Thursday, February 16, 2017

Committee on Allowances likely to submit report on February 20 : Sen Times

New Delhi: The ‘Committee on Allowances’ is likely to submit higher allowances report to Finance Minister Arun Jaitley on February 20 which is due for implementation from August 1, 2016.

Finance Minister Arun Jaitley formed ‘Committee on Allowances’ for examination of the recommendations of 7th Pay Commission on allowances other than dearness allowance.
48 lakh serving central government employees and 52 lakh pensioners will be impacted by the report, the Committee on Allowances is likely to ditto the 7th Pay Commission report, said the Finance Ministry sources.

The ‘Committee on Allowances’, headed by Finance Secretary Ashok Lavasa, was appointed in July 2016 for 4 months. Its terms was extended in December 2016 till February 22, 2017.

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

Finance Minister Arun Jaitley formed ‘Committee on Allowances’ for examination of the recommendations of 7th Pay Commission on allowances other than dearness allowance as the pay commission had recommended abolition of 51 allowances and subsuming 37 others out of 196 allowances.

The ‘Committee on Allowances’ recommendation will guide how the various allowances of central government employees will be revised. The report would also impact all states government employees after some modifications.

“The government plans to pay pay higher allowance, under 7th Pay Commission recommendations, with retrospective effect from August 2016, central government employees unions demanded for implementation of the allowances with retrospective effect from January 2016,” the sources told The Sen Times.

Until acceptance of the report of ‘Committee on Allowances’, the allowances are now paid to the Central government employees according to the 6th Pay Commission recommendations.

According to the Finance Ministry, after getting the report on the allowances, the Union cabinet is expected to give nod the higher allowances in mid-March after the completion of five states assemblies’ poll process as the model code of conduct has come into effect from January 4 and the higher allowances under 7th Pay Commission may be implemented from April this year.

Compassionate Appointments: A Comprehensive View - 2016

Article By
Ch. Srinivasa Rao
Founder-Editor, “HARMONY”
Formerly COA, CSIR-NGRI,


The Scheme for “Compassionate Appointment under Central Government” was consolidated and issued vide DoPT O.M. No. 14014/6/86-Estt.(D) dated 30-6-1987 and again in the year 1998. Currently, the consolidated instructions on Compassionate Appointments were issued vide DoPT O.M. No.F.No.14014/02/2012-Estt.(D) dated 16-1-2013. Subsequently a number of instructions on compassionate appointments have been issued. Contents of relevant Office Memoranda and Orders issued from time to time on the subject have been further categorised under various easy-to-comprehend heads and are presented for reference and guidance.


The object of the Scheme is to grant appointment on compassionate grounds to a dependent family member of a Govt. servant dying in harness or who is retired on medical grounds, thereby leaving his family in penury and without any means of livelihood, to relieve the family of the Govt. servant concerned from financial destitution.


The dependent family member means: (a) spouse; or (b) son (including adopted son); or (c) daughter (including adopted daughter); or (d) brother or sister in the case of unmarried Govt. servant; or (e) member of the Armed Forces referred to in (A) or (B) of this para, who was wholly dependent on the Govt. servant/member of the Armed Forces at the time of his death in harness or retirement on medical grounds as the case may be.

To this list, married son/daughter has also been added due to pronouncements of judiciary which was explained elsewhere.

To a dependent family member:
(A) of a Govt. servant who:

a) dies while in service (including death by suicide); or

b) is retired on medical grounds under rule 2 of the CCS (Medical Examination) Rules, 1957 or the corresponding provision in the CCS Regulations before attaining the age of 55 years (57 years for erstwhile Group D Govt. servants); or

c) is retired on medical grounds under Rules 38 of the CCS (Pension) Rules, 1972 or the corresponding provision in the CCS Regulations before attaining the age of 55 years (57 years for erstwhile Group D Govt. servants); or

Under this list, dependent family members of Govt. servant are also included which is detailed elsewhere.

(B) of a member of the Armed Forces who –

a) dies during service; or

b) is killed in action; or

c) is medically boarded-out and is unfit for civil employment

Common Cadre Staff

Government Gives Green Signal To Merger Of SBI, Associate Banks

With the merger of all the five associates, SBI is expected to become a global-sized bank with an asset base of Rs.37 lakh crore or over $555 billion, 22,500 branches and 58,000 ATMs. It will have over 50 crore customers.New Delhi: Seeking to create a global sized bank, the government today gave go ahead to the merger plan of SBI and its five associate banks but did not take a decision with regard to Bharatiya Mahila Bank.
"The Cabinet had earlier in-principle cleared the (merger) proposal. It had gone to the boards of various banks which have granted the approvals. The recommendations of the boards were considered today and the Cabinet cleared the proposal," Finance Minister Arun Jaitley said.

