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Archive for November 5th, 2008

Chandigarh, November 3

Powered by a better bargaining force as a joint entity, the Empowered Committee of Finance Ministers has demanded that the Central government now share a 50 per cent burden for implementation of the Sixth Pay Commission. (more…)

Comments (1) Posted on Wednesday, November 5th, 2008

New Delhi, November 3 : After the sixth Pay Commission nearly doubled the Travelling Allowance (TA) of senior officers, the Government says it won’t make additional funds available for the increased expenditure. It wants officers to cut official travel drastically to neutralize the effect of the increased TA.
In the time of global financial crisis, the government’s latest memorandum on austerity measures reminds officers that “the new Travelling Allowance rules clearly state that no additional funds will be provided on account of revision of TA/DA entitlements”. Officers should, therefore, travel “judiciously”, “restricted only to absolutely essential officials requirements”. (more…)

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The Empowered Committee of state Finance Ministers of different states which met in Chandigarh expressed their concern, that in next six months of the current fiscal year the rate of VAT collection might be impacted due to economic recession. (more…)

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The empowered committee of state finance ministers is set to meet finance minister P Chidambaram in December to discuss Centre–state finances, including the contentious issue of sharing of tax revenue between the two. (more…)

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Chandigarh, November 02 The Centre-state fiscal relations will be discussed in the one-day empowered committee meeting of state finance ministers, jointly being hosted by the Punjab and Haryana governments here. (more…)

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NEW DELHI: The election campaign for the New Delhi constituency gained momentum on Sunday with BJP candidate Vijay Jolly meeting his electorate in Gole market area and local MLA, Chief Minister Sheila Dikshit, holding a meeting on poll preparations with the party workers of her constituency at her residence. (more…)

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NEW DELHI: As the Pranab Mukherjee-led ministerial committee is grappling with armed forces’ pay-related grievances, the three Services have now taken a fresh controversy to A K Antony’s doors over “issues created” by Defence Ministry bureaucrats. (more…)

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