Tuesday, 21 August 2018

Eid Mubarak

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Entitlement of TA/DA to JCM Members after implementation of 7th CPC recommendations – Dopt

Entitlement of TA/DA to JCM Members after implementation of 7th CPC recommendations – Dopt 
F.No. 8/10/2003-JCA
Government of India
Ministry of Personnel, P.G & Pensions
Department of Personnel & Training
Establishment (JCA) Section
North Block, New Delhi
Dated 20th August, 2018
OFFICE MEMORANDUM
Subject: Revision of Entitlement of TA/DA to JCM Members after implementation of Seventh CPC recommendations.
The undersigned is directed to say that consequent upon the revision of rates of Travelling Allowance/Daily Allowance by the Department of Expenditure vide O.M. No. 19030/1/2017-E.IV dated 13/07/2017, the Staff Side Members of the National Council (NC)/Departmental Councils and Third Level/Regional Councils of JCM shall be entitled to TA/DA etc. in the following manner w.e.f. 01.07.2017.
A. National/Departmental Council JCM
TA/DA entitlement as admissible to officers in Pay level 12 & 13 as per Department of Expenditure’s O.M. No. 19030 /1/2017-E.IV dated 13/07/2017 as under:
(i) Travel entitlement within the country – Economy class by Air or AC-I Class by Train including travel in Premium /Premium Tatkal /Suvidha/Shatabdi / Rajdhani Trains.
(ii) Reimbursement for Hotel Accommodation of upto Rs. 4500/- per day.
(iii) Reimbursement of food bills not exceeding Rs.1000/- per day.
(iv) Reimbursement of AC Taxi Charges of upto 50 kms per day.
B. Regional/ Office Council (JCM)
TA/DA entitlement as admissible to officers in Pay level 11 as per Department of Expenditure’s O.M. No. 19030 /1/2017-E.IV dated 13/07/2017 as under :
(i) Travel entitlement within the country – Economy Class by Air or AC-II Class including Rajdhani/ Shatabdi Express etc.
(ii) Reimbursement for Hotel Accommodation of upto Rs. 2250/- per day.
(iii) Reimbursement of food bills not exceeding Rs. 900/- per day.
(iv) Reimbursement of non-AC taxi charges of up to Rs. 338/- per day for travel within the city
2. The admissibility of DA in case of free boarding and lodging, has been considered in Department of Expenditure. Daily Allowance is given to the Govt. employees as a reimbursement of the expenditure incurred by him on tour for his stay, food and travel at that station. In case of free boarding and lodging, the Govt. employee, if incurring any expenditure on local travel, can claim the same as per Para 2 E(i) and (iii) of the Annexure to OM No.19030/1/2017 E.IV dated 13.07.2017. The earlier system of giving 25% of DA has been discontinued. Also after implementation of 7th CPC recommendations, the facility of DA at 5th CPC rates is done away with.
3. This O.M. is issued with concurrence of the Ministry of Finance, Department of Expenditure vide I.D. No.300377130/2018-E.IV dated 31.07.2018
(Juglal Singh)
Deputy Secretary to the Government of India
Tel.No.23092338
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For senior citizens, these are the best ways to invest their money

For senior citizens, these are the best ways to invest their money

There are several financial benefits offered to individuals upon crossing the age of 60 years or 80 years. They are offered higher assured returns on investments and greater tax exemptions.
Written by Adhil Shetty | New Delhi | Published: August 21, 2018 12:33:27 pm
'Remove cap on maintenance to elderly in act on welfare of senior citizens'

A person’s returns expectations and risk appetite can change with age. Upon hitting 60 years, an age when many people choose to retire, one faces the challenge of not outliving the resources one has accumulated. (Representational Image)
There are several financial benefits offered to individuals upon crossing the age of 60 years or 80 years, including higher assured returns on investments and greater tax exemptions. This Senior Citizens’ Day here’s a look at what investment options are best suited for those who’ve crossed 60.
A person’s expectations of returns, and risk appetite, can change with age. Upon hitting the age of 60, an age at which many people choose to retire, one faces the challenge of not outliving the resources one has accumulated.
In order to attain optimal returns, maintain liquidity, and reduce risk, a good mix of fixed and market-linked products is necessary. Let’s look at the financial products that fit the portfolio of a senior citizen best.

