Home Blog Page 21

GPF interest rate from April 2025 to June 2025

By
igeadmin
-

GPF interest rate from April 2025 to June 2025

(TO BE PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F.NO. 5(3)-B(PD)/2023
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, the 01 April, 2025

RESOLUTION

It is announced for general information that during the year 2025-26, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st April, 2025 to 30th June, 2025, This rate will be in force w.e.f. 1st April, 2025. The funds concerned are:

The General Provident Fund (Central Services).
The Contributory Provident Fund (India).
The All India Services Provident Fund.
The State Railway Provident Fund.
The General Provident Fund (Defence Services).
The Indian Ordnance Department Provident Fund.
The Indian Ordnance Factories Workmen’s Provident Fund.
The Indian Naval Dockyard Workmen’s Provident Fund.
The Defence Services Officers Provident Fund.
The Armed Forces Personnel Provident Fund.

2.Ordered that the Resolution be published in Gazette of India.

(Ashish Vachhani)
Additional Secretary to the Govt. of India

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

Small Savings Schemes interest rates from April 2025 to June 2025

By
igeadmin
-

Small Savings Schemes interest rates from April 2025 to June 2025

F.No.1/4/2019-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated: 28.03.2025

OFFICE MEMORANDUM

Subject: Revision of interest rates for Small Savings Schemes – reg.

The rates of interest on various Small Savings Schemes for the first quarter of FY 2025-26 starting from 1st April, 2025 and ending on 30 June, 2025 shall remain unchanged from those notified for the fourth quarter (1st January, 2025 to 31 March, 2025) of FY 2024-25.

2.This has the approval of the competent authority.

(Dr. Kartik Agrawal)
Deputy Director (Budget)

InstrumentRates of interest
Savings Deposit4
1 Year Time Deposit6.9
2 Year Time Deposit7
3 Year Time Deposit7.1
4 Year Time Deposit7.5
5 Year Recurring Deposit6.7
Senior Citizen Savings Scheme8.2
Monthly Income Account Scheme7.4
National Savings Certificate7.7
Public Provident Fund Scheme7.1
Kisan Vikas Patra7.5 (will mature in 115 months)
Sukanya Samriddhi Account Scheme8.2

To,

1. The Finance Secretary & Secretary, Department of Economic Affairs, North Block, New Delhi.2. The Secretary, Department of Posts Dak Bhawan, New Delhi.
3. The Secretary, Department of Expenditure North Block, New Delhi.4. The Secretary, Department of Investment and Public Asset Management, CGO complex, New Delhi
5. The Secretary, Department of Financial Services, Jeevan Deep Building, New Delhi.6. The Secretary, Department of Revenue, North Block, New Delhi.
7. The Chief General Manager(DGBA), Reserve Bank of India, Central Office, Mumbai.8. The Chief General Manager, Central Account Section, Reserve Bank of India, Additional Office Building, East High Court Road, Civil Lines, P.B. No.15, Nagpur — 440 001.
9. Chief Secretaries of State/ UT Government.10. The Joint Director, National Savings Institute, New Delhi

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

DA from Jan 2025: FinMin released DA Order

By
igeadmin
-

DA from Jan 2025: FinMin released DA Order

No. 1/1(1)/2025-E.II(B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated the 2nd April, 2025

OFFICE MEMORANDUM

Subject: Revision of rates of Dearness Allowance to Central Government employees-effective from 01.01.2025.

The undersigned is directed to refer to this Department’s Office Memorandum No. 1/5/2024-E.II(B) dated 21st October, 2024 on the subject mentioned above and to say that the President is pleased to decide that the rates of Dearness Allowance payable to Central Government employees, shall be enhanced from 53% to 55% of the Basic Pay with effect from 1st January, 2025.

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: 6th CPC DA Order from Jan 2025 for CG Employees and Autonomous Bodies: FINMIN O.M

5th CPC DA Order from Jan 2025 for CG Employees and Autonomous Bodies: FINMIN O.M

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 off to the next higher rupee and the fractions of less than 50 paise may be ignored.

5. The payment of arrears of Dearness Allowance shall not be made before the date of disbursement of salary of March, 2025.

