Saturday, September 12, 2015

Know About The Pay Commission

 Know About The Pay Commission: New Delhi: Ahead of the assembly elections of West Bengal, Assam, Kerala and Tamil Nadu in May’ 2016, the Central government will implemen...

7 वें वेतन आयोग उम्मीद से ज्यादा पहले लागू किया जा सकता है 7th Pay Commission may be implemented earlier than expected

The 7th Pay Commission may be announced ahead of time than was predicted before. Justice Ashok Kumar Mathur told PTI on August 25, “The Commission will submit its report by the end of September.”

THE OLD NEWS – The Union Cabinet extended the Seventh Pay Commission’s term by four months till December 31 to give its views on revising salaries and pensions for nearly 9.8 million central government employees and 9.9 million pensioners. The panel headed by Justice AK Mathur, whose recommendations might also have a bearing on the salaries of the state government staff, was given the extension a day before its original 18-month term ended.
UPDATE – An official of the Finance Ministry, of course, speaking on condition of anonymity, had this to say, “The central government will decide execution time of the pay commission’s proposals after the pay panel submits its report, which will be possibly a pre-election ‘special package’ for West Bengal, Assam, Kerala and Tamil Nadu, which are all due for polls by May 2016”.
Just like the one rank one pension (OROP) was announced by the present government on the 5th of this month ahead of the Bihar Assembly elections despite huge financial burden to get majority seats in the Bihar Assembly, the sources indicate that the recommendations of Seventh Pay Commission, will be implemented before the announcement of West Bengal, Assam, Kerala and Tamil Nadu states assemblies’ election in May 2016.
POLITICS – BJP needs to win most state elections in the next four years to gain control of the Rajya Sabha, where seats are distributed based on the strength of parties in state assemblies. So, the present government is ready to give any sop to win state assembly elections. This was indicated by the Finance Minister Arun Jaitley, who had this to say on 30th August, “report of Seventh Pay Commission for central government employees was coming shortly”.
THE FACT – The 7th Pay Commission was given a deadline to submit their recommendations before 31st December 2015, that gives them the liberty to submit their recommendations at any date before 31st December 2015.
If you remember, The Seventh Pay Commission, which was set up by the UPA government, was required to submit its report by August end. The Chairman of the Seventh Pay Commission, Justice Ashok Kumar Mathur told PTI on August 25, “The Commission will submit its report by the end of September.”
THE POLITICAL GAME – A defeat for the Prime Minister would harm his chances of consolidating power in parliament, where his reform agenda is being blocked because his party is in the minority in the Rajya Sabha. Hence the present Government needs to win most state elections in the next four years to gain control of the Rajya Sabha, where seats are distributed based on the strength of parties in state assemblies, Hence the present Government is ready to give any sop to win states assemblies elections.
THE CONCLUSION – Who cares about politics, we have our own ends to meet, the sooner the better.. we are waiting … waiting and waiting……
SOURCE- GOVEMPLOYEE

Friday, September 11, 2015

DA Merger with Basic Pay for Central Government Employees

Merge DA with basic pay for central staff: Congress
Sep 11, 2015 02:00 am, New Delhi : With the amount of dearness allowance payable to the central government employees going up to 119 percent of their basic pay, the Congress has said that the time has to come merge the two. 
“If the government of the day denies this demand of the employees, then it would be a big injustice to them,” said Congress spokesperson and former union minister Ajay Maken who also represented a Lok Sabha constituency in the past that has a strong section of these employees as voters. 
He said that a pay commission normally orders a 40 percent hike in the basic pay. 

Thursday, September 10, 2015

All you wanted to know about Seventh Pay Commission

Government offices are currently buzzing with excitement as employees await the recommendations of the Seventh Pay Commission. While the babus may have reason to smile as they may soon have more money in the pocket, it might not be equally good news for others.
What is it?

A Pay Commission is appointed by the government once every 10 years to look at the pay structure of Union and State government employees and pensioners. Typically, the commission takes 18 months to submit its report. The Seventh Pay Commission was constituted in February 2014 under the chairmanship of Justice Ashok Kumar Mathur to submit its recommendations by August 2015.

Seventh Pay Commission’s Report To Be Implemented Ahead Of States Elections In May

New Delhi: Ahead of the states’ assembly elections in May’ 2016, the Central government may implement the recommendations of the Seventh Pay Commission after receiving the report of the pay panel within this year, which will benefit 50 lakh central government employees and 56 lakh pensioners including dependents.

“The central government will decide execution time of the pay commission’s proposals after the pay panel submits its report, which will be possible pre-election “special packages” for West Bengal, Assam, Kerala and Tamil Nadu, which are all due for polls by May 2016,” an official of the Finance Ministry said, speaking on condition of anonymity.

Just like one rank one pension (OROP) was announced by Modi government on 5th of this month ahead of Bihar Assembly election despite huge financial burden to get majority seats of his party in Bihar Assembly.

