Tuesday, July 7, 2015

Central employees to file return under Lokpal within 15th October 2015

DOPT has come out with a series of frequently asked questions and answers there on. The most important thing is about the last date by which each employees have to file their information regarding assets and liabilities. This is summarized here under.
The first return (as on 1 at August, 2014) under the Lokpal Act should be filed on or before the l5th October, 2015; 
The next annual return under the Lokpal and Lokayuktas Act, 2013 for the year ending 3Ist March, 2015 should be filed on or before the l5th October, 2015; and 
The annual return for subsequent years as on 31' March every year should be filed on or before 31" July of that year.  
Click here for the full set of FAQs.

Sunday, July 5, 2015

Kerala pay report to be submitted on July 10, Retirement age to be increased to 58

Increasing the retirement age for Kerala government employees by two years to 58 may be one of the recommendations of the 10th Kerala Pay Revision Commission. The commission, led by Justice C.N. Ramachandran Nair, will submit its report on July 10.
The commission is expected to recommend the increase of retirement age to balance the extra burden on the treasury due to a pay rise across the board. The report recommends a minimum salary of Rs 16,000 and a maximum salary of Rs 1 lakh for employees.

Friday, July 3, 2015

Seventh CPC Update : 30% hike in pay, 4 times G.P. on the cards

The Seventh Pay Commission may present its report to the government by August so that salary hike can be implemented from January 2016
 The Seventh Pay Commission may recommend a 2-3 times hike in government salaries from 2006 levels, a move which may spread cheers among civil servants but increase the stress on the fisc.
 Sources told Bloomberg TV India that Seventh Central Pay Commission (CPC) was considering mega give-away to the government employees. When the government implements the CPC mandate hopefully from January 2016, salary scale may double or treble from what it was in 2006, an official said.
 On an annual basis, the hike may be close to 30 per cent as consecutive hikes in dearness allowances has already raised the salary levels of government staff.
 Sources said there is likely to be a four-fold hike in the grade pay. In the lowest salary band, the grade pay is likely to go up from Rs 1,800 per month to Rs 7,300. In the higher bracket, it may go up from the current Rs 12,000 to Rs 50,000.

Thursday, July 2, 2015

100% hike in pay recommended, not of Govt. employees, but for MPs.

A parliamentary panel has pitched for 100 percent hike in salary and daily allowances of MPs and 75 percent raise in pension of ex-MPs apart from facilities for their "companions" in place of "spouses".

In far-reaching recommendations, the panel, headed BJP MP Yogi Adityanath, has sought doubling of the existing Rs 50,000 salary of MPs and favoured increasing the pension of former parliamentarians from Rs 20,000 to Rs 35 thousand.

The panel has also recommended that the daily allowance of MPs of Rs 2,000 for attending the House during Parliament sessions should be doubled to Rs 4000.

Tuesday, June 30, 2015

Likely Central D.A. from 1st July 2015 (Updated)

With the release of CPI(IW) No. of May 2015 (Increase of 2 points), It is almost certain that central employees will get another 6% of Dearness Allowance from 1st July 2015. Only one moth's figure (June'15) is needed for the final calculation of average of last 13 month's figure. Based on the last 11 month's figure it can be safely predicted that total D.A. will be 119% for the next half year, possibly the last before new pay scale is introduced. Minor increase or decrease of 1/2 points for CPI(IW) No. for June'15 (Which will be released on 31st July) will have no impact on the D.A. from July 1.

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