. FLASH !!! 6500/7500 SCALE FROM 1.1.1996 HAS BEEN ALLOWED BY HON'BLE CAT, HYDERABAD VIDE OA No. 21/2218/2024 & Batch filed before the Hon’ble CAT Hyderabad. ...
FLASH! TODAY CONTEMPT CASE NO.1036/2025 ON IMPLEMENTATION OF ORDER ON 01.01.1996 PAY FIXATION WAS HEARD IN HON'BLE HIGH COURT OF HYDERABAD, DEPARTMENT PLEADED SAYING IT INVOLVES RS.200 CRORES. HIGH COURT HAS FINALLY GIVEN 4 WEEKS TIME..

Tuesday, March 20, 2012

GOOD NEWS - BY SGAICEIA

While we received the happy news that Government issued orders for grant of one increment in pre-revised pay scale for those who were due for their increments between Feb-2006 to Jun-2006, another long pending demand of the employees for enhancing the interest rate on Provident funds has also been considered in favour of employees to some extent.


In the resolution F.No: 5(1)-B(PD)/2011 dated 19.03.2012, the Ministry of Finance has announced that the following Provident funds in which Central Government Employees subscribe for their retirement benefit will carry interest at the rate of 8.6% with effect from 01.12.2011.  However, the these provident funds will remain to fetch interest at the rate of 8% from 01.04.2011 to 30.11.2011.

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