7th Pay Commission Latest News Today: PENSIONERS ALERT! Modi Govt makes BIG announcement for ease of living of pensioners
Only recently, PM Modi led central government hiked Dearness Allowance (DA) of these government employees by 11 per cent.
There has been good news pouring in for central government employees and pensioners. Only recently, PM Modi led central government hiked Dearness Allowance (DA) of these government employees by 11 per cent. This will ensure that central government employees get hiked salary with 28 per cent of DA, up 11 per cent from existing 17 per cent. This was soon followed by Rajasthan government which also hiked DA of state government employees by 11 per cent, effective from July 1. "It has been decided to increase the dearness allowance of the Rajasthan government employees and pensioners from 17 per cent to 28 per cent," Chief Minister Ashok Gehlot said had in a tweet.
See Zee Business Live TV Streaming Below:
Meanwhile, keeping ease of living of the pensioners in mind, the Centre has told banks they can use social media apps such as WhatsApp alongside SMS and email to send pension slips to pensioners after their account is credited, according to an official order.
“Banks may also use social media apps WhatsApp etc in addition to sms and email,” said an order issued by the Department of Pension and Pensioners’ Welfare.
A meeting was held with the Central Pension Processing Centres (CPPCs) of pension-disbursing banks last month wherein the issue of providing the breakup of the monthly pension to the pensioners was discussed, it said.
The banks were impressed upon to undertake this welfare measure as this information is required by pensioners in connection with Income Tax, Dearness Relief payments and DR arrears among others, the order said.
The banks welcomed the idea and expressed their willingness to provide the information, it said. “Accordingly, all pension disbursing banks should issue pension slip to pensioners after credit of pension on their registered mobile numbers through sms and email (wherever available) also,” said the recent order.
The pension slip should provide the complete detail of the monthly pension paid along with break-up of the amount credited and tax deductions etc. if any, it said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
07:23 AM IST