WHERE IS CGEPHIS?CENTRAL GOVERNMENT EMPLOYEES WAITING FOR THAT SCHEME TO COME.

We know already that central Government is planning to introduce a New Medical Insurance Scheme to central government employees and Pensioners.(OM No S 11010/6/2009-CGHS-P(Pt). Government notice also published in the newspapers all over the country on 28-01-2010.



In this insurance scheme a family  can claim up to Rs 5 lacs.But the premium amount has been not yet decided.

Demand survey  for the CGEPHIS to find out the beneficiaries for taking further steps to implement.Those employees who are interested in this scheme can join and it is included for the retired employees also.



The scheme is compulsory for the new recruiters and the employee to be retired.The scheme which was introduced  was not been educated to the lower group employees.Computers with internet connection is not common among the employees.So it is difficult  for the employees to know about this scheme..At the mean time the managements  and the trade unions who are responsible  to educate the common employees are not involved  in this matter.



The present scheme(CGHS) has its prescribed rates in the final claim.Lower group employees gets only 60% to 80%  in their final claim.17 lac employees and 7 lac retired employees will be getting benefit by this scheme But the scheme still not implemented in to action.



Central government employees portal interact with some employees regarding the new scheme, most of them interested in this.



The following points may be concentrated by federations



1 Give wide publicity to this scheme(CGEPHIS).That means a lower grade employee also should know about this scheme.

2  Bring down the premium amount as much as possible.

3  Initial premium should be paid by the government

4  Instead of insisting their(federations) views to the employees they must educate and explain them to take a decision in this regard.
Read More...

GENERAL RULES FOR CONCESSION--INDIAN RAILWAYS

GENERAL RULES FOR CONCESSION



The detailed rules, procedures, entitlement, purposes, etc for grant of concession are contained under different serial numbers in IRCA Coaching Tariff, Part I (Vol. II) which can be purchased from the General Secretary, I.R.C.A., Chelmsford Road, New Delhi. For any complaints or clarifications, the General Manager or the Chief Commercial Superintendent of the concerned Zonal Railway Administration should be approached. The important general rules for concession, in reference to the above mentioned Tariff, are as under:



1.(a)All concessional fares shall be calculated on the basis of fares for Mail/Express trains irrespective of the type of train, i.e. Mail or Express or Passenger, by which the passenger travels.



(b)Concession shall not be granted for any journey the cost of which is borne by the Central or State Government or a local authority or a Statutory body or a Corporation or a Government Undertaking or a University.



However, the students participating in the tournaments held or recognized by the schools or universities will be eligible to the concession.



(c)Concession shall be admissible only in respect of basic fares. No concession is admissible in respect of other charges, viz. superfast sucharge, reservation fee, etc. However, in cases where concession has been allowed in Rajdhani/Shatabdi/Jan Shatabdi trains, the concession shall be admissible in the total charges (including catering) of these trains.



(d)The concessions will be admissible subject to the minimum distance of 300 Kms, except in the case of students, blind, orthopaedically handicapped/paraplegic persons, TB and Cancer patients, Kidney patients, non-infectious leprosy patients, mentally retarded persons, thalassamia major disease patients, Heart, Hemophilia Patients, War Widows, Widows of IPKF, Widows of martyrs of operation Vijay 1999 (Kargil), Widows of defence personnel killed in action against terrorists & extremists, National Awardee Teachers, Shram Awardee Industrial Workers, Widows of Policemen killed in action against terrorists & extremists, Senior Citizens, Allopathic Doctors, parents accompanying the National Bravery Awardee child, Police Medal Awardees, Dronacharya Awardees coaches, sportsmen, Unemployed Youths for attending interviews for jobs, and their escorts, wherever admissible under the rules, in whose case the above mentioned distance restriction will not apply. However, the distance restrictions otherwise applicable to general public for travel in each individual train will apply for issue of concessional tickets also.



2.Only one type of concession is admissible at a time at the choice of passenger and no person is allowed two or more concessions simultaneously.



3.(a) Break of journey en-route shall not be allowed on a concession ticket for a journey for a specific purpose viz. a student travelling to/from an examination Centre, a Cancer patient travelling to/from a hospital, a professor travelling to/from a Conference, etc. It is allowed only where a break of journey is a natural event.



(b)Passengers breaking their journey are required to have their ticket endorsed from the Station Master where journey is broken.



(c)Passengers terminating journey en route, must surrender their ticket at the station where the journey is terminated. Refund for the untravelled portion on such tickets will not be allowed.



