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Bank Strike postponed, but on which assurance from IBA and when ?

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Four days' proposed strike has been deferred (or withdrawn) after much drama. The decision made public only on yesterday but perhaps decided a week earlier. Based on a letter from IBA addressed to Convenor, UFBU dated 13.01.2015, IBA stated that after the managing committee meeting scheduled on 31st January, in which the developments will be discussed and after that next bipartite meeting will be held on first week of February 2015. IBA also expressed it's eagerness to conclude the process within 15th of next month.
As no other assurance came from IBA after this letter dated 13th January 2015, It is widely believed that UFBU called the meeting for face saving on 19th January at Mumbai and only confirmed IBA’s instructions  dated 13.01.2015.
Click here for IBA's letter to Convenor, UFBU, dated 13th Jan'15
(Letter reproduced from Bankingonly.com)
Click here for AIBOC Circular dated 20.01.2015

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INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15

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Indian Military Veterans
INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15
CIRCULAR NO : 17/2014
F.No. 275/192/2014-IT(B)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
******
North Block, New Delhi
Dated 10th December, 2014
SUBJECT: INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15 UNDER SECTION 192 OF THE INCOME TAX ACT, 1961.
*****
Reference is invited to Circular No.08/2013 dated 25.10.2013 whereby the rates of deduction of income-tax from the payment of income under the head “Salaries” under Section 192 of the Income-tax Act, 1961 (hereinafter ‗the Act‘), during the financial year 2013-14, were intimated. The present Circular contains the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” during the financial year 2014-15 and explains certain related provisions of the Act and Income-tax Rules, 1962 (hereinafter the Rules). The relevant Acts, Rules, Forms and Notifications are available at the website of the Income Tax Department- www.incometaxindia.gov.in.
INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2014-15 UNDER SECTION 192 OF THE INCOME TAX ACT, 1961–(70 PAGES) DOWNLOAD HERE

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Closing of Central Government Offices in connection with general elections to the Legislative Assembly of NCT of Delhi, 2015

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Indian Military Veterans

Closing of Central Government Offices in connection with general elections to the Legislative Assembly of NCT of Delhi, 2015: DoPT Order


F.No. 12/7/2014-JCA2
Government of India,
Ministry of Personnel, Public Grievances and Pensions
(Department of Personnel & Training) 
North Block, New Delhi
Dated the 19th January, 2015

OFFICE MEMORANDUM
Subject: Closing of Central Government Offices in connection with general elections to the Legislative Assembly of NCT of Delhi, 2015.

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Allocation of funds for 20% Interim Relief & 100% DA Merger: CTU writes to FM

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Indian Military Veterans


"Proper allocation of funds be made for interim relief of 20% and 100% DA merge with basic pay and allowances including neutralization percentage be paid on merged DA in view of 7th CPC to all Govt. employees. Similarly, 100% DA of PSU employees be also merged with basic pay." - CTU writes to FM

CENTRAL TRADE UNIONS SUBMITS JOINT MEMORANDUM TO FINANCE MINISTER
17th January 2015

The Hon’ble Minister of Finance, Govt. of India,
North Block, New Delhi

Dear Sir,
We thank you for inviting the central trade unions representing the working people in the country in both organized and unorganized sector for this pre-budget consultation.

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MEETINGS CONDUCTED BY 7TH PAY COMMISSION AS ON 14.01.2015

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Indian Military Veterans

Meetings conducted by 7th Pay Commission as on 14.01.2015 – 7CPC conducted 34 meetings at various places and sought suggestions from Central Government Employees, Railway Employees and Defence Personnel Associations

