BPS – CG Staff News https://cgstaffnews.in Gazetted Holiday List ✓ Restricted Holiday List ✓ School Holiday List ✓ Election Holidy List ✓ Court Holiday List Thu, 04 Jul 2019 09:06:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 https://cgstaffnews.in/wp-content/uploads/2020/08/cropped-cgstaffnews-logo-32x32.jpg BPS – CG Staff News https://cgstaffnews.in 32 32 Pension Exempt from Income Tax – BPS writes to FM https://cgstaffnews.in/pension-exempt-from-income-tax-bps-writes-to-fm/ https://cgstaffnews.in/pension-exempt-from-income-tax-bps-writes-to-fm/#respond Mon, 26 Nov 2018 08:00:44 +0000 http://www.cgstaffnews.in/?p=17008 Read more]]> Pension Exempt from Income Tax – BPS writes to FM

Pension of Ex-Govt Employees to be Net of Income Tax Dt – 23.11.18

BHARAT PENSIONERS SAMAJ

(All India Federation of Pensioners Association)
2/13-A-LGF Backside, Jangpura – ‘A’, New Delhi – 110 014

No BPS/ SG/pension/I.Tax/018/1

Dated: 23.11.2018

To
The Arun jaitley ji
Honorable Cabinet Minister for Finance
Government of India

Subject: Pension of ex-Govt employees to be net of Income Tax

Sir,
With passage of time, the purchase value of pension due to steep rise in the cost of food items, caregivers and medical facilities etc gets substantially reduced. Due to inflation coupled with low interest rates value of their deposits in Banks/Post offices etc too go on reducing year by year adversely affecting the net-worth of Pensioners. Thus compelling them to compromise their standard of dignified living.

As was worked out & recommended by TECS (Tata Economic Consultancy Services) consultant to Vth CPC (Para 127.9 Vol III 5th CPC report) Pension need to be 67% of the last drawn to enable a pensioner to live with the same standard to which he was living while in service (Supreme Court pronouncement in DS Nakara vs UOI) but only 50% of last drawn is being paid. Old age relief given to Sr citizen in Income tax is too little to compensate.

You are therefore, requested to reconsider & accept the recommendation of Vth CPC vide their 167.11(copy attached) in this regard and spare the pension/family pension along with DR & FMA from the levy of income-tax.

Further to compensate fall in purchase value of their savings in deposits with banks & post offices rate of interests for senior citizens on their deposits should be 2% above the normal rate of interests as against the existing 0.25% to 0.50%.

Hoping for your sympathetic consideration

Thanking you in anticipation

With Regards
Sincerely yours,
S.C.Maheshwari
Secy Genl Bharat Pensioners Samaj

Source: https://scm-bps.blogspot.com/

Similar Posts:

]]>
https://cgstaffnews.in/pension-exempt-from-income-tax-bps-writes-to-fm/feed/ 0
DA to Bank Employees & Officers from Feb to Apr 2018 under 19th BPS Joint Note https://cgstaffnews.in/da-to-bank-employees-officers-from-feb-to-apr-2018-under-19th-bps-joint-note/ https://cgstaffnews.in/da-to-bank-employees-officers-from-feb-to-apr-2018-under-19th-bps-joint-note/#respond Mon, 05 Feb 2018 16:38:53 +0000 http://www.cgstaffnews.in/?p=12179 Read more]]> DA to Bank Employees & Officers from Feb to Apr 2018 under 19th BPS Joint Note

Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2018 under X BPS/Joint Note 25.5.2015

Indian Banks’ Association

HR & Industrial Relations

No.CIR/HR&1R/76/D/2017-18/4431

February 1, 2018

All Members of the Association
(Designated Officers)

Dear Sirs,
Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2018 under X BPS/Joint Note 25.5.2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended December 2017 are as follows:-

October 2017 – 6551.03
November 2017 – 6573.86
December 2017 – 6528.21

The average CPI of the above is 6551 and accordingly the number of DA slabs are 527(6551-4440=2111/4= 527 Slabs). The last quarterly Payment of DA was at 516 Slabs. Hence there is an increase in DA slabs of 11, i.e 527 Slabs for payment of DA for the quarter February, March & April 2018.

