DEARNESS ALLOWANCE FOR JANUARY 2010

What will be the Dearness Allowance for January 2010?
     An easy way to calculate yourself ! 
           
           For all the Central Government Employees there would be a rise of 8% in D.A,which would result in the overall rise to 35% from 1.1.2010.
              A complete and very useful article on calculating Dearness Allowance (D.A) is published in a website called ‘GConnect.in’.
           "Needless to say, dearness allowance is an important component of our salary in this inflationary trend. It is based on monthly All India Consumer Price Index for Industrial Workers (Base year 2001=100) announced by the Government from time to time.
           Check this Labour Bureau, Department Statistics, Government of India website to know about CPI-IW index published every month.

          After implementation of sixth pay commission report, Government ordered that the dearness allowance has to be calculated based on CPI-IW index with the base year 2001=100.

          So, DA with effect from the period 1.1.2006, has to be calculated using average Price CPI-IW index of 536 for 2005 (base 1982=100) adjusted to the base year 2001=100 by dividing the same with the Linking Factor between 1982 and 2001 Series which is 4.63. As a result, the average consumer price index (Industrial workers) for 12 months in 2005 (base 2001=100) was worked out to 115.76.

        How to calculate Dearness Allowance from the year 2006, twice a year using this average index? It’s quite simple. Say, if you want to calculate Dearness Allowance with effect from Jan-06, get the average of monthly All India Consumer Price Index (IW) with the base year 2001=100 for the preceding 12 months and apply the same in the following formula

       The formula for calculating Dearness Allowance using AICPI-IW

Dearness Allowance = (Avg of AICPI for the past 12 months – 115.76)*100/115.76
For example if you want to calculate DA with effect from 1.1.2006, get the average of AICPI for the period from 1.1.2005 to 31.12.2005, which is 115.76 and apply the same in the formula as follows
DA with effect from 1.1.2006 = (115.76-115.76)*100/115.76 = 0%
DA w.e.f 1.07.2006 = (118.95-115.76)*100/115.76 = 2%

        Like wise DA with effect from 1.1.2007, 1.7.2007, 1.1.2008, 1.7.2008, 1.1.2009, and 1.7.2009 were calculated as 6%, 9%, 12%, 16%, 22%, and 27% respectively.

          For your convenience, here is a small and smart tool that can calculate the dearness allowance with effect from January or July of a particular year in the future, once the AICPI(IW) till the previous month is published by the Government and you fill up the same in this tool.

           This AICPI (IW) (base year 2001=100) for each month would be available in the Labour Bureau, Department Statistics, Government of India website and would be updated each month.
          Check this Dearness Allowance Calculating tool

source: Thanks to GConnect.in

Meternity Leave enhanced from 135 days to 180 days for Industriel Employees of MOD

Enhancement of quantum of Meternity Leave from 135 days to 180 days in respect of Industrial Employees of Ministry of Defence
Click the image to view the order

Tax refund delayed? Use RTI to know why

               Life just got better for millions who have ran from pillar to post for years to secure their tax refunds from the income tax (I-T) department       
               In a landmark ruling, the Central Information Commissioner has passed an order which says information on refunds is covered under the Right To Information (RTI) Act.


               L Lakshmi Narayanan, an assessee, had filed an RTI petition with the (I-T ) department in Chennai, asking for information as to why was there a delay in the payment of his IT refunds for 2003-04, 2005-06, 2006-07 and 2008-09, amounting to Rs 3,32,457.

              The department, however, refused to provide Narayanan the information contending that such information did not involve any larger public interest.

             “The information sought is covered under Section 8(1)( e) of the RTI, wherein the information sought is not in larger public interest and is purely personal in nature,’’ the department told the petitioner.

               However, the appellant received refunds for 2005-06 and 2006-07 while he was seeking information. Following this, Narayanan filed another appeal to which the income tax department replied: “Information regarding issue of one’s own refund is necessarily a personal information, the disclosure of which has no relationship to any public activity or interest.’’

             M L Sharma, the Central Information Commissioner, while passing the order, said: “To deny the appellant information sought by him under clause (e) or clause (j) of section 8(1) is nothing but misappreciation of law.”

          The information sought by the appellant is covered under section 2(f) of the RTI Act and he has a right of seek information under section 2(j) thereof. It is clarified that the appellant has not sought any information which the public authority is holding in fiduciary capacity.’’

          While directing the income tax department to disclose information for the inordinate delay, he also ordered the issue of refunds within three months. The CIC also rapped the department for failing to appear in a hearing arranged by the commission where the appellant was present.
source: The Economic Times

HALF DAY CASUAL LEAVE FOR INDUSTRIAL EMPLOYEES IN MOD

Industrial Employees will be entitled to half -day's casual leave at par with other central government employees.Click the image to view the order

CGDA's CLARIFICATION ON TRAVELLING ALLOWANCE RULES


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