EMPLOYEES' FAMILY PENSION SCHEME EFPS 1971 & EMPLOYEES' PENSION SCHEME EPS 1995

All private Sector employees whose provident fund is deducted are eligible for compulsory contributory pension scheme. But it is observed that majority of these employees are not aware of this benefit . Some portion of the provident fund goes to pension fund. Minimum eligibility for pension is ten years. Even if employee changes several jobs during his career, he will get this pension provided he does not withdraw provident fund after job change. If some employee withdraws provident fund before ten years, he gets his pension fund contribution also back. The original circular is reproduced below (7 pages)

You are requested to convey this to your friends and relatives for public awareness.

EXPECTED DA RISE FROM JANUARY 2015 (1-1-2015) FOR CENTRAL GOVT. EMPLOYEES : Situation after declaration of AICPIN for October 2014.

AICPIN for OCTOBER  2014 is declared on 28-11-2014 which remained stationary at 253 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-1-2015 has been carried out with the help of  following cases:

CASE-I:  There is no change in AICPIN for next 3 months : 

         Let us assume that for next 2 months i.e. November 2014 to December 2014, the AICPIN neither rises nor declines and remains constant at 253 points for all these months. The calculation of DA rise in this case  indicates that, the DA rise would be 6% w.e.f. 1-1-2015.

CASE-II:  The AICPIN increases by ONE point every month for next 2 months:

The calculation of DA rise in this case indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 2 months:

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-IV:  The AICPIN increases alternatively by TWO points and ONE point    every month for next 2 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-V:  The AICPIN increases alternatively by ONE point and TWO points  every month for next 2 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-VI:  The AICPIN increases  by  TWO AND THREE  points  respectively  for 2 MONTHS :

Let AICPIN increases to 255 points for November 2014 and 258 points for December 2014 .
The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-VII:  The AICPIN increases by THREE points every month for next 2 months:

The calculation of DA rise in this case indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-VIII:  The AICPINDEcreases by ONE point every month for next 2 months:

The calculation of DA rise in this case indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-IX:  The AICPINDEcreases by TWO points every month for next 2 months:

The calculation of DA rise in this case indicates that the DA rise would be 5% w.e.f. 1-1-2015.

CONCLUSION:  By analysing above different situations, we can conclude that minimum DA rise may be 5% and maximum 6% w.e.f. JANUARY 2015.   MORE LIKELY RISE IN DA IS EXPECTED AS 6%

All-India CPI-IW for October, 2014 remained stationary at 253

No. 5/1/2014- CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

                                                                   LABOUR BUREAU

‘CLEREMONT’, SHIMLA-171004

DATED: the 28th November, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-1W) - October, 2014

The All-India CPI-1W for October, 2014 remained stationary at 253 (two hundred and fifty three). On l-month percentage change, it remained static between September, 2014 and October, 2014 when compared with the rise of 1.26 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Miscellaneous group contributing (+) 0.28 percentage points to the total change. At item level, Wheat, Wheat Atta, Arhar Dal, Potato, Green Coriander Leaves, Lemon, Guava, Tea (Readymade), Snack Saltish, Cigarette, Firewood, Primary & Secondary School Fee, Private Tuition Fee, Toilet Soap, Tailoring Charges, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Coconut OIL, Onion, Apple, Banana, Cauliflower, Gowar Phali, Tomato, Sugar, Medicine (Allopathic), Petrol, etc., putting downward pressure on the index. 

The year-on-year inflation measured by monthly CPI-1W stood at 4.98 per cent for October, 2014 as compared to 6.30 per cent for the previous month and 11.06 percent during the corresponding month of the previous year. Similarly, the Food inflation stood at 4.48 per cent against 6.46 per cent of the previous month and 15.02 per cent during the corresponding month of the previous year.

At centre level, Munger Jamalpur reported an increase of 12 points followed by  Goa (11 points), Srinagar (7 points), Giridih and Sholapur (5 points each) and Coonoor (4 points). Among others, 3 points rise was observed in 10 centres, 2 points in 9 centres and 1 point in 5 centres. On the contrary, Chhindwara recorded a decrease of 5 points. Among others, 3 points fall was registered in S centres, 2 points in 5 centres and 1 point in 16 centres. Rest ofthe 21 centres’ indices remained stationary.

