Friday, October 30, 2015

BANK EMPLOYEES TO GET 34 SLABS INCREASE IN DA FOR NEXT QUARTER (Nov'15 to Jan'16)

Update : IBA issued Circular for D.A. increase. Click here
With the two point increase of All India Consumer Price Index Numbers (AICPIN) for the month of SEPTEMBER ’15, which stood at 266 points , Bank employees will get hefty increase of 34 slabs of D.A. for Nov'15 to Jan'16 quarter.
July’15       263 (6003.21)
August       264 (6026.04)
September 266 (6071.69)
Accordingly  Bank workmen/Officers  will have  34 slabs increase   in DA payable for next quarter Nov to Jan’16 at 39.80%.(3.40%increase from Existing 36.40%)
This is for information only and we have to wait for IBA circular which is expected very soon.
Calculation by Mr. Mohan P.

Consumer Price Index Numbers for Industrial Workers - CPI(IW) : September'15

The All India Index for Industrial Workers [CPI(IW)] for September 2015 increased by two points and stood at 266.

Thursday, October 29, 2015

Rajasthan announces bonus to 6 lakh state employees, Order issued

Jaipur, Oct 29 (PTI) Rajasthan government today announced a cash bonus to its six lakh employees on the occasion of Deepawali next month, an official spokesperson said.

Barring the gazetted officer, the bonus would be paid to all six lakh employees whose pay grade is at Rs 4800 or less than this, and it would be assessed on 30 days of incentive (bonus), the spokesperson said. Click here for Order

The maximum limit of bonus would be not more than Rs 3500.

This bonus would be paid to employees of panchayat samiti, zila parishad and workcharge employees.

This decision would put an extra financial burden of Rs 203.22 crore on the state exchequer, the spokesperson added.

Wednesday, October 28, 2015

Paramilitary forces to get "organised services" status

Image result for paramilitary force india
With the 'One Rank, One Pension' (OROP) scheme for military veterans set to be notified soon, officials of central paramilitary forces, too, may be in for good news soon as the government is likely to take a final decision on granting of "organised services" status to them.

Through grant of such status, as ordered by Delhi High Court in September this year, the officials of forces like Central Reserve Police Force (CRPF), Border Security Force (BSF), Indo Tibetan Border Police (ITBP), Central Industrial Security Force (CISF) and Sashastra Seema Bal (SSB) will get faster promotions, hike in emoluments and other service-related benefits from a period dating back to 2006.

Tuesday, October 27, 2015

Festival advance for Maharashtra govt employees hiked to Rs 10,000

Maharashtra government has decided to increase the festival advance of non-gazetted employees to Rs 10,000.
The advance, which was earlier Rs 5,000, will cover nine major festivals - Diwali, Ramzan Id, Christmas, Parsi New Year, Rosh Hoshnaa (Jewish new year), Buddha Jayanti, Independence Day, Republic Day and Sanvatsari (last day of Jain's 'Paryushan).

Income Tax launches e-Sahyog - a digital initiative

The “e-Sahyog” project launched on a pilot basis, is aimed at reducing compliance cost, especially for small taxpayers. The objective of “e-Sahyog” is to provide an online mechanism to resolve mismatches in Income-tax returns to taxpayers whose returns have not been selected for scrutiny, without visiting the Income Tax Office. Under this initiative the Department will provide an end to end e-service using SMS, e-mails to inform the taxpayers of the mismatch. The taxpayer will simply need to visit the e-filing portal and log in with their user-ID and password to view mismatch related information and submit online response on the issue. The responses submitted online by the taxpayers will be processed and if the response and other information are found satisfactory as per automated closure rules, the issue will be closed. The taxpayer can check the updated status by logging in to the e-filing portal.
View the Press Release

Punjab offers extension for retiring employees

Chandigarh, October 26, 2015 : The Punjab Cabinet today, decided that the government employee seeking extension in service would be entitled to pay equivalent to his last drawn salary only. Such employees would not be eligible for any promotion and annual increment during the extended service period.

