Travelling Allowance to Civilian Employees posted in Ladakh region of the State of Jammu & Kashmir–Finmin Orders

Allowances and Special Facilities to Civilian Employees of the Central Government serving in the States of the North Eastern Region (including Sikkim) and in the Union Territories of Andaman & Nicobar, Lakshadweep group of Islands Extension of the benefits related to Travelling Allowance to Civilian Employees posted in Ladakh region of the State of Jammu [...]

April 4, 2013  Tags: , , , , ,   Posted in: Allowances, Finmin Orders  No Comments

Granting of one increment on promotion in same grade pay – Confederation writes to Finance Ministry

CONFEDERATION WRITES TO SECRETARY DEPARTMENT OF EXPENDITURE ON FIXATION OF PAY ON PROMOTION CARRYING SAME GRADE PAY D/16/2012 Dated: 10th November, 2012. To The Secretary, Department of Expenditure, Ministry of Finance, Government of India, North Block New Delhi. 110 001 Dear Sir, Sub:  Fixation of pay on promotion to a post carrying the same Grade [...]

November 12, 2012  Tags: , , , , , ,   Posted in: Finmin Orders, Pay Fixation  3 Comments

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 [...]

September 21, 2012  Tags: , ,   Posted in: Finmin Orders  No Comments

Government to Make Payments Directly to the Bank Account of Payees

Press Information Bureau Government of India Ministry of Finance 10-April-2012 18:31 IST Government to Make Payments Directly to the Bank Account of Payees; Measure to Enhance Transparency and Accountability in Public Dealings of the Central Government and also Usher Green Banking As part of the Government’s commitment to good governance and elimination of corruption, the [...]

April 11, 2012  Tags: , ,   Posted in: Uncategorized  No Comments

Finmin replies to Parliament Questions regarding New pension scheme

Ministry of Finance New Pension Scheme New Pension Scheme (NPS) is a defined contribution scheme, its pay out depends upon the amount of contribution and the growth on the investment over a period of time for an individual while defined benefit schemes pay out is defined and is based on salary and number of years [...]

December 13, 2011  Tags: , , , , ,   Posted in: NPS  One Comment

Finance Ministry issued Dearness allowance order July 2011

Finance Ministry issued Dearness allowance order July 2011   Payment of Dearness Allowance to Central Government employees – Revised rates effective from 1.07.2011.   Finance Ministry has issued the order for enhancing the Dearness allowance from 51% to 58% with effect from 1st July 2011. The key points of the order is that the payment [...]

October 3, 2011  Tags: , , ,   Posted in: Allowances, Expected DA  No Comments

Public Notice – Fake Emails attaching forged certificates issued by Ministry of Finance

Ministry of Finance Department of Economic Affairs Administration Division North Block, New Delhi Dated 18th July,2011 ADVISE It has come to the notice of Department of Economic Affairs that some Organisations / People are sending e-mails attaching forged certificates issued by Ministry of Finance by using the names of the officers of this Department, to [...]

July 21, 2011  Tags: , , ,   Posted in: CCS Rules, FAQ, Uncategorized  No Comments

URGENT PUBLIC NOTICE FROM FINANCE MINISTRY

URGENT PUBLIC NOTICE FROM FINANCE MINISTRY URGENT PUBLIC NOTICE It has come to the notice of the Ministry of Finance, Department of Revenue that some unscrupulous persons are sending e-mail messages to innocent internet users calling upon the recipient  to deposit/remit a facilitation money of Rs.38,892/- in order to obtain the prize money of US [...]

June 30, 2011  Tags: ,   Posted in: Uncategorized  No Comments

Clarification on grant of House Rent Allowance(HRA) – order from Finance Ministry

Grant of House Rent Allowance    No.2(13)12008-E.II(B) Government of India Ministry of Finance Department of Expenditure *****    New Delhi, 4th March, 2011.    OFFICE MEMORANDUM    Subject:      Decision of the Government on the recommendations of the sixth Central Pay Commission relating to re-classification of cities/towns for grant of House Rent Allowance (HRA).          The undersigned [...]

March 21, 2011  Tags: ,   Posted in: Expected DA, Uncategorized  One Comment

MCM Rs.4200 Grade Pay matter back to pavilion…

   GRADE PAY Rs.4200 TO MASTER CRAFTS MAN    It has been told that all the three federations (AIDEF, INDWF, and BPMS) are opposing this proposal as it was not the same as they accepted in Fast Track Committee. Hence it is believed that the Defence Ministry now sent the file back to MOF for [...]

May 5, 2010  Tags: , , , , ,   Posted in: Defence, Uncategorized  2 Comments