Fixed deposit scheme for senior citizens

The investment tenure associated with fixed deposit schemes ranges from seven days to 10 years, and the rate of interest varies as per the tenure. Senior citizens enjoy an interest rate of around 0.25 per cent to 0.5 per centhigher than the regular rates.
So if the interest rate on FD is 7.5 per cent to 8 per cent per annum, senior citizens can avail interest of 7.75 per cent to 8.25 per cent.
Senior citizens are also entitled to a tax exemption of up to Rs 50,000 on interest income from investments such as bank FDs, post office saving schemes etc. This exemption under Section 80 TTB is not available to anyone under the age of 60. Also, five-year FDs qualify for tax deduction under Section 80 (C).
Some of the banks that offer attractive interest rate for the Senior citizen investors are mentioned in the table below.

High-interest savings account

High-interest savings accounts are low risk investment instrument that ensure high liquidity. The prevailing interest rate on such savings account range from 5 per cent to 7 per cent per annum. The most attractive feature of a high-interest savings account is that the interest is calculated on the daily balance, so the investor earns interest even if a corpus is deposited on Saturday and withdrawn after two days on Monday.
Also, there are deduction benefits under Section 80 TTA for interest earned up to Rs 10,000 in a financial year.

Senior citizen savings scheme (SCSS)

Among small savings schemes, Senior Citizens Savings Scheme is the one meant only for senior citizens. It offers an impressive, assured rate of interest rate of 8.3 per cent. it is also very safe due to being backed by the Government of India. This is a five-year deposit plan with nationalised banks/post offices which can be extended for another three years. One can invest up to Rs 15 lakh under SCSS, and avail a tax deduction up to Rs. 1.5 lakh under Section 80 (C).
The interest income is paid out in a quarterly basis under this scheme which fulfils the pension requirement of senior citizens.

Health insurance

This is a must-have for everyone, no matter their age. The sole purpose of a health insurance is to provide you financial support during a health emergency or disability. Given the increasing cost of healthcare in mind, the government has offered greater tax relief on the premiums paid towards insurance for senior citizens.
The tax exemption limit on premiums paid for senior citizens is now set at Rs 50,000 under Section 80D. For expenses borne towards treatment of critical ailments, the exemption limit is Rs 1 lakh under Section 80DDB from FY 2018-19.

Short-term debt and balanced mutual funds

Equity mutual funds are often perceived to be moderately risky investments. However, there is a whole range of low-risk mutual funds as well. These are well-suited for the needs of senior citizens. While the choice of fund would largely depend on the flow of income and risk appetite, a blanket recommendation for senior citizens would be to opt for liquid/short-term debt mutual funds or debt-oriented balanced mutual funds.
Debt-oriented balanced funds (also known as Monthly Income Plans) invest in a mix of fixed income and instruments and equity. All debt funds also offer indexation benefits after three years on long-term capital gains tax at 20.6 per cent, which makes the investment tax-efficient.
Retrieving money from open-ended debt funds is easy and can be done at any point. Over the long-term, this investment can provide high safety of capital, along with returns moderately higher than fixed deposits and small savings.


The writer is CEO, BankBazaar.
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India Post Payments Bank - Revised Incentive Process & Calculation

India Post Payments Bank - Revised Incentive Process & Calculation


India Post Payments Bank - Revised Incentive Calculation sheet attached below. Please download refer the revised calculation
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Sanction of one increment who who retired on 30-06-2006 onwards

Sanction of one increment who who retired on 30-06-2006 onwards

Request for suitable action - Sanction of one increment who who retired on 30-06-2006 onwards

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India Post Payments Bank Video by NIBF

India Post Payments Bank Video by NIBF 



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Change of date of holiday on account of Id-u-Zuha (Bakrid) during 2018: DoPT OM dated 20.08.2018

Change of date of holiday on account of Id-u-Zuha (Bakrid) during 2018: DoPT OM dated 20.08.2018

Change of date of holiday on account of Id-u-Zuha (Bakrid) during 2018: DoPT OM dated 20.08.2018

MOST IMMEDIATE 
F. No. 12/4/2018-JCA2
Government of India
Ministry of Personnel Public Grievances and Pensions 
Department of Personnel and Training
JCA Section

North Block, New Delhi 
Dated the 20th August, 2018

OFFICE MEMORANDUM

Subject : Change of date of holiday on account of Id-u-Zuha (Bakrid) during 2018 for all Central Government administrative offices located at Delhi / New Delhi.

