Saturday, 12 December 2015
Centre Introduces Bill to Hike Wage Ceiling for Bonus
Centre Introduces Bill to Hike Wage Ceiling for Bonus – The amendment bill will be made effective from April 1, 2015. The bill will amend, the Payment of Bonus Act 1965.
Government on Monday introduced a bill in Lok Sabha that seeks to enhance pay eligibility limit of an employee for bonus to Rs 21,000 per month, from Rs 10,000, to make more workers eligible for the benefit. The Payment of Bonus (Amendment) Bill, 2015 also seeks to enhance the monthly bonus calculation ceiling to Rs 7,000 per month from existing Rs 3,500. It is expected to increase the quantum of bonus substantially.
The amendment bill will be made effective from April 1, 2015. The bill will amend, the Payment of Bonus Act 1965, which is applicable to every factory and other establishment in which 20 or more persons are employed on any day during an accounting year. The bill also provides for a new proviso in Section 12 which empowers the central government to vary the basis of computing bonus.
At present, under Section 12, where the salary or wage of an employee exceeds Rs 3,500 per month, the minimum or maximum bonus payable to employees are calculated as if his salary or wage were Rs 3,500 per month. The last amendment to both the eligibility limit and the calculation ceilings under the said Act was carried out in 2007 and was made effective from April 1, 2006.
The bill it provides that if (new) calculation ceiling is adopted by the Government of India, the additional approximate expenditure for payment of ad hoc bonus to the employees of the establishments under Central Government and employees belonging to Railways and Posts (Productivity Linked Bonus) would involve to the extent of Rs 3,128 crore.
The proposed amendments in the Act to increase wage ceiling and bonus calculation ceiling were one of assurances given by the Centre after 10 central trade unions went on one-day strike on September 2. The government had hinted at meeting workers’ aspirations on nine out of 12 demands submitted by the unions.
Source: IBN Live
Important advertisements in regard to Special Recruitment Drive for filling up of vacancies for Persons with Disabilities - Reg.
Advertisement issued by Rajiv Gandhi National Institute of Youth Development (RGNIYD) for the various posts in regard to Special Recruitment Drive for filling up of vacancies for Persons with Disabilities - Reg.
Advertisement issued by Garden Reach Shipbuilders and Engineers Ltd. for the various posts in regard to Special Recruitment Drive for filling up of vacancies for Persons with Disabilities - reg.
Advertisement issued by Garden Reach Shipbuilders and Engineers Ltd. for the various posts in regard to Special Recruitment Drive for filling up of vacancies for Persons with Disabilities - reg.
Source SA Post blog
PFRDA calls for increasing the coverage of State Autonomous Bodies
Chairman, PFRDA calls for increasing the coverage of State Autonomous Bodies (SABs) and to bring the unorganised workers including Anganwadi & Asha workers and SHGs within the ambit of NPS; State Governments urged to generate awareness to maximise coverage under Atal Pension Yojana (APY) as the benefit of Government co-contribution would be available to those subscribers only who join APY before 31st December, 2015
The Chairman, PFRDA, Shri Hemant Contractor stressed the need for increasing the coverage of State Autonomous Bodies (SABs) and bring the unorganised workers like Anganwadi workers, Asha workers and SHGs within the ambit of National Pension System (NPS) so that they may also benefit from the scheme. Shri Contractor commended the substantial increase in the subscriber coverage of the State Governments’ subscribers which crossed the figure of 28 lacs and the increase in Asset under Management (AUM) of the State Governments’ subscribers which crossed Rs. 50,000 crore in November 2015. Shri Contractor was delivering the Welcome Address at the Conference on implementation of National Pension System (NPS) by the State Governments organised by the Pension Fund Regulatory & Development Authority (PFRDA) here today. Senior officials from almost all the State Governments attended the conference. The prime objective was to provide a forum to all the State Governments where the progress in the implementation of NPS with respect to subscriber coverage and services could be brought to the fore and a way forward could be provided. Shri Contractor said that PFRDA was intent on achieving its twin objective of ensuring orderly growth of pension sector and protection of subscribers’ interest. He informed that barring two States viz. Tripura and West Bengal, all other States have notified NPS and have registered subscribers under NPS. He further informed that the main areas of concern while implementation of NPS by the State Governments include coverage gaps and process related issues at the level of nodal offices. He insisted the State Governments for improving the IRA compliance and updating subscribers’ details to avail of the latest technological benefits in provision of subscriber services and to avail smooth exit/ withdrawal process.
