Ekanathan
Are you eagerly awaiting the release of 18 months’ worth of DA arrears for Central Government employees and pensioners that were stopped during the Covid-19 epidemic? Currently, there isn’t a plan by the Central Government to distribute the Dearness Allowance (DA) arrears spanning 18 months to central government employees and retired individuals who receive pensions. … Read more
A request for clarification has been made by one of the Zonal Railways regarding the selection of medically de-categorized staff for the 20% LDCE quota. The question raised was whether their previous service in their previous unit before being de-categorized could be counted towards their eligibility for LDCE in OS category if they were absorbed … Read more
The Central Board proposed an annual interest rate of 8.15% to be added to the EPF balances of members for the financial year 2022-23. Once approved by the Ministry of Finance, the interest rate will be officially published in the government gazette, and EPFO will credit the appropriate interest rate into the accounts of its … Read more
Pan Aadhaar Link Last Date Extended to 30.6.2023 The deadline for linking PAN and Aadhaar has been extended to 30th June, 2023, allowing taxpayers to inform the designated authority without any adverse consequences. It is mandatory for individuals who obtained a PAN on or before 1st July, 2017, and are eligible for an Aadhaar number, … Read more
NPCI Press Release – UPI is free, fast, secure and seamless Every month, over 8 billion transactions are processed free for customers and merchants using bank-accounts NPCI Clarifies on Transaction Charges: UPI Is Free for Bank Account Transactions Mumbai – 29th March 2023: The National Payments Corporation of India (NPCI) has clarified that UPI is … Read more
EPF Pensioners now have a new option for a higher pension, as per the directions of the Hon’ble Supreme Court judgment dated 04.11.2022. The number of beneficiaries will depend on eligible employees exercising a joint option. Pension payout quantum will depend on the number of eligible members opting for a higher salary pension. As of … Read more
Attention All NPS Subscribers: Link Your PAN with your Aadhaar by March 31, 2023 The PFRDA has released a notice advising individuals to connect their PAN numbers with their Aadhaar cards. It’s crucial for NPS subscribers to link their PAN with Aadhaar by March 31, 2023, according to the latest guidelines from PFRDA. Failure to … Read more
Railway Board Orders on Civil Dress Code for RPF/RPSF The Railway Protection Force (RPF) and Railway Protection Special Force (RPSF) have a specific dress code for their officers while on duty. Previously, male officers were required to wear a khaki shirt with a navy blue tie, navy blue trousers, black leather shoes, and a navy … Read more
CPI-IW for Jan 2023 Press Release Issued By Labour Bureau The next episode of ‘Expected DA from July 2023’ Starts! The current rate of AICPIN for the month of January 2023 is 132.8 The All India Consumer Price Index Number for Industrial Workers (CPI-IW) rose by 0.5 points from December 2022 to 132.8 points in … Read more
Standard Income Tax Deduction for Salaried Employee Standard Deduction for tax calculation available on the gross salary of salaried employees The Minister of State for Finance said in the Parliament on 7th Feb 2023 that the proposals in this regard have been examined during various budgetary exercises and the outcomes are reflected in the Finance … Read more