Posts Tagged ‘Finmin Orders’

Vacant Posts in the Grade of Canteen Attendant in the Departmental Finance Canteen – DoE Orders

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Vacant Posts in the Grade of Canteen Attendant in the Departmental Finance Canteen – DoE Orders

Department Expenditure is in the process of filling up vacant posts in the grade of Canteen Attendant in the Departmental Finance Canteen.

F.No.A-12026/02/2016-Ad.II
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi,
Dated, the 17 November, 2017

A. The Ministry of Finance, Department Expenditure is in the process of filling up vacant posts in the grade of Canteen Attendant in the Departmental Finance Canteen of this Department.

B. Applications are invited on direct recruitment basis as under:-

Name of
the post
Pay
Scale
Age as on closing date SC ST OBC UR PwD Total No. of post
Canteen Attendant In New Pay Matrix Rs. 18000-56900/- 18-25 years 1 1 2 4 0 8 (Eight)*

(*The number of vacancies is subject to change).

C. Details of the posts (Minimum educational qualification, experience, age limit etc.);

1. Pay Scale: Pay Band-I (Rs.5,200 – Rs. 20,200) plus Grade Pay of Rs.1800/-. In New Pay Matrix Level-I (Rs.18000 – 56900) as per recommendations of 7th CPC.

2. Educational Qualification: Matriculation or equivalent from any recognized Institute/ board / Organisation.
3. Age limit: 18-25 Years.

4. Age relaxation: As per existing rules. Relaxation of age limit upto 40 years for Government Servant in accordance with the order issued by the Central Government from time to time.

5. Candidates should apply as per the enclosed proforma only. Application in any other format will not be accepted.

6. Candidates will forward application properly sealed in an envelope to, “The Under Secretary (Admn.), Ministry of Finance, Department of Expenditure, Room No. 225-E, North Block, New Delhi-110001″, through ordinary posts/by hand. Registered applications will not be accepted. Candidates are requested to super scribe the words,” Application for the post of Canteen Attendant” on the top of the envelop while sending the application form.

7. Last date of receipt of application is 60 Days from the date of publication of the advertisement in Employment News.

8. The Crucial date for determining the age limit shall be the closing date for receipt of application.

9. Photocopy of the following documents/Certificates to be attached along with application form duly attested.

i) Matriculation or equivalent certificate.
ii) Mark sheet of educational qualification (Matriculation or equivalent)
iii) SC/ST/OBC certificate.
iv) Certificate / diploma in hospitality management / cooking / catering (Optional)
v) Copy of the Employment Exchange Registration ID number.
vi) NOC in original from their present employer in case of Government servant.

Note:- Original certificate should not be sent with the application. These should be produced only in time of verification of document.

10. Incomplete / Ineligible application will be deemed to be invalid and will be rejected without intimation to the candidate. Applicant must read the advertisement carefully before applying for the same.

11. The number of vacancies is subject to change. Further, the employer has the right to cancel or modify this notification without assigning any reason thereof.

12. Canvassing in any form will disqualify the candidate. ‘No enquiry or correspondence will be entertained’.

13. No TA/DA is admissible.

14. The decision of the Appointment Authority will be final.

15. The recruitment process can be cancelled / postponed / suspended / terminated without any prior notice / assigning any reason at any stage.

16. Candidates having certificate / diploma in hospitality / cooking / catering may be given preference.

(S.K. Biswas)
Under Secretary to the Govt. of India.

View order

Authority: www.doe.gov.in

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Annual Report on Pay & Allowances for Central Government Employees – Finance Ministry

Annual Report on Pay & Allowances for Central Government Employees – Finance Ministry

Pay Research Unit
Department of Expenditure
Ministry of Finance
New Delhi

ANNUAL REPORT ON PAY & ALLOWANCES FOR THE YEAR 2016-17

SALIENT FEATURES

1. The total expenditure on Pay and Allowances (excluding Productivity Linked Bonus/Ad-hoc Bonus, Honorarium, Encashment of Earned Leave and Travelling Allowance) for Regular Central Government Civilian employees including employees of the Union Territories was Rs.182513.25 crore in 2016-17 as compared to Rs.150028.57 crore in 2015-16. Thus, there is an increase in expenditure by Rs.32484.68 crore over previous year which in relative terms works out to around 21.65%.

2. The Total expenditure on pay and allowances as a percentage of Revenue Receipts and Revenue Expenditure of the Central Government during the financial year 2016-17 is 10.88% and 9.18% as compared 10.45% and 8.43% respectively during the financial year 2015-16.

3. Out of the total expenditure of Rs.182513.25 crore, the percentage expenditure on Pay, Dearness Allowance (DA), House Rent Allowance (HRA) and other allowances are 65.75%, 16.57%, 3.42% and 14.26% respectively.

4. Out of the total expenditure of Rs.6253.93 crore on HRA in 2016-17, the HRA expenditure for ‘X’ class cities is Rs.2817.83 crore which is around 45.06% of the total expenditure on HRA.

5. Almost 86% of the total expenditure was incurred by five major Ministries/Departments (Railways, Defence (Civil), Home Affairs, Posts and Revenue) during 2016-17.

6. Of the total expenditure on Pay and Allowances in 2016-17, the Ministry of Railways continues to have the largest share i.e 38.92% , marginally increased from 34.98% in 2015-16. Share of Ministry of Home Affairs has decreased from 26.59% to 25.06% and department of Posts has been decreased from 7.74% to 5.55% . Share of Ministry of Defence (Civil) has decreased from the previous year i.e. from 12.11% to 12.04%.

7. The expenditure of UT administrations is Rs.3781.92 crore in 2016-17 as compared to Rs.3382.19 crore in 2015-16. Thus, there is an increase in expenditure by Rs.399.73. crore over previous year which in relative terms works out to around 11.82%.

8. The expenditure of Indian Missions/ Embassies abroad is Rs.1426.08 crore in 2016-17 as compared to Rs.1159.54 crore in 2015-16. Thus, there is an increase in expenditure by Rs.266.54 crore over previous year which in relative terms works out to around 22.98%.

9. As on 01.03.2016, the total number of Regular Central Government Civilian Employees in position was 32.21 lakh against the sanctioned strength of 36.34 lakh and approximately 11.36% of the posts were vacant.

