Da Hike: States Hike Dearness Allowance For Employees And Pensioners

The central government raises the dearness allowance DA to sixty percent as multiple states follow the new pay scale rules.

A big salary boost is hitting government desks. And first the central team raised the main allowance rate. So now millions of active workers see a jump. After that the new allocation touched sixty percent of base pay. Plus the update applies back to the start of January. Meanwhile major public sectors rolled out their own matching plans. So this big shift helps families handle high living costs.

National rail networks followed the central path fast. And first the rail board cleared a two percent hike. Plus this extra cash helps lakhs of field workers. Then note that retired staff members also get the relief. So the giant public sector employer matches the new scale. Meanwhile banking groups revised their pay levels for the summer. So these combined updates lift cash flows across different fields.

Full List of Indian States Increasing the Cost of Living Allowance

Multiple regional desks have updated their pay metrics. And first a far eastern state raised its local rate. Next the change will help thousands of regular staff lines. Then the extra state costs will touch a high mark. So back dues for early months will arrive soon. Meanwhile a prominent southern state cleared a matching two percent boost. Plus this big move benefits sixteen lakh teachers and workers.

Specific Pay Metric Changes for Bihar and Odisha

Eastern states are rolling out their specific updates now. And first the Bihar desk announced a multi-point scale jump. So now workers on older pay scales see a big rise. After that the latest framework moves up to sixty percent. Then the Odisha chief office cleared its own fresh deal. Plus the local team will send the extra cash this month. Meanwhile West Bengal is planning a new panel review. So the entire region is shifting its financial layouts.

Understanding the Core Allowance Calculations and Tax Rules

The cost of living allowance shifts twice every year. And first official trackers look at macro inflation metrics carefully. Next they adjust the cash values in spring and autumn. Then the final payout changes based on your actual work town. So rural zones show different scales than urban hubs. Meanwhile the entire extra allowance amount faces standard income tax. Plus you must report these gains in your tax filings.

Summary of Employee Group Requests and Target Goals

Some worker groups are asking for even higher pay terms. And first transport unions in the south seek deep salary changes. Next they want large sets of back dues cleared fast. Then the central teams continue to evaluate these heavy requests. So the overall framework keeps moving under the pay panel rules. Meanwhile millions of retired defense personnel enjoy the fresh relief lines. So the current updates mark a major shift for public funds.

💬 System Announcement: Finance Ministry Regional Review Desk

“Look, the data from the new pay framework is clear as the allowance balances cost of living needs for both workers and pensioners across all regions,” a senior analyst stated online.

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The post DA HIKE: STATES HIKE DEARNESS ALLOWANCE FOR EMPLOYEES AND PENSIONERS — CHECK FULL LIST HERE first appeared on Rightsofemployees.com.

Now you can retire as a “Crorepati” even if you spend ₹1 lakh every month. Specifically, a Public Provident Fund (PPF) account can build a massive corpus of over ₹1.54 crore. Indeed, this is possible if you follow a 30-year disciplined investment plan. Actually, the secret lies in extending your account in blocks of five years. Therefore, you can enjoy a regular pension for 20 years and still keep ₹1 crore in the bank. In fact, this strategy uses the power of compounding and a smart withdrawal plan. Simple as that.

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The Road to ₹1.54 Crore: PPF Growth Table

Now you can see exactly how your money grows over three decades. Actually, the current interest rate for the April-June 2026 quarter stands at 7.1%. In fact, here is the math for a maxed-out PPF account.

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1. The Power of the 5-Year Extension Rule

Now most people think a PPF account must end after 15 years. Actually, you can extend it for an infinite number of times in blocks of 5 years.

How to Maximize Returns

• First, always choose the “extension with investment” option.

• Next, this allows you to earn interest on both your old balance and new money.

• Thus, extending your account three times lets you invest for a total of 30 years.

• Furthermore, the interest earned on your corpus is entirely tax-free.

• Specifically, this keeps your money safe from the taxman under Section 10.

• Therefore, you can reach the ₹1.54 crore mark by age 60 if you start at 30. Period.

2. Using SWP for a Monthly Pension

Now you need to turn that huge lump sum into a steady monthly income. Actually, experts suggest using a Systematic Withdrawal Plan (SWP) for your retirement.

The Pension Trick

• First, invest your ₹1.54 crore maturity amount into an SWP portfolio.

• Next, assume a safe long-term annual return of about 7%.

• Thus, you can withdraw exactly ₹1,00,000 every single month for 20 years.

• Additionally, this covers your living costs from age 60 to age 80.

• Moreover, you are not just spending money; you are earning on the balance.

• Consequently, you create a “pension” that never really runs dry. Period.

3. Why You Stay a Crorepati After 20 Years

Now the most amazing part of this plan is the final balance. Actually, you do not end up with zero after two decades of spending.

The Final Wealth Count

• First, the 7% return on your SWP helps the principal amount grow.

• Next, your ₹1 lakh monthly withdrawals are offset by the annual earnings.

• Thus, after 20 years of “pension,” your balance remains over ₹1 crore.

• Additionally, your exact estimated balance would be ₹1,00,05,655.

• Moreover, this ensures you have a massive safety net even in your 80s.

• Consequently, the PPF-to-SWP shift is the ultimate move for wealth.

Frequently Asked Questions

Q: What is the current PPF interest rate in 2026?Now, the government has set the rate at 7.1% for the April-June 2026 quarter. Thus, it remains one of the best risk-free tools available.

Q: Can I get tax benefits under the New Tax Regime?Actually, no. Section 80C benefits for PPF only apply to the Old Income Tax Regime. Therefore, choose your regime wisely before investing.

Q: Is the maturity amount of PPF taxable?Actually, PPF falls under the EEE category. Therefore, the deposit, the interest, and the final maturity amount are all 100% tax-exempt.

Q: How many times can I extend my PPF account?Since there is no upper limit, you can extend it in 5-year blocks as many times as you like. Therefore, it can serve as a lifelong wealth tool.

The Bottom Line

Now the PPF Crorepati Strategy of 2026 shows that small, steady steps lead to big wealth. While 30 years seems like a long time, the results are truly life-changing.

Overall, the goal is to use the tax-free power of PPF to build your base. Therefore, you should start your account as early as possible to enjoy the magic of compounding. Thus, you can secure your future and the future of your family at once. Meanwhile, keep an eye on any quarterly interest rate changes from the government! Lastly, start your journey to becoming a crorepati today!

Plan smart. Retire rich. Period.

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The post How to Build a ₹1.5 Crore PPF Corpus and Get ₹1 Lakh Monthly Pension first appeared on Rightsofemployees.com.

Now a massive update has arrived for millions of central government employees. Specifically, the Pragatisheel Shikshak Nyaya Manch (PSNM) has submitted a bold new memorandum today, April 27, 2026. Indeed, this body represents teachers in Union Territories, Kendriya Vidyalayas, and Navodaya Vidyalayas. Actually, they are calling for a complete overhaul of the current salary structure. Therefore, if the 8th Pay Commission accepts these demands, entry-level salaries will triple. In fact, the group wants the minimum basic pay to jump from ₹18,000 to ₹50,000 immediately. Simple as that.

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8th Pay Commission: The PSNM Wishlist (April 2026)

Now you can see the specific numbers proposed by the teachers’ body. Actually, the group wants annual increments to double to ensure consistent income growth. In fact, here is the breakdown of the key salary demands.

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1. Massive HRA & Allowance Overhaul

Now the proposal goes far beyond just the basic salary. Actually, the PSNM has suggested a significant hike in various monthly allowances for 2026.

The Allowance BreakoutFirst, the body wants the House Rent Allowance (HRA) to increase to 12%, 24%, and 36%. Next, they propose merging the Dearness Allowance (DA) with basic pay once it hits 50%. Thus, employees would see a much higher “take-home” salary every month. Furthermore, they are seeking a Children’s Education Allowance of ₹7,000 per child. Specifically, this would replace the current rate of roughly ₹2,800. Additionally, a new “Digital Support Allowance” of ₹2,000 has been suggested for broadband and AI tools. Therefore, the total monthly package could reach historic highs. Period.

2. Faster Career Growth and Leave Policies

Now the teachers are highlighting the extreme delays in their career progression. Actually, many staff members wait nearly 20 years for a single promotion today.

The Career FixFirst, the PSNM wants to revise the MACP scheme for upgrades at 6, 12, 18, and 24 years. Next, they recommend quick transitions from TGT to PGT roles within 7 years. Thus, teachers would reach higher pay levels much faster than before. Additionally, the memorandum seeks to increase earned leave encashment to 400 days at retirement. Moreover, they have proposed a strict 5-day work week for all central schools. Consequently, these changes aim to improve both the work-life balance and long-term financial security of educators. Period.

3. The Return of the Old Pension Scheme (OPS)

Now the most sensitive part of the proposal involves retirement benefits. Actually, the demand to scrap the National Pension System (NPS) has gained fresh momentum.

Retirement SecurityFirst, the PSNM demands a full restoration of the Old Pension Scheme (OPS). Next, they have asked the government to raise the retirement age to 65. Thus, teachers can serve longer while securing a fixed monthly pension later. Additionally, the body wants the gratuity ceiling doubled to ₹50 lakh. Moreover, they are pushing for a 100% cashless healthcare system for all retired staff. Consequently, the 8th Pay Commission must now weigh these heavy fiscal demands against the national budget.

Frequently Asked Questions

Q: When will the 8th Pay Commission be implemented?Now, the committee is currently hearing stakeholders through April 30, 2026. Thus, the final implementation is expected by January 2027.

Q: What is the proposed fitment factor?Actually, while the PSNM suggests up to 3.83, other unions like the BPMS are demanding a factor of 4.0. Therefore, the final number is still under debate.

Q: Will the minimum pay really reach ₹50,000?Actually, this is a formal demand from the unions. Thus, the government will likely negotiate a middle ground between the current ₹18,000 and the proposed ₹50,000.

Q: Is there any update on the 5-day work week?Since schools currently follow various schedules, the PSNM is pushing for a uniform 45-hour, 5-day week. Therefore, we must wait for the commission’s final report.

The Bottom Line

Now the 8th Pay Commission Update of 2026 has set high expectations for all central employees. While the teachers’ wishlist is ambitious, it reflects the rising cost of living in India today.

Overall, the goal is to provide a “dignified standard of living” for those who shape the nation’s future. Therefore, keep watching the news as the April 30 deadline for submissions approaches. Thus, you can stay informed about your potential salary hike and pension status. Meanwhile, keep checking our blog for more detailed breakdowns and calculator tools! Lastly, we hope every government servant gets the fair deal they deserve!

Better pay. Secure future. Period.

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The post 8th Pay Commission: Teachers Demand ₹50k Minimum Pay & 36% HRA first appeared on Rightsofemployees.com.

Now a massive shift in central government pay structures is on the horizon for 2026. Specifically, the Bharatiya Pratiraksha Mazdoor Sangh (BPMS) has submitted a groundbreaking memorandum to the 8th Pay Commission. Indeed, the union demands a starting salary that is four times higher than the current rate. Therefore, millions of employees are watching these developments with great hope today, April 23, 2026. In fact, the proposal aims to align government pay with the surging national per capita income. Simple as that.

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BPMS vs. Current Pay Structure: 2026 Comparison

Now you can see exactly how these new demands would reshape your monthly earnings. Actually, the union bases these numbers on the latest economic data from the Ministry of Statistics. In fact, here is a clear look at the proposed changes.

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1. The ₹72,000 Minimum Pay: A New Standard

Now the primary goal of the BPMS is to ensure a dignified life for entry-level staff. Actually, they argue that the current ₹18,000 base is far too low for today’s market.

The Economic Logic

First, the union points to the 86.76% rise in India’s Per Capita Net National Income since 2016. Next, they suggest linking minimum wages directly to this national growth. Thus, government pay would stay relevant to the real-world economy. Furthermore, this new ₹72,000 base would cover the rising costs of housing, food, and education. Specifically, the union believes this figure balances employee needs with the country’s fiscal health. Therefore, this move would set a very high bar for the 8th Pay Commission’s final report. Period.

2. The 4x Fitment Factor: Why It Matters

Now every central employee knows that the fitment factor is the key to a real salary jump. Actually, the BPMS wants a much higher multiplier than what we saw in the 7th CPC.

The Calculation Shift

First, the union proposes a fitment factor of 4.00 to account for inflation and income growth. Next, this multiplier ensures that every pay level sees a uniform and fair increase. Thus, it accounts for the merger of Dearness Allowance (DA) into the basic pay structure. Additionally, BPMS wants to double the annual increment rate from 3% to 6%. Moreover, they argue that while DA handles price rises, only a 6% increment brings real wealth growth. Consequently, this combination would significantly boost the lifelong earnings of every central worker. Period.

3. Revising the “Family Unit” Concept

Now the union is also pushing for a more realistic view of Indian social life. Actually, the old method only counts a spouse and two children in the family unit.

A Social Change

First, BPMS wants to increase the family unit size from three to five members. Next, this change formally recognizes the financial duty employees have toward their parents. Thus, the pay commission would calculate salary based on the needs of five people instead of three. Additionally, the union maintains that these suggestions create a more transparent and fair system. Moreover, they believe this shift will boost employee morale across all departments. Consequently, the 8th Pay Commission must now weigh these social realities against the national budget.

Frequently Asked Questions

Q: When is the deadline for submitting memorandums?

Now, the 8th Pay Commission has set a hard deadline of April 30, 2026. Thus, all unions must submit their final demands by next week.

Q: Who is the Chairperson of the 8th Pay Commission?

Actually, Justice Ranjana Prakash Desai leads the commission. Therefore, she will oversee the final analysis of these massive pay demands.

Q: Will the minimum pay really reach ₹72,000?

Actually, that remains to be seen. While BPMS demands this, the government will make the final decision based on the commission’s view. Thus, we should wait for the final report.

Q: When will the 8th CPC submit its report?

Since it has 18 months from its start, we expect the final report around late 2026 or early 2027. Therefore, stay tuned for the official timeline updates.

The Bottom Line

Now the 8th Pay Commission update of April 2026 brings the most ambitious demands in decades. While the government usually picks a middle ground, the union’s case for ₹72,000 is backed by strong data.

Overall, the goal is to create a sustainable pay structure that rewards hard work and loyalty. Therefore, keep checking the official website at 8cpc.gov.in for live updates. Thus, you can stay informed about your future financial health. Meanwhile, keep checking our blog for the latest 8th CPC fitment factor news! Lastly, share this update with your colleagues to keep them in the loop!

Fair pay. Better standards. Period.

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The post 8th Pay Commission: BPMS Seeks ₹72,000 Minimum Pay & 4x Fitment first appeared on Rightsofemployees.com.

Now the wait for a massive salary jump for central government employees is nearly over. Specifically, the Staff Side of the NC-JCM has submitted a bold new plan to the 8th Pay Commission today. Indeed, the proposal asks for a total overhaul of how the government pays its staff. Therefore, millions of employees and pensioners could see their bank balances grow significantly in 2026. In fact, this latest memorandum suggests merging DA with basic pay much earlier than before. Simple as that.

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8th Pay Commission: Key Proposal Summary 2026

Now you can check the major changes requested for your monthly pay slip. Actually, these demands aim to fight high inflation and rising city costs. In fact, here is the breakdown of the new proposed rates.

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1. The 25% DA Merger: A Permanent Pay Boost

Now the most important demand in the new report is the shift in Dearness Allowance (DA) rules. Actually, the staff side wants to merge DA with basic pay once it hits the 25% mark.

Why This Matters

First, merging DA with basic pay permanently increases your salary base. Next, this change automatically boosts other benefits like your future gratuity and pension. Thus, you get a higher “real” salary that keeps up with market prices. Furthermore, the group argues that current government rates do not show the true cost of food and fuel. Specifically, they want the commission to use actual market data for all future shifts. Therefore, this move would provide a solid shield against the rising cost of living in 2026. Period.

2. HRA Update: Up to 40% for Top Cities

Now the cost of renting a home in cities like Delhi or Mumbai has hit a record high. Actually, the proposal seeks a massive jump in House Rent Allowance (HRA) to help employees stay in good areas.

City-Wise Slabs

First, employees in ‘X’ category cities would get 40% of their basic pay as HRA. Next, those in ‘Y’ and ‘Z’ cities would see their rates jump to 35% and 30%. Thus, the gap between your rent and your allowance would finally close. Additionally, the group wants HRA to be linked to DA for automatic growth. Moreover, there is a new demand to give HRA to pensioners for the first time. Consequently, these changes would ensure that every worker can afford a quality home near their office. Period.

3. Tripling the Power of Allowances

Now the memorandum calls for a “3x hike” in several key daily benefits. Actually, many of these rates have not changed in years while costs have soared.