Earlier, Shri Ajay Narayan Jha, Special Secretary (Expenditure), Ministry of Finance (MOF) in his Keynote Address informed that a third of the total staff enrolled in both the Central and the State Governments are registered in NPS and the pension liabilities of all the State Governments was around 3% of total revenue expenditure excluding salary and interest payment in 2004-05 which increased to 12.30% in 2012-13. NPS can be instrumental in reducing liabilities of the Government and the challenges include providing optimum returns on the deposits and for that ensuring timely collection of contributions by the nodal offices across all the Government offices.
Dr Shashank Saksena, Economic Advisor, Dept. of Financial Services(DFS), Ministry of Finance (MOF) urged the State Governments to generate awareness with a sense of urgency and maximise coverage under Atal Pension Yojana (APY) as the benefit of Government co-contribution would be available to those subscribers only who join APY before 31st December, 2015. Currently, NPS including APY has more than 1.02 Crore subscribers with total Asset Under Management (AUM) of more than Rs.1, 05,000 crores.
Speaking on the occasion, Shri R. V. Verma, Member (Finance), PFRDA, congratulated the State Governments for their efforts in increasing the coverage of subscribers under NPS. He highlighted the robust mechanism put in place by PFRDA through notification of important regulations like Grievance Redressal and Exit & Withdrawals. He emphasised the need for enhancing capacity building of the nodal officers especially in view of their enhanced role as envisaged in the regulations and the provisions of the PFRDA Act. He stressed on maintaining discipline of timely remittance of subscriber contribution, ensuring 100 percent IRA compliance, reducing coverage gaps and subscriber grievances among others.
Source : PIB
Indian Air Force Recruitment for Commissioned Officer Posts 2016
Indian Air Force Recruitment 2016
Organization: Indian Air Force
Category: Govt Jobs 2015-16
Details of Vacancies: Commissioned Officer Posts
Total Posts: Various in Number
Pay Scale: Refer official advertisement
Location: All Over India
Eligibility Criteria & Education Qualification for Indian Air Force Commissioned Officer Notification 2015-16
Qualification: Candidates should have completed Post Graduation Degree in relevant discipline with at least aggregate of 50% marks from an approved University.
Age Limit: in between 21 to 26 years as on 1st January 201
Selection Procedure: Selection procedure under goes through written test, screening test, group test and interview.
Application Mode: Off Line Application Mode
Exam/Application Fee: Not applicable
Indian Air Force Commissioned Officer Exam Syllabus, Pattern 2015
Material like previous test papers, syllabus, exam pattern, practice papers will be available in official login page i.e indianairforce.nic.in
How to apply Indian Air Force Commissioned Officer Recruitment 2015-2016
Website: indianairforce.nic.in
Download Advertisement 2015
Application Form
Important Dates
Organization: Indian Air Force
Category: Govt Jobs 2015-16
Details of Vacancies: Commissioned Officer Posts
Total Posts: Various in Number
Pay Scale: Refer official advertisement
Location: All Over India
Eligibility Criteria & Education Qualification for Indian Air Force Commissioned Officer Notification 2015-16
Qualification: Candidates should have completed Post Graduation Degree in relevant discipline with at least aggregate of 50% marks from an approved University.
Age Limit: in between 21 to 26 years as on 1st January 201
Selection Procedure: Selection procedure under goes through written test, screening test, group test and interview.
Application Mode: Off Line Application Mode
Exam/Application Fee: Not applicable
Indian Air Force Commissioned Officer Exam Syllabus, Pattern 2015
Material like previous test papers, syllabus, exam pattern, practice papers will be available in official login page i.e indianairforce.nic.in
How to apply Indian Air Force Commissioned Officer Recruitment 2015-2016
- At First candidates can enters to official login page indianairforce.nic.in
- In Recruitment section you will get the link of IAF Application Form
- Click on that link and download application form
- Attach required copies of all supporting documents in prescribed size
- Make sure that there is no mistake in the information you provided before submission
- Then send it to the address mentioned below
- Save a hard copy of submitted application form
- Make a note of Registration Id for further reference
Website: indianairforce.nic.in
Download Advertisement 2015
Application Form
Important Dates
- Application Form Commencement from – 05.12.2015
- Last date to Submit Online Application Form – 02.01.2016 and 09.012016 for far flung areas
Source SaPost blog
Bhuvan Indiapost Geo Tag App Operating Procedure
Bhuvan IndiaPost App is a user-friendly mobile application which enables to collect and report for geo-tagged of Post Office information on various parameters such as type of post office, name, services offered, delivery status, PIN-code and address. This mobile app will provide a platform for controlled crowd sourcing to build spatial database on Bhuvan Geo-platform.
For direct download type URL:
For visualisation and download option type URL:
The Internet connectivity is not required during data collection process. The internet connection through GPRS or 3G or 4G or wi-fi is necessary only to upload the data collected on Bhuvan IndiaPost Server.
