INCOME TAX FORM 16 CALCULATOR FOR GOVERNMENT EMPLOYEES

INCOME TAX FORM 16 CALCULATOR FOR GOVERNMENT EMPLOYEES AY 2017-18: TDS certificate form 16: Form 16 is the certificate of deduction of tax at source and issued on deduction of tax by the employer on behalf of the employees. These certificates provide details of TDS / TCS for various transactions between deductor and deductee. It is mandatory to issue these certificates to Tax Payers.

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INCOME TAX CALCULATOR – PRE & POST BUDGET 2017

Discount On Vacant Berths in Railways

Discount on Vacant Berths in Railways

Occupancy of the trains varies during peak, non-peak, festivals seasons, special occasions and weekends etc. Therefore, sometimes the trains run with higher occupancy (more than the berth potential) and sometimes during non-peak times some berths remain vacant. Therefore, loss due to vacant berths in trains cannot be quantified. However, the average occupancy of all reserved accommodation on Indian Railways during 2015-2016 was 101% which has gone upto 102% in 2016-17 upto December, 2016.

Some passengers plan their journey at last moment and have the option to travel through different modes of transport. Therefore, to promote such passengers to avail train services in which berths are vacant after the preparation of first chart, w.e.f. 01.01.2017, 10% rebate in basic fare on vacant berths/seats after preparation of first chart is given in the reserved class of all trains.

W.e.f. 20.12.2016, 10% rebate in basic fare on vacant berths/seats after preparation of first chart is given in Rajdhani, Shatabdi and Duronto trains on an experimental basis for six months. No assessment has been made till date.

Apart from above, w.e.f. 20.12.2016 discounted fare has been offered for the passengers of Jaipur-Ajmer and Ajmer-Jaipur in 12015/12016 New Delhi-Ajmer Shatabdi Express and for the passengers of Bengaluru City-Mysuru and Mysuru- Bengaluru City in 12007/12008 Chennai Central-Mysuru Shatabdi Express.

This Press Release is based on the information given by the Minister of State for Railways Shri Rajen Gohain in a written reply to a question in Lok Sabha on 08.02.2017 (Wednesday).

Source: PIB News

Income Tax Calculator – Pre & Post Budget 2017

Income Tax Calculator – Pre & Post Budget 2017

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Central Armed Police Forces (Assistant Commandants) Examination, 2016 –Final Result declared

Central Armed Police Forces (Assistant Commandants) Examination, 2016 –Final Result declared

Based on the results of the Central Armed Police Forces (Assistant Commandants) Examination, 2016 held by UNION PUBLIC SERVICE COMMISSION on 26th June, 2016 and the interviews for Personality Test held from 9th January to 2nd February 2017, the following is the list, in order of merit, of candidates who have been recommended for appointment to the posts of Assistant Commandants (Group A) in the Central Armed Police Forces viz. Central Reserve Police Force (CRPF), Border Security Force (BSF), Indo-Tibetan Border Police (ITBP) and Sashastra Seema Bal (SSB).

A total number of 189 candidates have been recommended for appointment as per the following break-up:-

GENERAL	OBC	SC	ST	Total
89	52	34	14	189
(Incl. 03 Ex-S)	(Incl. 04 Ex-S)

Appointments to the various services shall be made by the Government according to the number of vacancies available and subject to the candidates fulfilling all the prescribed eligibility conditions/provisions contained in the Rules for the Examination and verifications, wherever due, being completed satisfactorily. Allotment to various services shall be made according to the merit obtained and preference of services given by candidates.

The number of vacancies reported by the Govt. to be filled are as under:

Name of Service	Total Number of Vacancies
	General	OBC	SC	ST	Total
C.R.P.F.	49	26	15	7	97
B.S.F	15	7	4	2	28
I.T.B.P.	17	4	6	1	28
S.S.B.	30	15	9	4	58
TOTAL	111	52	34	14	211*

*incl. 10% of total vacancies reserved for Ex-Servicemen.

The candidature of 22 recommended candidates with following Roll Nos. is provisional:

12728	27660	49596	78286	175432	196991
13184	32667	51588	82329	176808	211625
13583	34117	53510	109297	186662
21366	41625	55124	172407	194114

In accordance with Rule 16 (4) and (5) of the Central Armed Police Forces (Assistant Commandants) Examination, 2016, the Commission is maintaining a consolidated Reserve List of candidates ranking in order of merit below the last recommended candidate under respective categories which are as
under:

GENERAL	OBC	SC	ST	TOTAL
22	20	2	0	44

Union Public Service Commission has a ‘Facilitation Counter’ near Examination Hall Building in its Campus. Candidates may obtain any information /clarification regarding their

Examination/recruitments on working days between 10:00 hours to 1700 hours in person or over Telephone Nos. 011-23385271/ 23381125. The result will also be available on the U.P.S.C. Website i.e. www.upsc.gov.in. However, marks are likely to be available on the website within 15 days from the date of declaration of Result.

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Source: PIB News

Gratuity Pay Under New Pension System

Gratuity Benefits under National Pension System (NPS)

Press Information Bureau 

Government of India

Ministry of Finance

03-May-2013 16:54 IST

Gratuity Pay under New Pension System

Death-cum-Retirement Gratuity is paid to Central Government employees under New Pension System (NPS) as it is paid under the old pension scheme. The monthly annuity under the New Pension System (NPS) is only a replacement of pension on retirement and family pension of death after retirement. The benefits of Death cum Retirement Gratuity (DCRG) and pension/family pension have been provisionally allowed, vide the Office Memorandum of Department of Pension and Pensioners’ Welfare No. 38/41/06-P & PW(A) dated 5.5.2009 in respect of Central Government servants covered under NPS in cases where a Government Servant is retired on invalidation/disability and in the case of death of a Government servant in service on the same rates as are applicable under the old pension scheme Central Civil Service (Pension) Rules, 1972. The retirement gratuity is payable to the retiring Government servant. A minimum of 5 years’ qualifying service and eligibility to receive service gratuity/pension is essential to get this one time lump sum benefit. Retirement gratuity is calculated @ 1/4th of a month’s Basic Pay plus Dearness Allowance drawn before retirement for each completed six monthly period of qualifying service. The maximum retirement gratuity payable is 16½ times the Basic Pay, subject to a maximum of Rs. 10 lakh. If the Government Servant dies while in service, the death gratuity shall be paid to his family at rates furnished in the table below:

Sl. No.	Length of Qualifying Service	Rate of Death Gratuity
1	Less than one year	2 times of emoluments
2	One year or more but less than 5 years	6 times of emoluments
3	5 years or more but less than 20 years	12 times of emoluments
4	20 years or more	Half of emoluments for every completed six monthly period of qualifying service subject to a maximum of 33 times of emoluments.

Maximum amount of Death Gratuity admissible is Rs, 10 lakh with effect from 1.1.2006.

This was stated by Minister of State for Finance, Shri Namo Narain Meena, in written reply to a question in the Lok Sabha today.

Source: PIB News