Railway Budget-2016/17 Highlights


prabhu

Highlights of the Railway Budget 2016-17

Dear All, I have just highlights the points of railway budget which is for passenger of all class and skip all other points.

Customer Interface
 Interaction and feedback through social media & dedicated IVRS system.

 Making travel comfortable by generating over 65,000 additional berths, installing
2,500 water vending machines; introducing ‘Mahamana Express’ with modern
refurbished coaches; 17,000 bio-toilets in trains; world’s first Bio-Vacuum toilet
developed.

 Improving punctuality – operations audit for Ghaziabad to Mughalsarai section.

 Ticketing: Introduced 1,780 Automatic Ticket Vending Machines, mobile apps &
GoIndia smartcard for cashless purchase of UTS and PRS tickets, enhanced capacity
of e-ticketing system from 2,000 tickets per minute to 7,200 tickets per minute and to
support 1,20,000 concurrent users as against only 40,000 earlier.

 Social initiatives: One-time registration for availing concessions while booking
tickets online, online booking of wheelchairs & Braille enabled new coaches
introduced for the Divyang, increased quota of lower berths for senior citizens and
women, middle bays reserved in coaches for women.

 Wi-Fi provided in 100 stations, to be provided in 400 more.
 Stations being redeveloped – financial bid received for Habibganj, Bhopal; Cabinet
approval for stations to be taken up under PPP.
 Security through helplines & CCTVs.
 Safety – 350 manned level crossings closed, eliminated 1,000 unmanned level
crossings, 820 ROB/RUB completed in the current year and work going on in 1,350
of them.

Other major achievements
 Energy: annualized savings of Rs. 3,000 crore to be achieved in the next financial
year itself, a year earlier than announced; achieved by procuring power directly at
competitive rates using IR’s status as Deemed Distribution Licensee.
 Rail University – initially identified the National Academy of Indian Railways at
Vadodara.

 Digital India: application of Track Management System (TMS) launched, inventory
management module of TMS has resulted in inventory reduction by 27,000 MT
resulting in saving of Rs.64 crore and scrap identification of 22,000 MT equivalent to
Rs.53 crore.
The Way Ahead
Improving quality of travel
For the unreserved passenger –
 Antyodaya Express unreserved, superfast service.
 Deen Dayalu coaches – unreserved coaches with potable water and higher number of
mobile charging points.
For the reserved passenger –
 Humsafar – fully air-conditioned third AC service with an optional service for meals
 Tejas – will showcase the future of train travel in India. Will operate at speeds of 130
kmph and above.Will offer onboard services such as entertainment, local cuisine, Wi-
Fi, etc. through one service provider for ensuring accountability and improved
customer satisfaction
 Humsafar and Tejas to ensure cost recovery through tariff and non-tariff measures
 UDAY – overnight double-decker, Utkrisht Double-Decker Air-conditioned Yatri
Express on the busiest routes, has the potential to increase carrying capacity by almost
40%.
Ticketing: Sale of tickets through hand held terminals; e- ticketing facility to foreign
debit/credit cards; bar coded tickets, scanners and access control on a pilot basis. Expansion
of Vikalp – train on demand to provide choice of accommodation in specific trains to waitPage
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listed passengers. E-booking of tickets facility on the concessional passes available to
journalists; facility of cancellation through the 139 helpline post verification using ‘One
Time Password’ sent on registered phone number, to improve tatkaal services CCTV
cameras on windows and periodic audit of PRS website.
Cleanliness -‘Clean my Coach’ service through SMS, ranking of A1 and A stations based on
periodic third party audit and passenger feedback; waste segregation and recycling centres;
‘Awareness campaigns’; additional 30,000 bio-toilets; providing portable structures with biotoilets
at all platforms of select stations for senior citizens, Divyang and women travellers,
plan to explore innovative means of providing and maintaining toilets such as advertisement
rights, CSR, voluntary support from social organizations.
Catering and stalls at stations -IRCTC to manage catering services in a phased manner;
explore possibility of making catering services optional, adding 10 more IRCTC operated
base kitchens; to build local ownership and empowerment, weightage will be given to district
domicile holders for commercial licenses at stations.
Stoppages: convert all operational halts into commercial halts for the benefit of the common
man.
Rail Mitra Sewa: expanding Sarathi Seva in Konkan Railway to help the old and disabled
passengers, strengthening the existing services for enabling passengers to book battery
operated cars, porter services, etc. on a paid basis in addition to the existing pick up and drop,
and wheel chair services.
Measures for Divyang: all stations under redevelopment accessible by Divyang; to provide
at least one Divyang friendly toilet at each platform in A1 class stations during the next
financial year and also ensure availability of wheelchairs in sufficient numbers at these
stations.
Travel Insurance to passengers – to offer optional travel insurance for rail journeys at the
time of booking.
Hourly booking of retiring rooms – will be handed over to IRCTC.
Janani sewa: children’s menu items on trains, baby foods, hot milk and hot water would be
made available.
SMART (Specially Modified Aesthetic Refreshing Travel) Coaches – design and layout of
our coaches to ensure higher carrying capacity and provision of new amenities including
automatic doors, bar-code readers, bio-vacuum toilets, water-level indicators, accessible
dustbins, ergonomic seating, improved aesthetics, vending machines, entertainment screens,
LED lit boards for advertising, PA system.
Mobile Apps – integrate all facilities into two mobile apps dealing with ticketing issues and
for receipt and redressal of complaints and suggestions.
Improving customer interface- skilling our front-end staff and those we employ through our
service providers, information boards in trains enumerating the on-board services and also
GPS based digital displays inside coaches to provide real time information regarding
upcoming halts. Work underway on installation of a high-tech centralized network of 20,000
screens across 2000 stations for enabling real time flow of information to passengers and also
unlock huge advertising potential. All A1 class stations will be manned with duly empowered
Station Directors supported by cross functional teams; to make one person accountable for all
facilities on trains.

