Friday, March 28, 2014
Wednesday, March 19, 2014
Welfare Fund for GDS
GDS are requested to enroll in Circle Welfare Fund. An amount of Rs.240.00 will be deducted from your salary in a year and you may get the facility of Loan for constructing Latrine, purchasing computer,laptop,scooter. Can get financial assistance for typical surgery or medical treatment. One time assistance for accidental death and many more facility.
Monday, March 17, 2014
Saturday, March 1, 2014
10 % DA ANNOUNCED
Release of additional installment of dearness allowance to Central Government employees and dearness relief to Pensioners, due from 1.1.2014
The Union Cabinet today approved the proposal to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect from 01.01.2014, in cash, but not before the disbursement of the salary for the month of March 2014 at the rate of 10 percent increase over the existing rate of 90 percent.
Hence, Central Government employees as well as pensioners are entitled for DA/DR at the rate of 100 percent of the basic with effect from 01.01.2014. The increase is in accordance with the accepted formula based on the recommendations of the 6th Central Pay Commission.
The combined impact on the exchequer on account of both dearness allowance and dearness relief would be Rs. 11074.80 crore per annum and Rs. 12920.60 crore in the financial year 2014-15 ( i.e. for a period of 14 months from January 2014 to February 2015).
Hence, Central Government employees as well as pensioners are entitled for DA/DR at the rate of 100 percent of the basic with effect from 01.01.2014. The increase is in accordance with the accepted formula based on the recommendations of the 6th Central Pay Commission.
The combined impact on the exchequer on account of both dearness allowance and dearness relief would be Rs. 11074.80 crore per annum and Rs. 12920.60 crore in the financial year 2014-15 ( i.e. for a period of 14 months from January 2014 to February 2015).
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