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Saturday, 4 February 2017

Railway ticket transfer

This is regarding transfer of confirmed rail ticket. Very good initiative by our Railway Minister Sri Suresh Prabhu.

1. A confirmed railway ticket can be transferred to your blood relations.

2. If a person is holding a confirmed ticket and is unable to travel, then the ticket can be transferred to his / her family members including father, mother, brother, sister, son, daughter, husband or wife.

3. For transfer of ticket, an application must be submitted atleast 24 hours in advance of the scheduled departure of the train to chief reservation supervisor with ID proof.

4. Government officials can transfer to other govt official.

5. Students can transfer ticket to other students.

Share this. It may help someone.

For Details access / visit to: -

http:/www.indianrail.gov.in/change_Name.html

Friday, 3 February 2017

SCR ON MEDIA

PR. No. 789                                                                        
Date: 3rd February, 2017

Shri Vinod Kumar Yadav, General Manager, briefs Media on Budgetary Allocation for South Central Railway

Shri Vinod Kumar Yadav, General Manager, South Central Railway held a Press Conference at Rail Nilayam, Secunderabad today i.e. 3rd February, 2017 to brief the media on the budgetary allocations for South Central Railway towards infrastructure development, new lines, doubling works and passenger amenities etc. Shri A.K.Gupta, Additional General Manager and other Principal Heads of Departments of SCR were present on the occasion. Earlier, Shri M.Umashankar Kumar, Chief Public Relations Officer, SCR welcomed the Media and made a introductory presentation on the details of budgetary allocations to SCR.

Budgetary Allocations for South Central Railway

South Central Railway has got a substantial budgetary allocation for the year 2017-18 as compared to the previous year. The budget outlay for different heads of expenditure is –

 Towards infrastructure, SCR has been sanctioned a staggering amount of Rs 3,034 Crs for the year 2017-18  as against Rs. 2,134 Crs. for 2016-17, which is   42 % more.
 For new lines, the budgetary grant is Rs 887 Crs, as against Rs. 760 Crs. for 2016-17, which is 17 % more.
 For doubling works, the budgetary grant is Rs 436 Crs, as against Rs. 172.6 Crs. for 2016-17, which is 153 % more.
 For traffic facilities, the budgetary grant is Rs 96.1 Crs, as against Rs. 75 Crs. for 2016-17, which is 28 % more.
 For passenger amenities, the budgetary grant is Rs 67.8 Crs, as against Rs. 65.6 Crs. for 2016-17, which is 3 % more.
New infrastructure projects sanctioned on SCR in this year.

 As part of capital investment programme, a new work between Armoor – Adilabad via Nirmal in Telangana State for a length of 220 Kms at a cost of Rs. 2800 Crs has been sanctioned as part of Joint Venture (JV) with Telangana State Government.
 Vijayawada – Amaravathi – Guntur new line project in Andhra Pradesh state has been sanctioned at a cost of Rs. 2,680 Crs for a distance of 106 Kms.
 Development of Rajahmundry yard at an estimated cost of Rs. 27.2 Crs has been sanctioned . (Andhra Pradesh)
 Construction of 4 new Crossing stations at a estimated cost of Rs.19 cr has been sanctioned between the stations:
-Wanaparthi Road – Kaukuntla, (Telangana State)
-Manopad – Alampur Road, (Telangana State)
-Itikyala – Manopad (Telangana State)
-Ulindakonda – Veldurthi  (Andhra Pradesh) over Hyderabad Division.

