led by the Finance secretary is also reviewing the CPC’s recommendation regarding allowances. The pay panel has also recommended scrapping of 52 benefits while merging 36 already existing benefits.

Notably, there has been only an additional allocation of Rs. 4,500 crore in the Budget for allowances and it has been assumed that the Railways will bear Rs 7,600 crore of expenditure. But as per sources stated by FE, still, the additional allocation which will be required from the General Budget could be somewhere around Rs. 17,000 crores.

The Government has, reportedly, enough leg space, thanks to the demonetisation move and the extra taxes the people had to pay under the income disclosure schemes. But according to experts, the Budget assumptions were based on optimistic estimates of nominal GDP growth for financial year 17 (FY17) and thus for FY18.

Many have been complaining about the delay in the decision of allowances to the government employees, with some claiming the formation of the panel led by the Finance Secretary as a delaying tactic itself. But this has helped to boost the spending of the government in various programmes by around Rs. 36,000 crores in FY17.

Be the first to comment - What do you think?  Posted by admin - February 20, 2017 at 6:09 pm

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Allowance Committee may submit its report on 20th February 2017

Allowance Committee may submit its report on 20th February 2017

Federation Leaders associated with National Council JCM are keep telling that Allowance Committee might submit its report on 20th February 2017. The CG Staff are already very much upset over the Government’s deliberate attempt to delay the payment of Allowances by constituting many committees. Because the payment of revised Allowances is considered will impact the Governments Exchequers.

Lot of Committees formed and Meetings held after the Notification issued for implementation of 7th CPC Recommendations. But there is no any fruitful outcome from these meetings. No sign of making decisions which satisfy the Central government employees.

Had the Allowance like HRA is paid in revised rates from the date of Notification ie 25th July 2016, it seems more beneficial than waiting for the subcommittee reports. Because if revised allowances are not given retrospective effect, it will be a huge loss for Central Government Servants.

Reports suggests that the Allowance Committee may submit its report on 20th February 2017 and it will be notified with effect from 1st April 2017. Federation sources told that It is unacceptable and we will fight it out until the revised allowances implemented with effect from 1.1.2016

Be the first to comment - What do you think?  Posted by admin - February 18, 2017 at 6:11 pm

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General Provident Fund (Tamilnadu) : Rate of interest for the period 01.01.2017 to 31.03.2017

General Provident Fund (Tamilnadu) : Rate of interest for the period 01.01.2017 to 31.03.2017
PROVIDENT FUND : General Provident Fund (Tamilnadu) : Rate of interest for the period 01.01.2017 to 31.03.2017 – Orders – Issued.

Read the following:- 1. G.O.Ms.No.276, Finance (Allowances) Department, dated 24.10.2016.
2. From the Government of India, Ministry of Finance, Department of Economic Affairs, (Budget Division) New Delhi, Resolution No.5(1)-B(PD)/2016, dated 18.01.2017.

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 8.0% for the period from 1st October 2016 to 31st December, 2016.

2. In its order second read above, the Government of India has announced that during the year 2016-2017 accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.0% with effect from 1st January 2017 to 31st March 2017.

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 8.0% (Eight point zero per cent) during the period from 1st January 2017 to 31st March 2017.

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

(BY ORDER OF THE GOVERNOR)

K. SHANMUGAM ADDITIONAL
CHIEF SECRETARY TO GOVERNMENT

Click to view the original order
Authority: www.tn.gov.in

Be the first to comment - What do you think?  Posted by admin - at 5:33 pm

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NJCA: 7th Pay Commission Centre may hike Allowances of Central Gov employees from April 1

NJCA: 7th Pay Commission Centre may hike Allowances of Central Gov employees from April 1

A day after Budget 2017 was tabled in the Parliament by Finance Minister Arun Jaitley, the CG employees were upset as Jaitely nowhere mentioned any increase in the hike of allowances in the 7th Pay Commission.

But the members of National Joint Action Committee (NJCA) are an optimist about the implementation of 7CPC and believe that the government will come up with some positive news on April 1. The NJCA also believe that the Union Government will be implementing the 7CPC latest by April 1, after the end of financial year.