6. 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.

7. In so far as the persons serving in the Indian Audit and Accounts Department are concerned, these orders are issued in consultation with the Comptroller and Auditor General of India, as mandated under clause (5) of Article 148 of the Constitution of India.

Hindi version is attached.

Sd/-
(Samir Kumar Das)
Deputy Secretary to the Government of India

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 WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

6th CPC DA Order from Jan 2025 for CG Employees and Autonomous Bodies: FINMIN O.M

By
igeadmin
-

6th CPC DA Order from Jan 2025 for CG Employees and Autonomous Bodies: FINMIN O.M

No. 1/1(2)/2025-E.II(B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated the 2nd April, 2025

OFFICE MEMORANDUM

Subject: Revision of Dearness Allowance to the employees, who are continuing to draw their pay in the pay scale/Grade Pay as per 6th Central Pay Commission

The undersigned is directed to refer to this Department’s O.M. No. 1/6(1)/2024 -E.II(B) dated 7th November, 2024 on the subject mentioned above and to say that the rate of Dearness Allowance (DA) in respect of employees, who are continuing to draw their pay in the pre-revised pay scale/Grade Pay as per 6th Central Pay Commission, shall be enhanced from the existing rate of 246% to 252% of Basic Pay w.e.f. 01.01.2025.

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.

Also Read: 5th CPC DA Order from Jan 2025 for CG Employees and Autonomous Bodies: FINMIN O.M

3. The contents of this Office Memorandum may also be brought to the notice of all organisations under the administrative control of the Ministries/Departments which have adopted the Central Government scales of pay.

Sd/-
(Samir Kumar Das)
Deputy Secretary to the Government of India

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

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

5th CPC DA Order from Jan 2025 for CG Employees and Autonomous Bodies: FINMIN O.M

By
igeadmin
-

5th CPC DA Order from Jan 2025 for CG Employees and Autonomous Bodies: FINMIN O.M

No. 1/1(3)/2025-E.II(B)
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated the 2nd April, 2025

OFFICE MEMORANDUM

Subject: Revision of rates of Dearness Allowance to the employees, who are continuing to draw their pay in the pay scale as per 5th Central Pay Commission.

The undersigned is directed to refer to this Department’s O.M. No. 1/6(2)/2024-E.II(B) dated 7th November 2024 on the subject mentioned above and to say that the rate of Dearness Allowance (DA) in respect of employees, who are continuing to draw their pay in the pre-revised pay scale as per 5th Central Pay Commission, shall be enhanced from the existing rate of 455% to 466% of Basic Pay w.e.f. 01.01.2025.

2. The provisions contained in paras 3, 4 and 5 of this Ministry’s O.M.No.1(13)/97-E.II(B) dated 3 October, 1997 shall continue to be applicable while regulating Dearness Allowance under these orders.

3. The contents of this Office Memorandum may also be brought to the notice of all organisations under the administrative control of the Ministries/Departments which have adopted the Central Government scales of pay.Public employment

Sd/-
(Samir Kumar Das)
Deputy Secretary to the Government of India

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

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

7th CPC Salary Calculator & DR Calculator from Jan 2025 with updated DA, Transport Allowance

By
igeadmin
-

7th CPC Salary Calculator & DR Calculator from Jan 2025 with updated DA, Transport Allowance

The Union Cabinet approves an additional 2% Dearness Allowance (DA) hike for Central Government Employees and Dearness Relief to pensioners with effect from 1st Jan 2025. This increase brings the DA to 55% of the basic pay.

As a result of the Dearness Allowance hike, there will be a corresponding increase in the Transport Allowance, Dearness Allowance, and total salary.

7th CPC Transport Allowance

As per the 7th CPC recommendations, Transport Allowance will also increase 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 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 Jan 2025

7th CPC Salary Calculator from Jan 2025

Check the updated 7th CPC Salary Calculator from Jan 2025 for Revised Pay & Allowances.

7th CPC Dearness Relief Calculator from Jan 2025

Check the updated 7th CPC Dearness Relief Calculator from Jan 2025 for Pensioners

What is a 7th CPC Salary Calculator?