New Surveys sanctioned on SCR jurisdiction:

 New survey for doubling to a length of 235 Kms between Bolarum – Mudkhed has been sanctioned. (Telangana and Maharashtra)
 New survey for 4th line to a length of 234 Kms between Kazipet – Balharshah has been sanctioned. (Telangana and Maharashtra)
 New survey for 4th line to a length of 219 Kms between Kazipet – Vijayawada has been sanctioned. (Telangana and Andhra Pradesh)
 New line survey for a length of 157 Kms between Bidar - Nanded has been sanctioned. (Karnataka and Maharashtra)
 New line survey for a length of 120 Kms between Dharmavaram - Bellary has been sanctioned. (Andhra Pradesh and Karnataka)
 New line survey for a length of 132 Kms between Hindupur - Chitradurga has been sanctioned. (Andhra Pradesh and Karnataka)
 New line survey for a length of 250 Kms between Kondapalli - Kirandul has been sanctioned. (Andhra Pradesh and Chattisgarh)
 New line survey for a length of 110 Kms between Mantralayam Road - Kurnool has been sanctioned. (Andhra Pradesh)
 New line survey for a length of 115 Kms between Mancheryal - Gadchiroli has been sanctioned. (Telangana and Maharashtra)

This year special emphasis has been given towards Safety. The budget allocations for Safety related works are:

 For Road over/under Bridges (Road Safety Works), the budgetary grant is Rs 325.4 Crs, as against Rs. 155.8 Crs. for 2016-17, which is 109 % more.
 7
 For Bridges, the budgetary grant is Rs 31 Crs. In this year, 9 new works are sanctioned for rebuilding and strengthening of bridges.
 To enhance safety at Level Crossings, an amount of Rs 69.5 Crs has been allotted. This year, to improve safety at busy Level Crossing gates, Inter-locking works are sanctioned at 24 LC gates.
 For Track Renewals, the budgetary grant is Rs 604.7 Crs, as against Rs. 435.3 Crs. for 2016-17, which is   39 % more.
This year, in addition to the already sanctioned complete track renewal works, 317 Kms new complete track renewal works have been sanctioned.
 On SCR, Train collision avoidance system (TCAS) extended field trials are in progress on Secunderabad – Wadi and Vikarabad – Bidar sections.
 This year, new works for provision of Train collision avoidance system (TCAS) has been sanctioned for 228 Kms between Wadi – Guntakal at a cost of Rs. 50 Crs.
 New works for provision of Train collision avoidance system (TCAS) has been sanctioned for 241 Kms between Bidar – Parli Vaijnath – Parbhani section at a cost of Rs. 25 Crs.
 New works for provision of Train collision avoidance system (TCAS) has been sanctioned for 958 Kms between Manmad – Parbhani – Nanded – Secunderabad – Gadwal – Dhone – Guntakal section at a cost of Rs. 120 Crs.
 Rs. 40 Crs is allotted for Traction Distribution work. This year, 4 new works for replacement of catenary wires and improvement at neutral sections has been sanctioned.
 Rs. 7.1 Crs has been allotted for Training and HRD as against Rs. 1.2 Crs during last year which is 492% higher.
A new work for construction of Divisional Integrated Training centre has been sanctioned at Vijayawada at a cost of Rs. 3.8 Crs.

Other important works sanctioned in this year on SCR

 At Kacheguda, a new work for relocation of IOH shed for decongesting Coaching complex has been sanctioned at an estimated cost of Rs. 8 Crs. (Telangana)
 At Moula Ali, a new work for augmentation of MEMU/DEMU car shed for holding 16 MEMU/DEMU rakes has been sanctioned at an estimated cost of Rs. 9.61 Crs (Telangana)
 At Rayanapadu, a new work for augmentation of periodic overhauling capacity of CPOH shed has been sanctioned at a cost of Rs. 8.7 Crs. (Andhra Pradesh)
 A new work at a cost of Rs. 5.86 Crs is sanctioned for extension of existing pit lines to accommodate 12 car MMTS rakes at Moula Ali EMU car shed.(Telangana)
 A new work for construction of waiting hall on platform 1 at Tirupati station has been sanctioned at a cost of Rs.3.72 Crs. (Andhra Pradesh)
 A new work costing Rs. 3.57 Crs for provision of cover over platforms at Aurangabad and additional foot over bridge connecting platform No 1 & 2 at Nagarsol has been sanctioned. (Maharashtra)
 New foot over bridge at a cost of Rs. 2.70 Crs has been sanctioned at Gudur station. (Andhra Pradesh)
 A new work for replacement of conventional lights to LED at all stations (approx. 120 stations) of Guntur and Guntakal Divisions has been sanctioned at a cost of Rs. 2.5 Crs. (Andhra Pradesh and Telangana)
 As part of capital investment programme, a new work for extension of Vijayawada – Gudivada project up to Machilipatnam deep water port  for a length of 10 Kms at a cost of Rs. 130 Crs has been sanctioned as a Joint Venture (JV) with Andhra Pradesh State Government. (Andhra Pradesh)


