COIMBATORE: Amway India, a direct selling fast moving consumer goods company, plans to expand in Coimbatore. Pankaj Vassal, vice-president of Amway-South, told presspersons here on Monday that in Tamil Nadu, it registered 40 per cent growth last year. It had over 21 offices and six warehouses in the State and planned to expand here. […]
Clarification on increase in certain allowances 25% as a result of enhancement of Dearness Allowance w.e.f 01-01-2011
RBE No.78/2011 PC – VI No.261 Government of India Ministry of Railways (Railway Board) No.E(W)2008/ED-2/4 New Delhi, Dated:01-06-2011 The General Manager (P), All Indian Railways & PUs. Sub: Clarification on increase in certain allowances 25% as a result of enhancement of Dearness Allowance w.e.f 01-01-2011. Please refer to Railway Board’s letter of even number […]
PFRDA: NPS equity investment cap to remain at 50%
PFRDA: NPS equity investment cap to remain at 50% The Pension Fund Regulatory and Development Authority (PFRDA) today said it favoured retaining the cap on investment in equities by the New Pension Scheme at 50 per cent, irrespective of the recommendations of the Bajpai committee. The NPS comprises three investment categories —- G (ultra safe), […]
Arunachal govt employees to get additional 6% DA
The Arunachal Pradesh government has decided to release an additional 6% Dearness Allowance (DA) for its employees and pensioners with effect from January this year. "Keeping in view the rising costs of daily living and the consequent hardships experienced by the employees, the government has decided to increase the DA to 51% from the […]
Payment of interest in respect of PPF (HUF) accounts
F.No.7/4/2008-NS II Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 1 ST June, 2011. To The CGM (DGBA), Reserve Bank of India, Department of Government & Bank Accounts, Central Office, Byeulla Office Building, 4th Floor, Opp. Mumbai Central Railway Station, Byeulla, Mumbai-400008. Sub: Payment of interest in respect of PPF (HUF) […]