4.Except Senior Citizens, concession on Indian Railway will be admissible on production of the requisite certificate from the concerned Person/Organization in India and the documents issued by persons/organizations in other countries shall not be valid for the purpose of concession.



5.In the case of Senior citizens, no proof of age is required at the time of purchasing tickets. Concession tickets are issued on demand made through the option in reservation form. However, they are required to carry some documentary proof showing their age or date of birth and produce it if demanded by some Railway Official during the journey. Any document issued by any Government Institution/ Agency/Local Body, like Identity Card, Ration Card, Driving Licence, Pass Port, Educational certificate, certificate from Panchayat/Corporation/ Municipality, or any other authentic & recognised document, is acceptable for this purpose. The Pass Port issued by foreign countries is also valid.



6.The holder of a concession ticket is not permitted to change the ticket to a higher class even by paying the difference of actual fares. However, the categories of persons eligible for concession in first class (and not in AC 2-tier) can purchase tickets for AC 2-tier sleeper also on payment of the first class concessional fare plus difference of actual fares of AC 2-tier sleeper & first class.



7.Save as otherwise specifically provided, concession is not admissible in season tickets, circular journey tickets and prestigious trains like Rajdhani Express, Shatabdi Express, etc. which have separate all inclusive fare structure. Concession is admissible to any one in Garib Rath Express trains.



8.In case where concessional Single/Return Journey Tickets or Season tickets or Circular journey tickets are to be issued for two or more persons, the concessional fare shall be calculated separately for each person.



9.All the concessions are to be granted across the counters at Stations/ Reservation Offices/Booking Offices only. If some person enters the train without ticket or without proper ticket or extends journey on concession ticket or changes the concession to higher class, etc., he shall not be granted any concession in train, even if he is otherwise eligible for it under the rules.





SOURCE;INDIAN RAILWAYS



YOU MAY NEED THIS



INCLUSION OF SOME LEFT OVER ITEMS IN ANOMALIES

ENTITLEMENT OF PRIVILEGE PASSES FOR RAILWAY EMPLOYEES

RAILWAYS TO ACCEPT TWO MORE PROOFS FOR IDENTIDY
Read More...

CONSOLIDATED INSTRUCTIONS ON REGULARIZATION OF UNAUTHORIZED ABSENCE OF CENTRAL GOVERNMENT EMPLOYEES-DOPT ORDER

TO  Regularization of unauthorized absence DOPT issued a OFFICE MEMORANDUM No13026/3/2010-Estt-(Leave)

In this order a Government servant who remains absent after the end of leave is entitled to no leave salary for the period of such absence.



Absence from duty after expiry of leave, disciplinary  action will be taken against the government servant.



A government servant who remains absent without any authority should be proceeded against immediately.He should be informed of the consequences of such absence and be directed to rejoin duty immediately/within a specified date, say with in three days, failing which he would be liable for disciplinary action under CCS (CCA) Rules 1965

To view the OFFICE MEMORANDUM CLICK HERE



YOU MAY  NEED THIS 





TRANSFER ON DEPUTATION

EXTENSION OF RISK ALLOWANCE



TRAVELLING ALLOWANCE DOPT LATEST ORDER
Read More...

Instructions regarding issue of Medicines to the CGHS Beneficiaries for Chronic Illness, Reiterated

            The Central Government servants/pensioners who are availing of medical facilities under the Central Government Health Scheme and are suffering from chronic illnesses like diabetes, tuberculosis, heart ailment, hypertension, I.H.D., epilepsy, etc., can be issued medicines for a period of three months at a time by the Officer-in-charge of the CGHS dispensary, provided the specialist has prescribed the medicine for a long period.  This Ministry has been receiving complaints from the patients suffering fro long term diseases and the Pensioners Organizations, etc., that the patients are not being issued medicines for a period of three months at a time and they have go to the dispensary every month for issue of the requisite medicines.

 2. In order to alleviate the hardships being faced by such CGHS beneficiaries, CMO-in-charge of the CGHS dispensaries all over the country are requested to issue them medicines for a period of 3 months at a time against the individual valid prescription containing the advice of the Government specialist.  They may, however, satisfy themselves of the circumstances for the period for which the medicines are issued.  
3. The CMO-in-charge may also maintain the records indicating all such cases where medicines are issued to CGHS beneficiaries for a long period along with the name of the beneficiary, diagnosis and justification for issue of medicines.
4. The above-mentioned orders are also being circulated to all the Ministries/Departments of the Government of India for general information of all the CGHS beneficiaries.
SOURCE;CGHS
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CCS (LTC) Rules 1988-Relaxation for travel by air to visit J&K---DOPT

