Interest on delayed/non- deposit of National Pension System (NPS) Contributions: Railway Board RBA No. 78/2019
भारत सरकार GOVERNMENT OF INDIA
रेल मंत्रालय MINISTRY OF RAILWAYS
रेलवे बोर्ड (RAILWAY BOARD)
RBA No. 78 /2019
No. 2019//\C-l l / 21/6
New Delhi, dated 05.09.2019
1. General Managers/FA&CAOs etc (As per standard List 1)
2. All attached offices/Subordinates offices (As per standard List II)
Sub: Booking of expenditure towards Interest on delayed/non- deposit of National Pension System (NPS) Contributions.
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Advanced Correction Slip No. 144 modifying/introducing the existing/new detailed head under Sub Major Head 11 (erstwhile D.No. 13/Abstract 0) for booking of Revenue expenditure towards Interest on delayed /non-deposit of NPS Contributions and introduction of new Primary Unit for booking Interest on delayed/non-deposit of NPS contribution in both Revenue and Capital Expenditure i n Indian Railway finance Code Vol. I I (Second Reprint 2008) is enclosed for necessary
Contents of the correction slip may please be circulated suitably. Kindly acknowledge receipt.
DI\ : /\s above. A
(Sanjeev Sharma)
Director Finance/ Accounts
Railway Boa rd
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Advance Correction Slip No. 144
Indian Railway Finance Code Vol. II (Reprint Edition 2008)
I. Please modify/introduce the detailed head under Sub Major Head 11 (erstwhile Demand No. 13/Abstract O) as under:
| Minor Head | Sub Head | Detailed Head |
| 100 Govt. Contribution for Defined Contribution Pension Scheme | 110 Govt Contribution for Defined Contribution Pension Scheme and Interest | 111 Government Contribution for Defined Contribution Pension Scheme.112 Interest on delayed/non-deposit of NPS Contribution |
II. Please introduce the following new Primary Unit for booking interest on delayed/ Non-deposit of N PS contributions under Revenue classification.
| 54 | Interest on delayed/non-deposit of NPS contribution |
III. Please introduce the following new Primary Unit for booking interest on delayed/ Non-deposit of NPS contributions under Capital classification.
| 54 | Interest on delayed/non-deposit of NPS contribution |
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Note:
i. Expenditure on interest on delayed/non-deposit of NPS contributions in case of Capital portion (Construction and Production Units) establishment shall be booked to Primary Unit 54 - Interest on delayed/ non-deposit of NPS contributions under expenditure head to which Government Contribution to Defined Pension Scheme is being charged .
ii. Expenditure on interest on delayed/non-deposit of NPS contributions under Major Head 3001 (erstwhile Demand No. 1& 2) will be booked under Primary Unit 54 - Interest on delayed/ non-deposit of NPS contributions.
(Authority : Boa rd's Letter No. 2019/ AC-11/21/6 dated 05.09.2019)
Source: Railway Board
[http://www.indianrailways.gov.in/railwayboard/uploads/directorate/accounts/downloads/Compendium_2019/RBA_78_ACII_2019.pdf]