The indices of 37 centres are above and other 41 centres’ indices are below national average.

The next index of CPI-1W for the month of November, 2014 will be released on Wednesday, 31 December, 2014. The same will also be available on the office website www. labourbureau.gov.in.

(S.S. NEGI)

DIRECTOR

Nagaland State govt hikes DA/ADA for employees w.e.f January 1, 2014 and July 1, 2014.

         Nagaland government has announced to grant dearness allowances and additional dearness allowances to its employees with effect from January 1, 2014 and July 1, 2014.
According to an office memorandum issued by the finance department dated November 13, 2014, a copy of which was obtained by Nagaland Post, DA/ADA would be granted in two instalments.
In the first instalment (w.e.f. 01.01.2014), employees drawing pay under RoP Rules, 2010 will get DA with an increase of 10% w.e.f. 01.01.2014 from the existing rate of 90% to 100% of pay in the pay band including grade pay. DA for employees drawing pay under ROP Rules, 1999 will also see an increase of 17% w.e.f 01.01.2014 from the existing rate of 183% to 200% of pay including dearness pay. ADA for employees drawing pay under ROP Rules 1993 has been increased by 47% w.e.f 01.01.2014 from the existing rate of 635% to 682% of Pay.
        In the second instalment (w.e.f 01.07.2014), employees drawing pay under RoP Rules, 2010 will get DA with an increase of 7% w.e.f 01.07.2014 from the existing rate of 100% to 107% of pay in the pay band including grade pay; DA for employees under ROP Rules, 1999 would seen an increase of 12% w.e.f 01.07.2014 from the existing rate of 200% to 212% of pay including Dearness Pay.
         Meanwhile, employees under ROP Rules 1993 would receive ADA with an increase of 33% w.e.f 01.07.2014 from the existing rate of 682% to 715% of pay.

Source: Nagaland Post   dt. 14-11-2014

Haryana Govt. declares 7% DA hike for State government employees w.e.f. 1-7-2014 (July 2014)

The Haryana government, on 11th November 2014, announced 7 per cent hike in dearness allowance (DA) of state government employees with effect from July which will cost Rs 465.94 crore to the state exchequer.

Haryana Chief Minister Manohar Lal Khattar in a release said the employees will get DA at the rate of 107 per cent of their basic pay thus registering an increase of seven per cent in DA.

He said that pensioners and family pensioners would be given Dearness Relief at the rate of 107 per cent of pension with effect from July 1, 2014.

The arrears of the hiked DA of seven per cent from July 2014 would be given in cash.

Source: The Economic Times, Daily

EXPECTED DA RISE FROM JANUARY 2015 (1-1-2015) FOR CENTRAL GOVT. EMPLOYEES : Situation after declaration of AICPIN for September 2014.

AICPIN for SEPTEMBER  2014 is declared on 31-10-2014 which remained stationary at 253 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-1-2015 has been carried out with the help of  following cases:

CASE-I:  There is no change in AICPIN for next 3 months : 

         Let us assume that for next 3 months i.e. October 2014 to December 2014, the AICPIN neither rises nor declines and remains constant at 253 points for all these months. The calculation of DA rise in this case  indicates that, the DA rise would be 6% w.e.f. 1-1-2015.

CASE-II:  The AICPIN increases by one point every month for next 3 months:

The calculation of DA rise in this case indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 3months:

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-IV:  The AICPIN increases alternatively by TWO points, ONE point  and TWO points  every month for next 3 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-V:  The AICPIN increases alternatively by ONE point  , TWO points and ONE point every month for next 3 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for 3 MONTHS :

Let AICPIN increases to 254 points for October 2014, 256 points for November 2014 and 259 points for December 2014 .
The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-VII:  The AICPIN increases by THREE points every month for next 3 months::

The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CONCLUSION:  By analysing above different situations, we can conclude that minimum DA rise may be 6% and maximum 7% w.e.f. JANUARY 2015.   However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

All-India CPI-IW for September, 2014 remained stationary at 253

No.5/1/2014- CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

‘CLEREMONT’,  SHIMLA-171004:

Dated the 31st October, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – September, 2014

The All-India CPI-IW for September, 2014 remained stationary at 253 (two hundred and fifty three). On 1-month percentage change, it remained stalic between August, 2014 and September, 2014 when compared with the rise of 0.42 per cent between the same two months a year ago.

