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Friday, 3 February 2023
Thursday, 2 February 2023
Budget Session 2023 of Odisha Assembly to commence from 21st February
Budget Session 2023 of Odisha Assembly will start from February 21 and continue till April 6.
The session will start with the address of Governor Ganeshi Lal on February 21. The motion of thanks on the Governor's speech will be moved on the same day. Further discussion on the Governor's address will be held on February 22 and 23.
State Finance Minister Niranjan Pujari will present the annual Budget for the year 2023-24 on February 24 while general discussion on the Budget will start from February 27. The appropriation bill will be laid before the House on March 31.
There will be a gap of seven days from March 2 to 9 during the session. There will be no business on all second and fourth Saturdays and Sundays, March 30 (Shreeram Navami) and April 1 (Odisha Day).
OFS renamed as Odisha Fire & Emergency Service
'Odisha Fire Service (OFS)' officially becomes 'Odisha Fire & Emergency Service'
Law Department issues notification adding 'Emergency Service' to OFS.
Role of fire service in rescue, restoration & relief during any danger or threat of any disaster now clearly spelt out.
Vikram Dev Autonomous College, Jeypore upgraded to University Status
Hon'ble CM approves upgradation of Vikram Deb Autonomous College, Jeypore, to an affiliated University. CM to attend platinum jubilee celebrations of the college tomorrow at Jeypore.
ଜୟପୁରର ପ୍ରସିଦ୍ଧ ଉଚ୍ଚଶିକ୍ଷାନୁଷ୍ଠାନ ବିକ୍ରମଦେବ ମହାବିଦ୍ୟାଳୟକୁ ବିଶ୍ବବିଦ୍ୟାଳୟ ମାନ୍ୟତା ପ୍ରଦାନ ପ୍ରସ୍ତାବକୁ ମୁଖ୍ୟମନ୍ତ୍ରୀ ଶ୍ରୀ ନବୀନ ପଟ୍ଟନାୟକ ଅନୁମୋଦନ କରିଛନ୍ତି। କୋରାପୁଟ ଜିଲ୍ଲାର ଉଚ୍ଚଶିକ୍ଷା କ୍ଷେତ୍ରରେ ଉଲ୍ଲେଖନୀୟ ଭୂମିକା ଗ୍ରହଣ କରିଥିବା ଏହି ମହାବିଦ୍ୟାଳୟ ଚଳିତ ବର୍ଷ ୭୫ବର୍ଷ ପୂର୍ତ୍ତି ପାଳନ କରୁଛି। ଅବିଭକ୍ତ କୋରାପୁଟ ଜିଲ୍ଲାର ବୁଦ୍ଧିଜୀବୀ ତଥା ଛାତ୍ରଛାତ୍ରୀମାନଙ୍କର ବହୁ ଦିନର ଦାବି ପୂରଣ ହୋଇଛି। ନୂଆ ବିଶ୍ୱବିଦ୍ୟାଳୟ ହେବା ଦ୍ଵାରା କୋରାପୁଟ, ରାୟଗଡ, ନବରଙ୍ଗପୁର ଓ ମାଲକାନଗିରିର ଛାତ୍ରଛାତ୍ରୀ ଉପକୃତ ହେବେ। ଦକ୍ଷିଣ ଓଡ଼ିଶାର ଉଚ୍ଚ ଶିକ୍ଷା କ୍ଷେତ୍ରରେ ଏହା ମାଇଲଷ୍ଟୋନ୍ ହେବ ବୋଲି ମୁଖ୍ୟମନ୍ତ୍ରୀ ଆଶାବ୍ୟକ୍ତ କରିଛନ୍ତି।
Expected DA from January @ 42%
AICPIN |
The expected Dearness Allowance from January 2023 is 42% and it can be assumed as final based on AICPIN for December, 2022 which has been published on 31st January, 2023 by labour bureau.
Consumer Price Index for Industrial Workers (2016=100) for December, 2022 decreased by 0.2 points and stood at 132.3 points.
