All-India CPI-IW Rises to 144.5 with Year-on-Year Inflation at 4.41% Main Points: This release reflects the economic changes affecting industrial workers based on data from 317 markets across 88 industrial centers in India. GOVERNMENT OF … [Read more...] about AICPIN for the Month of October, 2024
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PAN 2.0 Project: Revolutionizing PAN and TAN Management
Simplifying Processes with a Unified, Eco-Friendly, and User-Centric Platform The Income Tax Department's PAN 2.0 Project, approved by the CCEA on November 25, 2024, aims to modernize and streamline the management of Permanent Account Numbers … [Read more...] about PAN 2.0 Project: Revolutionizing PAN and TAN Management
Income Tax Proposals for Senior Citizens Under Review
Income Tax Revision for Senior Citizens Shri Eatala Rajender raised questions regarding potential income tax benefits for senior citizens, including a tax rebate up to ₹7.5 lakh annual income, reduced tax rates for income up to ₹10 lakh, and … [Read more...] about Income Tax Proposals for Senior Citizens Under Review
Revision of Dearness Allowance for Central Government Employees Effective from July 1, 2024
Office Memorandum on DA Enhancement from 50% to 53% of Basic Pay - Finmin Order In short The Office Memorandum from the Ministry of Finance, Department of Expenditure, dated 21st October 2024, announces a revision in Dearness Allowance (DA) for … [Read more...] about Revision of Dearness Allowance for Central Government Employees Effective from July 1, 2024
Cabinet approved: 3% Additional DA and DR w.e.f. 01.07.2024
Additional 3% Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.07.2024 Cabinet approves additional instalment of three percent of Dearness Allowance to Central Government employees and … [Read more...] about Cabinet approved: 3% Additional DA and DR w.e.f. 01.07.2024
Unified Pension Scheme (UPS) Approved by Union Cabinet
Key Features of the Newly Approved Unified Pension Scheme (UPS) The Union Cabinet, led by Prime Minister Narendra Modi, has approved the Unified Pension Scheme (UPS). Key benefits include assured pensions at 50% of the average basic pay for a … [Read more...] about Unified Pension Scheme (UPS) Approved by Union Cabinet
Bank Employees DA for the Month of May, June and July 2024
HR & Industrial Relations No.CIRJHR&IR/76/D/2024-25/1152 June 10, 2024 All Members of the Association (Designated Officers) Dear Sir/ Madam, Dearness Allowance for Workmen and Officer Employees in banks for the months of May, … [Read more...] about Bank Employees DA for the Month of May, June and July 2024
Update on Allowance Increase: 25% Hike after Enhanced Dearness Allowance
New Limits for Children Education Allowance and Hostel Subsidy New Reimbursement Rates for Government Allowances. Learn about the updated reimbursement rates for Children Education Allowance, Hostel Subsidy, and Special Allowance for Child Care, … [Read more...] about Update on Allowance Increase: 25% Hike after Enhanced Dearness Allowance
Allowance Rate Revision with 50% DA Increase
Revision of rates of Allowances with DA rates increased to 50% The Controller General of Defence Accounts issued a directive regarding the revision of rates of allowances, in light of the increase in Dearness Allowance (DA) rates to 50%. Referring … [Read more...] about Allowance Rate Revision with 50% DA Increase
Revised Entitlement of Hospital Wards for Railway Medical Beneficiaries
Revised entitlement of Hospital Wards for Railway Medical beneficiaries in Railway empanelled Hospitals The Government of India, Ministry of Railways, Railway Board, has revised the entitlement of hospital wards for railway medical beneficiaries … [Read more...] about Revised Entitlement of Hospital Wards for Railway Medical Beneficiaries