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Upgradation of Pay Band and Grade Pay of LDC and UDC will
be discussed in National Anomaly Committee Meeting.
NAC
Meeting today : Upgradation of Pay for LDC and UDC will be discussed
The
Secretary, NCJCM Staff Side has already informed that a meeting NAC will be
held after the final Meeting of NCJCM with 7th Pay Commission. Accordingly
the DOPT is holding the National Anomaly Committee Meeting today at 3.00 PM
at New Delhi. The office Memorandum issued to all Staff Side Members 0f The
National Anomaly Committee stated that.
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Income
Tax for Premature Provident Fund withdrawal of more than Rs.30,000
The
Government has announced that income tax will be imposed if, at the time of
premature withdrawal, the Provident Fund amount is in excess of Rs.30,000.
Finance
Minister brought a new provision in his budget that allows for TDS on
Provident Fund withdrawal before five years of continuous service. When
calculating the period of continuous service of five years, the previous
employment can also be included. The intention of this at promoting long-term
savings. The amendment will come into force from June 2015.
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Clarification
on Children Education Allowance as FAQ issued by Railway Board on 1.6.2015
A table
of ‘Frequently Asked Questions’ issued by Railway Board regarding Children
Education Allowance. The order repeatedly indicates the same line of sentence
for the question of ‘Third Child’ as ‘Reimbursement is permissible only
the two eldest surviving children..’
And
also clarified for the questions of Number of Note books and
Recognition of Educational Institution in form of FAQ. Reproudction
of the order and given below for your ready reference…
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Tuesday, June 9, 2015
1)NAC Meeting today : Upgradation of Pay for LDC and UDC will be discussed 2)Income Tax for Premature Provident Fund withdrawal of more than Rs.30,000 3)Clarification on Children Education Allowance as FAQ issued by Railway Board on 1.6.2015