10. Almost 92% of the total manpower is covered by five major Ministries/Departments viz, Railways, Defence (Civil) , Home Affairs, Posts and Revenue. Of the total strength of 32.21 lakh, the percentage share of the Railways is 41.33%, Home Affairs 29.44%, Defence (Civil) 12.37%, Posts 6.02 %, Revenue 3.11% and all other Ministries/ Departments 7.73%

11. Against the sanctioned strength of 9.57 lakh in Central Police Forces, 9.01 lakh employees were in position as on 01.03.2016. In Union Territories (UTs) 64910 employees were in position as on 01.03.2016.

12. DA based on All India Consumer Price Index.

Source: www.doe.gov.in

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SCoS: Instructions for processing foreign visits of officers of the Government of India for approval of Screening Committee of Secretaries

Instructions for processing foreign visits of officers of the Government of India for approval of Screening Committee of Secretaries (SCoS)

No. 4(4)/E.Coord/2015
Government of India
Ministry of Finance
Department of Expenditure

 New Delhi, 27th November 2017

Subject: Instructions for processing foreign visits of officers of the Government of India for approval of Screening Committee of Secretaries (SCoS)

Reference is invited to this Department’s OM of even number dated 5th January 2016 on the above subject. Para 22 of the ibid OM provides that ‘Proposals, complete in all respects, seeking approval of SCoS shall be submitted to Department of Expenditure 15 days prior to departure date of delegation’.

2.It has been observed that Ministries/Departments are not submitting their proposals within the stipulated time, often sending proposals one day prior to the departure of the official (s). While it is understandable that requisite approvals and clearances from different agencies/departments take time, it has been observed that Ministries/Departments have been casual in processing their proposals internally without giving due regard to the time frame stipulated for receiving the proposals in Department of Expenditure and seeking approval of the SCoS. Late receipt of proposals for SCoS approval leads to administrative inconveniences both for the SCoS and Ministries/Departments.

3.Hence, Ministries/Departments are directed to ensure that as far as possible, proposals of foreign visits requiring SCoS approval are received 15 days prior to departure date of the delegation but not later than 5 days before date of departure of the delegation. Proposals not adhering to the time frame are liable to be rejected.

S/d,
(H. Atheli)
Director

Source: DoE

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Central Government Employees Group Insurance Scheme 1980 – Table of Benefits for the saving fund for the period from 01.10.2017 to 31.12.2017

Central Government Employees Group Insurance Scheme 1980 – Table of Benefits for the saving fund for the period from 01.10.2017 to 31.12.2017

Central-Government-Employees-Group-Insurance-Scheme

No.7(2)/EV/2016
Government of India
Ministry of Finance
Department of Expenditure

New Delhi, the 23 November, 2017

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.10.2017 to 31.12.2017.

The Tables of Benefits for Savings Fund to the beneficiaries under the Central Government Employees Group Insurance Scheme-1980, which are being issued on a quarterly basis from 01.01.2017 onwards, as brought out in this Ministry’s OM of even number dated 17.03.2017, for the quarter from 01.10.2017 to 31.12.2017, as worked out by IRDA based on the interest rate of 7.8% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(1)-B(PD)/2017 dated 23.10.2017, are enclosed.

2.The Tables enclosed are of two categories as per the existing practice. As hitherto, the first Table of Benefits for the savings fund of the scheme is based on the subscription of Rs.10 p.m. from 1.1.1982 to 31.12.1989 and Rs.15 p.m. w.e.f. 1.1.1990 onwards. The second Table of Benefits for savings fund is based on a subscription of Rs.10 p.m. for those employees who had opted out of the revised rate of subscription w.e.f. 1.1.1990.

3.While these orders are in respect of Table of Benefits for the period from 01.10.2017 to 31.12.2017, the Tables already issued for the quarters from 1.1.2017 to 31.3.2017, from 1.4.2017 to 30.6.2017 and from 01.07.2017 to 30.09.2017 are also reproduced for the sake of convenience and consolidation.

4.In their application to the employees of Indian Audit and Accounts Department, these orders are issued after consultation with the Comptroller & Auditor General of India.

5.Hindi version of these orders is attached.

sd/-
(Amar Nath Singh)
Director

Authority: http://www.doe.gov.in/

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7th CPC Pay Matrix Level-13 Modification – Multiplying Factor 2.67

Modification of Level-13 of Pay Matrix – Issues regarding

7th-CPC-pay-matrix-level-13-multiplying-factor

No.4-6/2017-IC/E-III(A)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated,the 28th September, 2017

OFFICE MEMORANDUM

Subject: Modification of Level-13 of Pay Matrix – Issues regarding

The undersigned is directed to invite attention to the Pay Matrix contained in Part A of the Schedule of the CCS(RP) Rules, 2016 as promulgated vide notification No.GSR 721 (E) dated 25th July, 2016, where the Level-13 of the Pay Matrix starts at Rs.1,18,500 at Cell one and ends at Rs.2,14,100 at Cell twenty one and to state that in terms of CCS(Revised Pay) (Amendment) Rules, 2017 promulgated vide G5R 592(E) dated 15.6.2017, the said Level 13 of the Pay Matrix has been modified. The modified Level 13 starts at Rs.1,23,100 at Cell one, ending at Rs.2,15,900 at Cell twenty.

2.The modified Level-13 in terms of the CCS(Revised Pay) (Amendment) Rules, 2017 takes effect from 1st January,2016. Accordingly, the earlier Level-13 of the Pay Matrix as contained in CCS(RP) Rules, 2016 notified on 25.7.2016 and effective from 1st January, 2016 has become non-existent ab-initio with the promulgation of the CCS(Revised Pay) (Amendment) Rules, 2017. The modified Level 13 is an improvement on the earlier Level 13 in as much as the earlier Level 13 is based on the ‘Index of Rationalisation’ (IOR) of 2.57, whereas the modified Level 13 is based on the IOR of 2.67. It is for this reason of improvement that the modified Level 13 begins at Rs.1,23,100, as against the earlier one which began at Rs.1,18,500.

