Recent Post Headlines

Tuesday, December 23, 2008

Pension part of right to life: Bombay HC

Mumbai: Pensioners now have a reason to smile. In a landmark judgment, the Bombay high court has held that pension is a vital aspect of social security and that the right to receive it constitutes a right to life under the constitution. Moreover, it held that pension must be paid regularly in the first week of the month.
‘‘Deprive a pensioner of the payment and you deprive him or her of the right to life. Delayed pensionary payments place a pensioner in a position of uncertainty and dependence which impinges on the quality of life under Article 21, and the right to dignified existence of the aged,’’ said Justice D Y Chandrachud while directing the transport undertaking of Solapur Municipal Corporation to deposit the pensions of 13 retired employees on the first day of the succeeding month or latest by the seventh day.
The judge noted that pensioners can’t be left to the mercy of the administration to receive what is a matter of right.
‘‘Pensioners must lead their lives with a sense of self-respect and dignity,’’ he held as he innovatively developed the rights of senior citizens, especially pensioners, in consonance with the guarantees expected under the constitution. The judgment was passed in a case where the Solapur civic body had challenged a direction of an industrial court which had labelled its action of delaying pension payments inordinately each month as an unfair labour practice and directed it to credit the monthly pension by the first day of each following month.
The civic body explained that it was in financial difficulties and said it could pay by the 15th and not the first. The civic body argued that the Maharashtra Civil Services (Pension) Rules does not mandate payment by the first of each following month. It says payment has to be made ‘‘on or after the first day...’’
Courtesy : Times of India
Original Court Order Here

40 Years of the Mouse


On December 9, 1968, Stanford Research Institute scientist Douglas Engelbart demonstrated his unique invention--the computer mouse--for the first time in public. It took another decade and a half for it to catch on, but once it did, computing was never the same. And today, it's hard to imagine using a desktop or laptop computer without a mouse (or one of its latter-day substitutes such as the touchpad).

Above is Engelbart's first prototype mouse (held by its inventor). Note the square shape, hand-crafted wood case, and giant wheel inside. The part of this little beast that most resembles a modern mouse is the tail-like cord that gave it its name–though many mice do away with that today, of course. (Image from Wikipedia.)

Monday, December 22, 2008

CAT has no power to interfere in PCA matters: HC

The Allahabad High Court on Monday ruled that the Central Administrative Tribunal had no power to interfere if an action is taken against an officer under the Prevention of Corruption Act.

The court gave the ruling on a writ petition filed by the Uttar Pradesh government challenging an order of the Allahabad bench of the CAT.

Last February, the CAT had quashed a state government order directing lodging of an FIR against an IAS officer under the Prevention of Corruption Act after a vigilance probe found that he had allegedly amassed wealth disproportionate to his known sources of income.

A Division Bench comprising Justice Amitav Lala and Justice A P Sahi observed that the CAT had no jurisdiction to interfere in such matters.

It ordered that proceedings be initiated against the officer in accordance with the law.

Saturday, December 20, 2008

Journal Science selects top 10 scientific breakthroughs of 2008

In its annual list of the year's top 10 scientific breakthroughs, the prestige scientific journal Science has given top honors to research that produced "made-to-order" cell lines by reprogramming cells from ill patients.

"These cell lines, and the techniques for producing them, offer long-sought tools for understanding -- and hopefully someday curing -- difficult-to-study diseases such as Parkinson's disease and type 1 diabetes," Science said Thursday in a statement.

Two years ago, in experiments with mice, researchers showed that they could wipe out a cell's developmental "memory" by inserting just four genes. Once returned to its pristine, embryonic state, the cell could then be coaxed to become an altogether different type of cell.

This year, scientists built on this work with spectacular results. Two research teams took cells from patients suffering from a variety of diseases and reprogrammed them into stem cells. A third research team skipped the embryonic state altogether and, working with mouse cells, turned one type of mature pancreas cells, called exocrine cells, directly into another type, called beta cells.

The new cell lines will be major tools for understanding how diseases arise and develop, and they may also prove useful in screens for potential drugs. Eventually, if scientists can master cellular reprogramming so that it's more finely controlled, efficient and safe, patients may someday be treated with healthy versions of their own cells.

The other nine scientific achievements of 2008 selected by Science are:

-- Exoplanets: For the first time this year, astronomers directly observed planets orbiting other stars, using special telescope techniques to distinguish the planets' faint light from the stars' bright glare.

