Home Blog Page 131

Inter Ministry Volleyball Tournament 2021-22

Inter Ministry Volleyball Tournament 2021-22

Central Civil Services Cultural & Sports Board

Follow us on Telegram Channel, Twitter and Facebook for all the latest updates

TN Bonus 2021, Tamilnadu Govt announces Deepavali bonus for over 2.87 lakh employees

TN Bonus 2021, Tamilnadu Govt announces Deepavali bonus for over 2.87 lakh employees

Tamilnadu Chief Minister M.K. Stalin on Saturday announced a Deepavali bonus of 8.33% and an ex-gratia of 1.67% to Group ‘C’ and ‘D’ category workers and employees working in all profit/loss-making public sector undertakings. Eligible permanent workers will receive a bonus and ex-gratia of ₹8,400 each.

Official Press Release

TN Bonus 2021
TN Bonus 2021

Follow us on Telegram Channel, Twitter and Facebook for all the latest updates

FINMIN DA Order July 2021, Revision of Dearness Allowance from 28% to 31%

FINMIN DA Order July 2021, Revision of Dearness Allowance from 28% to 31%

No.1/4/2021-E-II (B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated the 25th October 2021.

OFFICE MEMORANDUM

Subject: Revision of Rate of Dearness Allowance (DA) to Central Government Employees due from 01.07.2021

The undersigned is directed to refer to this Ministry’s Office Memorandum No. 1/1/2020-E-II (B) dated 20th July, 2021 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 28% to 31% of the Basic Pay with effect from 1st July, 2021. [ DA / DR Order ]

2. The term ‘Basic Pay’ in the revised pay structure means the pay drawn in the prescribed Level in the Pay Matrix as per 7th CPC recommendations accepted by the Government, but does not include any other type of pay like special pay, etc.

Also Read: 7th CPC Salary Calculator from July 2021, Transport Allowance, DA Arrears Calculator

3. The Dearness Allowance will continue to be a distinct element of remuneration and will not be treated as pay within the ambit of FR 9(21).

4. The payment on account of Dearness Allowance involving fractions of 50 paise and above may be rounded to the next higher rupee and the fractions of less than 50 paise may be ignored.

5. 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 respect of Armed Forces personnel and Railway employees, separate orders will be issued by the Ministry of Defence and Ministry of Railways, respectively.

6. In their application to the persons belonging to Indian Audit and Accounts Department, these orders are issued under Article 148(5) of the Constitution and after consultation with the Comptroller and Auditor General of India.

(Nirmala Dev)
Director

To

  • All Ministries/Departments of the Government of India (as per standard distribution list).
  • Copy to: C&AG, UPSC, etc. as per standard endorsement list.

Follow us on Telegram Channel, Twitter and Facebook for all the latest updates

7th CPC Salary Calculator from July 2021, Transport Allowance, DA Arrears Calculator

7th CPC Salary Calculator from July 2021, Transport Allowance, DA Arrears Calculator

Cabinet has approved a 3 percent increase in the Dearness Allowance of Central Government employees and pensioners. This will come into effect from 1st July 2021. This will be an additional 3% payable on the existing 28% of basic pay and pension. The total DA for government employees will be increased to 31 percent.

In the press note, “The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today has approved to release an additional installment of Dearness Allowance to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1.7.2021 represents an increase of 3% over the existing rate of 28% of the Basic Pay / Pension, to compensate for price rise.

This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.9,488.70 crore per annum. This will benefit about 47.14 lakh Central Government employees and 68.62 lakh, pensioners.”

Currently, Central Government Employees & Pensioners receiving 28% DA, and now cabinet revised to 31% DA, based on the new percentage we have updated the 7th CPC Salary Calculator & DA arrears calculator, check the calculator links below:

7th CPC Salary Calculator from July 2021

DA Arrears Calculator

Transport Allowance

As per the 7th CPC recommendation, Transport Allowance will also change based on the latest Dearness Allowance percentage. Click the below button to find the Transport Allowance Ready Reckoner from July 2021

Follow us on Telegram Channel, Twitter and Facebook for all the latest updates

7th CPC Transport Allowance from July 2021

7th CPC Transport Allowance from July 2021

Union Cabinet has approved a 3 percent increase in the Dearness Allowance of Central Government employees and pensioners. This will come into effect from 1st July 2021. This will be an additional 3% payable on the existing 28% of basic pay and pension. The decision will benefit 47.14 lakh central government employees and 68.62 lakh pensioners. Once implemented, DA for government employees will be increased to 31 percent.

As per the 7th CPC recommendation, Transport Allowance will also change based on the latest Dearness Allowance percentage.

7th Pay Commission Recommendation for Transport Allowance

7thCPC TA

The central government implemented the 7th Pay Commission Transport Allowance and released the Office Memorandum No.21/5/2017-E.II (B) dated 7th July 2017, in addition to this OM, FinMin also released another Office Memorandum on 2nd August 2017 O.M No.21/5/2017-E.II(B) with partial modification on Transport Allowance to CG Employees for the pay of Rs.24200/- & above in Pay Level 1 & 2

Transport Allowance Ready Reckoner from July 2021

Also Read:

Follow us on Telegram Channel, Twitter and Facebook for all the latest updates

DA from July 2021, Cabinet approves DA from July 2021 – PIB

DA from July 2021 Latest News

Cabinet approves release of an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensions, due from 01.07.2021

  • An increase of 3% over the existing rate of 28% of the Basic Pay / Pension
  • This will benefit about 47.14 lakh Central Government employees and 68.62 lakh pensioners
  • Impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.9,488.70 crore per annum

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today has approved to release an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1.7.2021 representing an increase of 3% over the existing rate of 28% of the Basic Pay / Pension, to compensate for price rise.

