“Forward ever, backward never: onwards with Breaking Through”
02/12/2016
NO PAY HIKE NOW.
The anomalies arising out of the implementation of the recommendations of the 7th CPC will be examined by the Anomalies Committee which has already been constituted. Based on the report of the Committee, the matter will be considered by the Government and appropriate decision will be taken.
OVERNMENT OF INDIA
MINISTRY OF FINANCE
RAJYA SABHA
UNSTARRED QUESTION NO-1526
ANSWERED ON-29.11.2016
Pay hike after implementation of Seventh Central Pay Commission
1526 . Dr. Sanjay Sinh
(a) the salient features of the Seventh Central Pay Commission;

(b) the percentage of increase in the salaries of employees after the implementation of the recommendations of Seventh Central Pay Commission;
(c) the percentage of increase in the salaries of employees after the fourth, fifth and sixth Central Pay Commission;
(d) whether the extent of pay hike this time is very less as compared to the previous pay hikes; and
(e) whether Government would reconsider it in view of the resentment among employees and pay anomalies?
ANSWER
MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI ARJUN RAM MEGHWAL)
(a): The Seventh Central Pay Commission (7th CPC) has recommended the minimum pay of Rs. 18,000 per month and uniform fitment factor of 2.57 for all employees. The system of Pay Band and Grade Pay has been replaced with separate Pay Matrices for Civil, Defence and Military Nursing Services personnel. The Commission has recommended abolishing 52 allowances and subsuming of another 36 allowances either in an existing allowance or in newly proposed allowances. Allowances relating to Risk and Hardship will be governed by a Risk and Hardship Matrix. The Commission has also recommended revised pension formulation for all personnel who have retired before 01.01.2016 to bring about complete parity of past pensioners with current retirees.
(b) to (e): Salary of all employees will increase by at least 14.29 per cent after the implementation of Seventh Central Pay Commission (7th CPC) recommendations. The 7th CPC has mentioned that increases given in Minimum Pay were 27.6%, 31.0% and 54.0% by Fourth, Fifth and Sixth Central Pay Commissions, respectively. The anomalies arising out of implementation of the recommendations of the 7th CPC will be examined by the Anomalies Committee which has already been constituted. Based on the report of the Committee, the matter will be considered by the Government and appropriate decision will be taken.
Source: http://rajyasabha.nic.in/
02/12/2016

Departmental Council (JCM) will be held on  20-12-2016   at 11.00 A.M. under the Chairmanship of Secretary (Posts).

Government of India
Ministry of Communications & IT
Department of Posts
(SR Section)

No. 06/03/2015-SR                            Dated   30th November, 2016.


Subject:   Notice for the next  Departmental Council (JCM) meeting   in  the Department of Posts.
         
                
The meeting of the Departmental Council (JCM) will be held on  20-12-2016   at 11.00 A.M. under the Chairmanship of Secretary (Posts) in G.P. Roy Committee Room, 2nd Floor,  Dak Bhavan,  New Delhi.

          Please make it convenient to attend the meeting.  The meeting will be followed by lunch.

                                                                                      -sd/- 
( K. Mathivanan)
Director (SR & Legal)

Staff Side:

1.         Shri  R.N. Parashar
2.         Shri  D. Theagarajan
3.         Shri  Giri Raj Singh
4.         Shri  D. Krishna Rao
5.         Shri  P. Suresh
6.         Shri T.N. Rahate
7.         Shri  J. Ramamurthy
8.         Ms. R. Seethalakshmi
9.         Shri  Subhash Chakravarthy
10.      Shri Pranab Bhatacharjee
11.      Shri T. Satyanarayana
12.      Shri N. Ramappa
13.      Shri P.K. Muralidharan
14.      Shri Dharam Pal Sharma
15.      Shri  Shivkant Mishra
 
02/12/2016

Gold jewellery and ornaments - Married lady 500 grams and 250 grams per unmarried lady and 100 grams per male 

"A reference to instruction No.1916 is also invited which provides that during the search operations, no seizure of gold jewellery and ornaments to the extent of 500 grams per married lady, 250 grams per unmarried lady and 100 grams per male member of the family shall be made." 

Press Information Bureau 
Government of India
Ministry of Finance
01-December-2016 15:58 IST

Government clarifies that the apprehension sought to be created that the jewellery with the household which is acquired-out of disclosed sources or exempted income shall become taxable under the proposed Taxation Laws (Second Amendment) Bill, 2016, is totally unfounded and baseless

In the wake of Taxation Laws (Second Amendment) Bill, 2016 which has been passed by the Lok Sabha and is under consideration with Rajya Sabha, some rumours have been making rounds that all gold jewellery including ancestral jewellery shall be taxed @75% plus cess with a further penalty liability of 10% of tax payable.

It is hereby clarified that the above Bill has not introduced any new provision regarding chargeability of tax on jewellery. The Bill only seeks to enhance the applicable tax rate under section 115BBE of the Income-tax Act, 1961 (the Act) from existing 30% to 60% plus surcharge of 25% and cess thereon. This section only provides rate of tax to be charged in case of unexplained investment in assets. The chargeability of these assets as income is governed by the provisions of section 69, 69A & 69B which are part of the Act since 1960s. The Bill does not seek to amend the provisions of these sections. Tax rate under section 115BBE is proposed to be increased only for unexplained income as there were reports that the tax evaders are trying to include their undisclosed income in the return of income as business income or income from other sources. The provisions of section 115BBE apply mainly in those cases where assets or cash etc. are sought to be declared as ‘unexplained cash or asset’ or where it is hidden as unsubstantiated business income, and the Assessing Officer detects it as such.

It is clarified that the jewellery/gold purchased out of disclosed income or out of exempted income like agricultural income or out of reasonable household savings or legally inherited which has been acquired out of explained sources is neither chargeable to tax under the existing provisions nor under the proposed amended provisions. In this connection, a reference to instruction No.1916 is also invited which provides that during the search operations, no seizure of gold jewellery and ornaments to the extent of 500 grams per married lady, 250 grams per unmarried lady and 100 grams per male member of the family shall be made. Further, legitimate holding of jewellery upto any extent is fully protected.

In view of the above, the apprehension sought to be created that the jewellery with the household which is acquired out of disclosed sources or exempted income shall become taxable under the proposed amendment is totally unfounded and baseless.

Source: PIB News

 
01/12/2016
Click the above link to view the letter. 

The copy of the letter furnished below.


Click the above link to view the judgment.
Summary of the judgment:
 CAT, Delhi dispose of the OAs with the following directions to the respondents:
 (a) For all Gramin Dak Sevaks, who have been absorbed as regular Group ‘D’ staff, the period spent as Gramin Dak Sevak will be counted in toto for the purpose of pensionary benefits.
(b) Pension will be granted under the provisions of CCS (Pension) Rules, 1972 to all Gramin Dak Sevaks, who retire as Gramin Dak Sevak without absorption as regular Group ‘D’ staff, but the period to be counted for the purpse of pension will be 5/8th of the period spent as Gramin Dak Sevak. Rule 6 will accordingly be amended.
(c) The Gramin Dak Sevaks (Conduct and Engagement) Rules, 2011 are held to be valid except Rule 6, as stated above.