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...]
Bank Strike 2020 – Notice from IBA
Notice - Strike by Bank Staff on January 31 and February 1 2020 NOTICE STRIKE BY BANK STAFF on 31st Jan and 1st Feb 2020 Multiple rounds of discussions have been held between the IBA Negotiating Committee and the United Forum of Bank Unions for the … [Read more...]
Union Budget 2020 – New Personal Income Tax Slab Rates
New tax regime to be optional for the taxpayers New Personal Income Tax Regime heralds significant relief, especially for Middle Class Taxpayers New rates entail estimated revenue forgone of Rs 40,000 Crore per year In order to provide significant … [Read more...]
CPI IW for the month of December 2019
AICPIN for December 2019 = 330 The Consumer Price Index is the key factor for determining the percentage of Dearness Allowance and Dearness Relief are granting twice in a year for Government employees and pensioners in India. The press release of … [Read more...]
PLR for Major Port Trusts and Dock Labour Board Employees
Productivity Linked Reward (PLR) for the employees of Major Port Trusts and Dock Labour Board Cabinet approves extension of Productivity Linked Reward Scheme for the employees/workers of the Major Port Trust and Dock Labour Board for the period … [Read more...]
Medical Termination of Pregnancy (Amendment) Bill 2020
"In order to increase access of women to safe abortion services and taking into account the advances in medical technology, the Ministry of Health and Family Welfare proposed amendments after extensive consultation with various stake holders and … [Read more...]
Scouts and Guides Quota in Railway Recruitment after 7th Pay Commission
Master Circular regarding recruitment against the quota for cultural, scout and guide has been published by the Railway Board on 13 December 2019. As per guidelines of the master circular, recruitment against Scouts and Guides quota in Pay Matrix … [Read more...]
Central Government Employees Salary disburse before 31 of this month
Central Government employees salary for the month of January 2020 Payment of Salary to Central Government Employees on 29th May 2018 due to Bank strike announced by UFBU The Office of CGA (Controller General of Accounts) has instructed through an … [Read more...]
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