The Triple Jump

First, transport and daily travel allowances would triple under the new plan. Next, nursing and patient care staff would see their special pay go up by 300%. Thus, frontline workers get the financial respect they deserve for their hard roles. Furthermore, the proposal includes a new ₹10,000 monthly allowance for high-risk jobs in the Railways and Defence. Specifically, even children’s education benefits would jump to ₹10,000 per month per child. Therefore, the total take-home pay would look very different if the government accepts these terms.

Frequently Asked Questions

Q: When will the 8th Pay Commission start?

Now, the government has already set the Terms of Reference. Thus, the full review process is moving fast in early 2026.

Q: Will the minimum salary reach ₹69,000?

Actually, that depends on the final “Fitment Factor” the commission picks. Therefore, stay tuned as the commission weighs the 3.83 factor demand.

Q: Does this affect state government employees?

Actually, most states follow the central rules shortly after they are announced. Thus, state workers should watch these updates closely too.

Q: Is air travel allowed for all ranks now?

Since train bookings are often full, the group has asked to allow air travel for all duty trips. Therefore, this would save time and improve efficiency.

The Bottom Line

Now the 8th Pay Commission Proposals of 2026 are the most ambitious we have seen yet. While the government must still approve the plan, the union’s demands are very clear.

Overall, the goal is to align government pay with the modern economy and market reality. Therefore, keep a close eye on the next cabinet meeting for any news on the “Interim” relief. Thus, you can plan your family’s financial future with more confidence. Meanwhile, keep checking our blog for the latest 8th CPC calculator updates! Lastly, we hope every employee gets a fair and timely hike!

Higher pay. Better life. Period.

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Now the Uttar Pradesh (UP) government has made a major move for millions of workers. Specifically, Chief Minister Yogi Adityanath has approved a new 3-tier wage plan for 2026. Indeed, this update follows recent labor talks in Noida and Ghaziabad. Therefore, workers across the state will see a significant jump in their monthly pay. In fact, the new rates started on April 1, 2026. Simple as that.

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New UP Minimum Wage Structure: Effective April 1, 2026

Now you can check your new salary based on where you live and work. Actually, the state now has three distinct pay zones to reflect the cost of living. In fact, here is the data for the new 2026 wage slabs.

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Why Noida and Ghaziabad Get the Highest Hike

Now the workers in Noida and Ghaziabad are seeing the largest pay rise of around 21%. Actually, the high cost of rent and food in these areas led to this decision.

The Urban FactorFirst, a high-level committee studied the daily expenses in industrial hubs. Next, they decided that these cities need a higher base pay to support workers. Thus, an unskilled worker in Noida now earns ₹2,377 more each month than before. Furthermore, this new rule helps strike a balance between welfare and economic growth. Specifically, the government wants to keep these export hubs competitive while helping the staff. Therefore, the Zone 1 rates are now the highest in the state. Period.

Understanding the Variable DA (VDA)

Now the new wage plan includes a Variable Dearness Allowance (VDA) for the first time. Actually, this means your salary will change automatically when prices rise.

Inflation ProtectionFirst, the labor department tracks the cost of essential goods like oil and grains. Next, they adjust the VDA part of your salary to match these price shifts. Thus, you no longer have to wait years for a tiny pay raise. Furthermore, this new system brings more fairness to the entire industrial sector. Specifically, it helps workers maintain their buying power even when inflation is high. Therefore, your total “take-home” pay will stay relevant to the current market. Period.

Rules for Employers and Factories

Now the state government has sent a clear message to all factory owners and industries. Actually, every employer must follow these new rates from the first day of April.

Strict ImplementationFirst, all 74 scheduled types of work must adopt these interim rates immediately. Next, the government is watching for any “underpayment” in industrial zones. Thus, failure to pay the new minimum wage can lead to legal action against the firm. Additionally, the rules apply equally to both men and women for the same work. Moreover, companies must also ensure timely overtime and bonus payments. Consequently, the labor department aims to create a very stable and fair work environment.

Frequently Asked Questions

Q: Is the ₹20,000 minimum wage claim true?Now, the government has called those social media reports “misleading.” Thus, you should only follow the official rates shown in the table above.

Q: When will the “Permanent” wage be decided?Actually, the current hike is an “interim” relief measure. Therefore, a full Wage Board will meet next month to set the long-term rates.

Q: Do these rules cover migrant workers?Actually, yes. Thus, anyone working in a registered factory or firm in UP is eligible for these new wages.

Q: How do I calculate my daily wage?Since the monthly total covers 26 working days, just divide your monthly rate by 26. Therefore, a Noida unskilled worker earns about ₹526 per day.

The Bottom Line

Now the UP Wage Revision of 2026 marks a new era for industrial labor. While the hike adds costs for owners, it provides a much-needed shield for workers.

Overall, the 3-tier structure makes the pay system more logical and fair. Therefore, make sure you check your next pay slip for the updated April figures. Thus, you can ensure you receive every rupee you deserve. Meanwhile, keep checking our blog for more news on labor laws and state updates! Lastly, we wish all the workers of Uttar Pradesh a very prosperous season ahead!

Better wages. Stronger UP. Period.

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The post UP Minimum Wage Hike: New 3-Tier Salary Rules From April 1 first appeared on Rightsofemployees.com.

Now millions of central government employees have received a major financial update. Specifically, the Centre increased the Dearness Allowance (DA) by 2% today. Indeed, this move brings the total DA rate from 58% to a fresh 60% of the basic salary. Therefore, both serving staff and pensioners will see a boost in their monthly take-home pay. In fact, the government backdated this increase to January 1, 2026. Simple as that.

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DA Hike & Salary Impact: April 2026

Now you can check how this 2% jump changes your monthly bank balance. Actually, the higher rate helps workers manage the rising cost of living in India. In fact, here is the data for the new pay structure.

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Arrears and Payment Timeline

Now the timing of this announcement has brought a mix of relief and debate. Actually, the government usually shares the January hike news earlier in the year.

The Wait for Arrears

First, the notification arrived slightly later than in 2025. Next, because the hike starts from January 1, the government will pay arrears for the past few months. Thus, employees can expect a larger lump sum in their next paycheck. Furthermore, this extra cash helps families meet expenses during the current season. Specifically, the 2% rise adds a few hundred to several thousand rupees depending on your level. Therefore, check your pay slip for the “Arrears” column very soon. Period.

8th Pay Commission: Unions Demand More

Now the small DA hike is not the only thing on the minds of government workers. Actually, employee unions are now pushing for a much larger change under the 8th Pay Commission.

The ₹69,000 Demand

First, the National Council (NC-JCM) submitted a new plan to the government recently. Next, they are asking for a minimum basic pay of ₹69,000 instead of the current ₹18,000. Thus, this would require a “Fitment Factor” of 3.83. Furthermore, the unions want a yearly pay jump of 6% for every worker. Specifically, they also seek to bring back the old pension scheme for everyone. Therefore, while the 2% DA hike is good, all eyes stay on the 8th Pay Commission report. Period.

Gratuity and HRA Reforms

Now the employee unions have included several other major demands in their recent letter. Actually, these changes would reshape how the government pays its staff for years to come.

A Total Pay Overhaul

First, the staff side wants a minimum HRA rate of 30% for everyone. Next, they are seeking two full pay jumps during every promotion. Thus, these small changes would add up to a much larger take-home salary. Additionally, the unions want the government to change how they calculate gratuity at retirement. Moreover, they want a minimum benefit of at least ₹10,000 for every promotion. Consequently, the pressure is mounting on the Centre to act on these requests soon.

Frequently Asked Questions

Q: When will I get my DA arrears?

Now, the government will likely process the arrears in the April or May salary cycle. Thus, you will get the extra pay for January, February, and March at once.

Q: What is the current DA rate in 2026?

Actually, the official rate is now 60% of your basic pay. Therefore, your total salary calculation has just changed.

Q: Will the 8th Pay Commission start soon?

Actually, the government is still reviewing the union’s demands. Thus, we expect more news on the implementation date by late 2026.

Q: Does this hike apply to pensioners?

Since DA and DR (Dearness Relief) move together, all pensioners will also get a 2% increase. Therefore, your monthly pension will grow from this month.

The Bottom Line

Now the DA Hike of April 2026 provides a quick fix for rising prices. While the 2% rise is small, it marks a steady path toward the 60% milestone.

Overall, the real battle lies with the 8th Pay Commission and the ₹69,000 basic pay goal. Therefore, stay tuned to our blog for the latest union meetings and cabinet choices. Thus, you can stay ahead of every financial change. Meanwhile, keep checking your accounts for those sweet arrears! Lastly, we wish all government workers a very happy and stable year!

DA at 60%. New hikes. Period.

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The post DA Hike 2026: Centre Raises Dearness Allowance to 60% first appeared on Rightsofemployees.com.

Now a major shift in Indian payroll has finally arrived. Specifically, the new labour laws became effective on April 1, 2026. Indeed, these reforms change how your monthly pay is calculated. Therefore, while your total CTC stays the same, your in-hand salary might look different. In fact, the government wants to help you save more for your retirement. Simple as that.

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Salary Change Snapshot: ₹6 Lakh CTC

Now you can see exactly how the monthly cash flow shifts. Actually, the law requires your “Basic Pay” to be at least 50% of your total pay. In fact, here is the data for a ₹6 Lakh annual package.

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The New Definition of “Wages”

Now the biggest change is the uniform definition of what counts as a wage. Actually, it simplifies the way companies must split your salary.

The 50% Rule

First, your basic pay, DA, and retention allowance must now make up half of your total pay. Next, if your allowances (like HRA or Bonus) exceed 50%, the extra is added back to your basic pay. Thus, many employees will see their “Basic Pay” component go up significantly. Furthermore, this change is not just a paper move. Specifically, it affects all other benefits that are linked to your basic pay. Therefore, your total social security pool grows larger every month. Period.

Higher EPF and Gratuity Benefits

Now you might wonder why your take-home pay is dropping. Actually, that “lost” money is moving into your long-term savings.

Building Your Future

First, both your EPF and Gratuity are calculated as a percentage of your Basic Pay. Next, because your Basic Pay is now higher, your monthly EPF contribution also increases. Thus, for a ₹6 Lakh CTC, your EPF deduction goes up by about ₹600. Furthermore, your gratuity for one year of service will now be roughly ₹14,423. Specifically, after five years, this total grows to over ₹72,115. Therefore, you are trading a small amount of current cash for a much larger retirement fund. Period.

Expert Advice: Reallocation, Not a Cut

Now tax experts suggest that employees should not view this as a salary cut. Actually, it is a smarter way to manage your total earnings.

Tax Planning Tips

First, your employer’s total cost (CTC) usually stays the same. Next, you can manage the impact through better tax planning. Thus, using Sections 80C and 80D can help you lower your tax bill. Additionally, the new tax regime now offers a higher standard deduction for 2026. Moreover, optimizing your HRA can further protect your income. Consequently, with a little planning, your total financial health will actually improve over time.

Frequently Asked Questions

Q: When did these laws start?

Now, they became effective starting April 1, 2026. Thus, your April salary slip will likely show these changes.

Q: Can I opt out of the 50% Basic Pay rule?

Actually, no. It is a mandatory legal requirement for all companies in India. Therefore, all salary structures must follow this law.

Q: Why did my take-home pay decrease?

Actually, it is because your EPF contribution went up. Thus, more money is going into your provident fund rather than your bank account.

Q: Is this change better for me in the long run?

Since it builds a larger retirement and gratuity pool, most experts say yes. Therefore, it provides better financial security for your old age.

The Bottom Line

Now the New Labour Laws of 2026 focus on your future comfort. While seeing a smaller paycheck is never fun, the long-term gains are significant.

Overall, the shift ensures that every salaried worker builds a solid nest egg. Therefore, make sure to check your new salary slip carefully this month. Thus, you can adjust your personal budget to match your new in-hand pay. Meanwhile, keep checking our blog for more updates on the 8th Pay Commission and tax tips! Lastly, we wish you a very secure financial year ahead!

Save more. Rest easy. Period.

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The post New Labour Laws: How Your ₹6 Lakh CTC Salary Changes first appeared on Rightsofemployees.com.

Now a big change is coming to your bank account. Specifically, new labor reforms started in India on April 1, 2026. Indeed, these rules change how companies calculate your monthly pay. Therefore, your take-home salary might look a bit smaller this month. In fact, the government wants to help you save more for the future. Simple as that.

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Key Changes: New vs. Old Salary Structure

Now you can see how your pay slip will change. Actually, the goal is to boost your long-term social security. In fact, here is the data on the new 50% wage floor.

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The 50% Rule: How Your Pay Changes

Now the law says your “wages” must be at least half of your total pay. Actually, wages now include your basic pay and dearness allowance.

The Math Behind It

First, many firms kept basic pay very low to save on taxes. Next, they gave high allowances like HRA or bonuses. Thus, your EPF and gratuity were also very low. Furthermore, the new rule stops this practice. Specifically, if your allowances are over 50%, the extra must be added back to your basic wage. Therefore, your base for savings becomes much larger. Period.

Big Boost for Gratuity Payments

Now employees on fixed contracts have some very good news. In fact, the waiting time for gratuity has dropped sharply for many.

What is New?

First, fixed-term and contract workers get gratuity after just one year. Next, previously, you had to work for five years to get this. Thus, more workers will now qualify for this exit money. Additionally, because your basic pay is now higher, your final payout will grow. Moreover, experts say some payouts could rise by 66%. Overall, it is a win for those leaving a job after a short stay.

Why Your EPF Savings Will Rise

Now your retirement fund is about to get a major top-up. Actually, this is because EPF is tied directly to your basic wage.

The Long-Term Gain

First, both you and your boss pay 12% into the EPF. Next, if your basic wage goes up, that 12% amount also goes up. Thus, you are saving more money for your old age every month. Furthermore, this might lead to a small drop in your monthly cash. Specifically, it is a trade-off between cash today and safety tomorrow. Therefore, your total wealth over 20 years will be much higher. Period.

Frequently Asked Questions

Q: Will my total CTC (Cost to Company) change?

Now, no. Usually, the total cost stays the same. Thus, only the parts inside the CTC are moved around.

Q: Does the 1-year gratuity rule apply to permanent staff?

Actually, no. For permanent staff, the 5-year rule still stays in place. Therefore, check your contract type today.

Q: When did these rules officially start?

Actually, they were implemented starting April 1, 2026. Thus, your April salary slip will show the new numbers.

Q: Can I opt out of the higher EPF contribution?

Since these are mandatory labor codes, most employees cannot opt out. Therefore, enjoy the extra savings for your future.

The Bottom Line

Now the New Salary Rules of 2026 might feel like a pinch in your pocket. While the take-home pay is lower, your retirement is much safer.

Overall, this is a shift toward better social security for all of India. Therefore, talk to your HR team if you have doubts about your new pay slip. Thus, you can plan your monthly budget with the new numbers. Meanwhile, keep checking our blog for more tax and finance tips. Lastly, stay smart with your money!

Save today. Smile tomorrow. Period.

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The post India’s New 50% Wage Rule: Impact on EPF and Take-Home Pay first appeared on Rightsofemployees.com.

Now the Telangana government has a new plan to help senior citizens. Specifically, the state assembly just passed a very strong law. In fact, it is the Employees Accountability and Monitoring of Parental Support Bill, 2026. Therefore, workers who do not care for their parents will face a pay cut. Indeed, this rule applies to both private and government jobs. Simple as that.

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• The Cut: Up to 15% of your pay or ₹10,000.

• The Target: Private staff, govt staff, and even MLAs.

• The Goal: Send money directly to needy parents.

• The Authority: The District Collector will lead the checks. ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

How the Salary Deduction Works

Now the state wants to make sure parents get money fast. Actually, they will not wait for the worker to help.

The Transfer ProcessFirst, a parent must prove that their child is neglecting them. Next, the District Collector will look at the case. Thus, the official will send an order to the employer. Then, the company must cut the pay of that worker. Finally, the office sends the money to the parent’s bank account. Therefore, the worker cannot stop the payment once it starts. Period.

Who Must Follow This New Law?

Now this law is very broad and covers many people. Indeed, it does not just look at office workers.

The Full ListFirst, every salaried person in the state must follow this rule. Next, the law also covers all MLAs, MPs, and local members. Thus, even top leaders must care for their parents. Furthermore, the bill protects step-parents just like biological ones. Consequently, the state is creating a very wide safety net. Overall, this ensures that no elder person feels alone or poor.

How to File a Complaint

Now the government has a clear path for senior citizens to get justice. In fact, the process is designed to be very fast and fair.

