Tuesday, March 20, 2012

Negative List upto 29.02.2012 is released from PTC Mysore


The file 'NL_29.02.2012.exe'  needs to be copied to DBAnalyzer folder and executed. 
This will update the negative list upto 29/02/2012  (corrections received upto 19/03/2012) in Sanchay Post. 

Interest Rates On GPF - 8.6% (eight point six percent) with effect from 1.12.2011


Interest Rates On General Provident Fund (GPF) has been revised to 8.6% (eight point six percent) with effect from 1.12.2011...

Resolution - accumulations at the credit of subscribers to the GPF and other similar funds - 2011-2012(89 KB)  (Dated 19th March, 2012)

(PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F.NO. 5(1)-B(PD)/2011
Government of India
Ministry of Finance
(Department of Economic Affairs)

New Delhi, the 19th March, 2012

RESOLUTION


It is announced for general information that during the year 2011-2012, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight per cent) for the period from 1.4.2011 to 30.11.2011 and 8.6% (eight point six percent) with effect from 1.12.2011.

PS Group 'B' Exam Re-Scheduled

The Examination Scheduled to be held on 27.05.2012 as now been re-scheduled to 03.06.2012
(DG (P) No. A34012/01/2012-DE dated 09.03.2012)

Date of next increment in the revised pay structure under Rule 10 of CCS (RP) Rules 2008


Sunday, March 18, 2012

Postal services including Speed Post will not attract service tax - Proposed in Union Budget 2012-13

While proposing  increase of  service tax from the present 10% to 12% in the Union Budget 2012-13, the Finance Minister has proposed exemption of some services from levying of service Tax. The details of such services exempted from levying of  12% increased service Tax are included in the Negative list of Services. At present, the service tax is levied on the basis of a positive list, meaning that the tax is levied on the specified services only.


According to the negative list, postal services, including Speed Post provided by the Department of Post, will not attract service tax.

Other important services, which will not attract the tax, include funeral, burial, mutate services and transport of deceased, Metered taxis, entry to amusement facilities, second-class rail travel,  betting, gambling, lottery, travel by radio taxis and auto rickshaw, Distribution of electricity, trading of goods, agriculture extension and support services, road tolls, renting of residential properties and services relating to bank deposits and sanction of loans.

As regards education, the service tax will not be levied on school, university education and approved vocational courses.The coaching classes and training institutions, however, will continue to be subject to the service tax.As regards sale and purchase of foreign currency, it has been clarified that such activity among the banks and dealers will be kept out of the service tax net. However, by implication, the sale of foreign currency by dealers to individuals will attract the levy.

In order to bring as many services as possible in the net, the government has come out with a wide definition of service. With some exception, it has been defined service as “any activity carried out by a person for consideration.''. In addition to the existing services, which are subject to the service tax, the negative list clarified that the tax will be levied on travel by first class and in air-conditioned rail coaches, transport of goods by a transportation and courier agencies.

The date for operation of the negative list, according to the budget papers, will be notified later.



CENTRAL D.A. TO BE ANNOUNCED ON 22ND MARCH


The Central government on Thursday i.e.22/03/2012 will announce to release of seven percent Dearness Allowance (DA) to its employees and pensioners.




“The Central cabinet, which will meet on Thursday i.e.22/03/2012 under the chairmanship of Prime Minister, Manmohan Singh will accord administrative approval to payment of DA to government employees and pensioners – revised rates effective from January 1, 2012,” Government reliable source indicated.
With the increase of seven percent, the rate of DA, it would go up from 58 to 65 percent.

courtesy pay commission

Central Government Employees to get Medical Reimbursement for IVF Treatment

 Order has been released by the Ministry of Health & Family Welfare that both the CGHS beneficiaries and beneficiaries under CS (MA) Rules 1944 will get medical reimbursement for In-Vitro Fertilisation (Test Tube Baby) of an amount not exceeding Rs.65,000/- or the actual cost, whichever is lower.


     The order has been released vide their no. Z.15025/5/2011-CGHS III/CGHS (P) dated 22.11.2011, circulated under Postal Dte. no. 6-1/2012-Medical dated 30.01.2012 and West Bengal C.O. no. A&P/A/M-1/Ruling/Part-IV dated 24.02.2012 (as Standard Circulation List no. 1). 
The order is effective from the date of issue.
The main conditions for such reimbursement are:


    * Prior permission to be obtained on the basis of recommendation for such procedure by Head of Department of Gynaecology & Obstetrics of a Govt. Medical Institution. Permission will be one time for three fresh cycles.


    *  IVF procedure may be allowed, on case to case basis, in private hospital if it is registered with the State/Central Govt and has the necessary facilities, notwithstanding the clause of recommendation in above point.


    * There should be clear evidence of failure of conventional treatment before IVF.


    * The age of women undergoing IVF should be below 39 years.

Saturday, March 17, 2012

GOVERNMENT IN PUBLIC INTEREST MAY RETIRE ANY GOVERNMENT SERVANT.

Minister of State for Personnel, Public Grievances and Pensions V Narayanasamy speaks in the Lok Sabha. Government in public interest may retire any Government Servant

New Delhi, Mar 15,2012 (PIB): The Central Government employees are concerned, Government in public interest may retire any Government Servant after he has attained the age of 50/55 years or after completion of 30 years service by giving him notice of not less than three months in writing or three months pay and allowances in lieu of such notice.

This was stated by the Minister of State for Ministry of Personnel, Public Grievances and Pensions and the Minister of State in the Prime Minister’s Office, Shri V. Narayanasamy in a written reply in Rajya Sabha today.


source:pib