Removal of Grade Pay System in 7th Pay Commission – A detailed report Will the removal of Grade Pay System by the 7th Pay Commission help Central Government employees? – This is the topic of this article. “Unconfirmed reports say that the 7th Pay Commission is very likely to recommend the abolishing of the Grade Pay System introduced by the 6th Pay Commission.” Not … [Read more...] about Removal of Grade Pay System in 7th Pay Commission – A detailed report
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Processing of files referred to DOP&T for advice/clarification-procedure to be followed
Processing of files referred to DOP&T for advice/clarification-procedure to be followed G.I., Dept. of Per. & Trg., O.M.F.No.43011/9/2014-Estt.D, dated 28.10.2015 Subject: Processing of files referred to DOP&T for advice/clarification-procedure to be followed This Department has from time to time issued instructions prescribing the procedure to be … [Read more...] about Processing of files referred to DOP&T for advice/clarification-procedure to be followed
Exemption of Railway employees from New Pension Scheme/National Pension System (NPS) – NFIR writes to Railway Board on 24th October 2015
Exemption of Railway employees from New Pension Scheme/National Pension System (NPS) – NFIR writes to Railway Board on 24th October 2015 NFIR National Federation of Indian Railwaymen No. IV/NPS/PFRDA BILL/Part I Dated : 24/10/2015 The Suresh Prabhu, Hon’ble Minister for Railways (Railway Board) Rail Bhavan New Delhi Sub: Exemption of Railway employees from New Pension … [Read more...] about Exemption of Railway employees from New Pension Scheme/National Pension System (NPS) – NFIR writes to Railway Board on 24th October 2015
No interviews for non-gazetted govt jobs from Jan: PM
No interviews for non-gazetted govt jobs from Jan: PM New Delhi: From January 1 next year, there will be no requirement of interview for Group D,C and B non-gazatted posts in central government, Prime Minister Narendra Modi announced today as part of efforts to put an end to the menace of corruption in jobs. Prime Minister Narendra Modi today announced, There will be no … [Read more...] about No interviews for non-gazetted govt jobs from Jan: PM
Expected Dates for 7th pay commission Report
Expected Dates for 7th pay commission Report Comrades, There are lot of enquiries about the 7th CPC report submission. Let us examine the following facts. 1) The 7th CPC had issued following statement in July 2015 in its website http://7cpc.india.gov.in/ . Even today the same status is existing. “Further to the memorandum received from a variety of Organisations, … [Read more...] about Expected Dates for 7th pay commission Report
7th Pay Commission likely to recommend up to 30% pay hike
7th Pay Commission likely to recommend up to 30% pay hike 7th Pay Commission likely to recommend up to 30% pay hike – There will be 5 to 6% performance-based increment every year and those who are under-performing could retire by 55 years of age or after 30 years of service, added sources. House Rent Allowance could also be hiked by 10% to 30%. The government constitutes … [Read more...] about 7th Pay Commission likely to recommend up to 30% pay hike
DA Order July 2015 – Finmin issued orders for the payment of DA at 119% from 1.7.2015
DA Order July 2015 – Finmin issued orders for the payment of DA at 119% from 1.7.2015 Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.7.2015 No.1/2/2015-E-II (B) Government of India Ministry of Finance Department of Expenditure North Block, New Delhi Dated: 23rd September, 2015. OFFICE MEMORANDUM Subject: Payment … [Read more...] about DA Order July 2015 – Finmin issued orders for the payment of DA at 119% from 1.7.2015
NPS returns are market linked – Tax Benefit on NPS
NPS returns are market linked An investor within the scheme has an option to choose funds based on her level of safety and risk in addition to choosing her own fund manager The National Pension System (NPS) has been advertising a lot about the new tax deduction of Rs.50,000 for tax payers. I wanted to know more about the new deduction under section 80CCD(1)(b). Is this … [Read more...] about NPS returns are market linked – Tax Benefit on NPS
Full Pension on less than 30 years & more than 20 years of Qualifying Service for Pre-2006 pensioners
FULL PENSION FOR THOSE WITH LESS THAN 30 YEARS but MORE THAN 20 YEARS QS In view of the fact that review Petition filed by UOI RP (C) NO. 2565/2015 in SLP (C) No. 6567/2015 UOI Vs M.O. Inasu dismissed by HSC on 28.8.2015, and Following file notings of DOPW (obtained under RTI) let us hope DOP&PW will now issue necessary instructions extending benefit of full min. pension … [Read more...] about Full Pension on less than 30 years & more than 20 years of Qualifying Service for Pre-2006 pensioners
FAMILY PENSION IN NPS
FAMILY PENSION IN NPS Family Pension for NPS Employees – A report states that between April 1994 and April 2004, more than 50 lakh youths joined Government Services. However, the same dropped to around 33 Lakhs after April 2004. Experts blame the Governments’ decision to abolish pension for this, which forced the youths to move towards the corporate sector. The 33 lakh … [Read more...] about FAMILY PENSION IN NPS
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