Clarification by Railway Board: Reckoning of 30% pay element for the purpose of payment towards leave encashment upto 10 days to running staff GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) RBE No. 10 /2015. No.E(P&A)II-2011/RS-20 New Delhi, dated 12.02.2015 The General Managers, All Indian Railways & Prod. Units etc. (As per mailing lists … [Read more...] about Clarification by Railway Board: Reckoning of 30% pay element for the purpose of payment towards leave encashment upto 10 days to running staff
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Basic Pay
NMC urges FM to raise IT exemption limit to Rs 5 lakh, exclude DA from IT calculation, Merge DA in Basic Pay & Pension etc
NMC urges FM to raise IT exemption limit to Rs 5 lakh, exclude DA from IT calculation, Merge DA in Basic Pay & Pension etc The National Mazdoor Conference today asked Union Finance Minister Arun Jaitley to raise the income tax exemption limit to Rs 5 lakh. "We urged Union Finance Minister to raise the Income Tax exemption limit to Rs five lakh," National Mazdoor … [Read more...] about NMC urges FM to raise IT exemption limit to Rs 5 lakh, exclude DA from IT calculation, Merge DA in Basic Pay & Pension etc
Did you know how the 6th CPC Multiplication Factor of 1.86 was derived?
Did you know how the 6th CPC Multiplication Factor of 1.86 was derived? The 6th Pay Commission had recommended a Multiplication Factor of 1.74, but the Central Government chose to change it to 1.86. One of the reasons for this modification was the intense pressure from various Federations of Central Government Employees. It has to be mentioned at this point that all the … [Read more...] about Did you know how the 6th CPC Multiplication Factor of 1.86 was derived?
Estimation of Basic Pay and DA after 50% DA Merger
Estimation of Basic Pay and DA after 50% DA Merger What will be the difference in Basic Pay and DA after 50% DA Merger ? An Estimation in respect of entry level pay in pay band applicable to Four Grade Pay which will fall in to each of four 6CPC revised Pay Scales PB-1, PB-2, PB-3, and PB-4 While all Central Government Employees across India are eagerly awaiting 50% DA … [Read more...] about Estimation of Basic Pay and DA after 50% DA Merger
The Payment of Wages Act 1936
The Payment of Wages Act 1936 The payment of Wages Act, 1936 is an important piece of legislation which regulates the payment of wages to employees in the industrial and other establishments, who are in respect of wages with average upto Rs.1600/- per month. It seeks to ensure timely payment of wages without any unauthorised deductions. The payment of wages (Railways) … [Read more...] about The Payment of Wages Act 1936
Arrears & Rank Pay Revision : Example & Table by PCDA
Arrears & Rank Pay Revision : Example & Table by PCDA Implementation of Hon'ble SC Judgment dated 04/09/2012 How pay has been revised on 1/1/86 A. Existing emoluments as on 1/1/86 ie Basic Pay, DA, ADA, Adhoc DA, Interim Relief I and II are added B. 20 % of Basic pay is added to it C. Pay is now fixed at next stage above total emoluments so … [Read more...] about Arrears & Rank Pay Revision : Example & Table by PCDA
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