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Showing posts from October, 2012

Cabinet approves 2300 crore for meeting demands of ex-servicemen including OROP

The Union Cabinet has approved the recommendations of the Committee headed by Cabinet Secretary for benefits to ex-servicemen on four issues. The financial implications of the improvements made as per the Cabinet decision on the four items are broadly estimated at Rs.2300 crore per annum. The details are as follows:I. One Rank One Pension:On One Rank One Pension, the demand of the Defence Force .... read more...

Amendment in Employees Provident Fund

In exercise of the powers conferred by section 5, read with sub-section (1) of section of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952). the Central Government hereby makes the following Scheme further to amend the Employees’ Provident Funds Scheme, 1952, namely: http://www.staffcorner.com/view.html?id=341001

Railway non-gazetted employees likely to get 78 day PL Bonus

The railways is likley to announce 78-day wages as bonus for its employees for the year 2011-12. “The proposal for declaring 78-day productivity linked bonus (PLB) for railway employees is being finalised and it would be taken up by the Cabinet on October 18 for a final decision. http://www.staffcorner.com/view.html?id=317001

Railway Ministry requests Finance Ministry to increase IT exemption for TA upto 3200 + DA

GOVERNMENT OF INDIAMINISTRY OF RAILWAYSRAILWAY BOARDNo. F(X) I-2012/23/9New Delhi, Dated: 10.10.2012.OFFICE MEMORANDUMSub:-Exemption of Transport Allowance from the purview of Income Tax -Enhancement of exemption limit from Rs.800 to Rs.3200 plus D.A. thereon.   The undersigned is directed to draw the attention of the Ministry of Finance (Department of Revenue) Central Board of Dir .... read more...

ACPS for the CG Civilian Employees regarding

The undersigned is directed to invite reference to the Department of Personnel & Training (DOP&Tys Office Memorandum of even number dated 09.08.1999 with regard to the Assured Career Progression Scheme for the Central Government Civilian Employees. Pa …. http://www.staffcorner.com/view.html?id=297003

Non-Productivity Linked Bonus order issued

The Department of Expenditure, Ministry of Finance has issued office memorandum regarding the grant of non-productivity linked bonus (ad-hoc bonus) to the central government employees for the year 2011-12. The bonus will be equivalent to 30 days emoluments for the accounting year 2011-12 to the Central Government employees in Groups 'C' and 'D' and all non-gazetted employees in Group 'B', who are .... read more...

NPS : Cabinet approves amendmended PFRDA Bill with option of Minimum Assured Return

The union cabinet today approved the introduction of certain official amendments to the Pension Fund Regulatory and Development Authority (PFRDA) Bill, 2011 that allows the subscriber seeking minimum assured returns to opt for investing his funds in such schemes providing minimum assured returns as may be notified by the Authority.These official amendments have been necessitated in view of the rec .... read more...

Cabinet approves hike in risk, hospital care allowance

The cabinet today approved revision of rates of Hospital Patient Care Allowance and Patient Care Allowance and Risk Allowance entitled central government employees. The rates are to double from existing rates with effect from September 1, 2008The revision of the risk allowance given to central government employees engaged in hazardous duties across the country will result in conside .... read more...