 Pilgrimage centres: to take up on priority the provision of passenger amenities and
beautification on stations at pilgrimage centres including Ajmer, Amritsar, Bihar
Sharif, Chengannur, Dwarka, Gaya, Haridwar, Mathura, Nagapattinam, Nanded,
Nasik, Pali, Parasnath, Puri, Tirupati, Vailankanni, Varanasi and Vasco; also intend to
run Aastha circuit trains to connect important pilgrim centres.
 Porters- intend providing them with new uniforms and train them in soft skills,
henceforth, to be called sahayak.
 High Speed Rail: passenger corridor from Ahmedabad to Mumbai being undertaken
with the assistance of the Government of Japan. SPV for implementing high speed
projects will be registered this month. Prime benefit would be providing IR with
technology advancements and new manufacturing capability.
 Entertainment: propose to invite FM Radio stations for providing train borne
entertainment; extend ‘Rail Bandhu’ to all reserved classes of travelers and in all
regional languages.

Thanking you,

CA Mayur Modha

M-9904876279

E-mayurhmodha@gmail.com

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Unstructured CPE hours advisory and Self Declaration to avail CPE hours for the year 2014


cpe-ea

ADVISORY ON UNSTRUCTURED CPE LEARNING ACTIVITIES

8. UNSTRUCTURED CPE LEARNING ACTIVITIES

8.A Introduction

8. A.01 The CPE learning activities, which are eligible for CPE Credit hours are divided into Structured Learning Activities (SLAs) and Unstructured Learning Activities (ULAs). This Advisory is meant as guidance and direction to the members who want to avail CPE Credit hours through ULAs.

8.A.02 The indicative list of Unstructured CPE Learning Activities that are eligible for CPE Credit hours is as follows:
i. Self‐learning modules and courses (use of audiotapes, videotapes,correspondence courses, computer based learning programmes)
ii. Reading and individual home study
‐ Reading and Individual Home Study may constitute reading articles in the Journal, ‘The Chartered Accountant’ of the Institute, reading technical, professional, financial or business literature.
iii. Group or bilateral discussion on technical issues
iv. Acting as visiting faculty or guest faculty at the various Universities /Management Institutions / Institutions of National Importance
v. Participation in CPE Teleconferencing Programmes without the supervision of the POU
vi. Providing solutions to questionnaires / puzzles available on Web /Professional Journals
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vii. Internal Training Programmes being organised by firms of Chartered Accountants having seven or more partners
viii. Viewing of programmes hosted on the web channel of ICAI
ix. Such other activities as may be prescribed in these regards from time to time by the CPEC

8.A.03 The Members would be required to fulfill the documentation requirements as mentioned in this advisory, to avail respective CPE Credit hours. The Members would also be required to maintain and retain proper records of ULAs undertaken by them, i.e. type of unstructured activity, topic, date and the number of CPE hours requested by them.

