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Posted under Other News on 20 Jun,17 10:22p.m.
After the Centre announced Seventh Pay Commission allowances to nearly five million central government staff last year, a similar pay bonanza now awaits a large section of officers and workers employed at the central public sector enterprises (CPSEs).Of the total 244 operating CPSEs, only 100 enterprises could be eligible for pay revision though as they meet the “affordability criteria” suggested ....
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Posted under Other News on 20 Jun,17 1:10p.m.
The central government has undertaken an exercise to review the service records of about 67,000 employees to identify non-performers. The list includes Indian Administrative Service (IAS) and Indian Police Service (IPS) officers. The review exercise is a part of the government’s efforts to further improve the service delivery and governance system. A senior official in the department of personnel ....
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Posted under Other News on 24 May,17 10:11p.m.
As many as 129 government officers have been forced to retire in past few months in public interest for being non-performers, Union minister Jitendra Singh said today. The action is part of review being done by the central government to check deadwood of its workforce. "A total of 30 Group A officers and 99 Group B officers (total 129) have been sent on retirement in past few months," he said....
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Posted under Other News on 02 Apr,17 10:41p.m.
No.NC/JCM/2017 Dated: March 30, 2017All Constituents of theNC/JCM(Staff Side)Dear Comrades!Sub: Brief of the meeting held with the Cabinet SecretaryI met the Cabinet Secretary on 28th March, 2017 and shown anguish about the inordinate delay in resolution of long pending demands of the Central Government Employees, and subsequently handed him over a letter on the subject matter on the&nbs....
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Posted under Other News on 20 Mar,17 7:38p.m.
The salary revision for four lakh CPSE executives will likely take place in July with retrospective effect from January 1, 2017, and is expected to cost R8,000 crore/year, sources told FE. These pay hikes are expected to be followed by a wage revision for over 8 lakh workers which would cost the CPSEs another R12,000 crore in a year, they added.The salary revision exercise, based on the recommenda....
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Posted under Other News on 09 Mar,17 10:41p.m.
Regulator PFRDA today said funds transferred from provident fund account to National Pension System (NPS) account will not attract any tax. "The amount so transferred from recognised Provident Fund/Superannuation Fund to NPS is not treated as income of the current year and hence not taxable," it said while specifying procedure for effecting transfers. Also, the transferred recognised provident fun....
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Posted under Other News on 09 Mar,17 10:36p.m.
The pensions fund regulator Pfrda wants government to more than treble investment levels in equity markets by government subscribers under the National Pension System (NPS) up to 50 per cent from 15 per cent now.The regulator has sent a proposal to government seeking to allow government subscribers (state and Central government employees) invest up to 50 per cent in equities under the NPS, Pension....
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Posted under Other News on 09 Mar,17 4:18p.m.
The norms for withdrawal of General Provident Fund (GPF) have been relaxed, the new norms will enable them to receive payments within 15 days.Employees can now withdraw the fund for select purposes after completing 10 years of service, as against the previous stipulation of minimum 15 years of service.The GPF can be taken for education – including primary, secondary and higher education, covering ....
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