No 31011/22003Estt-(A- IV)
Government of India
Ministry of Personnel,P.G. and Pensions
Department of Personnel  & Training
New Delhi the dated 18 th June 2010


OFFICE MEMORANDUM


Subject;CCS (LTC) Rules 1988-Relaxation for travel by air to visit J&K



The under signed is directed to say that  in relaxation of CCS LTC Rules 1988,it has been desided by the government  to permit Government employees to travel by by air to J&K as per the following scheme



(i)  All officers /Employees of Government of India will be allowed to avail LTC  to visit J&K against conversion of one block of their home town LTC.



(ii) Officers /Employees of Government of India entitled to travel by air can avail this LTC  in their entitled class



(iii) All other employees of Government of india  can travel by air in economy class from Delhi to Amritsar to any place in J&K by any air lines subject to their entitlement being limited to LTC- 80 fares of Air India.Journey from their place of posting  up to Delhi/Amritsar will have to be under taken as per their entitlement.

(iv) Restriction of air travel only by Air India  on LTC to other places shall continue to remain in force.

(v) This schemr shall be effective from the date of issuance.



2 This order shall be in operation for a period of two years from the date of issue of this O.M.



3 In their application to the staff serving in the Indian Audit and Accounts depatrment ,these orders issue

in consultation with the  Comptroller and Auditor General of India



(Smt Rajbala singh)
Under secretary of India
Tel;;23092313


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Fill up vacancies for disabled by June 30, HC tells govt

Fill up vacancies for disabled by June 30, HC tells govt



Mumbai, Jun 17   The Bombay High Court today said if the government did not fill all the existing vacancies in the posts reserved for disabled by June 30, it would consider freezing the recruitment even in the general category.



The division bench of acting Chief Justice J N Patel and Justice S C Dharmadhikari, which was hearing PILs filed by National Association for Blind and others, also directed that identification of new posts — which can be reserved for disabled — must be completed by July 30.



The PILs were filed three years ago, seeking implementation of Disability Act of 1995, which created a three per cent quota for those with handicaps.



“Authorities must be sensitive to the requirements of the disabled… They don’t need your sympathy, but give them work,” the bench said.



source;(PTI)
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RESTRUCTURING OF ARTISAN STAFF IN DEFENCE ESTABLISHMENTS-EFFECT FROM 1-1-2006-6 TH CPC

Restructuring of Cadre of Artisan staff in Defence Establishments in modification of recommendations of 6th CPC





No.11(5)2009 D(Civ-I)
Government of India
Ministry of Defence
******
New Delhi, the 14th June, 2010
To

The Chief of Army Staff

The Chief of Air Staff

The Chief of Naval Staff

The DGOF

& all Heads of Inter Services Organizations.



Subject:- Restructuring of Cadre of Artisan staff in Defence Establishments in modification of recommendations of 6th CPC.



Sir,



The matter regarding revision of pay scale of Master Craftsman in Defence Establishments has been under consideration of the Government of quite some time. Now in partial modification of the 6th CPC recommendations made in para 3.8.27 of its report and amendment made in Civilian in Defence Services (Revised Pay) Rules, 2008, vide SRO 11(E) dated 28.8.2009, I am directed to convey the sanction of the President of restructuring of cadre of Artisan Staff in Defence Establishment as under,



2. The grade structure in the industrial as well as in the non-industrial trades, wherever already available and the pay scales of the Defence artisan staff shall stand modified w.e.f. 1.1.2006 as under:



(i) Skilled – Pay Band PB-1 Grade Pay Rs.1900

(ii) Highly Skilled Grade II – Pay Band PB-1 Grade Pay Rs.2400

(iii) Highly Skilled Grade I– Pay Band PB-1 Grade Pay Rs.2800

(iv) Master Craftsman – Pay Band PB-2 Grade Pay Rs.4200



3. (a) Wherever the grade structure in the Industrial as well as Non-Industrial trades is already existing in the ratio of 45:55, the erstwhile Skilled and High Skilled, and 25% of Highly Skilled in the grade of Master Craftsman, the following will apply,



• 45% of the posts may be granted the pay scale of Skilled Worker (Grade Pay of Rs.1900 in the Pay Band PB-1)



• 25% of the remaining 55% may granted the pay scale of MCM (Grade pay of Rs.4200 in the Pay Band PB-2), and



• The remaining posts may be divided in a ratio of 50:50 and redesignated as Highly Skilled Worker Grade-II (Grade Pay of Rs.2400 in Pay Band PB-I) and Highly Skilled Worker Grade-I (Grade Pay of Rs.2800 in Pay Band PB-I).



