IMPORTANT NEWS align=center
Wednesday, 30 September 2015
Sunday, 27 September 2015
Roles & Responsibilities of various officials & officers on implementation of 'Core Insurance Solution' and set-up of 'Central Processing Centre' for PLI & RPLI and processing of requests in CPCs where the request received - reg.
(Click the link below for details)
Thursday, 24 September 2015
PAYMENT OF DEARNESS ALLOWANCE TO CENTRAL GOVERNMENT EMPLOYEES – REVISED RATES EFFECTIVE FROM 1.7.2015
Government of India
Ministry of Finance
Department of Expenditure
North Block, New Delhi
Dated: 23rd September, 2015.
Subject: Payment of Dearness Allowance to Central Government employees – Revised Rates effective from 1.7.2015
The undersigned is directed to refer to this Ministry’s Office Memorandum No.1/2/2015-E-II (B) dated 10th April, 2015 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 113% to 119% with effect from 1st July, 2015.
2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M. No. 1(3)/2008-E-II(B) dated 29th August, 2008 shall continue to be applicable while regulating Dearness Allowance under these orders.
3. The additional installment of Dearness Allowance payable under these orders shall be paid in cash to all Central Government employees.
4. 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 regard to Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.
5. 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.
Under Secretary to the Government of India
(Click the link below for DA Orders of Min. of Finance)
Tuesday, 22 September 2015
Tuesday, 15 September 2015
Friday, 11 September 2015
Thursday, 10 September 2015
CABINET APPROVED 6% D.A. TODAY
Release of additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners due from 1.7.2015
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to Pensioners w.e.f. 01.07.2015. This represents an increase of 6 percent over the existing rate of 113 percent of the Basic Pay/Pension, to compensate for price rise.
This will benefit about 50 lakh Government employees and 56 lakh pensioners.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission (CPC). The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be in the order of Rs. 6655.14 crore per annum and Rs.4436.76 crore in the financial year 2015-16 (for a period of 8 months from July, 2015 to February, 2016). NW/AKT/SH 09.09.2015