-- Expanding the catalog of cancer genes: By sequencing genes from various cancer cells, including pancreatic cancer and glioblastoma, two of the deadliest cancers, researchers turned up dozens of mutations that remove the brakes on cell division and send the cell down the path to cancer.

-- New mystery materials: High-temperature superconductors are materials that carry electricity without resistance at inexplicably high temperatures. In 2008, researchers created a stir by discovering a whole second family of high-temperature superconductors, consisting of iron compounds instead of copper-and-oxygen-compounds.

-- Watching proteins at work: Biochemists encountered major surprises this year as they watched proteins bind to their targets, switch a cell's metabolic state and contribute to a tissue's properties.

-- Toward renewable energy on demand: This year, researchers found a promising new tool for storing excess electricity generated from part-time sources like wind and solar power, on industrial scale. A cobalt-phosphorus catalyst that's relatively easy to come by can use electricity to split water to free its hydrogen, which can in turn be fed into fuel cells to produce electricity again.

-- The video embryo: In 2008, researchers observed in unprecedented detail the dance of cells in a developing embryo, recording and analyzing movies that trace the movements of the roughly 16,000 cells that make up the zebrafish embryo by the end of its first day of development.

-- "Good" fat: In a study that may offer new approaches to treating obesity, scientists discovered that they could morph "good" brown fat, which burns "bad" white fat to generate heat for the body, into muscle and vice versa.

-- Calculating the weight of the world: Physicists now have the calculations in hand to show that the standard model -- which describes most of the visible universe's particles and their interactions -- accurately predicts how much mass protons and neutrons have.

-- Faster, cheaper genome sequencing: Researchers reported a flurry of genome sequences this year -- from woolly mammoths to human cancer patients -- aided by a variety of sequencing technologies that are much speedier and cheaper than the ones used to sequence the first human genome.

Friday, December 19, 2008

REPLACEMENT OF GOVERNMENT VEHICLES

SC verdict on out of Syllabus Question asked in Departmental Examination

An unsuccessful examinee challenged the departmental examination for the promotion of accounts officers, claiming that some questions were on topics that were not in the syllabus. The Central Administrative Tribunal allowed the application, directing that the minimum qualifying marks be awarded to all applicants in the questions concerned. The authorities won the case at the Andhra Pradesh High Court. When the examinee appealed to the Supreme Court, however, it dismissed the appeal, holding that the accounts officer was expected to have an overall knowledge of the accounts code, treasury rules etc. It added that it was not for the tribunal to pass an order on the supposition that the examinees had misunderstood the extent of the syllabus. (N. Lokanadham vs Telecom Commission)
CASE NO.: Appeal (civil) 2896 of 2008

Thursday, December 18, 2008

Tax Deduction and Collection Account Number (TAN)

Tax Deduction and Collection Account Number (TAN)

TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. All those persons who are required to deduct tax at source or collect tax at source on behalf of Income Tax Department are required to apply for and obtain TAN. TAN is allotted by the Income Tax Department on the basis of the application submitted to TIN Facilitation Centres managed by National Securities Depository Limited ( NSDL ). NSDL will intimate the TAN which will be required to be mentioned in all future correspondence relating to TDS/TCS. An application for allotment of TAN is to be filled in Form 49B and submitted at any of the TIN facilitation centres meant for receipt of e-TDS returns. The income tax act makes it mandatory for TAN to be quoted in all TDS/TCS returns, all TDS/TCS payment challans and all TDS/TCS certificates to be issued. Failure to apply for TAN or comply with any of the other provisions of the Act attracts a penalty. TDS/TCS returns will not be received if TAN is not quoted and challans for TDS/TCS payments will not be accepted by banks.

CGHS - A FLAWED HEALTH SCHEME OF THE CENTRAL GOVT.

Click Here

Wednesday, December 17, 2008

UPSC cannot relax limit of four attempts for IAS aspirants: HC

New Delhi, Dec 16 (PTI) Ruling that the UPSC has no power to allow an IAS aspirant to make more than four attempts in Civil Services Examination (CSE), the Delhi High Court today rejected a candidate's plea to consider his fifth successful attempt as valid.
A general category candidate is entitled to make a maximum of four attempts but Praveen Sharma appeared in the exam for the fifth time after a single judge allowed him to do so while referring the matter to CAT for a final decision.