On Wednesday, the central government employees were gripped with pessimism after Arun Jaitley made no reference to the anomalies related to 7CPC in his Budget speech. “All of us were eagerly waiting for Finance Minister to make some announcement on minimum wages. But after Mr Jaitley’s speech ended without mentioning a single word about the increase in the minimum wage, most of us were upset,” Shiv Gopal Mishra, NJCA chief said.

He further added, “The government may implement the 7th pay commission recommendations by April 1 and their demand to increase the minimum wage will also be implemented. If the government fails to increase minimum wages from Rs 18,000 to Rs 25,000 then we will launch a massive protest against the government”.

The NJCA has been actively involved with the Centre where they are seeking a revision of minimum salary from Rs 18,000 to Rs 26,000. The NJCA members and its conveyor had also met Home Minister Rajnath Singh, Finance Minister Arun Jaitley, Railway Minister Suresh Prabhu, a day after the implementation of 7th pay commission and had kept their demands in front of senior leaders.

Shiv Gopal Mishra is quite optimist about the hike in allowances of government employees but he is not sure that their demands of raising the minimum wage would be fulfilled by the government.

On Wednesday, most of the senior central government employees were eagerly waiting for the Budget speech as most of them expected the Finance Minister to speak on the 7th pay commission.

On July 1, 2016, the 7th Pay Commission was approved by the Union Cabinet. The date of implementation was fixed by the high-powered committee as for January 1, 2016. From the month of July, the central government employees were provided with the hiked salaries, along with the arrears of six months. But the hike was only related to the basic component of their pay. The increase in allowances was upheld, due to the anomalies raised by employees unions.

Source: India.com

Be the first to comment - What do you think?  Posted by admin - February 4, 2017 at 7:50 am

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Revision of NPS, Minimum Wage, Fitment Formula, Allowances and Pension – GS COC Karnataka

Revision of NPS, Minimum Wage, Fitment Formula, Allowances and Pension – GS COC Karnataka

“The Staff Side (JCM) had demanded the fitment formula of 3.72 that is Rs 26000/ Rs 7000 as on 1st Jan 2014. Whatever angle we look the 7th CPC has cheated us on the minimum wage and fitment formula compared to the earlier pay commission this pay commission has given us the lowest wage hike of just 14% compared to last 40 years.”

16th March Strike Importance

Dear Comrades,
The main demands of the Staff Side (JCM) which led to declaration of the 11th July strike is the revision of the NPS, minimum wage, fitment formula, allowances and pension cases etc. this is due to lowest wage hike of just 14% recommended by the 7th CPC.

Under the 7th Pay Commission slab – which was implemented ten years after the previous pay commission the salaries of the government employees saw a marginal rise of just 14% . The basic pay under the 7th CPC the minimum wage was increased to Rs 18,000 from Rs 7,000 (2.57 times) while the salary of the senior government officials has gone up to Rs 2.50 lakh from Rs 90,000(2.77 times).

The minimum wage was increased by 2.57 times but in actual terms this increase is of just Rs 2250/- in 7th CPC, while taking into account of 125% DA was merged this due to rising inflation and price rise already the CG employees wage factor was 2.25 time, that is basic of Rs 7000/- plus DA of 125% of Rs 8750 works out to Rs 15750/- , staff side had already demanded for a hike of more than three times which is Rs 26,000 per month.

Comparison of earlier wage hike we can observe that the fitment factor of 2.57 times is the lowest comparing to other pay commissions. If we make a study of earlier pay commission.

Pay Commission Year Minimum wage old Minimum wage revised Increase
2nd CPC 1959 Rs 55/- Rs 80/- 1.45 times
3rd CPC 1973 Rs 80/- Rs 196/- 2.45 times
4th CPC 1986 Rs 196/- Rs 750/- 3.82 times
5th CPC 1996 Rs 750/- Rs 2550/- 3.40 times
6th CPC* 2006 Rs 2550/- Rs 7000/- 2.74 times
7th CPC * 2016 Rs 7000/- Rs 18000/- 2.57 times

” The minimum qualification required at lower level appointments from the year 2008 has been revised from 8th pass to 10th pass (SSLC) as per the 6th CPC recommendations, hence the minimum wage should increase by 25% compared to earlier pay commissions.

