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FlashFLASH**** UNION CABINET APPROVED OROP REVISION FROM 01/07/2019 & ARREARES WILL BE PAID IN FOUR INSTALLMENTS**** New ***** *UNION CABINET APPROVED OROP REVISION FROM 01/07/2019 & ARREARES WILL BE PAID IN FOUR INSTALLMENTS
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  • Sunday 17 June 2018

    7th CPC Revision of pension to retired employees of Kendriya Vidyalaya Sangathan

    KENDRIYA VIDYALAYA SANGATHAN
    18.Institutional Area, Shaheed Jeet Singh Marg
    New Delhi 110 016
    Fax:26514179, Tel: 26858570
    website:www.kvsangathan.nic.in

    F.11015-3/2017-KVS (Admn-I)/ VoIII
    Date: 14.06.2018
    The Deputy Commissioner/ Director
    Kendriya Vidyalaya Sangathan
    All Regional Offices/ ZIETs.
    Sub: Revision of pension as per 7th CPC to retired employees of Kendriya Vidyalaya Sangathan – Reg.
    Sir/ Madam
    I am to refer to MHRD’s letter F.No.3-45/2017-UT.2 dated 13th June, 2018 and to convey the approval of the Govt. of India for revision of pension and pensionary benefits to the staff of Kendriya Vidyalaya Sangathan as per the 7th CPC in terms of D/o P&PW OM No.38/37/2016-P&PW (A) dated 4.8.2016, OM No.38/37/2016-P&PW (A) dated 12.05.2017 and OM No.38/37/2016-P&PW (A) dated 6.7.2017. These benefits will be applicable to employees of KVS who retired post 1.1.2016 as well as for revision of pension/ family pension of those pensioners / family pensioners who have retired prior to 1.1.2016.
    The Copies of the D/o P&PWs OMs, above may be downloaded from official website of Ministry of Personnel, P.G.and Pensions.
    This issues with the approval of the Competent Authority.
    Yours faithfully,
    Dr.Shachi Kant)
    Joint Commissioner (Pers.)
      CLICK TO REFER ORIGINAL AUTHORITY LETTER

    Tuesday 12 June 2018

    PETITION FILED IN CAT PB AGAINST GOVT REJECTION OF OPTION 1 BY THE SAME S-29 ASSOCIATION WHO FILED PETITION IN CAT PB FOR DL-33 & MODIFIED PARITY

    WRONGLY CALCULATED CORR PPO OF POST 2016 GP Y SUB 28 years

    COPY OF ORIGINAL PPO POST 2016 GP Y SUB
    COPY OF CORR PPO OF ABOVE PPO
    Warrant Officer (Group - Y)
    Pre-revised scale : 6600-170-9320
    Revised Pay Bank PB-2 + Grade Pay + MSP : 9300 - 34800 + 4600 + 2000
    Pre-revised
    Basic Pay
    Revised Pay
    Pay in the scale
    Pay in the Pay Band
    Grade Pay
    Military Service Pay
    Total Revised Pay
    6600
    12280
    4600
    2000
    18880
    6770
    12600
    4600
    2000
    19200
    6940
    12910
    4600
    2000
    19510
    7110
    13230
    4600
    2000
    19830
    7280
    13550
    4600
    2000
    20150
    7450
    13860
    4600
    2000
    20460
    7620
    14180
    4600
    2000
    20780
    7790
    14490
    4600
    2000
    21090
    7960
    14810
    4600
    2000
    21410
    8130
    15130
    4600
    2000
    21730
    8300
    15440
    4600
    2000
    22040
    8470
    15760
    4600
    2000
    22360
    8640
    16080
    4600
    2000
    22680
    8810
    16390
    4600
    2000
    22990
    8980
    16710
    4600
    2000
    23310
    9150
    17020
    4600
    2000
    23620
    9320
    17340
    4600
    2000
    23940
    WITH THE ABOVE DATA VIEWERS ARE REQUESTED TO CALCULATE HIS CORRECT BASIC PENSION AS PER 7TH CPC WHICH IS WRONGLY CALCULATED IN CORR PPO & DISCUSS IN DETAIL

