PROMOTION ORDERS FOR 13 JUNIOR ENGINEERS ISSUED

Promotion orders for 13 Junior Engineers have been issued on 20-03-2015.

TRANSFER ORDERS FOR AD-II/SDE ISSUED

PROPOSAL TO PROVIDE LTC TO GOVERNMENT EMPLOYEES TO VISIT SAARC COUNTRIES IS UNDER CONSIDERATION

A proposal to provide Leave Travel Concession (LTC) to Government employees to visit some SAARC countries is in its initial stage of consideration. The details are yet to be finalized.

The purpose behind the proposal is to enhance people-to-people contact and bilateral ties in the SAARC region through increase in tourism in the region.

 As per the Government’s order dated 26.09.2014, the Government has extended the facility of conversion of home town LTC to visit the states in the North East Region, Jammu & Kashmir and the UT of Andaman & Nicobar Islands for a period of two years up to 25.09.2016. This facility was first introduced in the year 2008.

Presently, no other proposal is under consideration for including more places under the conversion of Home Town LTC to anywhere in the country.

This was stated by the Minister of State for Personnel, Public Grievances and Pensions and Minister of State in Prime Minister’s office Dr. Jitendra Singh in a written reply to a question by Shri M. Raja Mohan Reddy in the Lok Sabha on 13-03-2015.

NO PROPOSAL UNDER CONSIDERATION OF THE GOVERNMENT TO CURTAIL THE PUBLIC HOLIDAYS FOR GOVERNMENT EMPLOYEES

As per the existing policy, the Central Government Administrative Offices observe up to 17 holidays in a year on specified occasions which consist of 3 National Holidays (on 26th January, 15th August and 2nd October) and 14 other holidays to celebrate festivals of different regions/religion in a diverse country like India.

At present there is no proposal under consideration of the Government to curtail the public holidays for government employees.

This was stated by the Minister of State for Personnel, Public Grievances and Pensions and Minister of State in Prime Minister’s office Dr. Jitendra Singh in a written reply to a question by Shri S. Thangavelu in the Rajya Sabha on 13-03-2015.

MACPS ON PROMOTIONAL HIERARCHY:

TRANSFER PETITIONS OF SHRI NARAYAN KALITA (373/2015) & SANJAY KUMAR (377/2015) ACCEPTED BY THE HON SUPREME COURT.

The Transfer Petitions of Shri Narayan Kalita (CPWD) & Ors from Guwahati High Court and Sanjay Kumar (Defence) from Delhi High Court regarding grant of MACPS on promotional hierarchy  filed with support of CPWD ENGINEERS ASSOCIATION has been accepted by Supreme Court on 13/03/2015. According to the Association's web site posting, short Notices in this respect have been served to Union of India. These petitions may be clubbed with the four SLPs on MACPS on promotional hierarchy, already under consideration of the Supreme Court.

      

May God gift you all the colors of life, colors of joy, colors of happiness, colors of friendship, colors of prosperity, colors of love and all other colors you want to paint in your life.

INCOME TAX STRUCTURE 2015-16 – NO CHANGE IN INCOME TAX EXEMPTION LIMIT

No change in Income Tax Exemption Limit – 
More Income Tax exemption for health insurance and Transport Allowance

We provide here the Income Tax Structure for the financial year 2015-16 (Assessment Year 2016-17) as per Budget presented by the Finance Minister on 28-02-2015-

1. No change in Slab rate for Individuals.

 2. Transport allowance exemption increased from Rs.800 to Rs.1600.

 3. Medical Insurance exemption increased from Rs.15000 to Rs.25000

 4. Extra Cess of 2% for ‘Swacch Bharat Abhiyan’.

 5. Corporate Slab rate changed from 30% to 25% for forthcoming 4 years.

 6. Abolishment of Wealth tax.

 7. 2% surcharge for Super rich individuals (having annual income more than Rs. 1 Crore).

 8. Sukanya Smridhi Scheme eligible for Section 80C and interest would be tax free.

 9. PAN card mandatory for transaction above Rs. 100000.

(i) The rates of income-tax in the case of every individual (other than those mentioned in (ii) and (iii) below)

Upto Rs. 2, 50,000	Nil.
Rs. 2,50,001 to Rs. 5,00,000	10 per cent.
Rs. 5,00,001 to Rs. 10,00,000	20 per cent.
Above Rs. 10,00,000	30 per cent.

(ii)  In the case of every individual, being a resident in India, who is of the age of sixty years or more but less than eighty years at any time during the previous year,-

Upto Rs. 3,00,000	Nil.
Rs.3,00,001 to Rs. 5,00,000	10 per cent.
Rs. 5,00,001 to Rs.10,00,000	20 per cent.
Above Rs. 10,00,000	30 per cent.

(iii) in the case of every individual, being a resident in India, who is of the age of eighty years or more at anytime during the previous year,-

Upto Rs. 5,00,000	Nil.
Rs. 5,00,001 to Rs. 10,00,000	20 per cent.
Above Rs. 10,00,000	30 per cent.

Other Budget 2014 highlights relating to Income tax 2014-15

• ·         Personal tax exemption limit raised to Rs 2.5 lakh from current Rs 2 lakh for taxpayers below 60 years
• ·         Senior citizens’ tax exemption limit hiked from Rs 2.5 lakh to Rs 3 lakh
• ·         No change in surcharge for corporates, individuals
• ·         Education Cess to stay at current 3%
• ·         Investment limit under Section 80C hiked to Rs 1.5 lakh from current Rs 1 lakh.
•        Exemption on housing loans interest on self-occupied property increased from Rs 1.5 lakh to 2 lakh