“Forward ever, backward never: onwards with Breaking Through”

‘Expected DA January 2016’ completes its second step – AICPIN for August 2015

All India Consumer Price Index for the month of August 2015 release by the Labour Bureau today…

No.5/1/2015 – CPI
DATED : 30th September, 2015
Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – August, 2015

The All-India CPI-IW for August, 2015 increased by 1 point and pegged at 264 (two hundred and sixty four). On 1-month percentage change, it increased by (+) 0.38 per cent between July, 2015 and August, 2015 when compared with the increase of (+) 0.40 per cent between the same two months a year ago.

The maximum upward pressure to the change in current index came from Food group contributing (+) 1.57 percentage points to the total change. At item level, Arhar Dal, Masur Dal, Groundnut Oil, Mustard Oil, Beef, Milk, Onion, Garlic, Brinjal, Parval, Peas, Coconut, Tea (Readymade), Electricity Charges, Barber Charges, etc. are responsible for the increase in index. However, this increase was restricted by Rice, Wheat, Wheat Atta, Fish Fresh, Poultry (Chicken), French Beans, Potato, Tomato, Cooking Gas, Petrol, etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 4.35 per cent for August, 2015 as compared to 4.37 per cent for the previous month and 6.75 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 3.55 per cent against 3.21 per cent of the previous month and 7.63 per cent during the corresponding month of the previous year.

At centre level, Jharia reported the highest increase of 9 points followed by Ludhiana (7 points), Kodarma and Labac Silchar (6 points each). Among others, 5 points in 6 centres, 4 points in 11 centres, 3 points in 7 centres, 2 points in 17 centres and 1 point in 15 centres. On the contrary, Goa centre recorded a maximum decrease of 4 points followed by Mundakayam and Ernakulam 3 points each. Among others, 2 points decrease was observed in Quilon centre and 1 point in 4 centres. Rest of the 10 centres’ indices remained stationary.

The indices of 36 centres are above All India Index and other 42 centres’ indices are below national average.

The next index of CPI-IW for the month of September, 2015 will be released on Friday, 30th October, 2015. The same will also be available on the office website www.labourbureau.gov.in.


Authoirty: Labour Bureau

e-Filing Income Tax Returns – Date Extended till October 31st

e-Filing Income Tax Returns – Date Extended till October 31st – The tax payers base in the country is just over 4 crore. The government aims to collect Rs 7.98 lakh crore in direct taxes in the current financial year. The department through its portal has electronically verified over 32.95 lakh e-returns.
The government on Thursday extended due date for e-filing of all returns of income & audit reports till October 31, 2015. “Necessary order u/s 119 of the Income-tax Act, 1961 has been issued by CBDT in this regard,​” the release said.
The government said, “The issue of extension of last date for e-filing returns of income and audit reports u/s 44AB due by September 30, 2015 has been the subject matter of litigation in various High Courts across the country. While some High Courts have ruled in favour of the extension of due date, some others have ruled otherwise.  In order to avoid discrimination between taxpayers residing in different jurisdictions and to be fair to all, and also in view of paucity of time to approach the Hon’ble Supreme Court by way of Special Leave Petition (SLP), the Government has decided that across the country, all the returns of income and audit reports may now be filed by 31st October, 2015.”
The tax payers base in the country is just over 4 crore.  The government aims to collect Rs 7.98 lakh crore in direct taxes in the current financial year. The department through its portal has electronically verified over 32.95 lakh e-returns.
The new e-filing system, enabled last month, allows online verification of a person s Income Tax Returns (ITR) by using either Aadhaar number, internet banking, ATM or email, thereby ending the practice of sending paper acknowledgement to its office in Bengaluru.
Source: Businessline

Suspension of Government Employees – Review to be made in 90 days

According to Rule 10(6) and 10(7) of CCS (CC&A) Rules, 1965 suspension of a government servant has to be reviewed within 90 days and action such as extension of the suspension or revoking the suspension of employees has to be taken immediately

CGDA instructs to Review Suspension of Government Servant before expiry of 90 days

Ministry of Defence D(Vigilance)observes that the suspension order has been struck down on the ground that the same had not been reviewed by the reviewing authority before expiry of 90 days. CGDA requests instructs all Defence Departments that suspension of Govt. servants may be reviewed on monthly basis to suspension orders being struck down incourt of law.

Source:  http://www.gconnect.in/