Wednesday, October 21, 2015

Govt doubles monthly bonus calculation ceiling to Rs 7,000

The Cabinet Wednesday decided to double the wage ceiling for calculatingbonus to Rs 7,000 per month for factory workers and establishments with 20 or more workers.
"The Payment of Bonus (Amendment) Bill, 2015 to enhance the monthly bonus calculation ceiling to Rs 7,000 per month from existing Rs 3,500 was approved by Union Cabinet here," a source said after the Cabinet meeting.

Tuesday, October 20, 2015

Bonus : Ordinance likely to hike eligibility and calculation ceiling soon.

Workforce of the country has another reason to cheer in this festive season as the Narendra Modi-led government is set to promulgate an ordinance to amend Payments of Bonus Act 1965 to make more employees eligible for annual bonus.

According to the proposal, those earning up to Rs 21,000 (basic + DA) a month will now be eligible bonus. This would be a steep jump from the current ceiling of Rs 10,000 (basic + DA) per month. 

Sunday, October 18, 2015

LIC wage revision : Unions agree on proposal, demands betterment

Union leaders accepted the proposal made by management on 16th October summarily and demanded certain improvements.
Regarding PLLI, in which proposal was silent, the unions were informed that management had taken up the issue with govt. to calculate the PLLI on the basis of the current wage. The ED(P) further informed that the improvement in calculation will be effective from 2013-14.
Stagnation increment will be considered to avoid anomalies.
Management agreed to increase ceiling for both HRA and CCA.
Improvement of LTC and encashment demanded.
Paternity leave, child care leave to be introduced - positive response from management.
As per the circular issued by the Gen Secy. AIIEA, THE union is very much satisfied with the revision - 
"We have achieved a splendid wage revision in the most difficult economic and political environment."
Click here for the full circular from AIIEA on 17.10.2015

Odisha issued order for D.A. hike from 01.07.2015

Ahead of the Dusshera festival, Odisha government today (17/10) announced a hike in the dearness allowance for its employees by 6 per cent. 

With this increase, the DA is now 119 per cent as compared to 113 per cent earlier. The new DA will benefit about four lakh government employees and pensioners. 

The increased hike, to be implemented from July 1, will be given to the employees in their October salaries, informed sources said. 

The state government is estimated to take an additional burden of Rs 305 crore by increasing the DA rate to 119 per cent, the sources said.

Click here for D.A. order
Click here for D.R. order for pensioners

Saturday, October 17, 2015

Income Tax employees boycott search and survey, shows black flag to authorities

Stepping up their agitation, two large employee associations of the Income Tax department have announced non-cooperation and boycott of search and survey operations undertaken by the department to check tax evasion across the country.

The agitating groups comprising members of the Income Tax Employees Federation (ITEF) and Income Tax Gazetted Officers Association (ITGOA) today also 'gheraoed' and waved black flags at CBDT Member S K Ray who visited the main department office building at Civic Centre here for a meeting.

Friday, October 16, 2015

LIC proposed 11% wage hike

The Life Insurance Corporation, LIC, has proposed a 11% wage hike for its over one lakh staffers across different categories in the current round of wage negotiations, reports The Financial Express.   However, the multiple unions representing various categories of staffers have not yet accepted the proposal out of the negotiations going on for the last two days.

Central employees to get 30days' adhoc bonus - order issued

Click here for the order
Ahead of the festival season, the Government today announced an ad-hoc bonus of up to Rs 3,454 to Group C central government employees and personnel of the armed and para military forces.
The government has sanctioned grant of non-productivity linked bonus (ad-hoc bonus) equivalent to 30 days emoluments for the accounting year 2014-15 to the central government employees (Group C), the Finance Ministry’s Office Memorandum No.7/24/2007/E III (A) of today said.
The limit for bonus is Rs 3,454, it added. The bonus will also be given to all non-gazetted employees in Group B, who are not covered by any productivity- linked bonus scheme.
“The payment will also be admissible to the central Police and para-military personnel and personnel of armed forces,” it added.
Employees of the Union Territory Administration, which follows the central government pattern of emoluments and not covered by any other bonus or ex-gratia scheme would also be eligible for this ad-hoc bonus.

