
Cabinet nod to 4 Badri projects; tax rebate for CNG, EV vehicles
The
Uttarakhand cabinet
on Wednesday approved 12 proposals, including four related to development projects in Badrinath and a tax exemption for CNG and electric vehicles.
Secretary Shailesh Bagauli said permission was granted for creating Sudarshan Chakra and Sheshnetra Lotus wall artworks at prominent Badrinath locations, including Arrival Plaza and Lakefront. Another decision pertains to the construction and installation of the 'Tree and River Sculpture' at Badrinarayan Chowk.
In a major green push, the cabinet has amended the tax structure for certain categories of eco-friendly vehicles. Under a notification dated Jan 2, 2019, issued under the Uttarakhand Motor Vehicle Taxation Reform Act, 2003, one-time tax rates were specified for vehicles powered by electric batteries, solar energy, or CNG. The cabinet has decided to extend this exemption to plug-in hybrid electric vehicles and strong hybrid electric vehicles.
"The purpose of this decision is to encourage vehicle owners to purchase and use these categories of vehicles and to reduce pollution," said Bagauli.
To streamline recruitment processes for Group-C positions outside the purview of the Uttarakhand Public Service Commission, the state had earlier established the Uttarakhand Subordinate Service Selection Commission, creating a framework of 64 temporary positions-of which 62 were created, with the remaining two treated as a dying cadre. Given the rising number of requisitions from departments, the cabinet has now approved a restructuring of the commission's framework by creating 15 new positions-one regular and 14 outsourced-on top of the existing 62.
In another decision, the director of the Forensic Science Laboratory will now be designated as the
Uttarakhand Forensic Science Laboratory
Department head. The cabinet also cleared a proposal to restructure the
Uttarakhand Human Rights Commission
, which was established in 2011 with 47 positions. To address operational requirements, 12 new positions will be created. In line with central govt directives, the cabinet approved a proposal to make employees covered under the National Pension Scheme (NPS) eligible for gratuity within the state. Also, changes were made to benefit the dependents of deceased environmental workers under the 1974 rules.
Under the Clean Mobility Transition Policy, 2024, the transport department had planned to deposit funds for various incentives in an escrow account titled the Uttarakhand Clean Mobility Transition Fund. However, banks raised concerns regarding the opening of such accounts. Hence, the state will now use an SNA account to implement the policy.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


NDTV
3 days ago
- NDTV
8th Pay Commission: Estimated Revised Salaries And Allowances For Government Employees
Quick Read Summary is AI generated, newsroom reviewed. The Indian government has approved the 8th Pay Commission for central government employees. Implementation of the revised salaries and pensions will begin on January 1, 2026. The proposed fitment factor may increase from 2.57 to 2.86, affecting salary scales significantly. 8th Pay Commission: The Indian government has approved the 8th Pay Commission, set to revise salaries and pensions for over 1 crore central government employees and pensioners. Implementation is expected from January 1, 2026. A key focus is the "fitment factor", a multiplier used to adjust pay scales. While the 7th Pay Commission used a factor of 2.57, the 8th may propose an increase to 2.86, potentially raising the minimum basic salary from Rs 18,000 to Rs 51,480 and pensions from Rs 9,000 to Rs 25,740. Final recommendations will be made by the appointed commission members. Understanding the 8th Pay Commission's Impact on Salaries and Allowances (Estimated) The 8th Pay Commission is set to bring significant changes to the salary structure of government employees. Here's what you need to know: Revised Allowances and Basic Pay Adjustments (Estimated) Along with basic salary adjustments, other allowances like House Rent Allowance (HRA) and Travel Allowance (TA) will also be revised based on location and job-related travel. This means two employees on the same pay level may receive different gross earnings due to varying allowances. Impact on NPS and CGHS Contributions (Estimated) National Pension System (NPS) Contributions: Government employees contribute 10% of their basic pay and dearness allowance (DA) to NPS, while the government contributes 14%. These contributions will increase following salary revisions. Central Government Health Scheme (CGHS): Charges under CGHS will be updated based on revised salary levels. Projected Salary Revisions (Estimated) Using a fitment factor of 2.28, projected salaries for various grades have been calculated. Here are some examples¹: Grade 2000 (Level 3): Basic pay revised to Rs 57,456, with HRA and TA bringing gross salary to Rs 74,845. Net salary after deductions: Rs 68,849. Grade 4200 (Level 6): Basic pay revised to Rs 93,708, with gross salary reaching Rs 1,19,798. Net salary after deductions: approximately Rs 1,09,977. Grade 5400 (Level 9): Revised basic salary of Rs 1,40,220, with total gross earnings of Rs 1,81,073. Net take-home pay: around Rs 1,66,401. Grade 6600 (Level 11): Revised salary of Rs 1,84,452, with gross income reaching Rs 2,35,920. Net salary after deductions: Rs 2,16,825.


