Grant of 30% HRA to staff working Umdanagar, Medchal and Gundlapochampally on par with the staff working in GHMC limits. GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) No. E(P&A)II-2012/HRA-1 New Delhi, dated 18.9.2015. The General Manager (P), South-Central Railway, Secunderabad Sub:- Grant of 30% HRA to staff working Umdanagar, Medchal and … [Read more...] about Grant of 30% House Rent Allowance to employees working Umdanagar, Medchal and Gundlapochampally
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Government pulls up ministries on pension delay issue, sets October 15 deadline for report
Government pulls up ministries on pension delay issue, sets October 15 deadline for report NEW DELHI: The government has raised objections to delay in starting pensions to retiring officials because their respective departments fail to issue a certificate validating the service five years before they actually retire. All ministries have now been asked to study the … [Read more...] about Government pulls up ministries on pension delay issue, sets October 15 deadline for report
New Pension Scheme (NPS) v/s Old Pension Scheme
NPS is far beneficial than Government Pension – Comparison of New Pension Scheme (National Pension Scheme) and Central Government Pension The Central Government employees who have joined after 1/1/2004 and are put under National Pension Scheme (NPS) have been demanding abolition of NPS and have been persuading the Central Government to make the government pension scheme … [Read more...] about New Pension Scheme (NPS) v/s Old Pension Scheme
Grant of Night Duty Allowance on the basis of Actual Salary
Grant of Night Duty Allowance on the basis of Actual Salary – BPMS writes to OFB BHARATIYA PRATIRAKSHA MAZDOOR SANGH (AN ALL INDIA FEDERATION OF DEFENCE WORKERS) (AN INDUSTRIAL UNIT OF B.M.S.) (RECOGNISED BY MINISTRY OF DEFENCE, GOVT. OF INDIA) REF: BPMS / OFB / NDA / 200 (8/2/L) Dated: 14/09/2015 To, The DDG (IR), Ordnance Factory Board, 10 A, S.K.Bose Road, Kolkata … [Read more...] about Grant of Night Duty Allowance on the basis of Actual Salary
Seventh Pay Commission: Employees’ delight, government’s despair
Seventh Pay Commission: Employees’ delight, government's despair New Delhi: The Seventh Pay Commission report is awaited, the new pay scales will be applicable to Central government employees with effect from January 2016. 50 lakh central government employees and 56 lakh pensioners including dependents hope to get this gift from April next year. The revised pay scales are … [Read more...] about Seventh Pay Commission: Employees’ delight, government’s despair
NPS returns are market linked – Tax Benefit on NPS
NPS returns are market linked An investor within the scheme has an option to choose funds based on her level of safety and risk in addition to choosing her own fund manager The National Pension System (NPS) has been advertising a lot about the new tax deduction of Rs.50,000 for tax payers. I wanted to know more about the new deduction under section 80CCD(1)(b). Is this … [Read more...] about NPS returns are market linked – Tax Benefit on NPS
Full Pension on less than 30 years & more than 20 years of Qualifying Service for Pre-2006 pensioners
FULL PENSION FOR THOSE WITH LESS THAN 30 YEARS but MORE THAN 20 YEARS QS In view of the fact that review Petition filed by UOI RP (C) NO. 2565/2015 in SLP (C) No. 6567/2015 UOI Vs M.O. Inasu dismissed by HSC on 28.8.2015, and Following file notings of DOPW (obtained under RTI) let us hope DOP&PW will now issue necessary instructions extending benefit of full min. pension … [Read more...] about Full Pension on less than 30 years & more than 20 years of Qualifying Service for Pre-2006 pensioners
FAMILY PENSION IN NPS
FAMILY PENSION IN NPS Family Pension for NPS Employees – A report states that between April 1994 and April 2004, more than 50 lakh youths joined Government Services. However, the same dropped to around 33 Lakhs after April 2004. Experts blame the Governments’ decision to abolish pension for this, which forced the youths to move towards the corporate sector. The 33 lakh … [Read more...] about FAMILY PENSION IN NPS
Non compliance of instructions for payment of Defence Pension
Non compliance of instructions for payment of Defence Pension O/o the Principal Controller of Defence Accounts (Pensions) Draupadi Ghat Allahabad-211014 Circular No.180 No. AT/Tech/256-V Dt. 14.08.2015 To The CMD All Public Sector Bank (Including three Private Sector Banks viz Axis Bank, ICICI Bank & HDFC Bank) Sub: Non compliance of instructions … [Read more...] about Non compliance of instructions for payment of Defence Pension
Separate counters to women passengers for buying train tickets
Separate counters to women passengers for buying train tickets Facilities for Women Passengers for buying Train Tickets at Reservation Counters Ministry of Railways has been providing special facilities to women passengers for conveniently buying tickets at railway reservation counters. The Ministry has further elaborated facilities as follows: – (a) At computerized … [Read more...] about Separate counters to women passengers for buying train tickets
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