                 The largest downward pressure to the change in current index came from Food group contributing (-) 1.04 percentage points to the total change. At item level, Fish Fresh, Poultry (Chicken), Chitlies Green, Ginger, Onion, Tomato, Brinal, French Beans, Lady’s Finger, Apple, Sugar, Medicine (Allopathie), Petrol, etc. are responsible for the decrease in index.

However, this decrease was restricted to sore extent by Rice, Wheat Atta, Arhar Dal, Potato, Cauliflower, Tea (Readymade), Snack Saltish, Bidi, Cigarette, Electricity Charges, Cinema Charges, Toilet Soap, Tailoring charges. etc.. putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.30 per cent tbr September, 2014 as compared to 6.75 per cent for the previous month and 10.70 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 6.46 per cent against 7.63 per cent of the previous month and 13.36 per cent during the corresponding month of the previous year.

At centre level, Goa reported a decrease of 10 points followed by Nagpur (5 points). Among others, 4 points fall was observed in 6 centres, 3 points in 4 centres, 2 points in 9 centres and 1 point in 19 centres. On the contrary, Tripura recorded the maximum increase of 6 points followed by Lucknow & Jalpaiguri (4 points each) and Rourkela & Rangapara-Tezpur (3 points each). Among others, 2 points rise was registered in 8 centres and 1 point in 12 centres. Rest of the 13 centres’ indices remained stationary.

The indices of 37 centres are above and other 41 centres’ indices are below national average.

The next index of CPI-IW for the month of October, 2014 will be released on Friday, 28 November. 2014.The same will also be available on the office website www.labourbureau.gov.in

sd/-

(S.S.NEGI)

Director

EXPECTED DA RISE FROM JANUARY 2015 (1-1-2015) FOR CENTRAL GOVT. EMPLOYEES : Situation after declaration of AICPIN for August 2014.

FOR LATEST UPDATE, PLEASE CLICK THE FOLLOWING LINK
http://globalemployeesforum.blogspot.in/2014/11/expected-da-rise-from-january-2015-1-1.html 


 AICPIN for AUGUST  2014 is declared on 30-9-2014 which increases by 1   points and  pegged at 253 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-1-2015 has been carried out with the help of  following cases:

CASE-I:  There is no change in AICPIN for next 4 months : 

         Let us assume that for next 4 months i.e. September 2014 to December 2014, the AICPIN neither rises nor declines and remains constant at 253 points for all these months. The calculation of DA rise in this case  indicates that, the DA rise would be 6% w.e.f. 1-1-2015.

CASE-II:  The AICPIN increases by one point every month for next 4 months:

The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 4 months:

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point every month for next 4 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-V:  The AICPIN increases alternatively by ONE points  and TWO points every month for next 4 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for FIRST 3 MONTHS and again by ONE   point  respectively for NEXT 1 MONTH:

Let AICPIN increases to 254 points for September 2014 and 256 points for October 2014, 259 points for November 2014 and 260 points for December 2014 .
The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-VII:  The AICPIN increases by THREE points every month for next 4 months::

The calculation of DA rise in this case indicates that the DA rise would be 8% w.e.f. 1-1-2015.

CONCLUSION:  By analysing above different situations, we can conclude that minimum DA rise may be 6% and maximum 8% w.e.f. JANUARY 2015.   However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

ALL INDIA CONSUMER PRICE INDEX FOR AUGUST 2014 INCREASES BY ONE POINT

No.5/1/2014- CPI

GOVERNMENT OF INDIA

MINISTRY OF LABOUR & EMPLOYMENT

LABOUR BUREAU

‘CLEREMONT’,  SHIMLA-171004:

Dated the 31st October, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – September, 2014

The All-India CPI-IW for September, 2014 remained stationary at 253 (two hundred and fifty three). On 1-month percentage change, it remained stalic between August, 2014 and September, 2014 when compared with the rise of 0.42 per cent between the same two months a year ago.

