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GPF Interest Rates Year-wise List The Department of Economic Affairs (Budget Division) has issued a resolution on the interest rates for Provident Fund and other related funds of Central Government employees, Railway employees, Ordnance employees and Armed Forces. Also check: GPF Interest Calculator 2020 The rate of interest on General Provident Fund was at 8% … Read more
What is the incentive for higher education in central government? According to the 7th Central Pay Commission, there is a lump sum incentive available for central government employees, including those working for the railway, who acquire higher qualifications. This incentive is designed to encourage employees to pursue further education and improve their skills and knowledge, … Read more
Stepping Up Pay with Consolidated Guidelines On October 26, 2018, the Department of Personnel and Training (DoPT) issued orders regarding the Stepping up of Pay-Consolidated guidelines. These guidelines aim to streamline and simplify the process of employee pay and ensure that all employees are fairly compensated for their work. The orders clarify the steps that … Read more
“7th Pay Commission Pay Scales – Standard Pay Rates” As per the recommendations put forth by the 7th Central Pay Commission, it has been advised that the existing Scales of Pay (Table 1) which have been in place since 1.1.2006, should be replaced with the newly proposed Scales of Pay (Table 2). This transition is … Read more
Revised Honorarium Rates for Univ. & College Guest Faculty The rates of honorarium for guest faculty in universities and colleges have been revised, taking into consideration the current economic climate and the rising costs of living. This move reflects the commitment of educational institutions to attract and retain the best talent in their respective fields. … Read more
Wrong Analysis & Recommendations on NDA 7th CPC Report Board’s attention is invited towards this federation’s letter of even number dated 2nd April, 2018 (copy enclosed), vide which it was pointed out that, on implementation of new formula, recommended by the VII CPC, rates of Night Duty Allowance get reduced rather than any improvement therein…… … Read more
BPMS Writes to OFB: Intervene NDA Issue for IEs/NIEs/NGOs In a recent correspondence, the Bharatiya Pratiraksha Mazdoor Sangh (BPMS) wrote to the Ordnance Factory Board (OFB) regarding the grant of Night Duty Allowance. The BPMS emphasized the need for the allowance to be based on the actual salary of the employees, while also highlighting the … Read more
Night Duty Allowance as per 7th CPC – BPMS The payment of Night Duty Allowance should be directly correlated with the pay of the 7th Central Pay Commission without imposing any payment limit. It must be based on the actual pay of the employee who works during the night hours, ensuring that they receive fair … Read more
NDA for Ordnance Employees Fixed at Rs.12380 The Ministry of Defence has recently revised the rates for the Night Duty Allowance (NDA) payable to its eligible civilian employees working in various establishments. This payment is made to compensate employees for working during the night shift, which can be physically and mentally strenuous. The revised rates … Read more
Night Duty Allowance Rates for Railway Staff Effective January 1st, 2015, new rates of Night Duty Allowance (NDA) have been introduced for the Railway Industrial Employees and Staff. These revised rates will apply to employees who work during the night shift and will compensate them for their extra effort and time. The purpose of this … Read more