Steps for ParentsFirst, a parent can give a written complaint to the District Collector. Next, the Collector must finish the check within 60 days. Thus, both sides will get a fair hearing during this time. Also, the state will create a new Senior Citizen Commission. After that, a retired High Court judge will lead this body. Therefore, every case will get the right legal eyes.

Why the State Passed This Bill

Now Chief Minister A Revanth Reddy says old laws were too weak. Actually, many people ignore their duty because the courts are slow.

The State’s VisionFirst, the government believes family care is a big duty. Next, the state must stand with parents when children fail them. Thus, this bill turns a social duty into a real legal rule. Moving forward, other states might use this same model. Overall, Telangana wants to set a new trend for social care in India. Therefore, this move marks a huge change in our formal systems.

Frequently Asked Questions

Q: Is the 15% cut the same for everyone?Now, the cut is 15% or ₹10,000. Thus, the law picks the lower amount to keep things fair.

Q: Can I appeal the order?Actually, yes. You can take your case to the new Commission. Therefore, you have a chance to show your side of the story.

Q: Does this cover step-parents too?Yes, the bill explicitly includes step-parents in the rules. Consequently, they get the same level of protection.

Q: What if the employee loses their job?Actually, the deduction only works if there is a salary. Thus, the order would stop if the person is not working.

The Bottom Line

Now the Telangana Parental Support Bill sends a clear warning. While you can choose how to live, you must support your parents.

Overall, the state is using paychecks to fix a social problem. Therefore, every worker should check on their elders today. Thus, you can avoid any legal trouble or pay cuts later. Meanwhile, companies should learn how to manage these new HR orders.

Care for elders. Follow the law. Period.

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The post Telangana Law: 15% Salary Deduction for Neglecting Parents first appeared on Rightsofemployees.com.

Now the Indian Railways has shared great news for its staff this Monday. The Ministry of Railways, led by Ashwini Vaishnaw, officially hiked the Allowance in Lieu of Kilometrage (ALK). Therefore, thousands of running staff across India will see a big boost in their pay. In fact, the government timed this move as a gift for Ram Navami 2026. Simple as that.

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• Effective Date: January 1, 2024 (Backdated)

• Primary Benefit: Higher Kilometrage Allowance & ALK

• Key Trigger: Dearness Allowance (DA) reaching 50%

• Target Group: Railway Running Staff (Loco Pilots & Guards) ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

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The Big Update on ALK Rates

Now the government has finally approved the long-standing demands of railway unions. Specifically, the AIRF and the NFIR fought for this change for months.

The Approval Process First, the Railway Board checked the cost of the hike. Next, they spoke with the Finance Directorate to fix the budget. Thus, the plan went to the Ministry of Finance for final approval. Furthermore, the government wants to help staff before the 8th Central Pay Commission (CPC) starts. Therefore, the financial health of the “backbone of operations” is now a priority. Period.

Why the 50% DA Threshold Matters

Now you might wonder why this hike is happening in 2026. Indeed, it all links back to the Dearness Allowance (DA) hitting a key goal.

The Automatic Trigger First, the current rules say allowances must go up when DA hits 50%. Next, this goal was met back on January 1, 2024. Thus, the Kilometrage Allowance and ALK rates were ready for an update. Also, this change follows the 2016 Pay Rules. Consequently, the backdated payments will bring a large sum to many workers this month.

Who Will Benefit from the Hike?

Now the Ministry explained exactly who will see more money in their bank accounts. Actually, the focus is on the “running staff” who keep the trains moving.

Staff Categories First, Loco Pilots and Assistant Loco Pilots are the main group. Next, Train Managers (the former Guards) will also see the new rates. Thus, the people who move trains across the country are covered. However, the Ministry says other payment rules remain the same. Therefore, only the rate of the allowance has gone up.

Understanding ALK: What is it?

Now we must understand what ALK means in a railway paycheck. In fact, it is a vital part of pay for staff who travel far.

How it Works First, Kilometrage Allowance pays for the actual distance a staff member travels. Next, the ALK applies when staff do work that does not involve moving a train. Thus, it ensures they do not lose money when they are not on a locomotive. Overall, this hike keeps their pay ahead of inflation. Because of this, the mood of the workers has improved today.

Frequently Asked Questions

Q: Is this part of the 8th Pay Commission? Now, this is a fix under current rules. But it helps lead into the 8th Pay Commission. Thus, it creates a better starting point for future pay.

Q: Will I get arrears for 2024 and 2025? Actually, yes. The order starts from January 1, 2024. Therefore, you will get a large back-payment.

Q: Does this apply to office staff? Since this is a “running allowance,” it is for those on active train duty. Thus, office clerks will not see this specific hike.

Q: Why was Ram Navami mentioned? Actually, the government likes to give gifts during big festivals. Therefore, it is a festive win for the railway family.

The Bottom Line

Now the 8th Pay Commission Railway allowance hike is a major win for staff. While we wait for the full CPC, these new rates provide quick help.

Overall, the move shows that the government cares about its running staff. Therefore, employees should check their slips for the new numbers. Thus, you can plan your festival spending with ease. Meanwhile, stay tuned for more 8th Pay Commission news later this year.

Check your pay. Enjoy the gift. Period.

The post 8th Pay Commission: Ram Navami Gift for Railway Employees as Ministry Revises Key Allowance first appeared on Rightsofemployees.com.

Now many young professionals wonder if a Rs 50,000 salary is enough. In 2026, the answer depends entirely on your pin code. According to the latest Numbeo data, living costs have shifted across India’s top metros. Therefore, you must budget with extreme care this Saturday. While some cities offer a comfortable life, others will stretch your wallet to the limit. Simple as that.

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• Average Spend: Rs 27,000–30,000 (Excluding Rent)

• Mumbai Total: Rs 50,000 – Rs 90,000

• Delhi Total: Rs 42,000 – Rs 75,000

• Bengaluru Total: Rs 37,000 – Rs 65,000

• Kolkata Total: Rs 30,000 – Rs 58,000 ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━

Mumbai: The Expensive Dream

Now Mumbai remains the toughest city for a Rs 50,000 earner. In fact, rent alone often consumes over half of your take-home pay.

The Rental Crunch First, a modest 1BHK costs between Rs 20,000 and Rs 30,000. Next, other expenses add another Rs 30,000 to Rs 60,000. Therefore, a single person might spend up to Rs 90,000 monthly. Thus, living alone on a Rs 50,000 salary is nearly impossible here. Meanwhile, most singles choose shared PG options to survive. Indeed, the financial pressure in the Maximum City is higher than ever this March.

Delhi: Moderate Metro Costs

Now Delhi offers a slightly better balance for young earners. While prices are high, you have more choices for affordable living.

Living Expenses First, 1BHK rents range from Rs 15,000 to Rs 25,000. Next, groceries and utilities cost between Rs 27,000 and Rs 50,000. Therefore, your total monthly spend could reach Rs 75,000. However, you can save more by cooking at home. Thus, a Rs 50,000 salary covers the basics but leaves little for luxury. Plus, public transport like the Metro helps keep travel costs down.

Bengaluru: The IT Hub Reality

Now Bengaluru sits in the middle of the cost spectrum. Because of the IT boom, certain areas are very expensive.

Budget Breakdown First, expect to pay Rs 12,000 to Rs 20,000 for a 1BHK. Next, monthly expenses average around Rs 25,000 to Rs 45,000. Therefore, the total cost stays within Rs 37,000 to Rs 65,000. Thus, a Rs 50,000 salary is manageable if you live near your office. Also, the city’s vibrant food scene offers many budget-friendly options. Consequently, many techies find a sweet spot here in 2026.

Kolkata: The Most Affordable Metro

Now Kolkata remains the champion of affordability among major Indian cities. Indeed, your money goes much further here.

Low Barrier to Entry First, you can find a 1BHK for as low as Rs 10,000. Next, general living costs stay between Rs 20,000 and Rs 40,000. Therefore, your total monthly bill might be just Rs 30,000. Thus, a Rs 50,000 salary actually allows for some savings and leisure. Also, shared flats can reduce these costs even further. Because of this, Kolkata is an excellent choice for remote workers.

Major Expense Categories in 2026

Now we should look at where the money actually goes. Understanding these categories is the first step to saving.

The Big Four

1. Groceries: Home-cooked meals save roughly 40% compared to ordering in.

2. Utilities: This includes electricity, high-speed internet, and water.

3. Transport: Public transport remains the only way to stay within budget.

4. Leisure: Occasional dining out is possible, but frequent partying is not.

Therefore, you must prioritize your needs over your wants. Otherwise, you will run out of cash by the third week. Period.

Budgeting Tips on a Rs 50,000 Salary

Now saving money in a metro city requires a strict strategy. You must be proactive about every rupee.

Strategic Moves First, consider shared housing to slash your rent by half. Next, master the art of meal prepping. This avoids the “convenience tax” of food apps. Also, track your utility use carefully. Thus, you avoid shock bills at the end of the month. Furthermore, use public buses or the metro whenever possible. Therefore, you can keep your transport costs under Rs 3,000. Indeed, small changes lead to big savings.

Frequently Asked Questions

Q: Can I live alone in Mumbai on Rs 50,000? Now, it is very difficult. Rent for a 1BHK will take most of your salary. Thus, sharing an apartment is highly recommended.

Q: Which city is best for savings in 2026? Actually, Kolkata offers the highest savings potential. Because of the low rent and cheap food, you can save nearly 40% of your pay.

Q: Does Rs 50,000 include taxes? Usually, this refers to your “in-hand” take-home pay. Therefore, ensure you check your CTC breakdown before moving.

Q: Is public transport reliable in all these cities? Since 2026, most metros have expanded their rail networks. Thus, you can rely on them to save money.

The Bottom Line

Now a Rs 50,000 salary in 2026 provides a modest life. But it does not allow for a “luxury” lifestyle in top metros. In fact, Mumbai and Delhi will test your discipline every day.

However, you can thrive if you manage your rent and food wisely. Therefore, choose your city and neighborhood based on your financial goals. Thus, you can build a stable future while enjoying urban life. Meanwhile, watch for local inflation trends this April.

Plan your move. Budget today. Period.

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The post Rs 50,000 Salary in India: City-Wise Living Cost 2026 first appeared on Rightsofemployees.com.

Now the 8th Pay Commission talks hit a peak today. Millions of workers wait for news this Saturday. The main focus is the DA calculation. Currently, the state reviews pay for 2026. Therefore, you must know the 8th Pay Commission DA formula. It affects your bank balance. Simple as that.

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At a Glance:

• Starts: Jan 1, 2026

• DA Status: Hits 60% soon

• Fitment Factor: 1.9 to 2.8

• Min Salary: Rs 36,000 target

• Key Body: Led by Justice Ranjana Desai

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Why the DA Formula Matters

Now DA is a cost-of-living tool. It protects your pay from high prices.

How it Works

First, the state revises DA twice a year. Next, they use the price index (AICPI-IW). Thus, as prices rise, your pay grows. Therefore, the 8th Pay Commission DA formula is vital. Even a small shift adds thousands. Meanwhile, the old formula is ten years old. Thus, a change is likely this March.

Will the Calculation Method Change?

Now no official word exists yet. However, the commission reviews 18 key points. They extended the feedback date to March 31.

Union Demands

First, unions want a better index. They say the old one misses health costs. Therefore, they want a retail-based formula. Next, some suggest a new hybrid model. Thus, the state could save money while helping staff. Still, the Cabinet decides. Period.

The 60% DA Threshold and Reset

Now the data is clear. DA will hit 60% in 2026. This is a big deal

The Merger Process

First, the state merges old DA into basic pay. Next, they reset the DA rate to zero. Therefore, your new base pay is higher. Thus, future hikes apply to a bigger sum. Meanwhile, unions want a 50% merger now. Still, the state waits for 2026.

Fitment Factor: The Salary Multiplier

Now the fitment factor is the real engine. You multiply your current pay by this number.

Projections for 2026

First, the 7th Commission used 2.57. Next, the 8th Commission might use 1.9 to 2.8. However, unions want 3.25.

Minimum Wage Impact

Therefore, a 2.0 factor doubles your pay. Rs 18,000 becomes Rs 36,000. If they use 3.0, it hits Rs 54,000. Thus, the stakes are huge for junior staff. Meanwhile, seniors see big gains too. That’s the power of the multiplier

Impact on Pensioners and Relief

Now don’t forget the 67 lakh pensioners. Dearness Relief (DR) works like DA. Therefore, the 8th Pay Commission DA formula affects retirees too.

Pension Revision

First, the state recalculates pensions using the new factor. Next, they reset DR to zero. Thus, monthly credits will jump. Meanwhile, leaders discuss the Old Pension Scheme. Therefore, 2026 is a big year for seniors. Period.

Timeline and Arrears

Now when will you get the money? The date is Jan 1, 2026. But the rollout takes time.

The Waiting Game

First, the report takes 18 months. Therefore, final approval happens in late 2026. But stay calm. Next, the state pays arrears. Thus, you get a lump sum later. Meanwhile, watch for April news.

Common Questions

Q: Will it start in 2026?

Now, the date is Jan 1. But actual cash comes later with arrears.

Q: Is the DA formula final?

Actually, no. The state is still testing new models.

Q: How much is the hike?

Most expect a 25% total jump. Therefore, check your pay level.

Q: What happens to current DA?

The state merges it into your basic pay. Thus, your total pay stays safe.

The Bottom Line

Now the 8th Pay Commission DA formula is your roadmap. It sets your wealth for years. The state is cautious about the budget. But union pressure is high.

Consultations are key now. Therefore, check the MyGov portal often. Thus, you can plan for 2026. Meanwhile, expect a DA hike news within days.

Wait for the report. Plan now. Period.

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The post 8th Pay Commission: Will DA Formula Change? Impact on Salary & Pension first appeared on Rightsofemployees.com.

So a major salary boost is coming for over 50 lakh central staff and 67 lakh retirees this Holi. The Union Cabinet, led by PM Modi, has moved forward with the 8th Pay Commission. The goal? To refresh the pay, perks, and pensions for all central workers. In fact, fresh data shows that the Dearness Allowance (DA) has now crossed the 60% mark. Plus, this high DA will play a key role in setting the new “fitment factor.”

How Much DA Hike Can You Expect?

But here is the main reason for the buzz. The latest Labour Bureau data for December 2025 shows a steady rise in costs. The CPI-IW reached 148.2 points, which supports a 2% DA hike for the first half of 2026. Consequently, the total DA will hit roughly 60.34%. Moreover, the government will likely round this off to a solid 60% for the next payout.

Previously, under the 7th Pay Commission, the DA started at a much lower base. So, the jump to 60% marks a huge milestone for the 8th CPC. Therefore, your take-home pay will look much better once the new rules take effect.

8th Pay Commission: Key Facts (2026)

Why the DA Hike Matters for the Fitment Factor

Still, many workers ask why a 60% DA is such a big deal. The reason is simple: it decides the new base pay. The plan? To merge a part of the DA into the basic pay when the new commission starts. And, the “fitment factor” uses this total to multiply your current salary. Accordingly, a higher DA today leads to a much larger salary hike tomorrow.

But when will the actual money hit your bank? The Cabinet approved the formation of the 8th CPC back in January 2025. Why? Because the state wants to finish the review before the old cycle ends. Essentially, the team is now checking how to balance the budget with the needs of the staff. Indeed, this Holi gift will bring a smile to many faces across the nation.

Final Update for Pensioners

Then there is the matter of the retirees. Pensioners will also see their monthly checks grow by the same 60% ratio. This helps them manage the rising cost of living and healthcare. Worth noting: The state will release the formal order just before the Holi festival. Ultimately, the 8th Pay Commission will redefine the wealth of central families for the next ten years.

Frequently Asked Questions (FAQs)

What is the expected fitment factor for the 8th Pay Commission? So, most unions are asking for a factor of 3.68. Because of this, the minimum basic pay could jump from ₹18,000 to roughly ₹26,000 or more.

When will the 8th Pay Commission report be out? In fact, the commission usually takes 18 to 24 months to submit its full report. Additionally, the government will then take a few months to implement the changes.

Will the DA be merged into the basic pay? But yes, once the DA crosses 50%, the 8th CPC rules usually suggest a merger. Consequently, this will lead to a fresh start for all other allowances like HRA and Travel Pay.

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• Holi 2026: UP Govt to Pay Salaries Early on Feb 28

The post 8th Pay Commission: 60% DA Hike Gift for Staff this Holi first appeared on Rightsofemployees.com.

So the festival of colors just got a lot brighter for staff in Uttar Pradesh. Chief Minister Yogi Adityanath has ordered that all February salaries be paid early. The goal? To help families with Holi costs. In fact, lakhs of teachers and state workers will get their cash before the holiday starts. Plus, the state has set a firm date to finish the bank work.