Average AICPIN for last twelve months :
[125.1+125.0+126.0+127.7+129.0+129.2+129.9+130.2+131.3+132.5 + 132.5 + 132.3] x 2.88 / 12 =372.144
Hence, expected DA for January, 2023
= (372.144-261.4) /261.4 x 100 = 42.35
Wednesday, 1 February 2023
Personal Income Tax in Budget 2023-24
Ministry of Finance
MAJOR ANNOUNCEMENTS IN PERSONAL INCOME TAX TO SUBSTANTIALLY BENEFIT THE MIDDLE CLASS
PERSONS WITH INCOME UP TO RS. 7 LAKH WILL NOT PAY INCOME TAX IN NEW TAX REGIME
TAX EXEMPTION LIMIT INCREASED TO RS. 3 LAKH
CHANGE IN TAX STRUCTURE: NUMBER OF SLABS REDUCED TO FIVE
SALARIED CLASS AND PENSIONERS TO GAIN ON EXTENSION OF STANDARD DEDUCTION BENEFIT TO THE NEW TAX REGIME
MAXIMUM TAX RATE REDUCED TO 39 PER CENT FROM 42.74 PER CENT
NEW TAX REGIME TO BE THE DEFAULT TAX REGIME
CITIZENS TO HAVE THE OPTION TO AVAIL THE BENEFIT OF OLD TAX REGIME
With the objective of benefitting the hard working middle class of the country, Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitaraman made five major announcements with respect to personal income tax while presenting the Union Budget 2023-24 in Parliament today. These announcements pertaining to rebate, change in tax structure, extension of benefit of standard deduction to the new tax regime, reduction of highest surcharge rate and extension of limit of tax exemption on leave encashment on retirement of non-government salaried employees will provide substantial benefits to the working middle class.
In her first announcement regarding rebate, she proposed to increase the rebate limit to Rs.7 lakh in the new tax regime, which would mean that the persons in the new tax regime, with income up to Rs. 7 lakh will not have to pay any tax. Currently, those with income up to Rs. 5 lakh do not pay any income tax in both old and new tax regimes.
Providing relief to middle-class individuals, she proposed a change in the tax structure in the new personal income tax regime by reducing the number of slabs to five and increasing the tax exemption limit to Rs. 3 lakh. The new tax rates are:
Total income (Rs.) | Rate (per cent) |
Upto 0-3 lakh | Nil |
From 3-6 lakh | 5 |
From 6-9 lakh | 10 |
From 9-12 lakh | 15 |
From 12-15 lakh | 20 |
Above 15 lakh | 30 |
This will provide major relief to all tax payers in the new regime. An individual with an annual income of Rs. 9 lakh will be required to pay only Rs. 45,000/-. This is only 5 per cent of his or her income. It is a reduction of 25 per cent on what he or she is required to pay now, i.e. Rs. 60,000/-. Similarly, an individual with an income of Rs. 15 lakh would be required to pay only Rs. 1.5 lakh or 10 per cent of his or her income, a reduction of 20 per cent from the existing liability of Rs. 1,87,500/.
The third proposal of the budget provides major relief to the salaried class and the pensioners including family pensioners as the Finance Minister proposed to extend the benefit of standard deduction to the new tax regime. Each salaried person with an income of Rs. 15.5 lakh or more will thus stand to benefit by Rs. 52,500/-. At present, standard deduction of Rs. 50,000/- to salaried individuals and deduction from family pension up to Rs. 15,000/- is currently allowed only under the old regime.
As part of her fourth announcement with respect to personal income tax, Smt. Nirmala Sitaraman proposed to reduce the highest surcharge rate from 37 per cent to 25 per cent in the new tax regime for income above Rs. 2 crore. This would result in reduction of the maximum tax rate to 39 per cent from the present 42.74 per cent, which is among the highest in the world. However, no change in surcharge is proposed for those who opt to be under the old regime in this income group.