Sharma filed an appeal after Central Administrative Tribunal dismissed his petition for giving a direction to the UPSC.

A Division Bench of Justice Madan B Lakur and Justice Suresh Kait has now dismissed a his plea for a direction to the UPSC to consider his fifth attempt, in which he qualified all the tests including final interview in 2006, as the final try and consider fourth as "aborted attempt" as he failed to sit in all the papers due a serious accident.

"There is no doubt that undue hardship has been caused to petitioner (Sharma) due to an accident and circumstances beyond his control but that by itself does not mean that the rules which are applicable to all candidates should be waived in so far as Sharma is concerned...This would result in a chaotic situation and even the UPSC may not be able to handle it," the Bench observed in a judgement.

In the petition Sharma said that he had appeared the examinations in 2001, 2003, 2004 and during his fourth attempt in 2005 he had met with a serious accident as a result he was not able to appear in some papers and in 2006 his application for another attempt was rejected by the Commission.

Being aggrieved with the UPSC's decision, Sharma had approached the High Court with a submission that his fourth attempt should not be treated as the final chance and to be treated as "aborted attempt". PTI

6th Pay Commission Pension (Revised) for Pensioner retired between 1/1/06 & 1/9/2008

Tax Collection at Source (TCS)

Tax collection at source arises on the part of the seller of goods. Here, tax is collected at the source of income itself. It is to be collected at source from the buyer, by the seller at the point of sale. Such tax collection is to be made by the seller at the time of debiting the amount payable to the buyer to the account of the buyer or at the time of receipt of such amount from the buyer, whichever is earlier. A person collecting tax shall furnish a certificate specifying whether tax has been collected or not,what sum has been collected,the rate of tax applied on it and other such particulars as may be prescribed. It shall be furnished within 10 days from the date of debit or receipt of the amount furnished to the buyer to whose account such amount is debited or from whom such payment is received. The taxes collected must be remitted into the income tax department's account. Every person collecting tax shall, within such time as may be prescribed, apply to the Assessing Officer for the allotment of a tax-collection account number.

The following goods when sold must be subjected to tax collection at source :-

  • Alcoholic liquor for human consumption (other than Indian made foreign liquor).

  • Timber obtained under a forest lease.

  • Timber obtained by any mode other than under a forest lease.

  • Any other forest produce not being timber.

Tuesday, December 16, 2008

Allahabad HC: CAT cannot interfere with orders of state govt against IAS

The Allahabad High Court ruled that the Central Administrative Tribunal (CAT) cannot assume its competency to frustrate the actions taken under the Prevention of Corruption Act, by the government against an Indian Administrative Service (IAS) or any officer.

Quashing an order passed by the CAT (Allahabad), the bench, consisting of Justices Amitava Lala and A P Sahi observed that power to the CAT was given after curtailing the powers of the High Court by virtue of Article 323-A of the Constitution of India, but sky is not the limit to construe as such by it.

The Judges, while allowing the writ petition filed by the UP government said, ‘As the power is high, preservation of the power is higher than that, unnecessarily the jurisdiction of the tribunal cannot be widened to interfere with orders/action taken by the government against the officers under the Prevention of Corruption Act.’ The High Court in its order has clarified that any order to be passed by the Court under the Prevention of Corruption Act is appealable and revisable as per the power conferred by the CrPC in the High Court. Therefore, such power cannot be regulated by the CAT.

The CAT Allahabad by an order passed on February 18, 2008 had quashed the order and had set aside all consequential action including FIR lodged against Vijay Varshney, an IAS officer in UP under section 13(1)(c) of the Prevention of Corruption Act, 1988 on his Original Application (OA) filed before it.

Vijay Varshney was promoted to IAS cadre in the year 1999 and was posted as District Magistrate, Lakhimpur. The charge against him was that he had amassed asset disproportionate to his known income and for which vigilance inquiry was ordered on February 28, 2007 and it had directed to lodge an FIR against him under the Prevention of Corruption Act. The order of the State government was challenged before the CAT by Varshney.

The Court rejected the argument of counsel A K Srivastava, appearing for the IAS officer that proceeding may be criminal nature in pursuance of filing of FIR, but it concerns service of an employee and therefore CAT had the power to interfere with order of the State government.