The minimum wage has increased considerably due to price inflation from 4th CPC (1986) onwards the average wage hike is 3.32 times. During the period 1946 to 1972, the financial position of the Central Government was not that good. The financial position of the Central Government has been improving from the 4th CPC onwards that is from 1986 onwards, the pay fixation depends on the paying capacity of the Central Government. The revenue collection of the Central Government has increased especially from last few years. The revenue expenditure in respect of salaries of Central Government employees is just under 10% of the Central Government revenue. In respect of the many State Governments the revenue expenditure towards salaries is around 20%. Whereas the Central Government is spending just 10% of the revenue collection on salary head.

The wages of CG employees are determined based Dr. Aykroyd formula, the Staff Side (JCM) has calculated minimum wage as on 1st Jan 2014 as per the Dr. Aykroyd formula as Rs 26,000/- taking into market prices. Even if we adopt the retail prices of The Directorate of Economics & Statistics Department of Agriculture & Cooperation Ministry of Agriculture Government Of India New Delhi of the month of July 2016 the minimum wage works out to Rs 24,000/ which is 3.42 times increase. The 7th CPC has also adopted Dr. Aykroyd formula for the computation of the minimum wage and fixed at Rs 18000/- and thereafter the fitment formula is calculated.

CLICK HERE FOR MINIMUM WAGE DETAILS

Be the first to comment - What do you think?  Posted by admin - January 30, 2017 at 12:12 pm

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Regarding payment of Allowances to PS Group “B” officers whose grade pay has been up graded from Rs.4800 to 5400

Regarding payment of Allowances to PS Group “B” officers whose grade pay has been up graded from Rs. 4800 to 5400.

No. 7-6/2016-PCC
Government of India
Ministry of Communications
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi – 110001

Date : 11.01.2017

To
All the Heads of Circle

Office Memorandum

Sub : Regarding payment of Allowances to PS Group “B” officers whose grade pay has been up graded from Rs.4800 to 5400.

Attention is invited to G.S.R. 721 (E) and copy of Resolution published under no. 1-2/2016-IC dated 25.7.2016 by Ministry of Finance circulated vide DP Posts OM No. 7-2/216-PCC and Para 4 of Ministry of Finance, Department of Expenditure OM No. 1-5/2016-IC dated 29.07.2016 circulated vide DG Posts No. 7-2/2016-PCC dated 01.08.2016 regarding implementation of recommendation of 7th Central Pay Commission.

2. In this connection various Circles and Associations have sought clarification regarding payment of Transport and other allowances to the officials whose Grade Pay has been upgraded on the implementation of the recommendations of the 7th Central Pay Commission.

3. The matter has been examined in consultation with Implementation Cell, Department of Expenditure and the clarification given by the Department of Expenditure vide the ID Note No. 30-1/7(ii)/2016-IC (Pt) dated 9.1.2017 is as under :

“regarding admissibility of Transport Allowance and HRA to Superindentdent (Posts) as per up-graded Grade Pay of 5400 (PB-2) from GP 4800 w.e.f. 1.1.2016, consequent upon the up-gradation of post vide this Department notification dated 25.07.2016 of CCS (RP) Rule, 2016.

The issue has been examined by this Department. Accordingly, the Department of Posts is advised to reckon and pay the Allowances (other than DA) to Superindentdent (Posts) corresponding to their up-graded Post in re-revised pay structure w.e.f. 1.1.2016 at the existing rate under the terms and conditions prevailing in the pre-revised pay structure till the date of effect of allowances (other than Dearness Allowance) be notified by this Department”.

4. This may be brought to the notice of all concerned for necessary action.

(R.L. Patel)
Asst. Director General (GDS/PCC)

Click to view the order

Authority: India Post

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Budget 2017 – EC’s Order could bring Cheer to Central Government Employees

Budget 2017 – EC’s Order could bring Cheer to Central Government Employees

Budget 2017 will be keenly watched by millions of CG employees, after waiting patiently for months over hike in allowances as recommended by the 7th Pay Commission.

