DPC for promotion to Superintendent Cadre in Hyderabad CCA could not be completed on 4-5-2012 due to large work involved on account of drawal of yearly promotional panel. It is understood that the DPC will be completed on 7-5-2012 and orders will be issued immediately.
We have requested the Commissioner to include vacancies arising upto April,2012 and issue promotion orders accordingly. Around fifteen promotions in open quota and five in reserved quota are likely to be issued.
DPC for promotion to superintendent cadre in Andhra Pradesh postponed to 4th MAY 2012. Only four applications for transfer from Vizag to Hyderabad in inspector cadre have been received. IZT order in inspector cadre will be issued by third week of May followed by ICT order.
No.7(1)/EV/2012
Government of India
Ministry of Finance
Department of Expenditure
New Delhi, the 24th April, 2012
OFFICE MEMORANDUM
Sub: Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.01.2012 to 31.12.2012.
The undersigned is dirccted to refer to this Ministry’s O.M. No.7(I)/EV/2010 dated 31st January, 2011 forwarding therewith Tables of Benefits under CGEGIS for the year 2011. New Tables of Benefits for the savings fund of the Scheme based on a subscription of Rs.10 per month from 1.1.1982 to 31.12.1989 and Rs.15 per month w.e.f. 1.1.1990 onwards have been prepared for the year 2012 and a copy of the table is enclosed. Another Table of Benefits for the savings fund based on a subscription of Rs.10 per month for those employees who had opted out of the revised rates of subscription w.e.f. 1.1.1990 have also been drawn up for the year 2012 and a copy of that table is also enclosed. The amounts in the Tables have been worked out on the basis of interest @ 10 per annum(compounded quarterly) for the period from 1.1.1982 to 31.12.1982, 11% per annum(compoundcd quarterly) w.e.f. 1.1.1983 to 31.12.1986, 12% per annum(compounded quarterly) w.e.f. 1.1.1987 to 31.12.2000, 11% per annum (compounded quarterly) w.e.f. 1.1.2001 to 31.12.2001, 9.5% per annum(compounded quarterly) w.e.f. 1.I.2002 to 31.12.2002, 9.0% per annum(compoundcd quarterly) w.e.f.1.1.2003 to 31.12.2003. 8% per annum (compounded quarterly) w.e.f. 1.1.2004 to 30.11.2011 and 8.6% per annum (compounded quarterly) w.e.f. 1.12.2011 onwards. The mortality rate under the Scheme has been taken as 3.75 per thousand per annum up to 31.12.1987 and 3.60 per thousand per annum thereafter in both the cases. While calculating the amount it has beenassumed that the subscription has been recovered or will be recovered from the salary of the month in which a member ceases to be in service failing which it should be deducted from accumulated amounts payable.
2. In its application to the employees of Indian Audit and Accounts Department this Office Memorandum issues in consultation with the Comptroller and Auditor General of India.
sd/-
(SIDDHARTH SHARMA)
DIRECTOR
It is learnt that the Board is planning arbitration with the Committee of Secretaries over reduction in posts of Principal Chief Commissioners and Commissioners. It s not known whether Board will also take up the supposed reduction in Group-A Entry level posts with the Committee of Secretaries.
It cannot be guessed whether the proposed arbitration will result in delay in implementation of CR. The reports of implementation of CR in three phases have not yet been confirmed by any one.
However, SG has confirmed that they are awaiting the presentation from the Member(P&V) on the CR proposals cleared by DoPT. Once the presentation takes place the exact number of posts cadre wise will be known.
In the meantime Superintendents and Inspectors Association of Hyderabad Zone are planning to meet the Member(P&V) in Hyderabad on 27-4-2012 for submitting a joint memorandum on implementation of CR in Hyderabad Zone.
Union Cabinet has okayed a proposal for setting up a Special Purpose Vehicle (SPV) named as Goods and Services Tax Network SPV (GSTN SPV) for enabling environment for smooth introduction of Goods and Services Tax (GST). GSTN SPV will provide IT infrastructure and services to various stakeholders including the Centre and the States.