8.A.04 The members are required to submit a Self‐Declaration Form to the concerned Decentralized Office once in a year to avail the CPE Credit hours for the ULAs undergone by them.

8.B.01 Basic Components of Unstructured Learning Activities (ULAs) The members are advised to devote time to ULAs in continuity so as to maximize the benefits of learning activities.

8.B.02 The topics studied should be of relevance to the work profile of member/s and/or Chartered Accountancy Profession. The indicative list of topics is given in the CPE Calendar, which is announced by the CPE Committee every year.

8.B.03 The study material used for ULAs like Self‐Learning Modules /Courses and Individual home study etc., should be of adequate standards and comprehensive in nature.
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8.C.01 Self‐Declaration Form
8.C.02 A blank Self‐Declaration Form would be sent to the members along with the Membership Fee Circular or the same could be downloaded by the members from the CPE Portal (http://www.cpeicai.org).

8.C.03 The Members are required to indicate the time devoted to the ULAs along with topic and date in the Self Declaration Form which is to be completely filled and signed by the members.

8.D.01 Submission of Self‐Declaration Form by the member The members are required to submit their Self‐declaration in the form as
annexed with this Advisory, once in a year on or before 31st May, to avail the CPE Hours Credit for the ULAs undergone by them in the previous calendar year. These forms would have to be submitted to the concerned Decentralized Offices. The members could also submit the same to the Sub‐Decentralized Offices for onward submission to the concerned Decentralized Offices.

8.E.01 Monitoring and Recording of CPE Credit Hours of Unstructured Learning Activities (ULAs) The Decentralized Offices of the Institute are entrusted with the task of monitoring and recording the CPE Credit hours for the ULAs. On the basis of Self Declaration submitted by the Members, the concerned Decentralized Offices would enter the CPE Credit Hours on the CPE Portal under the Head
`Unstructured Learning Activities (ULAs)’. The necessary provision for recording the CPE Credit Hours for the ULAs has been provided on the CPE Portal.

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Self Declaration Form to avail CPE Hours Credit for Unstructured Learning Activities

Self Declaration Form to avail CPE Hours Credit for Unstructured Learning Activities

For the Calendar Year                   :               2013

Name                                             :              CA. MAYUR MODHA

Membership No                             :               000000

Address                                        :              
Contact No                                   :              9904876279
E-mail id                                       :              mayurhmodha@gmail.com

Details of Unstructured Learning Activities Undergone:-

 

Type ofULAs Particulars

Details

Topic Date Requested CPEHours
Web- based (1) Web-based Learning Modules(2) Viewing of programmes hosted on the web channel of ICAI Taxation- Income Tax, Vat, Service Tax and otherAudit etc

Through www.icai.org and

Diff. online Groups, websites such ashttp://www.casansaar.com.

Whole of the year 10 Hours
Self-learning Self-learning Modules and Courses(1)Audiotapes/videotapes.

(2) Correspondence courses.

(3) Computer based learning programmes

Taxation- Income Tax, Vat, Service Tax and otherAudit etc Whole of the year
Home study Reading and Individual Home Study Taxation- Income Tax, Vat, Service Tax and otherAudit etc Whole of the year
Discussion onTechnical

Issues

Group or Bilateral Discussion on Technical Issues
Acting as Faculty Acting as visiting faculty or guest faculty at various Universities/Management Institutions /Institutions of National Importance
TeleconferencingProgrammes Participant in CPE Teleconferencing Programmes with supervision of the POU
Questionnaires/Journals Providing solutions to questionnaires /puzzles available onWeb/Professional Journals
Internal TrainingProgrammes Internal Training Programmes being organised by firms ofChartered Accountancy with seven or more partners
Total CPE Hours requested 10 Hours

Undertaking

I, CA. MAYUR MODHA, (name of the Member) hereby declare that I have undergone the unstructured learning activities as indicated by me in this form above.

I also confirm that the information given by me for claiming CPE credit hours for each unstructured activity is correct.

Place :  AHMEDABAD

Date :  30/12/2014                                                                                                                      Signature of the Member

 

Note : Members may annex a separate sheet if the given format is not sufficient for filling in complete dtails.

