The Indian Railways Ministry has sent a communication to several railway departments and agencies including Zonal Railways and Production Units, Metro Railway Kolkata, CORE/Prayagraj, RWP/Bela, WPO/Patna, the Director General of RDSO in Lucknow, and the Director General of NAIR in Vadodara. The letter pertains to the creation of a conducive environment for the safety and […]
Archives for April 2023
New DoPT Circular Tightens Regulations on Stock Transactions by AIS Members PDF
The Department of Personnel and Training (DoPT) has issued a circular to all Chief Secretaries of States/Union Territories, instructing them to report on sales and purchases of shares, securities, debentures, etc. made by members of All India Services (AIS). The circular cites Rule 14(1) of AIS (Conduct) Rules, 1968, which prohibits AIS members from speculating […]
Central Government Employees’ DA increased to 42% from 1.1. 2023 PDF
The Indian Ministry of Finance has announced an increase in the Dearness Allowance (DA) rates for Central Government employees, effective from January 1, 2023. The DA rate has been raised to 42% of the Basic Pay, which refers to the pay drawn in the prescribed level in the Pay Matrix as per 7th CPC recommendations […]
Revised Guidelines for Inclusion of ABs in Treasury Single System PDF
The Ministry of Finance, Department of Expenditure, Government of India has issued an Office Memorandum titled “Revised instructions on Bringing Autonomous Bodies (ABs) under the Treasury Single (TSA) System” on March 24, 2023. The memo contains enclosed instructions dated 24.02.2022, in the form of Ministry of Finance OM 26(118)//EMC Cell/2016, which outline the steps to […]
EPF Subscribers to get 8.15% interest rate for FY 2022-23 PDF
The Employee Provident Fund’s Central Board of Trustees (CBT) has proposed a recommended annual interest rate of 8.15% to be credited to EPF accumulations for the financial year 2022-23. This suggestion aims to distribute more than Rs. 90,000 crore in members’ accounts based on the total principal amount of approximately Rs. 11 lakh crore. After […]