231st Meeting of CBT, EPF Held at New Delhi on 29th & 30th July 2022

Jul 31, 2022 | Business


The 231st meeting of Central Board of Trustees (CBT), EPF was held at New Delhi under the Chairmanship of Shri Bhupender Yadav, Union Minister for Labour & Employment and Environment, Forest & Climate Change, Vice-Chairmanship of Shri Rameswar Teli, Union Minister of State for Labour & Employment, Petroleum & Natural Gas and Co-Chairmanship of Shri Sunil Barthwal, Secretary Labour & Employment and the Member Secretary Smt. Neelam Shami Rao, Central P F Commissioner.




The Board discussed and deliberated upon following –


  • The progress made on the recommendation of the four Ad-hoc Committees for streamlining the core work areas of Human Resources; Information Technology; Pension; & Coverage and Related Litigation were placed before the Board for deliberations.

  • The Board resolved that its Standing Committees on Finance, Pension and Exempted establishments be revamped, and domain expert may be associated with each of the Standing Committees. It was decided that a Standing Committee on HR matters may also be constituted.

  • The transfer policy for Group B officials in EPFO was approved to facilitate rule and merit based intra-state transfer of officials.

  • The proposal to engage 35 Young Professionals (Law) as researchers for litigation management and other related work areas in EPFO was approved. These young professionals with the requisite domain expertise and professional training shall facilitate professionalising litigation management in EPFO.

  • The Board approved the proposal for creation of additional posts in the EPF offices in J&K and Ladakh for better administration of EPF & MP Act, 1952 made applicable after the formation of the union territory of J&K and Ladakh in 2019.

  • The recommendation of the selection committee for appointment of M/s CITI Bank as Custodian of securities of EPFO for 3 years was approved. The proposal for the extension of the tenure of present custodian M/s Standard Chartered Bank till new custodian takes over was ratified.

  • The proposal for the extension of Tenure of ETF manufacturer of SBI MF & UTI MF was ratified.

  • The Board ratified the extension of the tenure of the present External Concurrent Auditor, which was expiring on 31.3.2022, till the appointment and taking charge by the new External Concurrent Auditor.

  • Board appreciated pension endeavours of EPFO. Several pension reforms have ensured timely disbursement of pension to EPFO pensioners and facilitated the updating Jeevan Pramaan through convenient procedures. The Board gave in-principal approval for centralized disbursal of pension for further improving the EPFO services for pensioners.

  • Vision Document 2047 of EPFO was shared with members of the Board. The document has set out milestones for EPFO at five-year intervals, till 2047. Board members were requested to review the same and come forth with their suggestions for further improving upon the draft.

  • The Board was apprised of the status of pension litigation (pension on higher wages) in the Hon’ble Supreme Court of India. It was informed that a three-judge bench of the court will shortly take up the matter for adjudication.




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Immediately after the Central Board meeting, a public function was organized. In this function, Chairman CBT launched Pension and EDLI Calculators providing online facility to Pensioner and Family members to calculate the benefits of Pension and Death Linked Insurance Benefit for which they are eligible.


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The Chairman CBT also launched the facility of Face authentication technology for Digital Life Certificate to help those pensioners who face difficulties in getting their biometrics (Fingerprint & Iris) captured due to old age.


The Chairman CBT released the Training Policy of EPFO which aims at developing the officers and staff of EPFO into a competent, responsive, and future-ready cadre committed to fulfil the vision and mission of EPFO as a world class Social Security Provider.


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The Chairman CBT released the Legal Framework Document with the objective to transform EPFO into an efficient and responsible Litigant to ensure the conduct of litigation in a coordinated and time bound manner.


The Chairman CBT laid the foundation stone of Regional Office building, Udupi in virtual mode. The Bhoomi Poojan was locally done by Shri K Raghupathi Bhat, MLA Udupi Assembly.


The Chairman CBT Inaugurated the Regional Office building Bellary in virtual mode. The foundation stone of the building was unveiled by Shri Gali Somashekara Reddy, MLA Bellary city in a local function at Bellary.


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Delhi Customs launches Project ‘NIGAH’ at ICD Garhi Harsaru, Gurugram

May 27, 2022 | Business


Chief Commissioner, Delhi Customs Zone, Shri Surjit Bhujabal inaugurated project ‘NIGAH’ at ICD Garhi Harsaru, Gurugram, here today.



Project NIGAH is an initiative to track container by using ICTM (ICD Container Tracking Module) which will help in better visibility of the container movement inside the ICD. It will help Customs to expedite long standing containers and monitor timely clearances, thereby enhancing Ease of Doing Business along with ensuring lead preventive checks. ICTM has been developed in collaboration with the Custodian M/s. GRFL. A live demo of the project was given to all the participants.



On this occasion, the Chief Commissioner thanked the Custodian M/s. GRFL for this innovative development at local level to provide granular level visibility supporting ease of monitoring and to synergise the technological platforms introduced by the government with other stakeholders’ platforms, which will lead India to high standards of EXIM trade. He encouraged other Custodians to replicate the project at ICDs for the benefit of trade.


The function was attended by Commissioner of Customs, ICD Patparganj & Other ICDs Sh. Manish Saxena; Additional Commissioner of Customs Sh. Jayant Sahay; Deputy Commissioner of port Sh Sunil Shrivastava and Smt Jaya Kumari, Vice-President of M/s. GRFL Sh Rajguru with his team; Custodians of ICD Sonepat and ICD Patli and Sh. Puneet Jain, President of Delhi Customs Brokers Association along with other office-bearers. The function was virtually attended by Officers and Custodians of Other ICDs of the Patparganj Commissionerate.






