Sunday 7 June 2015

Modi Government to Raise Bonus Limits from Rs.3500 to Rs.4500



Modi Government to Raise Bonus Limits from Rs.3500 to Rs.4500





The Government has decided to raise the upper limit for the annual bonus that is being given to Central Government employees all over the country.





Payment of Bonus (Amendment) ordinance 2007 according to which section 12 of the payment of Bonus Act 1965 had been amended raising the ceiling for calculation purpose from salary of 2500/- P.M. to Rs.3500/-P.M. w.e.f. 01.04.2006. And also amended the Payment of Bonus Act, 1965 to raise the eligibility limit for payment of bonus from the salary or wage of Rs. 3500/- per month to Rs. 10000/- per month.






Click here to read continue...

Saturday 6 June 2015

Investment guidelines for NPS Scheme with effect from 10.6.2015 – PFRDA Circular



Investment guidelines for NPS Scheme with effect from 10.6.2015 – PFRDA Circular





Investment guidelines for NPS Schemes (Applicable to Scheme CG, Scheme SG, Corporate CG and NPS Lite schemes of NPS and Atal Pension Yojana) w.e.f, 10th June, 2015.





Pension Fund Regulatory & Development Authority issued an important circular regarding the investments guidelines for NPS Scheme with effect from 10.6.2015





"NPS investments have been restricted to 5% of the ‘paid up equity capital’* of all the sponsor group companies or 5% of the total AUM under Equity exposure whichever is lower, in each respective scheme and 10% in the paid up equity capital of all the non-sponsor group companies or 10% of the total AUM under Equity exposure whichever is lower, in each respective scheme."






Click here to read continue...

Friday 5 June 2015

Meeting with 7th Pay Commission – NC JCM meets all Standing Committee Members on 8.6.2015



Meeting with 7th Pay Commission – NC JCM meets all Standing Committee Members on 8.6.2015





NC JCM(Staff Side) has decided to meet all the standing committee members before the final Meeting with 7th Central Pay Commission will be held on 9.6.2015. And National Anomaly Committee meeting on 12 pending NAC items also expected to be held on 9th June 2015.





MEETING WITH 7TH CPC





Shiva Gopal Mishra


Secretary


National Council (Staff Side)


Joint Consultative Machinary


For Central Government Employees


13-C. Ferozshah Road. New DelhI – 110001


E Mall :nc.jcm.np@gmail.com


No.NC/JCM/7th CPC/2015


Dated: May 30, 2015


All the Standing Committee Members of the National Council, JCM (Staff Side)



Click here to read continue...

Thursday 4 June 2015

House Rent Allowance, Travel Allowance increased for select cities



House Rent Allowance, Travel Allowance increased for select cities





Based on the Census of 2011, the House Rent Allowance and Travel Allowance for Central Government employees of a few cities are going to be hiked.





At the cabinet meeting, under the leadership of Prime Minister Narendra Modi, it was decided that, based on the Census report of 2011, the status of 29 towns and small towns is going to be upgraded. Central Government employees employed in these cities and towns will be eligible to grant revised House Rent Allowance and Rravel Allowance with effect from April 1, 2014. This would cost the government exchequer an additional Rs.128 crores annually.






Click here to read continue...

All India General Strike on 02.09.2015 – Joint declaration of the Central Trade Unions









All India General Strike on 02.09.2015 – Joint declaration of the Central Trade Unions









INDIAN NATIONAL DEFENCE WORKERS FEDERATION


ESTD 1959 (Recognised by Govt. of India)





R. SRINIVASAN General Secretary





INDWF/Circular/019/2015





Date: 01.06.2015





To


All Affiliated Unions of INDWF,


Dear Colleagues,





We are herewith enclosing the copy of the Joint declaration of the Central Trade Unions (CTUs) which met on 26.05.2015 at Delhi. In the Joint Declaration, the Central Trade Unions in the National Convention of workers expressed deep concerns over anti-worker, anti-people and pro-corporate actions of the present Government at the centre in pursuance of the policy of globalisation.




Click here to read continue...

Calculation formula for payment of Night Duty Allowance – PC of A(Fys) Circular on 29.5.2015



Calculation formula for payment of Night Duty Allowance – PC of A(Fys) Circular on 29.5.2015





Payment of Night Duty Allowance (NDA) at revised rates to the eligible civilian employees working in the Establishments under the Ministry of Defence





CIRCULAR





OFFICE OF THE PRINCIPAL CONTROLLER OF ACCOUNTS (FYS) 


10A, S.K.BOSE ROAD, KOLKATTA, 700001





Pay/Tech-II/1206/2015/08





Dated: 29.05.2015





Subject: Payment of Night Duty Allowance (NDA) at revised rates to the eligible civilian employees working in the Establishments under the Ministry of Defence





With respect to this office Circular No. Pay/Tech-II/1206/2015/07 dated 28-05-2015 it is further instructed that the formula for payment NDA (Night Duty Allowance) to all eligible categories (IE/NIEs/NGOs) of employees working in Ordnance Factories organization will hence forth be revised. The hourly rate for NDA is to be calculated on the basis of revised band Pay plus Grade pay plus DA divided by 195 hours, being the total actual normal working hours in a month in Ordnance Factories.






Click here to read continue...

Central Secretariat employees demanded removal of stagnation and timely promotions



Central Secretariat employees demanded removal of stagnation and timely promotions





Central Secretariat employees have demanded removal of stagnation in Services and facilitation of timely promotions.





Central Secretariat employees demand timely promotions





Central Secretariat employees have demanded removal of stagnation in Services and facilitation of timely promotions. A deputation of “Central Secretariat Services Forum” led by its Convenor, Shri D.N.Sahoo called on Dr Jitendra Singh, Minister of State Personnel, here today and thanked him for his positive and cooperative response to all their grievances in the past one year and expressed the hope that he would also find a way out to overcome the anomaly in Services which has been adversely affecting them for the last several years. They also handed over a memorandum to him.




Click here to read continue...