Friday, December 14, 2018

JUDGEMENT ON WRIT PETITION - important Parliament reply


Central Civil Services- Revised (Pay) Rules, 2016 - Opportunity for revision of Option to come over to revised pay structure ..




Uploading of orders / circulars on India Post website ..

NPS Convention of NGO's Association in Portblair

 

No. 3-12/CC/2018                                                                           09.12.2018
NEWS ITEM
At the call of Confederation of Central Govt. Employees & Workers, New Delhi, the Non-Gazetted Govt. Officers’ Association, A & N Islands had organised a Convention of the employees covered under New Pension Scheme at Andhra Association Hall, Port Blair on 8th December, 2018. Inaugurating the Convention, Shri K.G.Das, former General Secretary of the Association expressed concern over the future of employees joined the service on or after 01.01.2004 as they are denied various social security measures inherent in Old Defined Pension Scheme. He also called upon the young generation among Govt. Employees to strengthen their movement against the New Pension System.

In his address, Shri T.S.Sreekumar, General Secretary of the Association emphasised the importance of ongoing agitation at National Level as the Central Govt. is not even ready to give an assurance on minimum pension, leaving the employees at the mercy of the volatile markets for pension after retirement. Speaking on the occasion. Shri P.Sathyapal, President of the Association said that Central and State Govt. employees have planned a nation-wide strike on 8th & 9th January, 2019 and the main demand is ‘Scrapping of NPS and Restore Old Pension Scheme’. Shri S.L.Vinjit moved a resolution in the meeting urging the Govt. of India to Scrap NPS. The meeting also resolved to further strengthen the campaign and struggles against the NPS.

            Earlier a Power Point presentation was screened in the meeting which analysed various Pros & Cons of NPS. Various doubts and queries by the participants were also cleared by the experts.

            A large number of NPS employees working in various Departments under A & N Administration participated in the Convention. The meeting concluded with the Vote of thanks proposed by Shri R.K.Nag.
-----------------
Copy forwarded:
1.      The News Editor, AIR, Port Blair, for inclusion in the local news bulletin.   
2.      The Chief Editor, The Daily Telegrams, Port Blair, for coverage please.   
3.      The Station Director, Doordarshan Kendra, Port Blair, for inclusion in the local news bulletin.
4.      The Editor, Andaman Express, Port  Blair, for coverage 
5.      The Editor, The Aspect, Port Blair, for coverage please.
6.      The Editor, Andaman Sheekha, for coverage please.
7.      The Editor, The Echo of India, for coverage please.
8.      The Editor, Andaman Chronicle, for coverage please. 
9.      The Editor, The Phoenix Post, for coverage please.


(T.S.Sreekumar)
  General Secretary
 Cell: 9434286308


Thursday, December 13, 2018

TDS DEDUCTION UNDER SECTION 194A OF THE INCOME-TAX ACT, 1961 IN CASE OF SENIOR CITIZENS - REG

F. No. Pr. DGIT(S)/CPC(TDS)/Notification/2018-19   Notification No. 06/2018


                                             Directorate of Income-tax (Systems
Government of India 
Ministry of Finance
Central Board of Direct Taxes
New Delhi

Notification No. 06 /2018 
New Delhi, 06th December, 2018

Subject: - TDS deduction under section 194A of the Income-tax Act, 1961 in case of Senior Citizens - reg.-
It has been brought to the notice of CBDT that in case of Senior Citizens, some TDS deductors/Banks are making TDS deductions even when the amount of income does not exceed fifty thousand rupees. The same is not in accordance with the law as the Income-tax Act provides that no tax deduction at source under section 194A shall be made in the case of Senior Citizens where the amount of such income or, the aggregate of the amounts of such income credited or paid during the financial year does not exceed fifty thousand rupees. (Please refer to the third proviso to sub-section 3 of section 194A)

2. Under sub-rule (5) of Rule 31A of the Income-tax Rules, 1962, the Director General of Income-tax (Systems) is authorized to specify the procedures, formats and standards for the purposes of furnishing and verification of the statements or claim for refund in Form 26B and shall be responsible for the day-to-day administration in relation to furnishing and verification of the statements or claim for refund in Form 26B in the manner so specified.

