Fixation of pay on promotion : Finmin issued clarification on Fixation of pay on promotion carrying the same grade pay…

No.10/02/2011.E.III/A Government of India Ministry of Finance Department of Expenditure New Delhi, the 7th January, 2013 OFFICE MEMORANDUM Subject:—Fixation of pay on promotion to a post carrying higher duties and responsibilities but carrying the same grade pay. The undersigned is directed to invite an attention to the provisions contained in Rule 13 of the CCS(RP) Rules, 2008, which provides for the method of fixation of pay on promotion on or after 1.1.2006 in case. inter-alia, of … [Read more...]

Allotment of Grade Pay of Rs. 5400/- in PB-2 for Group ‘B’ Gazetted Officers and Grade Pay of Rs.4800/- in PB-2 to Supervisors in the Railways

Rejection by MOF of proposal of Railway Board for Grade Pay of Rs.5400 to Group 'B' officers... No.22/02/2009-IC-II Government of India Ministry of Finance Department of Expenditure New Delhi, dated the 15th May, 2012 OFFICE MEMORANDUM Subject : Allotment of Grade Pay of Rs. 5400/- in PB-2 for Group 'B' Gazetted Officers and Grade Pay of Rs.4800/- in PB-2 to Supervisors in the Railways. The undersigned is directed to refer to Ministry of Railways OM No.PC VI/2008/IC/21 … [Read more...]

FM APPROVES RAJIV GANDHI EQUITY SAVINGS SCHEME FOR RETAIL INVESTORS

FM APPROVES RAJIV GANDHI EQUITY SAVINGS SCHEME FOR RETAIL INVESTORS The  Union  Finance Minister, Shri. P. Chidambaram approved a new tax saving scheme called “Rajiv Gandhi Equity Saving Scheme“(RGESS), exclusively for the first time retail investors in securities market. This Scheme would give tax benefits to new investors who invest up to Rs. 50,000 and whose annual income is below Rs. 10 lakh. The Scheme not only encourages the flow of savings and improves the depth of domestic … [Read more...]

Clarification on the admissibility of House Rent Allowance to the Central Government Employees posted at Greater Noida — regarding.

No. 2(8)12012-E.(B) Government of India Ministry of Finance Department of Expenditure New Delhi, 6th August, 2012 OFFICE MEMORANDUM Subject:- Clarification on the admissibility of House Rent Allowance to the Central Government Employees posted at Greater Noida — regarding. It has been observed that payment of HRA @ 30% of Basic Pay is being made by certain Ministries/Departments to the Central Government employees posted at Greater Noida, in violation of the instructions issued by … [Read more...]

Payment of Transport Allowance to Central Government Employees in Faridabad, Gurgaon, Ghaizaibad and Noida

  No.21(8)12010-E-U(B) Government of India Ministry of Finance Department of Expenditure   Dated, the 1st August, 2012   OFFICE MEMORANDUM   Subject:- Payment of Transport Allowance to Central Government Employees in Faridabad, Gurgaon, Ghaizaibad and Noida.   It has been brought to the notice of this Ministry that some Central Government Offices located in Faridabad and Gurgaon are paying Transport Allowance to its employees at the … [Read more...]