The largest downward pressure to the change in current index came from Food group contributing (-) 1.04 percentage points to the total change. At item level, Fish Fresh, Poultry (Chicken), Chitlies Green, Ginger, Onion, Tomato, Brinal, French Beans, Lady’s Finger, Apple, Sugar, Medicine (Allopathie), Petrol, etc. are responsible for the decrease in index.

However, this decrease was restricted to sore extent by Rice, Wheat Atta, Arhar Dal, Potato, Cauliflower, Tea (Readymade), Snack Saltish, Bidi, Cigarette, Electricity Charges, Cinema Charges, Toilet Soap, Tailoring charges. etc.. putting upward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 6.30 per cent tbr September, 2014 as compared to 6.75 per cent for the previous month and 10.70 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 6.46 per cent against 7.63 per cent of the previous month and 13.36 per cent during the corresponding month of the previous year.

At centre level, Goa reported a decrease of 10 points followed by Nagpur (5 points). Among others, 4 points fall was observed in 6 centres, 3 points in 4 centres, 2 points in 9 centres and 1 point in 19 centres. On the contrary, Tripura recorded the maximum increase of 6 points followed by Lucknow & Jalpaiguri (4 points each) and Rourkela & Rangapara-Tezpur (3 points each). Among others, 2 points rise was registered in 8 centres and 1 point in 12 centres. Rest of the 13 centres’ indices remained stationary.

The indices of 37 centres are above and other 41 centres’ indices are below national average.

The next index of CPI-IW fut the month of October, 2014 will be released on Friday, 28 November. 2014.

The sanie will also be available on the office website www.labourbureau.gov.in

sd/-

(S.S.NEGI)

Director

Source: Laobur Bureau

Notification of Haryana Government regarding enhancemet of retirement age to 60 years .

A copy of  notification of Haryana Government regarding enhancemet of retirement age to 60 years .is reproduced below:

CABINET APPROVES 7% D.A. HIKE TO CENTRAL GOVT EMPLOYEES FROM JULY 2014 (1-7-2014)

                Central Government on 4-9-2014 approved 7 per cent hike in dearness allowance (DA), taking it to 107 per cent of basic pay, a move that will benefit around 30 lakh central employees and 50 lakh pensioners including dependents.

"The Union Cabinet chaired by Prime Minister Narendra Modi, today gave its approval for the release of an additional instalment of DA to general government employees and Dearness Relief (DR) to pensioners with effect from July 1, 2014. This is an increase of seven percent over the existing rate of 100 percent of the Basic Pay/Pension, to compensate for price rise," a press statement said here.

The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission, it said.

The combined impact on the exchequer on account of both DA and DR would be about Rs 7,691 crore per annum and Rs 5,127 crore respectively in the financial year 2014-2015 (for eight months — July, 2014 to February, 2015), it added.
Source: The Times Of India; Daily

EXPECTED DA RISE FROM JANUARY 2015 (1-1-2015) FOR CENTRAL GOVT. EMPLOYEES

        
FOR LATEST UPDATE, PLEASE CLICK THE FOLLOWING LINK
http://globalemployeesforum.blogspot.in/2014/11/expected-da-rise-from-january-2015-1-1.html 


  AICPIN for JULY  2014 is declared on 30-8-2014 which increases by 6 points and  pegged at 252 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-1-2015 has been carried out with the help of  following cases:

CASE-I:  There is no change in AICPIN for next 5 months : 

         Let us assume that for next 5 months i.e. August 2014 to December 2014, the AICPIN neither rises nor declines and remains constant at 252 points for all these months. The calculation of DA rise in this case indicates that, the DA rise would be 5% w.e.f. 1-1-2015.

CASE-II:  The AICPIN increases by one point every month for next 5 months:

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 5 months:

The calculation of DA rise in this case indicates that the DA rise would be 8% w.e.f. 1-1-2015.

CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point every month for next 5 months: 

The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-V:  The AICPIN increases alternatively by ONE points  and TWO points every month for next 5 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for FIRST 3 MONTHS and again by ONE AND TWO  points  respectively for NEXT 2 MONTHS:

Let AICPIN increases to 253 points for August 2014 and 255 points for September 2014, 258 points for October 2014, 259 points for November 2014 and 261 points for December 2014.
The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CASE-VII:  The AICPIN increases by THREE points every month for next 5 months::

The calculation of DA rise in this case  indicates that the DA rise would be 9% w.e.f. 1-1-2015.

