Thursday, March 10, 2016

Bonus to Railway employees at revised rate of Rs. 7000 with effect from 01.04.2014

Posted by Government Staff on 10:57 PM. ,,,, - No comments

Government has recently passed the bill for revision of Bonus calculation from Rs. 3500/- to Rs.7000/- and the eligibility ceiling to Rs. 21,000 with effect from 01.04.2014 – As Railway Employees are entitled to Productivity linked Bonus all Railway Unions are pressing the Govt for grant of arrears of bonus for the financial year 2014-15 Revision of wage calculation limit from Rs. 3500/- p.m....

Khadi on Fridays for Central Government employees?

Posted by Government Staff on 10:51 PM. ,,, - No comments

Khadi on Fridays for Central Government employees? According to unconfirmed sources, the Centre is giving serious thoughts about making Khadi-wearing compulsory for its employees on Fridays. News continues to flow non-stop about Central Government employees and their offices the past few days. Recently, an order was issued making it mandatory to hoist the national flag...

Paternity Leave to Bank Employees

Posted by Government Staff on 10:46 PM. ,,,, - No comments

Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha has confirmed that 15 days of Paternity Leave would be available to bank employees as accepted under the 10th Wage Negotiation Settlement signed between Indian Banks’ Association (IBA) and the Unions/Associations of employees Male Bank Employees eligible for 15 days Paternity leave as...

7th CPC recommendations and Charter of Demands

Posted by Government Staff on 8:46 AM. ,,,, - No comments

7th CPC recommendations and Charter of Demands — Reg NJCA National Joint Council of Action 4, State Entry Road, New Delhi — 110055 No.NJC/2016/7th CPC March 7, 2016 To Cabinet Secretary, Government of India & Chairman, National Council/JCM Subject:- 7th CPC recommendations and Charter of Demands — Reg. Dear Sir Kindly refer to the NJCA letter dated 10th December 2015 conveying you...

EPF Tax Withdrawn – How the Controversy Rendered NPS more Attractive

Posted by Government Staff on 8:31 AM. ,, - No comments

Under NPS, only 60 per cent of the corpus can be withdrawn as lump sum. Now, there is no tax on the 40 per cent. And if the person decides to invest the remaining 20 per cent also in annuity, there would be no tax on withdrawal. EPF Tax Withdrawn – How the Controversy Rendered NPS more Attractive – Finance minister Arun Jaitley on Tuesday withdrew the controversial tax on employees provident fund...

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