Blogs Posts on "Government Employees"

Income Exempt From Income Tax for the Financial Year 2009-10 by Investment And Money Matters on Nov 7, 2009Just Know 14 items which are fully exempt from income tax and which a resident individual Indian assessee can use with profit for the purpose of tax planning. 1. Agricultural incomeUnder the provisions of Section 10(1) of the Income Tax Act, agr...

Modified Assured Career Progression Scheme (MACPS) - Clarification by Investment And Money Matters on Sep 25, 2009n pursuance of the recommendations of Sixth Central Pay Commission (Para 6.1.15) of its report), Department of Personnel and Training vide their OM No.35034/3/2008-Esst.(D)dated 19.05.2009 has circulated the Modified Assured Career Progression Scheme...

What is the New Pension Scheme? by Investment And Money Matters on Sep 7, 2009The New Pension Scheme is an investment option which will help an individual, plan for his or her retirement. The key difference between the old government pension scheme and the New Pension Scheme is that the old pension scheme was based on a define...

60% Arrears releasing for Government Employees by Investment And Money Matters on Aug 26, 2009The Government of India declared to release 60% of Arrears as per 6th Central Pay commission. Earlier Gov't agreed to pay arrears in two installments. 40% inthe financial year 2008-09 and the remaining 60% in the financial year 2009-2010.As per the...

Govt can terminate temporary staff without assigning reason: CAT by Investment And Money Matters on Aug 11, 2009The central government can terminate the services of its temporary employee without assigning any reason, the Central Administrative Tribunal (CAT) said.The tribunal passed the order on a petition filed by an ex-technician challenging his termination...

Govt of India proposes New Health Insurance Scheme in lieu of CGHS by Investment And Money Matters on Jun 16, 2009Gov't of India proposes new health insurance for Gov't employees. This is a welcomable proposal that a n employee or his/her family can get treatment from anywhere else as they wish. Yes developed countries follows this method. Let us read the news a...