Thursday, October 16, 2014

Additional DA declared for various State Government Employees

Additional DA declared for various State Government Employees Following the declaration of additional DA to the emloyees working in Central Government services, various state governments are implemented the same to its employees and pensioners also. The Tamilnadu Government issued orders on granting of additional DA of 7% for its employees and pensioners from 1st July 2014. Punjab Government...

7th Pay Commission visited Siachen base camp and Daulat Beg Oldie

7th Pay Commission visited Siachen base camp and Daulat Beg Oldie and spent considerable time for  interacting with soldiers and asking them about the conditions in one of the toughest areas of the world… Pay Commission team visits Siachen to get first-hand experience – India Today article The 7th Pay Commission visited forward areas in Jammu and Kashmir, including the world’s...

Dedication of Portability through Universal Account Number (UAN) for Employees Provident Fund

Dedication of Portability through Universal Account Number (UAN) for Employees Provident Fund “The minimum pension for employees has been introduced first time so that employees’ pension is not less than Rs. 1000 per month. The wage ceiling has been raised from Rs. 6500 to Rs. 15000 per month to ensure that vulnerable groups are covered under EPF Scheme”. Under the scheme complete information...

Formation of new Commissionerates following the implementation of Cadre Restructuring in CBEC

Formation of new Commissionerates following the implementation of Cadre Restructuring in CBEC The Central Board of Excise and Customs has implemented the cadre restructuring of the Indirect Taxes formations, with effect from 15th October 2014. The restructuring of formations is aimed creating larger number of compact commissionerates, by reorganizing the existing commissionerates. This shall...

Amendment in Administrative Tribunals Act – Jurisdiction of Benches of Central Administrative Tribunal

Notification under sub-section (1) of section 18 of the Administrative Tribunals Act, 1985 specifying jurisdiction of Benches of Central Administrative Tribunal. MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 23rd September, 2014 G.S.R. 683(E). – In exercise of the powers conferred by sub-section (I) of Section 18...

Bank Employees Strike on 12th November 2014

Bank Employees Strike on 12th November 2014 UFBU have announced a all India token strike on November 12 to reiterate their demands for a wage revision. The decision was made at the meeting that was held in Bengaluru yesterday. It has been more than two years since the wage revision agreement had expired. Following this, a number of meetings were held between the associations and the bank...

Tax exemption for withdrawals under the National Pension System (NPS)

PFRDA will soon approach Finance Ministry seeking tax exemption for withdrawals under the National Pension System (NPS), Pension regulator to pitch for tax break on NPS withdrawals Pension regulator PFRDA will soon approach Finance Ministry seeking tax exemption for withdrawals under the National Pension System (NPS), its Chairman Hemant G Contractor has said. This will be the first...

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