Thursday, May 14, 2015

DA from Jan-2015 to CDA pattern employees of CPSEs – @ 273% for without 50% DA Merger and 223% with 50% DA merger

Dearness Allowance from January, 2015 to CDA pattern employees of CPSEs governed by HPPC recommendation enhanced from 262% to 273% for without 50% DA Merger and 212% to 223% for 50% DA merger scale:-
No. 2(42)/97-DPE (WC)-GL-VIII/15
Government of India
Ministry of Heavy Industries & Public Enterprises
Department of Public Enterprises
Public Enterprises Bhawan,
Block 14, CGO Complex, Lodi Road.
New Delhi-110003, 29thApril, 2015
OFFICE MEMORANDUM

Subject: – Payment of DA to the CDA pattern employees of CPSEs governed by HPPC recommendations.

The undersigned is directed to refer to Para No. 2 and Annexure-III to this Department’s OM. dated 24.10.1997 wherein the rates of DA payable to the employees of CPSEs following CDA pattern pay scales, which are governed by HPPC recommendations had been indicated.

2. In continuation of this Department’s OM of even number dated 9.10.2014, the rates of Dearness Allowance w.e.f. 01.01.2015 payable to the employees of CPSEs governed by the recommendations of HPPC. which have not revised their pay scales in terms of DPE O.M. No. 2(54)/2008-DPE(WC) dated 14.10.2008 may be as follows:-

a) In case of CPSEs who have not allowed the benefit of merger of 50% of DA with basic pay as contained in DPE QM. dated 24.05.2005 to their employees. the DA payable may be enhanced from existing rate of 262% to 273%.

b) In case of CPSEs who have allowed the benefit of merger of 50% of DA with basic pay as contained in DPE QM. dated 24.05.2005 to their employees, the DA payable may be enhanced from existing rate of 212% to 223%.

3. The payment of Dearness Allowance involving fractions of 50 paise and above may be rounded off to the next higher rupee and the fractions of less than 50 paise may be ignored.

4. All administrative Ministries/Department of Government of India are requested to bring the foregoing to the notice of the Central Public Sector Enterprises under their administrative control for action at their end.
sd/-
(Samsul Haque)
Under Secretary
Source: http://dpe.nic.in/sites/upload_files/dpe/files/29_04_2015_CDA_5th_CPC0001.pdf

Grant of Dearness Relief to Central Government pensioners/family pensioners – Revised rate effective from 1.1.2015.

Grant of Dearness Relief to Central Government pensioners/family pensioners – Revised rate effective from 1.1.2015.
F. No. 42/10/2014-P&PW(G)
Government of India
Ministry of Personnel, Public Grievances & Pensions
Department of Pension & Pensioners’ Welfare

3rd Floor, Lok Nayak Bhavan,
Khan Market, New Delhi – 110003
Date : 27th April, 2015
OFFICE MEMORANDUM

Subject : Grant of Dearness Relief to Central Government pensioners/family pensioners – Revised rate effective from 1.1.2015.

The undersigned is directed to refer to this Department’s OM No. 42/10/2014-P&PW(G) dated 29th September, 2014 on the subject mentioned above and to state that the President is pleased to decide that the Dearness Relief (DR) payable to Central Government pensioners/family pensioners shall be enhanced from the existing rate of 107% to 113% w.e.f.1st January, 2015.


2. These orders apply to

(i) All Civilian Central Government Pensioners/Family Pensioners

(ii) The Armed Forces Pensioners, Civilian Pensioners paid out of the Defence Service Estimates,

(iii) All India Service Pensioners
 
(iv) Railway Pensioners and

(v) The Burma Civilian pensioners/family pensioners and pensioners/families of displaced Government pensioners from Pakistan, who are Indian Nationals but receiving pension on behalf of Government of Pakistan and are in receipt of ad-hoc ex-gratia allowance of Rs. 3500/- p.m. in terms of this Department’s OM No. 23/1/97-P&PW(B) dated 23.2.1998 read with this Department’s OM No. 23/3/2008-P&PW(B) dated 15.9.2008.

3. Central Government Employees who had drawn lump sum amount on absorption in a PSU/Autonomous body and have become eligible to restoration of 1/3rd commuted portion of pension as well as revision of the restored amount in terms of this Department’s OM No. 4/59/97-P&PW (D) dated 14.07.1998 will also be entitled to the payment of DR @ 113% w.e.f. 1.1.2015 on full pension i.e. the revised pension which the absorbed employee would have received on the date of restoration had he not drawn lump sum payment on absorption and Dearness Pension subject to fulfillment of the conditions laid down in para 5 of the O.M. dated 14.07.98. In this connection, instructions contained in this Department’s OM No.4/29/99-P&PW (D) dated. 12.7.2000 refer.

4. Payment of DR involving a fraction of a rupee shall be rounded off to the next higher rupee.

5. Other provisions governing grant of DR in respect of employed family pensioners and re-employed Central Government Pensioners will be regulated in accordance with the provisions contained in this Department’s OM No. 45/73/97-P&PW (G) dated 2.7.1999 as amended vide this Department’s OM No. F. No. 38/88/2008-P&PW(G) dated 9th July, 2009. The provisions relating to regulation of DR where a pensioner is in receipt of more than one pension will remain unchanged.

6. In the case of retired Judges of the Supreme Court and High Courts, necessary orders will be issued by the Department of Justice separately.

