Claiming of Travelling Allowance / Daily Allowance

Claiming of Travelling Allowance / Daily Allowance

TRAVELLING ALLOWANCE ENTITLEMENTS:

GoI, MoD letter No. 12630/TA/DA/Mov C dated 15th September 2017 regarding provisions relating Travelling Allowance Entitlements, are effective from 01/07/2017.

Service Personnel, who had undertaken tours and had been transferred between 01/07/2017 and the date of issue of these orders i.e. 15th Sep 2017 and whose TA/DA claims have been settled with

reference to their earlier entitlements as per 6th CPC, may submit supplementary claims based on their revised entitlement as per 7th CPC.”

Claiming Of Children Education Allowance & Hostel Subsidy

Claiming of Children Education Allowance & Hostel Subsidy

“CHILDREN EDUCATION ALLOWANCE:

As specified in the Govt. letter No. 1(23)/2017/D(Pay/Services) dated 15/09/2017, reimbursement of CEA is to be claimed once in a year, after completion of the Financial Year based on certificate from the Head of the Institution, where the ward of the employee is studying.

HOSTEL SUBSIDY:

Similar procedure is to be applied for Hostel Subsidy. The certification from the Head of Institute should also mention the amount of expenditure incurred by the Govt servant towards boarding and lodging.

These orders are applicable from 01/07/2017.

Claims on account of CEA & Hostel Subsidy w.e.f. 01/07/2017 may be forwarded after completion of the financial year.

Claims already submitted for the period 01/07/2017 onwards are being returned unactioned.

Tax Benefits While Availing Home Loans

Tax Benefits While Availing Home Loans 

Tax deductions

Under Section 24, Section 80C, and Section 80EE of the Income Tax Act, those repaying a home loan are entitled to tax deductions on the principal amount as well as the interest, according to certain pre-conditions.

Tax benefits can only be claimed on loans taken regarding purchase or construction of a residential property. However, in cases where a property is jointly owned, it’s mandatory to be both a co-owner and co-borrower to enjoy the tax deductions offered by the government.

You are only eligible for tax benefits post the possession of your house. While there’s no provision to avail benefits on the principal, the interest payments before possession can be claimed in five equal instalments as deductions under Section 24. To make the most of your tax benefits, it’s best to get possession within five years. In case that doesn’t happen, the tax benefit is capped at Rs 30,000 (instead of Rs 2 lakhs) per financial year.

Deduction of stamp duty and registration fees

Further, Section 80C of the Income Tax Act allows the stamp duty and registration fees to be considered for deduction while the same is applicable for home loan processing fee under Section 24

Tax benefit can also be claimed on the interest paid through the money borrowed from a friend or a relative, once you provide a certificate from the lending party stating the interest amount paid during the year. However, the repayment of the principal is only eligible for tax benefits under Section 80C when the money’s borrowed from one of the sources mentioned in the same section of the Income Tax Act.

Currently, the government hasn’t fixed any limitation on the number of residential properties on which you can avail a tax benefit after taking a loan. However, there’s a cap on the combined tax benefits that can be claimed during the repayment of multiple loans. While Rs 1.5 lakhs can be claimed under Section 80C, when it comes to principal repayment for multiple properties, the rules for interest repayment vary. Any property purchased for self-occupation is eligible for a tax benefit of Rs 2 lakhs. When it comes to properties purchased for the purpose of earning rental income, the entire amount repaid as interest can be claimed as a deduction.

There’s no joy bigger than the joy of being able to save your tax in bits and pieces, especially when you are already splurging your hard earned money on a new home. It seems like the timing is just about right to make the most of all the tax saving benefits the government offers home loan borrowers.

Railway Board - 7th CPC Revision Of Pension Of Pre-2016 Pensioners

Railway Board – 7th Pay Commission Revision of Pension of Pre-2016 Pensioner

RBA No. 163/2017

New Delhi,dated 16.11.2017

No.2016/AC-11/21/8/Pt.-IV

General Managers,
All Zonal Railways and Production Units

Sub: Revision of Pension of Pre-2016 pensioner as per 7th CPC

Ref:-
1. Board’s letter No.2016/F(E)III/1(1)/7 dated 22.5.2017 (RBE No. 49/2017) & 11.07.2017 (RBE No. 66/2017).
2. Board’s letters of even No.dated 9.6.2017, 19.7.2017 & 25.07.2017 (RBA No. 68/2017, 98/2017 & 103/2017)
3. Board (FC) D.O. letter No. 2016/AC-11/21/8/PT-III dated 05.9.2017
4. Board (MS) letter no. 2016/AC-II/21/8 dated 11.10.2017

Please refer instructions that have been issued regarding revision of pre-2016 pensioners/family pensioners in line with 7th CPC recommendations vide Railway Board’s letters under reference above. These instructions envisage ‘suo moto’ revision in pension for all pre-2016 retirees. Till date, nearly 4.4 lac pensioners’ PPO have been revised out of about 14 lakhs pensioners (nearly 31%). In order to expedite the pace of revision, FC (Rlys) had issued instructions (Ref 3 above) to revise PPO on a parallel track, other than APRAN. Some of the units have also started the work on a parallel track.

