Government Employees: Understanding Minimum Wages and Bonus Press Information Bureau Government of India Ministry of Labour & Employment A minimum wage is the lowest remuneration that employers may legally pay to workers or it is the price floor below which workers may not sell their labour. The concept of minimum wages first evolved with reference to remuneration of … [Read more...] about Government Employees: Understanding Minimum Wages and Bonus
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Dearness Allowance
Calculation starts for expected DA from January 2017
Expected DA Calculation starts from January 2017 People started to calculate expected DA from January 2017 as 7 Months AICPIN Points are released so far. The Labor Bureau has released Consumer Price Index Numbers for Industrial Workers for the Month of July 2016 today. Already It is confirmed that Dearness Allowance from July 2016 might be 2% as per the revised DA … [Read more...] about Calculation starts for expected DA from January 2017
Cabinet gives ex post facto approval to enhancement of Pension for Freedom Fighters
Cabinet gives ex post facto approval to enhancement of Pension for Freedom Fighters The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex post facto approval to enhancement of Pension for Freedom Fighters and for the spouses (widows/widowers), eligible daughters and dependent parents of deceased Freedom Fighters, under the Swatantrata Sainik … [Read more...] about Cabinet gives ex post facto approval to enhancement of Pension for Freedom Fighters
Future computation of Dearness Allowance and adoption base index figure to Revised Minimum Wage 7th CPC DA Calculation
Future computation of Dearness Allowance and adoption base index figure to Revised Minimum Wage – Regarding “The next instalment of DA, which has become due as on 1.07.2016 if computed on the above basis of 260.46, shall work out to 3.28%. On ignoring the faction, the DA with effect from 01.07.2016 shall be 3%. We, request you to kindly take the above into account and issue … [Read more...] about Future computation of Dearness Allowance and adoption base index figure to Revised Minimum Wage 7th CPC DA Calculation
AICPIN for the month of July 2016 – 2% DA for the month of July 2016
2% DA for the month of July 2016 - AICPIN for the month of July 2016: No. 5/1/2016-CPI GOVERNMENT OF INDIA MINISTRY OF LABOUR & EMPLOYMENT LABOUR BUREAU CLEREMONT, SHIMLA-171004 DATED: 31st August, 2016 Press Release Consumer Price Index for Industrial Workers (CPI-IW) — July, 2016 The All-India CPI-IW for July, 2016 increased by … [Read more...] about AICPIN for the month of July 2016 – 2% DA for the month of July 2016
Clean up the employees pension scheme
Clean up the employees’ pension scheme Though a majority of organised workers are covered under the Employees’ Pension Scheme (EPS) 1995, there is still very low transparency level. Many readers might not have even heard about it because EPS is not a separate scheme. It is just an add-on to the Employee Provident Fund (EPF) scheme and all EPF members also … [Read more...] about Clean up the employees pension scheme
Himachal state government announced release of 6 percent additional DA to employees and pensioners
6 per cent hike in DA for Himachal govt employees, pensioners Shimla/Dharamshala: Himachal Pradesh Chief Minister Virbhadra Singh today announced release of six per cent additional DA to employees and pensioners of the state government with effect from January 1 this year, which would cost Rs 330 crore more to the state exchequer annually. Presiding over the state-level … [Read more...] about Himachal state government announced release of 6 percent additional DA to employees and pensioners
Implementation of the recommendations of 7th CPC – Fitment Factor and Pay Fixation for Running Staff
Implementation of the recommendations of 7th CPC – Fitment Factor and Pay Fixation for Running Staff NFIR National Federation of Indian Railwaymen 3, CHELMSFORD ROAD, NEW DELHI – 110 055 Affiliated to : Indian National Trade Union Congress (INTUC) International Transport Workers’ Federation (ITF) No. IV/NFIR/7CPC(Imp)/2016/R.B. Dated: 04/08/2016 The Secretary … [Read more...] about Implementation of the recommendations of 7th CPC – Fitment Factor and Pay Fixation for Running Staff
A miserable 2 per cent – ARTICLE BY SRI. VINODH RAI ON 7TH CPC
A miserable 2 per cent – ARTICLE BY SRI. VINODH RAI ON 7TH CPC Former comptroller and auditor general, Rai is chairman of Banks Board Bureau. On June 30, headlines across newspapers were on the Union government having approved the Seventh Pay Commission recommendations. The Economic Times headline read, “Central staff hit pay dirt: An early Diwali”. The newspaper said the … [Read more...] about A miserable 2 per cent – ARTICLE BY SRI. VINODH RAI ON 7TH CPC
7th Pay Commission: Retired central govt employees to get minimum pension Rs 9,000
7th Pay Commission: Retired central govt employees to get minimum pension Rs 9,000 New Delhi: Retired central government employees will now get a minimum pension of Rs 9,000, up 157.14 per cent from the current Rs 3,500, following the implementation of the 7th Pay Commission’s recommendations. The Department of Pension and Pensioners’ Welfare under the Ministry … [Read more...] about 7th Pay Commission: Retired central govt employees to get minimum pension Rs 9,000
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