Implementation of NPS.

   The New Pension System (NPS) has been implemented for various sectors like Central Government, State Government, Private Sector and NPS-Life.  The status of NPS in these sectors as on 10th November, 2012 is as under:-

Sector

No. of Subscribers (Figures in lakhs)

Assets under Management (Rs. In crores)

Central Government  

10.62

14,846

State Government    

14.67

7,445

Private Sector  

1.64

835

NPS-Life           

13.05

344

Total    

39.98

23,470

   The number of subscribers is increasing every year in all the sectors.

Web Based Status Tracking Facility Launched to Check Corruption in Income Tax Refunds.

   Instances of alleged corruption for settlement of refund claims and complaints come to notice from time to time. Whenever any such instance or complaints comes to notice, the same is verified and if it is found to be correct, the concerned officers/officials have to face penal consequences depending on the facts and circumstances of the case.

   The process of issue of refunds has been streamlined in the course of computerization and encouraging e-filing of returns for speedy processing and issue of refunds through refund banker scheme. A web based status tracking facility for refunds has also been launched. The grievance redressal mechanism has been strengthened for ensuring prompt disposal of all such complaints.

House Building Advance Scheme to State Government Employees - Extension of date for encashment - HBA allotments 2012-13 —Instructions issued–req.

GOVERNMENT OF KERALA
FINANCE (HBA) DEPARTMENT

CIRCULAR

No.68/2012/Fin.

Dated, Thiruvananthapuram, 20/11/2012

Sub: - House Building Advance Scheme to State Government Employees - Extension of date for encashment - HBA allotments 2012-13 —Instructions issued - req

Ref: - 1) G.O.(P) No.505/2009/Fin. Dated 12.11.2009
         2) Circular No.28/2012/Fin. Dated 30.05.2012
         3) Circular No.50/12/Fin. Dated 06.08.2012