The due date for furnishing of Income Tax Returns for the other taxpayers [for whom the due date (i.e. before the extension by the said notification) as per the Act was 31st July, 2020] has been extended to 31st December, 2020.
AICPIN for September 2020 based on new series 2016=100 from the existing 2001-100
Shri Gangwar also released the maiden index with base year 2016 for the month of September, 2020. The Index is compiled for 88 centres and All India. The All India index for the month of September, 2020 stands at the level of 118 and linking factor for the conversion of new series index to previous series on base 2001=100 is 2.88.
Cabinet approves Productivity Linked Bonus and non-Productivity Linked Bonus for 2019-2020
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB)for the year 2019-2020 to 16.97 lakh non-gazetted employees of commercial establishments like Railways, Posts, Defence, EPFO, ESIC,etc.will be benefitted and the financial implication would be Rs.2,791 crore.
Do government Employees set to get more DA?
Ministry of Labour and Employment is going to release new series of Consumer Price Index for Industrial workers (CPI-IW) with 2016 as base year on 21st October, 2020.
RPF issues guidelines for travellers as the festive season approaches
Railway Protection Force has issued guidelines for travellers as the festive season is approaching. The general public is counselled to desist from the acts or omission while being in railway stations, trains or other railway area
PIB: Statement on misinterpretation of LTC stimulus and its benefits
A person claiming LTC is not eligible unless he actually travels; if he fails to travel the amount is deducted from his pay and he may be liable for disciplinary action. He does not have the option of keeping the money and paying income tax.
“Festival Special” trains – PIB
Ministry of Railways has approved 196 pairs (392 trains) of “Festival Special” services over Indian Railways to be operated from 20th October 2020 and 30th November 2020. The fare for these Festival Special services shall be that applicable for special trains.
Travel relaxation for the government employees to travel by Air – PIB
DoPT (Department of Personnel & Training) has issued orders relaxing the Leave Travel Concession (LTC) facility for the government employees to travel by Air to visit Jammu & Kashmir, Ladakh, North Eastern Region and Andaman & Nicobar Islands. Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh said that this relaxation has been extended up to 25th September 2022.
Forwarding of details required for assessment and timely declaration of PLB for the year 2019-20
The work relating to the assessment of Productivity Linked Bonus for the year 2019-20 has been taken up. The Productive Linked Bonus (PLB) for the employees of EPFO is assessed on the basis of the productivity achieved and manpower used in respect of field offices separately.
Scrapped for Enhanced Family Pension w.e.f. 01 October 2019
Ordinary Family Pension at enhanced rate is payable for 10 years without any upper age limit from the date following the date of death of the personnel in service. Where service personnel dies after release/retirement/discharge/invalidment with a pension, Ordinary Family Pension at enhanced rate is granted for a period of 7 years from the date of death or up to attaining the age of 67 years, whichever is earlier.