ALL VETERANS ARE REQUESTED TO SEE THE WEB SITE & GIVE YOUR VALUABLE COMMENTS/SUGGESTIONS

Revision of pension in r/o pre-2006 JCOs/ORs pensioners/Family pensioners: Clarification vide PCDA Circular 549

, by indianmilitaryveterans

Revision of pension in r/o pre-2006 JCOs/ORs pensioners/Family pensioners: Clarification vide PCDA Circularly 549

Indian Military Veterans

0 comments:

Post a Comment

Rational Tax Rate for Individuals & Lower Corporate tax in 4 Years – Jaitley

, by indianmilitaryveterans

Indian Military Veterans

Rational Tax Rate for Individuals & Lower Corporate tax in 4 Years – In addition to this, Mr Jaitley said the government has already announced in the Budget that it is seriously looking at some category of transactions making PAN card compulsory over a particular threshold limit.

Finance Minister Arun Jaitley has promised a rational tax rate for individuals and lowering of corporate tax to 25 per cent flat in four years beginning next fiscal year along with removal of exemptions except those that encourage individual savings.
Addressing students and faculty at the Columbia University here on Monday night, he said that along with a rational rate of taxation, more banking transactions and making PAN card compulsory for payments over a threshold limit will go a long way in tackling the problem of domestic black money.
He also said that once the corporate taxes go down, the exemptions will have to be phased out. The Finance Minister said the world needs “additional shoulders” other than China to push growth and this presents an opportunity for India.
He outlined the roadmap of the government for the coming months, saying the Goods and Services Tax (GST) will be a “top priority” and hoped to take the Bankruptcy Code to Parliament in the winter session.
Referring to the problem of black money, the Finance Minister said, “The first step is you rationalise your rates and have rational rate of taxation which helps you in making sure that people comply.”
“The second factor is that the nature of the economy is itself changing so more and more banking transactions, payment getaways are a reality, all this is going to incentivize and a lot of economy is going to go through the banking transaction as a result of this.”
In addition to this, Mr Jaitley said the government has already announced in the Budget that it is seriously looking at some category of transactions making PAN card compulsory over a particular threshold limit.
“As far as corporate taxes are concerned, once corporate tax rates go down the exemptions will have to bephased out,” he said.
“These are those corporate exemptions which people get… Bulk of the litigation and discretion is around those exemptions,” he added.
He is also looking to put most of the exemptions, except those which encourage individual savings, to an end. Starting with 2016-17 year, the corporate tax rate will be brought down to a 25 per cent flat corporate tax.
“Over the next four years this entire rate would come down to 25 per cent. And I will be removing each one of those exemptions one by one. I am shortly going to notify all the exemptions which are going to be rationalised this very year itself,” he said.
Mr Jaitley said that one of the main problems is of credibility related to taxation issues. “As far as the taxation issues are concerned, a lot needed to be done at our end and therefore in terms of direct taxes, we’d lost credibility with the world,” he said.
Aggressive taxation did the country no good and does not bring taxes but it “brought us a bad name”, he said. “For anyone in the government, it would be a very serious challenge where assessment orders have been passed can only be set aside by a judicial process and not by an executive decision,” he said, adding that to resolve each one of these issues has been one of his toughest challenges.
He, however, expressed satisfaction that one by one each of those issues related to direct taxes is now being put to rest. Mr Jaitley said the government is “keeping all options open” to resolve the taxation issues either by judicial or executive process. “I think the fears of retroactive taxation… by and large have been put to rest,” he said.
He reiterated that India has now reached a situation where it is no longer satisfied with a 6 to 8 per cent growth rate and most Indians believe that “my normal is eight plus (growth rate), probably closer to nine per cent” and higher. “I see nothing wrong in the pressures being built on the decision makers that the faster you move the better it is for the government,” he said, adding that being placed in such a situation is an opportunity for India.
“One of the great shoulders the world was relying on (was) China. The world now needs some other additional shoulders to give a push to the growth rates. “It is a great opportunity and if we continue to move in the direction in which we are, I see over the next few years with a more friendly environment in the world as far as the economic scenario is concerned, probably our growth rates will move up, our ability to grow will move up and our ability to fight poverty at least will also improve,” he said.
Noting that India grew by about 7.3 per cent last year, Mr Jaitley said that according to internal estimates, this year “we could do a shade better than that”.
“I see nothing wrong in the pressures being built on the decision makers that the faster you move the better it is for the government,” he said, adding that being placed in such a situation is an opportunity for India.

