NEWS
Showing posts with label MOF. Show all posts
Showing posts with label MOF. Show all posts
Thursday, April 23, 2020
Freezing of Dearness Allowance current rates till July 2021.
Tuesday, March 31, 2020
When everything is beyond control, the Government of India adopted the procurement action for "essential supplies".
Monday, January 20, 2020
GENERAL PROVIDENT FUND INTEREST 7.9% FROM 1ST JANUARY, 2020.
Friday, November 1, 2019
Date of Next Increment on Promotion or MACP Clarification Orders
Date of Next Increment on Promotion or MACP – Rule 10 of CCS (RP) 2016
The Central Govt employees who are
getting two increments (promotional increment and annual increment) on
1st July due to promotion or MACP, will be eligible for their next
increment on the following 1st January.
The Department of Expenditure has issued an important date of next
increment clarification order on 29.10.2019. As per the content of the
order, employees who are getting promotion/financial upgradation on 1st
July and receiving the benefit of two increments i.e. the first annual
increment due on 1st July and the second notional increment on account
of promotion, will accrue their subsequent increment on the following
1st January, after completion of six months period.
Promotion or MACP Pay Fixation Example
An employee’s pay scale is Rs. 35,900 in the pay level 5 of the pay matrix table. He got a promotion on the date of 1.7.2019 and he is upgraded to pay level 6, his salary will be fixed as per existing annual increment rules for CG employees…
Step 1: He will first be given one increment in his current level 5 on account of promotion or MACP (Rs. 37,000)
Step 2: Again he will be given another increment in his current level of 5 on account of the annual increment (Rs. 38,100)
Step 3: Then he will be placed in the pay level 6 (either equal or higher value) (Rs. 38,700)
Step 4: His next annual increment date will be 1.1.2020 (instead of 1st July 2020).
Index | Pay level 5 | Pay Level 6 |
1 | 29200 | 35400 |
2 | 30100 | 36500 |
3 | 31000 | 37600 |
4 | 31900 | 38700 |
5 | 32900 | 39900 |
6 | 33900 | 41100 |
7 | 34900 | 42300 |
8 | 35900 | 43600 |
9 | 37000 | 44900 |
10 | 38100 | 46200 |
11 | 39200 | 47600 |
12 | 40400 | 49000 |
Monday, October 21, 2019
GPF INTEREST RATE 7.9% FROM 1.10.2019 TO 31.12.2019.
Wednesday, July 17, 2019
Re-classification /upgradation of Cities/Towns on the basis of Census-2011 for the purpose of grant of House Rent Allowance to Central Government Employees.
Thursday, July 4, 2019
NPS - Setting up of National Pension System Oversight Mechanism.
Monday, July 1, 2019
Revision of interest rate on Small Savings Schemes for Second Quarter of 2019-20 after Election.
Friday, April 12, 2019
GPF - Resolution - accumulations at the credit of subscribers to the GPF and other similar funds w.e.f. 1st April, 2019 to 30th June, 2019.
Tuesday, March 5, 2019
Terms of Request for Government Accommodation and the provision of ‘No Accommodation Certificate for House Rent Allowance
Wednesday, February 27, 2019
Grant of Dearness Allowance to Central Government employees-Revised Rates effective from 01.01.2019
Friday, February 15, 2019
Central Government Employees Group Insurance Scheme 1980 - Tables of Benefits for the savings fund for the period from 1.1.2019 to 31.03.2019
Monday, February 11, 2019
Grant of Extra Work Allowance-Relaxation in para 3(b) of OM dt. 20.7.2017 for caretaking functions only
Wednesday, January 9, 2019
Accumulations at the credit of subscribers to the GPF and other similar funds w.e.f. 1st January, 2019 to 31st March, 2019
Tuesday, December 18, 2018
CCS(RP) Rules 2016-opportunity for revision of option to come over to revised pay structure
Monday, December 10, 2018
NPS - Streamlining of National Pension System
Central Government Employees Group Insurance Scheme 1980 - Tables of Benefits for the savings fund for the period from 1.10.2018 to 31.12.2018
Wednesday, October 3, 2018
Proactive Declaration under Section 4(b) of RTI Act,2005 of Finance Commission Division
Thursday, September 20, 2018
Interest rates of Small Savings Schemes for 3rd quarter of 2018-19
Friday, September 7, 2018
2018 Grant of Dearness Allowance to Central Government employees - Revised Rates effective from 1.7.2018.
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