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Tuesday, October 30, 2012

Cabinet approves 2300 crore for meeting demands of ex-servicemen including OROP


The Union Cabinet has approved the recommendations of the Committee headed by Cabinet Secretary for benefits to ex-servicemen on four issues. The financial implications of the improvements made as per the Cabinet decision on the four items are broadly estimated at Rs.2300 crore per annum. The details are as follows:I. One Rank One Pension:On One Rank One Pension, the demand of the Defence Force....

Sunday, October 28, 2012

Amendment in Employees Provident Fund


In exercise of the powers conferred by section 5, read with sub-section (1) of section of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952). the Central Government hereby makes the following Scheme further to amend the Employees’ Provident Funds Scheme, 1952, namely:

Thursday, October 25, 2012

Dearness Relief to the pensioners in the pre-revised scale of 5th CPC



Dearness Relief to the pensioners in the pre-revised scale of 5th CPC

Salient features of Defence Civilian Medical Aid Fund (DCMAF)


Defence Civilian Medical Aid Fund (DCMAF) provides financial assistance to the members in case they or their dependents suffer from certain specified ailments. The fund is managed by the Central Government body

Defence : Entitled Official Car for Personal purpose - Option for TA

The under signed is directed to refer M.O.F (Dep of Expdr) O.M No 21(2) 2008-EII(B) dated 29/8/2008, wherein it is stipulated that officers drawing grade pay of Rs.10,000/- and 12,000/- and
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Friday, October 19, 2012

Cabinet Approves 78 days PLB for the Railway employees

The Union Cabinet on today approved the the Ministry of Railways proposal for payment of Productivity Linked Bonus (PLB) equivalent to 78 days wages for the financial year 2011-12 for all eligible non-gazetted railway employees.
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Thursday, October 18, 2012

Dept. of Posts : Productivity Linked Bonus of 60 days equivalent of emoluments

1.1 The calculation for the purpose of payment of Bonus under each category will be done as indicated below.

2. REGULAR EMPLOYEES:

2.1 Bonus will be calculated on the basis of the following formula:-

Average emoluments X Number of days of Bonus 30.4 (Average no. of days in a month)

http://www.staffcorner.com/view.html?id=321002

Revised Risk Allowance for CGE

The order for the Risk allowance for central government employees that has been doubled.....

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Wednesday, October 17, 2012

Railway non-gazetted employees likely to get 78 day PL Bonus

The railways is likley to announce 78-day wages as bonus for its employees for the year 2011-12.
“The proposal for declaring 78-day productivity linked bonus (PLB) for railway employees is being finalised and it would be taken up by the Cabinet on October 18 for a final decision.

http://www.staffcorner.com/view.html?id=317001

Monday, October 15, 2012

Railway Ministry requests Finance Ministry to increase IT exemption for TA upto 3200 + DA

GOVERNMENT OF INDIAMINISTRY OF RAILWAYSRAILWAY BOARDNo. F(X) I-2012/23/9New Delhi, Dated: 10.10.2012.OFFICE MEMORANDUMSub:-Exemption of Transport Allowance from the purview of Income Tax -Enhancement of exemption limit from Rs.800 to Rs.3200 plus D.A. thereon.   The undersigned is directed to draw the attention of the Ministry of Finance (Department of Revenue) Central Board of Dir....

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Sunday, October 14, 2012

Fortis Escorts stops accepting CGHS. Others including Medanta and Max, likely to follow

Fortis Escorts, has stopped accepting CGHS beneficiaries since October 7, citing long delays in reimbursement.  Other private hospitals, including Medanta and Max, are also likely to follow suit.
http://www.staffcorner.com/view.html?id=308002

Tuesday, October 9, 2012

Min Guaranteed Pension - PBOR Clarification : non applicability to Hon. Lt and Capt.

Min Guaranteed Pension - PBOR Clarification : non applicability to Hon. Lt and Capt.

http://www.staffcorner.com/view.html?id=299009

ACPS for the CG Civilian Employees regarding

The undersigned is directed to invite reference to the Department of Personnel & Training (DOP&Tys Office Memorandum of even number dated 09.08.1999 with regard to the Assured Career Progression Scheme for the Central Government Civilian Employees. Pa….
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Friday, October 5, 2012

Non-Productivity Linked Bonus order issued

The Department of Expenditure, Ministry of Finance has issued office memorandum regarding the grant of non-productivity linked bonus (ad-hoc bonus) to the central government employees for the year 2011-12. The bonus will be equivalent to 30 days emoluments for the accounting year 2011-12 to the Central Government employees in Groups 'C' and 'D' and all non-gazetted employees in Group 'B', who are ....

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NPS : Cabinet approves amendmended PFRDA Bill with option of Minimum Assured Return

The union cabinet today approved the introduction of certain official amendments to the Pension Fund Regulatory and Development Authority (PFRDA) Bill, 2011 that allows the subscriber seeking minimum assured returns to opt for investing his funds in such schemes providing minimum assured returns as may be notified by the Authority.These official amendments have been necessitated in view of the rec....
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Cabinet approves hike in risk, hospital care allowance

The cabinet today approved revision of rates of Hospital Patient Care Allowance and Patient Care Allowance and Risk Allowance entitled central government employees. The rates are to double from existing rates with effect from September 1, 2008The revision of the risk allowance given to central government employees engaged in hazardous duties across the country will result in conside....
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