0 comments:

Post a Comment

7th Pay Commission decoded: Know all about salary increment; past pay commissions

, by indianmilitaryveterans

Indian Military Veterans


Seventh Pay Commission is ready with its recommendations and it will soon submit its report to Finance Ministry. The recommendations are to be implemented from January 1, 2016.
The Central Government employees must be curious to know what all are in the store for them in the seventh pay commission’s recommendations.
Seventh Pay Commission
  • It was formed by previous UPA Government. The commission, headed by Justice A K Mathur was formed in February 2014.
  • The other members of the commission are Vivek Rae, a retired IAS officer of 1978
  • batch, and Rathin Roy, an economist. Meena Agarwal is  Secretary of the Commission.
  • The  committee’s recommendations are scheduled to take effect from 1 January, 2016.
  •  The government constitutes the Pay Commission almost every 10 years to revise the pay scale of its employees and often these are adopted by states after some modifications.
  • Nearly 48 lakh central government employees and 55 lakh pensioners will be befitted by the pay commission.
 Salary Increment:
  •  Reportedly, there could be a substantial increment in the current salary of the employees (around 30-40 per cent).
  • It has been proposed that the salary of the Government employees should be increased every year on July 1.
Major Recommendations
  • According to Dainik Bhaskar exclusive report, IPS, IAS and IRS rank officers’ pay band will be made equal. Currently IPS, IRS officers get less salary than IAS.
  • It has been proposed that existing 32 pay-bands should be decreased to 13.
  • For Pay band-1, the minimum salary will be 21, 200.
  •  The Cabinet secretary will get minimum 2 lakh salary.
  •  There could be an education allowance to employees whose offspring are in the school.
  • In last pay commission (6th), the minimum basic salary was increased to Rs 6660 from Rs 2550.
  •   Experts are having views that employees of lower rank will be benefited the most from the seventh pay commission.
   Financial Burden:
  •  Seventh pay commission will definitely bring a toll on the exchequer.
  • The reason being Government has to manage OROP’s expenditures too.
  •  Experts say that Central government’s salary bill will rise by 9.56% to Rs 1,00,619 crore after Seventh pay commission will come into effect.
  •  According to Mint report, as a result of the recommendations of the Sixth Pay Commission, pay and allowances of Union government employees became more than doubled between 2007-08 and 2011-1-from Rs.74,647 crore to Rs.166,792 crore.
   Past pay commissions and the minimum basic salary:
  •  First pay commission came in year 1946 and the basic salary at that time was decided to be of Rs. 35.
  •  Second pay commission came in year 1959 and basic salary was of Rs. 80.
  •  In 1973, third pay commission came into effect which decided the basic salary of Rs. 185.
  •  Fourth pay commission came in year 1986 which recommend basic salary of Rs. 750.
  •  In year 1996, fifth pay commission came, recommending basic salary of Rs. 2550.
  •  Sixth pay commission came into effect in year 2006. UPA Government at that time, fixed minimum basic salary of Rs. 6660.

0 comments:

Post a Comment

7th Pay Commission will be mindful of fiscal concerns: FinMin

, by indianmilitaryveterans

Indian Military Veterans


n7th Pay Commission will be mindful of fiscal concerns: FinMi
New Delhi: Finance Ministry today said the Seventh Pay Commission will be mindful of the fiscal concerns of the government while giving its report on new pay scales and remunerations for central government employees and pensioners.
Finance Secretary Ratan Watal
The Commission, headed by Justice A K Mathur, has been given time up to December 2015 to submit its report on revising emoluments of nearly 50 lakh central government employees and 55 lakh pensioners.
“We have communicated our concerns with regard to sustainability of public expenditure to Pay Commission. I am sure the members and chairman of the commission are aware of and will be sensitive to our concerns,” Finance Secretary Ratan Watal told reporters here.
The Commission has time till December to submit its report, he said, adding thereafter it would be scrutinised by a secretariat to be set up in the Finance Ministry.
Watal said although the recommendations would be implemented from January 1, 2016, the burden on the exchequer would not be much in the current financial year.
However, he added, it would have implications in next fiscal.
The Commission, headed by Justice A K Mathur, was appointed by the previous UPA government in February 2014 for 18 months. Its terms was extended in August 2015 by four months till December 31, 2015.
The government constitutes the Pay Commission almost every 10 years to revise the pay scale of its employees and often these are adopted by states after some modifications.
As part of the exercise, the Commission holds discussions with various stakeholders, including organisations, federations, groups representing civil employees as well as Defence services.
PTI