While reviewing the position of revision, it is noted that the progress is not satisfactory. Out of nearly 14 lakh pensioners of IR, only 10.53 lakhs have been brought online and 6.4 lacs cases have been initiated. Instructions were also issued to form teams of Personnel and Accounts Departments to expedite the work, but a large number of records are still lying with the Personnel Department for initial activity of pension revision and sending for verification and issue of PPOs. The pace of activity is uneven with more cases lying with Personnel Department.

It is, therefore, necessary that the systems and processes in place may be reviewed so that suitable measures are taken to expedite this phase of work. PCPO and PFA may also be advised to monitor the progress of revision of pension cases at their level to ensure that pension revision exercise is completed at the earliest.

(D.K. Gayen)

Member Staff

Railway Board

CPAO Order - Mandatory Use Of Digital Signature

Mandatory use of Digital Signature — CPAO Orders dt. 14.11.2017

CPAO/IT&Tech/Revision(7th CPC)/19.Vol.III(E)/2017-18/147

14.11.2017

Office Memorandum

Subject: Mandatory use of Digital Signature — Regarding.

Reference is invited to this office 0M No.CPAO/lT&Tech/Revision(7th CPC)/19.Vol-lll/2016-17/37 dated 25.05.2017 followed by 0M No. CPAO/lT&Tech/Revision (7th CPC)/19.Vol-lll(B/E)/2016-17/127 dated-25.09.2017 on the above subject. In unavoidable circumstances only, PAOs were allowed to process the pension cases manually to avoid delay.

It has been observed that PAOs are still sending manual authorities to CPAO even Where e-revision authorities could be sent under digital signature through e-revision utility.

Now, to expedite the settlement of revision cases in a time bound manner it has been decided to discontinue the processing of the pension of 7th CPC revision cases manually by PAOs except in exceptional circumstances where the Pension Revision cannot be processed electronically should be processed manually and forwarded to CPAO with counter signature of CCAs/CAs/ AGs/Administrators Of UTs With valid reasons.

All Pr. CCAs/CCAs/CAs/AGs/Administrators of UTs are requested to instruct their PAOs to process the revision authorities accordingly.

This issues with the approval of the competent authority.

sd/-

[Md.Shahid Kamal Ansari]

(Asstt. Controller of Accounts)

Authority: http://cpao.nic.in/

Order Copy

CBSE - Change In Limitation Period Of Cases Pertaining To Correction In Name

Change in Limitation Period of cases pertaining to correction in Name (C/N,M/N,F/N)/Date of Birth from one to five year – CBSE

No.CBSE/Coord/AS(C)/112576

Dated: 10.11.2017

CIRCULAR

Subject: Change in Limitation Period of cases pertaining to correction in Name (C/N,M/N,F/N)/Date of Birth from one to five year.

This is in partial modification of No. CBSE/COORD/EC-31-03/2015 Dated 25.06.2015 wherein it was mentioned that correction in date of birth and correction in candidate, mother and father name shall be entertained by the Board only within one year of the date of declaration of result.

Limitation of cases of correction in Candidate, Mother and Father Name/ correction in date of birth has been revised. Revised time limit will be 5 years from date of declaration of result and it will be applicable to all cases after Class X/XII 2015 examination onwards.

Revised limitation period shall also be applicable to current ongoing cases already received in ROs/HQ, pending in various courts as well as received now onwards.

sd/-
(K.K. CHOUDHURY)
CONTROLLER OF EXAMINATIONS

Authority: http://cbse.nic.in/

Order Copy

Chenab Valley Power Projects (P) Limited Vacancy Post 91

Chenab Valley Power Projects [P] Limited / Post Vacancy 91 / Last Date – 15.12.2017

CHENAB VALLEY POWER PROJECTS [P] LIMITED

[A Joint Venture of NHPC Limited (A Govt of India Enterprise) JKSPDC (A Govt. of J&K Undertaking) and PTC India Ltd]

Regd. Office: CVPP Corporate Office, Chenab Jal Shakti Bhavan, Opposite Saraswati Dham,

Rail Head Complex, Jammu -180012 (J&K).