The user is advised to ensure GPS is switched-on with high accuracy before opening the app.
When the app is opened for the first time, the user is expected to fill his/her profile details. The details provided will be used only for the purpose to identify the source of data and will not be shared with anyone.
The details required to be entered under "Profile" are
- User ID (Any ID of your choice),
- Your Name with designation.
- Your Mobile Number and
- Your Organisation and Place.
The step by step procedure for using the app is given below. The main tasks in this app are
- Collecting location information using GPS ,
- Taking photograph of the location (two photos),
- Adding additional information about the location and
- Sending the collected information to Bhuvan IndiaPost server, either immediately or later.
Instructions
Step 1. Stand over or front of the post office building (Open to Sky), check for GPS accuracy notification on the top. When the accuracy value is less than 10 m and stable (not fluctuating), tap the "GPS" icon to collect the location (Latitude and Longitude) details in the background. A confirmation window pops-up with GPS accuracy. Tap "OK" if the accuracy is acceptable, otherwise tap "Cancel" to cancel the collection of location data and wait for some more time to get better GPS accuracy.
Ensure that there is a clear sky view for receiving GPS satellite signals.
Step 2. The app has provision to capture and upload two photographs of the location. Tap the "Photo" icon to activate your mobile camera for taking photographs. Capture first photograph of the post office from the road. Tap on "Photo" icon again to take the second photograph. The second photo must represent facilities inside the post office.
You can preview the photographs taken by tapping the "Preview" icon that appears below the "Photo" icon. Provision to enter text about the photographs.
Step 3. The user is expected to upload additional information about the location by tapping "Attribute" icon. The information such as post office, its name, services offered, delivery status, PIN-code and address, etc or any other related description about the post office can be uploaded using this option.
Step 4. Once the user is satisfied with the information collected and ready for uploading the information to Bhuvan IndiaPost server, user may tap the "Send" icon to upload all the information collected immediately. User is advised to ensure that mobile data is switched-on before tapping the "Send" icon. The User is advise to wait till for confirmation message appears "Data sent successfully".
Step 5. In case of non-availability of Internet connectivity, the user is advised to tap "Save" icon. This will store the information collected in the mobile itself. Once the Internet connectivity is established, user may follow Step 6 to upload the data to Bhuvan IndiaPost server. The Wi-Fi facility of Internet modem (like BSNL at home or office) can also be used to connect for internet facility in the mobile.
Step 6. In order to upload the saved data to Bhuvan IndiaPost server, user is advised to tap "Manage" icon. Then tap "Send Later" icon. This will list the data collected and stored in the mobile. Select the data that needs to be uploaded and then tap "Send" icon to upload the data to Bhuvan IndiaPost server. Wait for confirmation message "Data sent successfully" appears once the upload is successful.
Managing your data :
The app provides facility for the user to manage the data uploaded by the user. User can view the sent data and also view any data that failed to upload. This will enable user to upload the data again by tapping "Sent Failed" icon. Users may note that there is provision to edit attribute value in "Send Later" and "Sent Failed" options.
User can also view or edit the profile information by tapping "Profile" icon.
To exit from the software, tap "Exit" icon.
Source : SA Post blog
FDCapp - Bhuvan IndiaPost version 1.3
Financial Impact on Employees Under National Pension Scheme (NPS)
The National Pension System (NPS) has been designed giving utmost importance to the welfare of the subscribers under NPS. There are a number of benefits available to the employees under NPS. Some of the benefits are enlisted below:
• NPS is a well designed pension system managed through an unbundled architecture involving intermediaries appointed by the Pension Fund Regulatory and Development Authority (PFRDA) viz, pension funds, custodian, central record keeping and accounting agency, National Pension System Trust, trustee bank, points of presence and annuity service providers. It is prudently regulated by PFRDA which is a statutory regulatory body established to promote old age income security and to protect the interests of subscribers of NPS.
• Dual benefit of low cost and power of compounding – The pension wealth which accumulates over a period of time till retirement grows with a compounding effect. The all-in-costs of the institutional architecture of NPS are among the lowest in the world.
• Tax Benefits – The tax benefits are available to the NPS subscribers under the provisions of the Income-tax Act, 1961. These were further increased in the Finance Bill, 2015.
• Transparency and Portability is ensured through online access on the pension account by the NPS subscribers, across all geographical locations and portability of employments.
• Partial withdrawal – subscribers can withdraw upto 25% of their own contributions before attaining superannuation age, subject to certain conditions.
Some representations have been received from certain quarters against the implementation of the NPS. The main demand in these representations is that NPS may be scrapped and the Government may revert to old defined benefit system. But the Government does not propose to reimplement the old pension scheme by doing away with NPS.
This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.