        In supersession of this Ministry's OM of even number dated 14/ 08/ 2018 on the subject cited above and on the basis of the report of Ruiyat Hilal (moon deciding Committee) headed by Shahi Imam , Jama Masjid, Delhi, Syed Ahmed Bukhari intimating that witnesses of sighting of moon have been received from different cities of India, it has been decided that in Delhi Id-ul-Zuha {Bakrid) will be celebrated on 22nd August, 2018 instead of 23.08.2018 as notified vide this Ministry's OM No. 12/3/ 20 17-JCA2 dated 14.06.2017 for all Central Government Administrative Offices at Delhi/ New Delhi.

2. For Offices outside Delhi / New Delhi the Employees Coordination Committees or Head of Offices (where such Committees are not functioning) can decide the date depending upon the decision of the concerned State Government. 

3. The earlier OM issued in this regard vide OM of even number dated 14/08 2018 stands withdrawn.

Hindi version will follow. 

{Juglal Singh)
Deputy Secretary Government of India
Tel. No. 2309 2338

To

1. All Ministries/ Departments of Government of India. 

2. UPSC / CVC / C&AG / Supreme Court/ High Court/ Lok Sabha Secretariat/ / Rajya Sabha Secretariat / President 's Secretariat/Vice-President's Secretariat/ PM 's Office/ Central Administrative Tribunals/ National Commission for Scheduled Castes/ National Commission for Scheduled Tribes/ National Commission for Backward Classes 

3. All attached and subordinate offices of Ministry of Personnel, P.G . & Pensions/ MHA 

4. Secretary, Staff Side, National Council (JCM), 13-C, Ferozeshah Road, New Delhi. 

5. All Staff/ Members of the National Council (JCM). 

6. All Staff Side Members of the Departmental Council {JCM), Ministry of Personnel, Public Grievances and Pensions. 

7. Chairmen / Secretaries, Central Government Employees Welfare Coordination Committees, in the State Capitals. 

8. Deputy Secretary (Coordination), Delhi Govt . Secretariat, I.G. Stadium, I.T.O., New Delhi. 

9. Chief Secretary, all the State Governments

change of bakrid holiday

Source: https://dopt.gov.in/sites/default/files/Bakrid.pdf

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APPEAL FOR HELP OF KERALA

APPEAL FOR HELP OF KERALA

APPEAL FOR HELP OF KERALA


 No. PF-66/2018                                                        Dated : 20th August  2018

To
Shri A.N Nanda,
Secretary,
Department of Posts,
DakBhawan, New Delhi – 110001

Sub: -         Appeal for help of Kerala

Sir,

 you are well aware about the unprecedented flood havoc and disaster in Kerala. The Calamity has caused immeasurable devastation and untold sufferings to the people of Kerala. Hundreds lives have been lost. Thousands home have been destroyed and many more damaged. The roads have been damaged on large scale. Crops have been destroyed fully. Every section of Kerala is suffering a lot. Our Postal family members are also suffering untold miseries as their houses are destroyed or damaged.

This type of calamity has never been faced by the people of Kerala.

Being a part of civilized society we should also make some efforts to extend help to the people of Kerala.

We have made appeal to entire rank and file of NFPE to extend maximum help by donating in Kerala Chief Ministers Distress Relief Fund.

We would like to urge upon you being Head of the Postal Family,kindly give appeal to all Postal Employees to donate atleast one day salary for the help of people of Kerala.

Hoping for a positive response.
Yours Sincerely,

                                                                                 (R.N Parashar)
                                                                             Secretary General
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Books for LGO Exam to be held on 09.12.2018

Books for LGO Exam to be held on 09.12.2018

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