(CIN: U40105JK2011PTC003321)

Advertisement No: CVPP/HR/Rectt/2017/01

LOOKING FOR CHALLENGING JOB IN HYDRO SECTOR

HERE IS THE OPPORTUNITY

Chenab Valley Power Projects Private Limited (CVPP), a Joint Venture Company of NHPC Limited, JKSPDC Limited

and PTC (India) Limited formed for the execution of Pakal Dul, Kiru and Kwar Hydroelectric Projects in Chenab River basin, Distt. Kishtwar (J&K) with an aggregate capacity of 2164 MW intends to recruit Trainee Engineers in Civil, Electrical, Mechanical, IT and E&C disciplines, Trainee Officers in HR, Finance, Geology and Law disciplines and Junior Engineers in Civil, Electrical, Mechanical disciplines as per following details:

Post details and eligibility criteria:

Written Examination

The structure of the written examination will be as follows:Application Can Only be Submitted Online Form

Opening Date : 18.11.2017

Closing Date : 15.12.2017

CLICK HERE  To View Attachment

CLICK HERE  TO APPLY ONLINE

Source : Employmentnews

Department Of Postal Introduced My Stamp Service

Department Of Postal Introduced My Stamp Service

My Stamp’ is the brand name for personalized sheets of Postage Stamps of India Post. The personalization is achieved by printing a thumb nail photograph of the customer images and logos of institutions, or images of artwork, heritage buildings, famous tourist places, historical cities, wildlife, other animals and birds etc., alongside the selected Commemorative Postage Stamp. The cost of one My Stamp sheet is Rs. 300/-.

For more information, Please contact Nearest Post Offices / Marketing Executives

Bank Wage Revision – Discussions With IBA On 14.11.2017

Bank Wage Revision – Discussions with IBA on 14.11.2017

DISCUSSIONS WITH IBA ON 14.11.2017

ALL INDIA BANK EMPLOYEES’ ASSOCIATION – AIBEA

NATIONAL CONFEDERATION OF BANK EMPLOYEES – NCBE

BANK EMPLOYEES FEDERATION OF INDIA – BEFI

INDIAN NATIONAL BANK EMPLOYEES FEDERATION – INBEF

NATIONAL ORGANISATION OF BANK WORKERS – NOBW

CIRCULAR TO UNITS

15.11.2017

Dear Comrades,

DISCUSSIONS WITH IBA ON 14.11.2017

One more round of discussions took place between IBA and our Workmen Unions yesterday i.e.14.11.2017 in IBA Office ain Mumbai.

IBA’s Sub-Committee was represented by Mr. Rakesh Sharma (MD, Canara Bank and Chairman of the Sub-Committee), Mr. V.G. Kannan(Chief Executive, IBA), Mr. B. Raj Kumar(Dy. Chief Executive, IBA), Mr. M.K Gupta(GM, Bank of India), Mr. Punit Jain(GM, PNB), Mr. T.S Seshadri(GM, Indian Bank), Mr. S.K Kakkar(Sr. Advisor, HR&IR, IBA) and Mr. K.S Chauhan(Advisor, IBA).

Our team was represented by Com. C.H. Venkatachalam and Com. B.S. Rambabu(AIBEA), Com. S.K Bandlish and Com. Vinil Saxena(NCBE), Com. Pradip Biswas(BEFI), Com. Subhash Sawant(INBEF) and Com. Upendrakumar(NOBW),

During the meeting, the following issues discussed in the meeting held on 3.11.2017 in the Sub-Group on demands relating to Disciplinary Action and Procedure were informed and further discussion took place.

i. For claiming travelling expenses for defending an employee in the departmental action, existing restrictions of ‘within the state’ be removed.
ii. Subsistence Allowance to be improved upon.
iii. Indiscriminate usage of Clause 5(j) to be stopped through proper guidelines / definition.
iv. Clarification with regard to provision of Clause 6(e) i.e. bringing down by two stages in the scale of pay and applicability of the same to employees who have already reached maximum in the scale of pay.
v. Clarification to be given that minor misconducts clearly enumerated under Clause 7 of BPS dated 10.04.2002 should not be brought as major misconducted under Clause 5.
vi. Multiple charges for one incident should not be made out.
vii. Punishment order by the Disciplinary Authority not to be implemented till the final disposal of Appeal by the Appellate Authority.
viii. Issuance of charge sheet under Pension Regulation to Award Staff after retirement to be stopped since it is not provided in Bipartite Settlement.
ix. Awarding the punishment of stoppage of increments should be without affecting superannuation benefits, as in the case of Officers.
x. Provision for appeal against suspension.
xi. In case of punishment of dismissals, a provision for Review Authority after Appellate Authority.
xii. Deletion of Fine as a punishment.

