Dearness Relief payable for the period August 2016 to January 2017 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia IBA circular on DA for Pre-1986 Bank Retirees and Surviving Spouses Indian Banks’ Association HR & INDUSTRIAL RELATIONS No.CIR/HR&IR/D/G2/2016-17/774 August 1, 2016 Designated … [Read more...] about Dearness Relief for Pre-1986 Bank Pensioners from August 2016
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Dearness Allowance
DA MERGER WOULD HAVE BEEN MORE BENEFICIAL THAN PAY COMMISSION
DA MERGER WOULD HAVE BEEN MORE BENEFICIAL THAN PAY COMMISSION DA MERGER WOULD HAVE BEEN MORE BENEFICIAL THAN PAY COMMISSION – G. SAHARAJAN, SECRETARY, CGPA, KERALA The 7th CPC submitted its report in November 2015. The Empowered Committee of Secretaries blocked it for 7 long months. Finally the cabinet approved the report without any modification, The Gazette Notification … [Read more...] about DA MERGER WOULD HAVE BEEN MORE BENEFICIAL THAN PAY COMMISSION
DA with effect from 1st July 2016
DA with effect from 1st July 2016 DA with effect from 1st July 2016 = [ (263+264+266+269+270+269+269+267+ 268+271+275+277)/12]-(261.4)X100/261.4 = 2.91 % Since 7th Pay Commission (New Formula) Month All India Index % of … [Read more...] about DA with effect from 1st July 2016
AICPIN for June 2016 – Calculation of DA from July 2016 is completed
No.5/1/2016- CPI GOVERNMENT OF INDIA MINISTRY OF LABOUR & EMPLOYMENT LABOUR BUREAU ‘CLEREMONT’, SHIMLA-171004 DATED: 29th July, 2016 Press Release Consumer Price Index for Industrial Workers (CPI-IW) – June, 2016 The All-India CPI-IW for June, 2016 increased by 2 points and pegged at 277 (two hundred and seventy seven). On 1-month percentage change, it … [Read more...] about AICPIN for June 2016 – Calculation of DA from July 2016 is completed
Finmin Orders regarding Fixation of Pay and Arrears as per the 7th CPC
Finmin Orders regarding Fixation of Pay and Arrears as per the 7th CPC Implementation of the recommendations of the 7th Central Pay Commission – fixation of pay and payment of arrears – instructions 7th CPC fixation of pay and payment of arrears —instructions- regarding. No.1-5/2016-IC Government of India/Bharat Sarkar Ministry of Finance/ Vitaa … [Read more...] about Finmin Orders regarding Fixation of Pay and Arrears as per the 7th CPC
DA from July 2016 set to increase by 6% or 7%
Labour Ministry has announced the All India Consumer Price Index for April 2016 as 271, which is three points increase from the index for March 2016 DA from July 2016 set to increase by 6% or 7% on the basis of All India Consumer Price Index (Industrial Workers) with base year 2001=100, which has been recommended to be retained by 7th Pay Commission for calculation of … [Read more...] about DA from July 2016 set to increase by 6% or 7%
Revision of minimum rates of wages and variable dearness allowance w.e.f. 01.04.2016
Revision of minimum rates of wages and variable dearness allowance w.e.f. 01.04.2016 GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) RBE No.37/ 2016 No.2016/E (LL)/AT/MW/1 New Delhi dated: 29.04.2016 The General Managers, Zonal Railways, Production Units and PSUs, Metro Railway, Kolkata, CORE, Allahabad The General Managers,(Construction), All Indian … [Read more...] about Revision of minimum rates of wages and variable dearness allowance w.e.f. 01.04.2016
Minimum Pension – Ministry of Labour & Employment
Minimum Pension The Government has notified a minimum pension of Rs. 1000/- per month to the pensioners under Employees’ Pension Scheme (EPS), 1995 vide Notification No. G.S.R. 593 (E), dated 19th August, 2014 effective from 01.09.2014 for the year 2014-15 which is continued beyond March, 2015 without any break. However, no proposal is under consideration of the … [Read more...] about Minimum Pension – Ministry of Labour & Employment
DA hiked by 6%, to benefit 7 lakh Odisha government employees, pensioners
DA hiked by 6%, to benefit 7 lakh Odisha government employees, pensioners Bhubaneswar: The Odisha government Saturday (30-4-2016) hiked Dearness Allowance (DA) by 6 per cent, benefiting over 7 lakh state government employees and pensioners, which would cost the exchequer an additional Rs 676.90 crore annually. The DA, which will benefit over four lakh … [Read more...] about DA hiked by 6%, to benefit 7 lakh Odisha government employees, pensioners
Jharkhand hikes Dearness Allowance (DA) by 6%
Jharkhand government increased the dearness allowance (DA) of its employees by six per cent. The decision, which was taken at the cabinet meeting chaired by Chief Minister Raghubar Das, would be applied retrospectively from January 1 this year. The cabinet also approved introducing Centre’s ‘Pradhan Mantri Fasal Bima Yozana’ in the state. It also gave nod to setting up … [Read more...] about Jharkhand hikes Dearness Allowance (DA) by 6%
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