This document provides implementation instructions for the National Coal Wage Agreement VIII regarding revised wages and benefits for coal industry workers. Key points include:
- The agreement covers all coal industry employees from July 1, 2006 to June 30, 2011.
- Wages now consist of basic pay, special dearness allowance, and variable dearness allowance linked to inflation.
- Minimum wages are set at Rs. 9,346.06 per month or Rs. 359.46 per day.
- Revised pay scales for different categories and grades of workers are provided in annexures.
- Existing employees will receive a minimum guaranteed benefit of 24% of their June 30, 2006 emoluments.
-
This document discusses various tax deductions available under sections 80C to 80U of the Indian Income Tax Act of 1961. It provides an overview of the basic rules for deductions, categories of deductions including those for savings, personal expenditures, socially desirable activities and disabled persons. It then examines key deductions in further detail such as those under sections 80C for certain investments/payments, 80D for medical insurance premiums, 80DD for dependent relatives with disabilities, and 80U for individuals with disabilities. Deductions are permitted to incentivize certain economic activities and are subtracted from gross total income to arrive at total taxable income.
The document summarizes the discovery and analysis of the Rummindei inscription found near Lumbini, Nepal. It was discovered in 1896 and provided details of Ashoka's visit to Lumbini to honor the birthplace of Buddha. However, some scholars have questioned its authenticity due to inconsistencies with other Ashokan inscriptions and allegations that its discoverer had engaged in previous forgeries. The date and authorship of the inscription remain unclear.
The Central Sales Tax Act provides principles for determining inter-state sales and levies tax on sales occurring during inter-state trade. It aims to regulate state sales taxes on declared goods moving between states. Only movable property is considered goods under the Act. A sale involves the transfer of property in goods for consideration, excluding transfers like mortgages or pledges where ownership is not passed. Various transactions like hire purchases or barter trades are included in the definition of sale.
Find out the detailed explanation of the provisions related to Offences and Penalties under the dual GST Law for the efficient tax administration from the presentation. Give it a read and we would love to know your feedback!
Reverse charge is a mechanism where the liability to pay tax is on the recipient of the goods or services instead of the supplier. The document summarizes the categories of goods and services where reverse charge applies as per the CGST and IGST Acts, including transportation services by GTA, legal services by advocates, sponsorship services, services provided by directors and insurance agents. Rate of tax is also specified for different categories ranging from nil to 18%.
PPT on Time of Supply
Content - Time of supply for goods and services including RCM, the due date for issue of invoice, and change in the rate of tax with illustrations.
1. Dokumen tersebut membahas empat topik yaitu hiwalah (pemindahan hutang), rahn (gadai), wakalah (kuasa), dan kafalah (jaminan).
2. Topik-topik tersebut dijelaskan pengertian, dasar hukum, rukun, dan syaratnya berdasarkan pandangan fuqaha.
3. Dokumen tersebut juga memberikan contoh kasus hiwalah dan berakhirnya akad rahn serta membedah lebih lanjut tentang wak
This document discusses various tax deductions available under sections 80C to 80U of the Indian Income Tax Act of 1961. It provides an overview of the basic rules for deductions, categories of deductions including those for savings, personal expenditures, socially desirable activities and disabled persons. It then examines key deductions in further detail such as those under sections 80C for certain investments/payments, 80D for medical insurance premiums, 80DD for dependent relatives with disabilities, and 80U for individuals with disabilities. Deductions are permitted to incentivize certain economic activities and are subtracted from gross total income to arrive at total taxable income.
The document summarizes the discovery and analysis of the Rummindei inscription found near Lumbini, Nepal. It was discovered in 1896 and provided details of Ashoka's visit to Lumbini to honor the birthplace of Buddha. However, some scholars have questioned its authenticity due to inconsistencies with other Ashokan inscriptions and allegations that its discoverer had engaged in previous forgeries. The date and authorship of the inscription remain unclear.
The Central Sales Tax Act provides principles for determining inter-state sales and levies tax on sales occurring during inter-state trade. It aims to regulate state sales taxes on declared goods moving between states. Only movable property is considered goods under the Act. A sale involves the transfer of property in goods for consideration, excluding transfers like mortgages or pledges where ownership is not passed. Various transactions like hire purchases or barter trades are included in the definition of sale.
Find out the detailed explanation of the provisions related to Offences and Penalties under the dual GST Law for the efficient tax administration from the presentation. Give it a read and we would love to know your feedback!
Reverse charge is a mechanism where the liability to pay tax is on the recipient of the goods or services instead of the supplier. The document summarizes the categories of goods and services where reverse charge applies as per the CGST and IGST Acts, including transportation services by GTA, legal services by advocates, sponsorship services, services provided by directors and insurance agents. Rate of tax is also specified for different categories ranging from nil to 18%.
PPT on Time of Supply
Content - Time of supply for goods and services including RCM, the due date for issue of invoice, and change in the rate of tax with illustrations.
1. Dokumen tersebut membahas empat topik yaitu hiwalah (pemindahan hutang), rahn (gadai), wakalah (kuasa), dan kafalah (jaminan).
2. Topik-topik tersebut dijelaskan pengertian, dasar hukum, rukun, dan syaratnya berdasarkan pandangan fuqaha.
3. Dokumen tersebut juga memberikan contoh kasus hiwalah dan berakhirnya akad rahn serta membedah lebih lanjut tentang wak
The document discusses the requirements for annual returns under the Companies Act 2013. It notes that annual returns are consolidated reports submitted by companies to the Registrar of Companies each year after the AGM. They must include information such as the registered office, business activities, shareholding patterns, indebtedness, directors and other details. Companies meeting certain criteria must get the annual return certified by a practicing company secretary. It also compares the annual return provisions of the Companies Act 2013 to the previous Companies Act 1956.
A presentation on the audit mandate of SAI of India as per various provisions contained in the Comptroller and Auditor General's (Duties, Power and Conditions of Service) Act, 1971 for the users.
Self-assessment, provisional assessment, scrutiny of returns, assessment of non-filers and unregistered persons, and summary assessment are the main types of assessments under the Act. The proper officer may conduct audit of registered persons to verify correctness of returns filed. Special audit can also be ordered if the officer feels value or credit availed requires further verification. Audit report findings can initiate proceedings for recovery of short paid tax or erroneously claimed credits.
The document provides an overview of warehousing under customs in India. Some key points:
- Goods can be deposited in public, private, or special warehouses licensed by customs authorities.
- Goods remain warehoused for up to one year, though extensions are possible. Interest applies if goods remain over 90 days.
- Owners can inspect, sort, manufacture, or deal with warehoused goods with permissions.
- Goods can be cleared for home consumption or export upon payment of duties and permissions.
- Provisions for transfer between warehouses, allowance for volatile goods, and consequences for improper removal are explained.
This document discusses shariah audits of Islamic businesses. It describes that a shariah audit involves an unbiased examination of all aspects of a business according to Islamic law. The benefits of a shariah audit include increased productivity and profits by minimizing expenses and employee turnover. A shariah audit also pleases Allah by avoiding disobedience in business practices. The audit process involves signing an NDA, collecting policy documents, discussing policies with management, providing alternative Islamic solutions, and training employees. Examples of issues found include profit distribution ratios and sales practices. The compensation for a shariah audit is an investment that provides knowledge and is considered a ongoing charity.
