Thursday, February 28, 2013

Andhra Pradesh appoints chairman of new pay commission

Hyderabad, Feb 28 (PTI) The Andhra Pradesh government today appointed retired bureaucrat P K Agarwal as chairman of the new Pay Revision Commission.This follows a demand by the AP Non-Gazetted Officers' Association for constitution of the PRC.
The Association served a strike notice to the government recently in support of its demand and also announced a 'Chalo Hyderabad' agitation programme.
Giving into the demand, the government today announced the constitution of PRC with Agarwal as the head.

AICPIN of January 2013 released

AICPI(Iw)20001=100, for the the month of January 2013,stood at 221 points with 2 points increase from December figure.

Highlights of the Budget 2013-14

The Union Budget for 2013-14 aims at higher growth rate leading to inclusive and sustainable development as ‘mool mantra’.
 ·        Finance Minister makes three promises: to women, youth and the poor.

Tuesday, February 26, 2013

Rail Budget 2014 : No fare hike but some charges up

Salient features of Rail Budget 2013-14

  • 22 new lines to be taken up in 2013-14
  • Superfast and Tatkal charges to rise

Monday, February 25, 2013

EPF interest rate for 2012-13 hiked to 8.5%

Retirement fund body EPFO on Monday decided to pay 8.5 per cent interest rate to its over 5 crore subscribers on their PF deposits for 2012-13, higher than 8.25 per cent provided in the previous fiscal.
The decision was taken at the meeting of the Central Board of Trustees (CBT), the highest decision making body of the Employees’ Provident Fund Organisation (EPFO).

Saturday, February 23, 2013

Bank Xth BPS : 1st meeting held on 22.02.13

 A brief of the meeting reports indicates as follows:-
 (a) IBA team was represented by Shri K R Kamath, CMD, PNB and UFBU was represented by leaders of 9 constituent unions
 (b) Both of them agreed that negotiations should be expedited and concluded in a time bound manner;
 (c) Now the Negotiating Committee will be headed by Mr T M Bhasin, CMD Indian Bank, who is also Vice Chairman of IBA
(d) UFBU also asked IBA to simultaneously resolve the pending issues of ....

Thursday, February 21, 2013

National Mazdoor Conference asks for 50% D.A. merger, 20% I.R., 7th pay commission

National Mazdoor Conference (NMC) submitted the memorandums of demands to Prime Minister Dr Manmohan Singh, UPA Chairperson Sonia Gandhi and Finance Minister P Chidamabaram in New Delhi.
Demands projecting by NMC chief Subash Shastri in the memorandums including
  • constitution of 7th pay commission,

Tuesday, February 19, 2013

Talks with Govt yield no result, 2 days' strike to commence tomorrow

Ahead of strike, ICSE reschedules three exams, Maharashtra does not.

Eleven Central trade unions tonight stuck to their call for a 

two-day nation-wide strike from Wednesday after talks 

with senior ministers convened at the instance of Prime Minister 


Rejecting the prime minister’s appeal yesterday to the unions to call of the stir, the trade unions said the panel of ministers failed to give then any concrete proposal and that not even one of their demands were accepted.

Monday, February 18, 2013

PM appeals to call off strike, offers talks

Prime Minister Manmohan Singh today(17.02.13) appealed to protesting central Trade Unions to withdraw their proposed two-day strike from February 20 saying it would cause loss to economy besides inconvenience to people and offered talks.
Protesting against government's "inaction" on price rise and alleged violation of labour laws, 11 central trade unions and workers' federation have called for a two-day nationwide strike starting from February 20.

Saturday, February 16, 2013

Discussion with Govt. failed, TWO DAYS' STRIKE ON.

All Trade union leaders unanimously decided to go ahead with the Strike on 20 and 21st February.
Cabinet Minister for Labour Shri Mallikarjun Kharge and Minister of States for Labour Shri Kodikkunnil Suresh held discussion with Central Trade Union leaders on 13.02.2013 on the Charter of Demands.

