Tuesday, October 31, 2017

Rajasthan issued revised pay notification

Govt. of Rajasthan issued order for implementation of new pay rules for it's employees with effect from 01.10.2017.
Click here to download Revised Pay Rules 2017
Click here to download Revised D.A. order 

Wednesday, October 25, 2017

GPF interest rate wef 1st October, 2017 to 31st December, 2017.

The Government of India has announced that during the Financial Year 2017-18, accumulations at the credit of subscribers to the General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% (Seven point eight per cent) with effect from 1st October, 2017 to 31st December, 2017. This rate will be in force w.e.f. 1st October, 2017.
The Notification to this effect has been issued and published in the Gazette of India on 23rd October, 2017.

Wednesday, October 18, 2017

Diwali bonanza for Rajasthan employees - Pay Commission implemented !

Ahead of Diwali, the Rajasthan government on Tuesday implemented the recommendations of the seventh pay commission, a decision that will benefit over 12 lakh employees and pensioners.
Government employees will get the revised salary from the month of October, Chief Minister Vasundhara Raje said in a statement.


Raje said that she had promised to implement the recommendations of seventh pay commission in the 2017-18 budget and was happy to implement it from October.

She said that a panel had been authorised to examine cases of salary discrepancies, allowances and arrears.


The state government considers its employees the backbone of governance and was sensitive towards their welfare, she added.

Monday, October 16, 2017

NAC meeting this month, likely to recommend hike in minimum pay and fitment factor

The National Anomaly Committee is set to meet to discuss the hike in pay beyond the 7th Pay Commission. The meeting that was scheduled to be held on October 7 was postponed and now the matter is expected to be taken up anytime before the end of this month. The NAC is meeting to decide on the proposal to hike the basic minimum pay for Central Government employees. Although no official date has been given, sources say that the NAC is making all necessary arrangements to meet this month itself.

Thursday, October 12, 2017

Tamilnadu issues pay revision order

Fitment factor of 2.57 shall be applied uniformly to all employees
while fixing pay of existing employees in the pay matrix, irrespective of their present grade pays or corresponding new levels. Pay plus grade pay of an employee at any level as on 1-1-2016 (Pay in the Pay Band + Grade Pay) shall be multiplied by a factor of 2.57 for the purpose of fixing the pay in the pay matrix.

DEARNESS ALLOWANCE:
 In the revised pay structure, dearness allowance shall be
sanctioned to State Government employees whenever granted by the Central Government to its employees at the same rates and from the same dates.
Accordingly, the dearness allowance under the revised pay structure shall be as indicated below: -

1. 1-1-2016 0 [Zero]
2. 1-7-2016 2% of Basic Pay
3. 1-1-2017 4% of Basic Pay
4. 1-7-2017 5% of Basic Pay

Date of effect-
The revised Pay Level for regular Government employees and
employees on special time scales of pay / Consolidated Pay / Fixed Pay / Honorarium shall take notional effect from 1st January, 2016 with monetary benefit from 1st October, 2017.
Click here for the order with full details
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