Mint
3 days ago
- Mint
Retirement unease: Is it getting better or worse?
In India, employees who are not on government payrolls have long been familiar with retirement unease. Recently, though, a new benchmark popped into view. The Centre's Unified Pension Scheme (UPS) option, which was thrown open to central workers on 1 April, offers half of one's average basic salary drawn in the last year of work as pension (if one puts in 25 years of service). The very mention of half one's last pay prompts a basic question: Are those with no UPS access putting enough away for their silver years? Maybe not. A survey of pension planning by Grant Thornton Bharat (GTB), a professional services firm, has flagged a big gap between the money people expect they'll have to live on as they age and the reality of their financial situation. Also Read: Pension alert: Even the unified scheme could acquire a sell-by date over time This is among a significant slice of our workforce. Folks employed by the private sector made up nearly nine-tenths of the survey's sample, with 30% earning above ₹40 lakh annually and the vast bulk taking home more than twice of India's GDP per head. As the GTB study puts it, over 55% of respondents expect monthly pensions exceeding ₹1 lakh, 'but only 11% are confident in their current savings." The survey was done over August and September 2024. The UPS, which was approved by New Delhi in the midst of that span, may or may not have inflected responses. But the survey also points to low satisfaction with the National Pension System (NPS) that's open to all Indian 18-70-year-olds. Have retiral back-ups like NPS begun to look pale in contrast with the UPS deal? Plausibly. If this isn't a source of unease, it should be—since so many of us seem to be falling short on stuffing our nest eggs. Either way, the point is not to interpret the worldly context of a survey finding, but to explore viable avenues of relief. According to the GTB report, future needs and means being out of whack 'signals a pressing need for realistic retirement planning and financial education." Also Read: Unified Pension Scheme: Is good psychology also sound economics? Indeed. Even in this age of agentic AI bots headed our way to help out, with 'Fire' calculators at the disposal of youth in pursuit of 'financial independence' to 'retire early,' lifelong plans remain sketchy. Clearly, many of us need to get our act together. This is also the market pitch made by various investment vehicles. The 'Mutual fund sahi hai' (it's right) campaign, for example, has played an undeniable role in drawing money into long-held mutual funds. That equity has been a big draw is no surprise, given the appeal of its returns. Some of our retail rush for shares could be explained by how capitalism has caught on. As Thomas Piketty said, if the rate of return on capital exceeds the rate of economic growth, wealth will enlarge faster than income. To amass the money needed for a cushy life, every salaried person has the risky but rewarding option of buying into the country's capital pie. Also Read: EPFO reforms: Getting PF dues shouldn't require special services Of course, advice to invest wisely usually assumes that if one needs a helping hand with old-age security, it's best to look for one at the end of one's arm. In a market economy with a weak welfare net for all but the poor, the onus is on us to take charge of our financial lives. However, there is a favour that the Reserve Bank of India (RBI) can do us that must not escape notice. No multi-decade plan can be firmed up without clarity on the rupee's path of purchasing power into one's old age. But if RBI shows both the will and ability to keep inflation capped at 4% over the long haul, it'll enable truly realistic plans. In assuring us retirement relief, RBI has a major role to play.


Time of India
4 days ago
- Time of India
Cabinet nod to 4 Badri projects; tax rebate for CNG, EV vehicles
The Uttarakhand cabinet on Wednesday approved 12 proposals, including four related to development projects in Badrinath and a tax exemption for CNG and electric vehicles. Secretary Shailesh Bagauli said permission was granted for creating Sudarshan Chakra and Sheshnetra Lotus wall artworks at prominent Badrinath locations, including Arrival Plaza and Lakefront. Another decision pertains to the construction and installation of the 'Tree and River Sculpture' at Badrinarayan Chowk. In a major green push, the cabinet has amended the tax structure for certain categories of eco-friendly vehicles. Under a notification dated Jan 2, 2019, issued under the Uttarakhand Motor Vehicle Taxation Reform Act, 2003, one-time tax rates were specified for vehicles powered by electric batteries, solar energy, or CNG. The cabinet has decided to extend this exemption to plug-in hybrid electric vehicles and strong hybrid electric vehicles. "The purpose of this decision is to encourage vehicle owners to purchase and use these categories of vehicles and to reduce pollution," said Bagauli. To streamline recruitment processes for Group-C positions outside the purview of the Uttarakhand Public Service Commission, the state had earlier established the Uttarakhand Subordinate Service Selection Commission, creating a framework of 64 temporary positions-of which 62 were created, with the remaining two treated as a dying cadre. Given the rising number of requisitions from departments, the cabinet has now approved a restructuring of the commission's framework by creating 15 new positions-one regular and 14 outsourced-on top of the existing 62. In another decision, the director of the Forensic Science Laboratory will now be designated as the Uttarakhand Forensic Science Laboratory Department head. The cabinet also cleared a proposal to restructure the Uttarakhand Human Rights Commission , which was established in 2011 with 47 positions. To address operational requirements, 12 new positions will be created. In line with central govt directives, the cabinet approved a proposal to make employees covered under the National Pension Scheme (NPS) eligible for gratuity within the state. Also, changes were made to benefit the dependents of deceased environmental workers under the 1974 rules. Under the Clean Mobility Transition Policy, 2024, the transport department had planned to deposit funds for various incentives in an escrow account titled the Uttarakhand Clean Mobility Transition Fund. However, banks raised concerns regarding the opening of such accounts. Hence, the state will now use an SNA account to implement the policy.