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Posted under Other News on 10 Dec,18 9:47p.m.
The Finance Ministry today announced that the contribution made by the central government employees under the Tier-II of the National Pension System (NPS) will now be eligible for deduction under section 80C of the Income Tax Act. Earlier, this deduction was available only for investments in TIER-I account of NPS scheme. Post this announcement, the contribution made to Tier-II account will be elig....
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Posted under Other News on 04 Dec,18 11:37p.m.
The government has rejected a long-standing demand of the armed forces for higher Military Service Pay (MSP) for over 1.12 lakh military personnel including Junior Commissioned Officers of the Army, official sources said on Tuesday.They told PTI that the Army headquarters is "very anguished" over the decision by the Finance Ministry, and will seek its immediate review.Around 1.12 lakh military per....
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Posted under Other News on 16 Oct,18 5:33p.m.
The government has increased the rate of interest for General Provident Fund (GPF) and other related schemes by 0.4 percentage points to 8 per cent for the October-December quarter.The rate is in line with that for Public Provident Fund.The interest rate would apply on Provident Funds of central government employees, railways and defence forces.Last month, the government announced that the interes....
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Posted under Other News on 04 Oct,18 1:28p.m.
Finance Minister Arun Jaitley on Monday announced that contributions made under the Ex-servicemen Contributory Health Scheme (ECHS) would be eligible for claiming deduction under Section 80D of the Income Tax Act from the current financial year.Jaitley also said that the decision would benefit members of the Armed forces who would join the scheme on retirement."Contributions made under Ex-servicem....
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Posted under Other News on 30 Sep,18 12:12p.m.
As many as 10 trade unions have decided to call a two-day countrywide general strike from January 8 to protest the BJP government’s “anti-people and anti-worker policies”, AITUC General Secretary Amarjeet Kaur said.The decision for the strike was announced at the National Convention of Workers in New Delhi on Friday, which was attended by workers affiliated to all major trade unions barring the RS....
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Posted under Other News on 20 Sep,18 4:43p.m.
Central government employees can fly to Jammu and Kashmir, Northeast region and the Andaman and Nicobar Islands while availing leave travel concession (LTC) allowance for two more years till September 2020, according to an official order issued Thursday. The employees get reimbursement of tickets for to and fro journey, besides paid leaves, when they avail LTC allowance. They are also allowed to t....
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Posted under Other News on 19 Sep,18 11:53p.m.
A mechanism has been put in place under which central government employees will get pension payment order (PPO) on the day of retirement, Union Minister Jitendra Singh said on Tuesday.Inaugurating the All India Pension Adalat, he said Prime Minster Narendra Modi has given directions that pensioners be provided a hassle-free administrative system to resolve their grievances.The Minister for Person....
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Posted under Other News on 13 Sep,18 2:42p.m.
The Central Administrative Tribunal (CAT) has said the widow of a deceased government servant is eligible for family pension even after remarriage.Administrative member Praveen Mahajan ordered restoration of the family pension to Delhi resident Renu Gupta, 47, wife of late Pawan Kumar Gupta, an employee of the Defence Ministry at the time of his death, saying Pawan Gupta had requested for transfer....
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