February 28 Declared A Working Day

But here is the main part of the plan. Since March 1 is a Sunday, the state had to act fast. Is Saturday a day off? No. The UP government has declared February 28, 2026, a full working day. Consequently, all clerks and bank staff will stay on duty to process the pay files.

Moreover, this rule is not just for top staff. CM Yogi has told officials that every worker must get paid. This includes regular, contract, and even street cleaners. Previously, some workers had to wait until after the holidays for their pay. So this move ensures that no one is left out of the fun. Therefore, you can expect your bank SMS by Saturday night.

UP Holi Pay Schedule: Facts at a Glance (2026)

Strict Orders For The Education Department

Still, the school sector has its own set of strict rules. Monica Rani, the head of school education, sent out a clear note to all districts. The plan? To finish every pay form before the March 2 cutoff. And officials must not let any small paper errors stop the cash flow. Accordingly, even teachers in far-off villages should see their money on time.

But why was this early pay so vital? It is because the Holi holidays cover three full days this year. Why? Because Holika Dahan falls on a Monday and Holi is on Wednesday. Essentially, the banks would have stayed shut during the peak shopping time. Indeed, the Governor gave quick approval to this plan to avoid any stress for the staff.

What Happens If There Is A Delay?

Then there is the matter of “negligence.” CM Yogi has warned that he will not tolerate any faults or delays. The reason? To make sure every home has sweets and colors for the kids. If a district officer fails to pay on time, they might face harsh action from the state.

Worth noting: This move has won a lot of praise on social media. Many see it as a kind act that helps the local economy thrive. Ultimately, the UP government wants a happy and stress-free Holi for its huge workforce.

Frequently Asked Questions (FAQs)

Will contract workers in UP also get early pay for Holi? So yes, the order covers all types of staff. Because of this, regular, outsourced, and contract workers will all get their pay by February 28.

What are the official Holi holidays in UP for 2026? In fact, the holidays fall on March 2, 3, and 4. Additionally, March 1 is a Sunday, which gives most staff a long four-day break.

Is February 28 a compulsory working day for all UP offices? But it is mainly for those who handle funds and bank tasks. Consequently, it ensures that the “Holi Bonanza” hits every bank account without a hitch.

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The post Holi 2026: UP Govt to Pay Salaries Early on Feb 28 first appeared on Rightsofemployees.com.

While you won’t see the revised amount in your bank account tomorrow morning, the “meter” for your new salary and arrears starts ticking now.

Also Read | Career Horoscopes 2026: Zodiac Insights for Workplace Success

1. Will Your Salary Increase Right Away?

The short answer: No. Although the effective date is January 1, 2026, the actual payout usually takes time.

• Arrears: The government typically takes a few months (or even a year) to finalize the exact “Pay Matrix.” However, when the payout begins, you will receive arrears (back-pay) calculated from today.

• Implementation Trend: Historically, Pay Commissions have a 10-year cycle. The 7th CPC was also effective from January 1, 2016, but the final notification came later that year.

2. The “Fitment Factor” Explained

The Fitment Factor is the magic multiplier used to jump from your 7th CPC salary to the 8th CPC level.

• The Current Demand: Employee unions are pushing for a fitment factor of 2.86 to 3.00.

• The Projections: * Conservative: If the factor is 1.92, minimum basic pay rises to ₹34,560.

  • Expert Expectation: Most reports suggest a factor between 2.28 and 2.57.

  • Impact: At a 2.86 factor, the minimum basic salary could leap from ₹18,000 to ₹51,480.

Also Read | Career Horoscopes 2026: Zodiac Insights for Workplace Success

3. Expected 8th Pay Matrix (Levels 1–5)

Note: These are projected figures based on a 2.57x fitment factor.

4. What Changes for Pensioners?

Pensioners are set for a massive boost to restore their “purchasing power.”

• Minimum Pension: The current minimum pension of ₹9,000 is expected to rise to at least ₹20,500–₹25,000.

• DA Merger: There is high speculation that the Dearness Allowance (DA), which has crossed the 50% threshold, will be merged into the basic pay before the new fitment factor is applied….

Also Read | Career Horoscopes 2026: Zodiac Insights for Workplace Success

The post 8th Pay Commission: Big Salary & Pension Reset From January 1, 2026 first appeared on Rightsofemployees.com.

Earlier, CM Yogi Adityanath performed Ganga Aarti on the banks of Sangam. After this, he started a special cleanliness drive. He had lunch with the sanitation workers. During the Maha Kumbh Mela, he felicitated the sanitation workers who maintained the cleanliness system and the medical staff who took care of the health of the people. CM Yogi said on this occasion that this Maha Kumbh Mela was successfully concluded with everyone’s cooperation.

CM Yogi announced

CM Yogi Adityanath on Thursday gave a big gift to the sanitation workers and health workers working in Prayagraj Maha Kumbh. The Chief Minister gave gifts to the sanitation workers and health workers as well as insurance certificates from the Swachh Kumbh Fund. Also, he announced from the stage that any sanitation worker and health worker who participates in the Maha Kumbh mega event will be given an amount of 10 thousand rupees as an additional bonus by the state government.

CM Yogi also announced that the state government is going to form a corporation from April. Through this, the government will provide Rs 16,000 per month to every sanitation worker, health worker and all those workers who were not getting minimum wages. This amount will be sent to their account through DBT.

Along with this, the CM also said that every sanitation worker, health worker will also be linked to health insurance of Rs 5 lakh through Ayushman Bharat or Chief Minister Jan Arogya Yojana. With this announcement of the Chief Minister, the venue echoed with the thunderous applause of sanitation workers and health workers.

will continue to work for welfare

CM Yogi Adityanath said that after organizing the grand and divine Maha Kumbh held from 13 January to 26 February, the entire state government is among you today to congratulate all of you. Sanitation and health workers have a special contribution in making this event grand and divine. Our government promises you that we will continue to work for your welfare in the future as well. He said that when any work is done with team spirit, its results are like this. As we are seeing today in Prayagraj Maha Kumbh. Today you all have proved that if there is even a little will power and the right support is received, then any result can be achieved.

CM Yogi appealed to all the sanitation workers that the cleanliness program has to be presented afresh. A special cleanliness campaign has to be run. Today we have started it. Now all the officers and employees should also join this campaign. Our gratitude should be expressed towards Maa Ganga. CM Yogi said that our cabinet is overwhelmed by honoring you and sharing the meal with you.

Prayagraj is shining as a smart city

CM Yogi said that Prime Minister Narendra Modi had come here on 13 December for the inauguration of Prayagraj Maha Kumbh. He gave a lot of guidance before and during that time as well. All the officials of the Government of India, all the ministries were working together with the UP government to take this event to new heights of success. Every department cooperated fully in this event at its own level. They also supported financially and ensured the rejuvenation of Prayagraj. He said that today, on the pretext of Maha Kumbh, the city of Prayagraj is shining as a smart city.

Presented an excellent example of hospitality

CM Yogi said that whoever came to Prayagraj definitely appreciated two things. One was cleanliness and sanitation workers. The second was the behavior of the police. It seemed as if this was everyone’s own event. The whole family was taking the program forward together. Not only this, the people of Prayagraj also made it their home event. They organized langars at various places, greeted the guests. Forgetting their problems, they became a part of this event.

The CM said that what would be the situation if 7-8 crore people suddenly come to a city where 25 to 30 lakh people live? A house in which five members live, if 10 people suddenly come, the situation becomes bad. Here 20 times more people were coming, but the people of Prayagraj made it their event with full patience and happiness.

CM Yogi said that inspired by Prayagraj, the entire state contributed to this. The people of the state were seen on the route through which the pilgrims and devotees, revered saints went to greet and welcome them. I heartily congratulate the people of the state for the excellent example of hospitality they have set.

Paving the way for spiritual tourism

CM Yogi, while referring to the new possibilities of tourism in the state, said that Maha Kumbh has presented many circuits of spiritual tourism in Uttar Pradesh. A circuit was made from Prayagraj to Kashi via Maa Vindhyavasini Dham. Just as crores of people had gathered in Prayagraj, similarly 5 to 7 lakh people gathered in Maa Vindhyavasini Dham during this period. Similarly, 10 to 15 lakh devotees used to stay in Baba Vishwanath Dham in Kashi in a day. Another circuit was made of Ayodhya Dham and Gorakhpur.

The CM said that during this period, 7 lakh to 12 lakh devotees were visiting Ayodhya Dham every day. From 1st January to 26th February, 2 lakh to 2.5 lakh devotees used to gather in Gorakhpur every day. The third circuit was made from Prayagraj to Lucknow and Naimisharanya via Ringverpur. Lakhs of devotees gathered there.

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The post Salary Hike: Govt announced increase in salary along with bonus for these employees. check details first appeared on Rightsofemployees.com.

There is good news for the government employees of Bihar and UP. The governments of Bihar and Uttar Pradesh are going to give Diwali gifts to their employees. In fact, in view of the upcoming festival, the Bihar and Uttar Pradesh governments have decided to release the salary of the month of October to the employees of their respective states before Diwali.

Bihar government took decision keeping in mind Diwali-Chhath

Anand Kishore, Principal Secretary, Finance Department in Bihar has issued an order saying that as per the instructions of Chief Minister Nitish Kumar and Deputy Chief Minister Samrat Chaudhary, all state employees will be given the salary of the month of October in advance on October 25, 2024.

It has been told that after the instructions of Chief Minister Nitish Kumar and Deputy Chief Minister Samrat Chaudhary, the Bihar government has issued a special order for all the employees of the state keeping in mind Diwali and Chhath festival. With this decision, the employees of the state will be able to celebrate Diwali and Chhath festival happily with their families.

All the employees of Bihar will get their salary on October 25

The Principal Secretary has issued instructions to the Principal Secretary to the Governor, Secretary to the Legislature, Additional Chief Secretary of all departments, Principal Secretary, Secretary, all department heads, all divisional commissioners and District Magistrates to distribute salaries to the employees from October 25. The order states that for the government employees who are retiring or whose service is ending this month, salary payment (excluding monthly salary) will be ensured till the last working day of October.

This decision has been taken under Rule 141 of the Bihar Treasury Code, 2011. All the concerned departments and officers have been instructed to ensure compliance of this order, so that the employees can get the benefit of their salary on time.

Employees and pensioners will get salary on October 30 in UP

At the same time, the Uttar Pradesh government has also decided to pay salaries to its employees and pensioners before Diwali. Additional Chief Secretary Deepak Kumar has said in the order issued that due to the public holidays of Diwali on 31 October, Govardhan Puja on 2 November and Bhai Dooj and Chitra Gupta Jayanti on 3 November, the Governor has approved the payment of salary and pension/family pension for October 2024 to all state employees and aided educational and technical educational institutions, urban local bodies and employees in charge of work and pensioners/family pensioners receiving pension from the treasuries of Uttar Pradesh on 30 October.

The employees of both the states are very happy with this decision. By getting salary on time, they will be able to celebrate festivals in a better way.

Dearness allowance expected to increase in both states

Let us tell you that there is a possibility of increase in dearness allowance (DA Hike) for employees in both the states. The Center has announced a three percent increase in dearness allowance. With this, the rate of dearness allowance payable from July 1 has now increased from 50 percent to 53 percent. After the increase in dearness allowance by the central government, the state governments can also take their decision in this regard soon.

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The post Diwali Advance Salary: Good news for govt employees, salary will come on this date before Diwali first appeared on Rightsofemployees.com.

There are many such features in this new pension scheme, which are expected to benefit the employees greatly. One such feature is the contribution from the government.

Government’s contribution

Under the Integrated Pension Scheme, the employee’s contribution for pension will be 10% of the basic salary and DA. The government will contribute 18.5%. The government contributes 14% to NPS, which has been increased to 18%. In this new pension scheme, provisions have also been made for family pension, guaranteed minimum pension and lump sum payment after retirement. Please note that the employees will have the option to choose between NPS and UPS only once.

How many employees benefit

Let us tell you that in the new scheme, the employee will get pension equal to 50 percent of the average salary of the last year after 25 years of service. Government employees who joined the service after January 2004 are covered under this scheme. 30 lakh central employees are expected to benefit from this scheme and if the state governments implement UPS, then a total of 90 lakh employees will be able to benefit from it.

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How much pension after 10 years of service

The pension will be paid proportionately for a minimum service period of 10 years. The New Pension Scheme also guarantees a minimum pension of Rs 10,000 per month on retirement after a minimum service of 10 years. Employees will be eligible for a lump sum amount in addition to gratuity at the time of retirement.

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The post Govt’s contribution: Now the central government will give 18.5% of your basic salary, check all details first appeared on Rightsofemployees.com.

The Chief Minister is set to announce salary hike for more than seven lakh state government employees during the assembly session.

7th pay commission will be implemented

On the recommendations of the 7th Pay Commission, Karnataka Minister Priyank Kharge said that the 7th Pay Commission was one of the demands of the people and it was also in our manifesto. Yesterday we brought it to the Cabinet and it will benefit about 14 to 15 lakh state employees. The 7th Pay Commission headed by former Chief Secretary K Sudhakar Rao has suggested a 27.5 per cent hike in the basic salary of government employees, which is expected to cost the state exchequer an additional Rs 17,440.15 crore annually.

The salary you get will increase

The decision comes at a time when the Siddaramaiah government was under pressure to approve a salary hike. Notably, the Karnataka State Government Employees Union said it would launch an indefinite strike in August. In March 2023, then chief minister Basavaraj Bommai had given an interim 17 per cent salary hike to employees, to which the Siddaramaiah administration is likely to hike it by 10.5 percentage points, taking the total basic salary hike to 27.5 per cent.

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Earlier on July 15, the Karnataka State Road Transport Corporation (KSRTC) planned to propose a hike in bus fares by up to 20 per cent, citing significant financial losses. KSRTC has incurred a loss of ₹295 crore in the last three months. Mainly due to the Shakti scheme which offers free bus travel for women in Karnataka.

KSRTC chairman SR Srinivas had said that the last time bus ticket prices were hiked was in 2019. It has been five years since then, without any hike. Fares are bound to increase due to the rise in oil prices. It is necessary to adjust the rates to increase salaries and give benefits to employees. He also said that the salary revision for KSRTC employees was done in 2020, while the next revision is scheduled for 2024.

The post 7th Pay Commission: 7 lakh employees of this state will get good news, salary will increase from August 1 first appeared on Rightsofemployees.com.

There is good news for government employees. The central government has received a proposal to form the Eighth Pay Commission before the full budget of 2024. The proposal of the 8th Pay Commission has been sent to the Modi government. So that the Pay Commission can review the basic salary, allowances, pension and other benefits for central government employees and pensioners. The budget will be presented at the end of July. In such a situation, it is expected that the government can talk about the proposal of the 8th Pay Commission in the budget.

Modi government received the proposal of 8th Pay Commission

Shiv Gopal Mishra, Secretary, National Council of Employees’ Side, Joint Consultative Machinery for Central Government Employees, has written a letter to the Cabinet Secretary, urging the government to give priority to the formation of the 8th Pay Commission. A Central Pay Commission is constituted every 10 years. It examines the existing salary structure, allowances and benefits of central government employees, suggests necessary changes based on factors such as inflation.

Government will constitute 8th pay commission

The 7th Pay Commission was introduced by former Prime Minister Manmohan Singh on 28 February 2014. Its recommendations came into effect from 1 January 2016. This will be the first time a new pay commission will be constituted during the tenure of the Modi government. As per the usual ten-year interval, the 8th Central Pay Commission is proposed to begin from 1 January 2026. However, the government has not yet announced its formal formation.

Also Read: Employees Salary Hike: Govt announced to increase the salary of these employees – see details

Hopes tied to return for the third time

With the Lok Sabha elections 2024 over and Prime Minister Narendra Modi returning for the third consecutive term, over 1 crore central government employees are waiting for an update on the 8th Central Pay Commission. Mishra said that while inflation was around 4% to 7% earlier, it has increased to an average of 5.5% after Covid. Mishra said that post-Covid inflation is higher than pre-Covid levels. If we compare the retail prices of essential commodities and items needed for daily life from 2016 to 2023, they have increased by more than 80% according to the local market. Only about 46% of dearness allowance was given till 1/7/2023. It is currently at 50 percent.

Will this be the salary structure?

Mishra has recommended periodic review of the pay matrix instead of waiting for a decade. Now there is a need to change the pay commission in view of inflation. Mishra highlighted that while DA for government employees and pensioners reached 50% from January 1, 2024, no decision has been taken to restore pension under CCS (Pension) Rules, 1972 (now 2021) for those recruited after January 1, 2004. The salary structure of the 8th Pay Commission is also to be discussed.

