Cabinet approves Productivity Linked Bonus to railway employees The Union Cabinet chaired by the Prime Minister Shri Narendra Modi, has given its approval to pay Productivity Linked Bonus (PLB) equivalent to 78 days wages to eligible non-gazetted railway employees (excluding RPF/RPSF personnel) for the financial year 2015-16. The approval entails a financial implication of approximately […]
Minimum wage and fitment formula for Central Government Employees – P.S.Prasad
Minimum wage and fitment formula for Central Government Employees Comrade, The 7th CPC while calculating the minimum wage of Central Government Employees has arrived at Rs 18,000/- the 7th CPC has erred in prescribing provision to cover education, recreation, ceremonies, festivals and medical expenses has been moderated to 15 percent against the provision of 25% […]
Understanding Minimum Wages and Bonus
Understanding Minimum Wages and Bonus *Bandaru Dattatreya A minimum wage is the lowest remuneration that employers may legally pay to workers or it is the price floor below which workers may not sell their labour. The concept of minimum wages first evolved with reference to remuneration of workers in those industries where the level of […]
EPFO Introduction of Declaration Form (New Form No. 11) to replace existing Form No.- 11 (New)
EPF Form 11 – New Declaration Form – EPFO Order FOR WEB CIRCULATION ONLY Employees’ Provident Fund Organisation (Ministry of Labour & Employment, Govt. Of India) Head Office Bhavishya Nidhi Bhwan, 14-Bhikaji Cama Place, New Delhi – 110066 www.cpfindia.gov.in www.cpfindia.nic.in No: Manual/Amendment/2011 Date: 23 Sep 2016 To All ACC (Zones) All Regional P.F. Commissioners In-charge […]
Implementation of the recommendations of 7th CPC – Revision of Post-2016 pension cases
Implementation of the recommendations of 7th CPC – Revision of Post-2016 pension cases Government of India Ministry of Railways (Railway Board) No.2016/AC-II/21/8 RBA No. 67/2016 New Delhi, Dated 21.09.2016 FA&CAO Zonal Railways/PUs Sub: Implementation of the recommendations of 7th CPC – Revision of Post-2016 pension cases. Ref: Railway Board’s letter No. 2016/F(E)/III/1/(1)8 dated 12.08.2016. The […]