The Ministry of Finance, Department of Expenditure, Government of India has issued an Office Memorandum on 6th April, 2023 regarding the setting up of a Committee to review the Pension System for Government Employees
FINMIN ORDERS
India’s Ministry of Finance mandates TSA for ABs
The Indian Ministry of Finance’s Department of Expenditure has issued an office memorandum announcing the universal implementation of the Treasury Single Account (TSA) in ABs.
Implementation of Guidelines for Contractual Staff on Sensitive Posts
The Ministry of Finance, Department of Expenditure, Office of Controller General of Accounts, Government of India has issued an OM on 17th March 2023, regarding the posting of contractual staff in sensitive areas of work such as precheck and payment
Dearness Allowance Enhanced to 42% for CG Employees from 01.01.2023
The Indian Ministry of Finance has announced the revision of the Dearness Allowance (DA) rates for Central Government employees, effective from January 1, 2023.
CBDT Notification: Implications of Rule 114AAA for Aadhaar-PAN Linking
A person whose PAN becomes inoperative due to not complying with the requirement to link it with Aadhaar number will face consequences including a higher rate of tax deduction or collection at source and not receiving interest on any tax refunds due