As part of the fifth announcement, the budget proposed extension of limit of tax exemption on leave encashment to Rs. 25 lakh on retirement of non-government salaried employees in line with the government salaried class. At present, the maximum amount which can be exempted is Rs. 3 lakh.
The budget proposed to make the new income tax regime as the default tax regime. However, citizens will continue to have the option to avail the benefit of the old tax regime.
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Transfer & posting of IPS Officers
Creation of 50 posts of Fire Service Personnel for Airports
Hon'ble CM Sri Naveen Patnaik has approved a proposal for creation of 50 posts of Fire Service Personnel in different ranks for four Airports under Regional Connectivity Scheme (RCS)– UDAN scheme. These Airports are Jharsuguda, Utkela, Rourkela and Jeypore.
Out of these 50 posts, 9 each will be deployed at Utkela & Jeypore and 16 each at Jharsuguda and Rourkela. Recently three fire stations have been made functional at 3 premier medical colleges of Odisha-Cuttack, Brahmapur and Burla.
Tuesday, 31 January 2023
Health & Family Welfare Department allocated to Niranjan Pujari
Day after health minister Naba Kisore Das was shot dead by an on-duty police officer, chief minister Naveen Patnaik on Monday allocated health and family welfare department to finance minister Niranjan Pujari. He also holds charge of the Parliamentary Affairs department.
Monday, 30 January 2023
State honour will be accorded to Sj Naba Das
ସ୍ବର୍ଗତ ନବ କିଶୋର ଦାସଙ୍କ ପାର୍ଥିବ ଶରୀରକୁ ରାଷ୍ଟ୍ରୀୟ ମର୍ଯ୍ୟାଦା ସହ ଅନ୍ତିମ ସତ୍କାର କରାଯିବ। ରାଜ୍ୟ ସରକାରଙ୍କ ପକ୍ଷରୁ ନିମ୍ନ ପ୍ରଦତ୍ତ ମନ୍ତ୍ରୀଗଣ ଅନ୍ତିମ ସତ୍କାର କାର୍ଯ୍ୟରେ ଉପସ୍ଥିତ ରହିବେ। ଅନ୍ତିମ ସତ୍କାର ସ୍ଥଳରେ ଜାତୀୟ ପତାକା ବିଧିପୂର୍ବକ ଅର୍ଦ୍ଧ ନମିତ ରହିବ।
National flag will be flown at half-mast in State capital today & on the day of funeral at the place where funeral will take place. No official entertainment for 3 days from Jan 29 to 31. Three ministers to remain present during funeral.
Sunday, 29 January 2023
Odisha Government to organise 'promotion adalat' in February first week
Saturday, 28 January 2023
Budget Session 2023 of Parliament starts on 31st January
The budget session of the parliament will commence from 31 January, 2023. The session will have 27 sittings spread over 66 days with usual recess. It will continue till 6 April with a recess from 14 February to 12 March.
Friday, 27 January 2023
Assistant Director (Law) Recruitment 2021 : Computer Skill Test Rescheduled to 11th February
Skill Test in Computer (Practical) for recruitment to the post of Assistant Director (Law), Advt. No.22 of 2021-22 has been rescheduled to 11.02.2023 (Saturday) instead of 05.02.2023 (Sunday).
Awards and accolades given out on Republic Day 2023
Padma Awards - 2023
Padma Awards - one of the highest civilian Awards of the country, are conferred in three categories, namely, Padma Vibhushan, Padma Bhushan and Padma Shri. The Awards are given in various disciplines/ fields of activities, viz.- art, social work, public affairs, science and engineering, trade and industry, medicine, literature and education, sports, civil service, etc. ‘Padma Vibhushan’ is awarded for exceptional and distinguished service; ‘Padma Bhushan’ for distinguished service of high order and ‘Padma Shri’ for distinguished service in any field. The awards are announced on the occasion of Republic Day every year.