A new development on Monday could still raise hopes for about 47 lakh Central government employees and 53 lakh pensioners, of which 14 lakh employees and 18 lakh pensioners are from the defence forces, despite the model code of conduct.

The Election Commission of India (EC) said in its order issued on Monday that the budget cannot have promises that are aimed at the five states that could give an electoral edge.

“The Commission hereby directs that in the interest of free and fair elections and in order to maintain level playing field during elections, no State specific schemes shall be announced in the National Budget which may have the effect of influencing the electors of the five poll going States in favour of the ruling party(ies),” the EC said.

“It may be ensured that in the Budget Speech, the Government’s achievements in respect of said five States will also not be highlighted in any manner,” the poll panel added.

In other words, the present government could take a call on raising allowances as proposed by the 7th CPC since the decision would have a pan-India effect and not necessarily be seen as luring voters of the five states. So, the model code of conduct need not come as a hurdle.

Money has not been seen as a constraint given that the tax collections have remained buoyant this year and the government also made adequate provisions (Rs. 70,000 crore) for implementing the 7th CPC proposals in Budget 2016.

“The Government announced that the second income disclosure scheme (IDS II) will run till March 31. We continue to estimate that it will net the fisc about Rs1000bn/0.7% of GDP of additional taxes. This should allow Finance Minister Jaitley to hold the FY18 fiscal deficit at 3.5% of GDP – same as FY17’s – and at the same time fund the 7th Pay Commission and recapitalize PSU banks, without cutting back on public capex,” BofA Merrill Lynch had said in a note a few weeks ago.

Source: IBtimes

Be the first to comment - What do you think?  Posted by admin - January 25, 2017 at 1:54 pm

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7th pay commission: This is why Modi government not giving hike to 47 lakh employees

7th pay commission: This is why Modi government not giving hike to 47 lakh employees

Reports suggest that the committee under the chairmanship of finance secretary Ashok Lavasa has finalised its report for salary hike in accordance with the recommendations of the seventh CPC, but the government is unable to pay the allowances to its employees due to cash crunch.

More than 14 months have passed since the seventh pay commission report was submitted and little less seven months have elapsed since the union cabinet approved implementation of the salary hike recommendations, but the central government employees are still awaiting the good news.

Demonetisation is said to be the reason behind the delay in announcing allowances by the Narendra Modi government for the 47 lakh employees and 53 lakh pensioners. The number of beneficiaries includes 14 lakh employees and 18 lakh pensions from the armed forces.
HOW DEMONETISATION AFFECTS PAY HIKE: THINGS TO KNOW

  1. The government has announced that it will implement the seventh pay commission’s recommendations from January 1 last year. But, in the aftermath of demonetisation, the government is not in position to make the final decision.
  2. The seventh pay commission proposed a 138.71 per cent hike in housing allowance (HRA) and 49.79 per cent for other allowances.
  3. The pay commission estimated that during the current fiscal, the hike in allowances would add a burden of Rs 29,300 crore (Rs 17,200 crore under HRA and Rs 12,100 crore under other allowances). This is a huge sum but after demonetisation, the government is working hard to stave off the cash crunch that set in.
  4. The Modi government has constituted a committee to look into the recommendations regarding allowances and the manner of their implementation.
  5. Some reports suggest that the committee under the chairmanship of finance secretary Ashok Lavasa has finalised its report, but the government is unable to pay the allowances to its employees due to cash crunch.
  6. The employees’ unions have been putting pressure on the finance ministry to announce hike in allowances at the earliest.
  7. The announcement of assembly elections in five states has given some time for the government as it cannot announce pay hikes till the model code of conduct is in place.
  8. The assembly elections have given the government time till March 8, by when there would be some additional cash in circulation. But, by then the budget would have been presented and accommodating over Rs 29,000 crore for salaries and pensions in the budge may pose a problem.
  9. The delay in implementation of the seventh pay commission’s recommendations has caused tremendous irritation and frustration among employees.
  10. The BJP may have to face a backlash in the assembly elections in the five states, two of which is ruled by the party either directly or in alliance. Thus, demonetisation move by the Modi government may strike a double blow to the BJP in polls.

