Way leave charges

WAY LEAVE CHARGES

RailwayBoard Link - Way Leave charges

• Authority: Section 16 & 17 of the Railways Act, 1989 and Para 1033 of Indian Railways Engineering Code (ACS No.47)

   Engineering Code - Way Leave charges Link

• What is Way Leave: Making good any interruptions caused by the Railway to the use of Lands through which the Railway (line) is made.  In many cases, these are unavoidable in view of the very nature and extent of the railway alignment.

• Granted Way leave as non-availability of any other means of access to properties/houses and non-feasibility of provision of water supply, electricity, sewerages, etc. from any other direction.

• Examples : Provision of way leave/easement on Railway land in the form of Passage to Private houses and establishments, underground pipelines for water supply and sewerage, electrical and telecommunication lines etc.

• Authority for Railways for facilitating such works: 
• Way leave facilities should not be granted as a matter of routine, but only after consideration of each case on merits based on a site inspection.

• Any proposal for passage/roads for width more than 3 metres should be treated under LICENSING and dealt accordingly.

• Way leave permission in respect of open drainage and surface/overhead pipelines should be allowed only in unavoidable cases. All efforts may also be made to have the existing open drainage and surface/overhead pipelines replaced by underground installations at the earliest.

Rates of way leave facilities:

• The rates for Way leave facilities is depend on the nature of the Work and to be fixed as per Railway Board's policy letter No. 97/LML/24/3 dated 27.11.2001.  Example: Laying of underground pipeline - 10 % of the market value of land p.a. subject to minimum of Rs.20,000/- p.a.

Precautions at the time of entering agreements

• Not conferring upon the party any right of possession or occupation of the land.  That means Way leave facility is only enables occasional or limited use of the land by a party for specified purposes like passage etc.

• Should not using the words "licence" and " licence fee" in Way leave agreements.  But only "permission" and "way leave charges" in such Agreements.

• Clearly stipulate that the Railway Administration retains full rights to enter upon, pass through or use of the land at any time, without any notice to the party.

• In the event of the way leave facility being discontinued with, the Railway will neither be liable to pay any compensation or reimburse any amount to the party, nor to provide any alternative arrangement for access, etc.  In such a case, removal of such underground pipelines etc are liable to be removed/shifted by the parties at their own cost.

• In any way, such Way leave facility does not impinge/interrupt the safety and security of railway operations and railway property.

• Registration fee:  A Deposit of Rs.20,000/- as fees to be paid along with application for way leave permission. This would be adjusted against the survey and detailed estimate charges/way leave charges.

Processing and sanctioning of way leave proposals

• Processed by Sr.DEN(Co-ord) and sanctioning by DRM (without any further re delegation) duly concurred by Divisional Associate Finance.

                                                                          *&%*&%

Line Capacity Works

Line Capacity Works

(Most important question for General Expenditure - many times asked in exams)

v  Line Capacity means  - " The number of trains that can be run on a section in 24 hours."

.

v  Line Capacity Works means - "The works which are designed and provided in order to improve the Operating performance or to add to the Capacity of the Line."

v  Saturation means - " When a Section reaches 80 % of the utilization of Line Capacity, it is treated as reaching to 'Saturation'.

v  Methods - Increasing Line Capacity :-

1.       Proposals for New Marshalling yards or Major yard remodeling of the existing marshaling yards, Goods terminals and Transit yards etc should be preceded by the WORK STUDY.

2.       The existing capacity should be properly evaluated by preparation of Master charts for "Doublings, Multiple tracking schemes and Gauge conversion schemes."

3.       In the case of Passenger terminals : - Occupation charts of the platform lines, washing & stabling lines etc should be prepared and analyzed.

4.       In the case of Goods yards and Marshalling yards etc: - The capacity should be worked out in terms of average detention of trains etc.

