Friday, 27 April 2018

5 Day Week in LIC: 2nd and 4th Saturdays as Holiday to LIC Employees


5 Day Week in LIC: 2nd and 4th Saturdays as Holiday to LIC Employees
Holiday-LIC-Employees

Introduction of 'Five Day Week' in LIC of India

F.No.S-11011/21/2015-Ins.1
Government of India
Ministry of Finance
Department of Financial Service

Jeevan Deep Building, Parliament Street,
New Delhi, Dated 20th April, 2018

To
The Chairman,
Life Insurance Corporation of India,
Central Office,
Yogakeshema Building, J.B.Marg,
Mumbai-400021

Sub: Introduction of 'Five Day Week' in LIC of India
Sir,
I am directed to refer LIC's letter Ref: Per/ER/A/G/2015 on the subject mentioned above and to convey Government’s approval for declaring 2nd and 4th Saturday of every month as holiday in Life Insurance Corporation of India, in line with Public Sector Banks. Copy of notification declaring 2nd and 4th Saturdays as holiday in the Corporation is enclosed for further necessary action.

Yours faithfully,
sd/-
(Mritunjay Singh)
Under Secretary to the Government of India
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GST Revenue Collections for the Financial Year 2017-18

Ministry of Finance

GST Revenue Collections for the Financial Year 2017-18

Total Revenue of Rs. 7.19 lakh crore collected under GST in the period between August 2017 and March 2018
27 APR 2018
During 2017-18, total revenue collected under GST in the period between August 2017 and March 2018 has been Rs. 7.19 lakh crore. This includes Rs. 1.19 lakh crore of CGST, Rs. 1.72 lakh crore of SGST, Rs. 3.66 lakh crore of IGST (including Rs. 1.73 lakh crore on imports) and Rs. 62,021 crore of cess (including Rs. 5702 crore on imports). For this eight months, the average monthly collection has been Rs. 89,885 crore.

While the tax on domestic supplies in a month is collected through the process of returns and gets collected in the next month, IGST and cess on imports gets collected in the same month. Therefore, during the current year, GST on domestic supplies has been collected only in eight months from August 2017 to March 2018, IGST and cess on imports has been collected for nine months, from July 2017 to March 2018. Including the collection of July 2017, the total GST collection during the financial year 2017-18 stands provisionally at Rs. 7.41 lakh crore.

Revenue of the States
The SGST collection during the year, including the settlement of IGST has been Rs. 2.91 lakh crore and the total compensation released to the States for a period of eight months during the last financial year was Rs. 41,147 crore to ensure that the revenue of the States is protected at the level of 14% over the base year tax collection in 2015-16. The revenue gap of each State is coming down over last eight months. The average revenue gap of all states for last year is around 17%.

Return Filing During the year
There has been a progressive improvement in the compliance level observed during the course of the year. Following table shows the percentage of returns filed as on due date and the cumulative level of compliance.
Return Period Required to file Till due date Cumulative
Returns % Returns %
July ’17 6647581 3834877 57.69% 6388549 96.10%
Aug ’17 7370102 2725183 36.98% 6851732 92.97%
Sep ’17 7823806 3934256 50.29% 7109143 90.87%
Oct ’17 7721075 4368711 56.58% 6777440 87.78%
Nov ’17 7957204 4913065 61.74% 6765603 85.02%
Dec ’17 8122425 5426278 66.81% 6747887 83.08%
Jan ’18 8322611 5394018 64.81% 6694387 80.44%
Feb ’18 8527127 5451004 63.93% 6562362 76.96%
Mar ’18 8715163 5458728 62.63% 5630683 64.61%

As may be seen, the compliance level as on the due date has steadily increased and, by the end of the financial year, has reached to an average of 65% from around 55-57% observed during initial months. The cumulative compliance levels (percentage of returns filed till date) for initial months has crossed 90% and for July, 2018, has reached 96%.

There are State-wise variations in the compliance level observed till due date. However, including delayed filings, the State- wise compliance levels converge over a period of time.

PIB

6th CPC- Dearness Allowance applicable w.e.f. from 01.01.2018 to Railway employees


6th CPC- Dearness Allowance applicable w.e.f. from 01.01.2018 to Railway employees

GOVERNMENT OF INDIA
MINISTRY OF RAILWAYS
(RAILWAY BOARD)
RBE No.58/2018
New Delhi, dated 12.04.2018
S.No. PC-VI/385
No. PC-VI/2008/I/7/2/1
The GMs/CPO(R),
All Zonal Railways & Production Units,
(as per mailing list)

Sub: Rate of Dearness Allowance applicable w.e.f. from 01.01.2018 to Railway employees continuing to draw their pay in the pre- revised pay scale/ grade pay as per 6th Central Pay Commission.