14.01.2015 At Kolkata:
All India Railway Accounts Staff Association, SER Chapter; Technical Assistants’ Association of IIEST; All India Postal Stenographers’ Association; Eastern Railwaymen’s Congress (ERMC); All India Data Processing Officers’ Association; National Institute for the Orthopedically Handicapped Staff Association; Commercial Intelligence Union; Commercial Intelligence and Statistics Employees Association; Employees’ Association, CAT-III, Office of AG, WB; All India Customs Ministerial Officers’ Association; All India Customs Ministerial Employees Federation; National Library Employees Association; East Coast Railway Engineers’ Association; The Company Law Administrative Employees Association; Joint Council of Action of Income Tax Associations, WB.
13.01.2015 At Kolkata:
All India P&T SC/ST Employees’ Welfare Association, WB Postal Circle; All India (Postal) Administrative Offices Employees Union; Postal Engineers’ Association; National Atlas & Thematic Mapping Organization Employees’ Association; IAS Officers’ Association; Indian Forest Service (IFS) Officers’ Association; IPS Officers’ Association; GSI Scientific Officers’ Association (GSISOA); GSI Employees Association; BARC Officers’ Association; All India Postal Administrative Offices’ Association; National Library Staff Association; National Defence Non-Gazetted Staff Association; National Defence Group ‘B’ Gazetted Officers’ Association; OFB Retired Employees’ Association; All India Ordnance Factories Teaching Staff Association; Indian Railway Medical Laboratory Technologists Association; Indian Ordnance Factory Gazetted Officers Association; National Federation of Printing, Stationery and Publication Employees
15.12.2014 At Jodhpur:
Jawahar Navodaya Vidyalaya Samiti; All Staff & Welfare Inspectors of North Western Railway; Retired ICAR Employees Welfare Society (RICAREWES); National Union of Postal Employees (Group-C); All India Train Controllers Association; KVS; All India Ex Para Military Association; Legal Men’s Association (Railways); BRO; Rajasthan Radiographer Association
12.12.2014 At Jodhpur:
Laboratory Technician Union, Rajasthan; Aids Control Employees Infection Diseases Centre; Coordinating Committee Central Government Pensioners Organisation, Rajasthan State; All India Pensioners’ Forum for Retired Officers of Central Ex. Customs & Service Tax Deptt.; Defence Laboratories Employees Union; All India Association of Clerical Employees of Ordnance Factories (AIACEOF); Rashtriya Raksha Ayudh Karamchari Sangh; North West Railway Engineers Association; Association of Railway Nurses of India; Indian Railways Technical Supervisors Association; All India Loco Running Staff Association; Public Prosecutors RPF
23.11.2014 Representatives of Supreme Court of India
19.11.2014 At Hyderabad:
South Central Railways Employees Sangh; SVP NPA Employees’ Association; Nuclear Fuel Complex, IWU, NUFCOSSA and NFCSAA; Rail Mazdoor Union; All India MES Civilian Engineers’ Association; NIMS Paramedicals Employees Union & Society of Indian Radiographers; All India Central Government Deaf Employees; Scientific Workers Association; All India Retired Railmen’s Federation; All India MES Civilian Engineers’ Association (AIMCEA); ISRO Retired Employees’ Forum; Postal Officers Pension Association; Accountant General Office Pensioners Association; Naval Armament Inspectors Organization; National Defence Group “B” Gazetted Officers’ Association (NDGBGOA); Ordnance Factory Mazdoor Sangh; Government Employees National Confederation (GENC); South Central Railway Engineers Association (SCREA)
12.11.2014 At Shimla:
HP State Coordination Committee of Central Govt. Employees and Workers; SAS (Accounts) Association; Central Research Institute Employees’ Association; All India NIC S&T Officers’ Association; All India Postal Administrative Officers’ Employees Union Group “C” and “D” NFPE; All India Association of Inspectors and Assistants Superintendents, Posts; All India Postal Employees Union Group “C”; IAS Officers’ Association
09.11.2014 At Mumbai:
IPS Association, Maharashtra; Assistant Audit Officers’ Association; Competent Authority – SAFEMA/NDPSA; Indian Revenue Service Promotee Officers’ Association; Indian Revenue Service Association, Mumbai; Films pision Cameramen; Indian Naval Armament Service Association; Directorate of Marketing and Inspection Employees’ Association, Forest Survey of India
08.11.2014 At Mumbai:
All India Defence Pharmacist Association; Orthotics and Prosthetics Association of India; All India CGHS Employees’ Association; All India Association of Statistical Investigators; National Railway Mazdoor Union; All India Naval Technical Supervisory Staff Association; Ordnance Factories Group B Gazetted Officers; National Defence Non-Gazetted Staff Association; All India Association of Non-Gazetted Officers; The Naval Employees’ Union, National Defence Group ‘B’ Gazetted Officers Association
07.11.2014 At Mumbai:
ISRO Pensioners’ Association; Directorate of Purchase and Stores Employees’ Association; Atomic Energy Workers and Staff Union; National Federation of Atomic Energy Employees; Atomic Energy Workers and Staff Union; BARC Employees’ Association, Tarapur; All India Association of Inspectors and Assistant Superintendents; All India Savings Bank Control Employees’ Union; All India Central Labour Welfare Organization Staff Association; Central Government Pensioners’ Welfare Association
06.11.2014 At Mumbai:
Central Railway Promotee Officers’ Association; Central Railway Mazdoor Sangh; All India Train Controllers’ Association; Central Railway Engineers’ Association; Bhartiya Pratiraksha Mazdoor Sangh; All India Loco Running Staff Association; Western Railway Motormen’s Association; Indian Railways Radiographers’ Association; All India Loco Inspectors’ Welfare Association; Rashtriya Bhartiya Khani Vibhag Karmchari Sangh; Indian Bureau of Mines Employees’ Association; Central Water and Power Research Station; Indian Forest Service Association, Maharashtra
30.10.2014 S30 Retired Pensioners’ Association; PFRDA
29.10.2014 Director General and Other officers of Defence Estate
13.10.2014 At Leh:
Personnel of Indian Army, Indian Air Force, Defence Institute of High Altitude Research, DRDO, BRO, ITBP, MES, All Ladakh Central Government Employees Association
09.10.2014 At Dehradun:
Non-Gazetted Officers’ Association, LBSNAA; National Institute for the Visually Handicapped Employees’ Union; Ministerial Staff Association, Survey of India; Topographical Staff Association, Survey of India; Class III Service Association, Survey of India; Central Government Library Association; Faculty, Indira Gandhi National Forest Academy; Indira Gandhi National Forest Academy Staff Association; Faculty, Indian Council of Forestry Research and Education
08.10.2014 At Dehradun:
National Defence Medical Laboratory Technical Staff Association; All India Association of Clerical Employees of Ordnance Factories; Employees Union Ordnance Factory, Dehradun; All India Association of Non-Gazetted Officers of Ordnance & Equipment Factories and Quality Assurance Organization; Staff Association, Rashtriya Indian Military College; All India DGQA Engineers Association; Wildlife Institute of India
24.09.2014 Indian Ex-servicemen Movement
23.09.2014 CRPF Officers
22.09.2014 BSF Officers; Forum of retired CAPF officers
17.09.2014 Aviation Research Centre
16.09.2014 RPF Group ‘A’ Officers, IIM Bangalore
15.09.2014 Disabled War Veterans (DISWAVE) Association, DG Bureau of Police Research and Development
26.08.2014 At Bangalore:
IAS Officers’ Association, IPS Officers’ Association, IFS Officers’ Association
25.08.2014 At Bangalore:
IIM Bangalore, ISRO
24.08.2014 At Bangalore:
Army Base Workshop (EME) Diploma Holders Association, Bangalore, Air Force Store Keepers Association, All India NCC Defence Civilian Employees Association, Confederation of Central Government Employees and Workers – Karnataka State, Atomic Energy Employees Federation, All India Central Excise Inspectors Association, The Indian Hospital Pharmacist Association, Indian Railway Loco Runningmen Organisation, South Western Railways Engineers Association, Railway Wheel Factory, South Western Railway Employees Sangh, All India DRDO Personal Staff Association, DoS Pensioners Forum, Central Government Pensioners Association, Indian Institute of Horticulture Research Employees’ Association, NIMHANS, Veterans Association, All India Loco Running Staff Association
21.08.2014 Physiotherapy Forum; Indian Ordnance Factories Group’B’ Gazetted Officers Association
20.08.2014 Commissioner, Kendriya Vidyalaya Sangathan; Commissioner, Navodaya Vidyalaya Sangathan
24.07.2014 Confederation of Central Government Gazetted Officers Association; National Ex-Servicemen Co-ordination Committee; Indian Ex-Services League
23.07.2014 Bharat Central Pensioners Federation; Bharat Pensioners Samaj; Group ‘B’ Indian Information Service Association; Indian Postal Service Officers Association; DANICS Officers Association; Group ‘B’ Indian Ordnance Gazetted Officers Association
22.07.2014 Police Commissioner, Delhi; DG Coast Guard; IOFS Officers Association
21.07.2014 Director, IB; Director, CBI; Director, RAW
19.06.2014 Indian Economic Service Officers Association; Indian Statistical Service Officers Association; IFS Officers Association; DGs of CAPFs (BSF+ITBP+Assam Rifles+Sashastra Seema Suraksha Bal); DGs of CAPFs (CISF+CRPF+NSC)
18.06.2014 IFS Officers Association; PFRDA; Officers of Department of Financial Services, MOF; Officers of Department of Pension & Pensioners Welfare; P&T Finance Accounts Gr.A Officers Association; IRAS Officers Association; Central Health Service Association
17.06.2014 IAS Officers’ Association; Central Engineering Services Officers’ Association (Water+Power+Architecture); Central Engineering Services Officers’ Association (Civil+Electrical+Mechanical+Road Transport+Telecom); Income Tax Officers’ Association; Custom Officers Association; Central Excise Officers Association
16.06.2014 IPS Officers’ Association; Representative of Pay Commission cells of Army, Navy and Airforce; Indian Audit and Accounts Service Association; Cost Accounts Association; Civil Accounts Association; Federation of Railway Officers.