0 comments:

Post a Comment

Kleptocratic India : The enemy within - By MG Devasahayam

, by indianmilitaryveterans

Indian Military Veterans

Kleptocracy, alternatively cleptocracy or kleptarchy, ("rule by thieves") is a form of political and government corruption where the government exists to increase the personal wealth and political power of its officials and the ruling class at the expense of the wider population, often with pretence of honest service. This type of government corruption is often achieved by the embezzlement of state funds.


The existence of an octopus-like MAFIA in the financial arena is no secret. That it has gone to kleptocratic extremes has been vividly brought out in the gfiles cover story of September (Loot in name of the farmer). The ‘embedded bureaucrats’ listed in the write-up have been conspiring to sell ‘bloated air’ to fleece the farmers and small investors of their flesh and bones. It is extremely distressing to see that some of the names, including of senior civil servants, are well known and even well regarded. Is it conceivable that they were so overtaken by love of Mammon so as to fall easy prey to a small-time stock trader? Is it because this conniving carpetbagger “deals with tons of money every day by dominating all of India’s assets: equities, currency, commodities, derivatives, power and precious metal and the forex trade,” makes billions in the process and throws some crumbs at these worthies?

Why have governance standards in India, with one of the finest civil service structures in the world, descended to such deplorable depths? We need to seek the answer by going back four decades. Being from the pre-Emergency vintage of the IAS, I was the District Magistrate of Chandigarh, joint capital of Punjab and Haryana, before, during and after the Emergency. Both these States enforced Emergency rules with rigour and ruthlessness. Therefore, I have grass
​ ​
roots knowledge of what happened during that period.

As the custodian-in-jail of Loknayak Jayaprakash Narayan (JP), the ‘enemy-number-one-of the- State’, who was arrested by the District Magistrate, Delhi, and sent to me for safe custody, I dealt with the Delhi Administration, Union Home Ministry and the Prime Minister’s Secretariat (PMS), and therefore, had a macro-level view of the functioning of Delhi’s ‘power centres’. The collapse of democratic governance and its institutions that we witness. Tragically, several AIS officers have willingly entered into this kleptocratic pact in return for plum ‘commercial’ postings during service, coveted ‘independent directorships’ and an ever-multiplying government sinecure after retirement!

Today had its origin during that period, starting with the breakdown of the elite All-India Services (AIS). The strategy adopted by the rulers then was akin to the ‘Trojan Horse’ described by Homer in his legendary epic, Odyssey. It is a tale of deceit and subterfuge that the Greeks used to enter the city of Troy and end the conflict, which they could not win otherwise. For centuries and generations, this episode is remembered as the epitome of ‘betrayal of trust’!

A similar thing happened to India’s democratic governance during the Emergency. The Indian version of the Trojan Horse was set in motion on the fateful night of June 25-26, 1975, as top leaders of the opposition, including JP, Morarji Desai and AB Vajpayee, were triumphantly returning from the massive rally at the Ramlila Grounds, Delhi, after sounding the ultimatum to Prime Minister Indira Gandhi, indicted for electoral corruption by the Allahabad High Court, to resign forthwith.

By that time the Trojan Horse, filled with a ‘committed’ bureaucratic- police coterie, had been smuggled into the Prime Minister’s Household (PMH) and positioned in the Home Ministry, Delhi Administration and Police. On a signal from the PMH, these wolves pounced on and arrested the opposition leaders and shut down the newspapers by cutting off electricity so that the news of the Emergency was unreleased. Within hours, they formalised the Emergency and proclaimed draconian rules and regulations to choke the media and extinguish people’s freedom and liberty.