(b) The Placement of the individuals in the posts resulting from the restructuring shall be made w.e.f. 1.1.2006, in relaxation of the conditions, if any, i.e. trade test etc. as one time measure.



(c) Highly Skilled Grade I shall be en-bloc senior to Highly Skilled Grade II



4. (i) The post of Master Craftsman shall be part of the hierarchy and the placement of Highly Craftsman of Highly Skilled Grade I in the grade of Master Craftsman will be treated as promotion.



(ii) In the case of Defence Establishments where there is no category of Skilled Workers and direct recruitment’s made 100% at the level of Highly Skilled, the posts of Master Craftsman existing as on 1.1.2006 will be placed in PB-2 + GP 4200 and the remaining posts of Highly Skilled Workers may be bifurcated in HS-I in the ratio of 50:50.



(iii) In view of the above re-structuring, the artisan staff may be allowed to give revised option for pay fixation w.e.f. 1.1.2006 within these months from the date of issue of orders in this regard.



(iv) The existing recruitment rules for the Tradesman may be amended and RRs for the post of MCM may be framed accordingly.



5. The expenditure involved will be dehitable to the respective Heads of Defence Services Estimates.



6. To the extent of provisions indicated in the paragraphs above MoD letter No. 11(1)/2002-D(Civ-I) dated 20.5.2003 stands amended.



7. This issues with the approval of DOP&T U.O. No.5358/10/CR dated 25.2.2010 and Ministry of Finance I.D. No.2(16)E.III Desk/2008 dated 10.06.2010 and concurrence of Ministry Defence (Finance AG/PB) vide their U.O. No.164/AG/PB dated 14.06.2010.



(M.S. sharma)

Under Secretary of the Government of India



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RESTRUCTURING OF ARTISAN IN DEFENCE

74% FDI IN DEFENCE PRODUCTION

ARMY DECIDED TO TAKE 124 MBT ARJUN TANKS---
Read More...

PROVIDENT FUND WOULD NOT BE TAXED ON WITHDRAWAL-CENTRAL GOVERNMENT





Retirement benefits not to be taxed: Govt



The government said provident funds would not be taxed on withdrawal and dropped a proposal to levy Minimum Alternate Tax from corporates based on their assets from the revised draft Direct Taxes Code.

The Code, released for public discussion, does not give any details on the Income Tax structure such as the slabs or rates, which were provided in the first draft released in August 2009.



Based on the outcome of discussion on the revised draft code, the government will bring in a new Income Tax legislation to replace the archaic Act of 1961.



Revenue Secretary Sunil Mitra said the taxation rates in the first draft, which suggested 10 per cent tax on income from Rs 1.60-10 lakhs and 20 per cent on income between Rs 10-25 lakhs and 30 per cent beyond that, were illustrative.



He said the tax rates would be made known only in the proposed Act, a bill for which will be introduced in Parliament in the coming monsoon session.



"As of now, it is proposed to provide the EEE (Exempt- Exempt-Exempt) method of taxation for Government Provident Fund (GPF), Public Provident Fund (PPF) and Recognised Provident Funds (RPF) ...", the revised DTC released by the Finance Ministry said.



The revised draft also puts pensions administered by the interim regulator PFRDA, including pension of government employees who were recruited since January 2004, under EEE treatment.



Source: Indian Express
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General provident fund (GPF) ---Conditions for final closure



Final withdrawals from the Fund
Final withdrawal of accumulation in the Fund shall become payable to the government official;




  • when a subscriber quits the service





  • when a subscriber retires on superannuation.





  •  in case of death while in service

Submission of application for final withdrawal  :


The application duly signed by the subscriber / claimant for the final withdrawal of the balance at credit in the account should be given to the department a year before the date of retirement and it is to be forwarded to Accountant General’s office along with requisite documents by the authority who is competent to sanction temporary advance / part final withdrawal to the subscriber.


Manner of payment  :


The Accounts officer shall after verification with the ledger account issue an authority for the amount, determined as payable, at least a month before the date of superannuation but payable on the date of superannuation.  The GPF accumulations payable to the Government Servant shall be paid to the person(s) on whom the right to receive the amount is conferred by means of a nomination as per rules, if the said Government Servant dies after retirement without receiving the GPF accumulations. If the Government Servant dies while in service, where there is no nomination, the amount will be paid to the family members as per rules. 


source;AGs office
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GPF--CONDITIONS FOR WITHDRAWAL

Withdrawals from the Fund 
Withdrawals may be sanctioned by the authorities competent to sanction, at any time after the completion of Fifteen years of service of the subscriber or within Ten years before the date of his superannuation, whichever is earlier, from the amount standing to his credit in the Fund. 
Conditions for withdrawal  :
  • Only one withdrawal is allowed for the same purpose.