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Illustrations - For Assessment Year 2015-16: Income Tax on Salaries Circular No. 17/2014

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Indian Military Veterans

INCOME TAX ON SALARIES: Circular No. 17/2014

SOME ILLUSTRATIONS
Example 1
For Assessment Year 2015-16

(A) Calculation of Income tax in the case of an employee (Male or Female) below the age of sixty years and having gross salary income of:
i) Rs.2,50,000/- ,
ii) Rs.5,00,000/- ,
iii) Rs.10,00,000/-
iv) Rs.20,00,000/-. and
v) Rs. 1,10,00,000/-

(B) What will be the amount of TDS in case of above employees, if PAN is not submitted by them to their DDOs/Offices: 


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Incomes not included under the Head Salaries (Exemptions) - Income Tax on Salaries Circular 17/2014

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Indian Military Veterans

Incomes not included under the Head Salaries (Exemptions) - Income Tax on Salaries Circular 17/2014

5.3 INCOMES NOT INCLUDED UNDER THE HEAD "SALARIES" (EXEMPTIONS)

Any income falling within any of the following clauses shall not be included in computing the income from salaries for the purpose of section 192 of the Act :-

5.3.1 Leave Travel Concession (LTC): The value of any travel concession or assistance received by or due to an employee from his employer or former employer for himself and his family, in connection with his proceeding (a) on leave to any place in India or (b) after retirement from service, or, after termination of service to any place in India is exempt under Section 10(5) subject, however, to the conditions prescribed in Rule 2B of the Rules.

The following are the important points, to be taken into consideration:

o Number of Trips – The exemption shall be available in respect of 2 journeys performed in the block of 4 calendar years.

• Without performing any journey and incurring expenses thereon, no exemption can be claimed.
• The quantum of exemption will be subject to the following maximum limits for journeys performed on or after 01.10.1997:

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Guidelines for Educational Qualifications and Experience for framing/ amendment of Recruitment Rules

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Indian Military Veterans

Guidelines for Educational Qualifications and Experience for framing/ amendment of Recruitment Rules


No.AB-14017/ 27/2014-Estt.(RR)
Government of India
Ministry of Personnel P.G.& Pensions
Department of Personnel & Training
North Block, New Delhi
Dated: 20.1.2015
OFFICE MEMORANDUM

Subject: - Guidelines for Educational Qualifications and Experience for framing/ amendment of Recruitment Rules.
Department of Personnel & Training vide O.M. No. AB.14017/ 48/ 2010-Estt (RR) dated 3lst December, 2010 have issued Guidelines on framing/ amendment/ relaxation of Recruitment Rules and Service Rules. 

2. Department of Personnel & Training now intends to issue Guidelines on prescribing Educational Qualifications and requisite experience in respect of various posts, Pay Band & Grade Pay/ Pay Scale for appointment by Direct Recruitment or deputation depending upon the nature of functions and duties. These Guidelines may be adopted by the Ministries Departments as guide while framing Recruitment Rules for various posts. A Draft OM to this effect is annexed herewith.