This document summarizes the key accounts and records that must be kept under the Goods and Services Tax (GST) in India. It outlines the requirements for tax invoices, credit notes, debit notes, and other documents. It also specifies the accounts and records that must be maintained, including production, inventory, supplies, taxes, and other required documents. All accounts and records must be kept for 5 years or longer if under audit or legal proceedings.
Central Sales Tax (CST) is a tax levied by the Central Government of India on the inter-state sale of goods. It applies only to sales that involve the movement of goods between states and not on intra-state sales. Under the CST Act, any dealer involved in inter-state trade must register and pay tax. The Act provides a framework for determining whether a sale constitutes inter-state trade and for the levy, collection, and distribution of CST.
GST stands for Goods and Services Tax, India.
It is a comprehensive tax levied by the government on the supply of goods and services. It is also an indirect tax, replacing other central and state levied indirect taxes. GST has brought the whole India under one tax regime, saving time and resulting in a low tax burden.
The document discusses Islamic finance principles and analyzes PTPTN's education loan program in Malaysia. It provides background on prohibitions of riba (usury) in Islamic law and how early Islamic finance developed alternatives like profit and loss sharing. It then examines PTPTN's program, originally at 3% interest, which was converted to a 1% "ujrah" fee claimed to be Shariah compliant. However, some scholars like Dr. Asyraf argue it is still interest as the fee is based on loan amount instead of actual costs. In conclusion, while the 1% rate saves borrowers money, there are issues with calling it interest and tying repayments to the loan term and amount.
This document discusses various aspects of CGST/SGST levy and collection under Section 9 of the CGST Act, including:
1. Rates not exceeding 20% apply to intra-state supplies except alcoholic liquor for human consumption.
2. Petrol and its by-products shall be levied with effect from the date notified by the government based on council recommendations.
3. For mixed and composite supplies, the highest tax rate among the goods or services in the combination is applied to calculate tax liability for mixed supplies, while the rate applicable to the principal supply is applied for composite supplies.
The document provides an introduction to the Central Sales Tax (CST) Act of 1956 in India. Some key points:
- CST is levied by the central government but administered and collected by state governments. It is collected in the state from which goods begin inter-state movement.
- The Act divides goods into declared goods and other goods, with declared goods subject to a maximum tax rate of 4% that can only be levied once. Other goods face a tax rate of 10% or the state rate, whichever is higher.
- Registered dealers must file CST returns with the notified authority in their state. The authority assesses tax liability and orders refunds or penalties. Concess
Registered person is liable to penalty under Section 122(2) of the CGST Act for short levy or non-levy of tax or erroneous refund or input tax credit wrongly availed or utilized. Any person for certain offences is liable to penalty under Section 122(3) which may extend to Rs.25,000/-. General or Residual penalty (for which no penalty is separately provided for in this Act,) which may extend to twenty-five thousand rupees under Section 125. No Penalty for minor breaches or omissions or mistakes as per Section 126.
Special provisions of presumptive taxation under income tax act 1961MVSARMA1
The document discusses India's presumptive taxation scheme for small businesses and professionals under sections 44AD, 44ADA, and 44AE of the Income Tax Act of 1961. It provides relief for small taxpayers by allowing them to declare income at prescribed rates without needing to maintain extensive books of accounts or get accounts audited. Eligible assessees include individuals, HUFs, and partnerships with turnover below Rs. 2 crore, excluding brokers, commission agents, and those claiming other tax deductions. The schemes deem 8% of turnover as business income for most sectors and 6% if receipts are through specific bank instruments.
The document is an assignment submission on property, plant, and equipment (PPE) accounting according to IAS 16. It includes an overview of IAS 16, definitions, objectives, scope, recognition criteria, initial and subsequent measurement, depreciation, impairment testing, and disclosure requirements for PPE. The assignment was submitted to a lecturer at Green University of Bangladesh by two students for their Advanced Accounting course.
This document provides an overview of capital gains taxation in India. It defines key terms like capital asset, short-term capital asset, long-term capital asset, and transfer. It explains the computation of short-term and long-term capital gains, and lists various exemptions available. It also discusses the year of chargeability for capital gains and exceptions like compulsory acquisition. Certain transactions like transfer through gifts or partition of HUF are not regarded as transfers that are taxed. The document concludes with providing the cost inflation index values for different financial years.
This document is a petition for writ of certiorari filed on behalf of Angela Dee Isley with the Supreme Court of the United States. It seeks review of a decision by the United States Court of Appeals for the Eleventh Circuit regarding the application of Brady v. Maryland. Specifically, the petition argues that the Eleventh Circuit misapplied Brady in two ways: 1) by finding no Brady violation where suppressed evidence was inadmissible but could have led to admissible evidence, and 2) by finding no violation due to the cost and burden of producing favorable evidence. The petition asks the Supreme Court to resolve conflicts on these Brady issues between the Eleventh Circuit and other federal circuits.
1. The document outlines the demands of the All India IFFCO Officer's Federation with respect to wage revisions effective from January 1, 2017.
2. Key demands include a 20% fitment benefit on basic pay plus allowances, maintaining the current DA neutralization practice, increasing shift allowances, introducing a new non-taxable hazardous allowance, and raising benefits like the housing building loan ceiling and medical reimbursement ceilings.
3. Other demands are increasing the retirement age to 62, allowing IFFCO to contribute 10% of basic pay to the New Pension Scheme, and providing a soft furnishing allowance in alternate years.
This document outlines revisions to pension and retirement benefits for government employees in Tamil Nadu based on recommendations from an Official Committee. Key points:
- Pensions for those who retired before 2016 will be multiplied by 2.57 and increased to a minimum of Rs. 7,850 per month. The ceiling is raised to Rs. 1,12,500.
- Family pensions are also revised similarly. Enhanced family pensions will continue for 7 years or until the deceased would have been 65.
- Pensions will also be increased to 50% of the minimum pay for the employee's level, ensuring no pension is below this floor.
- Procedures are provided for pension disbursing authorities to
The document discusses the requirements for annual returns under the Companies Act 2013. It notes that annual returns are consolidated reports submitted by companies to the Registrar of Companies each year after the AGM. They must include information such as the registered office, business activities, shareholding patterns, indebtedness, directors and other details. Companies meeting certain criteria must get the annual return certified by a practicing company secretary. It also compares the annual return provisions of the Companies Act 2013 to the previous Companies Act 1956.
A presentation on the audit mandate of SAI of India as per various provisions contained in the Comptroller and Auditor General's (Duties, Power and Conditions of Service) Act, 1971 for the users.
Self-assessment, provisional assessment, scrutiny of returns, assessment of non-filers and unregistered persons, and summary assessment are the main types of assessments under the Act. The proper officer may conduct audit of registered persons to verify correctness of returns filed. Special audit can also be ordered if the officer feels value or credit availed requires further verification. Audit report findings can initiate proceedings for recovery of short paid tax or erroneously claimed credits.
The document provides an overview of warehousing under customs in India. Some key points:
- Goods can be deposited in public, private, or special warehouses licensed by customs authorities.
- Goods remain warehoused for up to one year, though extensions are possible. Interest applies if goods remain over 90 days.
