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Thursday, 22 March 2012

Declaration DA from 1.1.2012

DA for 7% is likely to be declared in the cabinet meeting scheduled to be held today i.e. on 22.3.2012 and with this declaration, the total DA will be 65% w.e.f.01.01.2012.

Tuesday, 20 March 2012

Rate of interest on GPF for 2011-12

GPF shall carry interest @ 8% for the period from 1.4.2011 to 30.11.2011 and 8.6% with effect from 1.12.2011.
  PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F.NO. 5(1)-B(PD)/2011
Government of India
Ministry of Finance
(Department of Economic Affairs)
New Delhi, the 19th March, 2012
RESOLUTION
It is announced for general information that during the year 2011-2012, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight per cent) for the period from 1.4.2011 to 30.11.2011 and 8.6% (eight point six percent) with effect from 1.12.2011.

Finance Ministry issued order regarding grant of increment

Central Civil Services (Revised Pay) Rules, 2008 — Date of next increment in the revised pay structure under Rule 10 of the CCS(RP) Rules, 2008.
MOST IMMEDIATE


No.10/02/2011-E.III/A

Government of India

Ministry of Finance

Department of Expenditure


New Delhi, the 19th March, 2012


OFFICE MEMORANDUM


Subject:— Central Civil Services (Revised Pay) Rules, 2008 — Date of next increment in the revised pay structure under Rule 10 of the CCS(RP) Rules, 2008.


In accordance with the provisions contained in Rule 10 of the CCS (RP) Rules, 2008, there will be a uniform date of annual increment, viz. 1st July of every year. Employees completing 6 months and above in the revised pay structure as on 1st of July will be eligible to be granted the increment. The first increment after fixation of pay on 1.1.2006 in the revised pay structure will be granted on 1.7.2006 for those employees for whom the date of next increment was between 1st July, 2006 to 1st January, 2007.


2. The Staff Side has represented on this issue and has requested that those employees who were due to get their annual increment between February to June during 2006 may be granted one increment on 01.01.2006 in the pre-revised scale.


3. On further consideration and in exercise of the powers available under CCS(RP) Rules, 2008, the President is pleased to decide that in relaxation of stipulation under Rule 10 of these Rules, those central government employees who were due to get their annual increment between February to June during 2006 may be granted one increment on 1.1 .2006 in the pre-revised pay scale as a one time measure and there after will get the next increment in the revised pay structure on 1.7.2006 as per Rule 10 of CCS(RP) Rules, 2008. The pay of the eligible employees may be re-fixed accordingly.



4, In so far as the persons serving in the Indian Audit and Account Department are concerned, these orders are issued in consultation with the Comptroller & Auditor General of India.



sd/-

(Renu Jani)

Director

Thursday, 15 March 2012

Promotion and Posting of LSG APM(A/C)

The following PO & RMS Accountants have been promoted to LSG A/Cs cadre in Postal wing vide C.O. Memo No.ST/26-6(I)/2011 dated 12thMar, 2012 and posted/allotted to Region as mentioned against each.


Sl. No.
Name of the Official S/Shri
Parent Division
Place of Posting / Region to which allotted
1.
P.K. Mohapatra
Puri
APM A/Cs, Puri HO
2.
Bhagaban Mishra
Balangir
APM A/Cs, BBSR GPO
3.
Indra Narayan Sahoo
Sambalpur
APM A/Cs, Nayagarh HO
4.
Pradeep Ku. Das
Balasore
APM A/Cs, Jagatsinghpur HO
5.
A.K. Tripathy
Balasore
APM A/Cs, Jajpur HO
6.
D.C. Pradhan
Sundergarh
APM A/Cs, Baripada HO
7.
S.K. Swain
Koraput
Berhampur Region
8.
P.K. Pattanaik
Berhampur
Berhampur Region
9.
B.D. Behura
Bhadrak
Sambalpur Region

Friday, 9 March 2012

DA to be declared on 15.3.2012 in the cabinet meeting

DA from Jan 2012 – Cabinet will decide in the next meeting wich is held on 15.03.2012 …
The additional Dearness allowance which is announced every six months by the Central Government to the Central Government employees and the Pensioners is based depending upon the price hike of essential commodities all over the nation.
The statistics of All India Consumer Price Index for Industrial Workers (AICPIN-IW) is increased on account of the proportionate rise in twele-month as of December 2011, regarding the additional DA to be announced from 1.1.2012, which is based on the price rise from July 2011 to Dec 2011 in about 70 selected areas throughout India. These calculation are done by the Labour Ministry and it was sent to the Finance Ministry and discussed in the meeting of the Cabinet Ministers. The decision is expected to be finalised in the next meeting.
DA from 1.1.2012 may increase 7% form the existing rate is expected. Now all the Central Government employees and pensioners are getting 58% from their basic pay (Pan in the pay band + Grade Pay), it will become as 65% from 1.1.2012. The minimum of the enhanced amount of DA will be Rs.500 to the existing employees.
After the final decision is taken from the Cabinet Committee, order will be issued by the Finance Ministry in the end of this month and the DA for the month of March will be included in the salary and the previous two month’s DA will be paid as arrears in the month of April 2012.
Source : cgen.in

Tuesday, 6 March 2012

Observing holiday on account of Holi

As per Holiday List for 2012, 08.03.2012 is declared as Holiday on account of Holi. Several queries have been made whether the date can be changed to 09.03.2012 on which Holi will be practically observed in Odisha Circle. It is understood from the Circle Office that there will be no change in the date of Holiday on account of Holi already declared. That means, 08.03.2012 will be observed as Holiday on account of Holi in Odisha Circle. This is in accordance with the instruction contained in DOPT Letter No.F.12/3/2011-JCA-2 dated 27.06.2011 which stipulates that no change is permissible in regard to festival and dates (except Muslim festivals which depend on the appearance of moon.)
 
Source- IPASPORISSA.BLOGSPOT.COM