Additional DA declared for various State Govt employees

Additional DA declared for various State Govt employees Following the declaration of additional DA to the emloyees working in Central Government services, various state governments are implemented the same to its employees and pensioners also. The Tamilnadu Government issued orders on granting of additional DA of 7% for its employees and pensioners from 1st July 2014. Punjab Government has declared 10% DA to its employees. Bihar Government announced an increase of 7% DA to its employees and pensioners. Odisha Govt granted 7% of DA to...

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7th Pay Commission visited Siachen base camp and Daulat Beg Oldie

7th Pay Commission visited Siachen base camp and Daulat Beg Oldie and spent considerable time for  interacting with soldiers and asking them about the conditions in one of the toughest areas of the world… Pay Commission team visits Siachen to get first-hand experience – India Today article The 7th Pay Commission visited forward areas in Jammu and Kashmir, including the world’s highest battlefield on the Siachen glacier, to get the first-hand feel of the freezing temperatures and hardship faced by soldiers. The 16-member...

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Dedication of Portability through Universal Account Number (UAN) for Employees Provident Fund

“The minimum pension for employees has been introduced first time so that employees’ pension is not less than Rs. 1000 per month. The wage ceiling has been raised from Rs. 6500 to Rs. 15000 per month to ensure that vulnerable groups are covered under EPF Scheme”. Under the scheme complete information for approximately 4 crore subscribers of EPF has been centrally compiled and digitized and a UAN has been allotted to all. The UAN is being seeded with Bank account and Aadhar Card and other KYC details for financial inclusion of vulnerable...

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Formation of new Commissionerates following the implementation of Cadre Restructuring in CBEC

Formation of new Commissionerates following the implementation of Cadre Restructuring in CBEC The Central Board of Excise and Customs has implemented the cadre restructuring of the Indirect Taxes formations, with effect from 15th October 2014. The restructuring of formations is aimed creating larger number of compact commissionerates, by reorganizing the existing commissionerates. This shall provide better tax payer services and deepen the tax base. Taking into account the growth in Service Tax over the last decade four exclusive...

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Amendment in Administrative Tribunals Act – Jurisdiction of Benches of Central Administrative Tribunal

Notification under sub-section (1) of section 18 of the Administrative Tribunals Act, 1985 specifying jurisdiction of Benches of Central Administrative Tribunal. MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 23rd September, 2014 G.S.R. 683(E). – In exercise of the powers conferred by sub-section (I) of Section 18 of the Administrative Tribunals Act, 1985 (13 of 1985), the Central Government hereby makes the following further amendment in the Notification of...

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Bank Employees Strike on 12th November 2014

Bank Employees Strike on 12th November 2014 UFBU have announced a all India token strike on November 12 to reiterate their demands for a wage revision. The decision was made at the meeting that was held in Bengaluru yesterday. It has been more than two years since the wage revision agreement had expired. Following this, a number of meetings were held between the associations and the bank management over the new salary and increment contracts. The IBA didn’t accept the demand for a 25% salary hike. Instead, the management offered...

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Tax exemption for withdrawals under the National Pension System (NPS)

PFRDA will soon approach Finance Ministry seeking tax exemption for withdrawals under the National Pension System (NPS), Pension regulator to pitch for tax break on NPS withdrawals Pension regulator PFRDA will soon approach Finance Ministry seeking tax exemption for withdrawals under the National Pension System (NPS), its Chairman Hemant G Contractor has said. This will be the first time PFRDA – after getting statutory recognition in February 2014 – will seek a tax break for NPS. The Finance Ministry will soon start the budget...

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