  • The amount shall ordinarily not exceed 60 % of the balance at credit subject to a maximum of Rs 2.5 lakhs or 75 times of the Basic Pay, which ever is lesser. 

  • In one financial year, a subscriber can draw either the temporary advance or the part final withdrawal after a gap of 6 months of drawal of any one, so that there would be only two withdrawals in a year.

  • The authority competent to sanction part final withdrawal can sanction the withdrawal up to 90% of the balance at credit of the subscriber when it is applied for within 12 months before retirement.  This can be availed of only once, without assigning any reason for withdrawal and without any authorization from A.G. even if it is applied for within the last 4 months of service.

  • The balances under V pay commission arrears, UGC arrears and IDA credited prior to one year can be taken in to account for computing 90% of the balance. VI pay commission arrears not to be included.


    source;AGs office

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General provident fund (GPF) ---Conditions for getting advance

Advances from the Fund : 

Temporary advance may be granted to a subscriber from the amount standing to his / her credit in the Fund at the discretion of the appropriate authority, to meet the expenditure as listed in the Rulebook. 

Conditions for sanction : 

  • There should be a sanction order in writing by an authority specified in the 5th schedule of the Rules. 

  • The temporary advance should not, except for special reasons, exceed 50% of the balance standing at his credit.

  • The 2nd advance can be sanctioned only after 6 months from the date of drawal of the first advance, and this fact should be certified in the sanction order. 

Recovery of advances : 

  • The advances shall be recovered from the subscriber in such number of equal monthly installments as the sanctioning authority may direct, but such number shall not be less than 12, unless the subscriber so elects, or more than          24 / 36. 

  • When there is an advance running, it should be consolidated when a second advance is sanctioned and the subsequent installments for recovery of advances shall be fixed with reference to the consolidated amount
    No interest shall be charged on the temporary advances


    source;AGs office

Read More...

IMPLEMENTATION RECOMMENDATIONS OF 6TH CPC-MERGER OF GRADES-REVISED CLASSIFICATION .MODE AND SCHEME FOR FILLING VACANCIES

GOVERNMENT OF INDIAMINISTRY OF RAILWAYS

(RAILWAY BOARD)
No.E(NG)I/2008/PM1/15 Vol.II
New Delhi, dated 07-06-2010
The General Managers(P)

All Indian Railways and Production Units.

(As per Mailing lists)
  
Sub :     Implementation of recommendations of 6th CPC-Merger of Grades-Revised classification and mode of filling up of non-gazetted posts-Scheme for filling up of regular vacancies arisen on or after 01.09.2009.
  
    Reference this Ministry’s letter of even number dated 03.09.2009 wherein it was indicated that scheme for filling up of vacancies arisen on or after 01.09.2009 will be issued in due course. It has been decided that following methodology may be adopted for filling up of promotional vacancies as may arise till 31.12.2011:-
2.     As indicated in the letter of even no. dated 03.09.2009, the bench mark for promotion to the posts carrying the Grade Pay Rs.4200 on seniority-cum=suitability basis was prescribed as 6 marks while for posts with Grade Pay Rs.4600 & above, the benchmark was 7 marks. This was permitted as a one time relaxation in order to fill up the vacancies arisen upto 31.08.2009, after merger of grades due to implementation of 6th CPC recommendations.
2.1     Now it has been decided that the above mentioned benchmarks for filling up the vacancies arising upto 31.12.2011 will be 6 and 8 marks out of 15 for posts in Grade Pay Rs.4200 and Rs.4600 & above respectively wherever promotion is to be done on the basis of ‘Seniority-cum-suitability’.
2.2     All other conditions as indicated in letter dt.03.09.2009 shall remain unchanged.
        Please acknowledge receipt.
        Hindi version will follow
  
(D.V.Rao)

Jt. Director Estt.(N
Railway Board
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DECIDE BEFORE GETTING HOUSING LOAN.A USE FUL MESSAGE TO CENTRAL GOVERNMENT EMPLOYEES AND OTHERS

To buy or to rent?



Deciding on whether to buy a house or to rent one is never a simple decision. In most cases, it leads to a Catch-22 situation depending on the age band one falls into. Still people forget that the question is not whether to buy or rent but when to buy!





