Showing posts from June, 2017

GST launched

Proof of identity for Rail travel

Ministry of Railways permits Downloaded e-Aadhar Card as prescribed proof of identity for Rail Travel Purpose
Ministry of Railways has decided to incorporate downloaded Aadhaar (e-Aadhaar) also as prescribed proof of identity at par with printed Aadhaar Card during travel.With this the complete list now of prescribed proofs of identity which are valid for undertaking journey in any reserved class on Indian Railways is given below:i) Voter Photo Identity Card by Election Commission of India.ii) Passport.iii) PAN Card issued by Income Tax Department.iv) Driving License issued by RTO.v) Photo Identity Card having serial number issued by Central/State Student Identity Card with photograph issued by recognised School/College for their students.vii) Nationalised Bank Passbook with photograph.viii) Credit Cards issued by Banks with laminated photograph.ix) Printed unique identification card “Aadhaar” or downloaded Aadhaar (e-Aadhaar).x) Ration Card with photograph of passenger…

GST roll out

GST rollout: What will be cheaper or dearer

The Big News: Cabinet approves recommendations of the 7th CPC on allowances-FMA increased to Rs1000 wef 1.7.2017

Cabinet approves recommendations of the 7th CPC on allowances
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved the recommendations of the 7th CPC on allowances with some modifications. The revised rates of the allowances shall come into effect from 1st July, 2017 and shall affect more than 48 lakh central government employees. While approving the recommendations of the 7th CPC on 29th June, 2016, the Cabinet had decided to set up the Committee on Allowances (CoA) in view of substantial changes in the existing provisions and a number of representations received. The modifications are based on suggestions made by the CoA in its Report submitted to Finance Minister on 27th April, 2017 and the Empowered Committee of Secretaries set up to screen the recommendations of 7th CPC. 7th CPC recommendations on Allowances The 7th CPC had adopted a three-pronged approach in examining a total of 197 allowances which involved an assessment of the need for continuation of each …