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NTPC collaborates with Delhi Jal Board to convert Waste into Energy

Apr 22, 2022 | Business



In an endeavour to reduce the carbon footprint, NTPC Ltd, India’s largest integrated energy company has come together with Delhi Jal Board (DJB) to utilize the sludge produced in the sewage treatment plants (STP) of DJB.


The torrefied waste sludge was fired from NTPC’s unit 4 Boiler at Dadri. This green technological solution is an innovative way to convert STP sludge into energy via environment friendly means to reduce CO2 emissions.


In Delhi NCR alone, Sewage Treatment Plants produce up to 800 MT of sludge per day. The disposal of this sludge is a major challenge as it contributes towards environmental pollution. It also poses a major threat to the health of the people residing around the area. Firing sludge in the boiler will reduce net CO2 emission, and water & land pollution and will pave the way to utilize the waste and convert it to energy in an environment friendly manner.


NTPC is taking various steps to make its energy portfolio greener and plans to have 60 GW capacity through Renewable Energy sources by 2032.


The total installed capacity of the company is 68,881.68 MW having 23 coal-based, 7 gas-based, 1 Hydro, 19 renewable energy projects. Under JV, NTPC has 9 coal-based, 4 gas-based, 8 hydro and 5 renewable energy projects.


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Delhi Postal Circle makes special arrangements for handling of Diwali, Christmas and New Year Greetings Mails

Oct 22, 2021 | Business

In a press statement, the Department of Posts, Delhi Circle has informed that special arrangements have been made for handling of Diwali, Christmas and New Year Greetings Mails.

Special posting counters are being set up in 34 important Post Offices of Delhi and 02 (Railway Mail Service) RMS Office, i.e. Delhi Railway Station & New Delhi Railway Station during this period.

To avoid last minute rush, customers have been advised to post Diwali, Christmas and New Year Greetings well in time. The special posting counters are:-

1 .

Ashok Vihar HPO -110052

19.

New Delhi GPO – 1 10001

2.

Civil Lines PO – 110054

20.

New Subzi Mandi PO – 110033

3.

Chankyapuri PO – 110021

21.

Naraina Ind.Estate HPO 110028

4.

Delhi GPO 110006

22.

Patel Nagar PO -110008

5.

Delhi Cantt.PO-110010

23.

Paschim Vihar PO – 110063

6.

Hauz Khas PO 110016

24.

Ramesh Nagar HPO -110015

Indraprashta HO — 110002

25.

Rohini Sector -7 PO 110085

8.

Janakpuri PO -110058

26.

R.K. Puram Sector-5 PO -110022

9.

Krishna Nagar HPO- 1 10051

27.

R.P. Bhawan PO – 110004

10.

Karol Bagh PO- 110005

28.

Sansad Marg HPO – 1 10001

1 1 .

Keshav Puram/Onkar Nagar PO-110035

29.

Sarojini Nagar HPO – 110023

12.

Kalkaji HPO 110019

30.

SRT Nagar PO -110055

13.

Lodi Road HPO -110003

31.

Seelampur PO- 110053

14.

Lajpat Nagar PO-110024

32.

Sriniwaspuri PO-110065

15.

Malviya Nagar PO-110017

33.

Saraswati Vihar PO- 110034

16.

Maika Ganj PO-110007

34.

RK. Puram (Main) PO -110066

17.

Mehrauli PO-110030

35.

Delhi Railway Station, Transit Mail Office- 110006

18.

Mayapuri PO-110064

36.

New Delhi Railway Station Transit Mail

Office – 110055

Cut Off/Last dates of special arrangements are appended below:-

    1. For Diwali Mail.
  2. 28th October for other Circles.
  3. 30th October for within Delhi Circle.
    1. For Christmas Mail.
  1. 20th December for other Circles
  2. 21st December for within Delhi Circle.
    1. For New Year Mail.
  1. 22nd December for other Circles.
  2. 25th December for within Delhi Circle.

RKJ/M

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CGST Delhi officials arrest man for input tax credit fraud of around Rs 94 crore

Mar 26, 2021 | Business

The officers of CGST Delhi North Commissionerate upon data analysis and gathering of intelligence zeroed in on Shri Krishan Kumar who was involved in creating and operating fake firms using identification documents of his friends/employees.

As per investigation conducted so far, a total of 5 fake firms namely M/s Shradha Traders, M/s Anshara Impex, M/s Vijeta Enterprises, M/s SM Agencies and M/s Deepasha Sales were created by him for the issuance of goods-less invoices for items like butter/ghee/oil and passed on inadmissible Input Tax Credit (ITC) of Rs. 94 crore approx.  

During the search of his residence incriminating documents like ATM cards, signed cheques, bank documents, stamps of these dummy firms including stamp of the transport company as mentioned in the e-way bills of the fake firms and outer packets/cases of SIM cards of mobile phones used for registration of firms were recovered.

In view of the above Shri Krishan Kumar has thus committed offence specified under Section 132(1)(b) of the CGST Act, 2017. Accordingly, he has been arrested on 25.03.2021 under the provisions of the Section 69(1) of the CGST Act, 2017. He was sent to 14 days judicial custody by the duty Magistrate. Further investigation is under process.

It is pertinent to mention here that in the financial year 2020-21, CGST Delhi Zone has made total of 40 arrests in various cases involving GST evasion amounting to Rs. 5,310 crore.