FinMin asks banks to hire retired staff to deal with cash rush New Delhi: The finance ministry today asked banks to consider engaging retired employees to deal with the unprecedented rush for exchange of invalid currency notes and ease pressure on existing staff. In a letter written to Indian Banks’ Association (IBA), the financial services department of the finance … [Read more...] about FinMin asks banks to hire retired staff to deal with cash rush
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Search Results for: finmin
Last date for using Old High Denomination notes extended till 14.11.2016 – Finmin Orders
Last date for using OHD notes extended till 14.11.2016 - Finmin Orders Press Information Bureau Government of India Ministry of Finance 11-November-2016 19:14 IST Government extends existing exemptions with regard to cancellation of the legal tender character of the existing series of high denomination bank notes of Rs.500 and Rs.1,000 denominations until the expiry of … [Read more...] about Last date for using Old High Denomination notes extended till 14.11.2016 – Finmin Orders
FinMin warns tax officials of action against GST protest
FinMin warns tax officials of action against GST protest New Delhi: In the run-up to GST rollout, the finance ministry has warned tax officials of disciplinary action if they go ahead with planned protests, including taking mass casual leave, on the budget day. The All India Association of Central Excise Gazetted Executive Officers is opposed to any assessee of … [Read more...] about FinMin warns tax officials of action against GST protest
Advances for Medical Treatment, TA on Tour or Transfer and LTC are retained: Finmin Orders
Advances for Medical Treatment, Travelling Allowance for family of deceased, Travelling Allowance on tour or transfer and Leave Travel Concession shall be retained Grant of advances: Seventh Pay Commission recommendations: Amendment to Rules of Compendium of Rules on Advances to Government Servants. No.12(1)/E.II(A)/2016 Government of India Ministry of Finance Department … [Read more...] about Advances for Medical Treatment, TA on Tour or Transfer and LTC are retained: Finmin Orders
7th CPC Pay Fixation and Grant of Increment in revised pay structure: Finmin Clarification
7th CPC Pay Fixation and Grant of Increment in revised pay structure : Finmin issued clarification orders on 29.9.2016 Fixation of pay and grant of increment in the revised pay structure : clarifications : regarding. No.1-6/2016-IC(Pt.) Government of India Department of Expenditure Implementation Cell Room No.214, The Ashok, New Delhi Dated the 29th September, … [Read more...] about 7th CPC Pay Fixation and Grant of Increment in revised pay structure: Finmin Clarification
FinMin issues instructions for Budget 2017-18
FinMin issues instructions for Budget 2017-18 New Delhi: With Centre deciding to advance Budget 2017-18 presentation by about a month, the Finance Ministry has come out with comprehensive instructions for different ministries for completion of the exercise. The instructions were issued following the Cabinet decision to merge rail and general budgets, do away … [Read more...] about FinMin issues instructions for Budget 2017-18
Clarification on Stagnation Increment in 7th CPC – Finmin on 7.10.2016
Revision of pay of employees stagnating at the maximum of the Pay Band and Grade Pay or scale in pre-revised structure under Central Civil Services (Revised Pay) Rules, 2016. No.1-6/2016-IC Government of India Department of Expenditure Implementation Cell Room No.214, The Ashok, New Delhi Dated the 7th September,2016 OFFICE MEMORANDUM Subject: … [Read more...] about Clarification on Stagnation Increment in 7th CPC – Finmin on 7.10.2016
Enhancement of Bonus Ceiling for CG Employees – Finmin issued Orders on 29.8.2016
Grant of Productivity Linked Bonus (PLB) and non-productivity Linked Bonus (Ad-hoc bonus) in case of Central Government employees for the accounting year 2014-15 – enhancement of the calculation ceiling- Regarding. No.7/4/2014-E-IIIA Government of India Ministry of Finance (Department of Expenditure) North Block, New Delhi Dated the 29th August, 2016 Office … [Read more...] about Enhancement of Bonus Ceiling for CG Employees – Finmin issued Orders on 29.8.2016
FinMin seeks status report on pay revision talks from public sector banks
FinMin seeks status report on pay revision talks from public sector banks New Delhi: Keen to close pay negotiations in public sector banks by November 1, 2017, the Finance Ministry has asked the lenders to present status report on salary hike talks with their employee unions. The chief executives of PSBs have been asked to intimate the ministry about “the present … [Read more...] about FinMin seeks status report on pay revision talks from public sector banks
FinMin sets up panel to suggest steps to promote card payments
FinMin sets up panel to suggest steps to promote card payments New Delhi: With an aim to discourage cash transactions, the Finance Ministry has set up a high-level committee to suggest steps to promote card payments through incentives like tax rebates and cash back schemes. The 11-member committee, headed by former Finance Secretary Ratan P Watal, will recommend … [Read more...] about FinMin sets up panel to suggest steps to promote card payments
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