3. Ministries / Departments are, therefore, requested to offer their comments on the proposed O.M. positively by 20.2.2015.
sd/-
(Mukta Goel)
Director (E- 1)


NO.AB-14017/ 27/2014-Estt,(RR)
Government of India
Ministry of Personnel P.G.& Pensions
Department of Personnel & Training
North Block, New Delhi
Dated: . .2015
OFFICE MEMORANDUM
Subject: - Guidelines for Educational Qualifications and Experience for framing/ amendment of Recruitment Rules.
Department of Personnel & Training vide O.M. No. AB.14017 / 48 / 2010-Estt (RR) dated 31at December, 2010 have issued Guidelines on framing/ amendment / relaxation of Recruitment Rules and Service Rules.

2. In continuation to the above, the following Guidelines on prescribing Educational Qualifications and requisite experience in respect of various posts, Pay Band & Grade Pay/ Pay Scale for appointment by Direct Recruitment or deputation depending upon the nature of functions and duties are being issued. These Guidelines may be adopted by the Ministries/ Departments as guide while framing Recruitment Rules for various posts.

Pay Band & Grade Pay/ Pay ScaleEducational QualificationPeriod Experience
Apex ScaleNo specific qualifications or experience is required since these posts are the highest level posts and should be as per the nature of functions & duties of the post/ Services
HAG+
HAGDoctorate or Masters Degree in Engineering/ Technology / Medicine18 years
GP Rs. 10000Master's Degree or Bachelor's Degree is Engineering / Technology/ Medicine15 years
GP Rs.8900Master's Degree or Bachelor's Degree in Engineering / Technology /Medicine12 years
GP Rs.8700Master's Degree or Bachelor's Degree in Engineering / Technology /Medicine10 years
GP Rs.7600Master's Degree or Bachelor's Degree in Engineering / Technology /Medicine10 years
GP Rs.6600Master's Degree or Bachelor's Degree in Engineering / Technology /Medicine7 years
5 years
GP Rs.5400Master's Degree or Bachelor's Degree in Engineering / Technology /Medicine3 years
GP Rs.4800Master's Degree or Bachelor's Degree in Engineering / Technology2 years or Nil
GP Rs.4600(a) Master's Degree equivalent to Engineering or Bachelor's Degree in Engineering/ Technology
(b) Bachelors' Degree/Master's Degree
Nil
3 years / 2 years
GP Rs.4200(a) Master's Degree equivalent to Engineering or Bachelor's Degree in Engineering/ Technology
(b) Bachelors' Degree/Master's Degree
2 years
Nil
Grade Pay Rs.2400 & 2800Bachelors' Degree, OR
12th Pass with Diploma in relevant field
Nil
Grade Pay Rs.1900 & 200012th PassNil
Grade Pay Rs. 1800Matriculation or ITINil

Note : Desirable qualification and the field of experience may be kept as per the requirement of the post. Further, the experience in the relevant field from Government / State Government /other recognized Institutions may be kept as per the nature & duties of the post.

3. The above guidelines may not be applicable in cases where specific Educational Qualifications and experience has been prescribed by Department of Expenditure (e.g. while creating the post etc), orders/ instructions issued by this Department. (viz. Model RRs, FCS guidelines, Notification for Group ‘C’ posts & LDC, etc.) or by other Ministries/ Departments (viz. AICTE/UGC norms under
1 D / 0 Higher Education). Further, these educations qualifications are not exhaustive but illustrative.

4. All the Ministries/ Departments are also advised that while revising/ framing the Recruitment Rules, they may prescribe that possession of IT Skills would be a mandatory requirement at the entry level in respect of all the Direct Recruitment. The level of IT skill may be prescribed keeping in view the duties level and responsibilities attached to the post. For promotion, it may be stipulated that promotions would be made subject to employees successfully completing the prescribed training course. The courses in IT skills would need to be developed keeping in view the functions, responsibility and the level of the post to which the promotions is being made.

(Mukta Goel)
Director (E- 1)

Source: http://ccis.nic.in/WriteReadData/CircularPortal/D2/D02est/AB-14017_27_2014-Estt.RR-20012015.pdf

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CSD PRICE LIST

  • CSD-Price-List-for-Volkswagen-Cars---Post-GST-Rates