Payment of interest in respect of PPF (HUF) accounts

F.No.7/4/2008-NS II
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, the 1 ^ST June, 2011.

To
The CGM (DGBA),
Reserve Bank of India,
Department of Government & Bank Accounts,
Central Office, Byeulla Office Building,
4th Floor, Opp. Mumbai Central Railway Station,
Byeulla, Mumbai-400008.

Sub: Payment of interest in respect of PPF (HUF) accounts.

Sir,

I am directed to say that as per the provisions contained in Public Provident Fund (PPF) Scheme, 1968, prior to 13th May, 2005 accounts could be opened by individuals and on behalf of HUFs. With effect from 13th May, 2005 opening of PPF accounts has been restricted to “individuals” only. In this regard, a clarification was issued by Finance Ministry vide letter No. F.2/8/2005-NS II dated 20.5.2005 intimating that PPF accounts of HUFs shall continue till maturity and deposits/withdrawals in/from these accounts shall be allowed to be made in accordance with the rules of the scheme. However, any extension of existing accounts shall be subject to the amendment dated 13th May, 2005.

2. As per Paragraph 9(3) of PPF Scheme, 1968 a subscriber to the account, any time after the expiry of 15 years from the end of the year in which the initial subscription was made, if he so desires, can apply for withdrawal of the entire balance standing to his credit. Further, as per proviso below Paragraph 9(3), the subscriber may, if he so desires, make withdrawal of the amount standing to his credit from time to time in installments not exceeding one in a year.

3. An amendment has been made to PPF Scheme, 1968 vide this Ministry’s Notification No. G.S.R. 956(E) dated 7th December, 2010. A new Proviso below Sub Paragraph 3 of Paragraph 9 of PPF Scheme, 1968 has been inserted, according to which PPF accounts opened On behalf of HIJFs prior to 13th May, 2005 shall be closed after expiry of 15 years from the end of the year in which initial subscription was made. In respect of those HUF accounts where the initial period of 15 years had already been completed prior to the issue of Notification dated 7.12.2010, such accounts were to be
closed on31 March 2011.

4. Some of the subscribers of PPF (HUF) accounts had closed the accounts on maturity or thereafter between 13th May, 2005 to 7.12.2010 (before the issue of the aforesaid amendment). Some of such account holders, were not paid interest at PPF rates on the deposits retained beyond the maturity period (without further subscriptions). Those subscribers had been representing that interest at PPF rate may also be paid to them on the deposits that were retained in PPF accounts beyond maturity period. The matter has been examined in this Ministry and it has been decided that interest at PPF rate would be paid on those PPF (HUF) accounts, which had attained the maturity after 13.5.2005 but closed by the subscribers before 7.12.2010,subject to the conditions that the accounts had not been extended thereafter and the deposits were retained in such accounts without further subscriptions.

5. The above decision may be circulated to all concerned for compliance.

6. This issues with the approval of Secretary (EA).

Yours faithfully,
(M.A. Khan)
Under Secretary the Govt. of India

http://finmin.nic.in/the_ministry/dept_eco_affairs/budget/PoI_PPF_HUF_accounts.pdf

Payment of Composite Transfer Grant

Government of India/Bharat Sarkar
Ministry of Railways/Rail Mantralaya
(Railway Board)

RBE No.76/2011.

No. F (E) I/2010/AL-28/46                                                      New Delhi, dated 26.05.2011.

The General Managers,
All Indian Railways, etc.
(As per Standard Mailing List)

Sub:- Payment of Composite Transfer Grant.

   Representations have been received from various quarters for doing away with the condition of production of documentary evidence for transportation of personal effects from one station to another for admissibility of 100% CTG, where transferee/retiree submits self declaration of having transported personal effects by own means, without availing of the facility of Kit Pass, VPU and Goods/Container.

   The matter has been examined and it has been decided by the Board that henceforth:

     (i) When transferee / retiree submits self declaration that transportation of personal effects has been made by own arrangement and facility of Kit Pass/VPU/Goods Train/ Container has not been availed of, production of documentary evidence of such transportation of personal effects by own arrangement need not be insisted upon, Subject to fulfillment of other conditions. Proof of journey/change of residence will however continue to be required. In the cases where Kit Pass has been availed by the railway employee for transportation of personal effects, extant provision under the rules would continue to be applicable to regulate quantum of Composite Transfer Grant.

     (ii) For short distance transfers/settlement after retirement within the same Station or to an outstation within 20 Kms., where transportation of personal effects is generally carried out by road, CTG may be granted at prescribed rates. i.e 1/3rd of Basic Pay on production of documentary. Proof of change of residence, as a result of transfer/retirement subject to fulfillment of other conditions.

sd/-
(Sonali Chaturvedi)
Dy. Director Finance (Estt)
Railway Board.

source-AIRF

Leave Rules — Special Leave to Women Government employees who undergo Hysterectomy operation for a period of 45 days as recommended by Civil Surgeon — Sanction — Orders — Issued

GOVERNMENT OF ANDHRA PRADESH
ABSTRACT

      Leave Rules — Special Leave to Women Government employees who undergo
  Hysterectomy operation for a period of 45 days as recommended by Civil
Surgeon — Sanction — Orders — Issued.

---

FINANCE (FR.I) DEPARTMENT

G.O.Ms.No.52                                                                                                   Dt. 01-4-2011
Read the following:
   

1. Representation of A.P.Secretariat Women Employees welfare Association,dt 8-3-2010                   

2. Agreement between joint Action Committee of Employees. teachers and workers and A.P.Secretariat Employees Co-Ordination Committee and Government on certain demands,dt.23-1-2011.

*******

O R D E R:

In the reference 1st read above, The A.P.Secretariat Women Employees’ Association in their representation have stated that there is no specific provision for sanction of Special medical Leave to the women employees who undergo hysterectomy operation in the existing A.P. Leave Rules.1933 and Fundamental rules. This operation is done only to women employees and there is no such Specific provision for sanction to women employees. But there is provision for the govt. employees who undergo treatment for deceases like TB./Cancer/Mental Illness/Heart deceases/Kidney failure cases under G.O.Ms.No.268. Finance (FR.I) Dept.dated 29-10-1991 as extended from time to time by availing leave on Half Pay on Medical grounds subject to receipt of pay and allowances in full. The
above Association have requested to permit the Women Govt. Employees to avail the said concession of receiving full pay and allowances in respect of hysterectomy operation also.

2. In the reference 2nd read above, Government have reached an agreement with the joint Action committee of employees, Teachers and workers,A.P.and A.P.Secretariat Employees co-ordination Committee wherein the above demand of the A.P.Secretariat Women Employees Welfare Association,Hyderabad was accepted.

3. Government in pursuance of the above agreement,hereby order for sanction of Special Leave as recommended by Civil Surgeon upto a maximum of 45 days for Women Employees who undergo Hysterectomy operation, without debiting the same to the regular leave account of the individual and on payment of full pay and allowances.

4.All the departments of secretariat and all Heads of Department shall take action accordingly.

(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)

L.V.SUBRAHMANYAM

PRL.SECRETARY TO GOVERNMENT (FP)

http://www.apfinance.gov.in/gofiles/GOMs52Fr1.pdf