Tamilnadu hiked 6% Dearness Allowance from Jan'15, Order issued

Tamil Nadu government today announced a six per cent hike in dearness allowance (DA) for its employees and pensioners, a move that will cost the state exchequer an additional sum of over Rs 1,500 crore annually.
With this hike Tamilnadu employees will get D.A. @119%, at par with Central govt. employees.
The hike will be calculated with effect from July 1, 2015 and disbursed in cash,  the increase will result in an additional sum of Rs 1501.24 crore annually on the state exchequer.
Click here for the Govt. order

Thursday, October 15, 2015

Haryana employees get 6% hike in D.A. from 1st July 2015

Haryana government on Thursday released another instalment of dearness allowance (DA) to the state government employees with effect from July 1, 2015.
The finance minister Captain Abhimanyu said in a statement that the employees would get DA at the rate of 119 percent of their basic pay thus registering an increase of 6 percent in the dearness allowance. At present they were getting 113 percent, he said.
Meanwhile, the arrears of the hiked DA of 6 percent from July 1, 2015 would be given in cash. Captain Abhimanyu added that the state exchequer would thus bear an additional burden of over Rs 314.39 crore annually.

Maharashtra employees to get 6% D.A. from January 2015

The Maharashtra government today decided to hike the Dearness Allowance (DA) of state government employees by six per cent with effect from January 1, 2015.
The DA is now 113 per cent from the existing 107 per cent. DA is calculated on total of basic pay and grade pay.
Finance Minister Sudhir Mungantiwar said the arrears would be given from October 1, 2015. Separate orders would be issued for payment of arrears from January 1, 2015 to September 30, 2015.
He said the decision was government's Diwali gift to the employees. The decision will benefit 18 lakh officials and employees as well as 6.5 lakh pensioners.

Wednesday, October 14, 2015

WB employees can now fly to foreign countries : Revised LTC Order issued


Image result for air travel

At least something to cheer about! May be the state Govt. is last in terms of D.A. payment, they are the first to provide foreign trips to it's employees. Leave apart the other state Govt.s, even the Central Govt. is yet to extend this facility to it's staff.
As per the new provisions, employees can visit the neighboring countries once in every ten years. The journey may be performed by national carrier or any private airlines of the country in economy class.
In addition to this they can enjoy One Home Travel Concession once in every five years to visit any place within the State.
List of the countries for foreign visit :
Thailand, Singapore, Malaysia, Myanmar, Sri Lanka, Bangladesh, P kistan, Nepal, Bhutan and Maldives.
Click here for the office memorandum.

Sunday, October 11, 2015

Declaration of Assets and Liabilities under Lokpal : Date extended further

Last date of filling declaration under Lokpal Act has been extended further from 15th October 2015 to 15th April 2016.
The last date of filing revised return for the year 2014 (as on 01.08.2014) and the return for the year 2015 (as on 31.03.2015) by Public Servants under the rule has now been further extended from 15th October 2015 to 15th April 2016.
Click here for the DOPT O.M. dated 11.10.2015

LIC wage revision : Final meeting on 16th & 17th October 2015.

No strike on 14th October
LIC management has called all joint front constituents for final discussion on wage revision. The talks are at Mumbai on 16th & 17th October 2015.

In view of above invitation for talks, it has been decided by all constituent unions in Joint Forum to suspend the current agitational programmes (including strike action on 14th October 2015).

Saturday, October 10, 2015

Central employees likely to get 30 days' bonus, ceiling may be hiked later

 Ahead of the festival season, the government is likely to give an ad-hoc bonus of up to Rs 3,500 to Group C central government employees and personnel of the armed and para military forces.
The government may sanction grant of non-productivity linked bonus (ad-hoc bonus) equivalent to 30 days emoluments for the accounting year 2015-16 to the central government employees (Group C) and the notification in this regad will be issued next week, a senior official of Finance Ministry said.
“The limit for bonus is Rs 3,500,and the bonus will also be given to all non-gazetted employees in Group B, who are not covered by any productivity- linked bonus scheme,” he also told us.
The payment will also be admissible to the central Police and para-military personnel and personnel of armed forces.
Employees of the Union Territory Administration, which follows the central government pattern of emoluments and not covered by any other bonus or ex-gratia scheme would also be eligible for this ad-hoc bonus.
Enhancement of ceiling :
As per the General Secretary, All India Railwaymens' Federation, Govt. may take up the issue of raising the ceiling after the forthcoming Bihar Election.
Click here for the communication from AIRF

Friday, October 9, 2015

Meeting of National Council (JCM) with DOPT today : Will Bonus ceiling be revised ?