It was decided that the conclusions on the discussion on these issues would be finalised in the next meeting.

Thereafter, the following issues were taken up for discussions:

• – Simplified formula for calculation of overtime wages. Unions submitted their views and the issue would be discussed further.
• – On the issue of introduction of Leave Bank providing for voluntary contribution of leave by the employees to a common pool and utilisation of the same for sanctioning leave to those employees who suffer from major diseases and prolonged illness and have not leave to their credit, Unions submitted their Note containing their views and explained their proposal. It was decided to discuss the issue further.
• – On our demands like Child Care Leave for women employees, Sabbatical Leave, Study Leave, etc., it was agreed that Unions would submit a Note for further discussion.
•  

We pointed out that considerable time has elapsed since commencement of the discussions in May, 2017 on our Charter of Demands, but so far IBA has not come forward with their offer on wage increase and hence demanded that the next meeting of the Full Negotiating Committee should be fixed up at the very earliest for this purpose.

With greetings,

Sd…

C.H. Venkatachalam/AIBEA

Sd…

S.K. Bandlish /NCBE

Sd…

Pradip Biswas/BEFI

Sd…

Subhash S.Sawant/INBEF

Sd…

Upendrakumar/NOBW

Source: www.befi.in

ORDER LETTER

DESW Order On 17th November,2017- Eligibility Of Widowed/Divorced Daughter For Grant Of Family Pension

Eligibility of widowed/divorced daughter for grant of Family Pension clarification. Dated 17.11.2017

No.1(9)/2013-D(Pen/Policy)

Government of India

Ministry of Defence

Department of Ex-Servicemen Welfare

New Delhi -110011

Dated 17th November, 2017

To

The Chief of the Army Staff

The Chief of the Naval Staff

The Chief or the Air Staff

Subject: Eligibility of widowed/divorced daughter for grant of Family Pension clarification.

The undersigned is directed to state that the provision for grant of family pension to a widowed/divorced daughter beyond the age of 25 years has been made vide GoI, Ministry of personnel, P.C. & Pensions, Department of Pension & Pensioners Welfare 0M No.1/19/03-(E) dated 2S.08.2004 Circulated vide GoI MOD letter No.878/A/D(Pen/Sers)/04 dated 21.09.2004 applying the same provision to the Armed Force Personnel.

2. It was clarified vide Government of India, Ministry of Personnel, P.G- & Pensions, Department of Pension & Pensioners Welfare OM No.1/13/09-P&PW (E) dated 11.09.2013 circulated vide MOD ID No.1(9)/2013/D(Pen/Pol) dated 16.09.2015, the family pension is payable to the children as they are considered to be dependent on the Government servant/pensioner or his/her spouse. A child who is not earning equal to or more than the sum of minimum family pension and dearness relief thereon is considered to be dependent on his/her parents. Therefore, only those children who are dependent and meet other conditions of eligibility for family pension at the time of death of the Government servant or his/her spouse, whichever is later, are eligible for family pension. If two or more children are eligible for family pension at that time, family pension will be payable to each child on his/her turn provided he/she is still eligible for family pension when the turn come. Accordingly, divorced daughters who fulfil other conditions are eligible for family pension if a decree of divorce had been issued by the competent court during the life time of at least one of the parents.

3. Grievances were being received from various quarters that the divorce proceedings are a long drawn procedure which take many years before attaining finality. There are many cases in which the divorce proceedings of a daughter of Government employee/pensioner had been instituted in the competent court during the life of one or both Government employee/pensioner & spouse, but none of them was alive by the time the decree of divorce was granted by the competent authority.

4. The matter has been examined in this department and it has been decided that the clarification “grant family pension to a divorced daughter in such cases where the divorce proceedings had been filed tn a competent court during the life time of the employee/pensioner or his/her spouse but divorce took place after their death-provided the claimant fulfils all other conditions for grant of family pension. In such cases, the family pension will commence from the date of divorce” given by Government of India. Ministry of Personnel, P.G. & Pensions’, Department of Pension & Pensioners Welfare vide 0M No.1/13/09- P&PW (E) dated 19.07.2017 would also apply mutatis mutandis to divorced daughters of Armed Force personnel.

5. This issues with the concurrence ofthe Finance Division of this Ministry vide their ID No.10(09)/2015/Fin/Pen dated 17.10.2017.

6. Hindi version will follow.

sd/-

(Manoj Sinha)

Under Secretary to the Govt. of India

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

Order Copy