CONCLUSION:  By analysing above different situations, we can conclude that minimum DA rise may be 5% and maximum 9% w.e.f. JANUARY 2015.  However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

ALL INDIA CONSUMER PRICE INDEX AICPIN INCREASES BY SIX POINTS FOR JULY 2014

No. 5/1/2014-CPI
GOVERNMENT OF INDIA
MINISTRY OF LABOUR & EMPLOYMENT
LABOUR BUREAU

`CLEREMONT’, SHIMLA-171004
DATED: the 29th August, 2014

Press Release

Consumer Price Index for Industrial Workers (CPI-IW) – July, 2014

The All-India CPI-IW for July, 2014 increased by 6 points and pegged at 252 (two hundred and fifty two). On 1-month percentage change, it increased by 2.44 per cent between June, 2014 and July, 2014 when compared with the rise of 1.73 per cent between the same two months a year ago.

The largest upward pressure to the change in current index came from Food group contributing 4.42 percentage points to the total change. The House Rent index further accentuated the overall index by 1.08 percentage points. At item level, Rice, Eggs, Milk, Onion, Chillies Green, Tomato, Potato and other Vegetables & Fruits, Sugar, Tea (Readymade), Pan Finished, Doctors’ Fee, College Fee, Petrol, Rail Fare, etc. are responsible for the increase in index. However, this increase was restricted to some extent by Wheat, Soft Coke, Medicine (Allopathic), etc., putting downward pressure on the index.

The year-on-year inflation measured by monthly CPI-IW stood at 7.23 per cent for July, 2014 as compared to 6.49 per cent for the previous month and 10.85 per cent during the corresponding month of the previous year. Similarly, the Food inflation stood at 8.11 per cent against 5.88 per cent of the previous month and 14.10 per cent during the corresponding month of the previous year.

At centre level, Nagpur recorded the maximum increase of 12 points followed by Ludhiana (10 points). Among others, 9 points rise was observed in 7 centres, 8 points in 3 centres, 7 points in 9 centres, 6 points in 23 centres, 5 points in 14 centres, 4 points in 10 centres, 3 points in 4 centres, 2 points in 4 centres and I point in 2 centres.

The indices of 35 centres are above and other 41 centres are below national average. The indices of Ernakulam and Varanasi are at par with all-India index.

The next index of CPI-IW for the month of August, 2014 will be released on Tuesday, 30 September, 2014. The same will also be available on the office website www.labourbureau.gov. in.

(S.S.NEGI)
DIRECTOR

-

HARYANA GOVT. ENHANCES AGE LIMIT OF RETIREMENT FOR HARYANA STATE GOVT. EMPLOYEES TO 60 YEARS

           Haryana chief minister Shri. Bhupinder Singh Hooda  on 16th August 2014 announced to raise the retirement age of the state government employees from 58 to 60 years, 25% hike in dearness allowance and full pension after 20 years of service, besides various other benefits, as per a report by Hindustan times daily  dt. 17-8-2014

      Shri. Hooda, who held a meeting with representatives of the Haryana Karamchari Mahasangh and Sarv Karamchari Sangh, said after 58 years of service, the employee would be asked whether he wanted to continue his service or seek retirement. Now onwards full pension will be allowed on completion of 20 years of service instead of 28 years of service. This would be effective with prospective effect from the date of notification.