Please refer to this Ministry's letter of even number dated 17.11.2017 (S.No. PC-VI/379, RBE No.169/2017) revising the rates of Dearness Allowance w.e.f. 01.07.2017 in respect of railway employees continuing to draw their pay in the pre-revised pay scale/ grade pay as per 6 Central Pay Commission.

2. The rate of DA admissible to railway employees of above category shall be enhanced from the existing rate of 139% to 142% w.e.f. 01 01.2018.

3. The provisions contained in Paras 3,4 & 5 of, this Ministry's letter of even number dated 09.09.2008 (S.No. PC-VI/3, RBE.No. 106/2008) shall continue to be applicable while regulating Dearness Allowance under these orders.

4. This issues with the concurrence of the Finance Directorate of the Ministry of Railways.
S/d,
(U.K.Tiwari)
Dy. Director Pay Commission-VI
Railway Board

May Day Celebration by Ministry of Labour and Employment


May Day Celebration by Ministry of Labour and Employment
27 APR 2018
International Labour Day is also known as the May Day and is celebrated at the international level to promote and encourage the healthy dialogue among social partners. International Workers' Day is a big celebration at the world level and it is celebrated to commemorate the 4th of May of 1886, the Haymarket affair (Haymarket Massacre) in the Chicago.

Shri Santosh Kumar Gangwar, Minister of State(Independent Charge) for Labour & Employment conveys Best Wishes to all the workers on MAY DAY and said, "Your hard work and your dedication have built the Nation".

Ministry of Labour & Employment will organise programme on the 1st May, 2018 at 10.00 AM at Pravasi Bharatiya Kendra, Chanakyapuri, New Delhi. Shri Nitin Gadkari, Union Minister for Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation will be the Chief Guest. The Event will be attended by the Secretaries of various Ministries of Government of India, Senior Officers of Ministry of Labour & Employment, Members of various Boards/Advisory Bodies of the Ministry, Academicians, and senior representatives of Workers' & Employers' Organisations and representatives of ILO.

On this occasion, while sharing key initiatives and achievements of the last 4 years, Ministry will also be launching a series of new Online Services through Shram Suvidha Portal as well as new initiatives by EPFO. Further, V.V. Giri National Labour Institute (V.V.G.N.L.I) will be releasing a new Publication on the challenges of Social security to the working class.

Ministry of Labour and Employment for the first time will be awarding the Model Employers as recognized by ESIC & EPFO and Central Labour Service Officers who have excelled in their service. The benefits to Building and Other Constructions Workers will also be distributed. It would be followed by a panel discussion of labour experts on the "Strategy for providing Social Security to Unorganised Workers".

Minister once again Greets every worker in the country and appeals to "MAKE INDIA GREAT LAND ON EARTH WITH OUR HARD WORK AND DETERMINATION…"

PIB

Air Travel entitlements for journeys on tour or training; revision of instructions


Air Travel entitlements for journeys on tour or training; revision of instructions

Government of India/Bharat Sarkar
Ministry of Railways/Rail Mantralaya
(Railway Board)
 RBE No.61/2018
No. F(E)I/2017/AL-28/41
New Delhi, dated 24.04.2018
General Manager,
All Indian Railways, PUs etc.
(As per Standard Mailing List)

Sub : Air Travel entitlements for journeys on tour or training; revision of instructions reg.
In partial modification of Board's letters of even number dated 24.08.2017 & 25.09.2017 on the subject, it has been decided by Board to revise the Air Travel entitlements of railway officers for journeys on tour or training in the following manner:
AIR-TRAVEL-journey

2. Further, in partial modification of Board's letter of even number dated 25.09.2017, it has also been decided by Board that grant of Air Travel permission to officers on Indian Railways, either one way or two way, may be approved personally by GMs of Railways with the prior personal concurrence of PFA.

3. As delegated vide pars 22 of Board's letter No. F(X)II-2015/PW/7, dated 12.06.2017 of delegation of powers to GMs, these powers may be exercised personally by Chief Administrative Officer with the prior personal concurrence of PFA in case of COFMOW, New Delhi, DCW/Patiala and MTP/ Chennai.