Real estate investments have rarely gone through a downturn except for a few extreme circumstances like the most recent financial crisis.





Yet even if you find yourself in a spot where a newly purchased property needs to be put up for sale due to unforeseen circumstances, the proceeds shall most certainly outweigh the money spent.





Here’s a ready reckoner on the parameters that you must consider before zeroing in on a decision.





Forced savings





Time and again, it has been seen that people in the lower age group between 25-30 consider renting a better option as they like to be more mobile.



The first instinct usually with them is to compare payouts for rent against monthly installments to decide whether it makes financial sense.



Since EMIs typically are almost double of the payable rent, owning a house appears a lot more expensive.





“They don’t take into account that while rentals will rise over the years, EMIs will remain constant. So what seems cheaper today may become more expensive in a few years,” says Rajnish Kumar, head of product and marketing at Fullerton Securities, a wealth advisory firm.





Actual cost of a loan is lower





Besides, actual cost of a loan is lower because of tax deductions allowed in case of ownership despite tax deduction on rentals available as well.





Moreover, owning a house is a form of forced savings, even as rent is an expense that drains one out every month. Financial planners say that owning a house shouldn’t be seen as a move that reduces your mobility.





“In today’s times, when renting out one’s house is an easy and safe option, I don’t see why house ownership should be deferred.You can always lease out your house that can easily offset the cash outflow for your accommodation rental at a new place,” says Shuddhasattwa Ghosh, associate director, tax and regulatory services at consultancy firm, PricewaterhouseCoopers (PwC).





Be realistic





One aspect you should always be wary of is that never get yourself in a situation where you are biting off more than you can chew.



Many a times, it has been seen that DINK (Double Income No Kids) couples give way to the desire to own that dream house and end up making an expensive purchase without bothering to think about the future.





“The assumptions, a lot of times are ever-rising salaries, unlimited opportunities, zero dependents and negligible personal responsibilities.





"However, what they do not keep in mind is that once they start a family, they may or may not be in a position to continue earning the same salaries. That is where managing loan burdens can be an uphill task,” says Aditya Gadge, a certified financial planner and manager-marketing and business Development at Financial Planning Standards Board (FPSB) India.





EMI loan amount should not be more than 40% of your take home





As a rule of thumb, financial planners say the EMI loan amount should not be more than 40% of your take home. If you are buying your first house and plan to inhabit it yourself, make sure the return on investment pitch given by the builder or the broker doesn’t fool you.





“In all probability, you will not be selling this property for a long-long time to come and specially not to make investment gains,” says Gadge.





For those living in metros like Mumbai where the intra-city distance could be greater than the distances between two major cities of any other state, proximity to the work place should be one of the biggest determining factors while assessing whether to buy or rent a house.





For example, the two biggest cities of Chhattisgarh, Raipur (capital) and Bilaspur are only 120kms (that is almost equivalent to total stretch of Mumbai) apart, which can be covered in less than two hours. In comparison in Mumbai, traveling 15 km on a good day can take you a minimum 75 minutes and on a bad day can take up to more than two hours.





House property can come to a great use in the old age





Further, with financial institutions offering reverse mortgage schemes, the house property can come to a great use in the old age, if so required.





You must not think at any given time about how much money you can save in the long run if a house is purchased. This can be risky and myopic.





Another caution you must exercise is don’t let the increasing real estate rates and decreasing interest rates fool you in to feeding on the housing craze.



Significant gap between cost of buying and cost of owning the house





“There is a significant gap between cost of buying and cost of owning the house. If you can’t afford the real cost of ownership, no matter how mouth-watering the interest rates are, it just doesn’t make financial sense to hop-on,” says Gadge.



Moreover, in case of individuals who have spotted good business opportunities and would like to trade off their salaried professions for the charms of entrepreneurship, financial planners say having a high loan burden could act as a dampener or in some cases can completely derail the business plans.





Such people can find it difficult to come up with a regular answer to their EMI calls and may never be able to take up the challenge.





courtesy;The Economic Times
Read More...

IMPORTANT FAQ REGARDING CENTRAL GOVERNMENT EMPLOYEES HOLIDAY HOMES AND BOOKINGS



Faq  



• What is General Pool Residential Accommodation?





• Who is eligible to apply?





• When to apply and how?





• What are entitlements for various types of accommodation?



• What is the Rolling Allotement Year?





• How are Waiting List prepared?





• What are the seprate Pools/Quotas within the General Pool





• What is the general procedure for allotment?





