Reduction of Interest Rate on EPF The Union Labour & Employment Minister Shri Mallikarjun Kharge has informed the Rajya Sabha that as per para 60(1) of the Employees’ Provident Funds Scheme, 1952, rate of interest on the Employees Provident Fund is determined by the Central Government in consultation with the Central Board of Trustees, Employees […]
Revision Travelling Allowance and Daily Allowance to the Himachal Government employees.
No. Fin (C)-B (7)-1/2009 Government of Himachal Pradesh Finance (Regulation) Department Shimla -171002, dated 20thApril, 2012. OFFICE MEMORANDUM Subject: Amendment of existing provisions and revision of entitlements of Travelling Allowance and Daily Allowance to the State Government employees. The matter regarding revision of entitlement/ rates of Travelling Allowance […]
The new income tax slabs
The new income slabs and rates of income tax on total income shall be as under: Income-slab Rates of income tax (a) Total taxable income upto Rs.2,00,000/- NIL (b) Total taxable income exceeding Rs.2, 00,000/- but does not exceed Rs.5, 00,000/- 10% of the amount by which the total income exceeds Rs.2, 00,000/- (c) […]
Modernisation of Post Offices
Modernisation of Post Offices The Government plans to set up 1000 Automated Teller Machines (ATMs) and carry out computerization of Post Offices in the country as part of its ongoing modernization and upgradation drive. The Minister of State for Communications and Information Technology Shri Sachin Pilot informed the Lok Sabha today that the Department of […]
Central Government Employees Group Insurance Scheme-1980 — Tables of Benefits for the savings fund for the period from 01.01.2012 to 31.12.2012.
No.7(1 )/EV/2012 Government of India Ministry of Finance Department of Expenditure New Delhi the 24th April, 2012 OFFICE MEMORANDUM Sub: Central Government Employees Group Insurance Scheme-1980 — Tables of Benefits for the savings fund for the period from 01.01.2012 to 31.12.2012. The undersigned is directed to refer to this Ministry’s O.M. No.7 (l)/EV/2010 dated 31st […]