- Owners can inspect, sort, manufacture, or deal with warehoused goods with permissions.
- Goods can be cleared for home consumption or export upon payment of duties and permissions.
- Provisions for transfer between warehouses, allowance for volatile goods, and consequences for improper removal are explained.
This document discusses shariah audits of Islamic businesses. It describes that a shariah audit involves an unbiased examination of all aspects of a business according to Islamic law. The benefits of a shariah audit include increased productivity and profits by minimizing expenses and employee turnover. A shariah audit also pleases Allah by avoiding disobedience in business practices. The audit process involves signing an NDA, collecting policy documents, discussing policies with management, providing alternative Islamic solutions, and training employees. Examples of issues found include profit distribution ratios and sales practices. The compensation for a shariah audit is an investment that provides knowledge and is considered a ongoing charity.
This document summarizes the key accounts and records that must be kept under the Goods and Services Tax (GST) in India. It outlines the requirements for tax invoices, credit notes, debit notes, and other documents. It also specifies the accounts and records that must be maintained, including production, inventory, supplies, taxes, and other required documents. All accounts and records must be kept for 5 years or longer if under audit or legal proceedings.
Central Sales Tax (CST) is a tax levied by the Central Government of India on the inter-state sale of goods. It applies only to sales that involve the movement of goods between states and not on intra-state sales. Under the CST Act, any dealer involved in inter-state trade must register and pay tax. The Act provides a framework for determining whether a sale constitutes inter-state trade and for the levy, collection, and distribution of CST.
GST stands for Goods and Services Tax, India.
It is a comprehensive tax levied by the government on the supply of goods and services. It is also an indirect tax, replacing other central and state levied indirect taxes. GST has brought the whole India under one tax regime, saving time and resulting in a low tax burden.
The document discusses Islamic finance principles and analyzes PTPTN's education loan program in Malaysia. It provides background on prohibitions of riba (usury) in Islamic law and how early Islamic finance developed alternatives like profit and loss sharing. It then examines PTPTN's program, originally at 3% interest, which was converted to a 1% "ujrah" fee claimed to be Shariah compliant. However, some scholars like Dr. Asyraf argue it is still interest as the fee is based on loan amount instead of actual costs. In conclusion, while the 1% rate saves borrowers money, there are issues with calling it interest and tying repayments to the loan term and amount.
This document discusses various aspects of CGST/SGST levy and collection under Section 9 of the CGST Act, including:
1. Rates not exceeding 20% apply to intra-state supplies except alcoholic liquor for human consumption.
2. Petrol and its by-products shall be levied with effect from the date notified by the government based on council recommendations.
3. For mixed and composite supplies, the highest tax rate among the goods or services in the combination is applied to calculate tax liability for mixed supplies, while the rate applicable to the principal supply is applied for composite supplies.
The document provides an introduction to the Central Sales Tax (CST) Act of 1956 in India. Some key points:
- CST is levied by the central government but administered and collected by state governments. It is collected in the state from which goods begin inter-state movement.
- The Act divides goods into declared goods and other goods, with declared goods subject to a maximum tax rate of 4% that can only be levied once. Other goods face a tax rate of 10% or the state rate, whichever is higher.
- Registered dealers must file CST returns with the notified authority in their state. The authority assesses tax liability and orders refunds or penalties. Concess
Registered person is liable to penalty under Section 122(2) of the CGST Act for short levy or non-levy of tax or erroneous refund or input tax credit wrongly availed or utilized. Any person for certain offences is liable to penalty under Section 122(3) which may extend to Rs.25,000/-. General or Residual penalty (for which no penalty is separately provided for in this Act,) which may extend to twenty-five thousand rupees under Section 125. No Penalty for minor breaches or omissions or mistakes as per Section 126.
Special provisions of presumptive taxation under income tax act 1961MVSARMA1
The document discusses India's presumptive taxation scheme for small businesses and professionals under sections 44AD, 44ADA, and 44AE of the Income Tax Act of 1961. It provides relief for small taxpayers by allowing them to declare income at prescribed rates without needing to maintain extensive books of accounts or get accounts audited. Eligible assessees include individuals, HUFs, and partnerships with turnover below Rs. 2 crore, excluding brokers, commission agents, and those claiming other tax deductions. The schemes deem 8% of turnover as business income for most sectors and 6% if receipts are through specific bank instruments.
The document is an assignment submission on property, plant, and equipment (PPE) accounting according to IAS 16. It includes an overview of IAS 16, definitions, objectives, scope, recognition criteria, initial and subsequent measurement, depreciation, impairment testing, and disclosure requirements for PPE. The assignment was submitted to a lecturer at Green University of Bangladesh by two students for their Advanced Accounting course.
This document provides an overview of capital gains taxation in India. It defines key terms like capital asset, short-term capital asset, long-term capital asset, and transfer. It explains the computation of short-term and long-term capital gains, and lists various exemptions available. It also discusses the year of chargeability for capital gains and exceptions like compulsory acquisition. Certain transactions like transfer through gifts or partition of HUF are not regarded as transfers that are taxed. The document concludes with providing the cost inflation index values for different financial years.
This document is a petition for writ of certiorari filed on behalf of Angela Dee Isley with the Supreme Court of the United States. It seeks review of a decision by the United States Court of Appeals for the Eleventh Circuit regarding the application of Brady v. Maryland. Specifically, the petition argues that the Eleventh Circuit misapplied Brady in two ways: 1) by finding no Brady violation where suppressed evidence was inadmissible but could have led to admissible evidence, and 2) by finding no violation due to the cost and burden of producing favorable evidence. The petition asks the Supreme Court to resolve conflicts on these Brady issues between the Eleventh Circuit and other federal circuits.
1. The document outlines the demands of the All India IFFCO Officer's Federation with respect to wage revisions effective from January 1, 2017.
2. Key demands include a 20% fitment benefit on basic pay plus allowances, maintaining the current DA neutralization practice, increasing shift allowances, introducing a new non-taxable hazardous allowance, and raising benefits like the housing building loan ceiling and medical reimbursement ceilings.
3. Other demands are increasing the retirement age to 62, allowing IFFCO to contribute 10% of basic pay to the New Pension Scheme, and providing a soft furnishing allowance in alternate years.
This document outlines revisions to pension and retirement benefits for government employees in Tamil Nadu based on recommendations from an Official Committee. Key points:
- Pensions for those who retired before 2016 will be multiplied by 2.57 and increased to a minimum of Rs. 7,850 per month. The ceiling is raised to Rs. 1,12,500.
- Family pensions are also revised similarly. Enhanced family pensions will continue for 7 years or until the deceased would have been 65.
- Pensions will also be increased to 50% of the minimum pay for the employee's level, ensuring no pension is below this floor.
- Procedures are provided for pension disbursing authorities to
This document summarizes the Salary Standardization Law of 2019, which modifies the salary schedule for civilian government personnel and authorizes additional benefits. It standardizes compensation across government agencies to promote excellence and accountability. The law increases salaries in four tranches from 2020 to 2023 and provides bonuses and incentives to reward performance. It applies to all levels of government but excludes military personnel and some government-owned corporations.