3. Consequent upon the aforesaid modification of Level 13 in terms of the CCS(Revised Pay) (Amendment) Rules, 2017 effective from 1.1.2016 and the resultant re-fixation of pay therein in supersession of the earlier pay fixation, references have been received from Ministries/Departments seeking clarifications on certain issues. These issues and the decisions thereon are brought in the succeeding paragraphs.

Issue No. 1 – Whether pay in the Level-13 is to be fixed by multiplying by a factor of 2.57 or 2.67

4. The 7th Central Pay Commission, while formulating the various Levels contained in the Pay Matrix, corresponding to the pre-Revised pay structure, used “Index Of Rationalization” (IOR) to arrive at the starting Cell of each Level (the 1st Cell) of the Pay Matrix. This IOR has been applied by the Commission on the minimum entry pay corresponding to the successive Grades Pay in the pre-Revised pay structure. In Level-13 of the Pay Matrix, as formulated by the 7th CPC and as accepted by the Government in terms of the CCS(RP) Rules, 2016 promulgated vide notification dt. 25.7.2016, the IOR was 2.57. The IOR in respect of both Levels 12 and Level 13-A, i.e., Levels immediately lower and immediately higher than Level-13, is 2.67. Therefore, the modified Level-13 in terms of the Pay Matrix contained in the CCS(Revised Pay) (Amendment) Rules, 2017 has also been formulated based on the IOR of 2.67.

5.While the concept of the IOR, as applied by the 7th CPC, is exclusively in regard to formulation of the Levels in Pay Matrix, the formula for fixation of pay in the Pay Matrix based on the basic pay drawn in the pre-revised pay structure for the purpose of migration to the Pay Matrix, as recommended by the 7th CPC, is based on the fitment factor of 2.57. The Commission recommends ” this fitment factor of 2.57 is being proposed to be applied uniformly for all employees.” Accordingly, Rule 7 (1)(A)(i) of the CCS(RP) Rules, 2016, relating to fixation of pay in the revised pay structure, clearly provides that “in case of all employees the pay in the applicable level in the Pay Matrix shall be the pay obtained by multiplying the existing pay by a factor of 2.57………”

6.Thus, the fitment factor for the purpose of fixation of pay in all the Levels of Pay Matrix in the revised pay structure is altogether different from the IOR. The fitment factor of 2.57 is uniformly applicable for all employees for the purpose of fixation of pay in all the Levels of Pay Matrix. This has no relation with the “IOR”. The formula for fixation of pay based on the fitment factor of 2.57, as contained in Rule 7(1)(A)(i) of the CCS(RP) Rules,2016, has not been modified by the CCS (Revised Pay) (Amendment) Rules,2017.

7. Accordingly, pay in the Level-13 of the Pay Matrix, as provided for in the CCS(Revised Pay) (Amendment) Rules, 2017, shall continue to be fixed based on the fitment factor of 2.57 as already provided for in Rule 7(1) (A) (1) of CCS(RP) Rules, 2016. In case pay has been fixed in the modified Level-13 by way of fitment factor of 2.67, the same is contrary to the Rules and is liable to be rectified and excess amount recovered forthwith.

Issue No. 2 : Pay re-fixed in the modified Level-13 working out lower than the pay fixed in the earlier Level-13

8. As mentioned above, earlier Level 13 in operation before the coming into force of CCS(Revised Pay) (Amendment) Rules, 2017 promulgated vide notification dt. 15.6.2017, has become non-existent ab-initio and the modified Level 13 as contained in CCS(Revised Pay) (Amendment) Rules, 2017 is the applicable Level 13 from 1.1.2016. Therefore, the earlier Level 13 is extinct and, hence, no employee can retain the some consequent upon promulgation of CCS(Revised Pay)(Amendment) Rules, 2017.

9. As such, pay in respect of those, who are entitled to Level 13 either from 1.1.2016 or from any date later than 1.1.2016, has to be re-fixed in the modified Level 13 and the pay as earlier fixed in the earlier Level 13 gets automatically rescinded. Therefore, pay, as fixed in the modified Level 13 in terms of Rule 7 of the CCS(RP)Rules, 2016 in case of those who were drawing pay in the pre-revised pay structure in PB-4 plus Grade Pay of Rs.8700 as on 31.12.2015 or in terms of Rule 13 thereof in case of those promoted to Level 13 on or after 1.1.2016, shall now be the pay for all purposes.

10. However, a few instances have been brought to the notice of this Ministry, where pay fixed in the modified Level-13 contained in CCS (RP) (Amendment) Rules,2017 works out less than the pay fixed in the earlier Level-13 before promulgation of this amendment.

11.The pay fixed strictly in terms of the applicable provisions of CCS(RP) Rules, 2016 in the earlier Level-13 before promulgation of CCS(Revised Pay) (Amendment) Rules, 2017, was the pay before the date of promulgation of the said Amendment Rules on 15.6.2017. As pay is now required to be re-fixed in the Level-13 contained in the CCS(Revised Pay) (Amendment) Rules, 2017, any overpayment, if taking place, consequent upon such re-fixation is not attributable to the concerned employee.

12.Accordingly, it has been decided that if the pay re-fixed strictly as per Rule 7 or Rules 13, as the case may be, of the CCS(RP) Rules, 2016 in the Level-13 based on the Pay Matrix contained in the CCS(Revised Pay) (Amendment) Rules, 2017 ( as per the fitment factor of 2.57) happens to be lower than the pay as earlier fixed as per the said Rules ( fitment factor of 2.57) in the earlier Level-13, then while the pay as re-fixed shall be the pay as applicable to the concerned employee for all purposes, any recovery of over payment on account of such re-fixation during the period up to 30.6.2017, the month in which the CCS(Revised Pay) (Amendment) Rules, 2017 has been issued, shall be waived.

13. The cases of employees who retired on or after 1.1.2016 and up to 30.6.2017 and if covered under pars 12 above, shall be processed as per Rule 70 of the CCS(Pension) Rules, 1972.

Issue No. 3 – Re-exercise of option for coming over to the Revised Pay structure in case of Level 13

14. A reference has been received whether in view of the modification in the Level 13 in terms of the CCS(Revised Pay) (Amendment) Rules, 2017 promulgated on 15.6.2017 with effect from 1.1.2016, the date of effect of the revised pay structure contained in CCS(RP) Rules, 2016, the employees who are entitled to the Level 13 on 1.1.2016 may be given fresh option to come over to the revised pay structure in case of modified Level 13.

