Indian Military Veterans: Budget



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Veterans Welfare Latest News & 
Updates on various issues 
related to


Tri Services Pension – SPARSH -OROP

  ECHS - CSD 


Pay Fixation and Service/Pension Rules
as per orders & Instructions of Govt of India.


Purpose of this website


             Pensioners of the Armed Forces  are different from  pensioners of  other departments of the Government of India. Some rules and regulations apply to public services. In order to sensitize them about the various rules, regulations, government programs related to ex-servicemen and the various social assistance programs for families of ex-servicemen, we refer to the government instructions on this subject. , published information on related topics. Here, we will discuss SPARSH, CSD, ECHS, OROP, family pension, disability pension, Service pension, re-employment with life certificate and other welfare activities  to increase the awareness of beneficiaries. 

Regards,
KS RAMASWAMY 
Editor
Showing posts with label Budget. Show all posts
Showing posts with label Budget. Show all posts

Mar 3, 2016

File photo. Economic affairs secretary Shaktikanta Das said the number cannot be quantified and it has been built up in budget of various ministries. Photo: PTI File photo. Economic affairs secretary Shaktikanta Das said the number cannot be quantified and it has been built up in budget of various ministries. Photo: PTI New Delhi: With absence of an explicit overall provision for the 7th Pay Commission in budget raising questions, government on Wednesday said the once-in-a-decade pay hike has been built in as interim allocation for different ministries and budget numbers were credible. The voluminous budget documents state that “the implementation of the Seventh Pay Commission due from January 1, 2016 is to be implemented during the financial year 2016-17 as also the revised One Rank One Pension scheme for Defence services.” “The government has made provisions for the additional liabilities on these count,” it said, without giving the amount allocated for implementation. Economic affairs secretary Shaktikanta Das said the number cannot be quantified and it has been built up in budget of various ministries. “We cannot really quantify how much we require in 2016-17. Because the Committee of Secretaries have to first give its recommendations, then govt will take a decision and then only we will know what is the requirement in FY17,” he said in New Delhi. Implementation of the pay commission report is to cost the government Rs.1.02 trillion. “We have the Pay Commission recommendations with us, we have analysed the likely requirement and it has been built into the Budget of various ministries. Some suitable interim provisions have been made,” he said without elaborating. “Hence the expenditure and revenue numbers are credible.” Das said finance minister Arun Jaitley in his budget speech stated that interim provisions have been made. “And these provisions are there in the Demands for Grants for individual departments and ministries. It is built into and subsumed into those allocations.” “The Budget reaffirmed the commitment of the government to continue with the process of fiscal consolidation as projected in the Medium Term Fiscal Policy Statement of 2015-16 despite a tough external environment,” the budget documents said. Accordingly, fiscal deficit has been projected at 3.5% of the GDP in 2016-17. “In accordance with the amended FRBM targets, the fiscal deficit of 3 per cent is projected to be achieved in 2017-18 onwards.” “Keeping in view the challenge of reduction of fiscal deficit by 0.4 per cent of GDP in a difficult year in 2016-17 with substantial additional liabilities on pay revision etc, the government is quite optimistic of fully achieving the fiscal deficit target of 3 per cent or below by March 2018,” the documents said. PTI TOPICS: 7TH

Indian Military Veterans File photo. Economic affairs secretary Shaktikanta Das said the number cannot be quantified and it has been bui...
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Mar 1, 2016

Key Features of Budget 2016-2017 : Official pdf Download

Indian Military Veterans http://indiabudget.nic.in/ub2016-17/bh/bh1.pdf Key Features of Budget 2016-2017 INTRODUCTION : Growth of...
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Feb 29, 2016

Budget 2016 top takeaways: Start-ups to get 100% tax exemption for 3 yrs

Indian Military Veterans Office-goers walk past a digital screen showing finance minister Arun Jaitley delivering his Budget spe...
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Annual Budget 2016 – Will the income tax slab increase? Or, will it not?

Indian Military Veterans “It is important to keep in mind the expectations of Central Government employees, who accurately calculate ...
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Highlights of General Budget 2016

Indian Military Veterans   Union Finance Minister Shri Arun Jaitley spoke on the Key Reform Measures in his Budget speech 2016-17 1...
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Feb 28, 2015

Employees Under the Employees Provident Fund(EPF) to be Provided two Options EPF or NPS

Indian Military Veterans Press Information Bureau Government of India Ministry of Finance 28-February-2015 13:03 IST Employees U...
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Union Budget 2015 Live: Jaitley does not disappoint. This budget is reformist

Indian Military Veterans The last word: Has Jaitley's second budget lived up to expectations? The answer should be a cautious yes. W...
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Highlights of Union Budget 2015

States to be equal partners in economic growth; move to making India cashless society; social sector programmes to continue. Some of the...
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