At present, there are 31 Sainik Schools functioning in the country. State wise details of Sainik Schools in the country is as under :- S. No. Name of School State 1. Sainik School Korukonda Andhra Pradesh 2. Sainik School Kalikiri 3. Sainik … [Read more...]
DGR Ex Servicemen Seminar cum Job fair
DGR Ex-Servicemen Seminar cum Job fairs are organized pan India. Approximately 8 job fairs are organized in a year Welfare of Retired Personnel The Department of Ex-Servicemen Welfare was created in the Ministry of Defence on 22nd September, 2004 in … [Read more...]
CGEGIS Table January 2020 to March 2020
Central Government Employees Group Insurance Scheme (CGEGIS) Table for the period from January 2020 to March 2020 Rate of Interest is 7.9% for the quarter between Jan to Mar 2020 Two types of ready reckoner maturity value tables are attached with an … [Read more...]
10% of TDS Deduction only on Mutual Fund Dividend
CBDT issues clarification on the applicability of TDS provisions on Mutual Fund dividend The Finance Bill, 2020 proposed to remove Dividend Distribution Tax (DDT) at the level of Company/ Mutual Fund and proposed to tax the same in the hands of … [Read more...]
Dearness Relief to Bank Pensioners from February to July 2020
The DA calculation method with effect from February to July 2020 for Bank Pensioners who retired on or after 1986, 1992, 1998 and 2002. Also check: DA for Bank Employees from February 2020 Indian Banks’ Association HR & Industrial … [Read more...]
Charge Allowance in Railways after 7th Pay Commission
Reckoning of Charge Allowance for the purpose of notional fixation of pay and accordingly revision of pension from January 2016 Charge Allowance may have been paid w.e.f. 01.01.2016 to 30.06.2017 at old rates which was admissible before 2016, the … [Read more...]
Department of Military Affairs – A new office for Armed Forces Personnel
Department of Military Affairs (Armed Forces of the Union, namely, Army, Navy and Air Force) - A new office for Armed Forces Personnel Creation of New Department of Military Affairs Department of Military Affairs (DMA) with Chief of Defence Staff … [Read more...]
EPFO does not invest in shares and equities of individual companies
Employees Provident Fund Organization (EPFO) does not invest in shares and equities of individual companies Where is EPFO fund invested? 85 per cent of the EPFO Funds in Debt instruments and 15 percent of the investment is made in Exchange Traded … [Read more...]
Submission of Annual Life Certificate – 4 Reminder (Through SMS and Email) send to all Pensioners
All the Pension Disbursing Banks to send Short Message Service (SMS) and E-mails to all their pensioners on 24 October, 1 November, 15 November and 25 November every year reminding them to submit their Annual Life Certificates by 30th … [Read more...]
DA for Bank Employees from February 2020
As per the 10th Bipartite Settlement, 75.90 percent of Dearness Allowance (DA) granting to Bank employees for the period from February, March and April 2020. The Indian Banks Association (IBA) issued circular in this regard and the same is reproduced … [Read more...]
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