7th Pay Commission – Government to Factor in Payout of 7th CPC in Deficit Targets

7th Pay Commission – Government to Factor in Payout of 7th CPC in Deficit Targets “The government will not be generous in the pay out this time as they already are facing pressures from various fronts like disinvestment and poor direct tax collections,” said Dharmakirti Joshi, currently the chief economist at CRISIL. 7th Pay Commission – Government to Factor in Payout of 7th CPC in Deficit Targets – It is expected that the government, while putting a final seal on the recommendations, will keep in mind the tight fiscal position of the country. The...

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Age relaxation to the residents of the State of J&K in Railways

Age relaxation to the residents of the State of J&K in Railways GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) RBE No.1/2016 No.E(NG)-II/95/RR-1/26 New Delhi, dt.: 6/01/2016 The General Manager (P), All Zonal Railways/Production Units, CORE/Allahabad, MTP/Kolkata, Chennai, Mumbai, CAO (R), DMW/Patiala, COFMOW/New Delhi, Director General, RDSO/Lucknow, RSC/Vadodra, Director, IRISE/Secundrabad, IRICEN/Pune, IRIEEN/Nasik & IRIM&EE/Jamalpur, Chairmen, RRBs/RRCs. Sub: Age relaxation to the residents of the State...

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IESM LETTER TO RM ON OROP ANOMALIES

IESM LETTER TO RM ON OROP ANOMALIES 21st January 2016 The Raksha Mantri South Block, Ministry of Defence New Delhi Urgent Need to Rectify Anomalies in OROP in Govt notification dated 7 Nov 15 Dear Shri Manohar Parrikar ji Please refer to Govt executive letter dated 26 Feb 14, press release dated 5 Sep 15, Govt notification dated 7 Nov 15 and 14 Dec 15. Please also refer to the statement made by MOS Defense Sh Rao Inderjit Singh in Parliament on 2 Dec in reply to question asked by Sh Rajeev Chandrashekhar regarding implementation of...

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EPFO may pay 9% interest on PF deposits for 2015-16

EPFO may pay 9% interest on PF deposits for 2015-16 Retirement fund body EPFO may provide 9 per cent interest on PF deposits for this fiscal, which is higher compared to 8.75 per cent provided in previous two fiscals to its over five crore subscribers. The Employees Provident Fund Organisation’s (EPFO) finance panel has recommended raising the interest rate on statutory savings of over 5 crore subscribers from 8.75% to 8.95% during the current fiscal. “The income projection of Rs 34,844.42 crore for the current fiscal is expected to be revised...

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