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September 30, 2011
All-India Consumer Price Index Numbers for August 2011
Ministry of Labour & Employment
All-India Consumer Price Index Numbers for
Industrial Workers on Base 2001=100 for the month of August 2011.
All India Consumer Price Index Number for
Industrial Workers (CPI-IW) on base 2001=100 for the month
of August, 2011 increased by 1 point and stood at 194 (one hundred &
ninety four).
September 29, 2011
September 28, 2011
September 27, 2011
September 26, 2011
September 24, 2011
Grant of family pension in respect of missing employees/ pensioners
The Family Pension to the family of a missing pensioner would accrue with effect from the date of lodging the FIR or from the date of immediately succeeding the day till pension had been last paid to the pensioner, whichever is later.
Observation of Supreme Court on RTI Act : Important for Public Authorities
Where the information sought is not a part of the record of a public authority, and where such in formation is not required to be maintained under any law or the rules or regulations of the public authority, the Act does not cast an obligation upon the public authority, to collect or collate such non available information and then furnish it to an applicant. A public authority is also not required to furnish information which require drawing of inferences and/or making of assumptions.
September 23, 2011
60 days Bonus for employees of Department of Posts : order released today
Today Dte released the BONUS ORDERS of 60 days.
GDS will get Ex-gratia payment of bonus for 60 days and Casual Labourers (with temp. status) will get ad-hoc bonus for 60 days.
GDS will get Ex-gratia payment of bonus for 60 days and Casual Labourers (with temp. status) will get ad-hoc bonus for 60 days.
Transfer under Rule 38 :- IP cadre
Smt. Geetu Kumari, IP (Project) O/O PMG, Indore Region, Indore (M.P) stands allotted to Mumbai Region. (Maharashtra).
Source
Source
September 22, 2011
Update on CAT case on Grade Pay : final orders expected within 10 days
The CAT case on Grade Pay issue was taken for trial today (22.09.11) and the final orders of CAT is expected within 10 days.
Source: IPASP Kerala
Source: IPASP Kerala
September 19, 2011
September 17, 2011
September 16, 2011
September 15, 2011
September 14, 2011
September 13, 2011
September 12, 2011
September 11, 2011
September 10, 2011
September 9, 2011
September 7, 2011
Levy of Penalty on Foreclosure of Home Loans
Government, in May 2010, advised Public Sector Banks, Indian Banks’ Association and National Housing Bank that no pre-payment charges may be levied by the lending institutions when the loan amount is paid by the borrowers out of their own funds; and if any pre-payment charges are to be imposed on housing loans, the same need to be reasonable and transparent and not out of line with the average cost of providing these services.
The Public Sector Banks (PSBs) have reported that by and large they do not levy any pre-payment charges when the amount is paid by the borrowers from their own sources.
The Public Sector Banks (PSBs) have reported that by and large they do not levy any pre-payment charges when the amount is paid by the borrowers from their own sources.
In general, own funds means funds generated through ‘own sources’ and not through borrowings by any lender. Prepayment of loan by a borrower can take place on account of (i) takeover of his / her loan by other lender, and (ii) out of their own sources. In the first case, the borrower often gets their existing loan refinanced by other lender, if the interest rate offered by other lending institution in the market was lower and attractive.
In terms of RBI guidelines, in the context of granting greater functional autonomy to banks, freedom has been given to scheduled commercial banks, including public sector banks, private sector banks and foreign banks, on all operational matters pertaining to banking transactions.
This information was given by the Minister of State for Finance Shri Namo Narain Meena in a written reply to a question raised in Rajya Sabha today.
Source : PIB DSM/SS/GN
(Release ID :75681)
In terms of RBI guidelines, in the context of granting greater functional autonomy to banks, freedom has been given to scheduled commercial banks, including public sector banks, private sector banks and foreign banks, on all operational matters pertaining to banking transactions.
This information was given by the Minister of State for Finance Shri Namo Narain Meena in a written reply to a question raised in Rajya Sabha today.
Source : PIB DSM/SS/GN
(Release ID :75681)