Budgetary Allocations for important projects

Allocations for the last mile projects to enable completion in all respects:
 Rs. 25 Crs for Peddapalli–Karimnagar-Nizamabad (178 Kms) new line project.
 Rs.  79 Crs for Jaggayyapet–Mellacheruvu–Janpahad (24 Kms) new line project.
 Rs 100 Crs for Gulbarga–Bidar (140 Kms)new line project.

Budgetary allocations for other ongoing projects.
 Rs. 300 Crs for Munirabad–Mahabubnagar (246 Kms) new line project. (Telangana)
 Rs. 350 Crs for Manoharabad–Kothapalli (148.9 Kms) new line project. (Telangana)
 Rs. 340 Crs for Nadikudi–Srikalahasti (309 Kms) new line project.(Andhra Pradesh)
 Rs. 430 Crs for Kotipalli–Narsapur (57.2 Kms) new line project. .(Andhra Pradesh)
 Rs. 196 Crs for Akkannapet – Medak (17.2 Kms) new line project. (Telangana)
 Rs. 300 Crs for Bhadrachallam – Sattupalli (56.25 Kms) new line project. (Telangana)
 Rs. 240 Crs for Kadapa – Bengaluru (255 Kms) new line project. .(Andhra Pradesh and Karnataka)
 Rs. 150 Crs for Kakinada – Pithapuram (21.5 Kms) new line project. (Andhra Pradesh)
 Rs. 100 Crs for Obulavaripalle – Krishnapatnam(113 Kms) new line project. (Andhra Pradesh)
 Rs. 71 Crs for Mudkhed – Parbhani (81.43 Kms) doubling project. (Maharashtra)
 Rs. 124 Crs for Guntur – Guntakal (443 Kms) doubling project. .(Andhra Pradesh)
 Rs. 52 Crs Guntakal – Kalluru (41 Kms)doubling project .(Andhra Pradesh)
 Rs. 36 Crs for Guntur – Tenali (24.38 Kms) doubling with electrification. (Andhra Pradesh)
 Rs.122 Crs for Vijayawada–Bhimavaram–Nidadavolu (221 Kms) doubling and electrification. .(Andhra Pradesh)
 Rs. 50 Crs for Secunderabad – Mahbubnagar (85.24 Kms) doubling project. (Telangana)
 Rs. 75 Crs for Gooty – Dharmavaram (90 Kms) doubling project.(Andhra Pradesh)
 Rs. 160 Crs for Kazipet – Balharshah (201 Kms) 3rd line project. (Telangana and Maharashtra)
 Rs. 100 Crs for Kazipet – Vijayawada (219.64 Kms) 3rd line project. (Andhra Pradesh and Telangana)
 Rs. 100 Crs for Vijayawada – Gudur (287.67 Kms) 3rd line project. (Andhra Pradesh)
 Rs. 9 Crs for Mancherial–Peddampet 3rd line project. (Telangana)
 Rs. 100 Crs allotted as Railway portion for MMTS Phase II project.In addition Rs. 16 Crs has been allotted for Ghatkesar – Yadadri extension MMTS phase-II. (Telangana)
 Rs. 135 Crs  for construction of Bye Pass lines at Vijayawada(19.5 Kms), Kazipet (10.65 Kms), Renigunta(9.6 Kms), Wadi(7.6 Kms) and Gooty (3.8 Kms). (Andhra Pradesh, Telangana and Maharashtra)
 Rs. 5 Crs allotted for development of Satellite terminal at Cherlapalli, (Telangana)7
 Rs. 6 Crs allotted for development of Tiruchanur Railway Station. (Andhra Pradesh)