• Acceptance of allotment and follow up action





• What is the procedure for change of accommodation?





• How technical acceptance/area restriction for change allotment is secured





• Can an applicant seek reconsideration of allotment offered?





• How to apply for the allotment of garage?





• How mutual exchange of accomodation can be sought?





• How recovery of licence fee is made and at what rate?





• What is the period of retention permissible after an allottee ceases to be eligible?





• How to apply for retention?





• Are there any special concessions allowed in case of transfer to hard areas?





• What are the consequences of unauthorized occupation?





• How to surrender Government accomodation?





• How to obtain'No Dues Certificate'(NDC)from the Directorate of Estates?





• What are the rules regarding sharing of accommodation and what amounts to subletting?





• Can the allottee use the accomodation,garage,etc.for other purposes and undertake



additional construction therein?





• Can an allottee secure temporary allotment of additional accommodation?



• Can Government accommodation be allotted to the eligible ward/spouse/daughter-in-



law/married daughter of an allottee in case the allottee retires/dies in service?





• Whether retention/allotment is admissible in the event of mandatory posting to



PSUs/autonomous Bodies, etc?





• Does the Directorate of Estates have any Holiday Home / Touring Officers Hostel for



Central Government employees?





• Does the Directorate of Estates have any Information and Facilitation Centre and



Grievances Redressal System?





• Does the Directorate of Estates have Citizen Charter?





What is General Pool residential accommodation?





Government residential accommodations under the administrative control of Directorate



of Estates in Delhi and at 31 stations outside Delhi constitute the General Pool residential



accommodation (GPRA). Allotment of GPRA is governed as per provisions of the



Allotmentof Government Residences (General Pool in Delhi) Rules, 1963 and executive



instructions issued there under.





Who is eligible to apply?





• All Central Government employees and the employees working under the Government of



NCT of Delhi, who are working in the offices, which have been specifically declared



eligible for General Pool, are entitled for allotment of accommodation from General Pool.





When to apply and how?



• Applications for allotment of entitled type of accommodation can be made at any time



after regular appointment / joining on transfer at the place of posting in the organisations,



declared eligible for GPRA. The applications received up to the last day of the month are



included in the Waiting List of the subsequent month.



• All applications are required to be made on the prescribed DE-2 forms, duly forwarded by



their administrative offices. Such application forms can be purchased from the



Information and Facilitation Centre (IFC), Directorate of Estates, Nirman Bhawan, New



Delhi, on payment of Rs. 5/- each.





What are entitlements for various types of accommodation?



• The General Pool accommodation has been classified in 11 categories (excluding Hostel



accommodation).





• The entitlement of an applicant for a particular type is determined with reference to the



basic pay drawn by him on 1st January of the current calendar year.



• The eligibility pay for various types of accommodation is as under:





Type of Residence                       Eligiblity pay Range



           I                                         Less than Rs.3050



           II                                          Rs.3050-5499



           III                                          Rs.5500-                                                                         

          IV                                       Rs  8500-11999



       IV(Spl)                                        Rs10000



    VA(DII)                                     Rs12000-15099



    VB(DI)                                      Rs 15100-18399



    VIA(CII)                                     Rs18400-22399



    VIB(CI)                                      Rs22400--24499



    VII                                              Rs 24500-25999



     VIII                                           Rs26000 and above





Hostel accommodation





Single Suite without kitchen                     Rs  6500



Single Suite with kitchen                          Rs 6500



Double Suite                                           Rs 8500





• Officers eligible for Type IV (Spl) and higher accommodation may also apply for



accommodation below their entitlement. However, such allotment will be made on



maturity of their turn in the Waiting List for such accommodation





What is the Rolling Allotment Year?



• The concept of Rolling Allotment Year has been introduced with effect from 1.4.2002.



Applications are invited from all eligible employees instead of on restricted basis as was



done in the past. There is now a rolling allotment year with cut off date as on 1st January



of each calendar year for determination of eligibility for various types of accommodation.



• In case eligibility for Government accommodation undergoes change after submission of



application in a particular calendar year, the applicant may apply for allotment of the



entitled type of accommodation as per his revised emoluments.





How are Waiting Lists prepared?





Waiting List for Type I to IV





• The length of service i.e. the date from which the Government servant has been



continuously in service under the Central Government or State Government [including the



period of Foreign Service] is the criteria for the purpose of preparing the waiting list for



Type-I to IV accommodation,



Waiting List for Type IV-Spl and higher



• The Waiting List for Type-IV(Spl) and higher accommodation (including Hostel type) is





prepared with reference to the earliest date from which a Government servant has been





continuously drawing emoluments relevant to a particular type of accommodation in a





post under the Central Government or State Government or Foreign Service.