5.       The optimum capacity with the existing facilities should first be worked out.  Thereafter, based on the projections of traffic, the gap in the availability of the capacity and likely requirement should be identified and alternative solutions to create requisite capacity in phased manner should be considered.

v  The following alternatives will be considered.

1.       By having improved speeds

2.       By having heavier/longer trains

3.       By having change of traction (from Diesel to Traction)

4.       Provision of Additional crossing stations

5.       Token less block working etc

v  After explore of above possibilities, still there is a gap in the availability of capacity and likely requirement cannot be abridged, the alternatives of "Path doubling in suitable phases" or "Introduction of CTC " should be considered.

v  The Line Capacity works will enable the Railway Administration to improve the operation as and when needed.

v  As transport facilities are to be created in a phased manner, the Line Capacity works were programmed annually and included in the "Works Programme".

&&&&&&

Differences between NPS and Old Pension System(NCSRPF)

Differences between NPS and Old pension system

NPS	Old Pension System (NCSRPF)
1. Full form is New Pension Scheme	1. Full form is Non Contributory State Railway Provident Fund
2. Employees who join on or after 01.01.2004 are covered under this scheme	2. Employees who join till 31.03.2004 are covered under this scheme.
3.  Defined Contribution Pension Scheme.  Here Contribution is defined i.e., 10% of Pay + DA.  Unlike Old pension system, here benefit i.e., pension is not defined.   It is based on investment returns along with accumulations until retirement age, annuity type and its levels..	3. Defined Benefit Pension Scheme.  Means Benefit (Pension) is fixed.  That is 50% of last pay is defined as Pension
4. Retirement Gratuity is not available.  But Death Gratuity is available.	4. Retirement Gratuity and Death Gratuity are available
5. Commutation of Pension is not available	5. Commutation up to 40 % is available.  Commuted portion shall be restored after the completion of 15 years.
6. Contribution to NPS is 10 % of Pay + DA	6. Contribution to NCSRPF is 8.33% of Pay only
7. Matching contribution from Employer	7. No matching contribution from Employer.
8. Managing the Funds:  Fund Managers approved by PFRDA - Provident Fund Regulatory Development Authority	8. Managing the Funds:  PF Trust appointed by Govt.
9. Regulator:  PFRDA	9.  No Regulator
10. Loan facility against PF amount is not available.	10. Loan facility against PF amount is available.
11.  At the time of Retirement:  Withdraw 40 % of total amount lying in Account (Employees contribution and Employers matching contribution incl: returns on investments). 60% Amount to be invest in Pension Annuity Schemes in order to get the monthly pension	11. At the time of Retirement, received the whole amount lying in employees PF Account with interest accrued there on.  Monthly pension @50% of last basic pay is provided by Employer
12. No provision of Family Pension.	12. Provision of Family Pension to the family members of deceased employee @ 30% last basic pay by Employer
13. Tax liability:  EET - Exempt, Exempt & Taxable.   Means Exempt on contributions made, Exempt on Accumulation and Taxed on Maturity.	13. Tax liability: EEE - Exempt, Exempt & Exempt.  Means Exempt of tax on Contribution, Accumulation and Maturity also.

Book keeping paper - Important questions - Differences between

Important Differences between questions

in Advanced Book keeping paper of Appendix 3 Exam

Note:

A very commendable effort by Shri Satbir Singh , Bhopal in compiling the Distinguished questions in Advanced Book Keeping paper. 