In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of February, March & April 2018 shall be 52.70% of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

Yours faithfully,
sd/-

S K Kakkar
Senior Advisor (HR&IR)

Authority: http://www.iba.org.in/

Similar Posts:

]]>
https://cgstaffnews.in/da-to-bank-employees-officers-from-feb-to-apr-2018-under-19th-bps-joint-note/feed/ 0
DA for Bank Employees for Aug, Sep & Oct 2017 as per 10th BPS https://cgstaffnews.in/da-for-bank-employees-for-aug-sep-oct-2017-as-per-10th-bps/ https://cgstaffnews.in/da-for-bank-employees-for-aug-sep-oct-2017-as-per-10th-bps/#respond Thu, 03 Aug 2017 07:43:57 +0000 http://www.cgstaffnews.in/?p=10601 Read more]]> Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2017 under X BPS/Joint Note dated 25.5.2015

Indian Banks’ Association

HR & Industrial Relations

No. CIR/HR&IR/76/D/2017-18/3312

August 1, 2017

All Members of the Association

(Designated Officers)

Dear Sirs,

Dearness Allowance for Workmen and Officer Employees in banks for the months of August, September & October 2017 under X BPS/Joint Note dated 25.5.2015

The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended June 2017 are as follows:-

April 2017 – 6322.77

May 2017 – 6345.60

June 2017 – 6391.25

The average CPI of the above is 6353.21 and accordingly the number of DA slabs is 478 (6353.21-4440 = 1913.21/4 = 478 slabs). The last quarterly payment of DA was at 456 slabs. Hence, there is a increase in DA slabs of 22, i.e. 478 slabs for payment of DA for the quarter August, September & October 2017.

In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015, and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of August, September & October 2017 shall be 47.80% of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.

Yours faithfully,

S K Kakkar

Senior Advisor

Similar Posts:

]]>
https://cgstaffnews.in/da-for-bank-employees-for-aug-sep-oct-2017-as-per-10th-bps/feed/ 0
7th CPC – BPS appeals to the Prime Minister for acceptance of option 1 for pension revision https://cgstaffnews.in/7th-cpc-bps-appeals-to-the-prime-minister-for-acceptance-of-option-1-for-pension-revision/ https://cgstaffnews.in/7th-cpc-bps-appeals-to-the-prime-minister-for-acceptance-of-option-1-for-pension-revision/#respond Mon, 04 Jul 2016 10:06:49 +0000 http://www.cgstaffnews.in/?p=6680 Read more]]> 7th CPC – BPS appeals to the Prime Minister for acceptance of option 1 for pension revision

SAMAJ (1)

No.SG/BPS/PC/FM/02

dt. 4.7.2016

Sh. Narendra Modi ji
Hon’ble Prime Minister Govt. of India

Sub: Parity in Pension – Revision of Pension based on first option recommended by VIICPC (Para 10.1.67(1) and accepted Conditionally by the Govt.

RespectedSir,

May I on behalf of ‘Bharat Pensioners Samaj beseech a few minutes of your highly precious time for the favour of considering following submission on behalf of Civil Pensioners of the Country:

1. Sir. there is no need of any committee to study feasbility of implementation of option l recommended by 7th CPC for the revision of pension of pre 01.01.016 pensioners& accepted conditionalty by the Govt. It can be smoothly implementedas all the requied records are available. Service records are of permanent nature & their non-availability. if true. is a case of a gross irregularity worthy of being taken serious note of.

2. Departments professing non- availability of records are misguiding the govt to avoid their own accountability as you are insisting on fast compliance. Option 1 contained in Para 10.1.67 (i) of the Pay Commission relates to the Scale of pay/pay band+grade pay in which a pensioner had retired and the stage of pay in that scale which is fuly captured in PPOs issued at the time of retirement. On the recommendations of the V Central Pay Commission full parity in pension was granted to all the pre-1986 retirees and their pension was revised by notional fixation of their pay as on 1.1.1986 & bringing them to the level of 4″ CPC Scales. Modified Parity had been granted to Pre-1996 & Pre-2006 Pensioners as per recommendation of the Filth and Sixth Pay Commissions respectively and the revision of Pension was done accordingly. All this could be done as records were available.