Monday, 7 December 2015
House Rent Allowance (HRA)-7th Pay Commission Analysis and Recommendations
Presently, HRA is payable at the following rates:
Source: PoTools blog
Population of Cities/Towns | Class of Cities/Towns | HRA rates as % of Basic Pay (including MSP and NPA) |
50 Iakh and above | X | 30 |
50-5 Iakh | Y | 20 |
Below 5 lakh | Z | 10 |
There are a large number of demands for paying HRA as a percentage of (Basic Pay + DA), instead of as a percentage of Basic Pay alone, as at present. Representations have also been received regarding enhancement of percentage rates and having only two classifications of Metros and Non-metros (instead of the present classification of X, Y and Z cities).
5 PBORs of uniformed forces have vehemently argued for doing away with the concept of Authorized Married Establishment and the requirement of a minimum age of 25 years for grant of Compensation in Lieu of Quarters (CILQ).
Commission recommends that HRA
should be rationalized to 24 percent, 16 percent and 8 percent of the Basic Pay for Class X, Y and Z cities respectively. However, the Commission also recognizes that with the current formulation, once the new pay levels are implemented, the compensation towards HRA will remain unchanged until such time as the pay and allowances are next revised. Going by the historical trend this event is likely to be a decade away. Some representations have been received stating that towards the later part of the ten year period the HRA compensation falls considerably short of the requirement. Having regard to this, the Commission also recommends that the rate of HRA will be revised to 27 percent, 18 percent and 9 percent when DA crosses 50 percent, and further revised to30 percent, 20 percent and 10 percent when DA crosses 100 percent.
Commission recommends that HRA
Population of Cities/Towns | Class of Cities/Towns | HRA rates as % of Basic Pay (including MSP and NPA) |
50 Iakh and above | X | 24 |
50-5 Iakh | Y | 16 |
Below 5 lakh | Z | 8 |
HRA when DA crosses 50%
Population of Cities/Towns | Class of Cities/Towns | HRA rates as % of Basic Pay (including MSP and NPA) |
50 Iakh and above | X | 27 |
50-5 Iakh | Y | 18 |
Below 5 lakh | Z | 9 |
HRA when DA crosses 100%
Population of Cities/Towns | Class of Cities/Towns | HRA rates as % of Basic Pay (including MSP and NPA) |
50 Iakh and above | X | 30 |
50-5 Iakh | Y | 20 |
Below 5 lakh | Z | 10 |
MACP for Non-Gazetted Administrative Posts
MACP for Non-Gazetted Administrative Posts
One of our reader Mr.Amit writes to us regarding the MACP scheme for non-gazetted administrative posts…
The MACP for non-gazetted administrative posts should be changed into Promotional Basis ATLEAST ONE POINT OF TIME AT THE LEVEL FROM GROUP-B NON-GAZETTED POST TO GROUP-B GAZETTED POST instead of just increase in grade pay. Many seniormost employees who have already put more than 20, 30, 40 years, because of non-availability of vacancy, they are still in the same designation (that means in the non-gazetted post only) by getting only minimum increase in the grade pay and retire without getting promotion to the next higher position in the gazetted post even though they are eligible for promotion to the gazetted level post. In a same group of employees, some will get regular promotion very early when vacancy arises and the remaining will be in non-gazetted post only for so many years for getting the promotion and some will retire from the same post cursing their fate and the government.
Hence, it is required that those who have completed minimum residency period in the present post, or ATLEAST THOSE WHO HAVE COMPLETED 20 YEARS OF REGULAR SERVICE FROM THE DATE OF PRESENT POST (I.E., FROM THE DATE OF BECOMING ASSISTANT/SR.STENOGRAPER IN GROUP-B NON-GAZETTED POST) they should be given promotion under MACP from Group-B Non-Gazetted Level to Group-B Gazetted Level.
If 7th CPC and the government agrees for change of MACP system into promotional basis, its effective date, Commission’s / Government’s FOREMOST DUTY IS TO PROTECT THE SENIORS FIRST. THAT MEANS, THE SENIORS SHOULD BE GIVEN PROMOTION FIRST, THEN ONLY THE JUNIORS SHOULD GET PROMOTION. OTHERWISE, JUNIORS WILL GET PROMOTION TO THE NEXT HIGHER POST FROM THE DATE OF EFFECT OF MACP IN 7TH CPC AND THE SENIORS WILL BE IN THE SAME OLD DESIGNATION. Already the seniors are not benefitted in 6th cpc, atleast they should be benefitted by getting promotion BEFORE THE JUNIORS GET.
THIS HAS TO BE TAKEN CARE BY ALL THE FEDERATIONS, 7TH CPC AND THE GOVERNMENT.
Source: 7th Pay Commission News
Subscribe to:
Posts (Atom)