UNI

Tax Deduction at Source (TDS)

Tax deduction at source means the tax required to be paid by the assesses, is deducted by the person paying the income to him. Thus, the tax is deducted at the source of income itself. The income tax act enjoins on the payer of such income to deduct the given percentage of income as income tax and pay the balance amount to the recipient of such income. The tax so deducted at source by the payer is to be deposited in the income tax department account. The tax so deducted from the income of the recipient is deemed to be payment of income tax by the recipient at the time of his assessment.

For example, person responsible for paying any income which is chargeable to tax under the head 'Salaries' is required to compute the tax liability in respect of such income and deduct tax at source at the time of payment.If the employee has any other income,he needs to inform the employer so that employer can take that income into consideration while computing his tax liability but he will not take into account losses except loss from house property.

Similarly, person responsible for paying any income by way of 'interest on securities' or any other interests are required to deduct tax at source at the prescribed rates at the time of credit of such income to the account of the payee or at the time of payment,whichever is earlier.

The income from the following sources is subjected to tax deduction at source

  • Salary and all other positive incomes under any head on income( Section 192 )

  • Interest on securities ( Section 193 )

  • Interest other than interest on securities( Section 194A )

  • Payments to contractors and sub-contractors( Section 194C )

  • Winnings from Lottery or crossword puzzles( Section 194B )

  • Winnings from horse races( Section 194BB )

  • Insurance Commission covering all payments for procuring Insurance business( Section 194D )

  • Any interest other than interest on securities payable to non-residents not being a company or to a foreign company( Section 195 )

  • Payment to non-resident sportsman including athlete or sports association/institution.In case of non-resident sportsman,payments in respect of advertisements as well as articles on any game/sports in India in newspapers,magazines,etc. is included( Section 194E )

  • Payment in respect of deposits under NSS[National Savings Scheme]( Section 194EE )

  • Payment on account of repurchase of Units by Mutual Fund or UTI( Section 194F )

  • Payment for Commission or brokerage( Section 194H )

  • Payment of rent( Section 194I )

  • Payment of fees for professional or technical services( Section 194J )

  • Commission to Stockist,distributors,buyers and sellers of Lottery tickets including remuneration or prize on such tickets( Section 194G )

  • Income from Units purchased in foreign currency or long-term capital gain arising from the transfer of such Units purchased in foreign currency ( Section196B )

  • Payment of any income to non-residents in respect of interest or dividend on bonds and shares( Section 196C )etc.

Monday, December 15, 2008

Service Tax

Service tax is a tax levied on services rendered by a person and the responsibility of payment of the tax is cast on the service provider. It is an indirect tax as it can be recovered from the service receiver by the service provider in course of his business transactions. Service Tax was introduced in India in 1994 by Chapter V of the Finance Act, 1994. It was imposed on a initial set of three services in 1994 and the scope of the service tax has since been expanded continuously by subsequent Finance Acts. The Finance Act, extends the levy of service tax to the whole of India, except the State of Jammu & Kashmir.

The Central Board of Excise & Customs (CBEC) under Department of Revenue in the Ministry of Finance, deals with the task of formulation of policy concerning levy and collection of Service Tax. In exercise of the powers conferred, the Central Government makes service tax rules for the purpose of the assessment and collection of service tax. The Service Tax is being administered by various Central Excise Commissionerates, working under the Central Board of Excise & Customs. There are six Commissionerates located at metropolitan cities of Delhi, Mumbai, Kolkata, Chennai, Ahmedabad and Bangalore which deal exclusively with work related to Service Tax. Directorate of Service Tax at Mumbai over sees the activities at the field level for technical and policy level coordination.

Registration

  • A person liable to pay service tax should file an application for registration within thirty days from the date on which the service tax on particular taxable service comes into effect or within thirty days from the commencement of his activity.

  • Every service provider of a taxable service is required to take registration by filing the Form ST-1 in duplicate with the jurisdictional Central Excise Office.

  • A ‘registered' service provider is referred to as an ‘assessee'.

  • A single registration is sufficient even when an assessee is providing more than one taxable services. However, he has to mention all the services being provided by him in the application for registration and the field office shall make suitable entries/endorsements in the registration certificate.

  • A fresh registration is required to be obtained in case of transfer of business to another person.

  • Any registered assessee when ceases to provide the taxable service shall surrender the registration certificate immediately.

