Question paper Codes OF 2016 APPENDIX3 EXAMINATION

Question paper Codes OF 2016 APPENDIX3 EXAMINATION

Ø  You will be perplexed/confused to see the Code on Question paper instead of Subject name. 

Ø  Here is the small attempt to decipher/decode the Codes appear in the Question paper to find the Subject.

Ø  The codes are changed from year to year.  So this arrangement  is applicable to 2016 year Appendix3 examination only.  

Appendix 3 Exam Codes -2016 year

Subject		Code First letter (Alphabetical)	Code Second letter (First letter of Subject)	Code Third letter X-With Books Y-With out Books	Full Code
Advanced Commercial Book Keeping	Without Books	A	B	Y	ABY
General Rules & Procedures	Without Books	B	G	Y	BGY
Books & Budget	With Books	C	B	X	CBX
Books & Budget	Without Books	C	B	Y	CBY
Traffic Accounts	With Books	D	T	X	DTX
Traffic Accounts	Without Books	D	T	Y	DTY
COS procedures	With Books	E	C	X	ECX
COS procedures	Without Books	E	C	Y	ECY
Est & PF Accounts	With Books	F	E	X	FEX
Est & PF Accounts	Without Books	F	E	Y	FEY
Stores Accounts	With Books	G	S	X	GSX
Stores Accounts	Without Books	G	S	Y	GSY
Traffic stat & Traffic Books	With Books	H	T	X	HTX
Traffic stat & Traffic Books	Without Books	H	T	Y	HTY
Station Accounts	With Books	I	S	X	ISX
Station Accounts	Without Books	I	S	Y	ISY
Workshop Accounts	With Books	J	W	X	JWX
Workshop Accounts	Without Books	J	W	Y	JWY
General Expenditure	With Books	K	G	X	KGX
General Expenditure	Without Books	K	G	Y	KGY

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HBA - House Building Advance

HBA – House Building Advance

·         Significant changes were made in the HBA for Govt employees due to acceptance of 7^th Pay Commission.

·         Here are some important changes compared to previous rules

SN	Item	6th PC	7th PC
1	Maxmimum HBA Amt	7.5 Lakhs	25 Lakhs
2	Interest Rate	8.5%	6% to 9.5% for different slabs
3	Expansion of House	1.8 lakhs	10 lakhs
4	Cost ceiling limit of the House	30 Lakhs	100 Lakhs ( with a proviso of upward revision of 25% in deserving cases i.e., up to 125 Lakhs)
5	If both spouses are Govt employees	Only one spouse is eligible	Both spouses are eligible either jointly or separately
6	Provision of 2.5% higher interest rate above the prescribed rate	Existed	Withdrawn

Salient features of HBA (after 7^th PC)

·         HBA amount: Least of Rs. 25 Lakhs or 34 months basic pay or cost of House/Flat or Repaying capacity.

·         Expansion of House:  Least of Rs.10 Lakhs or 34 months Basic pay or cost of expansion or repaying capacity.

·         Cost ceiling limit of the House  - Rs.1 Crore ( with a proviso of upward revision of 25% in deserving cases i.e., Rs.1.25 Crores)

·         Both spouses, if they are Govt employees are now eligible for HBA either jointly or separately.

·         Migration:  Provision of migration of existing Housing loan from financial institutions/Banks to HBA is existed.

·         Second Charge:  Availing Second Charge on the house for taking loans to fund balance amount from Banks/financial institutions has been simplified. No Objection certificate will be issued along with the sanction letter of HBA, if employee applied.

·         Simple interest rate 8.5%

·         HBA is admissible to an employee once in a life time.

·         Penalty provision (for not complying the conditions)  of 2.5% (higher rate of interest) is withdrawn

·         Recovery of HBA:  Principle in 180 months (15 years) and Interest in 60 months (5 years)

·         The House/flat can be insured with the private insurance companies which are approved by IRDA – Insurance Regulatory Development Authority.  

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CEA - Children Education Allowance

CEA - Children Education Allowance

 

Clickfor Board's letter 114/2018

 

·         The Children Education allowance was introduced w.e.f. 1-9-2008 on the basis of the recommendation of 6th CPC.

 

·         7th Pay Commission revised the rates of CEA w.e.f 01.07.2017

 

	Normal children	Differently abled children
CEA	Rs. 2,250 per month (Rs. 27,000 per year)	Rs. 4,500  per month (Rs.54,000 per year)
Hostel Subsidy	Rs. 6,750 per month ( Rs.81,000 per year)	Rs. 13,500 per month (Rs.1,62,000 per year)

 

·         The CEA and Hostel Subsidy can be claimed concurrently.