The Emergency thus ushered in, ripped apart India’s delicately crafted and carefully nurtured democratic fabric and the institutions of governance. A new type of regime and new criteria of allocation of rights and obligations were sought to be legitimised. The real issue was the abrogation of any sense of boundary or restraint in the exercise of power, and the striking arbitrariness and arrogance with which citizens were turned into subjects. Democracy was replaced with a crude form of autocracy. Most of those who facilitated this belonged to the covenanted services of the IAS and IPS, meant to defend and safeguard our democratic republic!

Today, things are worse. In its judgement in the ‘Blackmoney Case’ (July 2011), the Supreme Court talks of the “unholy nexus between lawmakers, law
​ ​
keepers, and lawbreakers”, clearly indicating that a State-sponsored kleptocracy runs the country. A kleptocracy is a deviant system wherein government departments and public institutions are commandeered for the benefit of carpetbaggers and packed with their loyal retainers. Tragically, several AIS officers have willingly entered into this kleptocratic pact in return for plum ‘commercial’ postings during service, coveted ‘independent directorships’ and an ever-multiplying government sinecure after retirement!

This has turned Delhi into a kleptocratic den with loots and scams galore. These have been cropping up like mushrooms in recent times —Commonwealth Games, ISROAntrix- Devas deal, 2G Spectrum, Godavari basin gas, National Spot Exchange, imported nuclear deals, thorium loot, Air-India mega purchase, and the biggest of them so far, Coalgate, where crucial files have gone missing! In all these massive cases of corruption, not one bureaucratic head has rolled. In fact, key players in these scams and scandals are being meticulously shielded and protected by ‘caging’ the CBI and sabotaging the instruments of Parliament, like the Public Accounts Committee and the Joint Parliamentary Committee! For pushing the Indo-US nuclear deal, Parliament itself was compromised!

But the humongous nature of defence purchase scams, that vitally affect the nation’s security, takes the cake. Here, even the Comptroller & Auditor General of India, the “most important officer under the Constitution”, has been brought into the kleptocratic network. This IAS officer has been joint secretary, additional secretary, director-general of acquisitions, officer on special duty and, finally, secretary in the Ministry of Defence from 2003 to May 2013, when he was seamlessly shifted as CAG as if it was just another routine bureaucratic transfer! During his long tenure in the ministry, he has been closely associated with many policy/ purchase/acquisition decisions and deals spanning the Army, Navy and Air Force. Most of these have become stinking scams due to wheeling and dealing and huge kickbacks. They are either under the CBI scanner or CAG scrutiny (see box). Now he is himself CAG and can cover up everything. What a wonderful kleptocratic pact.

The Union Public Service Commission, that recruits the crème de la crème of India’s civil services, has also not been left out. Here, the coveted position of Member, UPSC has gone to the loyal retainer of a State land/real estate mafia. For eight long years, this IAS officer has been deputy principal secretary, principal secretary and, on re-employment, officer on special duty to the Haryana Chief Minister. In these capacities, he has been handling the State’s Town & Country Planning (TCP) Department, which, during this period, plundered Gurgaon district and issued colony licences and change-of-land-use certificates for thousands of acres in the State, causing a loss to the exchequer running to Rs 3.5 lakh crore due to land frauds. This officer also managed to scuttle an ongoing ‘performance audit’ by the CAG on these frauds, that included the DLF-Vadra land deal. It looks as if the UPSC has lost its virginity!

By all accounts, the Haryana Government, which has successfully transformed the State into real estate in the past few years, has put together a neat kleptocratic network. The newly appointed UPSC member is not the only one to have a long stint in this network. Others include his successor as principal secretary to the CM,
​ ​
The humongous nature of defence purchase scams, that vitally affect national security, takes the cake. Who has already spent seven years as director, TCP Department, and its principal secretary. Another one is following suit with more than three years as director, TCP. As against this, the crusader against this network, Ashok Khemka, who had already seen 40 transfers in 20 years of his career, was allowed to stay for just 80 days in the job from where he had blown the whistle. Now, as per Chief Secretary (On extension) PK Chaudhary, for cancelling Vadra’s land deal, Khemka is being charge sheeted for administrative misconduct that could attract major penalties. UPSC membership and high-profile positions for the looters and gallows for the crusader! Can the IAS-anchored kleptocracy get any worse?