          Also, 25% increase in the allowances on DA becoming 50% and 50% increase in allowances on DA becoming 100% will be implemented.
           It was also decided at the meeting that if a person working on ad hoc, daily wage or contract basis, including the persons working on contract basis through a service provider, died in harness, the family of the employee would be granted an ex-gratia of Rs. 2.5 lakh.
          The Chief Minister said a pay commission would be constituted for addressing the anomalies and deviations, which might have occurred in implementation of the recommendations of the 6th pay commission. It would grant an opportunity to the associations of employees or individual employees to represent before the commission, which would make appropriate recommendations to the state government for the removal of such anomalies and deviations.
         Apart from this, the policies on regularisation of the services of certain categories of employees, which have been recently formulated by the government, would be made applicable to similarly placed persons working in boards, corporations and autonomous bodies under the state government.
           The policy dated June 18, 2014, regarding regularisation of employees will also be made applicable to the ad hoc and daily wage employees who are similarly placed as contractual employees specified in the said notification.
           At the meeting, it was also decided that an increase in the consolidated emoluments on a graded basis would be granted to the persons who are working for a long period of time in various departments but they could not be regularised in accordance with the policies recently formulated. Separate decision in respect of such employees working in department will be taken depending upon the facts of the individual cases.
            Shri. Hooda said recently an Act had been enacted by the state legislature abolishing distinction between the technical and non-technical pay-scales. Those drawing the technical pay-scale on the date of promulgation of the ordinance, prior to enactment of the Act, their pay (technical scale) would be protected. Those persons whose technical pay-scale has been protected will continue to get ACP scales also on those technical pay-scales only.
         It was also decided that the demand for revising pay-scales of child development project officers and supervisor will be considered and decided by the committee headed by the chief secretary within three days. Likewise, the state government has liberalised the policy for grant of advance for medical treatment as well as for reimbursement of medical bills. This policy will be got circulated to all the departments within three days for prompt implementation.
         The chief minister said the posts, which have grade pay of  Rs. 3,200 and Rs. 3,300 in PB-2 would now get grade pay of Rs. 3,600 and those, which have grade pay of Rs. 3,600 would now get Rs. 4,000.
It was also decided at the meeting that all criminal cases registered during the three-day strike in 2014 would be withdrawn expeditiously.
        Shri. Hooda said the state government had also decided in principle to end the contract system. Some employees had problems on account of non-availability of confirmed posts. In this direction, all temporary posts would be declared permanent posts.

EXPECTED DA RISE FROM JANUARY 2015 (1-1-2015) FOR CENTRAL GOVT. EMPLOYEES

  FOR LATEST UPDATE, PLEASE CLICK THE FOLLOWING LINK

http://globalemployeesforum.blogspot.in/2014/11/expected-da-rise-from-january-2015-1-1.html 
------------------------------------------------------------------


      Now that 7% D.A. rise is ESTABLISHED for Central Govt.employees w.e.f. 1-7-2014 after declaration of All India Consumers price index AICPIN, the estimation for rise in D.A. w.e.f. 1-1-2015 is a topic of hot discussion.
          Presently, AICPIN for June 2014 pegged at 246 points.Thus with present scenario, the estimation of DA rise w.e.f. 1-7-2015 has become a complex exercise. For this purpose, we would consider folowing cases:

CASE-I:  There is no change in AICPIN for next 6 months : 

         Let us assume that for next 6 months i.e. July 2014 to December 2014, the AICPIN neither rises nor declines and remains constant at 246 points for all these months. The calculation of DA rise in this case indicates that, the DA rise would be 3% w.e.f. 1-1-2015.

CASE-II:  The AICPIN increases by one point every month for next 6 months:

The calculation of DA rise in this case  indicates that the DA rise would be 4% w.e.f. 1-1-2015.

CASE-III:  The AICPIN increases by TWO points every month for next 6 months:

The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-IV:  The AICPIN increases alternatively by TWO points  and ONE point every month for next 6 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 5% w.e.f. 1-1-2015.

CASE-V:  The AICPIN increases alternatively by ONE points  and TWO points every month for next 6 months: 

The calculation of DA rise in this case  indicates that the DA rise would be 5% w.e.f. 1-1-2015.

CASE-VI:  The AICPIN increases  by ONE,TWO AND THREE  points  respectively  for FIRST 3 MONTHS and again by ONE,TWO AND THREE  points  respectively for NEXT 3 MONTHS:

Let AICPIN increases to 247 ponts for July 2014, 249 points for August 2014 and 252 points for September 2014. Then AICPIN rises to 253 points for October 2014, 255 points for November 2014 and 258 points for December 2014.
The calculation of DA rise in this case  indicates that the DA rise would be 6% w.e.f. 1-1-2015.

CASE-VII:  The AICPIN increases by THREE points every month for next 6 months::

The calculation of DA rise in this case indicates that the DA rise would be 7% w.e.f. 1-1-2015.

CONCLUSION:  By analysing above different situatios, we can conclude that minimum DA rise may be 3% and maximum 7% w.e.f. JANUARY 2015.  However effect of  decline in AICPIN is not considered at this stage.We will discuss the same also whenever such situation arises.

