Friday, February 17, 2017

Media Report : Allowance committee may suggest betterment of HRA

The committee formed to examine allowances for central Govt. employees may submit it's report to Finance Ministry on Monday, the 20th February 2017.
Also Read 

Report on allowances likely to be submitted on Monday

According to media report as published in Financial Express,
"A year after implementation of the new pay- and pension-related recommendations of the Seventh Central Pay Commission (CPC), the government is likely to approve the revised allowances proposed by it for central government staff after the ongoing state elections are over, by March 15. The reworked allowances are likely to be effective from April 1 and at least in the case of the employees in metro cities, the house rent allowances (HRA) could be a little more generous than the CPC’s award, sources told FE.
Taking note of employees’ representations, a finance secretary-led panel is looking at HRA of 30% of basic pay for those in cities with a population of over 5 million, against 24% recommended by CPC, the sources said. In the Sixth CPC award period (2006-2015), HRA was 30% for these cities. A draft Cabinet note for implementation of the revised allowances would be circulated soon, the sources said. HRA accounts for about 60% of the total allowances bill."

Wednesday, February 15, 2017

Report on allowances likely to be submitted on Monday

It is reported that Lavasa committee, which is currently examining allowances recommended by 7yh Pay Commission for Central Govt. employees, to submit it's report to Finance Ministry on Monday, 20th February.
Finance Minister Arun Jaitley formed ‘Committee on Allowances’ for examination of the recommendations of 7th Pay Commission on allowances other than dearness allowance as the pay commission had recommended abolition of 51 allowances and subsuming 37 others out of 196 allowances.
The committee had an original time frame of four months but latter Govt. extended it's tenure upto 22nd February by it's own, possible to buy more time.
Possibility of arrears from August 2016 ?
“The government plans to pay pay higher allowance, under 7th Pay Commission recommendations, with retrospective effect from August 2016, central government employees unions demanded for implementation of the allowances with retrospective effect from January 2016,” - according to sources (as published by a popular website).

Saturday, February 11, 2017

Clarification on LTC Claim by Central Govt. Employees

Department of Personnel and Training issued a clarification regarding procedural aspects of Leave Travel Concession available for Central Govt. employees. 
It is basically a clarification related to those journeys partially performed by employees by pvt. vehicles or own arrangement.
Salient features are :
(a)In all such cases the Government servant may be required to submit a declaration that he and the members of the family in respect of whom the claim is submitted have indeed travelled upto the declared place of visit. 
(b) If a public transport is available in a particular area, the Government servant will be reimbursed the fare admissible for journey by otherwise entitled mode of public transport from the nearest airport/railway station/bus terminal to the declared place of visit by shortest direct route. 
(c) In case, there is no public transport available in a particular stretch of journey, the Government servant may be reimbursed as per his entitlement for journey on transfer for a maximum limit of 100 Kms covered by the private/personal transport based on a self-certification from the Government servant. Beyond this, the expenditure shall be borne by the Government servant.  
Click here for the full O.M. dated 09.02.17

Thursday, February 9, 2017

Higher Allowances for central staff likely from 1st April

7th Pay Commission: Govt not to hike minimum pay, higher allowances to be paid from April 1

No Arrears likely.
 In a setback to central government employees, Centre has decided not to hike minimum pay under the 7th Pay Commission recommendations. Higher allowances and minimum pay under the 7th Pay Commission have been the major bone of contention among majority of the central government employees. The government seems in no mood to increase minimum pay of Rs 18,000 under the 7th Pay Commission. Though the government is expected to announce higher allowances in March, it had no plan to give allowances in arrears from August.

Wednesday, February 1, 2017

All-India CPI-IW for December, 2016 : View likely Central and Bank D.A.

Update : IBA issued D.A /D.R circular
(see the circular links in the bottom)
The All-India CPI-IW for December, 2016 decreased by 2 points and stood 275 (two hundred and seventy five).

2% more D.A. for central employees w.e.f. January 2017
Consequent on decrease of 2 point decrease in AICPI (IW) in December 2016, Increase in Dearness Allowance for Central Government Emplyees and Pensioners with effect from January 2017 estimated to be 2%.

D.A. for Bank employees to reduce by 9 slabs
DA payable to employees for the Quarter Feb. to April 2017 shall be 469 slabs i.e. a decrease of 9 slabs from the current level . (Source : Mr Debashis Das)
Click here for IBA Circular for D.A. from Feb'17
Click here for Dearness Relief circular for Pensioners

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