Indian government has revised the interest rates for Small Savings Schemes starting from January 1, 2023. The revision has been made based on the fourth quarter of the financial year 2022-23, as per the SB Order No. 26/2022 dated December 30, 2022.
Recent govt orders
New Guidelines for Payment of Honorarium in Departmental Inquiries
The Indian government has revised the rates of honorarium payable to Inquiry Officers (IO) and Presenting Officers (PO) in departmental inquiries conducted by various Ministries and Departments.
Providing Compassionate Appointment for Family Members of Deceased Trainees
The Ministry of Railways has issued a new ruling regarding the grant of compassionate appointments to the spouse, ward, or dependent of deceased trainee employees.
Re-examination of Pension Cases for Employees Retired Prior to Sept 1st, 2014
EPFO has issued a circular regarding the re-examination of cases of pension on higher wages for employees who had retired before September 1, 2014, without exercising any option under the pre-amended Employees’ Pension Scheme (EPS) 1995.
Clarification on Senior-Junior Clause for ICT Transferees & Sports Quota Recruitees
CBIT & Customs in India issued a letter to all Cadre Controlling Authorities under its field formations regarding the applicability of the “Senior-Junior clause” in relation to the promotion of DR Officers who are not fulfilling the conditions of OTR