 

 

·         The rates will be double for differently abled children

 

·         The above rates would be automatically raised by 25 %  - If the DA- Dearness Allowance goes up by 50 %

 

·         Reimbursement  - allowed once a year (not like every quarter in 6th PC)

 

·         The period year means Academic Year i.e., 12 months of complete academic session.  

 

·         Upper Age limit :  Normal children – 20 years and Divyaang children  - 22 years

 

 

·         To be claimed - only after completion of the financial year.

 

·         Biggest relief for claiming CEA is dispensing of producing fee receipts. A certificate from the Head of Institution will be sufficient for this purpose.

 

 

·         In case, both the spouses are Government servants, only one of them can avail the above allowances.

 

·         Admissible for classes from nursery to class XII only. (two years before class one).  

 

·         2 years diploma (polytechnic college /ITI/ Engineering college  - eligible.  Provided the child pursues the course after passing 10^th standard and CEA and Hostel Susbsidy has not been granted to the child in respect of 11^th class and 12^th class.                                                                                     

·         Reimbursement is allowed to only the two eldest surviving children of the Government servant (exceptions: 1. When the 2nd child birth is results in multiple births 2. The 3rd child is born due to failure of sterilization operation. )

 

·         No nexus /connection between performance of the child in his class and reimbursement of CEA /Hostel Subsidy.  In other words, even if a child fails in a particular class, he is eligible for both i.e., CEA and Hostel Subsidy.

 

·         However, if child is admitted in the same class in another school, though the child has passed out of the same class in previous school or in mid session  - CEA shall not be reimbursable.

 

·         Retirement, Death, dismissal, removal cases:  CEA & Hostel Subsidy shall be eligible till the end of the academic year in which the servant ceases to be in service.

 

Hostel Subsidy:

 

1.       Applicable only – minimum of 50 kms distance from the residence of the employee.

2.       In addition to the Certificate for Institution, a certificate should mention the amount of expenditure towards lodging and boarding in the Hostel is required.  The amount of actual expenditure mentioned or Rs.6750 per month (Rs.81000 per year) whichever is lower shall be paid.   

3.       Hostel subsidy is 3  times more than CEA.

 

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Debt Service Fund

Debt Service Fund

v  Created a new fund in the year 2013-14 year.

v  Object: To meet the liabilities for debt servicing of Japan International Cooperation Agency and the World Bank loans taken for the Dedicated Freight Corridor project and obligations of future Pay Commissions/Awards.

v  Allocation for the current year 2013-14 is Rs.4,163 Crores and Interest accrued on balance of the Fund is Rs.83.26 Crores (Total 4246.23 Crores)

v   Credits to the Fund:  A) From the net surplus (Railways' excess of receipts over expenditure) of the Indian Railways after appropriating the amounts to Development Fund and Capital Fund. B) Interest on closing balance of the Fund.

v   Debits to the Fund:  A) to meet committed liabilities of debt servicing for World Bank and JICA- Japan International Cooperation Agency loans for DFC B) Other future liabilities arise due to implementation of future Pay Commissions/Awards etc.

v

v  Importance:

A) Railways finances were burdened so much in the years 2008-09 and 2009-10 years due to implementation of 6th Pay Commission recommendations retrospectively from the year 01.01.2006 onwards. Also JICA and World Bank financing on very big scale the ambitious project of DFC - Dedicated Freight Corridor which is expecting the cost of Rs. 95,836 Crores. 

B) Western DFC (1,499 km) is being funded by loan from Japan International Cooperation Agency (JICA) to the extent of 77% of the project cost. Out of 1,839 km of Eastern DFC, 1,183 km of Ludhiana-Khurja-Dadri-Kanpur-Mughalsarai section is being funded through loan from World Bank to the extent of 66% of the project cost.

C) Unless contributing annually from the surpluses, the repayment of loans to the JICA and World Bank and meeting the 7th Pay commission obligations will be a major burden on the Railway Finances.  In order to prevent the huge burden on Railway finances, this Fund is created and planned to allocate the contributions from the excess of Receipts over Expenditure from 2013-14 year onwards.

v  During the year 2016-17 , Rs.3000 Crores from the Fund balances were utilised to meet 7th Pay commission arrears.  To accountal this, separate Classification/Allocation was enabled under all Demands (i.e., Demand No.4 to 13) - Sub Head 990 under Credits & Recoveries- Amount met from Railway Debt Service Fund Link is ACS128 to Finance Code II

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