Sunday 29 January 2017

Grant House Rent Allowance at the rate of 30%, 20% & 10% of 7th CPC – NFIR


No.IV/Budget/Part III
23.01.2017
Shri Arun Jaitley,
Hon’ble Minister of Finance,
North Block, New Delhi.
Dear Sir,
Sub: General Budget 2017-18 – NFIR’s proposals for consideration
The National Federation of Indian Railwaymen (NFIR) requests the Hon’ble Finance Minister to consider its proposals listed below for inclusion in the General Budget 2017-18 to be presented in Parliament in February, 2017.
1. The Income Tax exemption limit for Central Government Employees may be raised to atleast Rupees Six Lakhs
2. The Income Tax exemption limit for senior citizens may be raised to Rs.7.5 lakhs and for those Senior Citizens above 75 years age, the exemption be allowed up to Rs.10 lakhs.
3. Transport Allowance presently paid to the Central Government Employees may be exempted from the purview of Income Tax.
4. Fixed Medical Allowance to the retired Central Government Employees may be revised to not less than Rs.2,000/- Per month.
5. Grant House Rent Allowance at the rate of 30%, 20% & 10% of 7th CPC Pay to the Central Government Employees working at Cities/Towns classified as ‘X’ ‘Y’ &’Z’ respectively with back date.
6. Contract Labour performing jobs of perennial nature be granted wages at par with the regular employees performing similar jobs.
7. Child Care Leave for women employees be revised upwardly.
8. Pension parity be granted all those pre 1.1.2016 Pensioners of Central Government.
Proposals – Railway Specific
9. Additional funds be allocated for augmenting Railway Training Institutes and Railway Community Halls, Recreation Clubs etc’.
10. More funds may be provided for construction of new quarters in the Railways and for maintenance of Railway colonies.
11. Training Allowance for Trainers in Railways Training Institules may be enhanced to 30% of pay in lieu of the existing 15%.
12. Separate Rest Rooms for Women Railway Employees at different locations be sanctioned to enable them to stay when they visit on railway duties.
13. Additional Road Mobile Medical Vans may be approved for providing medical treatment to the railway employees and their families living at remote places and jungle stations.

(Dr. M.Raghavaiah)
General Secretary

Relaxation in the norms of promotions from LSG to HSG-II & HSG-II to HSG-I as one time measure - CHQ writes to Department


TDS on approved Provident and Superannuation Funds as per Income-Tax Act

TDS on payment of accumulated balance under recognised provident fund and contribution from approved superannuation fund

Ministry of Finance has issued a circular about details of TDS on approved Provident and Superannuation Funds as per Income-Tax Act

TDS ON PAYMENT OF ACCUMULATED BALANCE UNDER RECOGNISED PROVIDENT FUND AND CONTRIBUTION FROM APPROVED SUPERANNUATION FUND:

The trustees of a Recognized Provident Fund, or any person authorized by the regulations of the Fund   to make payment of accumulated balances due to employees, shall in cases where sub-rule(1) of Rule 9 of Part A of the Fourth Schedule to the Act applies, at the time when the accumulated balance due to an employee is paid, make therefrom the deduction specified in Rule 10 of Part A of the Fourth Schedule to the Act.

The accumulated balance is treated as income chargeable under the head “Salaries”.

Where any contribution made by an employer, including interest on such contributions, if any, in an approved Superannuation Fund is paid to the employee, tax on the amount so paid shall be deducted by the trustees of the Fund to the extent provided in Rule 6 of Part B of the Fourth Schedule to the Act. TDS should be at the average rate of tax at which, the employee was liable to be taxed during the preceding three years or during the period, if that period is less than three years, when he was member of the fund.

The deductor shall remain liable to deduct tax on any sum paid on account of returned contributions (including interest, if any) even if a fund or part of a fund ceases to be an approved Superannuation fund.

As per section 192A of the Act, w. e. f. 01.06.2015 the trustees of the EPF Scheme 1952 framed under section 5 of the EPF & Misc. Provisions Act, 1952 or any person authorized under the scheme to make payment of accumulated balance due to employees, shall, in a case where the accumulated balance due to an employee participating in a recognized provident fund is includible in his total income owing to the provisions of Rule 8 of Part A of Fourth Schedule not being applicable at the time of payment of accumulated balance due to the employee, deduct income tax thereon @ 10% if the amount of such payment or aggregate of such payment exceeds Rs 50,000/-. In case the employee does not provide his/her PAN No., then the deduction will have to be made at maximum marginal rate.

TECHNICAL RESIGNATION & LIEN HIGHLIGHTS – CONSOLIDATED GUIDELINES

Highlights of DoPT OM No. 28020/1/2010-Estt(C) Dtaed 17.08.2016

1. Technical Resignation:

  • Government servant should have applied through proper channel for a post in same or some other Department.
  • If the conditions are met, it will be taken as Technical resignation, even if it was not mentioned as Technical Resignation while applying and all admissible benefits should be extended.
  • If competent authority not allowed the forwarding of application, it will not be treated as Technical resignation.
  • Benefits are admissible even if the employee applied before joining the service and application was not routed through proper channel, provided employee should intimate such application immediately after joining the service.

2. Balance leave credited:

  • Balance of utilized Child Care Leave and other leaves will be carried forward.
  • In case of permanent absorption in PSU/Autonomous Body/State Govt. employee is eligible for cash equivalent of leave salary in respect of EL & HPL at his credit subject to the limit of 300 days.
3. LTC carry forwarded: Entitlement for LTC will be carry forward.

4. Pay Protection: Protection of Pay will be given.
If employee rejoins his previous post:
  • In case employee rejoins his earlier post, he will be entitled for increments for the period of his absence from that post.
  • Transfer of GPF will be governed.
  • Seniority in the post held by the employee on substantive basis continues to be protected.
5. However the period spent in other department will not be counted for minimum qualifying service for promotion.

6. Past service counted for Pension: Employee originally joined before 1.1.2004, joined the new post on technical resignation after 1.1.2004, his past services are counted towards pension.

7. Transfer of NPS account: In case of NPS, the balance standing in Personal Retirement Account along with PRNA will be carried forward to new office.

8. Service Book transfer: Service Book from the date first appointment must be kept in the custody of head office in which employee is serving and transferred with him from office to office.

9. Medical Examination & verification:
  • If standard of medical examination is same for the new post, then employee need not to undergo fresh medical examination.
  • No need for verification of character & Antecedents of the employee, if period of discharging from previous post and appointment to new post is less than a year.
10. Lien will be maintained for two years normally, 3 years in exceptional cases.

11. Joining Time, Joining time pay & allowances:
  • Central & State Govt employees are eligible for joining time, which will be included as qualifying service in new Job.
  • During Joining Time, Eligible for pay equal to pay drawn in old post before relinquishment, DA & HRA. No Transport allowance
  • Entitled for Transfer Travelling Allowance.
Download Technical Resignation and Lien highlights and OM No. 28020/1/2010-Estt(C) Dtaed 17.08.2016 by clicking the below link