Karnataka announces dearness allowance to 42.5% for state govt employees from Jan 2024 The Karnataka Chief Minister Siddaramaiah announced a hike in the dearness allowance (DA) for state government employees and pensioners. The increase is from the existing 38.75% to 42.5% of their basic pay, effective from January 1, 2024. The Chief Minister stated that … Read more
Tamil Nadu Government Announces 4% Dearness Allowance Hike for Employees and Pensioners from Jan 2024 The Tamil Nadu government has announced a 4% increase in Dearness Allowance (DA) for its employees and pensioners. The increase is from the existing 46% to 50% of their basic pay, effective from January 1, 2024. Around 16 lakh government … Read more
Dearness Allowance to Central Government employees-effective from 01.01.2024 – FINMIN No. 1/1/2024-E-II(B)Government of IndiaMinistry of FinanceDepartment of Expenditure North Block, New DelhiDated the 12th March, 2024 OFFICE MEMORANDUM Subject: Revision of rates of Dearness Allowance to Central Government employees-effective from 01.01.2024. The undersigned is directed to refer to this Department’s Office Memorandum No. 114/2023- E-11 … Read more
PFRDA inaugurates app to widen financial inclusion through fintech and to boost NPS In order to foster innovation and inclusivity within the NPS architecture, particularly through its engagement of fintech entities as Point of Presence (PoP) thus, enhancing accessibility and convenience, Shri Deepak Mohanty, Chairperson, Pension Fund Regulatory and Development Authority (PFRDA), inaugurated Zerodha Broking … Read more
Allowing female railway servant/female pensioner to nominate her child/children for family pension RBE No. 24/2024 GOVERNMENT OF INDIA (BHARAT SARKAR)MINISTRY OF RAILWAYS (RAIL MANTRALAYA)(RAILWAY BOARD) No. 2024/F(E)III/PN1/1 New Delhi, dated: 08.03.2024. The General Managers/Principal Financial Advisors,All Zonal Railways/Production Units etc,DGs of ROSO and NAIR. Sub: Allowing female railway servant/female pensioner to nominate her child/children for … Read more
Small Savings Schemes Interest Rates from Apr 2024 to June 2024 F.No.1/4/2019-NSGovernment of IndiaMinistry of FinanceDepartment of Economic Affairs(Budget Division) North Block, New DelhiDated: 08.03.2024 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 2024-25 starting … Read more
Cabinet approves 4% Dearness Allowance hike for Central Government Employees The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 1.1.2024 representing an increase of 4% over the existing rate of 46% of the Basic … Read more
DOPPW takes 3 important steps for improving Pensioners Welfare The Department of Pension and Pensioners Welfare took following 3 important policy initiatives for Improving Pensioners Welfare: 2. The 7th Banker’s Awareness workshop for 57 for officers from CPPCs and branches handling pension related work from Bank of Baroda was held on 5-6 March 2024. Senior … Read more
Processing of pending payments of Ex-Gratia and pensionary benefits including leave encashment in respect of VRS-2019 retirees BHARAT SANCHAR NIGAM LIMITED(A Government of India Enterprise) CORPORATE OFFICEEstablishment BranchBharat Sanchar BhawanH,C. Mathur Lane, New Delhi-01 F. No: BSNLCO-A/11/11/2023-ESTAB Dated: 19th Feb,, 2024 OFFICE MEMORANDUM Sub: Processing of pending payments of Ex-Gratia and pensionary benefits including leave … Read more
DOPPW conducts Pre-Retirement Counselling Workshops throughout the country for Central Government Employees, who are about to retire as part of Good Governance Under the guidance of the Union Minister of State for Personnel, PG and Pensions, Dr. Jitendra Singh, the Department of Pension and Pensioners’ Welfare (DoPPW) will be organizing the 53rd Pre-Retirement Counselling (PRC) Workshop in … Read more