Source: Indiatoday

Be the first to comment - What do you think?  Posted by admin - January 21, 2017 at 10:22 am

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Salaried peoples expectations from Budget 2017-18

Salaried peoples expectations from Budget 2017-18

New Delhi: Finance Minister Arun Jaitley unveils the budget on 1 February. The salaried class has a lot of expectations from the Budget. Increase in the personal income tax exemption limit and a higher deduction limit on home loan interest are among the common ones, say analysts.

The following salaried people’s expectations from FM Jaitley’s Budget 2017-18:

1. Raise minimum limit for taxable income

Considering the increase in cost of living, the current basic exemption limit of 2.5 lakh should be raised to Rs. 3 lakh. If the minimum limit is increased, it will not only benefit taxpayers at the bottom but also salaried class youth who are starting out as employees.

2. Change in tax slabs

A Change in of tax slabs will be a big balm for the salaried class. Currently, 10 per cent tax is charged on annual income of Rs 2.5 lakh to Rs 5 lakh, 20 per cent on Rs 5 lakh to Rs 10 lakh and 30 per cent on income above Rs 10 lakh. The first two slabs can be widened or taxed at a lower rate.

3. Raise exemption limit on allowances

Salaried employees enjoy exemption from tax on several allowances/benefits that the employer provides such as children’s education, conveyance, medical reimbursement, house rent and leave travel. The allowance limits were fixed a long time ago and need to be revised in view of inflation.

4. Increase deduction under Section 80C

Currently, deduction under Section 80C of the Income-tax Act is allowed from Rs 150,000 to Rs 300,000. If Jaitley increases the limit, he can boost household savings which can ultimately get invested and power growth.

5. Bring back deduction on infrastructure bonds

The government may reintroduce deduction of Rs 20,000 or actual amount invested, whichever is lower, for investments made in infrastructure bonds. This will also boost spending, spur growth and create more jobs.

6. Offer more incentives for NPS investment

Jaitley can offer more incentives for taxpayers to invest in the National Pension System (NPS). He can increase the deduction under Section 80CCD (1B) to Rs 100,000 from the existing Rs 50,000. He can also being NPS on par with the Employees Provident Fund or Public Provident Fund with respect to exemption of 100 per cent of the accumulated balance on withdrawal, subject to certain conditions.

7. Offer interest subvention on home loans

Prime Minister Narendra Modi has already offered interest subvention of 3 per cent and 4 per cent for loans of up to Rs 12 lakh and Rs 9 lakh, respectively, under the Pradhan Mantri Awas Yojana. However, these subventions are targeted at buyers in Tier 3 cities. Budget 2017 has scope of offering interest subvention on larger amounts of loan which will benefit buyers in big cities and other urban areas.

8. Allow higher deduction on home loan EMIs

Currently, the deduction available on interest on home loan is up to Rs 2,00,000. The deduction can be claimed on the principal repayment for up to Rs 1.50 lakh. There is a large scope in both cases to raise the deduction limits.

9. Allow early deduction on home loan EMIs

Deduction for interest on home loan is currently available only after the buyer gets the possession of the property. This means the benefit begins several years after the buyer gets the home loan and begins paying the EMIs. This deduction can be given right from the payment of the first EMI.

10. Raise exemption limit for senior citizens

The existing exemption limit of Rs 300,000 for senior citizens (60 years to less than 80 years) and Rs 500,000 for super senior citizens (80 years and above) could be enhanced to Rs 400,000 and Rs 600,000 respectively.

TST

Be the first to comment - What do you think?  Posted by admin - January 18, 2017 at 4:55 pm

Categories: Income Tax, IT Exemption   Tags: , , , , , , , , , ,

Final allowances for central govt employees under 7th Pay Commission likely to come in March: Fin Min official?

Final allowances for central govt employees under 7th Pay Commission likely to come in March: Fin Min official?

New Delhi: The struggle of central government employees unions seeking better allowances under 7th Pay Commission may be bearing fruit soon.

Finance Ministry is expected to announce new set of allowances for central government employees by March.

“May implement new allowances structure for government staff by March”, a Finance Ministry official told BTVi on Friday. BTVi tweeted:

In October the ‘Committee on Allowances’ finalised the report but the government gave then the extension till February 22, 2017, to submit its report for getting normalised the cash crunch position.