****

Thursday, 2 February 2017

Highlights budget 2017

*Highlights of Union Buget 2017 - 2018*

*GST* - No changes in service tax & excise duty as GST draft will be launching soon

*Fiscal Deficit* - Seen at 3.2% (17-18) & 3% (18-19)

*Current Account Deficit* - 0.3% (16-17) 1st Half

*FDI Investments* - 1.45 Lakh Crores (16-17) 1st Half

*Direct Tax* - Tax to GDP Ratio is very low
Income upto 2.5 Lakhs - Nil Tax
Income above 2.51 Lakhs to 5 Lakhs  - Reduces to 5% Tax from 10%
Income above 50 Lakhs to 1 Crore - 10% surcharge

*Farmer* - Double their income in 5 years

*Agriculture* - 10 Lac Crores credit

*MNREGA* - Allocation 48,000 Crores

*PM Gram Sadak Yojna* - Allocation 19,000 Crores

*Sr. Citizen* - 8% guaranteed pension for 10yrs by LIC of India scheme

*Rail Budget* - 1.31 Lakh Crores, New Railway Line of 3500 kms, No service charge on IRCTC Ticket booking

*Highway* - 67,000 Crores for National Highways

*Disinvestment* - Continue through ETF's and timely disinvestments of PSU's,
Target 72500 Crores

*Banking* - 10,000 Crores to PSU banks for Recapitalisation, Double landing targets to Bank 2.44 Lac Crores, 2.44 Lac Crores under mudra scheme

*Total Expenditure* - Estimated at 21.47 Lac Crores

*Defence Expenditure* - 2.74 Lakh Crores excluding Pension

*Long Term Capital Gain* - For immovable property reduced to 2yrs from 3yrs

*Income Tax* - Companies turnover less than 50 Crores will pay 5%  less tax, Effective rate 25%

*Cash Transaction* - No transaction over 3 lakes will be permitted in cash

*Infra* - Insurance company has to invest 25% in Infra bonds

*New slab rate for income tax 2017-18 income*:

Till 2.5L - NIL
2.5L - 5L - 5%
5L - 10L - 20%
Over 10L - 30%

Rebate of 87A reduced to 2.5K from 5K

Wednesday, 1 February 2017

Major Highlights of Union Budget 2017-18

Major Highlights of Union Budget 2017:
1.Total Budget of ₹ 21.47 Lakhs crores for 2017-2018.
2.Increase in Direct Tax collection by 34% after demonetisation.
3.Holding period for LTCG for Land & Building reduced to 2 years.
4.Carried forward of MAT Credit for 15 years instead of 10 years.
5.5% tax exemption for companies having turnover below ₹ 50 crores.
6.6% presumptive tax for turnover upto ₹ 2 crores.
7.No cash transaction above ₹ 3 Lakhs will be permitted.
8.Maximum Donation receivable from unknown source by pol party will be ₹ 2k.
9.Change in period of limitation for scrutiny assessment.
10.5 % tax for income below ₹ 5 Lakhs.
11.No tax for income upto ₹ 3 Lakhs.
12.10% surcharge for assesse income between ₹ 50 Lakhs to ₹ 1 crores.
13.One page Income Tax return proposed.
14.No major changes for Indirect taxes due to GST implementation.

Budget 2017-Highlights of Railway

Budget highlights 2017 of Indian Railways:

1. Rs. 1.31 Lakh crores allocation for Railways

2. 5000 km of new railway track planned, out of which 3500 km track will be commissioned during 2017-18

3. Rs.1 Lakh crores corpus fund will be created for Safety of Railways

4. All unmanned LCs will be eliminated by 2020

5. Dedicated trains for Tourism corridors

6. 70 new projects for construction and development will be taken up

7. 25 important stations will be considered for redevelopment.

8. in 500 stations Lifts and Elevators will be provided to facilitate movement to sr. citizen.

9. 300 out of 2000 stations, Solar Power plants will be established.

10. Bio toilets will be provided in all important trains.

11.Rites, IRCON, IRCTC etc., will be listed in stock exchanges.