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Posted under News on 07 Jun,18 7:27a.m.
The Union Cabinet today approved raising the basic pay of Gramin Dak Sevaks (GDS) by over three-fold to up to Rs 14,500 per month, effective January 1, 2016. The minimum wage of GDS has been increased to Rs 10,000 per month and maximum to Rs 35,480 per month. Though the basic pay has been hiked by over three-fold, average increase of total wages across the board will be around 56 per cent. Th....
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Posted under News on 07 Jun,18 6:05a.m.
The Union Cabinet chaired by Prime Minister Shri Narendra Modi today has approved the revised guidelines of the Department of Public Enterprises (DPE) on time bound closure of sick/ loss making Central Public Sector Enterprises (CPSEs) and disposal of movable and immovable assets. The revised guidelines would reduce delays in implementation of closure plans of sick/loss making CPSEs.  These g....
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Posted under News on 04 Jun,18 8:44p.m.
From media sources. Reader discretion advisedAccording to a report in the Sen Times, in the wake of 2019 elections, Prime Minister Narendra Modi would announce a salary hike in his August 15 speech from the Red fort. The report claimed that the Prime Minister would announce a hike in minimum pay and fitment factor and raise in retirement age on the Independence Day, 15 August 2018.The report says&....
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Posted under News on 01 Jun,18 7:44a.m.
The joint action council of postal employees has withdrawn their indefinite stir. The strike which was on since 21st, was temporarily called off on Thursday following discussions between employees’ organisations and Director of Postal Services, Sayeed Rasheed, on the directives of the Chief Post Master General. The decision to call off the strike was taken by the NFPE (National Federation of Posta....
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Posted under News on 02 May,18 11:51a.m.
Finance Minister Arun Jaitley in his Finance Bill had provided for automatic revision of their salary, pension and allowances every five years commencing April 1, 2023, based on the cost inflation index.The finance minister may consider extending this kind of automatic revision of pay, pension and allowance every five years to the Central government employees and pensioners based on the All India ....
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Posted under News on 01 May,18 5:55p.m.
The All-India CPI-IW for March 2018 remained stationery at 287. On 1-month percentage change, it remained static between February and March 2018 when compared with the increase of (+) 0.36 percent between the corresponding months of previous year.With only three more months data to be available, it is expected that the DA from the month of July 2018 will be approximately 9%, a hike of 2%.....
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Posted under News on 01 Feb,18 7:47p.m.
Finance Minister Arun Jaitley on Thursday tabled Union Budget 2018-19 which brought a lot of cheer to the rural economy and agricultural sector but left the salaried class a little disappointed as the government did not tinker with the income tax rates. But for government employees, this is the most disappointing budget in the history, National Joint Council of Action Chief Shiv Gopal Mishra who i....
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Posted under News on 01 Feb,18 7:23p.m.
1. No change in income tax slabs for individuals Stating that the government had made many positive changes in the personal income-tax rate applicable to individuals in the last three years, Jaitley left the income tax slabs unchanged this Budget. 2. Cess on income tax hiked to 4% Budget 2018 has proposed to hike the cess on income tax from 3% to 4% thereby increasing the tax payabl....
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