15. The matter has been considered and it has been decided that since the modification of the Level 13 as per CCS(Revised Pay) (Amendment) Rules, 2017 is a material change, the employees, who were entitled to Level 13 as on 1.1.2016 and who had already opted for the earlier Level-13 as per Rules 5 and 6 of the CCS(RP) Rules, 2016, shall be given an opportunity for re-exercise of their option there under. Such an option may be exercised within three months from the date of issue of these orders.

16. In their application to employees belonging to the Indian Audit and Accounts Department, these orders issue after consultation with the Comptroller and Auditor General of India.

17. Hindi version of these orders is attached.

sd/-
(Amar Nath Singh)
Director

Authority: www.deo.gov.in Download PDF

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Amendment to the Rule 152 of General Financial Rule, 2017

Amendment to the Rule 152 of General Financial Rule

No.F.26/2/2016-PPD
Government of India
Ministry of Finance
Department of Expenditure
Procurement Policy Division

516, Lok Nayak Bhawan
New Delhi Dated :25th July, 2017

OFFICE MEMORANDUM

Subject: Amendment to the Rule 152 of General Financial Rule, 2017 -Reg.

The undersigned is directed to invite attention to the provisions of Rule 152 of GFRs, 2017 which inter-alia states that as per the Compulsory Enlistment Scheme of the Department of Expenditure, Ministry of Finance, it is compulsory for Indian agents, who desire to quote directly on behalf of their foreign principals, to get themselves enlisted with the Central Purchase Organization (eg.DGS&D). However, such enlistment is not equivalent to registration of suppliers as mentioned under Rule 150.

2. This department has received reference from Directorate General of Supplies & Disposals (DGS&D) to decentralize the activities of enlistment of Indian agent under Compulsory Enlistment Scheme as DGS&D is winding up by 31.10.2017. Hence, it is decided in consultation with major procuring Ministries/ Departments that the existing provision of Rule 152 at Chapter 6 of General Financial Rule, 2017 which deals with ‘Procurement of Goods and Services” shall be substituted by the provision indicated as under:

“Rule 152: Enlistment of Indian Agents: Ministries / Departments if they so require, may enlist Indian agents, who desire to quote directly on behalf of their foreign principals.”

3. This OM is also available on our website http: http://doe.gov.in -> Notification -> Circular –> Procurement Policy OM.

4. Hindi version of this OM will follow.

sd/-
(Vinay k T.Likhar)
Under Secretary to the Govt. of India

Authority : www.doe.gov.in

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Implementation of the recommendations of 7th Central Pay Commission – Grant of Special Compensatory Allowances subsumed under Tough Location Allowance

Special Compensatory Allowances subsumed under Tough Location Allowance – Finmin Orders

Implementation of the recommendations of 7th Central Pay Commission – Grant of Special Compensatory Allowances subsumed under Tough Location Allowance.

No.3/1/2017-E.II(B)
Government of India
Ministry of Finance
Department of Expenditure

New Delhi, the 19th July, 2017.

OFFICE MEMORANDUM

Subject:- Implementation of the recommendations of 7th Central Pay Commission – Grant of Special Compensatory Allowances subsumed under Tough Location Allowance.

Consequent upon the acceptance of the recommendations of Seventh Central Pay Commission, in supersession of the existing orders for grant of Special Compensatory Allowances viz. Special Compensatory (Remote Locality) Allowance, Bad Climate Allowance, Special Compensatory Scheduled/Tribal Area Allowance and Sunderban Allowance which have been subsumed in Tough Location Allowance, the President is pleased to decide the rates of these Special Compensatory Allowances (subsumed in Tough Location Allowance) to Central Government employees as under :

SI.No.
Name of the
Allowance
Category
Cell Name
Pay Level in
Pay Matrix
Rate per
month
(in Rs.)
(i)
Special
Compensatory (Remote Locality) Allowance
:
(i) Special Compensatory (Remote Locality) Allowance Places covered under
Part- A & B (Annexure I & II)
Tough
Location Allowance-I
R3H1
Level 9 and above
5,300
Level 8 and
below
4,100
(ii) Special
Compensatory (Remote Locality) Allowance Location Places covered under Part-
C (Annexure III)
Tough

Location Allowance-II

R3H2
Level 9 and
above
3,400
Level 8 and
below
2,700
(iii) Special
Compensatory (Remote Locality) Allowance Places covered under Part- D

(Annexure IV

Tough
Location Allowance-II
R3H3
Level 9 and
above
1,200
Level 8 and
below
1,000
(II)
Bad Climate
Allowance
Tough
Location
Allowance-III
R3H3
Level 9 and
above
1,200
Level 8 and

below

1,000
(Ill)
Tribal Area
Allowance
Tough
Location Allowance-Ill
R3H3
Level 9 and
above
1,200
Level 8 and
below
1,000
(IV)
Sunderban
Allowance
Tough
Location Allowance-Ill
R3H3
Level 9 and
above
1,200
Level 8 and
below
1,000

2.These rates shall increase by 25 per cent whenever the Dearness Allowance payable on the revised pay structure goes up by 50 per cent.

3.The term ‘Pay Level’ in the revised pay structure means the ‘Level in the Pay Matrix.

4.In respect of those employees who opt to continue in their pre-revised pay structure/Pay scales, the corresponding Level in the Pay Matrix of the post occupied on 01.01.2016 as indicated in GCS (Revised Pay) Rules, 2016 would determine the allowance under these orders.

5.Sunderban Allowance categorised ‘as Tough Location Allowance-III shall be admissible to the Central Government civilian employees working in Sunderban areas South of Dampier Hodge’s line, namely, Bhagatush Khali (Rampura), Kumirmari (Bagna), Jhinga Khali, Sajnakhali, Gosaba, Amlamathi (Bidya), Canning, KuKali, Piyali, Nalgaraha, Raidighi, Bhanchi, Pathar Paratima, Bhagabatpur, Saptamukhi, Namkhana, Sikarpur, Kakdwip, Sagar, Mousini, Kalinagar, Haroa, Hingalganj, Basanti, Kuemari, Kultola, Ghusighata (Kulti) area. The allowance shall be admissible only upto the period for which the. Government of West Bengal continues to pay this allowance to its employees.