3. The issue of non-availability of Service Records was never raised before at any stage either before or after the Fifth or Sixth Pay Commission nor was it mentioned before the Seventh Pay Commission by any of the Govt. Department. Also it was never mentioned by UOI in any of the legal proceedings so far.

4. In rare cases where service records may not be available, the same can be generated from the information available in PPOs as also with various departments and the pensioners themselves as they hold sufficient authentic information rather than passing over a key recommendation of 7th CPC impacting all pensioners very adversely.

5. Bharat Pensioners Samaj appeal to your goodself to kindly approve the first option of parity in pension without further delay and bestow succour to pensioners in the twilight of their lives.

Thanking you and with Warm regards

Yours faithfully,

sd/-
S.C.Maheshwari
Secy. Genl. Bharat Pensioners Samaj

Similar Posts:

]]>
https://cgstaffnews.in/7th-cpc-bps-appeals-to-the-prime-minister-for-acceptance-of-option-1-for-pension-revision/feed/ 0
Inadequate Fitment Benefit recommended by 7th CPC and accepted by the Govt https://cgstaffnews.in/inadequate-fitment-benefit-recommended-by-7th-cpc-and-accepted-by-the-govt/ https://cgstaffnews.in/inadequate-fitment-benefit-recommended-by-7th-cpc-and-accepted-by-the-govt/#respond Mon, 04 Jul 2016 09:38:04 +0000 http://www.cgstaffnews.in/?p=6677 Read more]]> SAMAJ (1)

7th CPC – BPS appeals to the Finance Minister Sh. Arun Jaitlely for revision of minimum salary & fitment factor of 2.57

No. SG/BPS/PC/FM/02

  Dt: 4.7.2016

Sh. Arun Jaitley ji,

Honbfe Minister of Finance Govt. of India

Sub: Inadequate Fitment Benefit recommended by 7th CPC and accepted by the Govt.

Respected Sir.

  1. The 2.57 fitment factor recommended by the 7th CPC and accepted by the Govt. is essentially a multiple factor which is the ratio of the new minimum pay arrived at by the 7th Pay Commission (18,000) and the existing minimum pay (7,000). { Para 5.2.7 of 7th CPC report} This provides only 14 29% rise in Salary as well as in Pension which is the historically lowest raise given by any Govt. in the past seventy years. This has happened because of incorrect calculation of minimum revised salary resulted not only by adopting lower prices of commodities but also due to adoption of Aykroyd formula without updating it.
  2. It is surprising as to how a gender biased formula of Dr Aykroyd adopted by ILC in 1957 is applied, without updating, in digital India of 2016. In today’s scenario how can Indian civil society accept a formula for Minimum requirement including just 2700 food calories for a family of four with moderate physical activities which treat the lady of the house as 0.8 compared to the adult male of the house, Further more so this formula does not at all take into consideration the minimum requirement of todays digital India i.e. a smart mobile phone with an internet connection.
  3. Considering wife to be .80 unit is nothing but gender bias indicating a colonial mindset of Dr Aykroyd. In the present scenario a wife too puts in the same amount rather more of physical and intellectual work as compared to the husband. She needs more nutrients & healthcare to keep herself fit to be a mother and as an educationist for her school going children. She needs more better clothing than 1957. A lady whether she is a wife of a labourer or of a Secretary to Govt. of India, has a basic right to keep herself reasonably presentable for which she needs some minimum add-ons. As such treating her to be less than a unit is gross injustice, gender bias and unconstitutional. Similarly growing children of less than 14 years need more of proteins, fats& carbohydrates, need to take sufficient exercise & field activities for healthy growth. Today they need much better and more clothing, better education & healthcare compared to 50s. The Nation needs healthy & stout young citizens. It is against the National interest to restrict their need based minimum requirement to .6 unit.
  4. Sir, in view of the facts enumerated in lore going pares, minimum Salary & consequently the fitment factor for both Pensioners & employees need upwards revision. ‘Bharat Pensioners Samaj’ therefore, appeal to you to revisit the issue to take a favourable decision.

Thanking you in anticipation.

Yours faithfully,

S.C.Maheshwari

Secy. Genl. Bharat Pensioners Samaj

Similar Posts:

]]>
https://cgstaffnews.in/inadequate-fitment-benefit-recommended-by-7th-cpc-and-accepted-by-the-govt/feed/ 0