A 7th CPC  salary calculator is an online tool that helps you estimate your monthly in-hand salary based on the 7th CPC pay commission recommendations. These  calculators consider various factors that influence your pay, including:

  • Pay Level and Grade Pay: The 7th CPC pay matrix categorizes employees into pay levels and assigns a corresponding grade pay.
  • Basic Pay: This is the pre-revised basic pay you received as of December 31st, 2015.
  • Fitment Factor: The 7th CPC multiplied the basic pay by a factor (currently 2.57) to arrive at the revised basic pay.
  • Dearness Allowance (DA): This is a cost-of-living adjustment added to the basic pay, and the percentage is periodically revised by the government.
  • House Rent Allowance (HRA): This allowance depends on the city you work in and your pay level.

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

CGEGIS Tables of Benefits from Jan 2025 to Mar 2025

By
igeadmin
-

CGEGIS Tables of Benefits from Jan 2025 to Mar 2025

No. 7(1)/EV/2023
Government of India
Ministry of Finance
Department of Expenditure
E-V Branch

New Delhi, the 26th March, 2025

OFFICE MEMORANDUM

Sub: Central Government Employees Group Insurance Scheme-1980 – Tables of Benefits for the savings fund for the period from 01.01.2025 to 31.03.2025.

The Tables of Benefits for Savings Fund to the beneficiaries under the Central Government Employees Group Insurance Scheme-1980, which are being issued on a quarterly basis from 01.01.2017 onwards, as brought out in this Ministry’s OM of even number dated 17.03.2017, for the quarter from 01.01.2025 to 31.03.2025, as worked out by IRDA based on the interest rate of 7.1% per annum (compounded quarterly) as notified by the Department of Economic Affairs as per their Resolution No. 5(3)-B(PD)/2023 dated 03.01.2025, are enclosed.

2. The Tables enclosed are of two categories as per the existing practice. As hitherto, the first Table of Benefits for the savings fund of the scheme is based on the subscription of Rs.10 p.m. from 1.1.1982 to 31.12.1989 and Rs.15 p.m. w.e.f. 1.1.1990 onwards. The second Table of Benefits for savings fund is based on a subscription of Rs.10 p.m. for those employees who had opted out of the revised rate of subscription w.e.f. 1.1.1990.

3. In so far as the persons serving in the Indian Audit and Accounts Department are concerned, these Orders are issued in consultation with the Comptroller and Auditor General of India, as mandated under Article 148(5) of the Constitution of India.

4. Hindi version of these orders is attached.

(Gulveena Badhan)
Deputy Secretary to the Government of India

To

  1. All Ministries/ Department of the Central Government as per standard list.
  2. Copy with spare copies for information and necessary action to C&AG, UPSC, all State Government etc. as per standard list.

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

Declaration of Holiday on 14th April, 2025 – Birthday of Dr. B.R. Ambedkar: DOPT O.M

By
igeadmin
-

Declaration of Holiday on 14th April, 2025 – Birthday of Dr. B.R. Ambedkar: DOPT O.M

F. No.12/4/2020-JCA2
Government of India
Ministry of Personnel, Public Grievances & Pensions
(Department of Personnel & Training)
Establishment (JCA) Section

North Block, New Delhi
Dated the 27th March, 2025

OFFICE MEMORANDUM

Subject: Declaration of Holiday on 14th April, 2025 – Birthday of Dr. B.R. Ambedkar.

It has been decided to declare the 14th April 2025 (Monday) a holiday on account of the birthday of Dr. B. R. Ambedkar for all Central Government Offices including Industrial Establishments throughout India.