The associate banks which will be merged with SBI are: State Bank of Bikaner & Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH). 

"With this merger, the SBI, with all these five subsidiaries merging in it, will also become a very large bank, not merely from a domestic point of view but actually a global player in its very size," the minister said after the Union Cabinet meeting.

It will, he added, "certainly lead to far greater efficiency. It will lead to synergy of operations within these will cut down the cost of operations. The cost of funds itself will come down".

With the merger of all the five associates, SBI is expected to become a global-sized bank with an asset base of Rs.37 trillion (Rs.37 lakh crore) or over $555 billion, 22,500 branches and 58,000 ATMs. It will have over 50 crore customers.

State Bank of India has about 16,500 branches, including 191 foreign offices spread across 36 countries. SBI first merged State Bank of Saurashtra with itself in 2008. Two years later, State Bank of Indore was merged with it.

Notification under Section 7 of Aadhaar Act, 2016 for identified schemes of DoPT

Source :

Solution for Google Drive The app is currently unreachable/unavailable

Copy below address and paste the same in Google Chrome exception to access Google drive

Google Chrome, Settings => Content Settings => Manage Exceptions. Add three exceptions: "", "", and "" all without the quotation marks, and with behaviour set to Allow
Thanks to Sugathan R Postal Assistant Pollachi

Final accounting Procedure for the Scheme called "Sukanya Samridhi Account Rules,2014"

Final accounting Procedure for the Scheme called "Sukanya Samridhi Account Rules,2014"

To view please Click Here.

Run Time Error while Discharge the NSC or KVP in Finacle

Sometime When We discharge the KVP or NSC, an error "Run Time error has occurred" is coming. The error is looking like below snap shoot.

Reason of Error :- When you see the screen shoot, you get the thing that the accounts of SOL are 45800100 and These are discharged at 31260501. So this error is coming while discharge the certificate in CSCCAAC

Solution :- First SOL Transfer In should be done for other SOL accounts in HACXFSOL and verify every account. Now these accounts are standing at Home SOL. You can discharge these accounts without any error.

Central government jobs about 2.83 lakh estimated by 2018

As per the budget documents, the workforce of the central government establishments would be 35.67 lakh in 2018

New Delhi: Nearly 2.83 lakh central government jobs are estimated to be generated by next year. This projection has been made in the Union Budget for 2017-18 presented last week by finance minister Arun Jaitley.
As per the budget documents, the workforce of the central government establishments would be 35.67 lakh in 2018, about 2.83 lakh more than the actual head count of 32.84 lakh in 2016. The home ministry will add 6,076 more personnel to take its strength to 24,778 in 2018. About 1.06 lakh more workforce will be added in police departments to take the total head count to 11,13,689 by next year.

The strength of police departments under the central government is 10,07,366, as per the 2016 data. There will be an estimated increase of 2,109 persons in the external affairs ministry as against its actual strength of 9,294 in 2016, it said.

In newly created ministry of skill development and entrepreneurship, the government has estimated to add 2,027 jobs by 2018. Its actual strength in 2016 was 53 only. Minister of state for personnel, public grievances and pensions Jitendra Singh on Sunday said the additional workforce will help in providing more citizen-centric governance.

“The central government is trying to emphasise more on employability of our youths rather then employment. That is why the skill development ministry has been started. It will train more youths to become entrepreneur and be job-ready in changing scenario. “The projection of additional workforce will help in providing more citizen centric governance,” he said.

There would be an estimated 1,045 more staff in 2018 in the ministry of civil aviation from its actual strength of 1,141 in 2016. In the department of posts, there would be 20,442 more workforce from its strength of 4,48,840.

The ministry of environment, forest and climate change will add 2,165 more jobs in next year to take its strength to 5,094. An estimated 91 people will be part of the workforce in the minority affairs ministry in 2018, in addition to its actual strength of 169 in 2016.

The mines ministry will have 1,351 more jobs to take its strength to 9,481 and the department of space will have an estimated 17,894 personnel, 3,068 more than its strength of 14,826. The personnel ministry will have 2,367 more personnel in 2018 than its actual strength of 8,443 in 2016. Whereas, the ministry of water resources, river development and Ganga rejuvenation will have a workforce of 11,407 in 2018, 3,632 more than its actual strength of 7,775 in 2016.