The post Good news for Govt employees! 8th Pay Commission proposal received, this will be the salary structure first appeared on Rightsofemployees.com.

Due to good performance in the financial year 24, Cosmos Co-operative Bank has decided to give 1 month salary as bonus to its employees. This will benefit 2800 employees of the bank. The bank did a business of Rs 35408 crore till 31 March 2024. This is 15.16 percent more than last year. The bank’s deposit has increased by Rs 2587 crore to Rs 20216 crore.

The bank has a net profit of Rs 384 crore in FY24. In the previous financial year, it was Rs 181 crore. According to TOI, the bank’s chairman Milind Kale has said, “5-6 years ago when the bank was attacked by cyber attack, the morale of the employees was badly hurt. Despite this, the employees handled the operations of the bank. The bank has now come out of difficult circumstances. To honor the efforts of the employees, the board of the bank has decided to give bonuses.”

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New loan products

The bank is issuing new loan products. The bank is coming up with loan options of Rs 20,000-50,000 with repayment tenure of 18-24 months. Apart from this, the bank is planning to invest in technology. The net NPA of the bank was 1.54 percent till March 31. The bank had acquired Sahebrao Deshmukh Co-operative Bank and Maratha Sahakari Bank, despite this, bad loans were kept under control.

No new mergers

The bank has said that it does not plan to do any more mergers at the moment. The bank already has 170 branches. The bank is now working on increasing deposits from Gujarat and South India.

The post Bank Employees salary: Good news! Employees of this bank will get one month extra salary, check details first appeared on Rightsofemployees.com.

Sources said on Thursday that the decision of salary hike will be effective from April 1, 2024, while bonus is also being given to the employees on the basis of performance in the financial year 2023-24. The company has increased the salary by up to Rs 15000. Along with this, an annual bonus of up to Rs 1.8 lakh will be given which will be based on the performance of the employee.

According to sources, Air India’s Chief Human Resources Officer Ravindra Kumar GP announced salary hike and performance bonus to the employees. The airline has around 18,000 employees. However, it was not immediately known what was the extent of this salary hike.

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This is the first salary hike for Air India employees after the control of Air India passed from the government to the Tata Group in January 2022. Last year, only the work of contract restructuring and compensation of old employees was done.

Sources said that apart from the salary hike scheduled for FY 2023-24, the airline has also introduced a component of annual target performance bonus for its pilots based on company and individual performance which will be effective from FY 2024-25.

The post Air India increased the salary of employees by Rs 15000, announced an annual bonus of Rs 180000 first appeared on Rightsofemployees.com.

Let us tell you, after selection on the posts of Assistant Loco Pilot, they are given training, when the training is completed, after that they are posted on the posts of Assistant Loco Pilot. In which ALP employees are first given the responsibility of operating goods trains. Let us know up to how much salary is given to the candidates on these posts.

Let the candidates know that Assistant Loco Pilot is a government post, that is, the candidate will get a government job. In which allowance will be given along with the salary. Railway Recruitment Board (RRB) decides the salary of Assistant Loco Pilot (ALP) as per the guidelines of 7th Pay Commission. In which at salary level 2, the starting basic salary will be Rs 19,900 and monthly in-hand salary will be given from Rs 24000 to Rs 34,000.

Apart from the basic RRB ALP salary, other benefits including Dearness Allowance (DA), House Rent Allowance (HRA), Medical Allowance, Transport Allowance, Pension and Graduation, Leave and Holiday, Insurance Coverage will be given. Candidates planning to appear for RRB ALP exam must have accurate information about the salary to avoid any confusion after the appointment. Let us tell you, through the recruitment drive, a total of 5696 posts of Assistant Loco Pilot will be filled in various areas of Indian Railways Salary Level-2. Candidates will be selected for this recruitment through CBT 1, CBT 2, CBAT, DV, and medical examination.

The salary structure of RRB ALP will be as follows.

Pay Scale – Rs 19,900
Pay Level- Level 2
Grade Pay- Rs 1900
Dearness Allowance (DA) – Rs 10,700 to Rs 11,500
House Rent Allowance (HRA) – Rs 950 to Rs 1020
Transport Allowance – Rs 820 to Rs 900
Night Duty Allowance – Rs 350 to Rs 390
Running Allowance – Rs 6000 to Rs 6300
Gross Pay – Rs 26,000 to Rs 35,000
Net Deduction – Rs 1800 to Rs 1900
Net Salary – Rs 24,000 to Rs 34,000

Know – about the job profile of Assistant Loco Pilot (ALP)

Candidates appointed for the post of Assistant Loco Pilot (ALP) in RRB will have to perform all the duties included in the responsibilities assigned by the senior officers. This includes driving trains from one station to another, carrying out minor repairs on locomotives, inspecting train signals and identifying track related problems, following all instructions given by loco pilots.

The post RRB ALP Salary 2024: Salary structure will be like this, you will get this much money in hand first appeared on Rightsofemployees.com.

According to the survey, the average salary hike in India may be 9.7% in 2024. Whereas, last year it was 9.5%. Vietnam ranks second in the Asia-Pacific region, followed by Indonesia with 6.5% (6.4% last year). Employees in Japan are likely to get the lowest salary increment of 2.5% (2.7% last year).

Navneet Singh, chairman and regional managing director, Korn Ferry, told ET, “India is a shining star in the global economy and its GDP growth is expected to remain ahead of others despite the economic slowdown across the world. Indian companies are still on the path to growth. But there is and still is a shortage of talent.”

The maximum salary will increase in these sectors: This year, the maximum salary increase of about 10 percent is expected in these sectors: Financial Services, Global Capability Center and Product Company, Chemical Industries, Industrial Goods and Retail Industries.

Sectors with the least likely increase in salary: If we talk about the sectors with least likely salary increase, these include IT Services (7.8%), Automotive (9.7%), Construction and Building Material (9.6%), Life Science and Health Care (9.5%). %), Oil & Gas, Utility (9.5%). Talking about other sectors, there is a possibility of 8.7% increase in consumer goods.

The post Salary Hike: Good news for employees! You can get the highest increment in salary this year, see details first appeared on Rightsofemployees.com.

After the implementation of the new rule, there will be an increase in the take home i.e. in hand salary of the employees.

Income Tax Rules: Now a new rule has come for the working people in the country. After its implementation, the inhand salary of the salaried class will increase. This relief news for the employed has come from the Income Tax Department . The Income Tax Department has changed the rules for rent-free accommodation given by the company to its employees. The Central Board of Direct Taxes (CBDT) has issued a notification in this matter.

This will increase the take home salary i.e. in hand salary of the employees. With this, employees will be able to save more. Changes in the rules related to Rent-Free Accommodation have come into effect from September 1.

Valuation will change

According to CBDT, employees, other than central or state government employees, who live in a company-owned house. There has now been a change in their valuation assessment. According to the new rule, where employees are given unfurnished accommodation by the company. The ownership of such accommodation is with the company itself.

Its valuation will now be different. Now in those urban areas whose population is more than 40 lakh as per 2011 census, then HRA will be 10 percent of the salary. Earlier it was equal to 15 percent of the salary in cities with a population of 25 lakh according to the 2001 census.

How will employees benefit?

This is how we understand it in simple language. Suppose an employee is living in a house provided by the company. The calculation for that will now be done under the new formula. The reason for this is that the rate has been reduced. This means that there will be less deduction from the total salary. Due to which the in hand salary of the employees will increase every month. Experts in this matter say that on one hand this will increase the salary of the employees. Their savings will increase. There will be a decrease in government revenue.

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There are 15 lakh employees in the state including regular, contractual, permanent employees and all other cadres. Complaints were coming especially from the districts that salaries are being given on the 5th to the 10th. In the election year, the government took this complaint seriously and gave instructions to the divisional commissioners and collectors.

Guest teachers will be posted in CM Rise schools as well-

There is shortage of teachers in CM Rise schools of the state. This is the reason why guest teachers will be appointed in these schools also. The Tribal Affairs Department has issued instructions in this regard. There is a provision to appoint guest teachers through the Guest Teacher Management System (GFMS).

The department has formed a committee under the supervision of departmental district convenors, wherever there is a problem in the recruitment process through the portal, which will complete the recruitment process. These are the same schools which claim to provide world class facilities.

The posts of more than 50 thousand teachers are vacant in the schools run by the School Education and Tribal Affairs Department. Both the departments also run CM Rise Schools. In which the posts of teachers are not being filled.

Madhya Pradesh announces 4% hike in Dearness Allowance (DA) for state employees-

The Madhya Pradesh government has decided to increase the Dearness Allowance (DA) of state government employees by 4 per cent, which will bring it at par with the DA proposed by the central government. CM Shivraj Singh Chouhan announced to increase DA for state government employees.

The decision to increase the dearness allowance is being seen in connection with the assembly elections to be held in the state at the end of the year. The MP government had also announced to increase the DA for state government employees after the cabinet meeting on March 15. MP Home Minister Narottam Mishra had told that the allowance has been increased with retrospective effect from January 1, 2023.

Decision to give benefit of third time scale pay scale –

The Chief Minister of Madhya Pradesh informed that his government had also decided to give benefit of third time scale pay scale (third time scale pay scale) to the state government employees who completed 30 years of service in 2014. He further said that the state government has also decided that all those who have completed 35 years of service by July 1, 2023, will also be given the benefit of the fourth time scale pay scale.

Dearness Allowance/Dearness Relief Increase –

The order states that due to this DA hike, the arrears of Dearness Allowance from January to June will be paid in three installments. The CM said that under the sixth pay scale, all the employees of Madhya Pradesh state government would also see a proportionate increase in their dearness allowance.

In the video message, the CM said-

Our government has always been an employee friendly government. We have taken several revolutionary decisions in the interest of the employees. Recently, I had announced that we will give dearness allowance at par with that of the Center to the state employees, in the same sequence, we have decided to give 42% dearness allowance at par with that of the Center from January itself. From January to June 2023, the arrears of dearness allowance will be given in 3 equal installments.

All those employees who are getting the sixth pay scale, their dearness allowance will also be increased proportionately. We had also decided in 2014 to give 3rd time scale pay scale to our employees who have completed 30 years of service. Now we have also decided that all those who have completed 35 years of service by July 1, 2023, will be given the fourth time scale pay scale.

Electoral equations also dominate –

Elections will be held for 230 assembly seats in Madhya Pradesh by the end of the year. In the 2018 assembly elections, the Congress emerged as the single largest party with 114 seats and formed the government in the state, while the BJP came second with 109 seats. However, the Kamal Nath-led Congress government fell in March 2020 following a rebellion by MLAs loyal to Jyotiraditya Scindia. Scindia and his supporters later joined the BJP, bringing the saffron party back to its stronghold once again.

These states have announced-

The Odisha government also announced a 4 percent increase in DA for its 7.5 lakh employees and pensioners with retrospective effect from January 23. The DA for Odisha government employees has now been increased to 42 per cent and will be reflected in the June salary. Last month, the Congress-led government in Karnataka also increased the DA for its employees by 4 per cent with retrospective effect from January 1, 2023. DA in Karnataka has been increased from 31 percent to 35 percent.

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According to ET’s report, these two state budgets have announced bonuses for government employees ahead of the budget announcements for 2023-24. Apart from this, many welfare schemes have also been introduced. The Chhattisgarh government has announced an increase in the salary and pension of the employees and allowances. At the same time, the Rajasthan government has also announced an increase in pension.

Chhattisgarh government increased DA again

On the second day of the monsoon session of the Chhattisgarh Legislative Assembly, Chief Minister Bhupesh Baghel, along with announcing several measures ranging from dearness allowance to government employees, turned the opposition’s plan to encircle the government. Bhupesh Baghel announced several measures worth Rs 2,000 crore. Along with this, Baghel announced a 4 percent increase in dearness allowance. This is the second hike within a month. Earlier, during the cabinet meeting, a 5 percent increase was made. Now five lakh employees of this state will get dearness allowance at par with the central government employees.

Salary of contract employees also increased

Apart from this, Bhupesh Baghel announced a 27 per cent increase in the salaries of 37,000 contract workers, which would cost the state government an additional Rs 350 crore. Among other announcements of Baghel, there is a monthly increase of 4,000 in the salary of daily wage earners, which will put an additional burden of 240 crores on the government. There will be a monthly salary of 2,000 for 1,650 guest teachers, which will cost Rs 4 crore.

Increased allowance of these people

Apart from this, an increase of Rs 5,500 in monthly resource allowance for Patwaris, Rs 8,000 annual allowance for police constables, Rs 2,500 to Rs 3,000 per month hike has been announced for all trainers, block level employees and help desk operators and 10,000 panchayat secretaries. At the same time, under the Chief Minister’s Special Health Assistance Scheme, the maximum financial assistance has been increased from Rs 20 lakh to Rs 25 lakh.

Rajasthan government increased pension

The Rajasthan government introduced the Rajasthan Minimum Guaranteed Income Bill 2023 in the assembly earlier this week. Chief Minister Ashok Gehlot introduced a bill, under which even after completing 100 days of work, he can work for 25 more days under the Mahatma Gandhi National Rural Employment Guarantee Scheme. If the state government is unable to provide employment, it will compulsorily give unemployment allowance.

Apart from this, the right to social security pension has been announced for every person falling in the category of old age, disabled, widow, single woman pension by 15 percent annually on the base rate in two installments, that is, there will be an increase of 5 percent in July and 10 percent in January in every financial year.

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Let us tell you that according to the ‘Future of Pay’ report 2023 for the financial year 2022-23, the average salary in India will increase by 10.2 percent in 2023. This is less than the actual increment of 10.4 per cent in the last financial year 2022.

There will be the highest salary hike in these sectors –

The top three sectors with the highest estimated salary hike this year are related to technology. In the year 2023, the highest salary increase of 12.5 percent is estimated in the e-commerce sector. On the other hand, an average salary hike of 11.9 per cent is expected in the professional services sector. At number three is the IT sector facing retrenchment at the global level, in which a salary hike of 10.8 percent has been estimated.

Job path will open here –

According to a report, in the year 2023, India is expected to get more jobs in the financial technology sector along with renewable energy, e-commerce, digital services, healthcare, telecommunications, educational services, retail and logistics. In these sectors, it is expected to open new avenues for jobs this year. This is a news of hope for the employees affected by layoffs in different sectors.

There will be more demand for these skills-

At present, due to more emphasis on digitalization and technical things, there is going to be a huge demand for high skilled labor work in the technology sector. According to the report, the demand for workers with technical skills like AI, ML and cloud computing will be high this year.

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With the increase of 4 percent in the dearness allowance to the state employees, the government will give the arrears of allowance for 6 months from January till now in 3 installments. More than 7 lakh employees of the state will get benefited. Let us tell you that by the end of this year, assembly elections are to be held in Madhya Pradesh.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan said on Friday that his government, like the Centre, will give 42 per cent dearness allowance (DA) to its employees with retrospective effect from January 1. Till now the government was giving 38 per cent dearness allowance to the employees, but now with a 4 per cent increase, the total dearness allowance will be 42 per cent. This will increase the salary of the employees.

The Chief Minister said in a tweet that we have taken many revolutionary steps in the interest of the employees. Now, we have decided to give 42 per cent DA like the Center from January. Officials said that more than seven lakh government employees will be benefited by increasing the dearness allowance.

The dearness allowance hike has been implemented from January. Therefore, the outstanding dearness allowance of 6 months will be given to the employees in three instalments. The Chief Minister said that under the sixth pay scale, all employees will also see a proportionate increase in DA. The CM said that the employees who have completed 35 years of service till July 1 this year, will be given a pay scale hike for the fourth time.

The decision to increase the allowance in view of the elections

has been taken by the BJP government of Madhya Pradesh to increase the dearness allowance of the employees at a time when all the legislative elections are round the corner. In view of the elections to be held by the end of the year, the Congress has promised to give the benefits of the old pension scheme to the employees if they win the elections.

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Explain that the government pays DA to the employees to help them deal with the ever-increasing prices due to high inflation. The new rates of DA hike for employees of the Public Enterprises Department are effective from July 1, 2023.

These are the new revised rates of DA:

According to the new rates, dearness allowance will be 701.9 per cent i.e. Rs 15,428 for employees getting basic salary up to Rs 3,500 per month. On the other hand, for employees getting basic salary between Rs 3,501 to Rs 6,500 per month, the dearness allowance will be 526.4 per cent, which will be a minimum of Rs 24,567. For employees getting basic salary above Rs 6,500 and up to Rs 9,500, the dearness allowance rate will be 421.1 per cent of the salary, subject to a minimum of Rs 34,216.