Change waiting list



• Change waiting lists, area-wise/floor-wise, are maintained on “first come first served”



basis for type I to IV accommodation.



• The Government employees may apply for their desired locality/floor, on maturity of their



turn in the initial waiting list.



• For Type IV-Spl and higher types of accommodation (including Hostel), the List is







prepared with reference to the earliest date from which an official has been continuously







drawing emoluments relevant to a particular type of accommodation in a post under the







Central Government or State Government or Foreign Service. A Unified Waiting List for







Initial as well as Change is maintained for such categories of accommodation.







What are the separate Pools/Quotas within the General Pool?







• General Pool is the mother pool and within the General Pool, separate pools/quotas



are maintained for specified categories of Government employees.



Tenure Pool



• A ‘Tenure Pool’ of accommodation is maintained for All India Services Officers (IAS, IPS



and Indian Forest Service) who are posted in Government of India on deputation basis,



and on tenure basis with the Government of NCT of Delhi.



• All India Service Officers are allotted accommodation only against the Tenure Pool



accommodation.



Lady Officers Pool



• ‘Lady Officers Pool’ is maintained separately for married lady officers and for



single lady officers. Specified numbers of residential units have been earmarked



in the ‘Lady officers Pool’ which are determined from time to time.The Lady



Officers are also eligible for allotment of accommodation from General Pool on maturity



of their turn.



Allotment in Lady Officers Pool is made in the ratio of 2:1 to the married and single lady officers



respectively. ‘Single lady’ category includes unmarried, divorcee and widow lady officers.





Change of accommodation to a Lady Officer is allowed only against the ‘Ladies Pool



accommodation’ unless their turn is covered in General Pool/Tenure Pool Waiting List.





No. of residential units in lady officers pool in various types are given as under:





    Type                                Number of units


      I                                         300


    II                                        2300
   III                                       1625


   IV                                        250


   IV(Spl)                                50


  VA(DII)                               150


   VB(DI)                               45


    VIA(CII)                           25






SC/ST Pool



• 10% of vacancies in Type I and II and 5% of vacancies in Type III and IV accommodation



have been reserved for SC and ST employees.


• The allotment is made to the SC and ST employees in the ratio of 2:1. These employees


are also eligible for allotment of accommodation from General Pool on maturity of their


turn.


Out-of-turn Allotment


• Out-of-turn allotments are made on medical and functional grounds.



• Medical grounds on which out-of-turn allotments are considered and categories of


Government servants who are eligible for out-of-turn allotment on medical ground are


given in Annexure I. Requests for out-of-turn allotment on medical grounds were


considered by the two committees of officers constituted for the purpose.


• The Committees may also consider requests of Government servants on extreme


compassionate grounds and such allotments shall be restricted to a total of not more than


5 houses in each type (type I to V only) in a calendar year.


• The overall ceiling of out-of-turn allotments has been fixed at 5% of vacancies occurring






in each type of houses in  a calender year


What is the general procedure for allotment?


• Allotments are made on maturity of turn on the Initial or Change Waiting List of Pool



(General Pool, Ladies Pool and Tenure Pool).


• A residence falling vacant is offered to an applicant desiring a change of accommodation


in that locality/floor. If there are no applicants for said locality/floor in the Change Waiting


List, the residence is offered to the senior-most applicant on the Initial Waiting List.


• Generally, due to the Change Waiting List, houses in Central and popular localities/floor


are not allotted against Initial Waiting List in respect of type I to IV accommodation.


• Since a unified waiting list is maintained for initial and change allotment, allotment in


popular localities/floor will be made as per the waiting list in respect of type IV (Spl) and


higher accommodation. Allotment in a particular type shall be made to applicants having


the earliest priority date for that type of residences. Each officer is made two allotments in






each  type of  accommodation, i.e., initial and change.


Acceptance of allotment and follow up action


• On receipt of offer letter of allotment, the Government servant is required to convey


his acceptance on the prescribed form, within a period of 8 days from the date of


issue of the letter.


• The acceptance forms are available at the website of the Directorate at URL


http://estates.nic.in or at the Information & Facilitation Centre, Nirman Bhawan, New


Delhi


• The acceptance my be submitted either personally or through an authorized


representative along with the following documents :


a) Eligibility certificate duly authenticated by the Department that


he/she is working in an eligible office .




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