UNIONS TO CONDUCT STRIKE BALLOT BY THE 2ND WEEK OF FEB, 2016 IN VIEW OF THE NJCA’S DECISION FOR AN “INDEFINITE STRIKE”

Action programme of NJCA on 26 Point Charter of Demands submitted by NJCA

NJCA

NATIONAL JOINT COUNCIL OF ACTION

No.NJCA/2015                                                                          Dated: December 21, 2015

All the Constituent Organizations &

NJCA Members,

Dear Comrades,

I am confident, by this time you must have studied the 26-point Charter of Demands, submitted by the NJCA to the Cabinet Secretary on 10th December, 2015, circulated vide NJCA’s Circular No.NJCA/2015/7th CPC dated 11thDecember, 2015.

As per decision of the NJCA, the following programmes have to be successfully observed by all your affiliates all over the country.

1. 30.12.2015 Holding demonstrations and hand over copy of the NJCA’s letter dated 10.12.2015 to the Head of the Office for onward transmission to the Cabinet Secretary, demanding for immediate settlement of the issues.
2. 19-21.01.2016 3-day dharna in all the State capitals and industrial centers/ establishments for educating and mobilizing the employees.

In view of the NJCA’s decision for an “Indefinite Strike”, on the above cited 26-point Charter of Demands, commencing in the 1st week of March, it will be essential that, AIRF, NFIR, AIDEF, INDWF and Confederation of the Central Government employees should conduct strike ballot. It will be quite appropriate that strike ballot is taken by the 2nd week of February, 2016.

The NJCA will meet and decide about the date of issue of the Strike Notice and also about the date of commencement of the Indefinite Strike. In the meantime, all out efforts may be made to build up pressure on the government, so that a negotiated settlement can be reached on our demands.

I shall keep you informed about the further developments.

With fraternal greetings & best wishes for a Happy & Prosperous New Year! 

MINIMUM PENSION FIXED FOR RETIRED CENTRAL GOVERNMENT EMPLOYEES

The minimum pension fixed for retired Central Government employees is Rs. 3,500/- per month with effect from 01.01.2006. For pensioners, including those retired from public sector corporations and other establishments, to whom the Employees’ Pension Scheme (EPS), 1995 framed under the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952 applies, provision of a minimum pension of Rs. 1,000/- per month has made with effect from 01.09.2014.

The Sixth Central Pay Commission had recommended pension of Rs. 3,330/- per month in respect of employees retired from the Central Government. The minimum pension of Rs. 1,000/- per month under the EPS, 1995 implemented by the Central Government was one of the recommendations of the Expert Committee constituted by the Government. Apart from this, the Committee on Petitions of the Rajya Sabha under the chairmanship of Shri Bhagat Singh Koshiyari in its 147th Report had recommended to increase Government share of contribution under EPS, 1995 from 1.16 per cent to 8.33 per cent to support the minimum pension level of Rs. 3000/- per month. However, it was not found feasible for implementation.

However, representations, grievances and complaints have been received from various quarters that the monthly pension to pensioners under EPS, 1995 have not increased to Rs. 1,000/- per month even after the notification in respect of pensioners who had taken short service pension, commutations or return of capital. Some grievances also relate to the fact that pension has not increased for those drawing more than Rs. 1,000/- per month.

Consequent upon implementation of the minimum pension to pensioners under EPS, 1995 vide notification number GSR 593(E) dated 19.08.2014, the pension of all member/widow(er)/disabled/ nominee/dependent parent pensioners whose original pension was less than Rs. 1,000/- per month had been fixed at the minimum of Rs. 1,000/- per month. In cases where members had preferred option for Commutation, Return of Capital and Short Service Pension and have already availed these benefits as per choice exercised by them at the time of making pension claim, the deductions on account of these options would continue to apply on the minimum pension of Rs. 1,000/- per month that has now been fixed. In such cases, the pension amount would be less than Rs. 1,000/- per month even after implementation of the said notification.

This information was given by Shri Bandaru Dattatreya, Minister of State (IC) for Ministry Labour and Employment, in reply to a question in Lok Sabha.

Source: PIB News

Installation of ATMs at Identified Post offices - Operational Hand Book on ATM

It  has been intimated by Postal Directorate that the concerned stake holders are actively working to complete the ATM installation process as per the DoP schedule but most of the ATM locations are not aware of the instructions relating to ATM implementation process and interim cash management process. Some of the locations are not providing the ATM fit currency notes to the AGS vendor for loading into the ATM machines for enabling the cash live. This is resulting in undue delay in completion of the ATMs rollout.  

  

           To make the all concerned aware of the ATM Implementation process, Directorate has ordered to   circulate the hand book  to all the P.Os where ATM are going to be installed.

PL CLICK HERE TO VIEW

LIST OF HOLIDAYS FOR THE YEAR 2016 AND LIST OF RESTRICTED HOLIDAYS FOR ALL CENTRAL GOVT. OFFICES IN TAMILNADU

Rules regarding quoting of PAN for specified transactions amended by Ministry of Finance

Press Information Bureau
Government of India
Ministry of Finance

15-December-2015 19:59 IST

Rules regarding quoting of PAN for specified transactions amended

The Government is committed to curbing the circulation of black money and widening of tax base. To collect information of certain types of transactions from third parties in a non-intrusive manner, the Income-tax Rules require quoting of Permanent Account Number (PAN) where the transactions exceed a specified limit. Persons who do not hold PAN are required to fill a form and furnish any one of the specified documents to establish their identity.

