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Posted under News on 14 May,16 2:38p.m.
Relaxing norms, the Centre today allowed its lakhs of employees to take advance money four months ahead of commencing journey under Leave Travel Concession (LTC) rules. A government employee gets reimbursement of tickets for to and fro journey, in addition to leaves, when he avails LTC. The existing rules allow an employee to draw advance for LTC journey for himself and his family member....
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Posted under News on 13 May,16 1:34p.m.
The central government employees lead by the National Council (Staff Side) Joint Consultative Machinery would like to have more say in the way their monthly salaries and allowances are shaped up by the Empowered Committee of Secretaries. The Union Cabinet had, on January 13, given approval for setting up an empowered committee of Secretaries under the Cabinet Secretary to process the recommendatio....
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Posted under News on 11 May,16 12:26a.m.
With each passing day, the picture of higher monthly payout for central government employees, than what was recommended by the 7th Pay Commission, is emerging clear.In a meeting with the BJP's labour wing Bharatiya Mazdoor Sangh, Jitendra Prasad, Union Minister of State for Personnel, Public Grievances, Pensions, told the delegation that government would positively look into the demand of the cent....
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Posted under News on 09 May,16 8:41p.m.
Government is working on a scheme to provide low-cost housing for retirement fund body EPFO subscribers. This was informed in Lok Sabha by Labour Minister Bandaru Dattatreya.The minister was replying to a question whether the government or the EPFO has introduced/proposes to introduce a scheme to allow its subscribers to pledge their future PF contribution to buy low-cost houses.Last year, the pro....
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Posted under News on 02 May,16 1:24p.m.
This news will surely come like an icing on the cake for the central government employees.As per media reports, a secretaries group is ready with its review on 7th Pay Commission. But it will submit its report once the elections get over.The surprise element in the secretaries group review report is that it has pushed for higher pay than the recommendation made by the 7th Pay Commission.Reports sa....
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Posted under News on 29 Apr,16 7:11p.m.
Giving in to pressure from trade unions, the finance ministry has agreed to increase interest rate on provident fund deposits to 8.8 per cent from the 8.7 per cent decided by it earlier.The rollback comes after the Finance Ministry and the Labour Ministry were locked in an intense tussle over the rate of interest on EPF deposits for 2015-16 with the former pegging the rate at 8.7 per cent, 10 basi....
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Posted under News on 29 Apr,16 12:43p.m.
The finance ministry will notify the interest rate of 8.7% for employees’ provident fund (EPF) subscribers for the 2015-16 fiscal despite concerns raised by the labour ministry.As reported earlier, North Block had, notwithstanding the EPFO’s Central Board of Trustee’s (CBT) recommendation of 8.8% return for EPF subscribers, decided to offer them only 8.7%.“The finance ministry’s decision is likely....
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Posted under News on 28 Apr,16 9:01p.m.
Government is all set to implement recommendations of Seventh Pay Commission. Reportedly, the notification for the 'increment process' will be issued in the month of June.It is being believed that Centre will issue notification most likely in the third week of June after Cabinet's nod to the recommendations of pay Commission. A Finance Ministry sources was quoted by a news website as saying, "But ....
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