New Pension Scheme for all citizens completed two years on 1 May 2011. It has many reasons to cheer up. Especially, response for NPS Lite scheme, which aims to provide pension to the economically weaker sections, is considerable, with almost 6 lakh accounts opened since its launch.
How to Change the Scheme Preference? Scheme Preference change option is not available to Govt. subscribers for Tier I. For Tier II, the subscriber has to submit the physical application form (Form-UOS-S3) to change Scheme Preference. However, such changes can be done only once in a financial year.
As per the present guidelines of Pension Fund Regulatory and Development Authority(PFRDA), Scheme Preference is the Pension fund schemes option chosen by the subscriber for investing the pension contribution amount. As far as NPS subscribers who are working in Central/State Government are concerned, there is only one default scheme for Tier I.
Giving relief to 4.71 crore subscribers of EPFO, the government has allowed tax exemption on the 9.5% interest income on PF deposits for 2010-11. The finance ministry notification last week raises the income tax exemption to 9.5% interest income from 8.5%.
It is observed by DOPT that this it has been impressing upon various MinistriesIDepartments to complete the disciplinary proceedings by minimizing avoidable delays. In para 3.11.10 of the 4th report of the 2nd ARC titled “Ethics in governance”, it has been observed from a sample study that the Administrative Departments take more than 2/3rd of the time taken to process the case under the CCS(CCA) Rules
Ministry of Health and Family Welfare has issued a detailed office Memorandum providing consolidated list of hospitals, which are empanelled in 2010-11. clarification is issued in respect of hospitals which were already empanelled under CGHS prior to their empanelment in 2010-11 and are approved for the same specialists
In exercise of the powers conferred by the proviso to article 309 and clause (5) of article 148 of the Constitution and after consultation with the Comptroller and Auditor General of India relation to persons serving In the Indian Audit and Accounts Department, the President hereby makes the following rules further to amend the Central Civil Services (Conduct) Rules, 1964
The NPS provides Electronic Clearing Service (ECS) facility to its subscribers. This will facilitate the subscriber to electronically pay NPS contribution from their respective bank accounts. To avail this facility, subscriber is required to submit the ECS form to any of the NPS registered Point of Presence (POP)/ Point of Presence‐Service Provider (POP‐SP).
In exercise of the powers conferred by the proviso to article 309 read with clause (5) of article 148 of the Constitution and after consultation with the Comptroller and Auditor General of India in relation to persons serving in the Indian Audit and Accounts Department, the President hereby makes the following rules further to amend the Central Civil Services (Leave) Rules, 1972, namely
Training Division, Department of Personnel and Training , Government of India has been sponsoring the Scheme of ‘Partial Funding of Foreign Study’, as a component of the Plan Scheme of ‘Domestic Funding of Foreign Training’ (DFFT). These are Salient features of the Partial Funding of Foreign Study under DFFT scheme
Modified FCS for Scientists based on 6th CPC recommendations issued in this Department’s OM of even number dated 10.9.2010. It has been laid down that assessment of Scientists from 1.1.2011 shall be done according to the revised provisions of the scheme.
Domestic Funding of Foreign Training (DFFT) Scheme is a scheme introduced by the Government of India in 2001 with an objective to upgrade the knowledge & skills of the Government officers as well as to provide exposure to international best practices by deputing them to different long/short‐term training programmes.