2. All Ministries/Departments of Government of India may bring the above decision to the notice of all concerned.

(Parveen Jargar)
Deputy Secretary to the Govt. of India

To,

  1. All Ministries / Departments of the Government of India.
  2. UPSC / CVC /C&AG / National Commission _ for Linguistic Minorities / National Commission for Scheduled Castes/National Commission for Scheduled Tribes/National Commission for Minorities /President’s Secretariat / Vice President’s Secretariat/Supreme Court / High Court / Central Administrative Tribunal / Central Information Commission/Prime Minister’s Office / Cabinet Secretariat / Election Commission of India / National Human Rights Commission / National Commission for Women / National Commission for Backward Classes / Niti Ayog / Lok Sabha Secretariat / Rajya Sabha Secretariat
  3. All attached Offices / Subordinate Offices / Autonomous bodies of Ministry of Personnel, Public Grievances & Pensions
  4. Secretary, Staff Side, National Council (JCM), 13-C Ferozeshah Road, New Delhi (with 10 spare copies)
  5. Reserve Bank of India, Parliament Street, New Delhi
  6. Chairman / Secretaries, Central Government Employees Welfare Coordination Committees
  7. PIO, PIB, Shastri Bhavan, New Delhi, with the request that necessary publicity may be given in this regard.
  8. Facilitation Centre, DOP&T (20 copies)
  9. NIC, DoPT, with a request to place this O.M. on the website of DoPT.

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

Cabinet approves 2% DA hike for Central Govt Employees and Pensioners from Jan 2025

By
igeadmin
-

Cabinet approves 2% DA hike for Central Govt Employees and Pensioners from Jan 2025

Cabinet approves release of an additional instalment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners w.e.f. 01.01.2025

48.66 lakh Central Government employees and 66.55 lakhs pensioners to benefit

2% benefit to cost Rs. 6614.04 crore per annum to exchequer

The Union Cabinet chaired by Prime Minister Narendra Modi approved to release of an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2025 representing an increase of 2% over the existing rate of 53% of the Basic Pay/Pension, to compensate against price rise.

The combined impact on the exchequer on account of increase in both Dearness Allowance and Dearness Relief would be Rs. 6614.04 crore per annum. This will benefit about 48.66 lakh Central Government employees and 66.55 lakhs pensioners.

This increase is in accordance with the accepted formula, which is based on the recommendations of the 7th  Central Pay Commission.

PIB

7th Central Pay Commission Dress Allowance – Modification in the Guidelines: FINMIN O.M

By
igeadmin
-

7th Central Pay Commission Dress Allowance – Modification in the guidelines: FINMIN O.M

No. 19051/1/2017-E.IV
Government of India
Ministry of Finance
Department of Expenditure

North Block, New Delhi
Dated 24th March, 2025

OFFICE MEMORANDUM

Subject:- Implementation of the recommendations of the 7th Central Pay Commission – Dress Allowance – Modification in the guidelines regarding.

The undersigned is directed to refer to this Department’s O.M. No. 19050/1/2017-E.IV dated 02.08.2017 regarding admissibility of Dress Allowance to various categories of Central Government employees.

2. Several references are being received in this Department seeking clarification relating to para “4” of the said OM which provides that the amount of Dress Allowance shall be credited to the salary of employees directly once a year in the month of July.

3. The matter has been considered in this Department and in partial modification of the said OM dated 02.08.2017, the following is clarified:-

i. If a Central Govt. employee has joined service after Dress Allowance is paid in the month of July as per the instructions mentioned in para 4 of the said OM dated 02.08.2017, Dress Allowance would be given on proportionate basis.

ii. Proportionate payment of Dress Allowance would be given by using the following formula:-

= Amount ÷ 12 x No. of months (from the month of joining government service to the month of June of the following year)

4. Other terms & conditions governing grant of Dress Allowance would be the same as prescribed in the said OM dated 02.08.2017.

5. In so far as persons serving in the Indian Audit and Accounts Department are concerned, these orders are issued in consultation with the Comptroller & Auditor General of India, as mandated under Article 148(5) of the Constitution of India.

6. This is issued with the approval of the Secretary (Expenditure).

Hindi version is attached.

(Samir Kumar Das)
Deputy Secretary to the Govt. of India

To,
All Ministries/Departments of the Government of India as per standard distribution list.
Copy : 0/o C&AG, UPSC etc. as per standard endorsement list.

Follow us on WhatsApp, Telegram Channel, Twitter, Facebook and Android App for all latest updates

1...202122...910Page 21 of 910

Just In

About us

IGECORNER is a trusted online platform dedicated to empowering Central Government Employees with up-to-date information, valuable resources, government orders, latest news and insightful discussions.

Follow us

© Copyright 2010–2025 All Rights Reserved | igecorner.com