Ration Money Allowance by Direct Benefit Transfer (DBT) Through Individual Bank Accounts

Ration Money Allowance by Direct Benefit Transfer (DBT) Through Individual Bank Accounts

“Ration Money Allowance will be admitted by PCDA(O) by Direct Benefit Transfer (DBT) through individual bank accounts”

RATION MONEY ALLOWANCE

As per the provisions of Govt. of India, Ministry of Defence letter No. 03(01)/2016/D(QS) dt. 31st July 2017, provision of free ration for officers of Defence Forces was discontinued in peace areas. Ration Money Allowance will be admitted by PCDA(O) by Direct Benefit Transfer (DBT) through individual bank accounts. Amount of Ration Money will be remitted alongwith the salary and reflected in Pay Slip as ‘Ration Money Allowance”

Also Check: Ration Money Allowance during leave other than LAP

SOP FOR CLAIMING RATION MONEY/ RATION ALLOWANCE :

(1) Ration Money will be admitted based on the Part-II order published by the units.

(2) Ration money will be admitted as per the monthly rate of Ration Money Allowance by Govt. from time to time.

(3) The casualty will be published in the Part- II notifying casualty POSIN (Posting in) and admissible from the date of TOS (Taken on strength of new unit)

(4) Ration money will continue to be admitted till receipt of Part-II order for ‘POSOUT’/’STPRMONY’

(5) Officer on Ty. Duty is not entitled to Ration Money, however, ration money paid during ty. duty period will be adjusted by ‘T’ wing while processing the claim for temporary duty.

(6) Copy of initial Part-II order for grant of Ration Money w.e.f. 01.07.2017 should be supported with a certificate for ‘Non-drawal of Ration Money in cash or kind beyond 01.07.2017 till the date of publication of Part-II order for GTDRMONY” for grant of Ration Money by this office.

Amendment to revised Documentation Procedure for publication of Part-II Orders (Officers) for claiming Ration Money/Ration Allowance is as follows :

1. Ration Money Allowance (in peace) A new code is to be generated for Ration Money Allowance to officers posted in peace area and the same is to be published on POSIN/POSOUT, as the case may be.

Sr. No. Occurrence Code

3.107(a) GTDRMONY

3.107(b) STPRMONY

A certificate to the effect is also be enclosed with the DO Part II orders: a. Certified that the conditions laid down in GoI, MoD letter No. 03(01)/2016/D(QS) dated 31/07/2017 have been fulfilled.

ii. The officer is posted to peace station i.e………………. (name of the station)

iii. No free messing/ration in kind was provided for the period.

iv. The officer has not claimed, paid Daily Messing Allowance for the period for which Ration Money Allowance is claimed.

Authority: https://pcdaopune.gov.in/downloads/rmallowance.pdf

 Source: https://7thpaycommissionnews.in

Read More »

No Limit for Cash Withdrawal from ATMs from 1st February – RBI Circular

No Limit for Cash Withdrawal from ATMs from 1st February – RBI Circular

Limits on Cash withdrawals from Bank Accounts and ATMs – Restoration of status quo ante

RESERVE BANK OF INDIA

www.rbi.org.in

RBI/2016-17/217

DCM (Plg) No. 2905/10.27.00/2016-17

January 30, 2017

The Chairman / Managing Director / Chief Executive Officer,

Public Sector Banks / Private Sector Banks / Foreign Banks,

Regional Rural Banks / Urban Co-operative Banks,

State Co-operative Banks / District Central Co-operative Banks

Dear Sir/Madam,

Limits on Cash withdrawals from Bank accounts and ATMs – Restoration of status quo ante

Please refer to our circular DCM (Plg) No.1226/10.27.00/2016-17 dated November 08, 2016 placing limits on Cash withdrawals from bank accounts and ATMs in the wake of withdrawal of Legal Tender Character of Specified Bank Notes (SBN) and subsequent circulars DCM (Plg) Nos.1256, 1274, 1317, 1437, 2142 and 2559 dated November 11, 14, 21, 28, December 30, 2016 and January 16, 2017 respectively, providing for relief and relaxations therefrom.

2. On a review of the pace of remonitisation, it has been decided to partially restore status quo ante as under:

Limits placed vide the circulars cited above on cash withdrawals from Current accounts/ Cash credit accounts/ Overdraft accounts stand withdrawn with immediate effect.

The limits on Savings Bank accounts will continue for the present and are under consideration for withdrawal in the near future.

Limits vide the circulars cited above placed on cash withdrawals from ATMs stand withdrawn from February 01, 2017. However, banks may, at their discretion, have their own operating limits as was the case before November 8, 2016, subject to 2 (ii) above.

3. Further, banks are urged to encourage their constituents to sustain the movement towards digitisation of payments and switching over of payments from cash mode to non-cash mode.

4. Please acknowledge receipt.

Yours faithfully,

(P Vijaya Kumar)

Chief General Manager

Source: www.rbi.org.in

Read More »

Old-age pension to go into bank accounts only

In an effort to streamline the old-age pension disbursal system, Delhi Government today decided to completely do away with paying the monthly emolument through post offices and instead it will be given through banks only.

Out of over three lakh old-age pensioners, 80,677 people have been drawing the amount of Rs 1,000 every month through post offices and they now have to open bank accounts within six months.

At a meeting of the Delhi Cabinet presided by Chief Minister Sheila Dikshit it was decided to pay the old-age pension through bank accounts only, said Social Welfare Minister Mangat Ram Singhal.

The city government pays the old-age pension to poor people aged 60 years or above.

"We have decided to pay only through banks as it will help in smooth transfer of pension money. More than 2,13,000 beneficiaries have already been receiving their pension through banks," said an official.

Source;PTI

Read More »