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8th Pay Commission salary calculator: Railway employee body proposes 5 fitment factors; check pay calculationsThe Indian Railway Technical Supervisors' Association has proposed a significant change for the 8th Pay Commission. Instead of a single fit...
8th Pay Commission latest update: Railway technical staff seek multiple fitment factors, higher HRA, pay fixRailway technical supervisors have put forward significant demands to the 8th Pay Commission. Key proposals include a Rs 52,000 minimum sal...
8th Pay Commission fitment factor demand: Railway employee body demands multiple fitment factors; minimum pay of Rs 52,600The Indian Railways Technical Supervisors’ Association (IRTSA) has submitted a memorandum to the 8th Pay Commission demanding five distinct...
8th Central Pay Commission: Is government forming separate pay revision committee for CPSE staff? Here is what Minister saysThe government has stated there is no proposal for a separate pay revision committee for Central Public Sector Enterprise (CPSE) employees....
Providing up to Rs 20 lakh gratuity mandatory for all CPSEs from this date: Finance Ministry clarifies rulesThe Department of Public Enterprises has clarified gratuity rules for Central Public Sector Enterprise employees. A Rs 20 lakh gratuity pay...
CPSEs told to boost interaction with investors, analystsThe finance ministry has asked central public sector enterprises (CPSEs) to bolster engagement with market participants, including big inve...
Govt grants 'Navratna' status to RITES Ltd"Entering its 50th year of incorporation, RITES Ltd is a leading transport infrastructure consultancy and engineering firm in India. It pro...
Centre freezes Dearness Allowance hike for CPSE employees till June next yearAdditional installments of DA due from January and March next year shall also not be paid, the memorandum said, adding that DA at the curre...
Coal India employees stay away from offer for saleHad the issue been fully subscribed, it would have fetched the government around Rs 251 crore.
Cabinet clears a 15 per cent pay hike for CPSE employeesThe 3rd Pay Commission had recommended a 15 per cent increase in emoluments, the lowest so far. Higher wages are effective from January 1, ...
EPFO puts in more than Rs 18,000 crore in ETFsThe Employees' Provident Funds and Miscellaneous Provisions (EPF and MP) Act, 1952, is applicable to every establishment employing 20 or mo...
Closed CPSE employees are paid attractive compensation: GovernmentEmphasising that workers' interests are kept in mind while formulating restructuring plans for sick and loss-making CPSEs, he said that VRS...
Department of Disinvestment wants EPFO to invest Rs 6,000 crore; fund commits Rs 1,000 croreThe Employees Provident Fund Organisation had earlier committed to the Finance Ministry that it will start investing from August 1 in the C...
Revamped CPSE ETF by October; EPFO, NPS to park fundThe Finance Ministry is planning to launch a revamped CPSE Exchange Traded Fund by October in which EPFO and NPS could park their money.
DoD wants EPFO to invest in CPSE ETFETF is a security that tracks an index, a commodity or a basket of assets like an index fund, but trades like a stock on exchange.
Give fraud cases to CBI, not police: Central Vigilance Commission to CPSEsThe CVC said it has noticed instances of some CPSEs referring cases prima facie involving criminal offences, financial irregularities and h...
CPSE employees declined in 2012-13: SurveyThe number of people working in the country's public sector enterprises declined in 2012-13, according to a government survey.
- Ministries to work on medical fund for retiredd CPSE employees
The DPE move follows the recommendations of the Second Pay Revision Committee, which had called for such a fund.
- Snowballing effect
Pay revision for CPSE employees was sure after 6th Pay commission.
- PSU staff gets 5% DA hike as shield from scalding inflation
The government has decided to increase the rate of dearness allowance (DA) for PSU staff (accepting industrial dearness allowance pattern) ...