4 times Asked

1.      Equity shares and preference shares-1989, 1994, 1995, 1996

2.      Provision and reserves -1984, 1987, 1988, 1995

3 times asked

1.      Bill of exchange and promissory note-1986, 1991, 1997

2.      Consignment and sale-1987, 1989, 1997

3.      Fixed assets and current assets-1994, 1996, 2004

4.      Shares and debentures-1997, 2000, 2006

2 times asked

1.      Amalgamation and absorption-1986, 1988

2.      Bad debts and doubtful debts-1983, 2004

3.      Capital and revenue expenditure-1991, 2000

4.      Debentures and preference shares-1983, 1987

5.      Joint venture and partnership-2001, 2004

6.      Fixed and floation assets-1991, 1997

7.      Memorandum of association and articles of association-2001, 2006

8.      Good will and royalty-1986, 1989

9.      Ledger and journal-1995,  2016

10.  Renewal of bill and retiring a bill-1996, 2001

11.  Straight line method and diminishing balance method of providing depreciation-2000, 2006

12.  Trade discount and cash discount-1988, 1997

13.  Wasting and fictitious assets-1987, 1989

1 time asked

1.      Accrual and cash basis of accounting-1988

2.      Bonus shares and right shares-1984

3.      Business entity concept and going concern concept-1996

4.      Capital expenditure and capitalized expenditure-1984

5.      Capital receipts and revenue receipts-1988

6.      Carriage inward and carriage outwards-2004

7.      Cash credit and over draft-1986

8.      Consignment account and joint venture accounts.-1983

9.      Consignment and joint venture-2000

10.  Convertible debentures and redeemable debentures-2001

11.  Current ratio and acid test ratio-2000

12.  Current ratio and quick ratio-1989

13.  Debit note and credit note-1980

14.  Dividend and interest-2006

15.  Errors of principle and compensatory errors-1997

16.  Fifo and lifo method of inventory valuation-1988

17.  Financial and cost accounting-1995

18.  Fixed capital and working capital-1994

19.  Hire purchase and installment system-2006

20.  Issue of debentures at prememium and issue of debentures at discount-1980

21.  Limited company and partnership-1980

22.  Nominal capital and paid-up capital-1980

23.  Partnership concern and joint stock company-1995

24.  Preference and deferred shares-1991

25.  Private limited and public limited company-2006

26.  Promissory note and bill of exchange-1994

27.  Receipt and payment account and income and expenditure account-2001

28.  Reserve fund and capital reserve-1994

29.  Reserve fund and dividend equalisation fund-1983

30.  Revenue expenditure and deferred revenue expenditure-1984

31.  Revenue fund and sinking fund-1991

32.  Sale and consignment-2001

33.  Single entry and double entry system-2004

34.  Trade bill and accommodation bill-1995

35.  Trade discount and quantity discount-1983

36.  Trade mark and patent rights-1989

37.  Trading account and p&l account-2004

38.  Trial balance and balance sheet-2000

for PDF version, click below

Book keeping - Important questions - Distinguish between

    

****

Question papers - AFA post - 70%

SCR 70% 2015 Question paper     SCR 70% 2018 QUESTION PAPER

SWR 70 % 2016 Question paper

SR 70% 2015 Question paper  WR 70% 2016 Question paper


SR 70% 2010, 2009, 2008, 2005 & 2002 question papers

Indian Railways Annual Report & Accounts 2016-17

click below for the latest data on Indian Railways 

( Released recently)

Indian Railways Annual Report & Accounts 2016-17

SCR - Group B post - AAO Notification

Salient features of SCR Group B post AFA (Level -9, Grade Pay -5400)  notification - 70%

·         No of posts

Segment	OC	SC	ST	Total
70 %	12	1	1	14
30 %	5	1	-	6
Total	17	2	1	20

·         70 % Exam Date:  19.04.2018     

·         Panel period  :  01.12.2017 to 31.05.2020  ( 2 1/2 years)

·         Last date for Willingness/Unwillingness of candidates  - 16.03.2018  (From 55 candidates in Annexure A of the Notification)

·         Candidates listed in Annexure B of the Notification will be called for Examination to the extent of shortfall, if the candidates in Annexure A expressed unwillingness

·          Written Examination  - 150 marks (Qualifying marks - 90)

·         Viva voce - 25 marks & Record of Service - 25 marks  ( Qualifying marks -30 out of 50)

·          Minimum 15 marks out of Record of Service -25 marks.

SCR 2018 AFA Notification

70% exam questions papers of different Zonal Railways.