6.Scheduled/Tribal Area Allowance and Bad Climate Allowance categorised as Tough ‘Location Allowance-III shall be admissible only in those States where Scheduled/Tribal Area Allowance and Bad Climate :Allowance are admissible and shall be discontinued in those States where it has been discontinued for the State Government employees with effect from the date(s) of such discontinuance.

7.In the event of a place falling In more than one category, the higher rate of Tough Location Allowance will be applicable.

8.Tough Location Allowances shall not be admissible along with Special Duty Allowance. However, employees have the option for continuing Special Compensatory (Remote Locality) Allowance at old rates of 6th CPC, where it was admissible, along with Special Duty Allowance at revised rate of 10% of Basic Pay,

9 Employees may exercise their option to choose either Hard Area Allowance which is admissible alongwith Island Special Duty Allowance or one of the Special Compensatory Allowance, subsumed under Tough Location Allowance as mentioned in Para 1 above,

10.These orders take effect from 1st July, 2017.

11.These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of. the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

12.In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.

Hindi version is attached.

sd/-
(Annie George Mathew)
Joint Secretary to the Government of India

Click to view the order
Authority: www.doe.gov.in

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Annual Report on Pay and Allowances

Annual Report on Pay and Allowances

Government of India
Ministry of Finance
Department of Expenditure
Pay Research Unit

The Pay Research Unit brings out a publication entitled Brochure on Pay and Allowances of Central Government Civilian Employees.

The Brochure provides statistical information regarding expenditure incurred by the different Ministries / Departments of Central Government on pay and various types of allowances such as Dearness Allowance, House Rent Allowance, Compensatory (City) Allowance, Overtime Allowance etc. in respect of its regular employees. It also provides information on Ministry / Department- wise and Group-wise number of sanctioned posts, number of incumbents in position and vacant posts as on 1st March. The Brochure contains information about disparity ratio i.e. the ratio of the maximum to minimum pay of different State Government Employees.

Authority: http://doe.gov.in/

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Simplification of procedure for payment of Central Government Employees Group Insurance Scheme (CGEGIS) dues

Simplification of procedure for payment of CGEGIS) dues – Finmin Orders
No.7(1)/EV/2016

Government of India
Ministry of Finance
Department of Expenditure

New Delhi, Dated the 17th March, 2017

OFFICE MEMORANDUM

Sub: Simplification of procedure for payment of Central Government Employees  Group Insurance Scheme (CGEGIS) dues – regarding

It has been brought to the notice of this Department that in a number of cases delay occurs in payment of Ccntral Government Employees Group Insurance Scheme (CGEGIS) dues, owing to missing entries, despite the fact that a provision has made for making entries of subscription for CGEGIS, recovered from pay & allowances every year in Part- VII-C of the service book.

2. In terms of para 8.1 Of the Central Government Employees Group Insurance Scheme, 1980, as contained in this O.M. No. F.7(5)-EV/89 dated 15th May, 1989, which relates to Savings Fund of the Scheme, the total accumulation of savings together with interest thereon will be payable to the member on retirement or on cessation of his employment with the Central Government or to his family on his death while in service. The total accumulation under Savings Fund is provided for in terms of the applicable Table of Benefits pertaining to a particular year as prescribed under the relevant Orders issued by this Ministry from time to time.

3. The issue has been considered in consultation with Department of Pension & Pensioners’ Welfare and Controller General of Accounts. It has been decided that in order to ease the process of payment of Savings Fund on account of CGEGIS at the time of retirement Of a Central Government employee, in all cases where the service of the retiring Central Government employee has been verified, payment of the accumulation under Savings Fund of CGEGIS be made without awaiting confirmation of deduction of each monthly subscription of CGEGIS, as service verification is carried out based on the monthly salary payment and the CGEGIS subscriptions are mandatory deductions from these payments.

4. All Ministries/ Departments are accordingly advised to ensure compliance of above instructions so that the dues of CGEGIS in respect Of Government servants retiring on attaining the age of superannuation are discharged with due promptness. Further, it may be ensured that Ministries/ Departments send their budget requirements for payments under CGEGIS to CCA (Finance) well in advance, preferably, at the time of RE/ BE so that the budget under this head is made on a realistic basis.

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(Amar Nath Singh)
Director

Authority: www.finmin.nic.in

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Payment to Suppliers etc. by Government Departments through e-Payment

Payment to Suppliers etc. by Government Departments through e-Payment

F.No. 3(2)(1)/2016/R&P Rules/Amendment/649

Ministry of Finance
Department of Expenditure
O/o Controller General of Accounts
Mahalekha Niyantrak Bhawan,
GPO Complex, E-Block, INA

New Delhi-110023
Date: 05-12-2016

OFFICE MEMORANDUM

Subject: Payment to Suppliers etc. by Government Departments through e-Payment.

A reference is invited to this office O.M.No 1(1)/2011/TA/366 dated 1st August 2016 regarding payment to Suppliers etc. above Rs. 10,000/- by Government Departments through e-Payment.

2. In order to attain the goal of complete digitization of Government payments, the existing limit of Rs. 10,000/- prescribed in paragraph 2 of this office O.M. dated 1st August 2016 has been further reviewed. It has now been decided to lower the threshold limit to Rs. 5,000/- (Rupees five thousand only).

3. All Ministries/ Departments of the Government of India shall ensure with immediate effect that all payments above Rs. 5,000/- (Rupees five thousand only) to suppliers, contractors, grantee/loanee institutions etc. are made by issue of payment advices only.

This issues with the approval of the Finance Minister.

(Soma Roy Burman)
Joint Controller General of Accounts

Authority: www.finmin.nic.in

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Encouraging usage of Debit Cards among Government employees

Encouraging usage of Debit Cards among Government employees

F.No.25(30)/E.Coord/2016

Ministry of Finance
Department of Expenditure

New Delhi, December 2016

OFFICE MEMORANDUM

Subject: Encouraging usage of Debit Cards among Government employees

In the recent years advancements in banking technology, progress in mobile banking and innovative technologies to facilitate digital payments have enabled large number of small denomination transactions to be handled smoothly in electronic mode. The Government of India has taken policy decisions encouraging cashless/electronic transactions.

