Article-Personnel.docx

8/9/2019 Article-Personnel.docx

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How much House Rent allowance is exempted ?

HOUSE RENT ALLOWANCE SEC ! "#A$ REA% W&TH RULE 'A (

HRA is taxable under the head Salary. Under the Income Tax Act, certain exemptionsin respect of HRA is allowed under section 1!1"A# and is re$ulated by Rule %A. Theleast of the followin$ is exempt from Income Tax.

An amount e&ual to '( of the salary if the rented house is situated in )elhi,

*ol+ata , umbai or -hennai and an amount e&ual to ( of Salary if therented house is situated at any other place.

The amount of House Rent Allowance recei/ed by the employer in respect of

the period durin$ which the rental accommodation is occupied the employeedurin$ the pre/ious year,

The excess amount of rent paid o/er 1( of the salary recei/ed by theemployee durin$ the pre/ious year

Note: Salary for the purpose of calculation of exemption shall meanthe Basic Salary received by the employee and includes dearness

allowance0

Example 1: Aman, who resides in Ahmadabad gets a Salary of Rs 10,00,000 and HRA Rs

6,00,000. The rent paid by him is Rs. 7,00,000 . Cal!late the amo!nt of ta"able Ho!se Rent

Allowane for the pre#io!s year $01%&1'.

Answer: The least of the following is e"empt from inome ta" o!t of the HRA Rs 6,00,000

reei#ed by Aman

(a) Rs ',00,000 being '0* of the basi salary reei#ed by Aman .

(b) Rs 6,00,000 being the amo!nt of HRA reei#ed by Aman .

() Rs 6,00,000 being the e"ess of rent paid o#er the basi salary reei#ed by Aman.

(Rs10,00,000+10*Rs 1,00,000. Rs 7,00,000 & Rs 1,00,000Rs 6,00,000)

Therefore the exempt amount is Rs 4,00,000.

Example-2. SALAR: -onthly & Rs $0,000 Ann!al & Rs $,'0,000

!RA RE"E#$E%:-onthly & Rs 6,00 Ann!al & Rs 7/,000

RE&T 'A#%: -onthly & Rs /,000 Ann!al & Rs 6,000

The three (al(ulations for !RA exemption:

)ption #-At!al HRA reei#ed 2n this ase it is Rs 7/,000

)ption ##-Rent paid min!s 10* of salary. Rs 6,000 & Rs $',000 Rs 7$,000

)ption ###. 0* of salary (metros) or '0* (others) Rs 1,$0,000 (metros), Rs 6,000 (others)


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The se(on* (al(ulation +ein the least of the three, the in*ii*ual is elii+le for tax

exemption of onl Rs /2,000.


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A Welfare Wing of Division

(Sr D!": Shri Deepa# $umar %upta&

The man is the most critical component in the factors of production, the

bac+bone of any or$anisation and the mana$ement of their aairs plays a pi/otal

role in the success and failure of any /enture. The 2ersonnel 3ranch of 4abalpur

)i/ision is eecti/ely mana$in$ the aairs of around 15, dedicated and hard

wor+in$ employees of the di/ision. Apart from the routine aairs of personnelbranch ran$in$ from recruitment of fresh blood, their trainin$, promotion to their

respectful adieu from Railways, we are committed to welfare of our employees as

well as their dependents by ensurin$ a healthy 'wor#life balance) amon$ our

employees. Sta welfare is the heart of the 2ersonnel 3ranch machinery.

As the railways aspire for customer satisfaction, the personnel branch wor+s hard

for our employees6 satisfaction as we belie/e that only satis7ed and non0tensed

employees can pro/ide the excellent ser/ices desired by our customers. In &uest of

employee satisfaction, we ha/e +ic+ed o se/eral initiati/es in our di/ision. The

*mployee)s +uery Systema/ailable at Railnet with UR8

https:,,-.-/01-2,is

extensi/ely used by employees to +now the details for their establishment matters.

9f late social media are hit amon$ employees, to reap this most: we ha/e opened a

web pa$e on faceboo+ site, namely ;wwwfaceboo#com,personnel3bpdiv 6 in

which the employees share their welfare, establishment and ser/ice matters

alon$side postin$ their &ueries and $rie/ances which are resol/ed and replied

promptly.