7. It will be the responsibility of the pension disbursing authorities, including the nationalized banks, etc. to calculate the quantum of DR payable in each individual case.

8. The offices of Accountant General and authorised Pension Disbursing Banks are requested to arrange payment of relief to pensioners etc. on the basis of these instructions without waiting for any further instructions from the Comptroller and Auditor General of India and the Reserve Bank of India in view of letter No. 528-TA, 11/34-80-11dated 23/04/1981 of the Comptroller and Auditor General of India addressed to all Accountant Generals and Reserve Bank of India Circular No. GANB No. 2958/GA-64 (ii) (CGL)/81 dated the 21st May, 1981 addressed to State Bank of India and its subsidiaries and all Nationalised Banks.

9. In their application to the pensioners/family pensioners belonging to Indian Audit and Accounts Department, these orders issue after consultation with the C&AG.

10. This issues with the concurrence of Ministry of Finance, Department of Expenditure conveyed vide their ID No. 1(4)/E.V/2004 dated 24thApril, 2015.

11. Hindi version will follow.
(D.K.Solanki)
Under Secretary to the Government of India
To,
1. All Ministries/Departments of the Government of India/Chief Secretaries and AGs of all
States/UTs.
2. Copy for information to Reserve Bank of India(RBI) and all authorized Pension Disbursing
Banks.

Please visit this Department’s website http://pensionersportal.gov.in for the orders on pension matters including above orders.

Seventh Central Pay Commission team visits North East region to interact with stakeholders

Seventh Central Pay Commission team visits North East region to interact with stakeholders

Guwahati: The Seventh Central Pay Commission visited the North East region for interaction and to obtain inputs/views from the stakeholders, a defence spokesperson said.

Vivek Rae, Member, Seventh Central Pay Commission
Vivek Rae, Member, Seventh Central Pay Commission
The four-member Central Pay Commission (CPC) team headed by its Chairman Justice A K Mathur based its activites out of Shillong in Meghalaya for three days concluding yesterday.


During their visit, the team interacted with a wide array of stakeholders from Central Government services, including the Army, Air Force, Para Military Forces, Central Armed Police Forces and their family members, PRO Defence, Shillong, Group Captain Amit Mahajan said.

The focus of the CPC was to get first-hand information from various central government organisations, troops and their families deployed in different areas of the NE region, he said.

The aim of the deliberations by the CPC was to assess the problems faced by those working in central government organisations, thus providing greater depth and knowledge on the environment before finalising its recommendations, Mahajan said.

The visit of the CPC was facilitated by the Defence Forces and covered areas at forward locations from Arunachal Pradesh to locations in Guwahati and Shillong, he added.

PTI

Black money bill passed; Government warns those having illegal assets

Black money bill passed; Government warns those having illegal assets

New Delhi: A bill to deal with black money stashed abroad was passed by Parliament today with government warning those having such assets to utilise the ‘compliance window’ or have sleepless nights once the global automatic information exchange system comes into effect in 2017.


Finance Minister Arun Jaitley said in Rajya Sabha that the new law, with stringent provisions, will help “squeeze” black money even as he underlined that the option of ‘compliance window’, which may run for a few months, was not an amnesty scheme.

“The world is no longer willing to tolerate tax havens which thrive in secrecy,” he said, just before the ‘Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Bill, 2015′ was approved by the House, two days after the Lok Sabha passed it.

Jaitley, however, made it clear that the new law will not cover those having amounts equivalent to Rs 5 lakh in bank accounts abroad, which may belong to students or those working there.

The compliance window will provide an opportunity to people to come clean by declaring overseas assets and paying tax and penalty totalling 60 per cent, Jaitley said while replying to a debate on the bill on the last day of the session.

The timeframe for the compliance window will be notified as part of the rules.

“It is a taxation which is being imposed on an asset or an income outside. Since the tax has been imposed for the first time, we are giving you a compliance period where you pay 30+30 per cent and then you can sleep well.

“And then also remember, if you don’t use this compliance window now, time will run out because by 2017 there will be a realtime automatic disclosure of information taking place,” he said.

The Bill, which seeks to unearth unaccounted funds and assets stashed by Indians abroad and provide for 120 per cent tax and penalty in addition to 10-year jail term, will become law after getting assent of the President.

The government has also armed itself to attach domestic property of equivalent value of such offenders.

PTI

Simplification of Withdrawal process – Documentary requirements : PFRDA Clarification

Simplification of Withdrawal process – Documentary requirements : PFRDA Clarification

CIRCULAR
PFRDA
PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY
PFRDA/2015/07/EXIT/02
12th May, 2015
To,
All Govt depts./PAO’s/PrAO’s/DDO’s/DTO’s & CRA

Dear Sir/ Madam,

SUB: Simplification of Withdrawal process – Documentary requirements- Circular dt. 25th February, 2015

Reference is drawn to the circular issued on 25th February, 2015 on the matter of simplification of withdrawal process and the documentary requirements thereunder.

There have been queries from some of the stakeholders as to whether these simplified documentary requirements as specified in the circular are applicable to withdrawal requests reported to CRA and NPS Trust, prior to the issuance of the circular or not.

In this regard, it is clarified that the circular would be applicable even to the withdrawal requests which were reported prior to the issuance of the said circular to CRA and NPS Trust.

All other terms, conditions of the said circular remain unaltered.

Yours faithfully,
Sd/-
Venkateswarlu Peri
General Manager
Source: PFRDA
Download: NPS Simplification of Withdrawal process – PFRDA Clarification

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