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Posted under News on 18 Sep,14 10:16p.m.
Finance Ministry have issued the order enhancing the dearness allowance from the existing rate of 100% to 107% with effect from 1st July, 2014.....
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Posted under News on 17 Sep,14 10:14a.m.
The Ministry of Finance have issued the office memorandum granting the non-productivity linked bonus (Ad-hoc bonus) for the year 2012-13. The Central Government employees in Groups ‘C’ and ‘D’ and all non-gazetted employees in Group ‘B’, who are not covered by any Productivity Linked Bonus Scheme will be eligible for the ad-hoc bonus. The calculation ceiling for payment of ad-hoc Bonus under these....
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Posted under News on 17 Sep,14 7:02a.m.
The Government is working out on proposals to shut down some loss-making state-owned companies. The central government still owns about 260 firms and thousands more at the state level, involved in activities ranging from generating nuclear power to making condoms.On Tuesday, Cabinet Secretary Ajit Seth had called a meeting of top officials to consider what to do with the 10 firms that make the big....
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Posted under News on 13 Sep,14 12:26p.m.
The Home Minister Rajnath Singh said that the demand for granting one-rank one-pension to paramilitary personnel would be considered. The Home Minister's assurance came during an interaction with jawans of Border Security Force during a visit to the frontier district of Kutch along the India-Pakistan border. The Minister also addressed some BSF jawans live through BISAG and interacted with them. S....
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Posted under News on 08 Sep,14 9:08p.m.
The Finance Ministry is likely to give its concurrence next week to retirement fund body EPFO's trustees' decision to provide 8.75 percent rate of interest on PF deposits to over five crore subscribers this fiscal."It has been almost two weeks since the trustees decided to pay 8.75 percent. The Finance Ministry is most likely to give its concurrence next week to the decision as payment of 8.75 per....
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Posted under News on 06 Sep,14 6:52p.m.
The central government has decided to amend the Lokpal and the Lokayukta Act to give itself a statutory power to withhold certain information from the public. All Central staff were required to declare their assets and liabilities, both movable and immovable, as well as those of their spouses and dependents latest by September 15. All these information would then be put up by the respective m....
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Posted under News on 05 Sep,14 6:27a.m.
The Union Cabinet have approved the grant of 7 per cent additional Dearness Allowance (DA) to Central Government employees. It also approved Dearness Relief (DR) for pensioners. Both DA and DR will become effective from July 1, 2014. With this the DA and DR will be at 107%This is an increase of 7 per cent over the existing rate of 100 percent of the Basic Pay/Pension to compensate for price rise, ....
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Posted under News on 02 Sep,14 10:44p.m.
In a step aimed at checking harassment of government employees in grant of pension, a head of office will now be responsible for any failure to ascertain non-qualifying service period and will undertake preparation of paper work one year before an employee is due to retire.According to new pension rules notified by the government, retiring employees will not have to face any delay in determination....
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