Currently, the central government employees are getting allowances under the 6th Pay Commission recommendations.

The 7th pay commission had recommended abolishing of 51 allowances and subsuming 37 others out of 196 allowances. On the protest of central government employees, the government set Committee on Allowances headed by the Finance Secretary Ashok Lavasa To review allowances other than dearness allowance. However, it is still unclear whether arrears on allowances would be given or not.

Source : zeenews

Be the first to comment - What do you think?  Posted by admin - January 9, 2017 at 3:51 pm

Categories: 7CPC, Allowance   Tags: , , , , ,

7th Pay Commission: Top 2 developments before Budget 2017 raise hopes for Central government employees

7th Pay Commission: Top 2 developments before Budget 2017 raise hopes for Central government employees

The finance ministry seems better placed now after demonetisation to decide on raising allowances as recommended by the 7th Pay Commission.

With the dust at least partly settled over demonetisation and the subsequent disruption at the finance ministry, there seems to be renewed cheer among Central government employees of a decision on allowances as recommended by the 7th Central Pay Commission (CPC). Two developments in this regard are worth taking note of, even as Budget 2017 is about a month away.

As has been reportedly earlier, the second amnesty scheme for tax defaulters – Pradhan Mantri Garib Kalyan Yojana, 2016 – estimated to net the Modi government a substantial amount, the financial outgo of Rs 1,02,100 crore no longer seems to be a hurdle.

However, the note ban decision and the spate of activities that followed the decision about raising allowances to the back burner made employees restive.

Now they hope the government will quickly move on the issue that involves about 47 lakh Central government employees and 53 lakh pensioners, of which 14 lakh employees and 18 lakh pensioners are from the defence forces.

While a website claiming to represent bureaucrats said that the finance ministry is likely to pay the enhanced allowances (possibly along with arrears) after Budget 2017 in February, another said that employees have sought a meeting with the ministry to resolve the issue at the earliest.

“Government is very pleased to pay the higher allowances to its employees after Budget. The acute cash crunch in banks and ATMs that prevailed for a month following the demonetization move of the government has eased from January 1, as the daily withdrawal limit from ATMs has been increased from Rs 2,500 to Rs 4,500. Hence, the Finance Ministry felt it would be wiser to announce of higher allowances after Budget,” the Sen Times quoted a senior finance ministry official as saying.

Another significant development is a communication by the staff side National Council of the Joint Consultative Machinery (JCM) seeking an early redressal of the issue.

“Almost four months have passed (since September 1, 2016 meeting) without any outcome. All the Central Government Employees are quite agitated as well as are having mental agony because allowances of the VII CPC, have not been implemented. You are therefore, requested to fix-up a meeting of the Committee on Allowances, at an earliest to resolve the issues placed in the memorandum of the Staff Side(JCM) on various allowances,” the letter read.

The CPC examined 196 allowances and gave its recommendations on abolishing or raising some of them while recommending others to be subsumed with other perks. It had proposed 138.71 percent hike in HRA and 49.79 percent for other allowances, while submitting its voluminous report in November 2015.

The Budget for the financial year 2017-18 is likely to be presented on February 1 by Finance Minister Arun Jaitley.

Source: ibtimes.co.in

Be the first to comment - What do you think?  Posted by admin - January 3, 2017 at 6:48 pm

Categories: 7CPC   Tags: , , , , , , , , , ,

Meeting with the Committee on Allowances

Meeting with the Committee on Allowances

Shiva Gopal Mishra
Secretary

Ph.: 23382286
National Council (Staff Side)
13-C, Ferozshah Road, New Delhi – 110001
E Mail : nc.jcm.np@gmail.com

No.NC-JCM-2016(Allowances)

The Secretary(Expenditure),
Ministry of Finance,
(Government of India),
North Block,
New Delhi

Dated: December 29, 2016

Dear Sir,

Sub: Meeting with the Committee on Allowances

The Staff Side, National Council(JCM) had a meeting with the Committee on Allowances on 1st September, 2016, wherein it was advised us to send the committee a detailed note. Subsequently, on 16th September, 2016 we sent a detailed note on the allowances to your goodself with the hope that the Committee on Allowances would consider the same, and in case of reservations, they would at least hold a meeting on the detailed memorandum submitted by the Staff Side(JCM).

