Breaking


Showing posts with label Arrear Payment. Show all posts
Showing posts with label Arrear Payment. Show all posts

Saturday, 8 April 2017

10:36

DA from January 2017 for Central Government Employees – Orders issued by Finance Ministry

DA from January 2017 for Central Government Employees – Orders issued by Finance Ministry

No.1/3/2017-E-II(B)
Government of India
Ministry of Finance
Department of Expenditure
North Block, New Delhi

Dated the 30th March, 2017

Office Memorandum

Subject: Grant of Dearness Allowance to Central Government employees –

 Revised Rates effective from 1/1/2017The undersigned is directed to refer to this Ministry’s Office Memorandum No.1/2/2016-E-II(B) dated 4th November, 2016 on the subject mentioned above and to say that the President is pleased to decide that the Dearness Allowance payable to Central Government employees shall be enhanced from the existing rate of 2% to 4% of the basic pay with effect from 1st January, 2017.

2. The term ‘basic pay’ in the revised pay structure means the pay drawn in the prescribed Level in the Pay Matrix as per 7th CPC recommendations accepted by the Government, but does not include any other type of pay like special pay, etc.

3. The Dearness Allowance will continue to be a distinct element of remuneration and will not be treated as pay within the ambit of FR 9(21).

4.The payment on account of Dearness Allowance involving fractions of 50 paise and above may be rounded to the next higher rupee and the fractions of less than 50 paise may be ignored.

5. The payment of arrears of Dearness Allowance shall not be made before the date of disbursement of salary of March, 2017.

6. These orders shall also apply to the civilian employees paid from the Defence Services Estimates and the expenditure will be chargeable to the relevant head of the Defence Services Estimates. In respect of Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

7.In so far as the employees working in the Indian Audit and Accounts Department are concerned, these orders are issued with the concurrence of the Comptroller and Auditor General of India.
sd/-

(Nirmala Dev)
Deputy Secretary to the Government of India

Source:URL
0
By at No comments:
Labels: , , ,

Thursday, 13 October 2016

22:22

7th Pay Commission: Modi govt's Diwali bonanza to armed forces! Indian Soldiers to get 10% arrears

7th Pay Commission: Modi govt's Diwali bonanza to armed forces! Indian Soldiers to get 10% arrears

New Delhi: Government is going to bring further cheers for the armed forces this Diwali, as it has decided to disburse 10 percent arrears to them, a financial daily has said.
As per a report in the Economic Times, India's soldiers will get an interim payment before October 30.
The ET access to an October 10 order by the defence ministry. It says pending issuance of the 7th pay commission notification, "the President has sanctioned payment of arrears on ad hoc basis. Arrears will be 10 percent of the current drawn pay (including dearness allowance) for all soldiers, calculated from January 2016."
The Defence Ministry had recently notified the 7th Pay Commission. However, the armed forces have been unhappy with the cabinet approval of the Seventh Pay Commission recommendations saying the anomalies that they had highlighted has not been taken care of.
The forces argue that the anomalies lower the status and pay parity of forces vis-a-vis their counterparts in the police and civilian administration.
Defence Minister Manohar Parrikar had in the last couple of months held several meetings with Service Chiefs and the members of the Armed Forces Pay Commission Cell to discuss the anomalies in the 7th Pay Commission of the Armed Forces.
Parrikar had also assured them that the "anomalies" they pointed out in the 7th Pay Commission will be taken up at the "highest level".

Source:ZeeNEWS


0
By at No comments:
Labels: , , , ,

Thursday, 4 August 2016

07:40

7TH PAY COMMISSION: PAYMENT OF ARREARS WITH CURRENT MONTH SALARY; COMMITTEE ON ALLOWANCES TO MEET THIS WEEK

7TH PAY COMMISSION: PAYMENT OF ARREARS WITH CURRENT MONTH SALARY; COMMITTEE ON ALLOWANCES TO MEET THIS WEEK

New Delhi: The first meeting of the Finance Secretary-led committee appointed to look into the allowances recommended by the 7th Pay Commission is scheduled this week while the payment of arrears will be paid to central government employees and pensioners in a single installment along with this month salary.
IANS has reported quoting Finance Secretary Ashok Lavasa that the committee on allowances will have its first meeting this week.
The Committee will submit its report within a period of four months. Till a final decision on Allowances is taken based on the recommendations of this Committee, all Allowances will continue to be paid at existing rates in existing pay structure, as if the pay had not been revised with effect from 1st day of January, 2016.
“The 7th Pay Commission examined a total of 196 existing allowances and, by way of rationalization, recommended abolition of 51 allowances and subsuming of 37 allowances. Given the significant changes in the existing provisions for allowances which may have wide ranging implications, the Cabinet decided to constitute a Committee headed by Finance Secretary for further examination of the recommendations of 7th CPC on allowances,” as per the press release issued by the government after the Cabinet approval to Pay Commission recommendations.
It was estimated by the Pay Commission that the additional financial impact on the exchequer due to the implementation of all its recommendations in 2016-17 will be Rs 102,100 crore. This apart, it had estimated an additional implication of Rs 12,133 crore on account of arrears.

SOURCE –  ZEE NEWS


0
By at No comments:
Labels: , , , , ,

Monday, 25 April 2016

18:56

Govt likely to implement 7th Pay Commission award around September-October

Govt likely to implement 7th Pay Commission award around September-October

New Delhi: The Central government employees will have to wait till September-October to get higher salaries under the 7th Pay Commission.

As per a Financial Express report, government is expecting that higher salaries released around the festival period starting with Durga Puja and Diwali will boost consumption, which will have a multiplier effect on the economy. 

Though the employees will get arrears with retrospective effect from January 1, no retrospective arrears in allowances will be given. With the move, the exchequer would be able to save around  Rs 11,000 crore. 

The commission had estimated the additional outgo in FY17 due to its award at R73,650 crore.

Source:ZeeNews 
0
By at No comments:
Labels: , , ,

Tuesday, 23 June 2015

22:08

Government Gives Green Signal For Arrear Payment

Government Gives Green Signal For Arrear Payment

F.No 4/1/5/2012-IR
Government Of India
Ministry of Finance
Department of Financial Services

Jeevan Deep,IIrd Floor
Parliament Street,NewDelhi
Dated the June 19,2015

To,
Sh.M.V.Tanksale,
Chief Executive,
Indian Bankers Association,
Mumbai.

Subject :Salary Revision for Officer Employees of Public Sector Banks Governed by officers service Regulation -10 th Bipartite Settlement for period 1.11.2012 to 31.10.2017

Order Copy Attached.



0
By at No comments:
Labels: , , , , ,