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Thursday, September 18, 2014

Dearness Allowance from July, 2014 @ 107% : Order issued by FinMin

Dearness Allowance from July, 2014 @ 107% : Order issued by FinMin

F. No. 1/2/2014-E.II (B)
Government of India
Ministry of Finance
Department of Expenditure
North Block, New Delhi
Dated: 18th September, 2014.
OFFICE MEMORANDUM
Subject:- Payment of Dearness Allowance to Central Government employees-Revised Rates effective from 01.07.2014.
The undersigned is directed to refer to this Ministry’s Office Memorandum No.1/ l/2014-E.II(B) dated 27th March, 2014 on the subject mentioned above and to say that the President is pleased to decide that the Deamess Allowance payable to Central Government employees shall be enhanced from the existing rate of 100% to 107% with effect from 1st July, 2014.

2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No. 1(3)/2008-E.II(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.

List of Flying Training Organisation with validity and operational status

india+flying+training
Flying Training Organisation (as on 5.6.2014)
S. No. Name of the Flying Training Organisation State Ownership Status Operational Validity

Wednesday, September 17, 2014

Due date for filing of Income Tax Return extended upto 30th Nov for State of Jammu & Kashmir

F.No. 225/268/2014/ITA.II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
North Block, ITA.II Division
New Delhi, the 16th of September, 2014
Order under Section 119 of the Income-tax Act, 1961
Considering the large scale devastation in the State of Jammu Kashmir due to heavy rains and floods, the Central Board of Direct Taxes, in exercise of powers conferred under section 119 of the Income-tax Act. 1961, hereby extends the ‘due-date’ for filing Returns of Income from 30th September, 2014 to 30"‘ November, 2014, in cases of lncome-tax assessees in the State of Jammu & Kashmir, who, as per clause (a) of Explanation 2 to sub-section (1) of section 139 of the lncome-tax Act, 1961 were liable to file their Income tax returns by 30th September 2014.

Removal of ceiling of Rs. 3500/- under Bonus Act: Format of memorandum to PM & Labour Min. by BPMS

Removal of ceiling of Rs.3500/-  per mensem under the Payment of Bonus Act, 1965 and Productivity Linked Bonus Scheme: Format of Memorandum on Agitation Programme by BPMS

To,

The Prime Minister,
Govt. of India,
South Block, Raisina Hill,
New Delhi – 110001

The
Minister of Labour & Employment
Government of India,
Shram Shakti Bhawan,
Rafi Marg, New Delhi- 110001

Through: Proper Channel
SUB: Submission of memorandum of demand
.
Hon’ble Sir,

Government considers closing some loss-making state firms like BSNL, MTNL, Air India

Government considers closing some loss-making state firms like BSNL, MTNL, Air India

 NEW DELHI: Government officials will meet on Tuesday to discuss proposals to shut down some loss-making state-owned companies, risking a conflict with powerful trade unions.

After two decades of halting privatisations, the central government still owns about 260 firms and thousands more at the state level, involved in activities ranging from generating nuclear power to making condoms.

Some of them, including Oil and Natural Gas Corporation and Steel Authority of India are successful, but there are dozens more that have been bleeding cash for decades and kept afloat by budgetary support each year.

On Tuesday, Cabinet Secretary Ajit Seth has called a meeting of top officials to consider what to do with the 10 firms that make the biggest losses. They had a combined net loss of Rs 245 billion ($4 billion) in 2012/13.

The list includes Bharat Sanchar Nigam, Mahanagar Telephone Nigam, Air India, Hindustan Photofilms and Hindustan Fertilisers Corporation, according to a note prepared by the Department of Public Enterprises.

Officials at the department have drawn up proposals to close some.
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