New rates will be considered applicable from July 1.

After this increase, if the amount of DA goes above 50 paise, then it will be considered as Re 1 and if it is less then it will be considered as zero. We can understand this in this way that if DA is Rs 150.75 then it will be considered as Rs 151 and if it is Rs 150.45 then it will be considered as Rs 150 only. The new rates of DA for employees will be applicable from July 1, 2023 and under the old system Rs 2 will be considered for every point. DA of Rs 16215.75 will be given for the executive of AICPI.

How is dearness allowance calculated?

The calculation of dearness allowance for central government employees is done on the basis of multiplying the current rate of DA and basic salary. Its formula is {Average of last 12 months All India Consumer Price Index (Base Year-2001=100-115.76/115.76}X100. Similarly for Central Public Sector Employees, DA is calculated {(All India Consumer Price Index for last 3 months Average of India Consumer Price Index (Base year -2001 =100) is calculated as -126.33)/126.33} x 100.

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With the increase in sales in the auto sector, the major auto makers who are making profits have started giving gifts to their employees in the form of salary hikes. Sales of Maruti Suzuki, Tata Motors, Hyundai Motor India and Hero MotoCorp have increased. These companies are increasing the salary of their employees by an average of 10% to 16%. Let us tell you that in the financial year 2023, passenger vehicle sales in the domestic market increased by 27% to a record 3.89 million units as compared to a year ago. Two-wheeler sales have also increased in double digits to 15.9 million.

With the best efforts of the employees, Maruti Suzuki has performed well in FY2023. Maruti Suzuki executive board member and HR Rajesh Uppal said that 1 lakh crore has been recorded as the highest ever turnover. Uppal told ET that ‘Our sales of 19.66 lakh units have been the highest ever. The company recognizes the efforts of the employees and is rewarding their good work in the form of a salary hike.

The country’s largest carmaker Maruti has given an average salary hike of 14-15% this year. This includes merit enhancement, market improvement and promotion benefits. This is more than last year. The company has also given bonus according to the business performance of the previous financial year.

Hyundai Motor India has increased the salary of the employees by 13-16%. The company’s AVP and vertical head HR, Charles JS Walter, told ET, “This hike is one of the best in the industry.” A

Hero MotoCorp spokesperson said the salary hike this year has been higher than last year’s. That moving forward with a focus on performance, our annual compensation review process has led to industry best pay hikes in FY 2023. The valuations at

Tata Motors are at par with the industry. Sources said the company has taken various performance-linked measures for employees. Bonus has also been given along with the salary increase on a separate basis. At the same time, Mahindra & Mahindra is ready to increase the salary of its employees from August 2023. Sources said that the increase is likely to be at par with other automakers.

According to Deloitte’s report, employees of Automotive Original Equipment Manufacturers (OEM) have received an average salary increase of 10.2% in 2023. This is the highest growth in the manufacturing sector. Deloitte India Director Nilesh Gupta said that the average salary hike in the auto sector has been recorded at more than 9.1%.

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The government has announced about advance salary. This announcement has been made by the Rajasthan government. The Ashok Gehlot government has taken this important decision after increasing the dearness allowance and promotion of the employees.

The new system has been implemented from June 1. Rajasthan has become the first state to implement the new system, before that no state in the country had offered advance salary to government employees. State employees will be able to take half of their salary in advance under this arrangement.

Will be able to take Rs 20,000 in advance

The Rajasthan government has said that under this a maximum payment of Rs 20,000 will be made at one go. To give this benefit to the government employees, the Finance Department has tied up with a non-banking finance company and in the coming times, a deal will be made with some more banks and financial institutions.

If the employee chooses to withdraw his salary before 21st of any month, the salary will be deducted from the current month’s pay. In addition, no interest will be charged from the employees on the advance salary drawn by them, but charges will be levied on transactions relating to lenders.

How to get advance salary

To avail the benefits of Advance Salary Scheme, Rajasthan Government employees have to register themselves with IFMS 3.0 using their SSO ID. At the same time, consent will have to be submitted to the financial institutions. Rajasthan Government employees can also visit their financial service provider’s websites and submit their undertaking on the online portal. After this the employees have to return to the IFMS website and give consent through One Time Password (OTP).

Significantly, the new scheme of the Rajasthan government has come as a step by the Congress government to restore the old pension scheme (OPS) in the state. At the same time, it is also being seen as a special step in view of the elections.

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At the same time, in some cities of India, people are being given jobs by giving more salary. This includes cities like Mumbai, Bangalore, Chennai and Delhi. People in these cities have been hired by giving more salary this year.

According to the Jobs and Salary Primer Report for FY 2022-2023 released by TeamLease Services, among all cities, Bengaluru has registered an impressive salary growth rate of 7.79 per cent over the previous year. In contrast, banking, financial services and insurance have registered a steep decline in average salaries after two years. Although many favorable efforts have been made to increase the salary.

The new report states that India is set to record a salary hike of between 3.20 per cent and 10.19 per cent across multiple industries in 2023, which is slightly slower than last year. The salary structure of permanent and temporary jobs has also been discussed in the report. In addition, the growth of organizations and their focus on digital transformation has led to an increase in jobs related to sales and IT roles.

‘Hot Jobs’ in FY 2023

It has been said in the report that many industries have indicated “hot jobs” in the year 2023 . These jobs offer high salary. Although almost half of the industries are developing new positions, which is good for the future. The report states that there has been a 10.19 per cent increase in the role of relationship manager in the telecom sector in Bengaluru. This is a job with a high salary increase.

Salary of entertainment sector employees also increased

The role of media and entertainment sector employees has also increased. An increase of 9.3 percent has been seen in this job. The average salary increase in this sector has been 8.03 per cent, while the maximum increase of 10.19 per cent has been less than last year.

Salary has increased so much in the last five years

Despite the decline in salaries last year, there has been an impressive increase in the average salary increase over five years. The highest increase of 20.46 per cent has been observed in the healthcare sector and 51.83 per cent in education. At the same time, salaries have declined in industries such as hospitality, automobile and allied industries, e-commerce and tech start-ups, and media and entertainment.

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Even before this, many airlines have died in the domestic market. After the latest case, there has also been a threat to the employment of thousands of people. On the other hand, there have been such job offers to people in the same aviation industries, which are like making a dream come true.

Will have to work only 75 hours

Five digit salary i.e. salary of more than one lakh rupees every month is considered very good. Now if you get more than 7 lakh rupees as salary every month and what is more interesting you have to work for only 75 hours in a month, what better example of a dream come true than this! And this work has been done by the domestic airline SpiceJet.

These benefits along with higher salary

SpiceJet, an airline company providing affordable aviation services, announced on Tuesday an increase in the salary of its pilots (captains). The airline said it will now pay its pilots a monthly salary of Rs 7.5 lakh for 75 flying hours. Apart from this, the airline has also announced an award for pilots, which will be linked to showing loyalty to work.

Laddoos in both the hands of the employees

Apart from pilots, the company has also increased the salaries of instructors and first officers. The airline said in a statement that the monthly salary of the pilots is being increased to Rs 7.5 lakh for 75 flying hours. This increase has come into effect from May 16, 2023. Earlier, in November 2022, the airline had increased the salary of its pilots to Rs 7 lakh for a monthly flight of 80 hours. This means that on the one hand the company has increased the money, while the flight ie working hours have been reduced.

Ajay Singh announced

SpiceJet has increased the salary of its employees like pilots, trainers and first officers on its 18th anniversary. On this occasion, the company’s chairman Ajay Singh told the employees that SpiceJet has decided to revive those planes, which are currently grounded. For this, the company will use the money received from the ECLGS scheme and the amount of $ 50 million received from the internal account.

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However, it is expected to be announced by September. The dearness allowance of government employees is increased every six months. Due to increase in DA in proportion to inflation, there is a good increase in salary. The salary of the employees increases on the basis of fitment factor, appraisal. Salary will automatically increase as the fitment factor increases. The news is that there is going to be a tremendous increase in the basic salary of the employees without fitment factor and appraisal.

Salary will increase due to merger in DA Basic

The 7th Pay Commission was implemented by the government in 2016. At that time dearness allowance was made zero. Due to zero DA, the previous dearness allowance of the employees was added to the basic salary. Now this situation is going to happen once again. With this, the minimum basic salary of the employees will increase from Rs 18000 to Rs 27000. The basic will increase due to the merger of the dearness allowance with the basic salary.

Long wait for salary revision

It is written in the memorandum of the year 2016 that it will be reduced to zero when the dearness allowance (DA) is 50 percent. That is, the dearness allowance that is being received now is 42 percent. After zero it will start from 1 percent, 2 percent. Actually, as soon as there is 50 percent dearness allowance (DA Hike), it will be added to the basic salary. Due to this, the employees do not have to wait long for salary revision.

By how much will the salary of the employees increase?

Presently, there is a basic salary of Rs.18000 in Pay Band Level-1. At present, dearness allowance of Rs 7560 is available on this. But, on 50 percent dearness allowance, this amount will increase to Rs.9000. The rule is that when there is 50 percent DA, it will be reduced to zero by mixing it with the basic salary. That is, the current basic salary of Rs 18000 will increase to Rs 27000. After this, the dearness allowance will be calculated on the basic salary of Rs.27000.

When will the basic salary increase?

At present, central employees are getting salary according to 42 percent dearness allowance. Based on the revision of July 2023, it will increase by 4 percent to 46 percent. After this, if dearness allowance increases by 4 percent even in January 2024, then it will become 50 percent. If it is 50%, the dearness allowance will become zero from January 2024 itself. That is, from July 2024, the employees will get the benefit of increased basic salary and on the basis of this they will also get DA.

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The kind of discussions that are going on in the country regarding the National Pension System, meanwhile, speculations are being made that the government may soon implement the Eighth Pay Commission across the country. Modi Government can soon give green signal to the 8th Pay Commission. Eighth Pay Commission is to be constituted in this year i.e. 2023 itself.

The recommendations of the new pay commission are applicable after 10 years.

Let us tell you that the 7th Pay Commission was formed in the year 2013 and it was implemented in the year 2016, after which there was a huge increase in the salary of the central employees. Now once again the government employees are going to have fun. Let us tell you that the recommendations of the new pay commission are implemented after every 10 years.

Good news can be received before the Lok Sabha elections, according to the information received from the sources, the Central Government may soon announce the 8th Pay Commission. Lok Sabha elections are to be held across the country next year, so before that the government is planning to give a big gift to the employees.

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Now the minimum basic salary is Rs 18,000.

At present, the minimum salary of central employees ranges from Rs 18,000 to Rs 56,900 per month. After the implementation of the new pay commission, the minimum salary of the employees will increase. Along with this, the fitment factor in the Pay Commission report may also increase.

The union will talk to the government

It is being told by the Central Employees Union that the union will soon talk to the government regarding the demand for the 8th Pay Commission. At the same time, a memorandum will also be submitted to the government for this. If the government refuses to accept the demands, the union may consider an agitation, in which central employees as well as ex-pensioners may participate.

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But the Modi government can also give a big gift to the central employees after the budget. It is expected that there may be a change in the fitment factor of the salary of government employees. Actually the fitment factor is a common value, which is multiplied by the basic pay of the employees. This is how their salary is calculated. With this increase, the minimum salary of the employees will increase from Rs 18 thousand to Rs 26 thousand.

At present, the common fitment factor is 2.57 percent. That is, if an employee is getting Rs 15,500 as basic pay, then his salary will be Rs 15,500*2.57 or Rs 39,835. The Sixth CPC has advocated for the fitment ratio to remain at 1.86 per cent.

It was said in the reports, there is a demand from the government of the employees that the fitment factor should be increased to 3.68 percent. With this, the salary of the employees will increase from Rs 18,000 to Rs 26,000. For many years, the employee unions have been demanding an increase in the fitment factor from the government. He argues that even after the increase in DA, there should be an increase in the basic salary because the salary increases on this basis.

Government changed these rules

Recently, the Finance Ministry had changed the rules related to HRA i.e. House Rent Allowance of central employees. It was said in the new rules that in some cases government employees will not get HRA. In the first rule, it was said that if the employee shares the government accommodation given to another employee, then he will not get HRA.

Even if someone has allotted a house to the family members of the employee i.e. parents, son-daughter, then also this facility cannot be availed. This includes Central and State Government, LIC, Nationalized Bank, Public Sector Undertaking, Semi-Government Organization.

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New Delhi. SpiceJet has given a bumper gift to its pilots ahead of Diwali. The airline has announced to double the monthly salary of the pilots while making changes in the salary structure. Let us inform that SpiceJet has increased its monthly remuneration by about 55 percent to Rs 7 lakh for 80 hours of flight. The hike in salary will be implemented from November 1. After the latest hike, the salary of a Captain in SpiceJet will be higher as compared to his pre-Covid salary.

The salary of Trainer and Senior First Officer has also been increased “proportionately”. Earlier, SpiceJet employees had claimed that there was a delay in disbursement of salaries of employees including flight crew for the month of July and many were yet to receive Form 16 for the financial year 2021-22 as well.

SpiceJet, which is continuously increasing

the salary, said that it is continuously increasing the basic pay of the pilots. Compared to August, the salary for September was increased by 10 percent for trainers and 8 percent for captains and first officers. There has been a further increase of 22 percent in the salary of Captains and First Officers from October. According to the information, the airline has received the first installment of funds under the loan guarantee scheme from the government, after which it has decided to increase the salary of a class of its pilots.

80 members were sent on leave The airline had sent 80 crew members on leave without pay for the next three months in the month of September. Apart from this, the Directorate General of Civil Aviation (DGCA) has extended the restriction of 50 percent flights on SpiceJet till 29 October. Airline sources had said on September 2 that the airline was likely to receive around Rs 225 crore under the government’s Emergency Credit Facility Guarantee Scheme (ECLGS).

SpiceJet’s head of flight operations Captain Gurcharan Arora said in the information that the airline has got approval for loan under the ECLGS scheme of the central government. Its first installment has been received. However, he did not mention the amount received in the first installment.

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Delhi Deputy Chief Minister Manish Sisodio gave this information on Wednesday. Manish Sisodia said, the increase in minimum wage will give relief to the employees during inflation. The decision to revise the monthly salary has come before Diwali and will be applicable from October 1. The government had earlier increased the minimum wage in May.

What did Deputy CM Manish Sisodia say?

The increase in minimum wages will provide relief to the working class suffering from the adverse effects of inflation. Manish Sisodia said and claimed that the Delhi government pays the highest minimum wages to laborers in the country.

The Deputy CM further said, this step will benefit unskilled, semi-skilled, skilled and other workers in all scheduled employment categories of the Delhi government. He said that this would also benefit clerical and supervisory jobs.

The minimum wage for clerical and supervisory jobs has also been increased. The Deputy Chief Minister said that people working on minimum wages in the unorganized sector should also get the benefit of dearness allowance, which is usually given to state and central government employees.

Manish Sisodia said, Delhi government is revising dearness allowance every six months to give relief from dearness to all the employees. Food inflation rose to 8.60% in September 2022 as compared to 7.62% in August. 

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Actually, the fitment factor is considered to have an important role in deciding the basic salary of central employees. In the 7th Pay Commission, the salary of central employees is determined by the fitment factor. Due to this factor, the salary of central employees is two and a half times. increases by more than . Based on the fitment factor, the revised basic pay is calculated from the old basic pay. Fitment factor is an important recommendation in the last Pay Commission report, on this basis the increment will be decided.

According to recent media reports, in the festival season starting from September, central employees can be given the benefit of fitment factor along with the new DA, although there is no official confirmation or statement from the government yet, but reports It is believed that a draft will also be prepared for this, which will soon be shared with the Central Government. After discussing in detail in the meeting of the same union and government, it can be decided on this in September.

At present, the fitment factor is being given to the employees under 2.57 percent and it can be increased to 3.68 percent in the coming time. If agreed, then this will increase the basic salary by 8000 and the basic salary will increase from 18000 to 26000 . Last time in 2017 the entry level basic pay was increased from Rs 7000 to Rs 18000 per month. With its implementation, the minimum salary of central employees from Level Matrix 1 will start from Rs 26,000.

For example, at present the fitment factor of central employees is 2.57 times, on this basis the minimum basic salary is Rs 18000 and the maximum basic salary is Rs 56900. If the basic salary of a central employee is Rs 18,000, then his salary excluding allowances will be 18,000 X 2.57 = profit of Rs 46,260. On being 3.68, the salary will be Rs 95,680 (26000 X 3.68 = 95,680) i.e. Rs 49,420 will be benefited in the salary.

The post Employees Salary Increased: There will be an increase in the salary of employees this month, know how much benefit you will get first appeared on Rightsofemployees.com.