  • In case a registered assessee starts providing any new service from the same premises, he need not apply for a fresh registration. He can simply fill in the Form S.T.1 for necessary amendments he desires to make in his existing information. The new form may be submitted to the jurisdictional Superintendent for necessary endorsement of the new service category in his Registration certificate.

In case of Individuals or Proprietary Concerns and Partnership Firm, service tax is to be paid on quarterly basis. The due date for payment of service tax is the 5th of the month immediately following the respective quarter. (Quarters are : April to June, July to September, October to December and January to March). However, payment for the last quarter i.e. January to March is required to be made by 31st of March itself. In case of any other category of service provider than specified above, service tax is to be paid on a monthly basis, by the 5th of the following month. However, payment for the month of March is required to be made by 31st of March itself. Service tax is to be paid on the amount realized / received by the assessee during the relevant period ( i.e. a month or a quarter as the case may be).

The unique feature of Service Tax is reliance on collection of tax, primarily through voluntary compliance. System of self-assessment of Service Tax Returns by service tax assesses was introduced w.e.f. 01.04.2001. The jurisdictional Superintendent of Central Excise is authorized to cross verify the correctness of self assessed returns. Tax returns are expected to be filed half yearly. Central Excise officers are authorized to conduct surveys to bring the prospective service tax assesses under the tax net.

Service tax is payable @ 12% of the ‘gross amount' charged by the service provider for providing such taxable service. The Education Cess is payable @ 2% of the service tax payable.

Service Tax Exemptions

The Central Government can grant partial or total exemption by issuing an exemption notification. But it cannot be granted by the Government with retrospective effect. The general exemptions are :-

  • Small service providers whose turnover is less than Rs 4 lakhs per annum are exempt from service tax.

  • There is no service tax on export of services.

  • Services provided to UN and International Agencies and supplies to SEZ(Special Economic Zones) are exempt from service tax.

  • Service tax is not payable on value of goods and material supplied while providing services. Such exclusion is permissible only if Cenvat credit on such goods and material is not taken.

Service Tax Profiles

S.No

Service Category

1

Advertising Agency

2

Air Travel Agents

3

Architect

4

ATM Operations, Management or Maintenance

5

Auctioneers' service

6

Authorised Service Station

7

Auxiliary to General Insurance / Life Insurance

8

Banking & Other Financial Services

9

Beauty Parlour

10

Broadcasting Service

11

Business Auxiliary Service

12

Business Support Service

13

Cable Operator

14

Cargo Handling Service

15

Practising Chartered Accountant, Practising Cost Accountant and Practising Company Secretary

16

Cleaning Service

17

Clearing & Forwarding Agents

18

Clubs and Associations

19

Commercial Training or Coaching Centre

20 Commissioning and Installation Service
21

Residential Complex Construction

22

Consulting Engineers

23

Convention Services

24

Courier Services

25

Credit Card, Debit Card, Charge Card or other payment card related services

26

Credit Rating Agencies

27

Custom House Agent

28

Dredging

29

Dry Cleaning

30

Event Management

31

Facsimile Service

32

Fashion Designer

33

Franchise Services

34

General Insurance

35

Health Club & Fitness Centre

36

Interior Decorator

37

Internet Café

38

Internet Telephony Service

39

Leased Circuit

40

Mailing List Compilation and Mailing

41

Management Consultant

42

Maintenance or Repair Service

43

Mandap Keepers

44

Manpower Recruitment Agency

45

Market Research Agency

46

On-line Information & Database Access or Retrieval Service

47

Packaging Service

48

Pager Services

49

Photography Service

50

Port Services

51

Public Relations Service

52

Rail Travel Agent

53

Real Estate Agent

54

Recovery Agent

55

Registrar to an Issue

56

Rent - a - Cab Scheme Operators

57

Sale of space or time for Advertisement

58

Scientific and Technical Consultancy

59

Security Agencies

60

Share Transfer Agent

61

Ship Management

62

Site Preparation

63

Sound Recording Service

64

Sponsorship service

65

Steamer Agent

66

Stock Broker

67

Storage & Warehousing

68

Survey and Map Making

69

Technical Testing & Analysis Agency / Technical Inspection & Certification Agency

70

Telephone

71

Telex Service

72

Telegraph Service

73

Tour Operator

74

Transport of goods by Road

75

Transport of goods in containers by rail (other than Indian railway)

