Wednesday, March 4, 2015

Confusion over holi holiday for central offices in West Bengal

West Bengal is going to observe Holi (Popularly known as dolyatra), tomorrow, the 5th March 2015 but as per the holiday list published by Central Government Employees' Welfare Co-ordination Committee, Kolkata, the holiday is scheduled on 6th March like rest of the country.
Click here to view the holiday list.
It may be mentioned that this committee is empowered to change a few holidays as per the local custom and practice.
In West Bengal, like most other part of the country, life practically comes to a halt as public transport is rarely visible in the day of festival of colour and it will be really hard for the office goers to find any transport tomorrow. As per the news available with us, service associations are trying hard to get the holiday changed but upto nearly 6 PM, no update is available with us.
Stay tuned for any possible update.

Monday, March 2, 2015

Seventh Pay Commission likely to submit report in October 2015

The government appointed the Seventh Pay Commission on 28 February 2014 under chairman justice Ashok Kumar Mathur with a timeline of 18 months to make its recommendations. Though the deadline for submitting the report ends in August this year, the SPC is likely to seek extension till October.
 The Sixth Pay Commission which was constituted in October 2006 had submitted its report in March 2008. 
As a result of the recommendations of the Sixth Pay Commission, pay and allowances of the Union government employees more than doubled between 2007-08 and 2011-12—from Rs.74,647 crore to Rs.166,792 crore, according to the Fourteenth Finance Commission estimates.
Source : Livemint (Click here to read the full article)

Saturday, February 28, 2015

Union Budget 2015-16 : At a glance

TAXATION
1Abolition of Wealth Tax.
2Additional 2% surcharge for the super rich with income of over Rs. 1 crore.
3Rate of corporate tax to be reduced to 25% over next four years.
4No change in tax slabs.

AICPIN (IW) increased by one point for January 2015

All India Consumer Price Index Number (AICPIN)for Industrial Workers (IW)Base 2001=100 for the month of January 2015  has been released by Labour Bureau,Ministry of Labour ,GOI which stood 254 points with an Increase of 1 points while compared to December figure.
It may be noted that this is the change after August 2014. During the meanwhile index stood flat at 253 for long.

Thursday, February 26, 2015

Rail Budget 2015-16 : Salient Features

Image result for train clipart
  • No hike in Railway Passenger Fares
  • No new trains announced
  • Plan Outlay proposed Rs. 1,00,011 crore, increased by 52%
  • Allocation for passenger amenities up by 67%

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