A

web page created on 4aceboo# Social Site has been a medium of sharing

indelible moments and information among employees


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To boost the e0$o/ernance further, we ha/e started forward lin#age of N56)s

6!%7A8Sat di/isional le/el to pass on the employee6s $rie/ance to the concerned

section responsible for its redressal and similarly, *lectronic %rievance

7edressal System (*%7S&has been introduced in the di/ision which is accessible

to each employee on internet to feed and re$ister their problems online cuttin$

across /arious departments. All these eorts are pro/in$ /ery eecti/e for

mana$in$, chasin$ and 7nally sortin$ the $rie/ances out in stipulated time frame.

A )atabase of o/er ", pensioners is bein$ formulated in the !ension !ortalby di$italisin$ pension and ser/ice records of retired employees apart from

preser/in$ their physical records in a $ood manner supportin$ the suo moto

re/ision of pensions e/ery time in future at the introduction of upcomin$ 2ay

-ommissions. A /ery informati/e !ension Boo#lethas been constantly brou$ht

out for our retirin$ and retired employees to disseminate settlement related

information.


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A group of fol# artists from 8anipur performed their traditional 8anipuri

dance at the occasion of Sans#ar 8aitri Dwitiya

To imbibe peace and co/eted concentration in the minds, the personnel branch is

persistently holdin$ the camps of ?o$a and meditation at /arious crew lobbies and

depots of the di/ision.

The employees and their +ins participate passionately in all acti/ities of Scout and

%uide and a massive plantation drivewas or$anised in railway premises andother areas in which thousands of saplin$s were planted by railway employees and

their children.

he 6hildren of 7ailway School at N$; too# part avidly in the !lantation

Drive at $atni

*eepin$ in /iew of $reat reli$ious si$ni7cance of 8aihar, worship place of deity

Sharda, a Holiday Home has been built there for the stay of employees.


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Newly Built 8aihar *4, or$anisin$ ew

*atni 4unction was modernised and e&uipped with re&uisites and curriculum was

chan$ed into -3S= for ma+in$ students more competiti/e. The di/ision is about to

start the di$italisation of all ser/ice records of employees by scannin$ them which

will help their preser/ation and sa/e hu$e eorts put in reconstruction of lost

ser/ice records and also any manipulation in the records. To bestow the bene7ts of

employee6s ser/ice to hisBher family wards, the lar$e numbers as hi$h as 12?

@A7S%*SScases and 00 6%Aha/e been 7nalised and new postin$s ha/e beenoered to employees6 wards in the last 7nancial year.

The di/ision has been $ettin$ the incessant support of both the reco$nised Unions

to nurture /ery con$enial and pro$ressi/e association between employees and li+e0

minded employer. The well0established Industrial Relations mechanisms such as

2>, >onBShort 2ayment eetin$ and 2R= ha/e become the symbiotic sources of

fre&uent interactions of employees with administration. In the last calendar year,

o/erall "" new issues were raised by Unions in total 11 2>S and in the same

year, %C5 old and new issues reached satisfactorily to their lo$ical conclusions.

any worthwhile ideas of Unions and /arious Associations /is0a0/is multi0s+ill cadremer$in$, safety arran$ement for trac+man, bene7cial extension of 2RI= facilities,

security and better maintenance of railway colonies and impro/ement in railway

medical facility were armati/ely discussed and inculcated into mana$ement of

administrati/e aairs.


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Apart from these, 4abalpur di/ision li+e any other di/ision faces many present and

upcomin$ challen$es such as retention of new talents in or$anisation due to hi$h

and per/asi/e attrition rate, constant arran$ement of refresher courses to ac&uaint

the +now0how of new technolo$y and s+ill to $et the best result from our wor+ers by

de/elopin$ their capability, ensurin$ @udicious use of man power, dearth of

moti/ation and enterprise in some corners, sporadic inter di/isional parochial

dierences and et al.. 3ut we are committed to play lar$er role to sort out these

hurdles.

The personnel branch of 4abalpur di/ision is in/ariably stri/in$ hard and also bein$

successful to pro/ide healthy and family li+e milieu for its employees which help

sprout the natural instinct of de/elopment in human.

DDDDD

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Article-Personnel.docx