1) The document outlines the revised pay structure for fresh recruits and existing employees under the 6th Central Pay Commission. It fixes entry pay levels depending on grade pay and pay bands.
2) It details rules for annual increments of 3% of total pay, and a variable 4% increment for higher achievers.
3) Examples are provided for pay fixation in cases of promotion, direct recruitment, upgraded posts, and on receiving increments. Stepping up of pay is allowed if a senior draws less than a directly recruited junior.
The Dearness Allowance is a cost of living adjustment allowance paid to government employees, public sector employees, and pensioners in India to mitigate the impact of inflation. It is calculated as a percentage of the basic salary or pension that increases along with rises in the consumer price index. The Dearness Allowance was introduced after World War 2 and has been revised over time by various pay commissions to account for inflation and be paid out twice yearly.
1) The document outlines the revised pay structure for fresh recruits and existing employees under the 6th Central Pay Commission. It fixes entry pay levels depending on grade pay and pay bands.
2) It details rules for annual increments of 3% of total pay, and a variable 4% increment for higher achievers.
3) Examples are provided for pay fixation in cases of promotion, direct recruitment, upgraded posts, and on receiving increments. Stepping up of pay for seniors is allowed if a junior draws higher pay.
1) The document outlines the revised pay structure for fresh recruits and existing employees under the 6th Central Pay Commission. It fixes entry pay levels depending on grade pay and pay bands.
2) It details rules for annual increments of 3% of total pay, and a variable 4% increment for higher achievers.
3) Examples are provided for pay fixation in cases of promotion, direct recruitment, upgraded posts, and on receiving increments. Stepping up of pay for seniors is allowed if a junior draws higher pay.
The document provides guidelines on the release of funds for FY 2023 national budget. It discusses the validity period of appropriations, release of obligational and disbursement authority through allotment orders, modification and use of savings. Key points include: Appropriations are valid until December 31, 2023; funds will be released through GAAAO and SARO/GARO; heads of agencies can approve modifications within activities while DBM approves changes between allotment classes or agencies. Savings can be used to augment deficiencies in existing items.
This document provides a summary of recent tax law notifications, circulars, and case rulings across Goods and Services Tax (GST) and customs. It covers topics such as clarifications on interest charges for IGST credits, input tax credit claims, the taxability of EV battery charging and vehicle body building services, and an extension of various GST return filing deadlines. Customs updates include increased duties on LPG and related fuels as well as amendments to notifications implementing the recommendations of GST Council meetings.
This document provides guidance on completing tax forms for employee remuneration for the 2017 year. It defines key terms like gross income and outlines what must be included in calculating an employee's total remuneration, such as wages, bonuses, benefits-in-kind, and the taxable value of employer-provided housing. It also specifies the deadline for submitting the forms to employees and describes how to calculate the value of employer-provided housing using three categories and examples.
How you can get a higher pension from EPFO beyond ceiling limit?Amitava Nag
The document summarizes the provisions around obtaining full pension benefits from the Employees' Pension Scheme 1995. Key points:
1. The scheme originally limited maximum pensionable salary but later allowed option for higher contributions on joint request.
2. Recent court rulings have overturned amendments capping contributions, allowing joint requests to be based on actual salary rather than caps.
3. A joint request form is provided for employees and employers to opt into higher contributions from the scheme's inception in 1995.
This document describes the POWERGRID Employees Defined Contribution Superannuation Benefit (Pension) Scheme and Post Retirement Medical Benefit Scheme. It provides details on:
- Background and applicability of the pension scheme which was restructured from defined benefit to defined contribution in 2004.
- Contribution rates for members at 3% of basic pay plus DA and corporation contribution within 30% of salary after discounts.
- Benefits including annuity purchase at superannuation or death. Resignation benefits depend on joining another CPSE scheme.
- Administration by trustees and individual pension accounts.
- Post Retirement Medical Benefit Scheme eligibility, coverage, and benefits including one-time
This document provides information and guidelines for creating a budget sheet, including determining labor costs, material costs, equipment costs, and other project costs. It discusses calculating hourly and daily labor rates for different worker categories based on factors like basic wages, bonuses, benefits, and taxes. It also addresses estimating costs for materials, tools, machinery rental or operation, and other project elements to construct a full project budget.
This document describes the POWERGRID Employees Defined Contribution Superannuation Benefit (Pension) Scheme and Post Retirement Medical Benefit Scheme. It provides details on:
- Background and applicability of the pension scheme which was restructured from defined benefit to defined contribution in 2004.
- Contribution rates for members at 3% of basic pay plus DA and corporation contribution up to 30% of salary.
- Benefits including annuity purchase at superannuation or resignation after 15 years of service.
- Administration of the schemes by trustees from management and employees.
- Accounts maintained for individual members' contributions and corporation contributions.
- Post retirement medical benefit scheme providing indoor and
#GST Invoice under RCM# By SN Panigrahi
Invoice under Reverse Charge
A registered person who is liable to pay tax under reverse charge has to mandatorily issue an invoice in respect of goods or services both received by him.
As per Sec 31(3) (f) of the CGST Act, 2017 read with Rule 46 of the CGST Rules, 2017, every tax invoice has to mention whether the tax in respect of supply in the invoice is payable on reverse charge.
The recipient of the supply is liable to pay tax based on Self Generated Invoice.
Every person who is paying tax on reverse charge basis has to mention “Tax Being Paid on Reverse Charge” in his tax invoice.
There will be a single copy of such invoice which he shall retain for return filing purpose.
This document summarizes the key aspects of the Employees State Insurance Act of 1948 in India. It outlines that the ESI scheme requires contributions from both employers and employees calculated as a percentage of wages to provide insurance benefits. Currently, the employee contribution is 1.75% of wages and the employer contribution is 4.75%. There are two six-month contribution periods that correspond to two six-month benefit periods when cash benefits can be received. Employers must pay contributions within 21 days of the end of each calendar month.
The document summarizes the Krishi Kalyan Cess (KKC), a new 0.5% cess on taxable services introduced in India on June 1, 2016. Key points include:
- KKC will increase the total service tax rate from 14.5% to 15%.
- The point of taxation rules were amended so that KKC applies if the invoice date or payment date is on/after June 1, even if service was provided before then.
- Under reverse charge, KKC applies based on invoice date per new rules, not payment date as before.
- Providers can claim CENVAT credit of KKC but manufacturers paying KKC as recipients cannot.
-
Discussion regarding the applicability of Krishi Kalyan Cess and various pertinent issues regarding Krishi Kalyan Cess is discussed in the presentation.
A Free 200-Page eBook ~ Brain and Mind Exercise.pptxOH TEIK BIN
(A Free eBook comprising 3 Sets of Presentation of a selection of Puzzles, Brain Teasers and Thinking Problems to exercise both the mind and the Right and Left Brain. To help keep the mind and brain fit and healthy. Good for both the young and old alike.
Answers are given for all the puzzles and problems.)
With Metta,
Bro. Oh Teik Bin 🙏🤓🤔🥰
This presentation was provided by Racquel Jemison, Ph.D., Christina MacLaughlin, Ph.D., and Paulomi Majumder. Ph.D., all of the American Chemical Society, for the second session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session Two: 'Expanding Pathways to Publishing Careers,' was held June 13, 2024.