3. In exercise of the powers delegated by the Central Board of Direct Taxes (Board) under sub-rule (5) of Rule 31A of the Income-tax Rules, 1962, the Principal Director General of Income-tax (Systems) hereby clarifies that no tax deduction at source under section 194A shall be made in the case of Senior Citizens where the amount of such income or, the aggregate of the amounts of such income credited or paid during the financial year does not exceed fifty thousand rupees.
Sd/-
(Dewangi Marthak)
Asstt. Commissioner of Income-tax(CPC-TDS)
O/o the Pr. Director of Income-tax (Systems)
New Delhi
Copy for kind information to:-
  1. PPS to the Chairman and all Members, CBDT, North Block, New Delhi.
  2. All Pr. Chief Commissioners/Pr. Director Generals of Income-tax/Chief Commissioners of Income-tax/Pr. Commissioners of Income-tax/Commissioners of Income­ tax/Commissioners of Income-tax {TDS) with a request to circulate amongst all officers in their regions/charges.
  3. JS (TPL)-1 & II I Media Coordinator and Official spokesperson of CBDT.
  4. ADG(IT) I ADG(Audit) I ADG{Vig.) I ADG(Systems) 1, 2, 3, 4,5 I ADG(TPS) - 1, 2 I CIT{CPC ITR) / CIT (CPC-TDS).
  5. ADG {PR, PP & OL).
  6. Chief General Manager-In-Charge, Department of Government and Bank Accounts, Reserve Bank of India, Opp. Mumbai Central Railway Station, Mumbai 400 008 with request for wide circulation among Banks and necessary complaince.
  7. TPL,ITA and IT(B) divisions of CBDT.
  8. The Institution ofChartered Accountants of India, l.P. Estate, New Delhi.
  9. The Web-Manager, 'incometaxindia.gov.in' for hosting on the website.
  10. Database cell for uploading on www.irsoffi cersonli ne.gov.in and in DGIT(Systems) corner.
  11. ITBA publisher for uploading in ITBA portal.
  12. ITO {CPC-TDS)-11 for uploading on TRACES portal. 
Sd/-
Asstt. Commissioner of Income-tax (CPC-TDS), 
O/o the Pr. Director General of Income-tax (Systems),
New Delhi




Tuesday, December 11, 2018

OBSERVE 2018 DECEMBER 12 as “ SCRAP NPS & RESTORE OPS” DEMANDS DAY


CAMPAIGN PROGRAMME OF NATIONAL SECRETARIAT MEMBERS & OFFICE BEARERS OF AFFILIATES OF CONFEDERATION

CONFEDERATION OF CENTRAL GOVT EMPLOYEES & WORKERS
Central Head Quarters
1st Floor, North Avenue PO Bldg., New Delhi – 110 001
Dated 10-12-2018
2019 JANUARY 8th & 9th TWO DAYS ALL INDIA STRIKE
CAMPAIGN PROGRAMME OF NATIONAL SECRETARIAT MEMBERS &
OFFICE BEARERS OF AFFILIATES OF CONFEDERATION
Sl.No.
States
Place
Date
Leaders attending

1
Andhra Pradesh
Vijayawada
02-01-2019
P. Suresh
Venkatesan
Nageswararao
Usha Bonepalli
P.Pandurangarao

2
Assam
Guwahati
02-01-2019
Tapas Bose
Arup Chatterjee
Subir Kr. Mazumbar

3
Bihar
Patna
02-01-2019
Giriraj Singh
Pijush Roy
Shantan Bhattacharjee

4
Chhattisgarh
Raipur
02-01-2019
D.B.Mohanty
Ashok Kumar Kanojia

5
Delhi
All important centres
in Delhi State
Dates & places to be decided by C-o-C Delhi
President & all other available National Secretariat Members


6
Gujrat
Ahmedabad
01-01-2019
R.N.Parashar
Ashok Kumar Kanojia

7
Haryana
Ambala
28-12-2018
K.K.N.Kutty
Giriraj Singh

8
Himachal Pradesh
Shimla
04-01-2019
Vrigu Bhattacharjee
Virendra Sharma

9
Jammu &Kashmir
Jammu 
28-12-2018
K.K.Sharma
Rajkumar
K.P.Singh

10
Jharkhand
Ranchi
01-01-2019
Giriraj singh
Shantanu Bhattacharjee
Janardhan Majumbar

11
Karnataka
Bangalore
03-01-2019
Venkatesan
M.Krishnan
P.S.Prasad
R.Seethalakshmi

12
Kerala
Trivendrum
02-01-2019
M.Krishnan
U.Sreekumar
Gopalakrishnan Nair

13
Maharashtra
Mumbai
21-12-2018
K.K.N.Kutty
Vrigu Bhattacharjee
Ravi Nair
R.P.Singh
K.V.Jayaraj
P.M.Worlikar
Nilesh D. Nasare

14
Madhya Pradesh
Bhopal
28-12-2018
R.N.Parashar
T.K.R.Pillai
Yaswanth Purohit
Gurprit Singh

15
North East
Shillong &Itanagar
03-01-2019
04-01-2019

M.Krishna (29-11-2018)
Arup Chattarjee
Ramani Bhattacharjee

16
Odisha
Bhubaneshwar
04-01-2019
Janardhan Majumdar

17
Punjab
Chandigarh
01-01-2019
Virendra Tiwari
Balwinder Singh

18
Rajasthan
Jaipur
04-01-2019
Giriraj singh
Balwinder singh

19
Tamilnadu
Chennai
Coimbatore
04-01-2019
M.Krishnan
Jayakumar(NFAEE)
J.Ramamurthy
Durai Pandyan
R.B.Suresh
Balasundaram
S.Santosh Kumar
Mani Achari