This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th Central Pay Commission. The combined impact on the exchequer on account of both Dearness Allowance and Dearness Relief would be Rs.9,488.70 crore per annum. This will benefit about 47.14 lakh Central Government employees and 68.62 lakh pensioners.

Follow us on Telegram Channel, Twitter and Facebook for all the latest updates

DA from July 2021: Cabinet approves 3% increase in DA of Central Government employees, pensioners

DA from July 2021: Cabinet approves 3% increase in DA of Central Government employees, pensioners

Union Cabinet has approved a 3 percent increase in the Dearness Allowance of Central Government employees and pensioners. This will come into effect from 1st July 2021. This will be an additional 3% payable on the existing 28% of basic pay and pension. The decision will benefit 47.14 lakh central government employees and 68.62 lakh pensioners. Once implemented, DA for government employees will be increased to 31 percent.

In July, the Central government had restored Dearness Allowance (DA) benefits for its employees and pensioners and had increased the DA from 17 percent to 28 percent.

Also Read: Cabinet approves DA hike for Central Government Employees to 28%

The DA is a part of the salary given to government employees and pensioners. Notably, the payment of DA of employees has not been revised since January 2020.

Follow us on Telegram Channel, Twitter and Facebook for all the latest updates

BPS Appeals to FM for release of 3% DR from July 2021

BPS Appeals to FM for release of 3% DR from July 2021

BHARAT PENSIONERS’ SAMAJ
(All India Federation of Pensioners’ Associations)

Appeal

BPS/SG/FM/DR/021/05

Dated : 17.10.2021

Honourable Finance Minister
Smt Nirmala Sitharaman ji

Subject: An appeal to release 3% of Dearness Relief installment due wef 01.07.2021

Respected Madam,

Govt. Pensioners of the country always look to you as their savvier. As you are well aware of the plight of pensioners who are essentially the Sr Citizens. We need not point out that post Carona-Pandemic cost of living for this category with old age vagaries has steeply risen. Pensioners do not get Bonus or other allowances except the Dearness Relief which as per ground reality though not sufficient to 100% neutralize the rising cost of living but undoubtedly provide some solace.

Normally, DR due from Ist of July is released before ‘Durga Puja’. This year though the Bonus is paid to the Government employees. Pensioners who were very hopeful that DR due will be credited to their Bank/PO accounts before “Vijay Dashmi” are disappointed. Alas! they are still looking to you with hope.

Also Read: DA likely to increase by 3% again with arrears

Bharat Pensioners Samaj the Federation of Pensioners with a reach to over 10 lac pensioners, one of the identified Pensioners Welfare organization of DOP PW & an associate NGO of International Federation on Ageing (IFA)- Canada fervently Appeal to you, to be kind enough to release 3% of Dearness relief & arrear wef 01.07.021 with instruction to credit to pensioners accounts the said amount before Deepavali.

Thanking you in anticipation

With Warm regards
Yours truly,


S.C.Maheshwari
Secy. Genl. Bharat Pensioners Samaj

DR from July 2021

Follow us on Telegram Channel, Twitter and Facebook for all the latest updates

Calculation of Gratuity and Cash payment in lieu of leave for the employees of CPSEs

Calculation of Gratuity and Cash payment in lieu of leave for the employees of CPSEs

W-02/0029/2021-DPE (WC)-GL-X/21
Government of India
Ministry of Finance
Department of Public Enterprises

Public enterprises Bhawan,
Block No. 14, CGO Complex,
Lodhi Road, New Delhi — 110003.
Dated, The 13th October, 2021

OFFICE MEMORANDUM

Subject :- Calculation of Gratuity and Cash payment in lieu of leave for the employees of CPSEs following CDA pattern pay scales retired during the period from January, 2020 to June, 2021 — reg.

The undersigned is directed to forward herewith a copy of the Department of Expenditure (DOE)’s OM No. 1(5)/E.V/2020 dated 7th September, 2021 regarding calculation of Gratuity and Cash payment in lieu of leave during the period from January, 2020 to June, 2021 of retired Central Government employees for bringing the same to the notice of Central Public Sectors Enterprises (CPSEs), under your administrative control for necessary action.

This issues with the approval of the competent Authority.

(Samsul Haque)
Under Secretary

Encl: As above

To

All administrative Ministries / Departments of the Government of India.

Copy to:

  • The Chief Executives of Central Public Sector Enterprises.
  • Financial Advisers in the Administrative Ministries / Departments.
  • Department of Expenditure, E-II Branch, North Block, New Delhi.
  • The Comptroller & Auditor General of India, 9 Deen Dayal Upadhayay Marg, New Delhi.
  • NIC, DPE with the request to upload this OM on the DPE website.

(Samsul Haque)
Under Secretary

Follow us on Telegram Channel, Twitter and Facebook for all the latest updates

Special Deposit Scheme for Non-Govt Provident, Superannuation and Gratuity Funds interest rate from Oct to Dec 2021

Special Deposit Scheme for Non-Govt Provident, Superannuation and Gratuity Funds interest rate from Oct to Dec 2021

MINISTRY OF FINANCE
(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 5th October, 2021

F. No. 5(4)-B(PD)/2021.- It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F.16(1)-PD/75 dated 30th June, 1975, shall with effect from 1st October, 2021 to 31st December, 2021 bear interest at 7.1% (seven point one percent). This rate will be in force w.e.f. 1st October, 2021.

ASHISH VACHHANI, Jt. Secy

Also Read: GPF Interest Rate from Oct to Dec 2021

Follow us on Telegram Channel, Twitter and Facebook for all the latest updates

Just In