Saturday, November 19, 2016

Instruction to Banks for Advance Salary to Central Government Employees

Instruction to Banks for Advance Salary to Central Government Employees Government of India Department of Expenditure Office of Controller General of Accounts Mahalekha Niyantrak Bhawan Block-E, G.P.O. Complex, I.N.A., New Delhi-110023 Ph:No.011-24665337-40/Fax No.011-24627678 No.S-11012/1(6)/Banks/2016-17/RBD/1815-47 Dated: 18.11.2016 To Shri P.Vijaya Kumar, Chief General Manager, Reserve...

Interest rate on the long term saving deposits in post offices

Interest rate on the long term saving deposits in post offices Interest rates on bank deposits are not uniform and vary from bank to bank. Hence, a one-on-one comparison of interest rates may not be possible. The interest rates on term deposits are deregulated and they are determined by the banks themselves as per their Board approved policies. In contrast interest rates on Small Savings Schemes...

Fee for NPS Advisors

Press Information Bureau, Government of India Ministry of Finance 18-November, 2016 Fee for NPS Advisors A Retirement Adviser can charge three types of fee from the subscribers to whom he/she has given retirement advice in accordance with the Pension Fund Regulatory and Development Authority (Retirement Adviser) Regulations, 2016, as per details given below: i. A Retirement Adviser is entitled...

One Rank One Pension (OROP)

Press Information Bureau, Government of India Ministry of Defence 18-November, 2016 One Rank One Pension (OROP) Government had appointed a Judicial Committee headed by Justice L. Narasimha Reddy, retired Chief Justice of Patna High Court on 14.12.2015, to look into anomalies, if any, arising out of implementation OROP. The Terms of Reference for the Committee is as under: To examine and...

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