2. In its endeavour on moving towards electronic payments, Central Government Ministries/Departments have been crediting the salary and other payments for the majority of its employees electronically, direct into the designated bank accounts of the employees. Given the progress made in banking technology, it is assumed that each employee would be in possession of a Debit/ATM card linked to his/her bank account. Ensuring and encouraging government employees to maximise the usage of Debit cards for personal related transactions instead of cash would go a long way serving with the employees serving as ‘ambassadors’ for the digital push and also motivate, encourage the general public in taking up the cause.

3. All Ministries/Departments are requested to encourage their employees to make use of Debit Cards for personal related transactions instead of cash Ministries/Departments should liaise with their accredited banks and set up special camps to facilitate obtaining of and ensure that all its employees are in possession of Debit Cards. Ministries/Departments may also issue similar advisories to their attached/subordinate offices, PSI’s, Autonomous Bodies etc.

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(H.Atheli)
Director

Authority: www.finmin.nic.in

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Instruction to Banks for Advance Salary to Central Government Employees

Instruction to Banks for Advance Salary to Central Government Employees

Government of India
Department of Expenditure
Office of Controller General of Accounts
Mahalekha Niyantrak Bhawan
Block-E, G.P.O. Complex, I.N.A., New Delhi-110023
Ph:No.011-24665337-40/Fax No.011-24627678

No.S-11012/1(6)/Banks/2016-17/RBD/1815-47

Dated: 18.11.2016

To
Shri P.Vijaya Kumar,
Chief General Manager,
Reserve Bank of India
Department of Currency Management,
Central Office, 4th Floor, Amar Building,
Sr.P.M.Road, P.B.No.1379,
MUMBAI – 400001

FAX NO:022-22662442

Sir,
This is with reference to Ministry of Finance, Department of Expenditure OM No.25(30)/E.Coord/2016, dated 17th November 2016 regarding release of Part Salary in advance amounting to Rs.10000/- form the salary for the month of November 2016 in the form of Cash Pay-out to all Non Gazetted Employees of Central Government. Also refer your office letter dated 11.11.2016 which mentions that Government Departments may be allowed to draw cash beyond the stipulated limit of Rs.10,000/- in exceptional cases only on production of evidence justifying their cash requirements in writing.

Necessary instructions may please be issued immediately to all the banks in view of the Ministry of Finance OM dated 17.11.2016 referred above to enable Govt. offices to release advance salary as per above mentioned OM.

Yours faithfully,
sd/-
(Dr.Shakuntla)
Joint Controller General of Accounts

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Salary advance for the month of November 2016 to be paid to Non-Gazetted employees of Central Government

Salary advance for the month of November 2016 to be paid to Non-Gazetted employees of Central Government.

No.25(30)/E.Coord/2016
Ministry of Finance
Department of Expenditure

New Delhi the 17th November 2016

OFFICE MEMORANDUM

Subject: Salary advance for the month of November 2016 to be paid to Non-Gazetted employees of Central Government.

In terms of Rule 64 (2) of Central Government Account (Receipt & Payment) Rules, 1983, the President is pleased to release part salary, in advance, amounting to Rs. 10,000/- (Rupees ten thousand) by 23rd November 2016 from the salary for the month of November 2016 in the form of cash payout to all Non-Gazetted employees of Central Government.

2. Employees, who do not wish to receive the cash pay-out of the part salary advance amounting to Rs.10,000/- (Rupees ten thousand) may give their option in the enclosed proforma to their respective Drawing & Disbursing Officer by is 18th November 2016. In that case, their salary will be credited to their account on the last working day of November 2016, as usual. In case no option is received by the said date, it will be presumed that the employee has opted for cash pay-out and the payment thereof will be disbursed in cash accordingly. Residual part of their salary payable for the month of November 2016 will be released as per the existing procedure.

3. The contents of this Office Memorandum may also be brought to the notice of all the Organisations under the administrative control of the Ministries/Departments.

4. Appropriate necessary instructions on the subject may be issued by respective administrative Ministries/Departments in respect of Autonomous Bodies, Department of Public Enterprises in respect of Public Sector Enterprises, Ministry of Railways and Ministry of Defence in respect of the Services.

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(Annie G. Mathew)
Joint Secretary to the Government of India

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Authority: www.finmin.nic.in

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Last date for using Old High Denomination notes extended till 14.11.2016 – Finmin Orders

Last date for using OHD notes extended till 14.11.2016 – Finmin Orders

Press Information Bureau
Government of India
Ministry of Finance

11-November-2016 19:14 IST

Government extends existing exemptions with regard to cancellation of the legal tender character of the existing series of high denomination bank notes of Rs.500 and Rs.1,000 denominations until the expiry of 14th November, 2016, with certain modifications / additions to the existing exemptions; Governments reassures that there is enough cash with RBI and Supply of cash to Bank branches and ATMs are being stepped up gradually.

While cancelling the legal tender character of the existing series of high denomination bank notes of Rs.500 and Rs.1,000 denominations w.e.f. the expiry of the 8th November, 2016, exemptions were allowed for certain transactions for the first 72 hours with a view to minimizing inconvenience to the public. Subsequently, based on feedback received from various quarters, certain more transactions were included for exemption.

The Government has been closely monitoring the implementation of the decision. Considering various representations received from different quarters in the matter, it has now been decided that the existing exemptions may be extended until the expiry of 14th November, 2016, with the following modifications / additions to the existing exemptions:

(i) Payment for court fees will be included in the exemptions.
(ii) The ID proof of customers will be required for transactions in consumer cooperative stores.
(iii) Payments towards utility bills will be restricted to only individuals / households for arrears and / or current bills. No advance payments will be allowed.
(iv) Payments in toll-plazas of the State and National Highways will be deleted from exemptions, considering that the Ministry of Road Transport and Highways is separately issuing instructions in this regard.

There is enough cash with RBI. Supply of cash to Bank branches and ATMs are being stepped up gradually.

