Freezing of DA & DR: IRTSA Appeals to Credit Additional DA to Provident Fund The Indian Railways Technical Supervisors Association (IRTSA) is taking a strong stance against the government’s decision to freeze Dearness Allowance (DA) and Dearness Relief (DR) for its employees. In a recent memo sent to the Ministry of Finance, the IRTSA has … Read more
State Railway Provident Fund – Rate of interest during the period from 1.7.2020 to 30.9.2020 SRPF Interest rate of 7.1% with effect from 1st July 2020 to 30th September 2020 GOVERNMENT OF INDIA (BHARAT SARKAR)MINISTRY OF RAILWAYS (RAILS MANTRALAYA)(RAILWAY BOARD) No.F(E) III/2003/PF-1/1pt. New Delhi, Dated: 29.07.2020 The General Managers/Principal Financial Advisers,All Zonall RAilways/Production Units etc.,(As … Read more
Centre Govt Allows 5% of PF Funds to be Invested in Share Market The Central Government has allowed investing up to 5% of the Provident Fund capital in the stock market. As a result, Rs.5000 crore is expected to be released for investment this financial year. A circular from the Ministry of Labour has confirmed … Read more
Simplification of rules/procedure on withdrawals from Provident Fund by Railway employees NFIR National Federation of Indian Railwaymen No.I/3/Pt.I Dated: 25/10/2013 The Secretary (E), Railway Board, NEW DELHI Dear Sir, Sub: Simplification of rules/procedure on withdrawals from Provident Fund by Railway employees-reg. Ref: (i) Railway Board’s letter No. F(E)/III 77 PFI/3 dated 27/5/1977. (ii) Rule 925 … Read more