THE SACRIFICE HOW PRO-PALESTINE PROTESTS STUDENTS ARE SACRIFICING TO CHANGE T...indexPub
The recent surge in pro-Palestine student activism has prompted significant responses from universities, ranging from negotiations and divestment commitments to increased transparency about investments in companies supporting the war on Gaza. This activism has led to the cessation of student encampments but also highlighted the substantial sacrifices made by students, including academic disruptions and personal risks. The primary drivers of these protests are poor university administration, lack of transparency, and inadequate communication between officials and students. This study examines the profound emotional, psychological, and professional impacts on students engaged in pro-Palestine protests, focusing on Generation Z's (Gen-Z) activism dynamics. This paper explores the significant sacrifices made by these students and even the professors supporting the pro-Palestine movement, with a focus on recent global movements. Through an in-depth analysis of printed and electronic media, the study examines the impacts of these sacrifices on the academic and personal lives of those involved. The paper highlights examples from various universities, demonstrating student activism's long-term and short-term effects, including disciplinary actions, social backlash, and career implications. The researchers also explore the broader implications of student sacrifices. The findings reveal that these sacrifices are driven by a profound commitment to justice and human rights, and are influenced by the increasing availability of information, peer interactions, and personal convictions. The study also discusses the broader implications of this activism, comparing it to historical precedents and assessing its potential to influence policy and public opinion. The emotional and psychological toll on student activists is significant, but their sense of purpose and community support mitigates some of these challenges. However, the researchers call for acknowledging the broader Impact of these sacrifices on the future global movement of FreePalestine.
CapTechTalks Webinar Slides June 2024 Donovan Wright.pptxCapitolTechU
Slides from a Capitol Technology University webinar held June 20, 2024. The webinar featured Dr. Donovan Wright, presenting on the Department of Defense Digital Transformation.
How to Download & Install Module From the Odoo App Store in Odoo 17Celine George
Custom modules offer the flexibility to extend Odoo's capabilities, address unique requirements, and optimize workflows to align seamlessly with your organization's processes. By leveraging custom modules, businesses can unlock greater efficiency, productivity, and innovation, empowering them to stay competitive in today's dynamic market landscape. In this tutorial, we'll guide you step by step on how to easily download and install modules from the Odoo App Store.
Andreas Schleicher presents PISA 2022 Volume III - Creative Thinking - 18 Jun...EduSkills OECD
Andreas Schleicher, Director of Education and Skills at the OECD presents at the launch of PISA 2022 Volume III - Creative Minds, Creative Schools on 18 June 2024.
Leveraging Generative AI to Drive Nonprofit InnovationTechSoup
In this webinar, participants learned how to utilize Generative AI to streamline operations and elevate member engagement. Amazon Web Service experts provided a customer specific use cases and dived into low/no-code tools that are quick and easy to deploy through Amazon Web Service (AWS.)
How to Manage Reception Report in Odoo 17Celine George
A business may deal with both sales and purchases occasionally. They buy things from vendors and then sell them to their customers. Such dealings can be confusing at times. Because multiple clients may inquire about the same product at the same time, after purchasing those products, customers must be assigned to them. Odoo has a tool called Reception Report that can be used to complete this assignment. By enabling this, a reception report comes automatically after confirming a receipt, from which we can assign products to orders.
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.pptHenry Hollis
The History of NZ 1870-1900.
Making of a Nation.
From the NZ Wars to Liberals,
Richard Seddon, George Grey,
Social Laboratory, New Zealand,
Confiscations, Kotahitanga, Kingitanga, Parliament, Suffrage, Repudiation, Economic Change, Agriculture, Gold Mining, Timber, Flax, Sheep, Dairying,
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
1. JOINT BIPARTITE COMMITTEE FOR THE COAL INDUSTRY
COAL INDIA LIMITED
10, NETAJI SUBHAS ROAD,
KOLKATA - 7q0 001
No.C|UC-58/JBCCI-V||l/l.l.No.O1tz}Ogt/30 Dated:31stMarch,2009
NATIONAL COAL WAGE AGREEMENT - VIII
IMPLEMENTATION INSTRUCTION NO,O1
The Chairman-cum-Managing Director, ECL, Sanctoria.
TheChairman-cum-ManagingDirector, BCCL, Dhanbad'
The Chairman-cum-Managing Director, CCL, Ranchi.
TheChairman-cum-ManagingDirector,WCL, Nagpur.
TheChairman-cum-ManagingDirector, SECL, Bilaspur.
. The Chairman-cum-Managing Director, NCL, Singrauli.
The Chainnan-cum-Managing Director, MCL, Sambalpur.
TheChairman-cum-ManagingDirector, CMPDIL' Ranchi.
Sub: Scope, coverage, revised basic wages, Dearness
allowance etc. of Daily rated/Monthly rated workers under
National Coal Wage Agreement-Vlll
.1.0 The National coal wage Agreement-Vlll finalized by the Joint Bipartite
Committee for the Coal Industry on 24tn January, 2009 which has come
into force w.e.f. 1"tJuly,2006 provides as under :- (Chapter-l & ll )
2.0 SCOPE AND COVERAGE (ChaPterJ)
2.1 This Agreement shall be called the NATIONAL COAL WAGE
AGREEMENT-V||| and will be effective from 1'7'2006 to
30.06.201 1 (Clause 1.1)
2.2 This Agreement shall cover all categories of employees in the Coal
Industry who have been covered by National Coal . Wage
Agreement-l to Vll and also employees of those establishments
which are functioning and may be functioning under the Coal
ComPanies (Clause 1.2)
2.3 The scope of agreement covers the wage structure including
Dearness allowance, fixation in the revised pay, fringe benefits,
service conditions, welfare, Social Security/Pension, Safety and
other matters as contained in different Chapters of this Agreement'
2. -2-
3.0 COMPONENT OF WAGE (GhapterJl)
3.'t The wage of employees in Coal Mining lndustry shall consist of:-
a) Basic Wage
b) Special Dearness Allowance (SDA) at the rate ot 17.95o/o o'f
Attendance Bonus or 1.795o/o of basic wage representing computed
fringe benefits of attendance bonus, such as contribution to
provident fund, payment in lieu of profit sharing bonus, gratuity etc.
c) Variable Dearness Allowance linked to the All India Consumer
Price Index Number for Industrial workers (Base 1960 = 100) (here
after called Index Number) adjustable quarterly depending on
variation in consumer price index number above 2716.
3.2 MINIMUM WAGE (Clause 2.2.0)
3.2.1 The revised minimum wage for the lowest paid employee on surface in the
Coal Mining Industry covered by this Agreement shall be Rs.9,346.06 per
month or Rs.359.46 per day at the All India Average Consumer Price
lndex Number for Indushial workers (Base 1960 = 100) at 2716. This
amount includes the minimum guaranteed benefit of Rs.1 808.79 per
month or Rs.69.57 per day inclusive of Interim Relief.
3.2.2 The break up of the minimum wage of Rs.9,346.06 per month or
Rs.359.46 per day as on 1st Ju[,2006 linked to AICPI No.2716 will be as
indicated below :-
Note: 1. Conversion from monthly to daily rated rounded off to two decimal points.
2. *Refer
Clause 3.7.0 of these instructions.
