The income tax rates prevailing in the financial year 2019-20 will continue to exist and the official has to choose between old rates and new rates for the purpose of monthly Income Tax recovery from pay and allowances.
The National Secretariat Meeting of Confederation of Central Government Employees & Workers was held on 28.06.2020 through Video Conference.
The Government has notified the new Floating Rate Savings Bonds, 2020 (Taxable)Scheme in place of 7.75 percent Savings (Taxable) Bonds, 2018 Scheme which ceased for subscription from the close of banking business on May 28, 2020
CBSE has decided to cancel the Examinations for classes X and XII which were scheduled to be held from1st July to 15th 2020
Relation between Annual increment July 2020 & Leave Rules.If the duty is taken into account on 1st July 2020
An employee shall be entitled to once in year one annual increment either on 1st January or 1st July depending on the date of his appointment, promotion or grant of financial upgradation.
1st January or 1st July, as the case may be, provided a period of 6 months’ qualifying service is strictly fulfilled.
The next increment, thereafter shall However, accrue only after completion of one year.