Almost four months have passed without any outcome. All the Central Government Employees’ are quite agitated as well as are having mental agony because allowances of the VII CPC, have not been implemented.

You are, therefore, requested to fix-up a meeting of the Committee on Allowances, at an earliest to resolve the issues placed in the memorandum of the Staff Side(JCM) on various allowances.

Here it is worth-mentioning that, the issues related to DoP&T were discussed by the Secretary (DoP&T) with the Staff Side on 25th October, 2016. The Staff Side is of firm opinion that, there should be resolution to the demands, and these Allowances should be implemented with effect from 01.01.2016, i.e. the date from which VII CPC has been implemented.

Sincerely yours

(Shiva Gopal Mishra)
Secretary(Staff Side)

Source : http://ncjcmstaffside.com

Be the first to comment - What do you think?  Posted by admin - December 31, 2016 at 11:05 am

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Higher Allowances: Central government employees have no option but to wait for cash flow to ease

Higher Allowances: Central government employees have no option but to wait for cash flow to ease

New Delhi: The central government wants to announce higher allowances under 7th Pay Commission award for its 48 lakh employees and 52 lakh pensioners, after taking the steps to ease the cash flow, that has been a major problem ever since demonetisation was announced for higher allowances announcement, official sources said.

The hike in basic pay without allowances is not helpful for maintaining central government employees’ living standard, Finance Ministry sources told on Friday.

They had also said the allowances of government employees besides basic pay should increase which would give them some financial comfort, a step they had hoped might be taken after next budget, when the cash crunch would ease.

They added that the decision on higher allowances to push since getting of payments to made ease and without facing cash crunch. Hence, the Finance Ministry felt it would be wiser to announce of higher allowances when the cash flow to ease.

In the current financial year, the government has given higher basic pay with arrears, effective from January 1, 2016 to its employees on the recommendations of the 7th pay commission but the hike in allowances other than dearness allowance referred to the ‘Committee on Allowances’.

It compelled the the central government employees to get the allowances according to the 6th Pay Commission recommendations until issuing of higher allowances notification.

“The committee on Allowances headed by the Finance Secretary Ashok Lavasa has finalized the report on the allowances in October but the government don’t want to announce it now, so the government gave extension the committee till February 22, 2017 to submit the report on higher allowances for getting normalized the cash crunch position, ” the Finance Ministry sources said.

They also added that Finance Minister Arun Jaitley may announce the higher allowances in his budget speech for 2017-18.

TST

Be the first to comment - What do you think?  Posted by admin - December 30, 2016 at 7:16 pm

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7th pay commission: Government mulling over higher allowances without arrears

7th pay commission: Government mulling over higher allowances without arrears

7th-Pay-Commission

New Delhi: The government is considering to give relief to central government employees amid cash crunch, which refusing to ease on even after six weeks of the demonetisation announcement, official sources today said.

“We can expect the higher allowances without arrears under 7th pay commission recommendations in the coming days as the PMO thinks payment of the higher allowances with salaries on salary day cannot be “chaotic”, a close aide of the Finance Minister told The Sen Times.

“The PMO might ask the Finance Ministry to ready the higher allowances proposal without arrears before the budget. The Finance Minister Arun Jaitley can also take some time to formalise this announcement. The issue of arrears of higher allowances may not be reconsidered”, he said.

Another official said the government is considering to make only allowances hike for its employees. “The financial advisors of the government believe it could be tough to give arrears of the higher allowances as millions will queue outside the money dispensers to get higher allowances as the cash crunch may be normalised in three to four months.”, the official revealed.

In the current financial year, the government has given higher basic pay with arrears, effective from January 1, 2016 to its employees on the recommendations of the 7th pay commission but the hike in allowances other than dearness allowance referred to the ‘Committee on Allowances’ headed by the Finance Secretary Ashok Lavasa for examination as the pay commission had recommended of abolishing 51 allowances and subsuming 37 others out of 196 allowances.