But your employer hasn’t rolled out the offer yet.

The negotiations of your salary are pending.

Understandably, you’re more nervous than ever because the whole world is at a halt.

People are being laid off by several companies around the world.

Numerous organizations are facing hefty losses in business.

Cost-cutting is something you’re hearing over and over again everywhere.

So how should you negotiate your salary at a sensitive time like this?

Don’t worry. We got you!

Here are 7 things you can do to make sure you have a solid case for the salary you deserve.

Let’s get cracking!

1. Give solid references

Getting a new job during the COVID-19 pandemic means you must’ve got it remotely.

In a situation like this, especially for employers who generally hire face to face, the trust may be a big issue.

For the same reason, they may not be willing to offer you the salary you want or deserve.

To remedy this problem, you should provide credible references. We generally tend to give out references of the co-workers who we had a close relationship with. Employees who would say only good stuff about us.

Also Read: RBI lifts ban on Salary of Bandhan Bank MD, know what is the whole matter

But if you want the salary or hike you deserve, you need to ensure that the references you give are highly credible.

Give references for your direct manager or supervisor.

Another great way to gain the trust of your new employers is by providing a reference for the last company’s HR.

This can establish a sense of trust as you’re not afraid to hand out the number of your HR without being asked. Generally, people don’t give out HR’s contact as one of their references as they may expose you.

But in a situation like this… you might as well take the chance. And if your record is clear with your previous company then there’s no need to worry anyway.

2. Build your LinkedIn profile

This is crucial.

During a pandemic when it’s very hard to have a face to face discussion with your new employer, make sure your LinkedIn profile is up to date with no discrepancies.

Almost every organization checks your LinkedIn regardless of a pandemic.

However, during the COVID-19 period, you can be assured that your LinkedIn will be scanned thoroughly.

If your employer finds any mismatch of information from your resume and LinkedIn, it will be a huge red flag.

So, make sure you have your LinkedIn up to date with correct information. This will again make a solid case of your genuinity.

3. Make a flawless portfolio of your work

Not every designation or profession requires a portfolio of work.

However, if you want a hike on your salary, it’s better to showcase your worth visually.

Prepare a brief portfolio of work. Include what you have achieved in your career so far, things you achieved in your previous company etc.

So, for instance, if you’re a backend developer and you’ve worked on a product, showcase it with screenshots or links.

Add a brief description of what was your role in the project and what you achieved.

This will surely help you gain recognition in your employer’s eyes.

4. Have a genuine reason prepared for your switch

Nobody wants to switch their jobs at a time when the whole world is shut socially.

So, you should have a genuine reason for your switch. This can make or break your salary negotiation.

Your everyday reasons such as “I didn’t get along with my manager” won’t cut it. Reasons like that or similar will only give out the impression that you are not trustworthy.

So make sure you have a solid reason for your switch and make it clear while negotiating your salary.

5. Showcase your productivity of working from home

If you have switched jobs during COVID-19, you must be working from home for your last employer.

Now, the HR may try to cut your salary hike by giving an excuse of working from home. They may say that they’ll give you a raise once you join the office physically etc.

But this where you need to be firm and assure them that you’re as good as when working from home as you’re at the office.

You can always use your last few weeks that you’ve worked for your last employer to back it up.

Make sure you stay firm and assertive to put this point across.

6. Don’t be a victim of this crisis

Just because we all are in a pandemic, doesn’t mean you need to settle for less.

Many companies would try to take advantage of this while negotiating salaries.

If they play the victim card… don’t fall for it!

If they can hire you, they can very well pay the salary you deserve. Always remember that!

7. Know your worth

And at last, know your worth!

If you believe that you deserve the salary you want then chances are you do. Stick to your guns but don’t be arrogant.

Assure them that they’ve hired the right person and they can rely on you just like they would’ve during a non-social distancing period.

Assure your employer that you’re the same person whether working from home or working at an office.

Concluding, the above-mentioned points are key areas that you can use to put a solid case forward. Some of the points stated above are the same tactics which your employer may use to negotiate your salary.

So, is it not better that you leave no room for error?

If you are a little more careful than usual, assure your employer of your skills and worth, you will get the salary you want and deserve!

Good luck!

P.s. Stay home. Stay safe!

The post How to Negotiate Salary of Your New Job During COVID-19 Pandemic first appeared on Rightsofemployees.com.

new Delhi. RBI ( Reserve Bank Of India ) removed the lifting curbs on pay, managing director and CEO of the bond bank (Bandhan Bank MD And CEO Salary) . It has been decided to remove the restriction on Salary of MD and CEO after the bank’s stake in the promoter (Bandhan Bank Promoter) is reduced below 40 per cent as per central bank norms.

The action was taken in 2018, the
RBI in September 2018 directed to freeze the salary of the bank’s MD and CEO by imposing various restrictions on Bandhan Bank. Bandhan Bank was banned in various ways due to non-compliance with RBI’s licensing rules for new private sector banks. As per the licensing guidelines, the Non-Operating Financial Holding Company (NOFHC) is required to bring its additional stake to 40 per cent of the paid-up voting equity capital of the bank.

Also Read: Rights of Employees & Employers during Coronavirus Pandemic

Ban
lifted In a regulatory filing, the bank said on Monday that the RBI, through its communication dated August 17, 2020, has also lifted the ban on freezing the salaries of the bank’s MD and CEO. Bandhan Bank has said that with this recent decision of the central bank, all kinds of regulatory restrictions imposed on the bank on September 19, 2018 have been removed. The news has come to light after Bandhan Financial Holdings Limited reduced its stake to 20.95 per cent through a block deal earlier this month. Following the deal, the company holds a 40 percent stake in the bank.

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COVID-19 is still prevalent in many countries around the globe, and it seems to have a long-lasting impact on economies of many nations. In the wake of COVID-19 lockdown there are number of employment-related issues faced by both employees and employers. Everyone is interested to safeguard their economic interests. There are many questions about what are the rights and obligations of employers and employees during the time of this lockdown and social distancing. Read on to know more. 

Salaries during Coronavirus Pandemic

An often asked question during this time is, whether employers have a continued obligation to pay salaries or not. As per government, if an employer can afford to pay salaries at the same rate they’ve been doing before lockdown, then they should do so. However, it is also true that for most employers it will be not viable to continue paying salaries because of the nature of the industry. In this case, it is advisable for both parties to decide mutually and come up with a solution. However, any reduction in salaries has to be as per minimum guarantees provided under the law. But as per latest development, some states are looking to suspend minimum pay legislation to help companies recover coronavirus losses. More clarity on this is expected to come in a couple of days.

Also Read: What to do if employer does not pay salary on time

Like we said, it depends on the kind of industry. If an organization can continue rendering services and its employers can work from home, then this way both parties will have to bear losses.

Termination during Coronavirus Pandemic

As mentioned above, termination or layoffs should be avoided as much as possible. And it is advisable to mutually decide the course of action. However, in extreme circumstances employers are permitted to terminate employees. But in order to do so, they would need to follow the mandates provided by law for these actions. 

Insurance Obligations during Covid-19

In the wake of COVID-19 situation, the government has extended the contribution period towards Employees State Insurance or ESI. From March, 2020, a relaxation has been given by government that instead of the usual 15 days’ time period for depositing the ESI Contributions, a more relaxed time period of 45 days is provided. Also, employees have been assured that they will be able to use their Insurance entitlements, even if the illness or death has happened due to COVID-19. The Life Insurance Council of India (LIC), by a press release, has confirmed that all COVID-19 related death claims shall be honored. Similarly, the government has also stated clearly that employees shall be entitled to use their ESI Contribution entitlements for illness or death caused due to COVID-19.

Work from Home option during Coronavirus Pandemic

Following the spread of epidemic, to ensure social distancing norms – all commercial and industrial establishments which are not engaged in giving essential services were instructed to be closed. However, wherever possible employers have a right to ask employees to Work from Home. But remote working environments has their own risks. Employers may end up giving personal access to the Confidential Data and Trade-related secrets of the company. Hence it goes without saying that all clauses of maintaining confidentiality of company data would be strictly applied to all employees who are working from home.

It goes without saying that during this difficult time, as a moral obligation, we all should do whatever is in the favor of humanity and working ethics. We will keep you posted with latest developments of government in this regards.

Hope we Answered Rights of Employees & Employers during Coronavirus Pandemic

Read About : IndiGo announces salary cuts for top management from May amid coronavirus lockdown

The post Rights of Employees & Employers during Coronavirus Pandemic first appeared on Rightsofemployees.com.

What to do if employer does not pay salary on time:

Employer must pay interest if salary is delayed: HC

The employer must pay a reasonable interest if a payment, due to the employee, is made late, the Bombay High Court has held.

Whether the service contract of the employee provides for payment of interest is immaterial, said the division bench of Justices Anoop Mohta and C L Pangarkar.

Petitioner Yuvraj N Rodye was working with the Maharashtra State Electricity Board since 1975.

In 1989, Royde became entitled for arrears of salary from August 1975 onwards.

However, for no justifiable reason, the payment was delayed. It was only in September 1994 that he was told to collect his dues.

He received the amount, but applied for getting interest for the period of delay.

It is quite common in India for employers to deny salary to employees, especially at the time of firing them. They think that employee’s have no options or the resources to pursue a case against an employer. In reality, there are several things an employee can do that can land an employer in real trouble. However, the knowledge regarding the same is not available in public domain and lawyer’s advice come costly.

There are several legal process that can be followed by an employee to recover salary or wages. The first step that we recommend is sending a good notice from a credible lawyer  who has a track record of doing such matters. However, before we tell you more about that, let us get you introduced to some basic concepts in Indian labour laws that deal with the issues of non-payment of wages or salary.

India has an entire law on payment of salary called Payment of Wages Act, though it does not apply to all levels of employees. It usually applies to low-wage blue caller workers.

Let’s see what the Payment of Wages Act has to say in this matter.

Section 4 of the payment of wages Act states – 

Fixation of wage period every person responsible for the payment of wages under Section 3 shall fix periods in respect of which such wages shall be payable. No wage period shall exceed one month.

Monthly Salary Distribution Requirements:

• A person is working in an establishment with a wage not more than one thousand, the wage to the particular person shall be paid before the expiry of the seventh day.
• A person with the wage of more than one thousand shall be paid before the expiry of the tenth day.
• If the employee is terminated by the employer the wages earned by him shall be paid before the expiry of the second working day from the day his employment is terminated.

What steps can be taken by employee:

If your employer is not paying your salary, you can get these remedies.

A) Approach Labour Commissioner:

If an employer doesn’t pay up your salary, you can approach the labour commissioner. They will help you to reconcile this matter and if no solution is reached labour commissioner will hand over this matter to the court whereby a case against your employer may be pursued.

B) Industrial Dispute Act:

• An employee can file a suit under Section 33(c) of Industrial Dispute Act, 1947 recovery of money due from an employer.
• When the salary is due from the employer, the employee himself or any other person authorized by him in writing on his behalf can claim recover money.
• In case of the employee death, the authorized person or heirs make an application to the labour court for recovery of money due.
• The court will further issue a certificate on being satisfied that the salary is due and the collector shall proceed to recover the same.
• If any question arises as to the amount of money due or as to the amount at which such benefit should be computed, it would be computed according to rules under this Act.

You may also Like : How to Sue an Employer for Wrongful Termination ?

Labour Court Time Line:

Cases have to be decided by such labour court within period not exceeding Three Months provided that where the presiding officer of a labour court considers it necessary or expedient so to do, he may for reasons to be recorded in writing, extend such period by such further period as may he think fit. These are few things on What to do if employer does not pay salary on time

What about executives, managers and those who earn above INR 18,000 a month?

If you are manager or executive level employee, you can file a case against the company in the civil court under order 37 of Court of civil procedure. This is faster than the usual slow procedure in civil courts, called a summary suit. It is quite effective, but should not be pursued as a first resort. There are easier things at your disposal as well. Out of 100 cases, maybe 5-7 requires such effort. However, many lawyers are quick to jump to this. Before opting for this, ask your lawyer to exhaust other means.

What if company is not paying with a fraudulent or dishonest intent?

If an employee is affected by the company’s fraudulent activities, then he may seek some strong actions.

The following remedies would be available in such cases:

Employer Fraud Punishment:

• Section 447 of Companies Act, 2013 lays down punishment for fraud.
• Person shall be liable for imprisonment not less than 6 months which may extend to 10 years.
• Fine not less than amount involved in fraud which may extend upto three times of the fraud amount.
• Subsequent measures can be taken under Section 447 of the Act.
• An employee can also file a criminal case against the company under Indian Penal Code.

First Step To recover unpaid salary

Step 1: We strongly recommend sending a legal notice enumerating all the actions that you may take from a credible lawyer. Before going to a lawyer, ensure that they have some track record in doing such work.

Step 2: If this does not work, approaching police for a cheating case, where there is enough evidence for such fraud, is critical. At this stage, it is important to prepare a detailed case file to give to police, and your lawyer should assist you in this. A majority of such complaints are not accepted due to weak drafting and lack of prima facie evidence. This is where a good lawyer can make a lot of difference.

Step 3: Where criminal case is not an option, or does not produce results, we recommend going for a summary suit or labour court, as the case may be. In our experience of handling such matters in large numbers, we can say that not more than 10% of such disputes need to go to this stage if the matter was handled well in earlier stages. Challenge is that lawyers are more comfortable and earns more money at this stage, so if they don’t have your interest in mind they might hurry to this stage.

Important things to keep in mind when you are trying to recover your unpaid salary

The notice is a very important psychological tool, and getting the salary in less time is a psychological game. If the employer understands the consequences quickly, he will settle before you need to go to court, which keeps costs low as well. However, only a few lawyers do this kind of work because it may not be very profitable for them.

There are many cases in India where employer does not pay salary for a month or couple of months and easily get away with the same. A good example is of Kingfisher Airlines. When it shut down its operations, many workers were not paid their dues.

Hope we were able to answer the question What to do if employer does not pay salary on time

Complete story : Employer must pay interest if salary is delayed: Bombay HC

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Where to access PF statement from
At the end of the financial year, the employer shares the PF statement with the employees after receiving them from the Employees’ Provident Fund Organisation (EPFO). Even employees of un-exempted organisations can view it by accessing www.epfindia.com or by clicking here. For employees of exempted organisations, the PF statement is made available by the employer generally though the company’s Intranet. The provident fund for the former is managed by a private trust while the latter is managed by the EPFO itself.

Here are few important things that are shown in a PF statement:

Basic details: The PF statement carries the name and address of the establishment along with the establishment ID. You will also find details such as the name of the employee, date of birth, date of joining the organisation, and so on.

PF Account number: The first thing to check on your PF statement is your PF number. For an un-exempted organisation, the PF number is an alphanumeric representing the state, regional office, establishment, and the PF member code. The PF account number is represented differently for exempted organisation and is completely numeric.

Here’s a sample PF number (un-exempted organisation) and what it shows:
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Sample PF number: MH BAN 0057885 000 0000691

* MH represents the state, i.e., Maharashtra

* BAN represents the regional office, i.e., Bandra

* The next 7 numbers, i.e., 0057885 represents the establishment ID

* The next 3 numbers are establishment extension ID. It can be 000 if no extension is provided.

* The last 7 numbers, i.e., 0000691 represents the member (employee) ID.

UAN number: Unlike the PF account number that is generated every time the employee joins a new organisation, universal account number (UAN) is a unique 12 digit number and is mandatory for all employees to have it. All PF numbers, i.e., member IDs will get linked to the UAN. On switching jobs, furnish the UAN to your new employer which helps in managing the PF account better.

Opening balance: The statement will show the opening balance under both the employee – employer columns. The opening balance represents the total of contributions (employee and employer columns) plus the interest earned in the previous financial year.

Monthly contributions: The PF statement/passbook will show the break-up of employee’s and the employer’s month-wise contribution in rupees. The portion that goes towards EPS (Employees’ Pension Scheme) is also shown separately. Even though both employee and employer contribute 12 percent equally, the contributions are not same. Click
here to know why.

Voluntary Provident Fund: An employee is allowed to contribute more than the mandatory 12 percent towards PF, which is shown under the ‘Voluntary Provident Fund’ column. The employee’s voluntary contributions are shown separately. Remember, the employer is not supposed to match VPF contribution and thus may show no figure.

Interest: The interest earned on the employee’s and the employer’s contributions are credited to the PF account once a year. The interest earned is calculated on the monthly running balances in the account. The PF statement will carry the interest rate on which the calculations are based upon as declared by the government.

Withdrawals: Any withdrawals that you have made during the year will also be shown and accounted for accordingly. Click here to know, under which circumstances one can ask for an advance from the EPFO.

