Thursday, July 31, 2014

Central employees to get 7% D.A. from 01.07.2014

Consequent to 2 points increase in the All India Consumer Price Index for June 2014, the final calculation for D.A. from July 2014 can be done.
As informed earlier in this blog, Central employees and pensioners are going to get a 7% increase in Dearness allowance with effect from 1st July 2014.
The increase will have to get cabinet approval and expected to be officially endorsed in the month of September as per existing norms.

Bank D.A. to increase 33 slabs, Pensioners to get 17 slabs more from August 2014


Consumer Price Index for Industrial Workers (CPI-IW) : June 2014

The all India CPI - IW for June 2014 increased by 2 points and stood at 246.
View the Labour Bureau Press Note

Sunday, July 27, 2014

File your Income Tax Return before it is too late

The due date of filing Income Tax Return for assessees whose accounts are not needed to be audited is 31.07.2014. That means all individuals (other than a very high income professionals) including salaried taxpayers should file his return within the last day of July. 
Some frequently asked questions and simple answers.
Website Countdowns
Who has to file return ?

Wednesday, July 23, 2014

Central offices to continue with 5 day week

There is no proposal to change the present five-day week for the employees of central government ministries and departments, Lok Sabha was informed on Wednesday. “No,” said Jitendra Singh, minister of state for personnel, public grievances and pensions in a written reply to a question whether the government plans to change the five days per week working for central government servants. There were reports that the government was considering increasing the five-day week schedule to six days. The minister said there was also no proposal to enhance earned leave and casual leave being granted to the employees. “There is no such proposal under consideration of the government,” he said.
Source : PTI

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