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Bonus and Ad-Hoc Bonus Finance Ministry Orders

Bonus and Ad-Hoc Bonus Finance Ministry Orders

Finance Ministry Orders on Bonus & Ad-Hoc Bonus The Finance Ministry has recently issued orders regarding the provision of bonus and ad-hoc bonus. These orders will have a significant impact on the financial well-being of employees across the country. The bonus is a monetary incentive that rewards employees for their hard work and dedication, while … Read more

31% DA Finmin Order PDF Download

The Department of Expenditure under the Ministry of Finance has issued orders regarding the hike of DA from 28% to 31% from July 2021 for Central Government employees. The detailed content of the order is reproduced and given it below for your ready reference. No.1/4/2021-E-II (B) Government of India Ministry of Finance Department of Expenditure … Read more

Interest-Free Festival Advance to Central Govt Government Employees

Interest-Free Festival Advance to Central Govt Government Employees – Finance Ministry Orders issued on 12th October 2020. This amount is interest free. The amount would be released through pre-loaded Rupay Card from SBI. DDOs, on receipt of application from Government servants for this package may process and acquire the prepaid cards from SBI for issue … Read more

Freezing of Dearness Allowance to Central Government employees and Dearness Relief to Central Government pensioners at current rates till July 2021

Freezing of Dearness Allowance Order PDF Download Calculation fo Gratuity & Leave Encashment Central Government employees retired during the period from January 2020 to June 2021 – Calculation of Gratuity and Cash payment in lieu of Leave – Finance Ministry OM dated 07.09.2021 PDF Download – Click Here Freezing of Dearness Allowance and Dearness Relief … Read more

Clarification regarding short deduction of TDS/TCS due to increase in rates of surcharge by Finance (No.2) Act 2019

Further, if the deductor/ collector has deducted/ collected shortfall of tax after 5th of July, 2019 from the transaction(s) made subsequently after the said date, interest, if any, for the delay in deduction/collection of such tax shall not be levied. Circular No. 8/2020 F.No.370133/5/2020-TPL Government of India Ministry of Finance Department of Revenue Central Board … Read more

Order to Open Central Govt Offices from 20 April 2020

It is anticipated that the central government offices, which have been stalled for nearly four weeks, will begin to operate slowly from the 20th of April 2020 (Monday). After a long period from 25 March 2020, countrywide lockdown announced to contain COVID-19 by the Central Government, the list of Central Govt offices will remain open … Read more

6th CPC DA Rate Revised from 154% to 164% – Finmin Order

DA Rate as per 6th CPC from July 2019 6th Pay Commission DA Rate Revised from 154% to 164% effective from July 2019 – Finmin issued Orders Following the orders issued on the revision of DA from July 2019 for the existing employees and pensioners of the Central Government, the Department of Expenditure issued orders … Read more

5th CPC DA Rate Revised from 295% to 312% from July 2019

5th CPC DA Rate Revised from 295% to 312% from July 2019 17% DA Increase for the employees drawing their pay as per 5th Pay Commission DA enhanced from 295% to 312% to 5th CPC Pay Scale Employees in Central Govt and Autonomous Bodies – Finmin orders issued The Dearness Allowance is increased from 295% … Read more

7th Pay Commission Latest News Today – 5 percent DA July 2019 Order issued – PDF Download

Finmin DA Order July 2019 – 5% increased from 12% (DA from Jan 2019) to 17% Check also: View D.A.Rates Table 7th Pay Commission Latest News Today – 5 percent DA from July 2019 Order issued – PDF Download Finmin issued July DA Notification 2019 Finance Ministry issued orders on grating of Dearness allowance to … Read more

Non-PLB Bonus to CG Employees for 2018-19: Orders issued

Non-PLB Bonus to CG Employees for 2018-19: Orders issued 7th Pay Commission Latest News Today 2019 : Non-Productivity Linked Bonus to Central Government Employees for the year 2018-19 No.7/24/2007/E III (A)Government of IndiaMinistry of FinanceDepartment of Expenditure(E III-A Branch) North Block, New Delhi4th October, 2019 OFFICE MEMORANDUM Sub: Grant of Non-Productivity Linked Bonus (ad-hoc bonus) … Read more