1)Income limit of 'Creamy Layer' increased to 6 lakh 2)Revised rate of interest - with regard to Staff Provident Fund in EPFO 3)Implementation of VI CPC recommendations - Clarification on Children Education Allowance.

Income limit of 'Creamy Layer' increased to 6 lakh Income limit of 'Creamy Layer' increased to Rs. 6 lakh Union Cabinet yesterday approved to increase the limit of 'Creamy layer'  bar from Rs.4.50 lakh to Rs.6 lakh... Revision of Income Criterion to exclude Socially Advanced Persons/ Sections (Creamy Layer) from list of other Backward Classes (OBCs)  The Union Cabinet today gave its approval for increase in the present income criterion of Rs. 4.5 lakh per annum for applying the Creamy Layer restriction throughout the country, for excluding Socially Advanced Persons/Sections (Creamy Layer) from the purview of reservation of Other Backward Classes (OBCs).  The new income criterion will be Rs. 6 lakh per annum. The increase in the income limit to exclude the Creamy Layer is in keeping with the increase in the Consumer Price Index and would enable more persons to take advantage of reservation benefits extended to OBCs in government services and admission to central educational institutions.  This would bring about equity and greater inclusiveness in society. The Department of Personnel and Training and the Ministry of Human Resource Development would issue necessary orders to this effect.  Source: PIB News

Revised rate of interest - with regard to Staff Provident Fund in EPFO EMPLOYEES' PROVIDENT FUND ORGANISATION (MINISTRY OF LABOUR & EMPLOYMENT, GOVT. OF INDIA) HRD/3(2)2012/SPF Date : 16/05/2013 To All Additional CPFCs, All RPFCs, Regional Offìces, including RPFC (ASD), Head Office, All Officers In-charge of SROs Sub : Revised rate of interest - with regard to Staff Provident Fund in EPFO. Sir, Please refer to the Resolution dated 08th April, 2013 issued by Ministry of Finance (Department of Economic Affairs) regarding declaration of rate of interest of General Provident Fund (GPF) and other similar funds. 2. In this connection, it is announced for general information that during the year 2013-2014, accumulations at the credit of subscribers to the Staff Provident Fund shall carry interest at the rate of 8.7% (Eight point seven percent) per annum w.e.f. 01.04.2013. Encl: as above Yours faithfully, sd/- (R.K.KUKREJA) Add,. CPFC (HR) Source: www.epfindia.com [http://www.epfindia.com/Circulars/Y2013-14/HRD_SPF_4677.pdf]

Implementation of VI CPC recommendations - Clarification on Children Education Allowance. Government of India Ministry of Defence Subject: Implementation of VI CPC recommendations - Clarification on Children Education Allowance. Reference Air HQ letter No. Air HQ/23996/1/PP&R-I dated 28 February, 2012 seeking clarification whether children born after failure of sterilization operation resulting in multiple births will be entitled for Children Education Allowance. 2. The matter has been examined in the Ministry in consultation with DOP&T. It is stated that re-imbursement of Children Education Allowance/Hostel Subsidy in respect of child/children born at the time first birth resulting in twins or multiple births after failure of sterilization operation is permissible. sd/- (P.S.Walia ) Under Secretary to the Govt. of India Source: www.cgda.nic.in [http://www.cgda.nic.in/audit/cea140513.pdf]