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Central Government Holidays for the year 2021 – DOPT “hot”
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AICPIN for the month of January 2021 “hot”
Freezing of Dearness Allowance & Dearness Relief till July 2021

Economy

GOI extends bank loans to EWS under various Schemes.

June 26, 2019 pcadmin Leave a Comment

The Government of India extends bank loans to Economically Weaker Section (EWS) under various Schemes. In terms of Reserve Bank of India (RBI) Guidelines on Priority Sector Lending (PSL), a target of 40 percent of Adjusted Net Bank Credit (ANBC) or Credit Equivalent amount of Off-Balance Sheet Exposures (OBE), whichever is higher, as of preceding March 31st, has been … [Read more...] about GOI extends bank loans to EWS under various Schemes.

Government has taken various measures to deal with the issue of Non Performing Assets (NPAs) in Banking Sector.

April 27, 2016 pcadmin Leave a Comment

Government has taken various measures to deal with the issue of Non Performing Assets (NPAs) in Banking Sector. The Union Finance Minister, Shri Arun Jaitley said that the Government has taken various measures to deal with the issue of Non Performing Assets (NPAs) in Banking Sector especially in case of Public Sector Banks (PSBs). The Finance Minister said that there are two … [Read more...] about Government has taken various measures to deal with the issue of Non Performing Assets (NPAs) in Banking Sector.

No signs of sharp turnaround in economy in FY17

March 10, 2016 pcadmin Leave a Comment

'No signs of sharp turnaround in economy in FY17' Panaji, Mar 10 (PTI) Ratings agency Crisil has said that there are no signs of Indian economy sharply rebounding in the next financial year as the fiscal policy remains restrictive. "For economy, there is no sign of sharp turnaround in the coming fiscal. It needs support from accommodative monetary policy and less restrictive … [Read more...] about No signs of sharp turnaround in economy in FY17

GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’

February 29, 2016 pcadmin Leave a Comment

GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’ While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Shri Arun Jaitley said that the growth of GDP has accelerated to 7.6% in the current Financial Year. This was possible notwithstanding the contraction of global exports by 4.4% compared to 7.7% growth in the world … [Read more...] about GDP Accelerates to 7.6%; Budget 2016-17 Built on Agenda ‘Transform India’

Limit of Deduction of Rent Increased from Rs.24,000 to Rs.60,000

February 29, 2016 pcadmin Leave a Comment

Limit of Deduction of Rent Increased from Rs.24,000 to Rs.60,000 100% Deduction of Profits for 3 out of 5 Years for Start-Ups Withdrawal upto 40% of the Corpus to be Tax-Free at the time of Retirement Deduction of Additional Interest of Rs.50,000 Per Annum for First-Time Home buyers New Dispute Resolution Scheme to be Introduced Thirteen Cesses Levied by Various Ministries … [Read more...] about Limit of Deduction of Rent Increased from Rs.24,000 to Rs.60,000

Key Reform Measures in Budget speech 2016-17

February 29, 2016 pcadmin Leave a Comment

Union Finance Minister Shri Arun Jaitley spoke on the Key Reform Measures in his Budget speech 2016-17 1. The Government is firm on its course towards fiscal consolidation without compromising on its development agenda. 3.5% fiscal deficit is targeted for FY 2017. 2.Total allocation for Agriculture, Farmers’ welfare and Irrigation set at Rs. 47,912 cr, which is nearly twice … [Read more...] about Key Reform Measures in Budget speech 2016-17

Seventh Pay Commission: Modi Govt ready to implement ‘salary hike’ recommendations

February 29, 2016 pcadmin Leave a Comment

Seventh Pay Commission: Modi Govt ready to implement 'salary hike' recommendations New Delhi, Feb 27: Giving the hint that Centre is all set to implement Seventh Pay Commission, Government said that 'salary hike' will have little impact on inflation. This was stated in the Economic Survey tabled in the Parliament on Sunday. Read more: 7th Pay Commission: Good News! 'Review … [Read more...] about Seventh Pay Commission: Modi Govt ready to implement ‘salary hike’ recommendations

Pre-Budget Economic Survey 2015-16

February 26, 2016 pcadmin Leave a Comment

Economic Survey: India will remain world’s fastest growing major economy India is poised to slow down, the government signalled on Friday as its annual report card pegged GDP growth for 2016-17 at 7 to 7.75% — a downtick from the 7.6% estimated for this year. Despite the slowdown, the country will remain the world’s fastest growing major economy and a “haven of stability” in … [Read more...] about Pre-Budget Economic Survey 2015-16

Phased pension hike likely to meet fiscal deficit target

February 24, 2016 pcadmin Leave a Comment

Phased pension hike likely to meet fiscal deficit target - Officials grappling with a combination of measures to provide spending buffer The challenging fiscal math for the upcoming year on account of higher expected outgo on salaries and pension has prompted the government to examine various permutations and combinations to check the feasibility of curtailing the deficit to … [Read more...] about Phased pension hike likely to meet fiscal deficit target

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Latest DOPT Orders

Modernization of Non-Statutory Departmental Canteens located in Central Government Offices : DOPT

Swachh Bharat Mission-Departmental Canteens

Opening of Departmental Canteens in Central Government Offices.

Government servants at all levels are to attend office on all working days without any exemption to any category of employees

Reimbursement to Government servants on LTC to the nearest airport / railway station / bus terminal

Latest Finmin Orders

Clarification on Cash Management Guidelines – FINMIN

Clarification regarding Special Cash Package equivalent in lieu of LTC Fare for CG Employees during the block 2018-21

CGEGIS 1980 – Table of Benefits from Jan to March 2021

One time relaxation in Transport Allowance during COVID-19 pandemic – FINMIN

Reimbursement of Travelling Allowance admissible under Daily Allowance : FINMIN

Latest Railway Orders

Conveyance Allowance at revised rates to Railway Medical Officers

Holidays to be observed in Central Government Offices during the year 2021: Railway Board Order

Grant of disability pension, comprising service element and disability element to pre-2006 disability pensioners

Re-classification of cities for the purpose HRA to Railway Employees

33% of Railways Officers and staff attend office with staggered timings

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