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Tuesday, March 3, 2015

Air India LTC-80 Fares as on 02 March, 2015

Air India LTC-80 Fares as on 02 March, 2015

TABLE V- LTC Fares
S No SECTOR & V.V HLTC (Economy Class) DLTC (Executive Class) Airline Fuel Charge
Base Fare Base Fare
1 Agartala Guwahati 4831 10140 1850
2 Agartala Kolkata 3891 8506 1850
3 Agartala Silchar 4401 1850

Railway Board Order to increase the advance reservation period from 60 days to 120 days w.e.f. 01.04.2015

Railway Board Order to increase the advance reservation period from 60 days to 120 days:-

GOVERNMENT OF INDIA (Bharat Sarkar)
MINISTRY OF RAILWAYS (Rail Mantralaya)
(RAILWAY BOARD)
No. 2007/TG-1120/P
New Delhi, dated 27.02.2015
Chief Commercial Managers,
All Zonal Railways.
(COMMERCIAL CIRCULAR NO. 11 OF 2015)

Sub: Time limit for Advance Reservations.

Details of provision for Income Tax, TDS, Exemption limit in Budget 2015-16 - Finance Bill 2015

FINANCE BILL, 2015

PROVISIONS RELATING TO DIRECT TAXES
Introduction

The provisions of the Finance Bill, 2015 relating to direct taxes seek to amend the Income-tax Act and Finance (No.2) Act, 2004, inter alia, in order to provide for –

A. Rates of Income-tax
B. Measures to Curb Black Money
C. Measures to Promote Domestic Manufacturing and Improving the Investment Climate (Make in India)
D. Ease of Doing Business/ Dispute Resolution
E. Benefits for Individual Taxpayers
F. Swachchh Bharat
G. Rationalisation Measures

Monday, March 2, 2015

Seventh Pay Commission likely to submit report in October 2015

The Seventh Pay Commission will submit its report by October 2015After 14th Finance Commission, 7th pay panel’s report looms : LiveMint
Finance ministry fears that its revenue will be affected in 2016-17 as it has to absorb new pay panel recommendations

New Delhi: After the recommendations of the Fourteenth Finance Commission (FFC) forced the government to reduce its plan expenditure in the 2015-16 budget, the Union finance ministry fears its revenues will remain constrained in 2016-17 as well since it has to absorb the recommendations of the Seventh Pay Commission (SPC) in that year.

The Seventh Pay Commission will submit its report by October 2015. 

Meeting of IESM Delegation with RM Sh Manohar Parrikar on 2 Mar 2015

Meeting of IESM Delegation with RM Sh Manohar Parrikar on 2 Mar 2015

Dear Members

IESM delegation of five members met RM Sh Manohar Parrikar today at 1400 h. The salient points of the issues discussed in the meeting are given below and are attached. I am sure this will satisfy most of the queries of veterans arising out of budget speech given on 28 Feb 15. This is now clear that one needs to be optimistic and OROP will be out soon. However hold your celebrations till Notification of OROP is out as there is many a slip between the cup and the lip.

Meeting of IESM Delegation with RM Sh Manohar Parrikar on 2 Mar 2015

Provision for 7th Pay Commission in Budget 2015-16

The Budget is also gravely silent on fund allocations for the Seventh Pay Commission award, due for implementation in 2016.  The budgetary documents are stressing upon likely burden from the report of the 7th Pay Commission.  However the funds are allocated for Commission'ss establishment.  The extract of budgetry documents which are related to 7th CPC are mentioned below:-

Speech of Finance Minister - Heading Fiscal Roadmap para 23:-

Budget  2015-2016
Speech  of
Arun Jaitley
Minister of Finance

Anubhav – showcasing outstanding work done during service

‘Anubhav’ – showcasing outstanding work done during service – submission of details by a retiring Government employee – to be uploaded on Departmental website

No. 4/2/2013-P&PW (Coord.)
Government of India
Ministry of Personnel, Public Grievances and Pensions
Department of Pension and Pensioners’ Welfare

Lok Nayak Bhavan, Khan Market,
New Delhi, the 19 th February, 2015

Office Memorandum
Sub: ‘Anubhav’ – showcasing outstanding work done during service – submission of details by a retiring Government employee – to be uploaded on Departmental website – reg.

Banking Reforms: Steps is being taken by Govt.

Press Information Bureau
Government of India
Ministry of Finance
01-March-2015 20:24 IST
Banking Reforms

Performance of Public Sector Banks has remained sub-optimal so far. The Government is taking various steps to improve the situation both on governance side and otherwise. The focus of these reforms is to improve the quality of deliberations in bank boards, leading to better asset quality and further resulting in better market valuations.

Press Statement by Confederation on BUDGET 2015-16

Press Statement by Confederation on BUDGET 2015-16

CONFEDERATION OF CENTRAL GOVT. EMPLOYEES & WORKERS
1st Floor, North Avenue PO Building, New Delhi – 110001

Dated: 28th Feb. 2015.
PRESS STATEMENT – Budget 2015-16.

The Budget of Modi Government for the year 2015-16 presented today to the Parliament by the Finance Minister, Shri. Arun Jaitley belied all expectations of the poor people who placed their faith in the BJP in the last general elections. It is without doubt an anti-poor and pro-rich Budget. The Corporate Tax has been slashed to please the giant multinational Corporate houses, who really are the rulers in most of the Countries of the world, including ours. The Government has foregone about 8300 crores of direct tax revenue. The burden has been put on to the shoulders of the common working people in the form of indirect taxes to the extent of more than 23000 crores mostly coming from the increased service tax kitty.
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