    Sunday 10 June 2018

    LATEST PPO COPY OF 2018 RETIRED X GP SGT 20 YEARS


    JOVA TAMIL NADU SUCCESSFULLY CONDUCTED IT AGM TODAY AT TAMBARAM,CHENNAI

    JOVA Working Chairman Vn Mohanarangan addressing the AGM
    Vn Mohanaranagan Working Chairman At Dias
    Vn Dr.Murugesan Giving Felicitation Speech
    Chairman & Other office bearers at Dias
    Mrs Sri Latha D/O Late Vn Iyyappan Requests Assistance to get the arrears of her Late Vn Father  & JOVA Assured her all help in this regard

    A GLANCE AT THE PBOR RANK LEVELS & PAY MATRIX

     7th Pay Commission Pay Matrix Table for PBORs (Army, Air Force, Navy) as per the Gazette Notification issued by Ministry of Defence on 3rd May 2017.
    7th CPC Pay Matrix Levels and Rank of PBORs in Navy
    Level of Ranks : The comparitive tables for three Defence Forces (Army, Air Force, Navy) has been givne in the Gazette Notification issued by the MoD on 3rd May 2017.
    Level of ranks.– the Level of ranks shall be determined in accordance with the various Levels as assigned to the corresponding existing Pay Band and Grade Pay (including under Modified Assured Career Progression) as specified in the Pay Matrix. The Level in Pay Matrix corresponding to the rank of a Sailor is specified in Part B of the Schedule.
    Sl. No.
    Rank
    Level in Pay Matrix
    (a)
    Seaman I/II
    3
    (b)
    Leading Seaman
    4
    (c)
    Petty Officer
    5
    (d)
    Mechanicians and Artificers
    5A
    (e)
    Chief Petty Officer
    6
    (f)
    Master Chief Petty Officer II
    7
    (g)
    Master Chief Petty Officer I
    8
    (h)
    Honorary Second Lieutenant
    10
    (i)
    Honorary Lieutenant
    10B
     7th CPC Pay Matrix Levels and Rank of PBORs in Air Force
    Level of Ranks : The comparitive tables for three Defence Forces (Army, Air Force, Navy) has been givne in the Gazette Notification issued by the MoD on 3rd May 2017.
    Level of ranks.– The Level of ranks shall be determined in accordance with the various Levels as assigned to the corresponding existing pay band and grade Pay (including under Modified Assured Career Progression) as specified in the Pay Matrix and the level in pay matrix corresponding to the rank of a Warrant Officer/
    Sergeant/Corporal/Leading Aircraftsman/Aircraftsman is specified in Part B of the Schedule.
    Sl. No.
    Rank
     Level in Pay Matrix
    (a)
    Aircraftsman – Leading Aircraftsman
    3
    (b)
    Corporal
    4
    (c)
    Sergeant
    5
    (d)
    Junior Warrant Officer
    6
    (e)
    Warrant Officer
    7
    (f)
    Master Warrant Officer
    8
    (g)
    Honorary Flying Officer
    10
    (h)
    Honorary Flight Lieutenant
    10B
     7th CPC Pay Matrix Levels and Rank of PBORs in Army
    Level of Ranks : The comparative tables for three Defence Forces (Army, Air Force, Navy) has been given in the Gazette Notification issued by the Ministry of Defence on 3rd May 2017.
    Level of ranks:  The Level of ranks shall be determined in accordance with the various Levels as assigned to the corresponding existing Pay Band and Grade Pay (including under Modified Assured Career Progression) as specified in the Pay Matrix and the Level in pay matrix corresponding to the rank of a Junior Commissioned Officer/ Other Rank is specified in Part B of the Schedule.
    Sl. No.
    Rank
     Level in Pay Matrix
    (a)
    Sepoy
    3
    (b)
    Naik
    4
    (c)
    Havildar
    5
    (d)
    NaibSubedar
    6
    (e)
    Subedar
    7
    (f)
    Subedar Major
    8
    (g)
    Honorary Lieutenant
    10
    (h)
    Honorary Captain
    10B

