SAMPLE CALCULATIONS OF PENSION - 7 CPC

SAMPLE CALCULATIONS- Sunday, May 14, 2017

Implementation of Government's decision on the recommendations of the Seventh Central Pay Commission -Calculation of Revised of pension of pre-2016 pensioners/family pensioners, etc :

OM No.38/37/2016-P&PW(A) dated 12.5.2017 :

Implementation of Government's decision on the recommendations of the Seventh Central Pay Commission - Revision of pension of pre-2016 pensioners/family pensioners, etc :

SAMPLE CALCULATIONS
i) REVISED PENSION OF PENSIONERS WHO RETIRED BETWEEN 1-1-1986 & 31-12-1995 (4TH CPC SCALES)

Step 1: work out Notional pay as on 1.1.1996 = LPD at the time of retirement + DA as on 1-1- 1996 was 148 % up to Rs.3500 BP and 111% for BP Rs.3501 to 6000 with minimum of Rs.5180 + IR 1 Rs 100/- + IR II =10% of BP (min Rs100) + 40% fitment benefit sum total be placed in appropriate stage in the 5th CPC scale corresponding to the scale from which retired

ITR-1 FILING ON LINE WITHOUT TEARS

UNDER CONSTRUCTION  -  MAKING IT WITHOUT TEARS FOR A LAY MAN

How to file ITR-1 Online ? – Income Tax 2017-18 (A.Y 2018-19) – Easy steps to file ITR-1 Online

The Calculation and TDS process of Income Tax liability of Salaried Employees and pensioners for the year 2017-18 (The assessment year 2018-19) would have been over by this time. Now it’s time for Employees and the Pensioners to receive Form-16 from the Employer or PDAs (Banks in most cases) and file their income tax return.

MAJ GENs - REVISION OF PENSION - 6 CPC (Gen VAINS CASE)

REVISION OF PENSION FOR ALL PRE-2006 MAJOR GENERALS.

(Implementation of Honourable Supreme Court judgment in Maj Gen VAINS and others Case)

    Govt of india had to finally accept implementation of the above Judgment for all Maj Gens (Letter  - CLICK TO OPEN ) . It means that on 01 Jan 2006 their last drawn pay would have to be re-fixed as if for 6th CPC in line with serving Maj Gens who are similarly placed in Years of Service in Rank and pension be given accordingly wef 01 Jan 2006. The PCDA (O) had issued the revised LPC based on which PCDA (P) has also issued revised Corrg PPO to all the pre 2006 Maj Gens. This results into increase in pension from 01 Jan 2006 to 30 June 2014. Most of the Maj Gens have thus also received their arrears by July 2019. All pre-2006 retired Maj Gens have thus been benefited. 
     We give here how to check the correctness of arrears and how to spread them to the previous years to which they pertain to claim rebate in Income Tax under Sec 89 (l)

WOMEN IN COMBAT ARMS - INDIAN ARMY

 POST UPDATED ON 29TH JUN 2017 

There are large number of articles on the subject in this post . please read to the end.. We thank the authors for contributing articles and their view points.

WOMEN IN INDIAN ARMY (COMBAT ARMS)

Maj Gen P K Mallick, VSM(Retd)

       For number of years I had been sending e-mails on matters of military interest to many officers in my mailing list. I have not been publishing them as papers because free and frank opinion cannot be given in military journals for obvious reasons, Role of Woman in Army has been covered number of times by me. (CONTD - CLICK BELOW, Kindly do give us your views on the subject under comments at the bottom of this page,  Some of the reactions from officers have also been appended at the bottom of this post) ------>>

RETIRED RECENTLY - VETERANS

THIS POST IS FOR YOU.....                     (Updated - today)

ACTIONS BY RECENT RETIREES THEY MUST TAKE AFTER RETIREMENT ASAP

1. It is a fact of life that we, while in service never bothered about our Retired Phase of Life. We may have been very good professionally Wwith long tails of qualifications, however, are virtually NIX on the issues which bug us all day in and day out during the retired life. During service one had a functional office as well as administrative support which just vanished in thin air, in a short while after one's farewell to arms.
2. Are you, for sure, aware as to what all forms you filled up and sent to AG's branch six months before your superannuation. Wasn't it your Head Clerk who liaised with another unit to copy all these documents from the ones belonging to another recent retiree. Our ignorance would surely lead to many issues which will crop up in a few years. We will then be bash our head here and there to rectify what could have been done easily immediately after retirement. (CONTD)

PENALTY INTEREST ON DELAYED PAYMENTS OF PENSION BY PDAs

COMPENSATION BY AGENCY BANKS (PDA) FOR DELAYED PAYMENT OF PENSION AND FAMILY PENSION WEF 01 OCT 2008

1.       A large number of pensioners/family pensioners have been facing the problem of delayed payments by banks or paying lesser pension than their entitlement. It's been found to be a very very common problem particularly faced by the Family Pensioners who are generally not aware of their entitlements and the system which pays them the pension. We have seen my pensioners and Family pensioners running to their banks and virtually begging the bank clerks to look into the payments and corrections whereas they are duty bound by explicitly laid down rules too pay the correct pension without any claims from us. The attitude of the bank clerks in most of the banks has generally seen to be rude and indifferent as if they are the ones who are giving the pension to them. (Contd -click below) ----- 

LINKING AADHAAR AND PAN - Simplified

Income Tax (IT) Department simplifies linking PAN with Aadhaar for taxpayers using Income Tax India website. No need to login or be registered on the E-filing website for linking
The Income Tax (IT) Department has made it easy for taxpayers to link their PAN with Aadhaar. Responding to grievances of taxpayers regarding difficulties in linking PAN with Aadhaar as their names did not match in both systems (e.g., names with initials in one and expanded initials in another), the IT Department has come out with a simple solution now.Taxpayers can go to "http://www.incometaxindiaefiling.gov.in/" and click on the link on the Link Aadhaar, provide PAN, Aadhaar number and ENTER NAME EXACTLY AS GIVEN IN AADHAAR CARD (avoid spelling mistakes) and Submit. One can also direclty reach the page  for linking  your aadhaar with your PAN  clicking on "Link Aadhaar" or by selecting the option under services section in their home page.

COMPENDIUM FOR VETERANS

ALL IN ONE COMPENDIUM FOR VETERANS

(A BOOKLET PREPARED BY SIGNALS PARIVAAR FOR THE BENEFIT OF RETIRED FAUJIs)

1.      While in service, we planned for all contingencies which might occur, whether in official or in our personal issues. However, after retirement many of us do not exercise the same josh in our personal affairs. We feel that we still have plenty of time to go, as such will look into our affairs to set them in  order in due course of time. The time is moving from second to second since the entire Universe is dynamically changing every nano-second. One is not ever sure when our invitation will come to take on the journey to our heavenly abode. Let us be frank and face the fact of life without faking our worldly thoughts the end may be , all you know is round the corner. So friends its time now to