GSTN SPV will be incorporated as a Section 25 (not-for-profit), non-Government, private limited company in which the Government will retain strategic control. It would have an equity capital of Rs. 10 crore, with the Centre and States having equal stakes of 24.5% each. Non Government institutions would hold 51% equity. No single institution would hold more that 10% equity, with the possibility of one private institution holding a maximum of 21% equity.
GTSN SPV would have a self-sustaining revenue model, based on levy of user charges on tax payers and tax authorities availing its services. While the SPV`s services would be critical to actual rollout of GST at a future date, it is also expected to render valuable services to the CBDT, CBEC, State Government VAT Departments prior to the GST implementation.
Since the proposed SPV will be a non-Government Private Limited Company; it will also be liable to pay Service Tax on services provided to Tax Administrations and tax payers as the service is not covered within the ambit of negative list of services. Had it been a wholly owned by the Government; the service provided by it would have been within the scope of the negative list. Whether first GST Number will be allocated to GSTN SPV is to be seen but it would be an interesting case of service tax department itself paying service tax to SPV. This is the first fall out of the negative list of services. Not only the tax-payers will be taxed more but also the cash rich excise and service tax department will have to shell out service tax
DPC for promotion to Superintendent Cadre in Hyderabad CCA will be held on 2-5-2012. Entire top brass of Hyderabad Zone will be preoccupied with Member (P&V) visit to Hyderabad from 25-4-2012 to 26-4-2012. As such, it has been rescheduled to 2nd May.
CUSTOMS and Central Excise officers all over the country are exhilarated with the news that cadre review is cleared by DOPT and is on its way up – promotions are near to reality. But are they?
DDT 1488 – 16.11.2010, that is 17 months back, discussed the issue and said, Anyway the officers have enough material to discuss about in the next couple of years !! They can continue to discuss.
We are informed by reliable sources that CBEC and DOPT have not agreed on the number of posts and so they have decided to refer the matter to a Committee of Secretaries. So, the proposals from both CBEC and DOPT will go to the CoS and the Committee will perhaps hear all sides and do arbitration. It is understood that the DOPT has slashed the numbers proposed by the CBEC. CBEC wanted more than 3500 posts of Assistant Commissioner/Deputy Commissioner and what DOPT has conceded is around 2000. They wanted 18 posts of Principal Chief Commissioner in the super scale of Rs. 80000/-; they got 11. They wanted about 170 new Commissioner posts; they are getting 45.
Officers can continue to discuss for some more time!
In the meanwhile, it is learnt that the CBEC is going ahead with the promotion to the posts of Commissioners and Assistant Commissioners, as per the existing seniority lists – the Supreme Court order does not seem to have any impact at least in the immediate promotions. At least some officers can hopefully get that elusive promotion.
Minister of State for Finance Palanimanickam, said yesterday in Tiruchi that both the Income Tax and Central Excise departments have been facing shortage of manpower. He said that steps are being taken for granting promotions to the Staff.
Cadre Review exercises started about three years ago, and they are still nowhere!
Courtesy: DDT/TIOL
DPC for promotion to Supdt. Cadre to be held on 20-4-2012 has been postponed as the Chief Commissioner is going out of Hyderabad on official work. It is likely to be held on 23rd or 24th inst.
Officers working in the Customs and Central Excise departments (CBEC) can rejoice. At last, as per reliable sources from New Delhi, the C.R. proposals have been cleared by the DOPT. The said proposals is approved with cuts in number of posts in all cadres, and from here it moves to the Committee of Secretaries with Cabinet Note. Details of Exact numbers of reduction of various posts are not yet clear.
We will update any further development for the information of all concerned
Source: Gconnect
“As per the reports from New Delhi, the C.R. proposals have been cleared by the DOPT, of course with cuts in all cadres, and it is on the way to the Committee of Secretaries with Cabinet Note. Exact numbers of reduction are not yet known.”
Since the file has been cleared by DoPT, it will travel to Committee of Secretaries with Cabinet Note. From there it will go to Cabinet for it's approval and implementation. The entire process upto the stage of issuance of Gazette Notification and release of promotion orders will take about five months.
