Sunday, 9 April 2017

DA Order for Autonomous Bodies pre-revised pay scales as per 5th CPC


DA Order for Autonomous Bodies pre-revised pay scales as per 5th CPC



No.1/3/2008-E.II(B)
Government of India
Ministry of Finance
Department of Expenditure
New Delhi, dated the 7th April, 2017.

OFFICE MEMORANDUM

Subject:- Rate of Dearness Allowance applicable w.e.f.1.7.2016 and w.e.f.1.1.2017 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scales as per 5th Central Pay Commission

The undersigned is directed to refer to this Department's O.M.of even No. dated 22nd April, 2016 revising the rates of Dearness Allowance w.e.f.01.01.2016 in respect of employees of the Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scales as per 5th Central Pay Commission.

2. The rate of DA admissible to above categories of employees of the Central Government and Central Autonomous Bodies shall be enhanced from the existing rate of 245% to the revised rates as under:

Date from which payableRate of Dearness Allowance admissible per month
1.7.2016256% of basic pay
1.1.2017264% of basic pay

3.The provisions contained in paras 3, 4 and 5 of this Ministry's O.M. No. 1(13)/97-E.II(B) dated Yd October, 1997 shall continue to be applicable while regulating Dearness Allowance under these orders.

4. The contents of this Office Memorandum may also be brought to the notice of all organisations under the administrative control of the Ministries/Departments which have adopted the Central Government scales of pay.
(Nirmala Dev)
Deputy Secretary to the Govt. of India

Original Order Copy

Rate of Dearness Allowance applicable w.e.f.1.1.2017 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/grade pay as per 6th Central Pay Commission


Rate of Dearness Allowance applicable w.e.f.1.1.2017 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/grade pay as per 6th Central Pay Commission
No. 1/3/2008-E.II(B)
Government of India
Ministry of Finance
Department of Expenditure
New Delhi, dated the 7th April, 2017.

OFFICE MEMORANDUM

Subject: Rate of Dearness Allowance applicable w.e.f.1.1.2017 to employees of Central 
Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/grade pay as per 6th Central Pay Commission

The undersigned is directed to refer to this Department’s O.M.of even No. dated 9th November, 2016 revising the rates of Dearness Allowance w.e.f.01.07.2016 in respect of employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/grade pay as per 6th Central Pay Commission.

2. The rate of DA admissible to above categories of employees of Central Government and Central Autonomous Bodies shall be enhanced from the existing rate of 132% to 136% w.e.f.1.1.2017.

3. The provisions contained in paras 3,4 and 5 of this Ministry's O.M.No. 1(3)/2008-E.II(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.

4. The contents of this Office Memorandum may also be brought to the notice of all organisations under the administrative control of the Ministries/Departments which have adopted the Central Government scales of pay
(Nirmala Dev)
Deputy Secretary to the Govt. of India
Original Order Copy

NRI Investments in NPS


NRI Investments in NPS

The Pension Fund Regulatory and Development Authority (Retirement Adviser) Regulations were notified in the year 2016. The objective of the Regulations is to provide a framework for eligibility of Retirement Advisers, their registration process, fees etc. of Retirement Advisers (RA) and to define the scope of work and responsibility of the Retirement Advisers to ensure orderly growth of pension sector

In order to expand the National Pension System (NPS) to NRIs, PFRDA has decided to amend the PFRDA (Retirement Adviser) Regulations, 2016 in order to facilitate RA to provide onboarding and advisory services to the NRIs.

Non Resident Indians (NRIs) between the ages of 18-60 years are eligible to join NPS on voluntary basis. NRIs have also been provided the online facility to open account under NPS besides the conventional mode of account opening through the Points-of-Presence (PoPs).

As on 30.03.2017, 2611 NRIs have subscribed to NPS, out of which 1401 NRIs have joined NPS during the financial year 2016-17.

This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.

PIB

Railways earn Rupees 228 crore more on child fare


Railways earn Rupees 228 crore more on child fare

New Delhi: The Railways earned Rs 228 crore more by charging full adult fare from children in the reserved class in the fiscal 2016-17, Rajya Sabha was told today.

Railways earned total Rs 914 crore from child passengers between April 21, 2016 and March 20, 2017 as against Rs 686 crore during the same period the previous year.

Children, between 5 and 12 years of age, for whom berth is sought at the time of reservation, are charged full adult fare from April 21, 2016, Railway Minister Suresh Prabhu said in a written reply in the House.

However, at the time of reservation if full berth is not sought then half of basic adult fare is charged subject to minimum distance for charge.

Children below the age of 5 years are carried free in trains.

The additional earnings from passengers booked on child fare in the reserved class during the period of April 21, 2016 to March 20, 2017 is about Rs 228 crore more as compared to the same period the previous year.

PTI

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Central Government Employees Memes Exact Situation!

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