Tag: Government

Restoration of 1/3rd commuted portion of pension in respect of Government servants who had drawn lumpsum payment – DPPW orders

No.4/38/2008-P&PW (D) Government of India Ministry of Personnel, Public Grievances & Pensions (Department of Pension & Pensioners’ Welfare) 3rd Floor, Lok Nayak Bhawan New Delhi-110 003. Dated the 4th August, 2016 OFFICE MEMORANDUM Subject: Restoration of 1/3rd commuted portion of pension in respect of Government servants who had drawn lumpsum payment on absorption in Central Public Sector Undertakings/Central Autonomous Bodies – Stepping up of notional full pension w.e.f. …

7th Pay Commission: SBI unveils cheaper home loans for beneficiaries

To attract the beneficiaries of 7th Pay Commission, SBI has launched cheaper home loan schemes for defence and other government employees with installment tenure extending up to 75 years of age. It will offer two new home loan products ‘SBI Privilege Home Loan’ for government employees and ‘SBI Shaurya Home Loan’ for defence personnel without any processing fee. “Under the new …

7TH CPC – THE GRADE PAY UPGRADED FOR GIVEN POST, LIST IS GIVEN BELOW

UPGRADED THE GRADE PAY FOR GIVEN POST, LIST IS GIVEN BELOW Present Grade Pay and New Higher Grade Pay for the following Posts recommended by 7th Pay Commission Sl.No Ministry / Dept Name of the Post Present 6cpc Grade Pay (Rs.) New Grade Pay recommended by 7th Pay Commission (Rs) 1. Railways Dietitians 4200  4600 2. Railways Senior Dietitians 4600 4800 3. Railways Assistant Dietetic Officer 4800 5400 (in PB-2) 4. Andaman and Nicobar Administration Junior Radiographer 2000 2800 5. Railways Perfusionists 2400 4200 6. CGHS Dental Hygienists 2400 4200 7. Defence Russian Officers Translators 4600 5400 8. Defence Russian Senior Officers Translators 5400 6600 9. Defence Russian Editors 6600 7600 10. Central Sheep Breeding …

GOOD NEWS – Government of India has issued Gazette Notification for 7th Pay Commission

Government of India has issued Gazette Notification for 7th Pay Commission, Notification has been uploaded below: Download link  - click here - http://finmin.nic.in/7cpc/7thCPC_resolution25072016.pdf

KNOW ABOUT – Taxable and Non-Taxable Elements of Pay and Allowances

List of Taxable Elements of Pay Taxable Element of Pay : Provisions are applicable equally for monthly payment of Allowances as well as arrears for the said head of Pay/Allowances. Non-Taxable Elements of Pay : Salary for this purpose includes Pay in Pay Band + Grade Pay + MSP (w.e.f. 01 Sep 08) + DA + NPA (if any). Sl. No. Taxable Elements of …