Highlights of the 6th Central Pay Commission The Union Cabinet today gave its approval for implementation of the recommendations of the Sixth Central Pay Commission. The revised pay scales will come into effect from 1/1/2006 and revised rates of allowances from 1/9/2008. The Cabinet has also decided that arrears will be paid in cash in two instalments – first instalment of … [Read more...] about Highlights of the 6th Central Pay Commission
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7th Pay Commission Pay – Impact of Flat CPI (IW) Aug 2014 to Dec 2014
7th Pay Commission Pay – Impact of Flat CPI (IW) Aug 2014 to Dec 2014 Needless to say, news and developments on 7th Pay Commission are foremost things that draw the attention of Central Government Employees and Pensioners nowadays. As the commission’s regular time frame for submission of report is getting completed in less than 11 months, employees and pensioners hope for … [Read more...] about 7th Pay Commission Pay – Impact of Flat CPI (IW) Aug 2014 to Dec 2014
Dearness Relief payable for the period February, 2015 to July 2015
Dearness Relief payable for the period February, 2015 to July 2015 to (a) surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.1986 retirees who are in receipt of Ex-gratia Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/D/G2/2014-15/1279 31st January 2015 Designated Officers of all Nationalised Banks and Associate Banks of … [Read more...] about Dearness Relief payable for the period February, 2015 to July 2015
Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2015
Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2015. Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/76/D/2014-15/1277 31st January, 2015 All Members of the Association (Designated Officers) Dear Sirs, Dearness Allowance for Workmen and Officer Employees in banks for the months of … [Read more...] about Dearness Allowance for Workmen and Officer Employees in banks for the months of February, March & April 2015
DA for Bank Employees – Circular issued by IBA
DA for Bank Employees – Circular issued by IBA IBA issued circulars regarding increasing the Dearness allowance for bank employees from February to April 2015 and Dearness relief for bank pensioners from Feb to July 2015 Click here to download the IBA circular of DA for employees Click here to download the IBA circular of DR for pensioners. Click here to download the … [Read more...] about DA for Bank Employees – Circular issued by IBA
Expected Dearness Allowance: Two More Instalments for the tenure of 6th Pay Commission
Expected Dearness Allowance: Two More Instalments for the tenure of 6th Pay Commission Expected or Additional Dearness Allowance: Two More Instalments for the tenure of 6th Pay Commission i.e., July 2015 and Jan 2016. After releasing the CPI(IW) for the month of December 2014, the second instalment of additional Dearness Allowance for the year of 2014 is … [Read more...] about Expected Dearness Allowance: Two More Instalments for the tenure of 6th Pay Commission
Merger of DA is just a Distant Mirage
Merger of DA is just a Distant Mirage Almost all the Federations adopted the resolution in their Meetings and submitted Memorandum to Central Government and 7th pay commission for merger of 50% DA with Basic Pay. The matter has been raised in Parliament several occasions, but until now the central government, whether it is NDA or UPA – not ready to accept this demand. The … [Read more...] about Merger of DA is just a Distant Mirage
Dearness Allowance from January 2015 will be 113%
Dearness Allowance from January 2015 will be 113% The Expectation is over now, after the Labour Bureau released the AICPIN for the Month of December 2014 on 30th January 2015. From the Month of August 2014, the consumer price Index numbers for Industrial Workers remained same at 253. As we told in the previous post on “expected dearness allowance from January 2015” that if … [Read more...] about Dearness Allowance from January 2015 will be 113%
6% hike in DA/DR from January, 2015 is Final: December, 2014 AICPIN released
6% hike in DA/DR from January, 2015 is Final: December, 2014 AICPIN released The 6% hike in DA/DR from January, 2015 with total 113% is now FINAL after release of December, 2014 AICPIN. All Central Government Employees & Pensioner are now eligible to get 6% hike in current DA/DR which is 107%. All India Consumer Price Index Number (AICPIN) for Industrial Worker is … [Read more...] about 6% hike in DA/DR from January, 2015 is Final: December, 2014 AICPIN released
Expected DA Jan 2015 is now confirmed to hike by 6% – AICPIN for Dec 2014 released…
AICPIN for December 2014 – No change and stands at 253 Labour Bureau just now released the index of CPI(IW) for the month of December 2014. The index is remained stationary at 253. As we expected earlier, the expected dearness allowance from january 2015 is now confirmed to hike by 6% only. And AICPIN for the month of January 2015 will be published on 27th February … [Read more...] about Expected DA Jan 2015 is now confirmed to hike by 6% – AICPIN for Dec 2014 released…
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