Tag: government employees

Dearness Allowance (DA) has been hiked for certain central government employees taking salaries as per the 5th, 6th, and 7th pay commissions(Reuters)
Posted in Business

Dearness allowance (DA) hiked for certain central government employees: Report

Dearness Allowance (DA) has been hiked for certain central government employees taking salaries as per the 5th, 6th, and 7th pay commissions, the Department of…

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Posted in Economy

DA News: Cabinet approves 3% DA hike for govt employees ahead of Diwali

The Union Cabinet on Wednesday approved a 3 per cent Dearness Allowance (DA) hike, said I&B minister Ashwini Vaishnaw, while announcing the key decisions of…

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DA is applicable to all the currently serving employees while DR is appplicable to all pensioners. Both are to adjust the salary or pension to the increasing cost of living, driven by inflation.(Reuters)
Posted in Business

DA hike announcement for central govt employees may come soon after Union Cabinet meeting: Report

Oct 09, 2024 01:50 PM IST The previous DA hike of 4% was announced in March, and was effective from January 2024 The central government…

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India stands out globally, will continue to grow at fast pace: FM Sitharaman
Posted in Economy

India stands out globally, will continue to grow at fast pace: FM Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said India is standing out globally in terms of economic growth and will continue to do so in the…

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New simplified pension application form launched for central govt employees
Posted in Economy

New simplified pension application form launched for central govt employees

Union minister Jitendra Singh on Friday launched a new simplified pension application form for retiring central government employees. A total of nine different forms have…

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Unified Pension Scheme to put a Rs 6,250-cr pressure on govt
Posted in Economy

Unified Pension Scheme to put a Rs 6,250-cr pressure on govt

The newly approved Unified Pension Scheme (UPS), set to provide an assured pension to 23 lakh eligible central government employees, will bring an additional financial…

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The Union Cabinet gave green light to UPS for government employees which is likely to benefit 23 lakh central employees and the number could extend to 90 lakh.
Posted in Business

Centre’s Unified Pension Scheme to give higher pensions: Report

Aug 26, 2024 09:55 AM IST Centre’s Unified Pension Scheme set to benefit 23 lakh central employees, with state adoption potentially extending to 90 lakh….

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NPS is currently open for people between 18 and 60, and our Board has approved raising the age limit for joining to 65.(HT File/ Representative Purpose)
Posted in Business

How is the new ‘Unified Pension Scheme’ different from NPS?

The central government on Saturday approved the Unified Pension Scheme (UPS), which guarantees an “Assured Pension and Assured Family Pension.” Announcing the Cabinet’s decisions, Information…

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