Per dav (Rs.) Per Month (Rs.)
Pre-revised Revised Pre-revised Revised
a. Basic Wage/Pay 213.46 32',1.54 5550.00 8360.00
b. Attendance Bonus @
10% of basic waqe
21.34 32.15 555.00 836.00
c. Special DA 3.83 5.77 99.62 150.06
d. Variable DA 51.23 Nil 1332.00 Nil
Total 289.86 7536.62
Minimum Guaranteed Benefit
inclusive of lnterim Relief
69.57 1808.79
Total 359.43 359.46 9345.41 9346.06*
0f./
3. -3-
3.2.3 The Variable Dearness Allowance will vary according to the shift of the
Consumer Price Index Number over 2716 as detailed under Clause 2.6.0
3.3.0 Basic Wage Structure (Clause 2.3.0)
3.3.1 The revised Basic wage structure for different categories, skills and
grades, covering daily rated and monthly rated employees as worked out
on the basis of this Agreement are detailed under Annexure-llA.
3.3.2 The revised Basic wage structure for different categories, skills and
grades, covering daily rated and monthly rated employees for Assam
(North East) Coalfields including Excavation are incorporated in
Annexure-llB.
3.3.3 Wages of Piece-Rated Workers:
The rates of basic wages of different group of Piece-rated workers
together with the rates of fall back wages etc., are incorporated in
Chapter-lll
3.4.0 Attendance Bonus (Clause 2.4'0)
3.4.1 The attendance bonus will continue to be paid quarterly at the rate
ol 10o/o of Basic Wage.
3.4.2 As computed, fringe benefits on Attendance Bonus are being paid as
Special Dearness Allowance (SDA) along with wages, the quarterly
bonus shall not attract any other fringe benefits.
3.5.0 Special Dearness Allowance.
sDecial Dearness Allowance shall attract fringe benefits such as Provident Fund,
payment in lieu of Performance Linked Reward Scheme and gratuity etc'' the
bomputed fringe benefits which have been worked out at the rate of 'l7 .95o/o of
Attendance Bonus or 1.795% of the basic wage of the employee, will continue to
be paid and the same will be called special Dearness Allowance. This amount at
the lowest minimum basic wage of Rs.8360f as computed would be Rs'150 06
The computed fringe benefits on Attendance Bonus called special Dearness
Allowance will also attract all fringe benefits applicable to Dearness Allowance.
(Clause 2.5.0)
4. -4-
3,6.0 Variable Dearness Allowance (VDAXClause 2.6.0)
It is agreed to pay 100o/o DA Neutralization for all the employees irrespective of
their basic pay. The rate of VDA payable w.e.f. 1.7.2006 is tabulated under
Annexure-VDA. The Variable Dearness Allowance at AICPI 2716 (Base 1960 =
100) shall be'NlL' as on 1.7.2006. The VDA will be revised quarterly and paid on
and from 'l"t March, 1"rJune, lstSeptember and 1s' December of every year on
the basis of average of AICPI Number for the quarter ending December (Oct.-
Dec.), March(Jan-March), June(April-June) & Septembe(July-Sept.)
respectively.
3.7.0 Minimum Guaranteed Benefit.(Clause 2.7.0)
All employees covered by the agreement who were on the rolls of different
units/establishments of Coal Companies as on 30u June, 2006 and continued to
be on the rolls on 1.7.2006 will be given a minimum guaranteed benelit @ 24o/o
of emoluments (Basic + DA + SDA + Attendance Bonus) as on 30.6.2006.
lnterim Relief being paid shall be adjusted.
3.8.0 Fixation of Time Rated & Monthly Rated employees.(Clause 2.8.0)
3.8.1 The existing total emoluments of an employee, as on 30.6.2006 comprising of
Basic wage, VDA, Speciat DA., Attendance Bonus and MGB @ 24o/o ot
emoluments, will be added together and amount so arrived at will be divided into
Basic Wage, Attendance Bonus ( @ 10Vo of basic pay ) and Special DA ( @
17.95% of Attendance Bonus ).
3.8.2 A few illustrations of fixation of employees in the revised scale of pay are given in
"AnnexurellG".
3.9.0 Date of Annual Increments. (Clause 2.9.0)
3.9.'l The anniversary date of increment of employees in the revised grade will remain
the same as has been agreed to under NCWA-ll, lll, lV, V' Vl & Vll viz. 1"'of
March and 1"' of September each year.
3.9.2 The employees who have joined Coal Companies on or after 1.7 .2006 andlor
who have got different dates of increment, their increments will fall due on the
anniversary date of their last increment.
3.9.3 The amount already drawn in the existing scales under NCWA-V|| including
interim relief/increment etc. drawn from 1s'July, 2006 would be adjusted from the
amount that have become due in terms of the revised wages.
5. -c-
3.10.0 Rate of incremont
Rate of increment shall be fixed @ 3% of basic wage of each category/grade on
progressive basis.
3.1 1.0 Upgradation of Daily Rated and Monthly Rated Employees who have
remained in the same Category/Grade for more than 7r8 years.
3.1 I .1 Daily rated and Monthly rated employees who have remained in the same
category/grade for a period of 718 years (Underground/Surface workers
respectively) would be upgraded in the next higher category/grade. Such up-
gradation will be undertaken once in a year on 1" January and so on. Monthly
rated employees in T&S Gr.A-1 and Daily Rated employees in Excavation
Special Category who have stagnated for more than 718 years will be admitted
one incremental amount in lieu of up-gradation.
NOTE: Since there is no scale of pay and its stages, the stage benefit of higher scale will
be "Zero" in case of upgradation. However, this issue will be reviewed by a sub-
committee constituted under clause No.13.5.1 of NCWA-VIll.
4.0 Procedure to be followed for fixation of revised Basic Pay :'
For the fixation of revised Basic Pay of existing employees as on 1.7.2006 from
NCWA-V|| to NCWA-Vlll the details of each employee have to be tabulated in the
format enclosed. The basic pay as on 1.7 .2006 under NCWA-VIll may be written
in the proper column. For deriving new basic as on 1.7.2006, the revised basic
chart is enclosed. The following may further be carefully noted.
(a) The fixation in the revised Basic pay is with reference to the wages of
each employee as on 30.06.2006 and not the wages of concerned
employee as on 01.07.2006.
(b) The fixation in respect of such employees who continued to be on the
rolls of the company as on 01.07.2006.
(c) The above Revised Basic fixation statement will be prepared for each pay
unit and will be attested after verification of the concerned Personnel
OfficerMelfare Officer or In-charge of the pay unit and also certified by
nominated Finance Officer/Area Accounts Officer. The statement in the
format should be prepared in triplicate - one copy will be retained in the
pay unit concerned, the second copy will foMarded to the Area(Hqrs )
and the third copy will be sent to Personnel Deptt. of the Company(HQ)
for safe custody & future reference. This formaUstatement will be filled by
pay univcolliery, Grade-wise and category wise for ready reference and
ioi checking by internal audit team of the Company as and when
necessary.
(d) A few illustrations of fixation of employees in the revised Basic Pay with
Minimum Guaranteed Benefit are given in Annexure-llc.
,h, 6
6. 5.0
6.0
-6-
(e) Fixation of pay of employees appointed on or after 01.07.2006.