Govt. has approved 78 days' bonus to Railway employees and 40 days' bonus to postal employees with old monthly ceiling or Rs 3500/- per month. Central employees expecting higher bonus this year followed by definite assurance made by Govt. earlier regarding hike in the calculation ceiling got disappointed. Government yet to revise the calculation ceiling of Rs 3500/- per month.
There is an important meeting scheduled with DOPT  to discuss the issues raised in the Charter of Demands by the Staff Side. Union leaders are certain to raise the bonus issue in this meeting and Govt. stand to this issue is widely expected.

Wednesday, October 7, 2015

Cabinet approved 78 days' bonus for Railway employees. Calculation ceiling stands at Rs 3500 p.m.

The Union Cabinet in its meeting held on October 2015 accepted the proposal of the Ministry of Railways for payment of Productivity Linked Bonus (PLB) equivalent to 78 days’ wages for the financial year 2014-2015 for all eligible non-gazetted Railway employees (excluding RPF/RPSF personnel).
The financial implication of payment of 78 days’ PLB to railway employees has been estimated to be Rs. 1030.02 crore. The wage calculation ceiling prescribed for payment of PLB to the eligible non-gazetted railway employees is 3500/- p.m. The maximum amount payable per eligible railway employee is Rs. 8975 for 78 days.
Click here for PIB Release

Monday, October 5, 2015

Likely Bank D.A. from November 2015

3% (30 slabs) increase likely.
At present the DA (as per 10th BPS) is @ 36.40%, for the months of  August,  2015 to October  2015.    The CPI has moved up considerably from June 2015 level.  Thus, in the given scenario, there are good chances that  DA from November 2015 will increase  in all probabilities by around 3.00%    Thus, we project that DA for November  2015 will be around  39.40%

Finance Ministry reminds Pay Commission about fiscal concern, hopeful about consideration

  • Pay panel will be mindful of fiscal concerns: FinMin
  • New Delhi, Oct 5 (PTI) Finance Ministry today said the Seventh Pay Commission will be mindful of the fiscal concerns of the government while giving its report on new pay scales and remunerations for central government employees and pensioners.

    The Commission, headed by Justice A K Mathur, has been given time up to December 2015 to submit its report on revising emoluments of nearly 48 lakh central government employees and 55 lakh pensioners.

    "We have communicated our concerns with regard to sustainability of public expenditure to Pay Commission. I am sure the members and chairman of the commission are aware of and will be sensitive to our concerns," Finance Secretary Ratan Watal told reporters here.

Saturday, October 3, 2015

Karnataka hikes D.A, from 1st July 2015

"Government are pleased to sanction increase in the rates of Dearness Allowance payable to the State Government Employees in the Revised Pay Scales 2012 from the existing 28.75% to 32.5% of Basic pay with effect from 1st July, 2015."
"Government are also pleased to sanction increase in the rates of Dearness Allowance from the existing 28.75% to 32.5% of the Basic Pension/Family Pension with effect from 1" July, 2015 to the State Government Pensioners/Family Pensioners and pensioners/Family Pensioners of the Aided Educational Institutions whose Pension/Family Pension is paid out of the Consolidated Fund of the State.
Government are also pleased to sanction increase in the rates of Dearness Allowance from the existing 28.75% to 32.5% of the Basic Pension/Family Pension with effect from 1" July, 2015 to the Pensioners/Family' Pensioners who were drawing pay at the UGC/AICTE/ICAR scales of pav"
Click here for the order.

Thursday, October 1, 2015

AICPIN of August 2015 released. Increased by one point

All-India Average Consumer Price Index Numbers for Industrial Workers (Base 2001=100) for the month of August 2015 has been increased by one point and reached 264.

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