CSI Division Roll-out Task flow

CSI Division Rollout Task flow 

S.D. Choudhari, Sys Adm,RMS 'B' Dn Pune

PFRDA News : Advisory for all PFs and Custodians

Clarification for Contributory Pension Scheme (CPS / NPS) - Extra 50,000 Deduction - Chief Income Tax Officer -Tamilnadu

Employees Enrollment Campaign 2017 offers opportunity to employers to voluntarily declare details of all employees

Press Information Bureau
Government of India
Ministry of Labour & Employment
15-February-2017 12:58 IST

Employees Enrollment Campaign 2017 offers opportunity to employers to voluntarily declare details of all employees.

EPFO settles 19,114 grievances in January, 2017 
EPFO launched Employees Enrolment Campaign 2017 offering opportunity to the employers to voluntarily declare details of all employees hitherto deprived of social security benefits under EPFO. The declaration scheme is operational between January 1st 2017 to March 31st 2017. Under the Scheme: The employees’ share of contributions if declared by the employer as not deducted shall stand waived. The damages to be paid by the employer in respect of the employer in respect of the employees for whom declaration has been made under this campaign shall be at the rate of Rupee One per annum. No administrative charges shall be collected from the employer in respect of the contribution made under the declaration. A declaration can be made under the Campaign for the period for which no inquiry under Section 7A has been initiated.

EPFO has provided facility for online declaration under the Principal Employer section of EPFO portal which facilities the implementation of the Employees’ Enrolment Campaign. After declaration, the payments are to be remitted by the employer through month-wise ECRs for the entire past period of enrolments.

To facilitate enhanced services, furnishing of Aadhar has now been made mandatory for members and pensioners of the Employee’s Pension Scheme. Furnishing of Aadhar seeded bank accounts as well as Aadaar by EPF members would facilitate better identification as well as consolidation of EPF accounts linked with various spells of employment of EPF members. This would allow offering any time anywhere services to EPF members.

ECR 2.0 has been operationlized and the principal employer can view details of contractor establishment’s compliance status. This will help all employees, particularly contract employees, becoming aware of any non-compliance by their employer/contractor as they shall be immediately receiving SMSs whenever a contribution is credited into their account.

In January 2017, EPFO settled 19,114 grievance leaving 2,556 as pending. Out of the pending grievances, 2,206 were pending for less than seven days.

As a part of next phase of computerization, EPFO is moving towards a centralized receipt and payment, system. EPFO has entered into banking arrangements with multiple banks. Once operationlized, this would also facilitate automation of compilation of financial information as required for compiling the organizational balance sheet and other monitoring reports.

New Income Tax Rates And Deductions Applicable From April 1, 2017

With some tinkering in the income tax rates for 2017-18, Finance Minister Arun Jaitley reduced the tax rate for income between Rs. 2.5 lakh and Rs. 5 lakh to 5 per cent in the Union Budget, while adding a surcharge of 10 per cent on tax for income between Rs. 50 lakh and Rs. 1 crore.

Although the basic income tax exemption limit remains the same at Rs. 2.5 lakh, there are many exemptions available in the Income Tax Act, which can substantially reduce your tax liability.
One needs to plan from the beginning of the next financial year to take maximum benefit of the income tax deductions available.

Here are the new income tax slabs for taxpayers:

General category Senior citizens Super senior citizens
(Up to 60 years of age) (60-80 years) (Above 80 years)
Income Tax Income Tax Income Tax
Up to Rs. 2.5 lakh Nil Up to Rs. 3 lakh Nil Up to Rs. 5 lakh Nil
Rs. 2,50,001-Rs. 5 lakh 5% Rs. 3,00,001-Rs. 5 lakh 5% Rs. 5,00,001-Rs. 10 lakh 20%
Rs. 500,001-Rs. 10 lakh 20% Rs. 5,00,001-Rs. 10 lakh 20% Above Rs. 10 lakh 30%
Above Rs. 10 lakh 30% Above Rs. 10 lakh 30%
# Surcharge of 10% for income between Rs. 50 lakh and Rs. 1 crore
# Surcharge of 15% for income above Rs. 1 crore
# Rebate of up to Rs. 2,500 for taxable salary up to Rs. 3.5 lakh
# Education and higher education cess of 3%
Here are the some of the deductions available for FY2017- 18: 

House Rent Allowance under Section 10 (13A) of the Income Tax Act

House Rent Allowance, commonly known as HRA, makes up a major chunk of a salaried individual’s total pay. HRA is partly exempted from tax. If you are staying in your own house or not paying any rent, your HRA will be completely taxable. However, those who stay with their parents can also claim HRA benefits by paying rent to their parents.