Dena Bank Concurrent Audit Empanelment 2014-2015


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I am pleased to inform all professional colleges that Dena Bank concurrent Audit Empanelment is open from today,

Please read following:

Request for registration for selection of concurrent auditors in dena bank for 2014-15

Description

Due Dates

Commencement ofOnline Registration

12.05.2014

Last date for submission ofOnline Registration

28.05.2014 before 3 pm

Download RFR

 Click here for registration

Dy. General Manager

Inspection & Internal Audit Department. H.O. Mumbai

Telephone No. (022) 22664648, (022) 22665997

Fax: (022) 22665600

Email: conaudit@denabank.co.in

 

Gujarat Election-2014: Schedule Reference


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Schedule Reference
Issue of Notification: 02 Apr 14 (Wed)

Last Date for filing Nominations: 09 Apr 14 (Wed)

Scrutiny of Nominations: 10 Apr 14 (Thu) 

Last date for withdrawal of Candidature: 12 Apr 14 (Sat)  
Date of Poll 30 Apr 14 (Wed)  
Counting of Votes: 16 May 14 (Fri)  
Date before which the election shall be 28 May 14 (Wed) 

Completed 

Katcha & Ahmedabad West Constituency are only fall under SC category of candidates.

Dahod, Chhota Udaipur, Bardoli & valsad constituency are fall under ST category of Candidates and other all 20 constituency are under general category.

 

 

Highlights of Interim Budget 2014-2015


 

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Today,Finance Minister P Chidambaram presented Interim Budget 2014 in Lok Sabha,  expressing concerns confronting the economy today and how his government has navigated so far to address the challenges. Read the highlights of the budget 2014-15:

Income Tax
No changes in Direct tax laws in interim budget
 
Indirect Tax

 Excise Duty

  • The Excise Duty on all goods falling under Chapter 84 & 85 of the Schedule to the Central Excise Tariff Act is reduced from 12 percent to 10 percent for the period upto 30.06.20 14. The rates can be reviewed at the time of regular Budget.
  • To give relief to the Automobile Industry, which is registering unprecended negative growth, the excise duty is reduced for the period up to30.06.2014 as follows:
·         Small Cars, Motorcycle, Scooters  and Commercial Vehicles       –    from 12 % to 8%
·         SUVs –   from 30% to 24%
·         Large and Mid-segment Cars  – from 27/24% to 24/20%
  • It is also proposed to make appropriate reductions in the excise duties on chassis and trailors – The rates can be reviewed at the time of regular Budget
  • To encourage domestic production of mobile handsets, the excise duties for all categories of mobile handsets is restructured. The rates will be 6% with CENVAT credit or 1 percent without CENVAT credit.
Service Tax
  • The loading and un-loading, packing, storage and warehousing of rice is exempted from Service Tax.
  • The services provided by cord blood banks is exempted from Service Tax.
Custom Duty
  • To encourage domestic production of soaps and oleo chemicals, the custom duty structure on non-edible grade industrial oils and its fractions, fatty acids and fatty alcohols is rationalized at 7.5 percent.
  • To encourage domestic production of specified road construction machinery, the exemption from CVD on similar imported machinery is withdrawn.
  • A concessional custom duty 5 percent on capital goods imported by the Bank Note Paper Mill India Private Limited is provided to encourage domestic production of security paper for printing currency notes.
 Conclusion speech:, Jean Drèze and Amartya Sen have pointed out that “India was the first non-Western country – and also the first poor country in the world – to commit itself to a resolutely democratic way of governance.”  Democracy acknowledges diversity, respects dissent, encourages debate, and decides through a government of elected representatives.   Neither populism nor majoritarianism nor individualism is an alternative way of governance.

Empanelment of Chartered Accountant firms with the O/o C&AG for the year 2014-2015


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OFFICE OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA
9, DEEN DAYAL UPADHYAYA MARG, NEW DELHI-110124.

Empanelment of Chartered Accountant firms for the year 2014-2015 

Applications are invited online from the firms of Chartered Accountants and Chartered Accountants Limited Liability Partnerships (LLPs) who intend to be empanelled with this office for appointment as auditors of Government Companies/Corporations for the year 2014-2015. The format of application will be available on our website:www.saiindia.gov.in from 1st January 2014 to 15th February 2014. Chartered Accountant firms/CA LLPs can apply/update the data showing the status of their firm as on 1st January 2014 and generate online acknowledgement letter for the year. They are also required to submit related documents (to be notified in this office website) to this office by 31st March 2014. Only the Chartered Accountant firms/CA LLPs who have generated online acknowledgment letter for the year 2014-2015 and submitted the required documents before the due date will be considered for empanelment. 

Sd/- 
Director General (Commercial)