DA Orders for Armed Forces Officers and Personnel Below Officer Rank including NCs(E) – 113% from January 2015

DA Orders for Armed Forces Officers and Personnel Below Officer Rank including NCs(E) – 113% from January 2015 G.I., Min. of Defence, O.M.F.No.1(2)/2004/D (Pay/Services), dated 16.4.2015 Subject: Payment of Dearness Allowance to Armed Forces Officers and Personnel Below Officer Rank including NCs(E) – Revised rates effective from 1st January, 2015. Sir, I am directed to refer to this Ministry’s letter No.1(2)/2004/ D (Pay/Services) dated 24th September 2014, on the subject cited above and to say that the President is pleased to...

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10% Tax Proposed on PF Withdrawals

10% Tax Proposed on PF Withdrawals The Employee Provident Fund Organization (EPFO) has decided to impose a tax of 10.3% on the amount withdrawn from the EPF within five years of starting the accounts. EPF accounts have to be created in all the concerns that employ more than 20 workers, with salaries of Rs.6,500 and Rs.15,000 per month. 12% of their salaries are deducted and are deposited into the PF account each month. The company contributes an equal amount to the account. 10.3% tax shall henceforth be imposed if the employee retires...

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DA Orders for CDA pattern employees of CPSEs governed by HPPC recommendation w.e.f 01.01.2015

DA Orders for CDA pattern employees of CPSEs governed by HPPC recommendation w.e.f 01.01.2015 G.I., Min. of HI & PE, Dep. of Pub. Enter., O.M.F.No.2(54)/08-DPE (WC)-GL-VII/15, dt, 17.4.2015 Subject: Payment of DA to the CDA pattern employees of CPSEs governed by HPPC recommendation w.e.f 01.01.2015. The undersigned is directed to refer to Para No. 2 and Annexure-III to this Department’s O.M. dated 14.10.2008 wherein the rates of DA payable to the employees who are following CDA pattern pay scales had been indicated. 2. The DA payable...

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Central Government Allows 5% of PF Funds to be Invested in Share Market

Central Government Allows 5% of PF Funds to be Invested in Share Market The Central Government has allowed investing up to 5% of the Provident Fund capital in the stock market. As a result, Rs.5000 crore is expected to be released for investment this financial year. A circular from the Ministry of Labour has confirmed that 5% of the PF amount has been sanctioned for investing in the stock market. The money will be invested in stock market based EDFs. Mr. Shankar Agarwal, the Secretary of Departmetn of Labour, said that announcements to...

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Amendment order to the Lokpal Removal of Difficulties Order, 2015

Amendment order to the Lokpal Removal of Difficulties order, 2015. MINISTRY OF PERSONNEL PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) ORDER New Delhi, the 27th April, 2015 S.O. 1095(E) — Whereas the Central Government, in exercise of the powers conferred by sub-section (1) of Section 62 of the Lokpal and Lokayuktas Act, 2013 (1 of 2014) (hereinafter referred to as the said Act), made the Lokpal and Lokayuktas (Removal of Difficulties) Order, 2014 (hereinafter referred to as the said Order) with effect from...

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Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Amendment Rules

Public Servants (Furnishing of Information and Annual Return of Assets and Liabilities and the Limits for Exemption of Assets in Filing Returns) Amendment Rules, 2015:- MINISTRY OF PERSONNEL PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 27th April, 2015 G.S.R. 322(E).— In exercise of the powers conferred by sub-section (1) read with clause (k) and clause (l) of sub-section (2) of section 59, read with section 44 and section 45 of the Lokpal and Lokayuktas Act, 2013 (1 of 2014),...

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Minimum pension of Rs. 1,000/- per month in perpetuity to Pensioners of Employees’ Pension Scheme, 1995

Minimum pension of Rs. 1,000/- per month in perpetuity to Pensioners of Employees’ Pension Scheme, 1995 The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for continuation of the minimum pension of Rs. 1,000/- per month to the pensioners of Employees’ Pension Scheme, 1995 (EPS) beyond the financial year 2014-15 on perpetual basis. Currently, it is effective only upto March, 2015. The Cabinet also approved corresponding grant of continuous annual budgetary support for implementing the minimum pension...

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Payment of Constant Attendance Allowance (CAA) on monthly basis with disability pension to Armed Forces personnel

Payment of Constant Attendance Allowance (CAA) on monthly basis with disability pension to Armed Forces personnel – Reg. “Constant Attendance Allowance shall be paid on monthly basis during the period of award along, with disability or war injury pension as the case may be.” No.I(2)/2013-D(Pen/Pol) Government of India Ministry of Defence D(Pension/Policy) New Delhi, Date: 27th April 2015 To The Chief of Army Staff The Chief of Naval Staff The Chief of Air Staff Subject: Payment of Constant Attendance Allowance (CAA) on monthly basis...

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Minutes of PNM/AIRF meeting - discussion on left over items held on 20.02.2015

Minutes of PNM/AIRF meeting - discussion on left over items held on 20.02.2015 F.No.2014/E(LR)I/NM 1–9 Sub: PNM/AIRF meeting held on 12-13 December, 2014 – discussion on left over items held on 20.02.2015 in Committee Room, Rail Bhawan-Minutes thereof. ......... The following officers and representatives of AIRF attended the meeting: Official SideAIRF S/Shri/Smt. M. Akhtar, AM(Staff) Neera Khuntia, EDPC-II P.P. Sharma, EDE(G) K. Shankar, DE(P&A) D.V. Rao, DE(LL) Anuradha Singh, D(MPP) D. Mallik, DE/IRS/Shri Rakhal Das Gupta,...

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