Railway Accounts Department Examinations

Tuesday, October 15, 2024

Traffic Accounts - Short Lead Traffic

 


Short Lead Traffic



  • Salient Features: 


  • Up to 100 KMs

 

  • Agreement Period: Maximum 10 Years


  • Applicable for all Traffic (except Coal & Coke, Iron Ore, Military Traffic, Rail Material Consignments and Container Traffic )


  • Permitted Distance slab and Freight Concession as follows,


Distance Slab

Freight Concession

0 -50 KM

50%

51 - 75 KM

25%

76 -90 KM

10%

91- 100 KM

NIL


  • The applicable concession as mentioned above shall be given on Normal Tariff Rate (NTR).


  • This concession shall not be available with any other concession. (except 6% concession on freight applicable to traffic booked to and from the North East region).


  • CRIS has developed necessary modifications in FOIS.


  • The agreement shall have a clause of enhanced loading commitment supported with Bank Guarantee. Depending upon the commitment, the percentage concession may vary from the rates mentioned in above referred Rates Circular.


  • Zonal Railways must assess the concession vis-a-vis the additional traffic and revenue projections to determine the rate of concession. 

  • Zonal Railways shall evaluate the fulfillment of committed traffic and revenue projections annually, and realize the unmet revenue from customer or from Bank Guarantee at the end of year. 


  • Zonal Railway shall get the MIS report designed in TMS through FOIS/CRIS before effecting the agreements, so as to get data on traffic, revenue and concession given for assessment of performance


Sunday, October 13, 2024

Railway Quarters - Retention Policy 2024

 



Railway Quarters - Retention Policy


Source: RBE 87/2024 dated 06.06.2024 - Click here


Features: 


  • Transfers to unpopular locations:  Employees transferred on administrative grounds to unpopular locations can retain their quarters at the previous posting location if their children are in Class 6th to post-graduation, or their spouse is a permanent government employee in the same city.

 

  • Preferential Allotment: Upon completing two years at unpopular locations, employees are eligible for preferential quarter allotment at the new posting location within six months.

 

  • Posted to Difficult Projects: Employees posted to difficult project areas can retain their quarters at the previous posting location until project completion or the end of their tenure.

 

  • For DRMs: Divisional Railway Managers (DRMs) can retain quarters if children are in school (Class 6th to post-graduation) or their spouse works in the same city.

 

  • On Permanent Transfer: Quarters can be retained for 8 months after a permanent transfer, extendable by 3 months in special cases.

 

  • On Deputation: Railway staff on deputation to Central Ministries or eligible organizations may retain their quarters until they are allotted General Pool Residential Accommodation.

 

  • On Medical Grounds: Quarters can be retained on medical grounds under certain conditions.

 

  • For Retirement and Other Special Cases: Policies for retention beyond superannuation, voluntary retirement, and other specific scenarios, such as study leave and deputation abroad, are outlined.




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Friday, October 11, 2024

70% Selections - Treatment of Outstanding



70% Selections - Treatment of Outstanding  

The successful candidates are empanelled as under: 


(1) Those securing 80% marks and above(in Written + Viva)are graded as ‘OUTSTANDING’ 


(2) Those securing between 60% and 79% (in Written + Viva) are graded as ‘GOOD’ 


The panel shall consist of names of employees who have qualified in the selection corresponding to the  number of vacancies for which selection is held. Employees who have secured the grading of  OUTSTANDING will be placed on top followed by those secured the grading of GOOD by maintaining inter se seniority within each group. 


70% Selections - Out of 150 Marks (Written + Viva) 

Assumption: 2 Candidates (Senior & Junior)  vie for 1 Post


Situation: 1 - Both are in “Good” category

Senior:   62 %  - 93 Marks ( 61 Marks + 32 Marks) 

Junior:   78 %  - 117 Marks ( 83 Marks + 34 Marks) 


Senior will be empaneled in 70% Selections. 

—---------------------------------------------------------------------------------------------------------------- 

Situation: 2 - Both are in “Outstanding” Category

Senior:  86 %  - 129 Marks ( 84 Marks + 45 Marks) 

Junior: 94 %  - 141 Marks ( 94 Marks + 47 Marks) 


Senior will be empaneled in 70% Selections. 

—----------------------------------------------------------------------------------------------------------------

Situation: 3 - Senior in Good Category and Junior in Outstanding category

Senior: 78 %  - 117 Marks ( 83 Marks + 34 Marks) 

Junior: 84 % - 126 Marks ( 90 Marks + 36 Marks) 


Junior  will be empaneled in 70% Selections. 

—------------------------------------------------------------------------------------------------------------------


Wednesday, October 9, 2024

Differences between Portal and Website

 


   Differences between Portal and Website



Features

Portal

Website

Purpose

Gateway to multiple sources or applications

Provides information or services on a selected topic

Scope

Broad - Multiple areas

Narrow - Specified area

Content

Includes content from various sources

Contains original content for the Website

Users

Specific with login requirements

Accessible to all users without login requirements

Example in Railways

HRMS portal

https://indianrailways.gov.in/


Tuesday, October 8, 2024

RCM - Reverse Charge Mechanism (GST - Goods & Services Tax)

 RCM - Reverse Charge Mechanism (GST - Goods & Services Tax) 

  • Forward Mechanism: Typically, the supplier of goods or services pays the tax on supply. That is, the Purchaser makes payment (with GST) to the Supplier and the Supplier will deposit the GST with the Government. 


  • In RCM, The recipient (i.e., purchaser) of goods or services becomes liable to pay the tax, i.e., the chargeability gets reversed. Here, the Purchaser makes payment (without GST) to the Supplier and it is the responsibility of the Purchaser to deposit the GST with the Government on behalf of the Supplier.

In Indian Railways - GST


  • Forward mechanism: Services relating to passenger and freight service and any other service rendered to unregistered persons only 


  • IR registered under GST as Central Government though it is a business entity. IR has 36 registrations and each State and UT has been assigned with a Nodal Officer. 


  • Transportation of passengers & Goods are the two principal outward supplies of Services. Railways as a Supplier is responsible to deposit GST with the Government. 


Taxable: Non AC First Class and AC classes - GST Rate is 5%


Non Taxable:  1. Sleeper class (Non AC) 2. General Class 3. Relief materials 4. Newspapers 5. Railway materials 6. Agricultural products, Milk, Salt, Food grains & organic manure. 


RCM - Reverse Charge Mechanism: Railway as a Receiver is responsible to deposit GST with the Government. Examples are: Land licensing, Parking Contracts, renting out of immovable properties, way leave charges.