76

Transport of goods through Pipeline or other conduit

77

Transport of passengers embarking on international journey by air, other than economy class passengers

78

Transport of persons by cruise ship

79

Underwriting Service

80

Video Tape Production Service

FAQ on Service Tax

Sunday, December 14, 2008

Bids soon to man individual pension accounts

NEW DELHI: The regulator for the new pension scheme would soon invite bids from private sector fund managers to handle parts of its Rs 1,700-crore corpus, which theregulator expects to more than double in some time.
Insurance companies such as Tata AIG and MetLife India Insurance Co, which are partly owned by foreign investors, can also participate in the Fund management of the new pension scheme administered by the Pension Fund Regulatory Development Authority (PFRDA), an official with the regulator said.
The appointment of private fund managers comes ahead of the regulator’s plan to extend the scheme to private individuals from April 1, 2009. Now, participation in the scheme is compulsory for employees who joined government service after January 1, 2004, and voluntary for those who are in public service.
Competition among fund managers would give contributors the option to choose from different investment schemes and the opportunity to switch from one scheme to another depending on the returns. “Many foreign insurance entities have joint ventures in the country. They could sponsor pension schemes by setting up dedicated arms for that. Their eligibility criteria would be the same as that of other fund managers,” an official told ET. Entities managing Rs 10,000 crore and with five-year experience are eligible. Today, SBI, UTI Asset Management Co and LIC are managing the corpus of the scheme.
PFRDA would first invite expressions of interest, evaluate them as per technical parameters, and then invite commercial bids.
While the pension regulator will keep the total number of fund managers limited, it would appoint unlimited number of entities for soliciting and collecting contributions from individuals.
These could be banks, post offices or other entities with a large reach and ability to transfer funds electronically. “We have 1,50,000 post offices in the country, but only 10,000-15,000 have electronic connectivity with other centres. We need agents that can instantly transfer funds electronically. Otherwise contributors’ savings would remain blocked at various levels, causing them losses,” said the official.
The regulator is framing investment guidelines for the fund managers to safely deploy private individuals’ savings and to give them decent returns depending upon their risk appetite. Only 15% of government employees’ savings will go to the stock market.
Courtesy : The Economic times

National Best practice in Finance By Government Knowledge Center (DARPG)

Koshwahini: Treasury Information System

Introduction:

Treasuries are pivotal to all government operations in any country. Transparency of treasury operations also ensures accountability of government expenditures. In order to enhance citizen engagement and service delivery, it is therefore central to first computerize the treasuries so that transactions are quick, transparent and accurate. This is the essence of Koshwahini.

Koshawahini is an online financial information system designed by Directorate of Accounts and Treasuries with the help of National Informatics Centre. Data is collected from 33 District Treasuries, 292 Sub Treasuries & Pay & Accounts office and processed and converted into useful information at the level of the Directorate. The object of KOSHWAHINI is to make available up to date financial information required for various departments of the Government. The system gives detailed information for Compiled Payment Data, Compiled Receipt Data up to voucher level, chalan level respectively and also Bills in Process. It also gives reports for various payments. More over, it gives report on Budget with Expenditure for various combinations.

Koshwahini is Treasury Information System to manage the exchequer across Maharashtra. It is a powerful fact-based fiscal management tool for the entire State Government. It comprises:


  • Data warehouse of Treasury Expenditure & Receipts
  • Treasury Net: Workflow in the Treasury
  • Reconciliation with Accountant General.
  • E scroll from the Banks for payment reconciliation
  • LOC: Monitoring PWD, Forest, Irrigation Accounts
  • Budget Distribution System
  • Pension Payment System

Some of the numbers which involve the Koshwahini project are staggering and is as below:

1. Offices: One PAO in Mumbai, 33 District Treasuries, 295 sub-Treasuries.

2. 12000 Drawing & Disbursing Officers.

3. 85 lac Challans & 35 lac Vouchers every Year.

4. Number of Schemes:

-10,000 Payment Schemes

-1,100% Receipt Schemes

5. Number of State Government Pensioners : More than 4.5 lac

Koshwahini is developed using Java, JSP, DB2, Linux. It is running Live successfully for a few years across levels. Koshwahini is launched at the Data Center at Mumbai. Koshwanini has been developed on IBM middleware technologies as it is vertically & horizontally scalable with the flexibility to develop and deploy the solution on various platforms including Linux.

