Friday, February 28, 2014

Expected DA from Jul 2014 - AICPIN for Jan 2014

Expected DA from Jul 2014 - AICPIN for Jan 2014 All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237 Consumer Price Index Numbers For Industrial Workers (CPI-IW) January 2014 According to a press release issued by the Labour Bureau, Ministry of Labour & Employment the All-India CPI-IW for January, 2014 declined by 2 points and pegged at 237(two hundred and thirty Seven)....

7th Central Pay Commission Terms of Reference - Cabinet approved ToR of 7th CPC

7th Central Pay Commission Terms of Reference - Cabinet approved ToR of 7th CPC 7th Central Pay Commission The Union Cabinet today gave its approval to the Terms of Reference of 7th Central Pay Commission (CPC) as follows:-a) To examine, review, evolve and recommend changes that are desirable and feasible regarding the principles that should govern the emoluments structure including pay, allowances...

Cabinet Approves Merger of DA with Basic Pay

Cabinet Approves Merger of DA with Basic PayThe Cabinet today approved merger of 50% dearness allowance of Central government employees and pensioners with their basic pay.However, it has deferred a decision on anti-corruption ordinances and Forward Contract Regulation (Amendment) Act. A special Cabinet meeting is likely tomorrow to take call on these ordinances.Source: www.business-standard.c...

Whether Cabinet Approved Merger of DA with Basic Pay today(28.2.2014)..?

Whether Cabinet Approved Merger of DA with Basic Pay today(28.2.2014)..?One of the leading news media ‘IBN Live‘ reported that “the Union Cabinet approved a hike in dearness allowance (DA) to 100 per cent from existing 90 per cent benefiting 50 lakh Central government employees and 30 lakh pensioners. The DA hike though, will not be merged with the basic pay“. On the other side, one of the popular...

CABINET COMMITTEE APPROVED 10% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS

CABINET COMMITTEE APPROVED 10% DEARNESS ALLOWANCE HIKE FOR CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERSThe Union Cabinet today approved to increase in  Dearness Allowance by 10% to Central Government employees. The rate of Dearness allowance shall be enhanced from the existing rate of 90% to 100%. Revised rates effective from 1.1.2014. Finance Ministry will publish detailed orders regarding...

Government approves Rs 1,000 min monthly pension under EPS-95

Government approves Rs 1,000 min monthly pension under EPS-95 Government today approved the proposal to ensure Rs 1,000 minimum monthly pension under a scheme of retirement fund body EPFO that would immediately benefit 28 lakh pensioners. The decision to provide the entitlement under Employees' Pension Scheme-95, run by the Employees' Provident Fund Organisation, was taken by the Union Cabinet...

Cabinet likely to accept minimum pension Rs.1000 per month

Cabinet likely to accept minimum pension Rs.1000 per monthAccording to media news, Union cabinet may accept the proposal to ensure Rs.1000 minimum monthly pension under the pension scheme run by retirement fund body EPFO.Acceptance of this agenda, immediately benefit goes to more than 28 lakh pensioners and 5 lakh widows in Indi...

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