    Monday 4 June 2018

    Date up to which enhanced family pension payable: for 7 years or 67 years of age of deceased retired govt servant whichever is less

    GOVERNMENT OF INDIA
    MINISTRY OF FINANCE
    DEPARTMENT OF EXPENDITURE
    CENTRAL PENSION ACCOUNTING OFFICE
    TRIKOOT-II, BHIKAJI CAMA PLACE,
    NEW DELHI - 110066

    CPAO/IT&Tech/Clarification/13(Vol-Ill)/2018-19/32
    28.05.2018
    Office Memorandum
    Subject:- Date up to which enhanced family pension payable.
    Department of Pension & Pensioners Welfare has clarified vide its ID No.1/1(5) 2018-P&PW (E) 32206 dated-12.04.2018 that family pension at enhanced rates will be payable for 7 years or till the deceased retired government servant would have attained the age of 67 years had he survived, whichever is less, irrespective of type of retirement, date of retirement and age of superannuation applicable in the case of retired Govt. servant. This would equally apply in all Central Civil Govt. Departments/ Offices including Central Armed Police Forces (CAPF) and Medical Officers.
    This issues with the approval of Chief Controller (Pensions).
    (Md. Shahid Kamal Ansari)
    (Asstt. Controller of Accounts)
    Ph No.011-26103074 

     

    Sunday 3 June 2018

    Higher Basic Exemption Limits for senior citizens under income tax

    Individual tax payers the basic exemption limit, up to which he is not required to pay any tax, is presently capped at Rs. 2.50 Lakhs.  However for resident senior individual citizens who have completed the age of 60 years and yet to complete 80 years  the limit is Rs. 3 lakhs. For resident individual tax payer over 80 years does not have to pay any tax up to Rs. 5 lakhs annual income.
    • 2. Higher Deduction limit under Section 80D for senior citizens under income tax

      For all senior citizens deduction upto Rs. 50,000/- for health insurance premium can be claimed by themselves or their children. From current year, in case the senior citizen does not have any medical insurance, deduction upto Rs.50,000/- can be claimed for any medical expenses including day today expenses as well as for hospitalization. Earlier this benefit was available to only for the senior citizens who had completed 80 years of age.

      3. Higher Deduction Limit for interest from Banks and Post Office under Section 80TTB for senior citizens under income tax

      Upto last year a deduction upto Rs. 10,000 was available in respect of interest from saving bank account but from current year all the senior citizen can claim  deduction not only for saving bank interest but also for  interest on any deposit with post office or bank and that too upto Rs. 50,000/- in a financial year. So now from current year senior citizens will be able to claim enhanced deduction upto not only on fixed deposits but also on the deposits made under Senior Citizen Savings Scheme(SCSS). The law has also been changed to provide that the no tax deduction at source will happen for senior citizen as long as interest on all these deposits for all the branches of a bank taken together does not exceed Rs. 50,000/- in a year. While arriving at the amount of Rs. 50,000/- interest on saving bank account shall be excluded as there is no provision for tax deducting at source on it irrespective of amount credited during the year. So a senior citizen has to submit form No. 15H only if he wants to receive the interest without deduction of tax at source and such interest exceeds Rs.50,000 in  a year.

      4. Higher Deduction limit under Section 80DDB for senior citizens under income tax

      Tax laws allow the tax payers a deduction in respect of expenses incurred for medical treatment of self or dependent relatives. For general tax payers the amount of deduction available is Rs. 40,000/- but in case the expenses are incurred in respect of a senior citizen the entitlement goes to Rs. 1 lakh in a year.

      5. Exemption from Payment of advance tax tosenior citizens under income tax

      In case your tax liability after reducing the amount of TDS is more than Rs. 10,000/- in a year, you are required to pay advance tax in four installments. However senior citizens are exempted from requirement of payment of advance tax provided they  do not have any income under the head "Profits and Gains of Business or Profession". The senior citizen can discharge their tax liability at the time of filing their ITR.