Discussion failed as Government is not ready to concede the demands.

All Trade union leaders unanimously decided to go ahead with the Strike.

AIRF (ALL INDIA RAILWAYMEN'S FEDERATION) has extended its support to General Strike proposed by the Central Trade Unions on 20th and 21st, Feb., 2013
Bank employees and officers are also joining the two days' strike.

Thursday, February 14, 2013

Bank Xth BPS : Talk to commence on 22nd February

As per latest  information available-
IBA has called United Forum of Bank Unions (UFBU) for commencement of discussion / negotiations on Xth Wage Revision on 22nd February, 2013 at  Mumbai.
UFBU has demanded earlier to IBA for early commencement of talks on BPS.
Click here to view AIBEA circular
Information contributed by Mr. Mohan.P

Tuesday, February 12, 2013

Have PAN and taxable income, no return filed ? Beware, Taxmen are watching !

Government Once again urges all Tax Payers to Disclose their true income and pay Appropriate Taxes within the Current Financial Year; Nodal Cell set up to Capture the Response and take Follow-up Action; an Online Monitoring System to Ensure Follow-up Action and Track Return Filing and Tax Payment of the Target Segment 

Sunday, February 10, 2013

CBDT cadre review : Announcement on 15th Feb ?

It is learnt from sources that Income Tax cadre review is going to be announced on 15th February, as directed by the Finance Minister. Meanwhile the , taxmen are in warpath again for their long pending demands.
Click here to view details

Thursday, February 7, 2013

EPF interest may increase to 8.5%, Aadhar not mandatory

Over 50 million subscribers of the Employees' Provident Fund Organisation may get 8.5 per cent return on their investment during 2012-13, higher than 8.25 per cent provided in the last fiscal.

Wednesday, February 6, 2013

Majithia Wage Board : SC judgment expected in 1st Week Of March'13

Supreme Court Final Judgement on Majithia Wage Board for journalists and non-journalists may be expected in March 1st week 2013

Citu to restrict strike to a day in West Bengal

In what will come as a big relief to the common people, the central trade unions’ scheduled two-day general strike on February 20-21 is likely to be reduced to a one-day affair in West Bengal. This was announced by Citu leader and CPI(M) Rajya Sabha member Shyamal Chakraborty on Tuesday.

Tuesday, February 5, 2013

SBI to recruit 1500 P.O. with an amazing pay or Rs 8 lac p.a.

SBI has invited application for recruitment of Probationary Officers in more than 1500 posts vide Advertisement No. CENTRAL RECRUITMENT & PROMOTION DEPARTMENT

PAYMENT OF FEES - ONLINE : 30.01.2013 TO 23.02.2013
PAYMENT OF FEES - OFFLINE : 01.02.2013 TO 28.02.2013

Demand for bankers' retirement age hike

‘On superannuation, seniors rendering quality service in private institutions’
The retirement age for bank employees should be increased to 65 for better utilisation of the services of seniors, said INTUC national president G. Sanjeeva Reddy.

Saturday, February 2, 2013

Xth BPS : UFBU to ask IBA to commence talks

Recent meeting held at Mumbai, on 31st January 2013, UFBU(Bank officers/Workmen Unions) has decided to address a letter to IBA to commence the Wage revision negotiations immediately.

Friday, February 1, 2013

IBA issued circular for D.A. for employees, Dearness Relief for pensioners

IBA acted promptly to issue Dearness Allowance circular for staff for the period of February'12 to April'12. The hike will be 25 slabs as calculated earlier.
It has also issued circular for effecting increase in Dearness Relief to pensioners for the period of February'12 to July'12. 
Click here to view the D.A. circular for present employees.
Click here for D.R. circular for pensioners.
Click here for D.R. circular to pre 86 retirees (In receipt of exgratia)
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