The instruction contained in the preceeding paragraph specially with
regard to fixation does not apply to the employees appointed on or after
01.07.2006. They will be fixed at the appropriate Basic Pay in the
concerned revised Basic Pay / Wage structure as per Annexure-llA/llB of
the agreement.
(f) While fixation will be done after 1.7.2006, the stage benelit will be'Zero'
in case of upgradation.
(S) For fixation in case of promotion on or after 1.7 .2006, 3olo of existing basic
shall be allowed as oromotional benefit. lf the basic so arrived at is less
than the initial basic of promoted category, then the fixation shall be at
initial basic of promoted category. However, this issue will be reviewed by
a sub-committee constituted under clause No.13.5.1 of NCWA-VIll.
Further instructions regarding wage rates, work norms etc. for the piece-rated
workers are being issued separately.
It is requested to initiate action for collecting information/data in respect of all
employees in daily rated and monthly rated category/grade as per the Format-l
and to fix the revised Basic Pay for different categories/grades of the employees
at the earliest.
These orders will be effective from 1st July, 2006.
You are requested to take necessary action to implement the above decision.
0 HN---.-
(nf)Monlxols )
DIRECTOR(P&IR) &
MEMBER Sf,CRETARY" JBCCI - VII
9!s!dE!"gn:-
1. All members & Alternate members of JBCCI-VIll.
2. Chairman-MD, SCCL, P.O.-Kothagudem Collys., Distts. Khamam (AP).
3. Director(Personnel),ECUBCCL/CCL/WCUSECL/NCUMCL
4. Directo(F), ECUBCCUCCL/VVCUSECUNCL/MCL
5. Director (RD&T), CMPDIL, Ranchi.
6. Director (P/A&W), SCCL, P.O.-Kothagudem Collys., Distts. Khamam (AP).
7. Directo(F),SCCL, P.O.-Kothagudem Collys., Distts. Khamam (AP).
8. Director (Finance)/Director(Technical)/Directo(Marketing), ClL, Kolkata.
9. Chief Vigilance Officer, ClL, Kolkata.
'10. Chief General Manager, NEC/DCC.
11. Chief General Manager (F), ClL, Kolkata.
12. Chief General Manager (MP&|R), ClL, Kolkata
13. General Manager (P), ClL, Kolkata.
14. Executive Director, llCM, Kanke Road, Ranchi.
15. Chief General Manager, ClL, New Delhi.
16. CGM/TS to Chairman, ClL, Kolkata.
'17. All Regional Sales Managers, ClL.
18. Dy. Chief Personnel Manager (lR), ClL, Kolkata
19. Sr. PO(AW)/FM(Estt./Bill), ClL, Kolkata.
(W
9. lllustration of Fixation
Example - One
As on
30.06.2006
213.46
21 .34
3.83
51.23
289.86
69.57
359.43
Example - Two
As on
30.06.2006
294.11
29.41
c.zd
70.59
399.39
95.85
495.24
Example - Three
As on
30.06.2006
10091.00
1009.10
181.13
2421.U
13703.07
3288.74
16991.81
Annuxure - llC
Cat - | As on
01.07.2006
NCWA -Vll Cat - |
(Rs.213.46 - 5.34 -309.58)
Daily
Basic Wage
Attance Bonus
Special D.A
Variable D.A
TOTAL
Fittment Benefit including l.R
TOTAL
NCWA -Vll Excavation Spl
(R.294.11 €.82 452.84)
Monthly
Basic Wage
Attiance Bonus
Special D.A
Variable D.A
TOTAL
Fittment Benefit including l.R
TOTAL
NCWA -VII T&SA1
(Rs.'10091 - 303 -13727)
Daily
Basic Wage
Attance Bonus
Special D.A
Variable D.A
TOTAL
Fittment Benefit including LR
TOTAL
NCWA.VIII
(Rs.321.54)
Basic Wage
Attance Bonus
Special D.A
Variable D.A
TOTAL
NCWA - Vlll Excavation Spl
(Rs.442.99)
Basic Wage
Attance Bonus
Special D.A
Variable D.A
TOTAL
NCWA-VIII T&S41
(Rs.15199.08)
Basic Wage
Aftance Bonus
Special D.A
Variable D.A
TOTAL
321.54
32.15
5.77
359.46
As on
01.07.2006
442.99
44.30
7.95
0
495.24
As on
01.07.2006
15199.08
1519.91
272.82
0
16991.81
10. Annexure- V D A
(vide Clause 2.6.0)
PERIOD
To
AICPI
INDEX
Rates of VDA
(% of basic)
From (1960=100) (Base =2716)
01.07.2006
01.09.2006
01.12.2006
01.03.2007
01.06.2007
01.09.2007
01.12.2007
01.03.2008
01.06.2008
01.09.2008
01.12.2008
01.03.2009
31.08.2006
30.11.2006
28.12.2006
31.05.2007
31.08.2007
30.11.2007
29.02.2008
31.05.2008
31.08.2008
30.11.2008
28.02.2009
31.05.2009
2716
2769
2838
2899
2907
2944
3028
3058
3089
3172
3302
3370
0.0
1.9
4.5
6.7
7.0
8.4
11.5
12.6
13.7
16.8
21.6
24.1
0*
11. MASTER FORMAT.I
BASIC PAY FIXATION FROM NCWA.VIITO NCWA-VIII
CLASS : DAILY RATED / MONTHLY RATED / EXCAVATION
PAY UNIT r.....,.......................
1. NAME
DESIGNATION
J. IDENTIFY/PHOTO CARD NO.
4. CMPF/PF NO.
FORM "8" SL. NO.
o. DT. OF APPOINTMENT
DT. OF ENTRY IN PRESENT CAT/GR.
8. WHETHER EMPLOYED IN SUERFACE
OR U/G
o CATEGORY/GRADE/GROUP
10. SCALE OF PAY UNDER NCWA.VII AS ON
30.6.2006
11. PAY AS ON 30.6.2006 UNDER NCWA.VII BASIC
VDA
SDA
ATTENDANCE
BONUS
IOTAL:
MGB Q4o/o OF TOTAL
EMOLUMENTS)
TOTAL:
12.
-PERSONAL
PAY, IF ANY, AS ON
30.6.2006 UNDER NCWA.VII
13. LASi DATE OF INCREMENT UNDER
NCWA-VII
14.
-nevtseo
aRstc PAY FIxED oN 1.7.2006
UNDER NCWA.VIII
BASIC
VDA NIL
SDA
ATTENDANCE
BONUS
TOTAL:
15.
-REvtseo
onie oF NoRMAL
INCREMENT UNDER NCWA-VIII
signature of the person signature ol Perso,nnel signature of Financel
pr6paring the statement Officer, Welfare Officer or Accounts Officer.
Officer-in-charge.