Existing allowances are now paid to the central government employees according to the 6th Pay Commission recommendations until issuing of higher allowances notification.

Earlier, Finance Secretary Ashok Lavasa said, “We are ready to submit our report, when the Finance Minister Arun Jaitley calls up.”

But the government gave extension to the committee up to February 22, 2017 to take cash crunch turn for better.

“The government would comply with the cash crunch to give higher allowances without arrears. The government wishes to give the higher allowances with arrears from August to its employees”, said the sources.

They said the PMO still wants to somehow bring out the higher allowances without arrears for the central government employees now, “but the Finance Ministry cannot take emotional decisions. We hope the announcement for the higher allowances will come with arrears soon after the budget.”

“The committee on allowances proposed higher allowances from August 2016 but the central government employees unions demanded for implementation of the allowances with retrospective effect from January 2016,” the sources also said.

TST

Be the first to comment - What do you think?  Posted by admin - December 22, 2016 at 11:57 am

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7th Pay Commission: Finmin gets 2 months more to issue higher allowances notification

7th Pay Commission: Finmin gets 2 months more to issue higher allowances notification

New Delhi: The Finance Ministry has got 2 months extension to issue the higher allowances notification under 7th Pay Commission recommendations, a Finance Ministry official said on Monday on condition of anonymity.

“The October-November month is the scheduled for issuing notification for the Finance Ministry, but the time was extended by 2 months because the cash crunch on account of demonetisation, which is taking time to get normality.

Therefor,unless the banks can begin to function with a modicum of efficiency, the government will not issue notification on higher allowances to save demonetisation chaos,” the official said.

He further said “the issue of increased financial activities after demonetisation compels the government to keep in abeyance to issue higher allowances notification for getting normalized the position and it is likely to issue from January next, after the the cash crunch will ease.

However the government wants to issue the higher allowances notification speedily in a time bound manner.”

The committee on allowances head Finance Secretary Ashok Lavasa said in October, “We are ready to submit our report, when the Finance Minister Arun Jaitley calls up.”

The government constituted the committee on allowances in June headed by Finance Secretary Ashok Lavasa to examine the 7th Pay Commission recommendations on allowances, other than dearness allowance.

“The committee has been asked to submit its report within four months and it was ready to submit its report in advance but the government intends to accept the report after December 30, deadline for depositing demonetised notes,” the official said.

Existing allowances are now being paid to the central government employees according to the 6th Pay Commission recommendations until issuing of higher allowances notification.

Be the first to comment - What do you think?  Posted by admin - December 5, 2016 at 7:23 pm

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6th Meeting of committee on Allowances constituted to examine the recommendations of 7th CPC regarding Allowances

NFIR
National Federation of Indian Railwaymen
3, Chelmsford Road, New Delhi – 110 055

No.IV/NIrIll/7 CPC (IMPl)/Allowances/2016

Dated: 29/11/2016

The General Secretaries of
Affiliated Unions of NFIR

Brother,

Sub: 6th Meeting of committee on Allowances constituted to examine the recommendations of 7th CPC regarding Allowances-reg.

Ref: RailwayBoard’sletter No.PC-VII/2016/CDS/3 dated 28/ll/12016

General Secretary, NFIR has participated in the 6th Meeting of the Committee on Allowances constituted to examine the recommendations of 7th CPC regarding Allowance at 17:30 Hrs on 28/11/2016 at Room No.169-D(Fresco), 1st Floor, North Block, New Delhi chaired by Finance Secretary, Government of India, participated by Member Staff/Railway Board, Secretary/Ministry of Defence, Secretary Postal, Additional Secretary (Expenditure), Joint Secretaries etc.

The points raised by the General Secretary, NFIR in the meeting and sent to the Joint Secretary (implementation Cell, 7th CPC) though a communication vide dated 29th November, 2016 (as confirmation of points) may be perused in the enclosure to this letter for conveving the contents to the staff down the line.

 

Yours fraternally,
sd/-
(Dr.M.Raghavaiah)
General Secretary

Source: NFIR

Be the first to comment - What do you think?  Posted by admin - November 30, 2016 at 12:00 pm

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