The amount which is allowed for exemption under HRA is calculated as minimum of:

1) Rent paid annually minus 10 per cent of basic salary plus dearness allowance
2) Actual HRA received
3) 40 per cent of basic and dearness allowance (50 per cent in case of metro cities)

Deductions under Section 80C

Section 80C of the Income Tax Act provides various provisions under which an individual can get deduction benefits up to Rs. 1.5 lakh. Employees’ Provident Fund (EPF), Public Provident Fund (PPF), Sukanya Samriddhi Account, National Savings Certificate and tax-saving fixed deposits are some of the investment options that offer benefits under Section 80C. The premium paid for life insurance plans, National Pension Scheme (NPS) and tax-saving mutual funds (ELSS) also qualify for deduction under Section 80C.
Further, one can claim tuition fees paid for up to two children, principal repayment on home loan, stamp duty and registration cost on the house bought as deduction under Section 80C.

Deductions under Section 80CCD(1B)

Introduced in Budget 2015-16, Section 80CCD (1B) provides deduction up to Rs. 50,000 for investment in NPS Tier 1 account. This deduction is over and above the deduction available in Section 80C. An individual in 30 per cent tax bracket can save up to Rs. 15,450 of tax by investing Rs. 50,000 in NPS.

Deduction of interest on housing loan (Section 24B)

Buying a house is among several other things an individual wants to do during his or her lifetime. The income tax rules also incentivise the same. Under Section 24B of the Income Tax Act, interest paid up to Rs. 2 lakh on housing loan and up to Rs. 30,000 on home improvement loan is allowable as deduction from your taxable income.

The government has however cut down tax benefits borrowers enjoyed on properties let out on rent. As per current tax laws, for properties rented out, a borrower could deduct the entire interest paid on home loan after adjusting for the rental income. On the other hand, borrowers of self-occupied properties get Rs. 2 lakh deduction on interest repayment on home loan.

However, according to the proposed change in Budget 2017, on rented properties, the borrower can only claim deduction of up to Rs. 2 lakh per year after adjusting for the rental income. And the amount above Rs. 2 lakh can be carried forward for eight assessment years.

Since the interest component of home loan repaid in initial years is higher, experts say that the borrower may not be able to fully adjust the interest paid as deduction even in subsequent years.

Deduction under Section 80EE

Under Section 80EE, an additional deduction of Rs. 50,000 is available over and above the limit of Section 24B on interest paid on home loans if the person is buying a house for the first time (the person must not own any other residential property on the date of sanction of loan). However, to avail the benefit of this section the value of the property must be below Rs. 50 lakh and the loan amount should not exceed Rs. 35 lakh. Further, the property must be bought after April 1, 2016.

Deduction under Section 80D

Premium paid for medical/health insurance for self, spouse, children and parents qualify for deduction under this Section. On can claim deduction of Rs. 25,000, if he is below 60 years of age, and Rs. 30,000 if he is above 60 years of age, towards medical insurance premium paid for self, spouse and children. Further, additional deduction of Rs. 25,000 is available if one has bought medical insurance for his parents. This deduction can go up to Rs. 30,000 if parents are above the age of 60 years.

Deduction under Section 80DD

If a tax payer has dependent parents, spouse, children or siblings who are differently-abled, then he can claim deductions up to Rs. 75,000 for expenses on their maintenance and medical treatment under this section. This deduction can increase to Rs. 1.25 lakh in case of severe disability.

Deduction under Section 80DDB

Under this section, one can claim deduction of Rs. 40,000 for treatment of certain diseases for self and dependents. The deduction can go up to Rs. 60,000 if the tax payer is above 60 years of age and if he is above 80 years of age, then the deduction amount is up to Rs. 80,000.

Deduction under Section 80E

According to the provisions of Section 80E, a taxpayer can claim deduction for interest paid on education loan for him, spouse or children. There is no upper limit on the amount of deduction. However, the loan must have been taken from a financial institutional or approved charitable institution and for full-time higher education.
Source: NDTV

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SB46v6 Intimation Tool Offline version

SB 46 v6.0 Intimation Tool is used to Prepare the Intimation of SB46 for all types of accounts.

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  1. All schemes were added SB,RD,MIS,TD and PPF
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Download Link(Offline Version) SB46 v6.0 Released dated 24.06.2014


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Password of SB 46 v6.0 -No Need Inter net Connection

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An article by M. Krishnan, Secretary General, Confederation