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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first*** DA FOR BANKER FROM FEBRUARY 2023 SEE DETAILS CHART FOR OFFICER AND WORKMAN***Outcome of Today’s meeting with IBA - 31.01.2023***All India Bank Strike 27.06.2022******PLEASE VISIT INDIAN TOURISM CULTURE & HERITAGE *****NITI Aayog finalised names of Two public sector banks and one general Insurance Co. for privatisation****No economic reason to privatise PSU banks---post date 24.05.2021******Mobile users may soon be able to switch from postpaid to prepaid and vice versa using OTP*****India May Privatise or Shut 46 PSUs in First 100 Days, Says NITI Aayog's Rajiv Kumar----We should start with the banks*****Expected DA for Bank Employee from August 2019 is 24 slab to 29 slab*****RTGS time window from 4:30 pm to 6:00 pm. with effect from June 01.06.2019******WITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI***** Salient features of Sukanya Samriddhi Account---Who can open and how?******OBC posts 39% rise in Q4 profit, OBC readt tWITHOUT CUSTOMER'S CONSENT BANK CAN NOT USE AADHAAR FOR KYC ----RBI o take another Bank--MD MUkesh Jain*******DA FOR BANKER FROM NOV 2018 IS INCREASE 66 SLAB I.E 6.60%****40,000 STANDARD DEDUCTION IN YOUR TAX - IS A GREAT DRAM/BLUFF BY JAITLY SEE DETAILS+++++++Cabinet approves plans to merge PSU banks-The final scheme will be notified by the central government in consultation with the Reserve Bank. post date 23.08.2017****IBA to restrict the negotiations on Charter of Demands of Officers' Associations up to Scale-III only post dated 07.07.2017*****

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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Saturday, October 10, 2015

Meeting of National Council (JCM) with DOPT today : Will Bonus ceiling be revised ?

Govt. has approved 78 days' bonus to Railway employees and 40 days' bonus to postal employees with old monthly ceiling or Rs 3500/- per month. Central employees expecting higher bonus this year followed by definite assurance made by Govt. earlier regarding hike in the calculation ceiling got disappointed. Government yet to revise the calculation ceiling of Rs 3500/- per month.
There is an important meeting scheduled with DOPT  to discuss the issues raised in the Charter of Demands by the Staff Side. Union leaders are certain to raise the bonus issue in this meeting and Govt. stand to this issue is widely expected.

It may be mentioned that in the press release issued by Minisry of Labour and employment on 1st September 2015, Shri Bandaru Dattatreya, the Minister of State(IC) for Labour and Employment appealed the Central Trade Unions to withdraw the strike and assured the following

2. “For the purpose of bonus, the wage eligibility limit and calculation ceiling would be appropriately revised. It is proposed to revise the wage eligibility limit from Rs. 10,000 to Rs. 21,000 and calculation ceiling from Rs. 3500 to Rs. 7,000 or the minimum wage notified by the appropriate Government for that category of employment, whichever is higher. With the proposed revision of the minimum wages, the average calculation ceiling would be about Rs.10,000."
Government is yet to revise the ceiling and issuing bonus orders like the earlier years till now.
Let's wait and see the outcome of the meeting today at 3 PM.

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