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Posted under Other News on 16 Feb,17 9:02p.m.
A section of UP Transport Corporation employees is set to move the court seeking implementation of pending 7th Pay Commission recommendations. The Central Workshop Karamchari Sangh has given a 15-day notice to the government, seeking fulfilment of their demands with immediate effect. According to a report, the union has confirmed that it would take the legal route if the government fails to act in....
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Posted under Other News on 15 Feb,17 10:47p.m.
The Union Public Service Commission chairperson has got a nearly three-fold hike in his monthly salary.President Pranab Mukherjee has cleared a proposal for the increase in salaries of the chairperson and members of the UPSC.As per the new norms, "the chairman shall receive a pay of Rs 2,50,000 and each of the other members shall receive a pay of Rs 2,25,000 per mensem"."The hike in salary was nec....
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Posted under Other News on 13 Feb,17 12:10a.m.
Nearly 2.83 lakh central government jobs are estimated to be generated by next year. This projection has been made in the Union Budget for 2017-18 presented last week by finance minister Arun Jaitley.As per the budget documents, the workforce of the central government establishments would be 35.67 lakh in 2018, about 2.83 lakh more than the actual head count of 32.84 lakh in 2016. The home ministr....
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Posted under Other News on 06 Feb,17 10:12p.m.
In some good news for defence pensioners, disbursing agencies have started releasing the Seventh Pay Commission arrears due to them. The information was shared by Union Minister of State for Defence Subhash Bhamre in a written reply to AIADMK MP M Vasanthi in Lok Sabha recently.The amount released and the number of pensioners to be benefitted from this are still being calculated. According to....
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Posted under Other News on 23 Dec,16 1:38p.m.
Interest rates on popular small savings instruments like public provident fund (PPF), Kisan Vikas Patra, Sukanya Samriddhi Account and Senior Citizens Savings Scheme are likely to fall further. The government will soon set interest rate for the January-March quarter on small savings schemes. Earlier this week, retirement fund body Employees Provident Fund Organisation (EPFO) decided to lower the i....
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Posted under Other News on 17 Dec,16 11:25p.m.
The central government employees union asked the government to settle the demands raised by NJCA regarding modifications of 7th Pay Commission recommendations as submitted in the memorandum to Cabinet Secretary on 10th December 2015. Honour the assurance given by the Union Ministers to NJCA on 30th June 2016 and 6th July 2016, especially increase in minimum wage and fitment factor. Grant revi....
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Posted under Other News on 11 Dec,16 7:33p.m.
Salaried individuals have to give details of deductions they are eligible for under the various provisions of Income Tax Laws from this year. The tax department has this year notified a new form - called Form 12BB.Employees will now have to furnish evidence of claims and tax-saving investments to their employers through Form 12BB. The practice of furnishing details of deductions to employees is no....
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Posted under Other News on 16 Nov,16 9:02p.m.
Considering the fact that Prime Minister Narendra Modi is making drastic changes in the banking system, chances are there the Income Tax will be a thing of the past. There are rumours that government is also mulling the idea of replacing existing taxation mechanism with the Banking Transaction Tax (BTT). This is one of the proposal floated by the Pune-based think-tank Arthakranti, who is claiming ....
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