Thursday, October 22, 2015

Government approves hike in bonus ceiling from Rs. 3500 to Rs 7000

Government approves hike in bonus ceiling from Rs. 3500 to Rs 7000 NEW DELHI: The Cabinet decided to double the wage ceiling for calculating bonus to Rs 7,000 per month for factory workers and establishments with 20 or more workers. “The Payment of Bonus (Amendment) Bill, 2015 to enhance the monthly bonus calculation ceiling to Rs 7,000 per month from existing Rs 3,500 was approved by Union...

Punjab Announces Cashless Insurance for Government Employees & Pensioners

Punjab Announces Cashless Insurance for Government Employees & PensionersPunjab Announces Cashless Insurance for Govt Employees & Pensioners – The scheme would be made compulsory to employees and pensioners it would be optional for All India Service Officers, serving and ex-MLAs, serving and ex-Judges of Punjab and Haryana High Court.In a significant move that will benefit over 6.50 lakh...

Modification in Life Certificate of Pensioners – Acknowledgement to be issued

Finance Ministry advises Banks to issue duly signed acknowledgement to the pensioners while submitting Life Certificate Department of Expenditure has advised Banks to issue the acknowledgement at the time of submission of Life Certificates by the Pensioners in the prescribed format given below. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE CENTRAL PENSION ACCOUNTING OFFICE TAIKOOT-II,...

Amendment of provisions relating to Railway Staff Benefit Fund

Amendment of provisions relating to Railway Staff Benefit Fund – Chapter 8 of the Indian Railway Establishment Code Volume I, 1985 Edition (Second Reprint Edition – 2003). Railway Board has amended the Railway Staff Benefit Fund – Chapter 8 of the Indian Railway Establishment Code Volume I, 1985 Edition (Second Reprint Edition – 2003). RBE No.125/2015 ACS No.127 GOVERNMENT OF INDIA MINISTRY...

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