4. The competent authority while approving Air Travel would apply his mind and consider whether the available train connectivity and time taken justifies the same. For example, while Delhi-Bangalore-Delhi may qualify for Air Travel, Delhi-Mumbai-Delhi can easily be covered by train comfortably. General Manager while using his discretion to permit one way or two way Air Travel may consider both the need of the journey and the urgency that necessitates Air Travel.

5. It may be ensured that permission for Air Travel is given judiciously and restricted only to absolutely essential official requirement that is recorded, subject to availability of budgetary provisions.

6. This has the approval of Board (FC & CRB).

7. These orders will take effect from the date of issue of this letter.

8. Please acknowledge receipt.
S/d,
(Jitendra Kumar)
Dy. Director Finance (Estt.),
Railway Board.

Benchmark for promotion to administrative grades in Railway Services


Benchmark for promotion to administrative grades in Railway Services

Government of India (Bharat Sarkar)
Ministry of Railways(Rail Mantralaya)
Railway Board.
No.2017/SCC/03/09
New Delhi, Dated : 16.04.2018
To
The General Manager/equivalent
(All Indian Railways, PUSs, RDSO, NAIR, Directors/Training Institutes).

Subject : Benchmark for promotion to administrative grades in Railway Services.
Reference : Board's letter No.2017/SCC/03/09 dated 01.09.17 and 23.11.17.

Board, vide letter dated 01.09.17 and 23,11.17, issued instructions regarding interpretation of the benchmark for promotion to various grades in terms of numerical grading. After considering several issues relating to interpretation of benchmark, Board have now decided to follow the following revised interpretation of benchmark in respect of APARs with numerical grading :

GradeBenchmark  as per instructions dated 15.12.15Interpretation of benchmark consequent to introduction of APARs with numerical grading
HAGVery Good Plus - two 'Outstanding' and three 'Very Good' grading in the last five years. However, minimum 'Very Good' in each of the last five APARsBench mark will continue to be 'Very Good plus' i.e. minimum two 'Outstanding' and three 'Very Good' grading or equivalent in the last five APARs under consideration classifying the numerical grading in terms of 'Outstanding', 'Very Good' and 'Good' as per Board's instructions dated 21.07.17. A minimum grading of 'Very Good' is also required in each of the five APARs.
SAGandNFSGVery Good - The minimum performance benchmark will be 'Very Good' in each of the last five APARs.Bench mark will continue to be Very Good i.e. minimum grading of 'Very Good' in each of the last five APARs under consideration classifying the numerical grading in terms of 'Outstanding', 'Very Good' and 'Good' as per Board's instructions dated 21.07.17.
JAGGood - should have earned two 'Very Good' and three 'Good' grading or equivalent in the last five APARsBench mark will be 'Good plus' which will be defined as two 'Very Good' and three 'Good' APARs in the last five APARs under consideration classifying the numerical grading in terms of 'Outstanding', 'Very Good' and 'Good' as per Board's instructions dated 21.07.17. A minimum grading of 'Good' is also required in each of the five APARs,

2. DPC should not be guided merely by the overall grading, that may be recorded in the APARs but should make its own assessment on the basis of entries in the APARs, as at times the overall grading in a APAR may be inconsistent with the grading under various parameters or attributes.

3. Railways/PUs etc. are also advised that empanelment /promotion of officers made on the basis of instructions dated 01.09.17 need not be revisited unless the same has adversely affected their promotion. Above mentioned decision should be brought to the notice of all officers working in respective Railways/PUs/CTIs.
S/d,
(SC Krishna)
Under Secretary (Conf)
Railway Board

State Railway Provident Fund - Rate of interest during the year 2018-19 (April, 2018 - June, 2018)


State Railway Provident Fund - Rate of interest during the year 2018-19 (April, 2018 - June, 2018) 

GOVERNMENT OF INDIA(BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)
RBE No.59/2018
No. F(E)III/2003/PF/1/1
New Delhi, Dated : 18.04.2018
The GMs/Principal Financial Advisers,
All Zonal Railways/Production Units etc.,
(As per mailing list)

Subject: State Railway Provident Fund - Rate of interest during the year 2018 -19 (April, 2018 - June, 2018).

A copy of Government of India's Resolution No. 5(1)-B (PD)/2018 dated 11th April, 2018 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 7.6% (Seven point six per cent) w.e.f. 1st April, 2018 to 30th June, 2018 on accumulations at the credit of the subscribers to State Railway Provident Fund, is enclosed, for information and necessary action.

S/d,
(G. Priya Sudarsani)
Joint Director, Finance (Estt.)
Railway Board

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