20
Uttar Pradesh
Lucknow
04-01-2019
R.N.Parashar
J.P.Singh
Virendra Tiwari
S.B.Yadav
Subash Chandra Pandey

21
Uttarakhand
Dehradun
01-01-2019
Vrigu Bhattacharjee
S.B.Yadav

22
West Bengal
Kolkata
14-12-2018 to 16-12-2018 State Conference of C-O-C
Vrigu Bhattacharjee
Pijush Roy
Arup Chatarjee
Tapas Bose
Bibhas Dey
Rupak Sarkar

23
Telangana
Hyderabad
04-01-2019
T.Narasimhan
Venkateshan
P.Suresh
Nageswararao
Usha Bonepalli

To
 
1)All National Secretariat Members
2)All Affiliated Organizations
3)General Secretaries of all C-o-Cs

Dear Comrades,

1.Please see the above campaign programme. This is in addition to the campaign programme of all affiliated organizations and C-o-Cs. All C-o-Cs are requested to take necessary action to arrange the meetings with maximum participation of employees. All affiliated organizations should give instructions to their local units to ensure maximum participation of their members in the meeting. Leaders allotted to each place should also contact each other and the C-o-Cs concerned.

2.In addition to the above, separate intensive campaign programmes should be conducted by each affiliated organization and C-o-Cs. This is most important.

3.All affiliated organizations should serve separate strike notice to their departmental heads on or before 23-12-2018 without fail.

4.Copy of the strike notice served by Confederation Central Head Quarters to Cabinet Secretary is published in the website along with the 10 point charter of demands.

Yours fraternally,

M.Krishnan
Secretary General
Confederation
Mob&Whatsapp: 09447068125
e-mail: mkrishnan6854@gmail.com

..


Streamlining of National Pension System (NPS) - PIB

Streamlining of National Pension System (NPS) 
 Decision

The Union Cabinet in its Meeting on 6th December, 2018 has approved the following proposal for streamlining the National Pension System (NPS).

·         Enhancement of the mandatory contribution by the Central Government for its employees covered under NPS Tier-I from the existing 10% to 14%.
·         Providing freedom of choice for selection of Pension Funds and pattern of investment to central government employees.
·         Payment of compensation for non-deposit or delayed deposit of NPS contributions during 2004-2012.
·         Tax exemption limit for lump sum withdrawal on exit has been enhanced to 60%. With this, the entire withdrawal will now be exempt from income tax. (At present, 40% of the total accumulated corpus utilized for purchase of annuity is already tax exempted. Out of 60% of the accumulated corpus withdrawn by the NPS subscriber at the time of retirement, 40% is tax exempt and balance 20% is taxable.)
·         Contribution by the Government employees under Tier-II of NPS will now be covered under Section 80 C for deduction up to Rs. 1.50 lakh for the purpose of income tax at par with the other schemes such as General Provident Fund, Contributory Provident Fund, Employees Provident Fund and Public Provident Fund provided that there is a lock-in period of 3 years.

Background

The new entrants to the central government service on or after 01.01.2004 are covered under the National Pension System (NPS). The Seventh Pay Commission (7th CPC), during its deliberations, examined certain concerns regarding NPS and made recommendations in the year 2015. The 7th CPC recommended for setting up of a Committee of Secretaries in this regard. Accordingly, a Committee of Secretaries was constituted by the Government to suggest measures for streamlining the implementation of NPS in the year 2016. The Committee submitted its report in the year 2018. Accordingly, based on the recommendations of the Committee, draft Cabinet Note was placed before the Cabinet for its approval.

Implementation strategy and targets

The proposed changes to NPS would be made applicable immediately once time critical decisions are taken in consultation with the other concerned Ministries / Departments.

Major impact

·         Increase in the eventual accumulated corpus of all central government employees covered under NPS.
·         Greater pension payouts after retirement without any additional burden on the employee.
·         Freedom of choice for selection of Pension Funds and investment pattern to central government employees.
·         Benefit to approximately 18 lakh central government employees covered under NPS.
·         Augmenting old-age security in a time of rising life expectancy.
·         By making NPS more attractive, government will be facilitated in attracting and retaining the best talent.

Expenditure involved

The impact on the exchequer on this account is estimated to be to the tune of around Rs. 2840 crores for the financial year 2019-20, and will be in the nature of a recurring expenditure. The financial implications on account of provisions regarding payment of compensation for non-deposit or delayed deposit of NPS contributions during 2004-2012, would be in addition to the amount indicated above.

No. of beneficiaries

Approximately 18 lakh central government employees covered under NPS would be benefitted from the streamlining of the National Pension System.

States/districts covered

Pan India.

Details and progress of scheme if already running

Presently, the new entrants to the central government service on or after 01.01.2004 are covered under the NPS. NPS is being implemented and regulated by Pension Fund Regulatory and Development Authority in the country.


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 DSM/RM/KA