आयकर रिटर्न दाखिल करने की अंतिम तारीख 30 सितंबर तक बढ़ी

वित्त मंत्रालय के अनुसार अंतरराष्ट्रीय लेन-देने या विशेष घरेलू लेन-देन करने वाले करदाता 30 नवंबर 2015 तक रिटर्न भर सकते हैं

नई दिल्ली। सरकार ने कंपनियों, कारोबारी प्रतिष्ठानों के साथ ही ऐसे व्यक्तिगत आयकर दाताओं के लिए रिटर्न भरने की अंतिम तिथि बढ़ाकर 30 सितंबर कर दी है जो किसी पेशे या व्यापार में लगे हैं और जिनके रिटर्न की ऑडिट की जरूरत पड़ सकती है।

वित्त मंत्रालय ने गुरूवार को बताया कि कंपनियों, कारोबारी प्रतिष्ठानो के साथ ही व्यक्तिगत व्यापारी और पेशेवरो को आकलन वर्ष 2015-16 के लिए रिटर्न भरने की अंतिम तिथि बढाकर अब 30 सितंबर 2015 कर दी गयी है। मंत्रालय का कहना है कि विभिन्न पक्षों से रिटर्न भरने और कर ऑडिट रिपोर्ट जमा करने की तिथि को 30 सितंबर तक बढ़ाने का आग्रह किये जाने के मद्देनजर यह निर्णय लिया गया है।


वित्त मंत्रालय के अनुसार उपरोक्त वर्गों के लिए गत 29 जुलाई को आयकर रिटर्न फार्म 3, 4, 5, 6 और सात जारी किया गया था। ये सभी ई फार्म है और सात अगस्त से ही आयकर विभाग की वेबसाइट पर उपलब्ध हैं। मंत्रालय के अनुसार अंतरराष्ट्रीय लेन-देने या विशेष घरेलू लेन-देन करने वाले करदाता 30 नवंबर 2015 तक रिटर्न भर सकते हैं। सरकार ने स्पष्ट किया कि 30 सितंबर की तिथि के बाद इसमें कोई बढोत्तरी नहीं की जायेगी।

SOURCE -patrika.

Wednesday, September 9, 2015

RAIL NEWS CENTER: NO EXTENSION OF DATE FOR FILING OF RETURNS DUE BY ...

RAIL NEWS CENTER: NO EXTENSION OF DATE FOR FILING OF RETURNS DUE BY ...: Information Bureau  Government of India Ministry of Finance 09-September-2015 13:35 IST No Extension of Date for Filing of Returns due b...

Cabinet approves 6% hike in DA for central govt employees; to benefit over 1 crore people


NEW DELHI: Good news for central government employees. The Union Cabinet on Wednesday cleared a proposal to increase dearness allowance (DA) to 119% from 113%, which will potentially benefit over one crore government employees and pensioners. 

The proposal to increase DA by six percentage points was taken at a meeting by the Union Cabinet. 

DA is paid as proportion of the basic pay. 

Earlier in April, the government had hiked DA by 6% to 113% of their basic pay with effect from January. 

The proposed DA hike will take effect from July 1. As per the agreed formula, the DA rate increase is an average of 12-month consumer price index-industrial workers from July 1, 2014 to June 30, 2015. 

The proposed hike is in accordance with the accepted formula based on the recommendations of the 6th pay commission, which will benefit 48 lakh government employees and 55 lakh pensioners. 

Last month, the Cabinet had given approval for the extension of the term of the 7th Central pay commission by four months up to December 31.
Source - Times Of India

GOOD NEWS - आज केंद्रीय कर्मचारियों का इंतजार हो सकता है खत्म, 6 फीसदी बढ़ सकता है डीए



मुंबई: केंद्रीय कर्मचारियों का इंतजार आज खत्म हो सकता है। कैबिनेट की आज एक अहम बैठक होनी है। सूत्रों के मुताबिक, इसमें डीए बढ़ाने के प्रस्ताव पर चर्चा होगी और माना जा रहा है कि इसे 6 फीसदी बढ़ाने का फैसला किया जा सकता है।

अगर ये प्रस्ताव पास हुआ तो डीए 113 से बढ़कर 119 फीसदी हो जाएगा। इससे करीब एक करोड़ कर्मचारियों और पेंशनधारियों को फायदा मिलेगा।

इससे पहले अप्रैल में ही सरकार ने 6 फीसदी डीए बढ़ाया था, जो जनवरी से लागू हुआ था। डीए के प्रस्ताव के अलावा इस बैठक में और भी कई बड़े फैसलों पर नजर रहेगी।

इसमें व्हाइट लेबल एटीएम सेक्टर में ऑटोमेटिक रूट से 100 फीसदी एफडीआई का प्रस्ताव, मैन्युफ़ैक्चरिंग सेक्टर के लिए ई-कॉमर्स का रास्ता आसान करने के प्रस्तावों पर चर्चा शामिल है।

SOURCE - NDTV

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