The Project Objectives:

1. Providing appropriate information at right time in right place

2. Building up of responsibility and accountability in the system

3. Ensuring professional approach in the Government

4. Provide efficient service management

5. Efficient delivery of services to end users

Services Offered:

1.Expeditious and transparent system of clearance of bills in a timely manner to the most socially backward classes and to the remotest tribal areas

2.Expenditure forecasts so that the required amounts are kept available in the treasuries

3.Generates bills of monthly Pension to be paid to the five lakh State pensioners and provides them facility of payment through Electronic Clearing System (ECS)

4. Payment of salary to 6 lakh State Government employees directly into their bank account






( Source : Treasury Department, Govt. of Maharshtra)

1. Electronic Pay Billing.

2. E Budget Distribution System.

3. Website for Pensioners

4. Strengthening of Koshwahini

5. Virtual Treasury

6. Central Treasury – Treasury Net



What are the benefits and why is it a good practice?

  • A tool to manage the money efficiently & effectively
  • Online custom made multi-dimension view to the data & information from various stakeholder’s perspective
  • Smart Scheme monitoring and management
  • Immediate Cheque Reconciliation
  • Monthly Bureau report is now available within a week of subsequent month, while earlier it used to take to take around 2 months
  • DAT has stopped sending printed report of around 100 pages every month to approx. 35 departments, as the information & data is available through online queries
  • Availability of data for expenditure Reconciliation
  • Optimised and reduced timelines in disbursing the Pension to around half a million Pensioners
  • A totally transparent system

The other states in India are looking at Koshwahini as a role model application and are planning to implement in their respective States. Some of the states have already visited and carrying out the Gap Analysis to kick-off their implementations. Rajasthan, Tamil Nadu, Meghayalya are among the states. Further, a high level team from Controller General of Accounts New Delhi (CGA) has visited the project; registered their acknowledgement on the success of project; and have expressed their desire to replicate similar project in their Country-wide operations.

With the implementation of treasury computerization, the system enforces daily tallying of accounts instead of tallying at the end of month and now accounts are submitted in time by the treasuries to the A.G. even before the due dates. The challans received by treasuries regarding State's dues paid are expeditiously reconciled with bank scrolls, ensuring immediate corrective actions. Finally, up to date data is available for financial decision-making. Staff can use its time more efficiently and handle greater volumes of work more professionally. Also, this has increased the motivational level in the organization and has made treasuries more accountable and transparent.

Source HERE

Saturday, December 13, 2008

Consolidated List of Hospitals & Digonstic centers empanalled with CGHS as on 10/12/2008

http://mohfw.nic.in/List%20of%20Empanelled%20Hospitals%20&%20DC.htm

ARC suggests lower age limit for civil services aspirants

Aarti Dhar
Only fewer attempts in exams should be allowed

NEW DELHI: The Second Administrative Reforms Commission (ARC) has recommended lowering of the upper age limit and reducing the number of attempts for civil services aspirants with some relaxations for reserved categories.

The Tenth report of the Commission on “Refurbishing of Personnel Administration — Scaling New Heights,” released here on Friday, suggested doing away with the present system of evaluation of performance based on annual confidential report (ACR). Instead, it came up with a concept of annual performance agreements to be signed between the Minister concerned and the Secretary or head of the department, providing physical and verifiable details of the work to be done during a financial year. The actual performance should be assessed by a third party.

Addressing a press conference, Commission chairperson M. Veerappa Moily said the panel favoured reducing the upper age limit for writing the civil services examination to between 21 and 25 for general candidates, 28 for the Other Backward Classes (OBC) and 29 for Scheduled Caste (SC) and Scheduled Tribe (ST) candidates as also those who were physically challenged.

The number of permissible attempts in the civil services examinations should be 3 years, 5 years and 6 years for the general candidates, OBC, and SC/ST and physically challenged aspirants, the panel has suggested.

At present, the upper age limit is 30 years for the general candidates with 4 attempts. But there are relaxations for the OBC and SC/ST aspirants.

According to the report, a Post-School Grooming System for civil services aspirants and a formal degree course in public policy would be of great help and also discourage the system of coaching centres which have tended to distort the formal education system.

While recommending the establishment of National Institutes of Public Administration to run degree courses in public administration, the report has said an expert committee should work out the modalities of the proposed system.

