CGHS Facilities to Retired KV Employees KENDRIYA VIDYALAYA SANGATHAN F.No.11086/01/2012-KVS HQ(Admn.II)/75-85 Dated: 20.03.2018 OFFICE MEMORANDUM Subject: Extension of CGHS to all retired employees of Kendriya Vidyalaya residing in Delhi/NCR- regarding. Consequent upon KVS’s proposal on the subject vide letter dated 29.09.2017, the Deputy Secretary (UT), Ministry of Human Resource Development vide his letter No.F.3-5/2011-UT-2 dated 02.02.2018 to be reqd with MHRD’s letter of even number dated 19.03.2018 has conveyed the decision of Ministry of Health and Family Welfare, Government of India, New Delhi regarding extension of CGHS facilities to all retired employees of Kendriya Vidyalaya Sangathan (KVS) residing in Delhi/ NCR. 2. Accordingly, medical facility under the CGHS is to all retired employees of Kendriya Vidyalaya Sangathan residing in Delhi/ NCR. The terms and conditions mentioned in the Office Memorandum or even number dated 21.08.2015 will remain the same. sd/- (U.N.KHAARE) A...

Ministry of Finance The Government of India issues clarification regarding requirement for furnishing of Country-by Country Report under Section 286(4) of Income Tax Act, 1961 26 MAR 2018 In keeping with India’s commitment to implement the Recommendations of the 2015 Final Report on Action 13, titled “Transfer Pricing Documentation and Country-by-Country Reporting”, identified under the OECD Base Erosion and Profit Shifting (BEPS) Project, Section 286 of the Income-tax Act, 1961 (‘the Act’) was inserted vide Finance Act, 2016, which provides for furnishing of a Country-by-Country (CbC) Report in respect of an International Group. The CbC Report is to be furnished by the ultimate parent entity of an International Group in the country or territory of its residence. As specified under sub-section (2) of Section 286, the said Report is to be furnished on or before the due date specified under Section 139(1) of the Act for furnishing of return of income for the relevant accounting year. Th...

Three major changes in the National Pension Scheme (NPS) including withdrawal norms Relaxation of Norms for NPS The Government of India has recently made three changes in the National Pension Scheme (NPS) including withdrawal norms. The details are as under: Partial withdrawal during the service: The Pension Fund Regulatory and Development Authority (PFRDA), with an objective to  meet the subscriber’s sudden financial requirement enrolled under NPS, has liberalized norms for partial withdrawals which also include reduction of requirement of minimum years of being enrolled under NPS from 10 years to 3 years from the date of joining. Suitable amendments were made through “Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) (First Amendment) Regulations, 2017 and the same has been notified on 10.08.2017. Increase in the joining age under NPS: With an objective to allow individuals (under NPS-All Citizen Model and Corporate Sector...

Dr. Jitendra Singh chairs 30th meeting of Standing Committee of Voluntary Agencies Adhaar is not mandatory to get pension: Dr Jitendra Singh The Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh chaired the 30th meeting of the Standing Committee of Voluntary Agencies (SCOVA) here today. The SCOVA meeting is organised by the Department of Pensions & Pensioners’ Welfare (DoP&PW), Ministry of Personnel, Public Grievances & Pensions and the last such meeting was held on January 12, 2017. During the meeting, Dr. Jitendra Singh said that the SCOVA which was first constituted in July, 1986 would be completing 32 years this year. He said this platform has gone a long way in addressing in a focused manner issues related to Pensioners. He said that today’s interaction was very meaningful and stimulating, thus reflecting on the working of DoP&PW....

Ministry of Labour & Employment Payment of Gratuity (Amendment) Bill, 2018 passed by Parliament The Payment of Gratuity (Amendment) Bill, 2018 has been passed by parliament today.The bill ensures harmony amongst employees in the private sector and Public Sector Undertakings/Autonomous Organizations under Government who are not covered under CCS (Pension) Rules. These employees will be entitled to receive higher amount of gratuity at par with their counterparts in Government sector. The bill was passed by the Rajya Sabha today and the Lok Sabha on 15 March, 2018. The Payment of Gratuity Act, 1972 applies to establishments employing 10 or more persons. The main purpose for enacting this Act is to provide social security to workman after retirement, whether retirement is a result of superannuation, or physical disablement or impairment of vital part of the body. Therefore, the Payment of Gratuity Act, 1972 is an important social security legislation to wage earning population in indus...

F.No. 8/08/2016-GKK/110 Grih Kalyan Kendra A registered Society under the aegis of Ministry of Personnel, Public Grievances and Pensions, Samaj Sadan, Lodhi Road Complex, New Delhi-110003. Subject:   Engagement of workers in Grih Kalyan Kendra New Delhi for gaining work experience. The Grih Kalyan Kendra (GKK) is a registered Society under the Societies Registration Act,1860, functioning under the aegis of Department of Personnel and Training, Ministry of Personnel, Public Grievances and Pensions, Government ofIndia. The GKK runs various welfare activities for the benefit of Central Govermnent employees and their dependants. 2. The main objective of the Kendra is to help the needy Central Government employees belonging to lower income groups, who are in genuine financial and psychological need of temporary rehabilitation, by giving them training and experience which would enable them to supplement their domestic income and help them to acquire skill and experience for seekin...

7% DR from Jan 2018 – Orders issued by DoPPW Grant of Dearness relief to Central Government pensioners/family pensioners- Revised rate effective from 01.01.2018 No.42/06/2018-P&PW(G) Government of India Ministry of Personnel, Public Grievances & Pensions Department of Pension & Pensioners’ Welfare 3rd Floor, Lok Nayak Bhavan, Khan Market, New Delhi – 110003 Dated the 22nd March,2018 OFFICE MEMORANDUM Sub: Grant of Dearness Relief to Central Government pensioners/family pensioners – Revised rate effective from 01.01.2018. The undersigned is directed to refer to this Department’s OM No. 42/15/2016-P&PW(G) dated 28.09.2017 on the subject mentioned above and to state that the President is pleased to decide that the Dearness Relief admissible to Central Government pensioners/family pensioners shall be enhanced from the existing rate of 5% to 7% w.e.f 01.01.2018. 2. These rates of DR will be applicable to (i) Civilian Central Government Pensioners/Family Pensioners including ...