What will be the formula for rounding off when 10% of (Basic + DA+ DP+ NPA) will be recovered from the salary of the Government servant?
Ans. – The contributions payable by the Government employees and those paid by the Government should be rounded off to the nearest rupee in terms of the instructions contained in Appendix-II of Central Government Accounts (Receipt and Payment) Rules, 1983. Q. No.13- It is presumed that the bill pertaining to the matching contribution would be a NIL, bill. Ans. – It is confirmed that the bill for drawl of matching contribution by Government will be a NIL bill. The amount of Government’s contributions will be transferred by debit to 502-Expenditure Awaiting Transfer to Other Heads /Department for credit to the Head 8342-Other Deposits. No amount will be paid on this bill. Q. No.14- For the purpose of simplification, Basic Pay plus DA may be taken as fixed for the entire year. This would obviate the need for calculation of DA arrears twice in a year and increment once and consequent preparation of supplementary bills. Ans. – The issue was examined by this office and it was not agreed to.