 

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Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI

Cancellation of the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI

Government of India
Ministry of Finance
Department of Economic Affairs

Press Release

With a view to curbing financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive activities such as espionage, smuggling of arms, drugs and other contrabands into India, and for eliminating Black Money which casts a long shadow of parallel economy on our real economy, it has been decided to cancel the legal tender character of the High Denomination bank notes of Rs.500 and Rs.1000 denominations issued by RBI till now. This will take effect from the expiry of the 8th November, 2016.

2. Fake Indian Currency Notes (FICN) in circulation in these denominations are comparatively larger as compared to those in other denominations. For a common person, the fake notes look similar to genuine notes. Use of FICN facilitates financing of terrorism and drug trafficking. Use of high denomination notes for storage of unaccounted wealth has been evident from cash recoveries made by law enforcement agencies from time to time. High denomination notes are known to facilitate generation of black money. In this connection, it may be noted that while the total number of bank notes in circulation rose by 40% between 2011 and 2016, the increase in number of notes of Rs.500/- denomination was 76% and for Rs.1,000/- denomination was 109% during this period. New Series bank notes of Rs.500/- and Rs.2,000/- denominations will be introduced for circulation from 10th November, 2016. Infusion of Rs.2,000/- bank notes will be monitored and regulated by RBI. Introduction of new series of banknotes which will be distinctly different from the current ones in terms of look, design, size and colour has been planned.

3. The World Bank in July, 2010 estimated the size of the shadow economy for India at 20.7% of the GDP in 1999 and rising to 23.2% in 2007. There are similar estimates made by other Indian and international agencies. A parallel shadow economy corrodes and eats into the vitals of the country’s economy. It generates inflation which adversely affects the poor and the middle classes more than others. It deprives Government of its legitimate revenues which could have been otherwise used for welfare and development activities.

4. In the last two years, the Government has taken a number of steps to curb the menace of black money in the economy including setting up of a Special Investigation Team (SIT); enacting a law regarding undisclosed foreign income and assets; amending the Double Taxation Avoidance Agreement between India and Mauritius and India and Cyprus; reaching an understanding with Switzerland for getting information on Bank accounts held by Indians with HSBC; encouraging the use of non-cash and digital payments; amending the Benami Transactions Act; and implementing the Income Declaration Scheme 2016.

5. In order to implement the above decisions of the Government and keeping in view the need to minimise inconvenience to the public, the following operational guidelines have been issued:-

(i) Old High Denomination Bank Notes may be deposited by individuals/persons into their bank accounts and/or exchanged in bank branches or Issue Offices of RBI till the close of business hours on 30th December, 2016.

(ii) Old High Denomination Bank Notes of aggregate value of Rs.4,000/- only or below held by a person can be exchanged by him/her at any bank branch or Issue Office of Reserve Bank of India for any denomination of bank notes having legal tender character, provided a Requisition Slip as per format to be specified by RBI is presented with proof of identity and along with the Old High Denomination Bank Notes. Similar facilities will also be made available in Post Offices.

(iii) The limit of Rs.4,000/- for exchanging Old High Denomination Bank Notes at bank branches or at issue offices of Reserve Bank of India will be reviewed after 15 days and appropriate notification issued, as may be necessary.

(iv) There will not be any limit on the quantity or value of Old High Denomination Bank Notes to be credited to the account of the tenderer maintained with the bank, where the Old High Denomination Bank Notes are tendered. However, in accounts where compliance with extant Know Your Customer (KYC) norms is not complete, a maximum value of Rs.50,000/- of Old High Denomination Bank Notes can be deposited.

(v) The equivalent value of the Old High Denomination Bank Notes tendered can be credited to an account maintained by the tenderer at any bank in accordance with standard banking procedure and on production of valid proof of Identity.

(vi) The equivalent value of the Old High Denomination Bank Notes tendered can be credited to a third party account, provided specific authorisation therefor accorded by the said account holder is presented to the bank, following standard banking procedure and on production of valid proof of Identity of the person actually tendering.

(vii) Cash withdrawal from a bank account, over the counter will be restricted to Rs.10,000/- subject to an overall limit of Rs. 20,000/- in a week for the first fortnight, i.e., until the end of business hours on November 24, 2016.

(viii) There will be no restriction on the use of any non-cash method of operating the account which will include cheques, demand drafts, credit/debit cards, mobile wallets and electronic fund transfer mechanisms.

(ix) Withdrawal from ATMs would be restricted to Rs.2,000 per day per card up to November 18, 2016. The limit will be raised to Rs.4,000 per day per card from November 19, 2016 onwards.

(x) For those who are unable to exchange their Old High Denomination Bank Notes or deposit the same in their bank accounts on or before December 30, 2016, an opportunity will be given to them to do so at specified offices of the RBI on later dates along with necessary documentation as may be specified by the Reserve Bank of India.

(xi) Instruction is also being issued for closure of banks and Government Treasuries, on 9th November, 2016.

(xii) In addition, all ATMs, Cash Deposit Machines, Cash Recyclers and any other machine used for receipt and payment of cash will remain shut on 9th and 10th November, 2016.

(xiii) The bank branches and Government Treasuries will function from 10th November, 2016.

(xiv) To avoid inconvenience to the public for the first 72 Hours, Old High Denomination Bank Notes will continue to be accepted at Government Hospitals and pharmacies in these hospitals/Railway ticketing counters/ticket counters of Government/Public Sector Undertaking buses and airline ticketing counters at airports; for purchases at consumer co-operative societies, at milk booths, at crematoria/burial grounds, at petrol/diesel/gas stations of Public Sector Oil Marketing Companies and for arriving and departing passengers at international airports and for foreign tourists to exchange foreign currency at airports up to a specified amount.

6. The relevant Notifications are available in the website of Finance Ministry (http://finmin.nic.in/). Further details including Frequently Asked Questions (FAQs) are available on the website of the Reserve Bank of India (https://www.rbi.org.in/).

Authority: http://finmin.nic.in/

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Resolution – accumulations at the credit of subscribers to the GPF and other similar funds – 2016, w.e.f. 1st July, 2016

PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)

 

F.No. No.5(1)-B(PD)/2016
Government of India
Ministry of Finance Department of Economic Affairs
(Budget Division

New Delhi, Dated the 30th June, 2016.

