Thursday, April 26, 2012
Tuesday, April 17, 2012
Friday, April 13, 2012
Thursday, April 12, 2012
Tuesday, April 10, 2012
Government to Make Payments Directly to the Bank Account of Payees; Measure to Enhance Transparency and Accountability in Public Dealings of the Central Government and also Usher Green Banking
| As part of the Government’s commitment to good governance and elimination of corruption, the Ministry of Finance has amended the rules to enable all the Ministries and Departments to facilitate payments by direct credit to the bank accounts of the payees. Orders have also been issued by the Controller General of Accounts(CGA) that, with effect from 1st April 2012, all payments above Rs.25,000 to suppliers, contractors, grantee and loanee institutions shall be directly credited to their bank accounts. While the government servants shall continue to have the option to receive their salaries by cash or cheques, they could also opt to receive their salaries by direct credit to their bank accounts. However, all other payments to government servants of the amount of above Rs.25,000 shall be credited directly to their bank accounts. Further, all payments towards the settlement of retirement/terminal benefits of the government servants shall also be directly credited to their bank accounts. The Union Finance Minister Shri Pranab Mukherjee had recently inaugurated a “Government e-payment gateway” set-up by the Controller General of Accounts(CGA) which will be used by the Pay & Accounts Officers(PAOs) of the Central Civil Ministries/Departments for implementing the above measures. The Controller General of Defence Accounts(CGDA) would also be progressively using this e-payment gateway. The measure is expected to streamline the process of making payment by government departments while minimizing the interface of the payees with government offices to receive their dues. This e-payment government measure will enhance transparency and accountability in public dealings of the Central Government and also usher green banking by the Government. |
Wednesday, April 4, 2012
Friday, March 30, 2012
Thursday, March 29, 2012
Wednesday, March 28, 2012
SAD DEMISE
One of honest, dutiful and efficient Postal Officer K Nilkanthan ASP CIC O/o CPMG Maharashtra Circle Mumbai today (28/3/2012) met with Railway Accident at Byculla Railway Station Mumbai at 13.00 hours and expired in St. George Hospital Near CST Railway Station at 14.30 hours.
Residential address : New Bharat Apartment, Ground floor, Near Saket High School, Chinchpada Road, Kalyan (East).
Residential address : New Bharat Apartment, Ground floor, Near Saket High School, Chinchpada Road, Kalyan (East).
Funeral time : Aprroximate 10.00 a.m. on 29/3/2012 near Vithalwadi Railway Station (East side)
May we pray to the almighty to give his soul rest in peace.
Tuesday, March 27, 2012
Monday, March 26, 2012
Friday, March 23, 2012
Release of additional instalment of Dearness Allowance and Dearness Relief
The Union Cabinet today gave its approval to release an additional instalment of Dearness Allowance (DA) to central government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2012 representing an increase of 7% over the existing rate of 58% of the Basic Pay/Pension, to compensate for price rise. The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission. The combined impact on the exchequer on account of both dearness allowance and dearness relief would be of the order of Rs.7474.53 crore per annum and Rs.8720.32 crore in the financial year 2012-13 (i.e. for a period of 14 months from January, 2012 to February, 2013).
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