Saturday, October 22, 2016

Punjab govt releases 6 pc DA for employees, pensioners

Chandigarh, Oct 21 (PTI) Punjab Finance Minister Parminder Singh Dhindsa today gave his nod to release 6 per cent dearness allowance (DA) with November salary or pension for the government employees and pensioners.

With the release of this DA installment, the state would touch 125 per cent from present 119 per cent of the basic pay/pension, Dhindsa, in a statement issued here, said.

In a relief to foreign settled retired employees, he said DA would continue with their pensions.

The government has decided to take back a letter stopping DA of pensioners who have acquired foreign citizenship, he added.

Media Report : "Committee on allowance ready with report"

Government employees might have an exciting new year as the Committee on Allowances under the chairmanship Finance Secretary Ashok Lavasa is ready with its reports.
Media reports said that the committee is likely to submit the reports on revised allowance to Finance Minister Arun Jaitley very soon.
Quoting sources in the Finance Ministry, media reports said that the committee is waiting to be called by Jaitley for submission of its reports.

Friday, October 14, 2016

7th Pay Commission: Central govt employees likely to get fatter allowances before Diwali

Once the notification issued, the revised allowance recommended by the 7th Pay Commission will be given to central government employees and pensioners from October or November.

The notification for the implementation of the fatter allowances under 7th Pay Commission recommendations is likely to be issued within two weeks by Prime Minister Narendra Modi led government. Once the notification issued, the revised allowance recommended by the 7th Pay Commission will be given to central government employees and pensioners from October or November on the eve of Diwali. The special committee on allowances, under 7th Pay Commission recommendations, headed by Finance Secretary Ashok Lavasa, will soon submit its report to the Finance Ministry. It is expected that central government employees and pensioners will start getting higher allowances from their October or November salaries or pensions.

Thursday, October 13, 2016

7th Pay Commission: Defence forces to get 10% arrears before October 30 as 'Diwali gift

The arrears will be 10 percent of the current pay drawn by the soldiers, which would be calculated from January 2016.

Even as the Central government and the three defence chiefs are trying to sort out a dispute over the new pay grades for the army, navy and the air force, the BJP government has planned a temporary payment for the armed forces.
The defence ministry has said a "pending issuance" of the pay commission notification has been sanctioned by the president on ad-hoc basis. The arrears will be 10 percent of the current pay drawn by the soldiers, which would be calculated from January 2016, the Economic Times reported.

Friday, October 7, 2016

Interest Free Advances to Central employees abolished

Almost all the interest free advances admissible to Central Govt. employees are abolished as per the recommendation of seventh CPC. Only exception will be :
1. Advance for medical treatment
2. Advance for travelling allowance for family of deceased
3. Advance for T.A. on tour and LTC advance
All other allowances such as Bicycle Advance, Festival Advance, Advance of pay on transfer etc. has been abolished with immediate effect.
Click here for the O. M.

Computer advance retained
All central Govt. employees may avail Personal Computer Advance upto Rs 50,000/, maximum five times in entire service life.  This is an interest bearing advance. Other interest bearing advances such as motor cycle advance, motor car advance stand discontinued with immediate effect.
Click here for the O.M.

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