RESOLUTION

 

It is announced for general information that during the year 2016-17, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.1% (Eight point one per cent) w.e.f. 1st July, 2016 to 30th September, 2016. This rate will be in force w.e.f. 1st July, 2016. The funds concerned are:

1. The General Provident Fund (Central Services).
2. The Contributory Provident Fund (India).
3. The All India Services Provident Fund.
4. The State Railway Provident Fund.
5. The General Provident Fund (Defence Services).
6. The India Ordinance Department Provident Fund.
7. The Indian Ordinance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund.
9. The Defence Services Officers Provident Fund.
10. The Armed Forces Personnel Provident Fund.

2. Ordered that the Resolution be published in Gazette of India.

(H.K. Srivastav)
Director (Budget)

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Interest Rate for General Provident Fund – Finmin Orders

Interest Rate for General Provident Fund – Finmin Orders

Resolution – accumulations at the credit of subscribers to the GPF and other similar funds – 2016

(PUBLISHED IN PART I SECTION OF GAZETTE OF INDIA)

F.No.5(1)-B(PD)/2016
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, Dated the 2nd June, 2016

RESOLUTION

It is announced for general information 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 8.1% (Eight point one per cent) w.e.f. 1st April, 2016 to 30th June, 2016. This rate will be in force w.e.f. 1st April, 2016. The funds concerned are:-

1. The General Provident Fund (Central Services)
2. The Contributory Provident Fund (India)
3. The All India Services Provident Fund
4. The State Railway Provident Fund
5. The General Provident Fund (Defence Services)
6. The Indian Ordnance Department Provident Fund
7. The Indian Ordnance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund
9. The Defence Services Officers Provident Fund
10. The Armed Forces Personnel Provident Fund.

2. Ordered that the Resolution be published in Gazette of India.

sd/-
(H.K. Srivastav)
Director (Budget)

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Authority: www.finmin.nic.in

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7th Pay Commission award after five-state polls: Finmin

7th Pay Commission award after five-state polls: FinminNew Delhi: Official sources in Finance Ministry told us on condition of anonymity that the central government will announce 7th Pay Commission award to increase pay and facilities of the central government employees after the completion of five states assemblies’ poll process as the model code of conduct is currently in place and the employees will get it ahead of the festive season.

The announcement is to come in June-July after eight to nine months of receiving of Seventh Pay Commission report.

Sources, however, said the government had no plans to give allowances in arrears for the central government employees.

“There’s no arrears of allowances will be given to employees,” they confirmed.

When asked whether complications would arise in implementing the 7th Pay Commission’s recommendations when its implement, they said, “Secretaries group’ll not leave such vacuum.”

Sources said the Secretaries group was aimed at narrowing the gap between the salaries of officers and low paid government employees.

The group observed it was essential that the salary of top government officials should not be far to that of their low paid subordinate employees. “This will help reduce corruption by the government officials and make government jobs more attractive.”

The Seventh Pay Commission was formed on February 4, 2014 during the last UPA government.

Under Seventh Pay Commission recommendations, the take-home salary of the top boss in government service was fixed at Rs 2,50,000 while the the basic pay of the lowest-ranked employee was fixed at Rs 18,000.

Traditionally, pay commissions have been set up after every 10 years to revise the pay scales of central government employees. States also accept these recommendations for their employees after certain modifications.

Justice A K Mathur, Chairman, 7th Pay Commission presented its report to Finance Minister Arun Jaitley in November with the recommendations for 14.27 per cent increase in basic pay, the overall increase in salary, allowances and pensions is 23.55%. The increase in allowances will be higher by 63% while pensions will rise 24%.

A 13 members secretary-level Empowered Committee or Secretaries group headed by cabinet Secretary P K Sinha was formed in January to review the recommendations of 7th Pay Commission before cabinet nod.

TST

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Dearness Allowance from Jan 2016 to Central Government Employees and Pensioners: Finmin Orders

Finmin Orders : Dearness Allowance from Jan 2016 to Central Government Employees and Pensioners

Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 01.01.2016(32 KB)PDF File Opens in a new window[Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 01.01.2016

Dearness-Allowance-expected-da-cg-employees

No.1/1/2016-E-II (B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated the 7th April, 2016

OFFICE MEMORANDUM

 

Subject: Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.1.2016.

The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1/3/2015-E-II (B) dated 23rd September, 2015 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 119% to 125% with effect from 1st January, 2016.

2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No. 1(3)/2008-E-ll(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.

4. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In regard to Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

5. In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.

sd/-
(Nirman Dev)
Deputy Secretary to the Government of India

Finmin-da-orders-for-jan-2016

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Discontinuation of physical pre-printed NSC and KVP certificates

Discontinuation of physical pre-printed NSC and KVP certificates

F.No.1/04/2016-NS.II
Government of India
Ministry of Finance
Department of Economic Affairs (Budget Division)

North Block, New Delhi
Dated: 1st April, 2016

OFFICE MEMORANDUM

Subject: Discontinuation of physical pre-printed NSC and KVP certificates- reg.

The undersigned is directed to refer to this Department’s OM of even number dated 23`c March, 2016, through which guidelines regarding discontinuation of physical mode of National Savings Certificate and Kisan Vikas Patra certificate and introduction of e-mode were communicated. It was decided that the currently existing system of physical pre-printed certificates for KVP and NSC shall stand discontinued w.e.f. 1.4.2016 and shall be replaced by ‘National Savings Certificate/Kisan Vikas Patra Certificate on electronic — mode (e-mode). Till the CBS system transits to that e-mode, banks and post offices may choose to issue a physical certificate recorded on a passbook.

2. The serial numbers based on the new pattern allotted to the banks and the Department of Posts (DoP) with respect to KVP and NSC were detailed in the said OM. It is intimated that while issuing the certificate from 01.04.2016, Banks and Post Offices may use notification having G.S.R. No. 353 (E) dated 29.3.2016 for Kisan Vikas Patra and notification having G.S. R. No. 354 (E) dated 29.3.2016 for National Savings Certificate. It is intimated that these notifications are available on egazette.nic.in.

sd/-
(Sigy Thomas Vaidhyan)
Deputy Secretary (Budget)

Authority: www.finmin.nic.in

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