Revision of flat rate of licence fee (Standard Rent) for residential accommodation all Indian Railways w.e.f. 01.07.2010, 01.07.2013 and 01.07.2016



GOVERNMENT OF INDIA(BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

No. F(X)I-2002/11/2

New Delhi, dated 11.03.2019

As per standard Lists-I, II & III

Sub.: Revision of flat rate of licence fee (Standard Rent) for residential accommodation all Indian Railways w.e.f. 01.07.2010, 01.07.2013 and 01.07.2016 – reg.

The flat rates of licence fee (Standard Rent) for residential accommodation over the Indian Railways were revised w.e.f. 01.07.2010, 01.07.2013, and 01.07.2016 and notified vide Board’s letter number of even number dated 26.12.2018 retrospectively.

2.In light of various representations received, Full Board have, inter alia, considered the issue of non-recovery of the arrears on quarter rent from 01.07.2010 to 30.06.2016 and decided the followings :-

(i) Actual recoveries of revised flat rates of licence fee (Standard Rent) be effected only from 01.07.2016 and it has also been brought out that in effect this implies write-off of a significant amount between 01.07.2010 to 01.07.2016.

(ii) A general norm of 10% increase in licence fee effective from 1st July every year (first such increase is due w.e.f. 01.07.2017 and thereafter as on 01.07.2018 retrospectively and so on over the existing licence fee as on 30th June of the each year) be effected to ensure earlier recoveries of enhanced licence fee till further revision.

3.All other terms and conditions mentioned, in Board’s letter of even no dated 26.12.2018 will continue.

4.Immediate action may please be taken to give effect to these orders and compliance may be reported.

5.Receipt of this letter may please be acknowledged.

(Rohit Parmar)
Director, Finance (Exp.) – I
Railway Board


Source:RAILWAY BOARD

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