Kleptocratic India is fast moving towards being a ‘failed State’. Several senior and middle-level members of the AIS, more particularly the service I once belonged to, are the root cause of this. Because, without their concurrence, connivance and collaboration, no kleptocratic network could ever emerge, exist or expand. Wailing and shifting blame on politicians is pointless. Because the enemy is within, hidden in the underbelly of the Trojan Horse, the universal symbol of betrayal!


(Source- Via Gp e-mail)

0 comments:

Post a Comment

OROP drive gets 1 mn calls, SMSes support: Ex-servicemen

, by indianmilitaryveterans

As the protest by veterans over One Rank One Pension (OROP) entered its 113th day on Monday, a support campaign started by the ex-servicemen received over a million missed calls and smses within hours, the veterans claimed. Over one million support was recorded within 24 hours. The veterans requested citizens to give a missed call on mobile number 7304400500 to express support to the protest, said Col. Anil Kaul (retd.), the United Ex-Servicemen Front spokesperson. Relay hunger strikes meanwhile continued at Jantar Mantar, as the veterans hold rallies and public meetings in other parts of the country, prominently in poll bound Bihar. The ex-servicemen contend that the OROP given by the central government is flawed as it is "One Rank Five Pensions" instead of being One Rank One Pension. The veterans are now demanding the government to remove the anomalies in the OROP scheme that has been announced.

0 comments:

Post a Comment

PCDA CIRCULAR NO.549 OF 30 SEP 15

, by indianmilitaryveterans

Indian Military Veterans


DEAR ALL,

PCDA had issued the circular 549, which re-iterates the provs contained in Cir 547.


CLICK HERE TO VIEW  PCDA CIRCULAR NO.549 DT 30.9.2015


(source- PCDA website - http://pcdapension.nic.in/6cpc/Circular-549.pdf )

0 comments:

Post a Comment

PCDA CLARIFICATION ORDER (UNSIGNED) ON ARREARS WEF 1.1.2006 : ISSUED ON 11.9.2015

, by indianmilitaryveterans

Indian Military Veterans


DEAR ALL 

KINDLY SEE THE RED MARKED CLARIFICATION BY PCDA VIDE THEIR LETTER OF 11.9.2015.

"""4. However, in case, the consolidated pension/family pension calculated as per Para 4.1 of this Ministry’s letter No. 17(4)/2008(1)/D(Pen/Pol) dated 11.11.2008 is higher than the pension/family pension calculated in the manner indicated above, the same (higher consolidated pension/family pension) will be continued to be treated as basic pension/family pension. However, where revised pension in terms of GOI, MOD letter No. PC 10(1)/2009-D (Pen/Pol) dated 08.03.2010 and No. 1(13)/2012/D(Pen/Policy) dated 17.01.2013 is higher than the rates indicated in annexure attached with this letter, the same will be continued to be treated as basic pension/family pension from 1.07.2009 and 24.09.2012 respectively.

5. Accordingly,revised tables indicating minimum guaranteed pension/ Ordinary Family Pension has been annexed as

Annexure-A for Army pensioners 
Annexure-B for Air Force pensioners 
Annexure-C for Navy pensioners 

Pension Disbursing Authorities are hereby authorized to step up the pension/family pension of the affected Pre-2006 pensioners where the existing pension being paid to the pensioners in terms of Ministry’s above letter dated 11/11/2008 as amended, is less than the rate of pension indicated in above said annexure. 

6. All other terms and conditions shall remain unchanged. 

7. The provisions of this letter shall take effect from 01.01.2006 and arrears, if any, shall be allowed from 01.01.2006 up to the date where revised pension/family pension in terms of GOI, MOD letter No. PC 10(1)/2009-D (Pen/Pol) dated 08.03.2010 and No. 1(13)/2012/D (Pen/Policy) dated 17.01.2013 is lower. """


CLICK HERE TO VIEW PCDA CLARIFICATION ORDER (WHICH ARE UNSIGNED BY PCDA OFFICIALS) 

(SOURCE-PCDA WEBSITE)

0 comments:

Post a Comment

CSD PRICE LIST

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