             One of the recommendations of the Special Investigation Team (SIT) on Black Money was that quoting of PAN should be made mandatory for all sales and purchases of goods and services where the payment exceeds Rs.1 lakh. Accepting this recommendation, the Finance Minister made an announcement to this effect in his Budget Speech. The Government has since received numerous representations from various quarters regarding the burden of compliance this proposal would entail. Considering the representations, it has been decided that quoting of PAN will be required for transactions of an amount exceeding Rs.2 lakh regardless of the mode of payment.

            To bring a balance between burden of compliance on legitimate transactions and the need to capture information relating to transactions of higher value, the Government has also enhanced the monetary limits of certain transactions which require quoting of PAN. The monetary limits have now been raised to Rs. 10 lakh from Rs. 5 lakh for sale or purchase of immovable property, to Rs.50,000 from Rs. 25,000 in the case of hotel or restaurant bills paid at any one time, and to Rs. 1 lakh from Rs. 50,000 for purchase or sale of shares of an unlisted company. In keeping with the Government’s thrust on financial inclusion, opening of a no-frills bank account such as a Jan Dhan Account will not require PAN.  Other than that, the requirement of PAN applies to opening of all bank accounts including in co-operative banks.

    The changes to the Rules will take effect from 1^st January, 2016.

The above changes in the rules are expected to be useful in widening the tax net by non-intrusive methods. They are also expected to help in curbing black money and move towards a cashless economy.

A chart highlighting the key changes to Rule 114B of the Income-tax Act is attached.

Sl.	NATURE OF TRANSACTION	MANDATORY QUOTING OF PAN (RULE 114B)
		Existing requirement	New requirement
1.	Immovable property	Sale/ purchase valued at Rs.5  lakh or more	i.       Sale/ purchase exceeding Rs.10 lakh; ii.     Properties valued by Stamp Valuation authority at amount exceeding Rs.10 lakh will also need PAN.
2	Motor vehicle (other than two wheeler)	All sales/purchases	No change
3.	Time deposit	Time deposit exceeding Rs.50,000/- with a banking company	i.      Deposits with Co-op banks, Post Office, Nidhi, NBFC companies will also need PAN; ii.    Deposits aggregating to more than Rs.5 lakh   during the year will also need PAN
4.	Deposit with Post Office Savings Bank	Exceeding Rs.50,000/-	Discontinued
5.	Sale or purchase of securities	Contract for sale/purchase of a value exceeding Rs.1 lakh	No change
6.	Opening an account (other than time deposit) with a banking company.	All new accounts.	i. Basic Savings Bank Deposit Account excluded (no PAN requirement for opening these accounts); ii. Co-operative banks also to comply
7.	Installation of telephone/ cellphone connections	All instances	Discontinued
8.	Hotel/restaurant bill(s)	Exceeding Rs.25,000/- at any one time (by any mode of payment)	Cash payment exceeding Rs.50,000/-.
9.	Cash purchase of bank drafts/ pay orders/ banker's cheques	Amount aggregating to Rs.50,000/- or more during any one day	Exceeding Rs.50,000/- on any one day.
10.	Cash deposit with banking company	Cash aggregating to Rs.50,000/- or more during any one day	Cash deposit exceeding Rs.50,000/- in a day.
11.	Foreign travel	Cash payment in connection with foreign travel  of an amount exceeding Rs.25,000/- at any one time (including fare, payment to travel agent, purchase of forex)	Cash payment in connection with foreign travel or purchase of foreign currency of an amount exceeding Rs.50,000/- at any one time (including fare, payment to travel agent)
12.	Credit card	Application to banking company/ any other company/institution for credit card	No change. Co-operative banks also to comply.
13.	Mutual fund units	Payment of Rs.50,000/- or more for purchase	Payment exceeding Rs.50,000/- for purchase.
14.	Shares of company	Payment of Rs.50,000/-  or more to a company for acquiring its shares	i.      Opening a demat account; ii.    Purchase or sale of shares of an unlisted company for an amount exceeding Rs.1 lakh per transaction.
15.	Debentures/ bonds	Payment of Rs.50,000/- or more to a company/ institution for acquiring its debentures/ bonds	Payment exceeding Rs.50,000/-.
16.	RBI bonds	Payment of Rs.50,000/-or more to RBI for acquiring its bonds	Payment exceeding Rs.50,000/-.
17.	Life insurance premium	Payment of Rs.50,000/- or more in a year as premium  to an insurer	Payment exceeding Rs.50,000/- in a year.
18.	Purchase of jewellery/bullion	Payment of Rs.5 lakh or more at any one time or against a bill	Deleted and merged with next item in this table
19.	Purchases or sales of goods or services	No requirement	Purchase/ sale of any goods or services exceeding Rs.2 lakh per transaction.
20.	Cash cards/ prepaid instruments issued under Payment & Settlement Act	No requirement	Cash payment aggregating to more than Rs.50,000 in a year.

*********

REVISION OF CYCLE MAINTENANCE ALLOWANCE OF GDS MC/ GDS MD W.E.F. 01.01.2014- ORDER ISSUED BY DEPARTMENT

SUPPLEMENTARY RESULTS - REVIEW OF FAILED SC/ST CANDIDATES OF LGO EXAM TO P.A. CADRE HELD ON 23.11.2014 RELEASED

INDEFINITE STRIKE FROM 1st WEEK OF MARCH 2016 – SECRETARY, JCM (NC) STAFF SIDE WRITES TO GOVERNMENT

PL CLICK HERE TO VIEW THE CHARTER OF  DEMANDS

PFRDA News : Mandatory Processing of Online withdrawal request

CLICK HERE TO VIEW THE DETAILED CIRCULAR

PFRDA - CLARIFICATION OF DEFERRED WITHDRAWAL OF LUMP SUM