For a transparent system of appointments in the government, covering all ranks, the Commission has suggested the setting up of a Central Civil Services Authority. The panel is also in favour of introducing competition for all senior positions by opening these to services. The Authority, the panel says, should be a five-member body with the chairperson appointed by the President on the recommendations of the Prime Minister and the Leader of the Opposition to make it totally apolitical.

The Commission is of the view that in order to avoid any conflict of interest, government officials should not be allowed to go on deputation to private commercial organisations.

Periodic review

In order to increase accountability, the Commission suggested a periodic review of the performance for which it recommended a system of two intensive reviews — one on completion of 14 years of service and the other on completion of 20 years. The first review will primarily serve the purpose of intimating individual about his/her performance and the second is mainly to assess the fitness of the officer for his/her future continuation in service. The employees found unfit after 20 years should be dispensed with and a provision in this regard should be made in the proposed Civil Services Law, Mr. Moily has said.

Courtesy : The Hindu

Friday, December 12, 2008

Exchange Rate Variation (ERV)

In case of a contract involving substantial import content(s) and having a long delivery period (exceeding one year from the date of contract), an appropriate Foreign Exchange Variation clause may be formulated by the Purchase Organization in consultation with its Finance Wing, as needed, and incorporated in the Tender Enquiry Document. In that clause, the tenderers are to be asked to indicate import content(s) and the currency(ies) used for calculating the value of import content(s) in their total quoted price, which (i.e. the total quoted price) will be in Indian Rupees. The tenderers may be asked to indicate the Base Exchange Rate for each such foreign currency used for converting the FE content into Indian Rupees and the extent of foreign exchange rate variation risk they are willing to bear. To work out the variation due to changes (if any) in the exchange rate(s), the base date for this purpose will be the due date of opening of tenders/seven days prior to the due date of opening of tenders …….. (the purchase organization is to decide and adopt a particular suitable date). The variation may be allowed between the above base date and the date of remittance to the foreign principal/mid-point of manufacture of the foreign component/….. (the purchase organization is to choose the appropriate date). The applicable exchange rates as above will be according to the TT Selling Rates of Exchange as quoted by authorized Exchange Bankers approved by the Reserve Bank of India on the dates in question. No variation in price in this regard will be allowed if the variation in the rate of exchange remains within the limit of plus/minus ……. percent. (The purchase organization is to decide the figure). Any increase or decrease in the Customs Duty by reason of the variation in the rate of exchange in terms of the contract will be to the buyer’s account. In case Delivery period is refixed/ extended, ERV will not be admissible, if this is due to default of the supplier. The purchase organization may formulate an appropriate ERV clause on similar lines as above in consultation with their Finance Wing.” The following documents should be furnished by the supplier for claiming ERV:
(a) A bill of ERV claim enclosing working sheet
(b) Banker’s Certificate/debit advice detailing F.E. paid, date of remittance and exchange rate
(c) Copies of import order placed on supplier
(d) Invoice of supplier for the relevant import order

Thursday, December 11, 2008

Performance Security

To ensure due performance of the contract, Performance Security is to be obtained from the successful bidder awarded the contract. Performance Security is to be obtained from every successful bidder irrespective of its registration status etc. Performance Security should be for an amount of five to ten per cent. of the value of the contract. Performance Security may be furnished in the form of an Account payee Demand Draft, Fixed Deposit Receipt from a Commercial bank or Bank Guarantee from a Commercial bank in an acceptable form safeguarding the purchaser’s interest in all respects. Performance Security is to be furnished by a specified date (generally 21 days after notification of the award) and it should remain valid for a period of 60 days beyond the date of completion of all contractual obligations of the supplier, including warranty obligations.
Submission of Performance Security is not necessary for a contract value upto Rs.1 lakh.
Forfeiture of Performance Security
Performance security is to be forfeited and credited to the purchase organization in the event of a breach of contract by the supplier, in terms of the relevant contract.
Refund of Performance Security
Performance Security should be refunded to the supplier without any interest, whatsoever, after it duly performs and completes the contract in all respects but not later than 60 days of completion of all such obligations under the contract.
Verification of the Bank Guarantees
Bank Guarantees submitted by the tenderers / suppliers as EMD / Performance Security need to be immediately verified from the issuing Bank before acceptance.