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Army Battle Casualties Welfare Fund is now Armed Forces Battle Casualties Welfare Fund (AFBCWF) and Assistance revised from 2 Lakh to 8 Lakh: Notification

MINISTRY OF DEFENCE (Department   of Ex-Servicemen Welfare) CORRIGENDUM  NOTIFICATION New Delhi, the 6th May, 2020 IN THE MATTER OF THE CHARITABLE ENDOWMENTS ACT,1890 AND IN THE MATTER OF  ARMY BATTLE CASUALTIES WELFARE FUND (ABCWF) , NEW DELHI MAY BE READ AS ( ARMED FORCES BATTLE CASUALTIES WELFARE FUND, (AFBCWF) NEW DELHI S.R.O.04(E).—  In continuation of our  Notification dated 17 July, 2017 S.R.O. 25(E)  as amended on 25 July, 2017 and published under S.R.O. No. 27(E) dated 25 July, 2017, it is intimated that the following changes may be done in the Notification dated 25 July 2017.  3. The revised assistance will be as follows: Sl. No. Battle Casualties Existing Amount (in lacs) Approved in Principal Amount(in lacs) I Battle Casualties (Fatal) 2.00 8.00 ii Battle Casualties (Disability 60% and above) 2.00 8.00 iii Battle Casualties invalided out due to Disability 2.00 8.00 iv Battle Casualties (Disability less than ...

Processing of Pension cases during COVID-19 period in Ministries/Departments- regarding.

No. 1(17)/2015/TA-III/192 Ministry of Finance Department of Expenditure Office of Controller General of Accounts Mahalekha Niyantrak Bhawan E-Block, GPO Complex, INA, New Delhi Dated: 8th May 2020 Office Memorandum Subject: Processing of Pension cases during COVID-19 period in Ministries/Departments- regarding. It has been brought to the notice of this office that finalisation of pension cases is getting delayed due to non-receipt of physical documents at CPAO. 2. All Ministries / Departments are to ensure that the e-PPOs supported with relevant physical documents must necessarily be sent to CPAO well in time so that the delay in Processing of pension cases under COVID-19 period could be avoided. 3. In this regard, all Pr.CCAs/CCAs/ CAs(IC) are also requested to review the status of pension cases sent to CPAO on a regular basis as well as receipt of pension cases at PAOs. Sd/ (Sanjeev Shrivastava) Joint Controller General of Accounts

Retirement age for Jawans to be raised

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13 May, 2020 2:21p.m. Retirement age for Jawans to be raised Chief of Defence Staff General Bipin Rawat has said that the retirement age of jawans in the Army, airmen in the Indian Air Force (IAF) and sailors in the Navy will be extended as it could benefit nearly 15 lakh men of all three armed forces. “We are soon bringing a policy to extend the service profile of the men (forces nomenclature for troops) and have an increased minimum retirement age,” said General Rawat in an exclusive interaction with The Tribune yesterday. On being asked if he was looking to cut down the manpower costs as rising salaries and pensions were taking away a large portion of the budget, General Rawat said, “I am looking at manpower costs. Why should a jawan serve for just 15 or 17 years, why cannot he serve for 30 years? We are losing trained manpower.” Easing fears that this policy would change the age profile of the fighting force, he said that the frontline combatant could be young. “We ha...

Plea in Delhi High court on 11.5.2020: Dearness Allowance be released immediately to the employees and its pensioners. The released Dearness Allowance would even give morale boost to even the Health Warriors who are protecting us from deadly disease.

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A great attempt to educate pensioners -An ”AWARENESS PROGRAMME ON FAMILY PENSION AND RELATED ISSUES” has been organised by the Pensioners Associations of Autonomous/Statutory Bodies of Central Government, Karnataka, which is affiliated to Co-ordination Committee of Central Government Pensioners’ Associations, Karnataka, Bengaluru, and Bharat Pensioners Samaj, New Delhi, in association with ClayWorks, on SUNDAY, 10.5.2020 at 12 noon for one hour and may be extended by another 15 minutes, if required, using Zoom Platform. Sri S. Radhakrishna, General Secretary, Co-ordination Committee of Central Government Pensioners’ Associations, Karnataka, Bengaluru

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RETIREMENT AGE OF TAMILNADU STATE GOVERNMENT EMPLOYEES INCREASED

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- Calling of option for new personal taxation regime of reduced tax rates with no exemptions or deductions or setoff of loss etc. in case of individuals & HUFs as provided u/s 115 BAC of the IT Act, 1961 (applicable w.e.f. AY 2021-22) – reg.

No. 1001-22/2018-19/Taxation/BSNL/3777 Dated:.20.04.2020 To The Chief General Managers/IFAs, All BSNL All PGMs/Sr.GMs /GMs, BSNL,   Sub.:- Calling of option for new personal taxation regime of reduced tax rates with no exemptions or deductions or setoff of loss etc. in case of individuals & HUFs as provided u/s 115 BAC of the IT Act, 1961 (applicable w.e.f. AY 2021-22) – reg. Ref.:-1. Finance Act 2020 (12 of 2020) dated 27.03.2020 2.  CBDT Circular F No. 370142/13/2020-TPL dated 13.04.2020.   Kindly refer to section 115 BAC of the Income Tax Act, 1961, inserted by the Finance Act, 2020 (relevant pages of the Gazette of India are enclosed for ready reference as  Annexure 1 ), w.e.f. AY 2021-22, which,  inter alia,  provides that a person, being an individual or a Hindu Undivided Family (HUF) having income other than income from business or profession may exercise option in respect of a previous year to be taxed under the said secti...

BPS monthly News Magazine May 2020 Issue

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