Posts

Showing posts with the label Dearness Allowanc

Central Government News

14 PERCENT OF THE BASIC PAY PLUS DA BY THE CENTRAL GOVERNMENT CONTRIBUTION IN NPS – GAZETTE NOTIFICATION

14 percent of the Basic Pay plus DA by the Central Government Contribution in NPS – Gazette Notification The monthly contribution would be 10 percent of the Basic Pay plus Dearness Allowance (DA) to be paid by the employee and 14 percent of the Basic Pay plus DA by the Central Government MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 31st January, 2019 F. No. 1/3/2016-PR – In partial modification of para 1(i) of Ministry of Finance’s Gazette Notification No. 5/7/2003-ECB-PR dated 22nd December, 2003, based on the Government’s decision on 6th December, 2018 on the recommendations of a Committee set up to suggest measures for streamlining the implementation of National Pension System (NPS), the Central Government makes the following amendments in the said notification, namely :- (1) In para 1(i) of the said notification, for the words “The monthly contribution would be 10 percent of the salary and DA to be paid by the employee and matche...