7% DA RISE CONFIRMED FROM JULY-2014 FOR CENTRAL GOVT. EMPLOYEES : SITUATION AFTER DECLARATION OF AICPIN FOR JUNE 2014

The AICPIN  for the month of JUNE 2014 is declared by central government of India . There is increase by TWO points in AICPIN and pegged at 246 points Thus with present scenario, the quantum of DA rise w.e.f. 1-7-2014 i.e. July 2014 is CONFIRMED AS 7%.


------------------------------------------------------------------

Expected D.A. rise w.e.f. January 2015 (1-1-2015)

For details, click the following link:

http://globalemployeesforum.blogspot.in/2014/08/expected-da-rise-from-january-2015-1-1_30.html

INCOME TAX RATES FOR FINANCIAL YEAR 2014-15 (Assessment year 2015-16)

.  1.          Individual resident aged below 60 years 

                          (i.e. born on or after 1st April 1955) 

                   or any NRI / HUF / AOP / BOI / AJP*

Income Tax :

	Income Slabs	Tax Rates
i.	Where the total income does not exceed Rs. 2,50,000/-.	NIL
ii.	Where the total income exceeds Rs. 2,50,000/- but does not exceed Rs. 5,00,000/-.	10% of amount by which the total income exceeds Rs. 2,50,000/-.  Less** : Tax Credit - 10% of taxable income upto a maximum of Rs. 2000/-.
iii.	Where the total income exceeds Rs. 5,00,000/- but does not exceed Rs. 10,00,000/-.	Rs. 25,000/- + 20% of the amount by which the total income exceeds Rs. 5,00,000/-.
iv.	Where the total income exceeds Rs. 10,00,000/-.	Rs. 125,000/- + 30% of the amount by which the total income exceeds Rs. 10,00,000/-.

** Applicable in case of Resident Individuals only.

Surcharge : 10% of the Income Tax, where total taxable income is more than Rs. 1 crore. (Marginal Relief in Surcharge, if applicable)

Education Cess : 3% of the total of Income Tax and Surcharge.

-----------------------------------------------------------------------------------------------------------------

2.                           Individual resident who is of the age of 

          60 years or more but below the age of 

          80 years at any time during the

.                   previous year (i.e. born on or after 1st April 1934 but before 1st April 1954)

Income Tax :

	Income Slabs	Tax Rates
i.	Where the total income does not exceed Rs. 3,00,000/-.	NIL
ii.	Where the total income exceeds Rs. 3,00,000/- but does not exceed Rs. 5,00,000/-	10% of the amount by which the total income exceeds Rs. 3,00,000/-. Less : Tax Credit - 10% of taxable income upto a maximum of Rs. 2000/-.
iii.	Where the total income exceeds Rs. 5,00,000/- but does not exceed Rs. 10,00,000/-	Rs. 20,000/- + 20% of the amount by which the total income exceeds Rs. 5,00,000/-.
iv.	Where the total income exceeds Rs. 10,00,000/-	Rs. 120,000/- + 30% of the amount by which the total income exceeds Rs. 10,00,000/-.

Surcharge : 10% of the Income Tax, where total taxable income is more than Rs. 1 crore. (Marginal Relief in Surcharge, if applicable)

Education Cess : 3% of the total of Income Tax and Surcharge.

-----------------------------------------------------------------------------------------------------------------

  3.   Individual resident who is of the age of 80 years or more

          at any time during the previous year 
      (i.e. born before 1st April 1934)

Income Tax :

	Income Slabs	Tax Rates
i.	Where the total income does not exceed Rs. 5,00,000/-.	NIL
ii.	Where the total income exceeds Rs. 5,00,000/- but does not exceed Rs. 10,00,000/-	20% of the amount by which the total income exceeds Rs. 5,00,000/-.
iii.	Where the total income exceeds Rs. 10,00,000/-	Rs. 100,000/- + 30% of the amount by which the total income exceeds Rs. 10,00,000/-.

Surcharge : 10% of the Income Tax, where total taxable income is more

 than Rs. 1 crore. (Marginal Relief in Surcharge, if applicable)

Education Cess : 3% of the total of Income Tax and Surcharge.