Monday, March 20, 2017

Payment of Wages by cheque or crediting to bank accounts

Payment of Wages by cheque or crediting to bank accounts The present wage limit for applicability of the provisions of the Payment of Wages Act, 1936 is Rs. 18,000/- per month. The Act has been amended by Payment of Wages (Amendment) Act, 2017 (effective from 28.12.2016) to enable the employers to pay wages to their employees by (a) cash or (b) cheque or (c) crediting to their bank account. The...

EPFO takes various steps for speedy settlement of claims

EPFO takes various steps for speedy settlement of claims The Employees Provident FundsOrganization (EPFO) has taken various steps for speedy settlement of claims which inter alia include: Composite Claim Form (Aadhaar) and Composite Claim Form (Non-Aadhaar) has been introduced by replacing the erstwhile Claim Forms No. 19, 10C and 31, with a view to simplify the submission of claims by the...

Several relaxations brought in GP Fund rules

Several relaxations brought in GP Fund rules In a major relief for government employees, Ministry of Personnel, Public Grievances and Pensions has announced several relaxations in General Provident Fund Rules, with liberalization and simplification, particularly relating to advances and withdrawals by the subscriber/ employee. According to the Union Minister of State (Independent Charge)...

REVISION OF PENSION OF AUTONOMOUS BODY PENSIONERS - FINANCE MINISTRY’S STAND

Regarding Revision of Pension of Autonomous body Pensioners , Finance Ministry has clarified as follows : Central Government does not issue any instructions regarding implementation of recommendations of the Central Pay Commission PERTAINING TO PENSION IN RESPECT OF EMPLOYEES OF AUTONOMOUS BODIES. In view of this , NO ORDERS REGARDING IMPLEMENTATION OF RECOMMENDATIONS OF 7th CPC IN RESPECT OF...

Most of the Central Government employees feel that the enhancement of DA/DR is meager

Most of the Central Government employees feel that the enhancement of DA/DR is meager Calculation of DA/DR based on AICPIN only "Calculation of Dearness Allowance and Dearness Relief for Central Government Employees and Pensioners based on the methodology prescribed by the recommendations of Central Pay Commission" Dearness Allowance is issued twice a year and the Seventh Pay Commission has...

20% teachers posts vacant in higher educational institutions

20% teachers posts vacant in higher educational institutions New Delhi: Vacancies of teachers in higher educational institutions has become a "serious problem" and around 20% posts in central universities are yet to be filled, HRD Minister Prakash Javadekar said today. Javadekar said in Lok Sabha that students were not keen to take up teaching jobs, resulting in shortage of faculty members...

Cabinet clears GST supplementary legislations

Cabinet clears GST supplementary legislations The Cabinet today cleared four supporting GST legislations, paving the way for their introduction in Parliament as early as today. The four supporting legislations the Compensation Law, the Central-GST (C-GST), Integrated-GST (I-GST) and Union Territory-GST (UT-GST) would be introduced as Money Bill, sources said. The GST legislations have been...

7th Pay Commission: Higher allowances to be proposed in this month

7th Pay Commission: Higher allowances to be proposed in this month New Delhi: The Committee on Allowances will propose to increase allowances of central government employees, besides dearness allowance (DA) in this month. DA is being paid to them with their pay packages. The Committee on Allowances, under Finance Secretary Ashok Lavasa, was formed in July 2016 following protests by government...

Service/Retirement Benefits: Lok Sabha Q&A

Service/Retirement Benefits: Lok Sabha Q&A GOVERNMENT OF INDIA MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (DEPARTMENT OF PERSONNEL & TRAINING) LOK SABHA UNSTARRED QUESTION NO. 2229 (TO BE ANSWERED ON 15.03.2017) SERVICE/RETIREMENT BENEFITS 2229. SHRI SULTAN AHMED: Will the PRIME MINISTER be pleased to state: (a) whether the Government has reviewed or proposed to review...

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