45. JOINT BIPARTITE COMMITTEE FOR THE COAL INDUSTRY
COAL INDIA LIMITED
lO,NETAJISUBHAS ROAD'
KOLKATA.TOO OO1
No.Cf UC-5B/JBCCI-Vlll/1. l.No .2.t2oost lJ I Dated: 3iMarch, 2oog
The Chairman-cum-Managing Director'
The Chairman-cum-Managing Director,
The Chairman-cum-Managing Director'
The Chairman-cum-Managing Director'
The Chairman-cum-Managing Director,
The Chairman-cum-Managing Director,
The Chairman-cum-Managing Director'
The Chairman-cum-Managing Director'
ECL
BCCL
ccL
WCL
SECL
NCL
MCL
CMPDIL
National Coal Wage Agreement-Vlll finalized by the Joint Bipartite C91a!tee
forthe Coal Industry on z+]ot.z0og which has come into force w'e'f'' 01 07'2006
;;;i;"r-ih" i;16*ilg in respea of Piece-rated workers under chapter-lll'
3.0 WORK NORMS AND JOB DESCRIPTION
3.l.0Thegroupingofpieceratedworkers,thework.normsandjobdescriptionfor
them shall Oe as laiO-iown unJer the NaJ!9n31 Coal Wage Agreement-l .and
itpi"t"nt"tion fn.t*aion No'69 dated 8th October' 1986 (vide Booklet on
llJmenctature, Job Jeicription and Categorization of Coal employees) as
amended from time to time'
3.2.0 The rates of wages and workload for different groups of Piece-rated workers
are given in AnnexurelllA' B & D'
3.3,0 Workload and Rate of Group wages for Piece-Rated Miners and Loaders
--'- i" f,l"Jftya Pradesh and Maharashtra Coalfields'
3.3.1 The existing workload for miners and.loaders of Madhya Pradesh and
-'-'' Maharashtri Coalfields would remain unaltered'
ai),
Sanctoria
Dhanbad
Ranchi
Nagpur
Bilaspur
Singrauli
Sambalpur
Ranchi
NATIONAL COAL WAGE AGREEMENT-VII
46. "2'.
3.3.2 The following shall be the revised rates of wages for workload of 100 cft., and
118 cft., respectively in Madhya Pradesh and Maharashtra Coalfields.
Existing rate
Revised rate w.e.f. 1.7.2006
For workload For workload
of 100 cft. of 118 cft.
Rs.290.33 Rs.342.57
Rs.437.29 Rs.S15.99
3.3.3 The Fall Back wages in respect of Piece-rated miners and loaders in Madhya
Pradesh and Maharashtra coalfields would be 100% ol the revised rates
mentioned above.
3.4.0 Wages for work above the workload for piece-rated workers'
3.4.1 For workload in eXcess of the prescribed workload, a Piece-rated worker shall
be paid pro-rata increase in the basic piece-rate as well as special Dearness
Allowance and Variable D.A'
3.5.0 Fall Back Wages
3.5.1 Basic fall back wages in respect of different Piece-rated groups siall be as
indicated in Annexurelll A a B. In addition, they will get sDA, VDA, SPRA
etc. as applicable to them on full work norms'
3.5.2 There will be daily review of earnings of Piece-rated workers to ensure
- - -
;;h;i ot iarr uaci< wages which.wil be inctusive of tead and tift, but not tub
brining allowance. The-Fall Back wage is payable in case the.p.iece-rated
iort<eri fail to fulfill the work norms on account of factors for which they are
noi responsiUfe, for example, insufficient supply or non supply of tubs or
breakdownofhau|agesorpowershutdown.Nofal|backwagesis,however'
payable if a worker flils to fulfill the work norms due to his fault'
3.5.3ThecasewhereFa||BackWagesarepaidcontinuous|y,thecasewi||be
monitored periodically to ensure effective control'
3.6.0 Mechanised Face credMultiskilled iob
ln order to introduce the concept of Mechanised Face crew/Multiskilled jobs'
iii"-ilir,ni""r sub commiftee be constituted by JBCCI which shall
6t
47. :3:
examine and submit their recommendations within six months for
implementation.
3.7.0 Piece-Rated Trammers
3.7.1 In case of revision of unit rate of trammers effective from '1"t July, 2006 the
workload and the rate per tub for them shouid be fixed at Unit level by bi-
partite negotiation in such a way that the normal earnings is not less than
corresponding pay of Cat-lll i.e. Rs.414.98 (basic per day). The workload and
rate of payment would be reviewed periodically when changes in condition of
work occur.
3.7.2 The piece-rated trammers will be given an increase in their consolidated
emoluments consisting of basic wage, attendance bonus, variable dearness
allowance and special DA so as to give them a minimum benefit of 24o/o of
total emoluments as on 30.06.2006 on the average total emoluments
inclusive of basic, attendance bonus, VDA and SDA. In evolving the piece-
rate, the average number of tubs trammed during the six months period from
1.t january 2006 to 30th June, 2006 will be taken into consideration. lR being
paid shall be adjusted.
3.7.3 a) Where the work performance of trammers for a period of six months with
effect from 1"t January, 2006 is more or less the same as compared to the
working norm/standard fixed before the NCWA-Vlll comes into force i.e.
prior to- 1 .2.2006, the revision of tramming rates will be made according to
the above clauses.
b) Where the work performance is below the norms, the norms will be so
revised so as to give them the benefit as stipulated above'
c) where there are wide variations in the work performance. on.the higher
side against the work norms as referred to above, the work load should be
so adjitsted as to ensure that increase in total earnings does not exceed
24o/o of the total emoluments ( Basic + DA + SDA + Attendance Bonus)
as on 30th June, 2006. However, this will be subject to the workload and
pay stiPulated at Pa.a 3.7.1.
48. '.4'.
3.8.0 Other Piece-rated workerc'
In respect of other Piece-rated workers for whom no specific workload .and
group wage has been fixed, it is agreed that their wage rates will be revised
6y giving-them the same percentage increase in the group wages of the
r6biant-group. Where there is no such group wage the same percenlage of
increase ls in the case of miners/loaders (Group -VA) will be given subject to
a minimum increase of Rs.1 31 .06 per day in basic wage'
3.8.1 Slurry/pond Piece-rated workers.
Joint committee at the company level will decide the work load and wages in
respect of slurry/pond pieie iated workers within a period of 3 months
positivelY.
3.9.0 Lead & Lift and Tub Pushing Rates
3.9.1 Lead, lift and tub pushing rates for miners and loaders shall be revised as
indicated in Annexure- lll C(i)
3.9.2 Lead & lift for overburden removal workers shall be revised as indicated in
Annexure.lll G(ii)
3.9.3Lead&liftratesforPieceratedworkersotherthanminersand|oaders-'-'- i""iroirg wagon loaders will be as indicated in Annexure.lll c (iii).
3.10.0 Lead & Lift Payments to be Basic Wages
Lead & lift payment will be treated as basic wages for all purpose'
3.ll.0MinimumGuaranteedBenefit,Specia|Piece-rateA||owance/Fitmentof
iiece-Rated Workers in the Revised Group Wages'
3'll.lTheminimumguaranteedbenefitof@24Yooftota|emoluments(Basic+
yg4 + SDA + Attendance Bonus ) as on 30'06'2006 will be taken into
account while arriving at the revised group basic wages'
3.'l 1.2 Special Piece-Rate Allowance
Piece-rated workers who were on the rolls on 30th June' 2006 and continued
i#;;;'i:i'jrrv,-zooo, ine foilowing amount, as indicated asainst each
Itoup, *iff U" paid is SPRA annually in addition to their
Ar, ry'