Closing balance: The closing balance will represent the total of employee contributions plus interest earned and the total of employer contributions plus interest earned. Such balances will become the opening balance for the next financial year.

epf withdrwal rules

The post How to Check Your PF Statement first appeared on Rightsofemployees.com.

So what’s the best way to draft salary structures?  To answer this, we’ve put together a table of the common components that make up a salary.  We’ve also added recommended amounts to each component that should assist you in drafting an ideal salary structure.

*Note 1: The PF Employer Contribution also bears additional administrative charges
*Note 2: Feel free to use components like Child Hostel and Child Education; since they are small, we have ignored in our structure

For higher income employees:

• You can use Mobile, Driver Salary, Books and Periodicals and Car Maintenance
• You can set these amounts based on what you think the expenses of that employee would be, keeping in mind the exemption limits for Driver’s Salary and Car Maintenance.

Structuring Salaries is an inevitable task for every HR and Payroll professional. Despite the importance of the activity, professionals are often uninformed of the technical and best practices of a drafting a complete and efficient salary structure.

1) Basic Salary + Dearness allowance

The Basic component is the primary component and the core of the salary structure.  It is usually the largest component of the CTC making up for 40-45% of the total CTC.   The basic plays an important role in defining the salary as other components like Provident Fund, Gratuity and ESIC are dependent on it.

Dearness Allowance (DA) was introduced as part of the salary as a means to reduce the burden of inflation on salaried employees.  This amount is usually set to about 5% of the total CTC and like the Basic component it also has an effect on PF, ESIC etc.

You should keep the following in mind while setting the amounts for Basic and DA:

1. If it’s too high, it will increase the tax liability of the employee since this component is fully taxable. It also affects the liability of the employer since higher contributions would be required for PF, ESIC etc.
2. If it’s too low, then you may not be able to meet the minimum wage norms set by the respective state government. Since minimum wages are updated regularly, you would run the risk of falling below the recommended wage limit.

2) House Rent Allowance (HRA)

The House Rent Allowance, as the name suggests is a component that employees can leverage if they are living in rented accommodations.  The amount that you can claim as tax deduction under HRA cannot be more than 50% of your basic in a metro or 40% of your basic in a non-metro.  Hence, depending on where your workplace is located, this salary component will usually be set at 40% or 50% of the basic salary.

1. When Should Employee declare the amount to get Tax benefit
   At the beginning of new financial year along with your other tax saving plans (like LIC,PPF, Loan , etc), before 25th April’ 2018 employees need to declare their details with their employer for FY 2018-2019.
2. When should Employee submit actual proof to HR     
   
   Usually by the end of the financial year employees need to submit their tax saving documents with their concern HR. Resigned Employee : At the time of Exit employee should ensure to provide their actual tax saving proofs to concern HR before the FnF settlement gets finalised or else excess tax will be recovered from the settlement amount.

3) Leave travel allowance (LTA)

Leave travel allowance (LTA) remunerates employees for their travel within the country.  This component is widely used by employers due to the tax benefits associated with it.  An employee can claim tax benefits for the fare expenses paid for his/her family when they take a holiday.  However, there are restrictions to what you can claim as tax benefits:

1. Only fare expenses are covered: Only the travel fare expenses can be claimed. Stay and food on your trip aren’t covered.
2. Travel must be within India: If you travel to a foreign country, the expenses aren’t tax deductible.  Only travel within the country is covered.
3. What counts as family: Immediate family that are mainly dependant on the employee are covered under LTA.
4. When Should Employee declare the amount to get Tax benefit
   At the beginning of new financial year along with your other tax saving plans (like LIC,PPF, Loan , etc), before 25th April’ 2018 employees need to declare their details under ‘Tax Declaration’ tab enter the Tax Saving Plans for FY 2018-2019.
5. When should Employee submit actual proof to HR 

Usually by the end of the financial year employees need to submit their tax saving documents with their concern HR.Resigned Employee : At the time of Exit employee should ensure to provide their actual tax saving proofs to concern HR before the FnF settlement gets finalised or else excess tax will be recovered from the settlement amount.

4) Conveyance Allowance

Note: With the introduction of standard deduction, exemption on Conveyance allowance has been removed effective April 2018 onwards. Employees don’t need to collect or submit any Conveyance proof.

5) Medical Allowance

Note: With the introduction of standard deduction, exemption on Medical allowance has been removed effective April 2018 onwards. Employees don’t need to collect or submit any Medical proof.

6) Child Education Allowance

This component is paid out towards tuition fees of employees’ children and is tax deductible up to Rs. 100 every month for a maximum of two children. Hence, this amount is usually set to not more than Rs. 2,400 a year for an employee.

1. When Should Employee declare the amount to get Tax benefit
   Provide the count of children to your concern HR, for availing tax benefit on Education Allowance.
2. When should Employee submit actual proof to HR
   Usually by 15th January’ 2019 employees need to submit their tax saving documents with their concern HR.

Resigned Employee : At the time of Exit employee should ensure to provide their actual tax saving proofs to concern HR before the FnF settlement gets finalised or else excess tax will be recovered from the settlement amount.

7) Special Allowance

Special allowance is the balancing component of the salary structure.  It is usually used by organisation as the leftover of the CTC when the rest of the components have been paid out.  This component is fully taxable and is also taken into account for the calculation of Provident Fund.

Deductions:

Deductions are elements of the salary that are part of the CTC but are deducted from the in-hand salary that employees receive. Let’s take a deeper look at some of the most common salary deductions and what they mean.

1) Provident Fund

Provident Fund (PF) is calculated at 12% of Basic + DA + Special Allowance.  The employer and the employee both make an equal contribution of 12% each.  This is applicable to companies who have 20 or more employees on their payroll.   If an employee’s Basic + DA + Special Allowance are less than Rs. 15,000 then it is mandatory for Provident Fund to be deducted.  Other employees can opt out by filling form 11 or can choose to have PF deducted on the ceiling of Rs. 15,000 which would be Rs. 1,800 monthly.

2) Employees State Insurance Corporation (ESIC)

Deductions towards ESIC are mandatory for employees whose gross salary is not more than Rs. 21,000.  It is only applicable in companies where there are 20 or more employees within the Rs.21,000 gross salary bracket.  Employees have to make a contribution of 1.75% of the gross salary and employers have to make a contribution of 4.75% of the gross salary.

3) Professional Tax

Professional tax is the tax levied by Governments of certain states on salaried employees. The states where professional tax is applicable are Karnataka, Bihar, West Bengal, Andhra Pradesh, Telangana, Maharashtra, Tamil Nadu, Gujarat, Assam, Chhattisgarh, Kerala, Meghalaya, Odisha, Tripura, Madhya Pradesh, and Sikkim.

The amount of profession Tax that is deducted varies from state to state where they are applicable.

4) Labour Welfare Fund

Labour Welfare Fund, as the name suggests, is a contribution made by salaried employees for the benefit of the labour class.  This contribution is applicable in the states of Karnataka, West Bengal, Maharashtra, Andhra Pradesh, Kerala, Goa, Delhi, Punjab, and Haryana & Madhya Pradesh.

The contribution amount varies from state to state and is relatively small. The employer and the employee both make contributions and the employer pays approximately twice the employee contribution. The payments are made semi-annually in the months of June and December.

Like Professional Tax, Labour Welfare Fund contributions also vary from state to state where they are applicable.

The post Salary Structure in India first appeared on Rightsofemployees.com.

To provide social security to more citizens the Government of India has started the National Pension System.

Government of India established Pension Fund Regulatory and Development Authority (PFRDA)– External website that opens in a new window on 10^th October, 2003 to develop and regulate pension sector in the country. The National Pension System (NPS) was launched on 1st January, 2004 with the objective of providing retirement income to all the citizens. NPS aims to institute pension reforms and to inculcate the habit of saving for retirement amongst the citizens.

Initially, NPS was introduced for the new government recruits (except armed forces). With effect from 1^st May, 2009, NPS has been provided for all citizens of the country including the unorganised sector workers on voluntary basis.

Additionally, to encourage people from the unorganised sector to voluntarily save for their retirement the Central Government launched a co-contributory pension scheme, ‘Swavalamban Scheme– External website that opens in a new window‘ in the Union Budget of 2010-11. Under Swavalamban Scheme– External website that opens in a new window, the government will contribute a sum of Rs.1,000 to each eligible NPS subscriber who contributes a minimum of Rs.1,000 and maximum Rs.12,000 per annum. This scheme is presently applicable upto F.Y.2016-17.

NPS offers following important features to help subscriber save for retirement:

• The subscriber will be allotted a unique Permanent Retirement Account Number (PRAN). This unique account number will remain the same for the rest of subscriber’s life. This unique PRAN can be used from any location in India.

PRAN will provide access to two personal accounts:

• • Tier I Account: This is a non-withdrawable account meant for savings for retirement.
  • Tier II Account: This is simply a voluntary savings facility. The subscriber is free to withdraw savings from this account whenever subscriber wishes. No tax benefit is available on this account.

Who can join NPS?

Any individual between the age of 18 and 60 years can open a pension account under NPS through eNPS using one of the following options.

Option 1 – Registration using Aadhaar

✔  You must have an ‘Aadhaar number’ (with a mobile number registered with Aadhaar)

✔  Your KYC in NPS will be done using Aadhaar through One Time Password (OTP) authentication

✔  OTP for the purpose of authentication will be sent to the mobile number registered with the Aadhaar

✔  Your demographic details and photo will be fetched from Aadhaar database and populated in online form

✔  You need to fill up all the mandatory details online

✔  You would be required to upload your scanned signature (in *.jpeg/*.jpg format having file size between 4kb – 12kb) as part of the registration process

✔  In case, you wish to replace the photo obtained from Aadhaar, you may upload a scanned photograph

✔  You will be routed to a payment gateway for making the payment towards your NPS account from Debit/ Credit card or Internet Banking

Option 2 – Registration using PAN (KYC verification by Bank)

✔  You must have a ‘Permanent Account Number’ (PAN)

✔  Bank account with the empanelled Bank for KYC verification for subscriber registration through eNPS

✔  Your KYC verification will be done by the Bank selected by you during the registration process.Name and address provided during registration should match with bank records for KYC verification. If the detail don’t match , the request is liable for rejection.In case of rejection of KYC by the selected Bank, applicant is requested to contact the Bank

✔  You need to fill up all the mandatory details online

✔  You need to upload your scanned photograph and signature in *.jpeg/*.jpg format having file size between 4kb – 12kb

✔  You will be routed to a payment gateway for making the payment towards your NPS account from Internet Banking

  In addition, NRI subscribers should,

✔  Select the Bank Account Status i.e., Non-Repatriable account or Repatriable account

✔  Provide the NRE/NRO bank account details and upload scanned copy of passport

✔  Select the preferred address for communication i.e., Overseas Address or Permanent Address (communication at overseas address would entail extra charges)

After Permanent Retirement Account Number (PRAN) is allotted, subscriber can use one of the following options:

Option 1 – eSign

For Tier I PRANs generated through Aadhaar, you have option to eSign the document by following the below mentioned steps:

✔  Select ‘eSign’ option in the eSign / Print & Courier page

✔  OTP for the purpose of authentication will be sent to your mobile number registered with the Aadhaar

✔  After Authentication of Aadhaar, Registration form will be successfully eSigned

✔  Once a document is eSigned, you need not send the physical copy of form to CRA

✔  eSign charge ₹ 5 plus GST

Option 2 – Print and Courier

✔  Select ‘Print & Courier’ option in the eSign / Print & Courier page

✔  You need to take a printout of the form, paste your photograph (please do not sign across the photograph) & affix signature

✔  You should sign on the block provided for signature

✔  The photograph should not be stapled or clipped to the form

✔  The form should be sent within 90 days from the date of allotment of PRAN to CRA at the following address or else the PRAN will be ‘frozen’ temporarily

• Central Recordkeeping Agency (eNPS)
• NSDL e-Governance Infrastructure Limited,
• 1st Floor, Times Tower,
• Kamala Mills Compound, Senapati Bapat Marg,
• Lower Parel, Mumbai – 400 013

Processing of subsequent contribution:

All existing subscribers (registered through both online and offline mode) can contribute in Tier I & Tier II account using ‘eNPS’. To contribute online, you need to

✔  Have an active Tier I / Tier II account

✔  Authenticate your PRAN using the OTP sent to your registered mobile number

✔  Pay through your Debit / Credit card or use Internet Banking option.

✔  POP Service Charges will be applicable on the contribution amount @ 0.10% (subject to minimum of ₹ 10 and maximum of ₹ 10,000 per transaction). This service charges will not be applicable for subscribers registered in eNPS through Aadhaar

Processing of APY Application:

Any individual between 18 -40 years (39 years 364 days) can initiate opening an Atal Pension Yojana account through eNPS platform using following process:

Registration using Aadhaar

✔  You must have an ‘Aadhaar number’ (with a mobile number registered with Aadhaar)

✔  Select the bank where you have an existing saving bank account

✔  Enter savings bank account number for selected bank

✔  OTP for the purpose of authentication will be sent to the mobile number registered with the Aadhaar

✔  You need to fill up all the mandatory details online

✔  APY PRAN allotment will be subject to verification of details and upload of subscriber registration file by bank.

✔  APY registration through eNPS, first contribution is mandatory. Kindly keep a sufficient balance in your savings bank account to avoid rejection.

eSign the document

Request for APY through Aadhaar, you have to eSign the document by following the below mentioned steps:

✔  Select ‘eSign’ option in the eSign.

✔  OTP for the purpose of authentication will be sent to your mobile number registered with the Aadhaar

✔  After Authentication of Aadhaar, Registration form will be successfully eSigned.

✔  Once a document is eSigned, you need not send the physical copy of form to CRA

✔  eSign charge ₹ 5 plus GST

The post National Pension System first appeared on Rightsofemployees.com.

Filing your income tax return is not as difficult as it may sound. Here is a step by step guide to e-file your income tax return. It is simple, easy and quick

Before we get started, you should have the following documents at hand to pace up the process:


List of Required Documents for e-filing of tax returns

It is always good to stay a step ahead, especially when it comes to tax filing. The checklist provided below will help you to get started with the e-filing of tax returns.

General details:

• Bank account details
• PAN Number

Reporting salary income:

• Rent receipts for claiming HRA
• Form 16
• Pay slips

Reporting House Property income:

• Address of the house property
• Details of the co-owners including their share in the mentioned property and PAN details
• Certificate for home loan interest
• Date when the construction was completed, in case under construction property was purchased
• Name of the tenant and the rental income, in case the property is rented

Reporting capital gains:

• Stock trading statement is required along with purchase details if there are capital gains from selling the shares
• In case a house or property is sold, you must sought sale price, purchase price, details of registration and capital gain details
• Details of mutual fund statement, sale and purchase of equity funds, debt funds, ELSS and SIPs

Reporting other income:

• The income from interest is reported. In case of interest accumulated in savings account, bank account statements are required
• Interest income from tax saving bonds and corporate bonds must be reported
• The income details earned from post office deposit must be reported

STEP 1. Register yourself

To e-file your income tax return, you will have you register on the Income Tax Department’s online tax filing site (incometaxindiaefiling.gov.in). You have to provide your permanent account number (PAN), name and date of birth and choose a password. Your PAN will be your user ID.

STEP 2. Choose how you want to e-file
There are two ways of e-filing your income tax return. One is to go to the download section and select the requisite form, save it on your desktop and fill all the details offline and then upload it back on the site. Or you can choose to fill the form online by selecting the quick e-file option.

STEP 3. Select the requisite form

ITR-1: For individuals earning a salary, pension, or income from property or sources other than lottery.
ITR-2: For those earning capital gains. ITR 2A for those owning more than one house but no capital gains.
ITR 3, 4 and 4S: Professionals and business owners.

STEP 4. Keep the documents ready

Keep your PAN, Form 16, interest statements, TDS certificates, details of investments, insurance and home loans handy. Download Form 26AS, which summarises tax paid against your PAN. You can then validate your tax return with Form 26AS to check your tax liability.

If you earn more than Rs 50 lakh, from this year you will have to fill an additional column —”AL” or assets and liabilities. You will have to disclose the value of your assets and liabilities. Assets have to be declared at cost.

STEP 5. Fill form and upload

If you choose to fill the form offline, after you have downloaded the form and filled all the details, click on ‘generate XML’. Then go to the website again and click on the ‘upload XML’ button. You will have to first log in to upload the XML file saved on desktop and click on submit.

STEP 6. Verify ITR V

On submitting your ITR form, an acknowledgement number is generated. In case the return is submitted using digital signature, you just have to preserve this number. If the return is submitted without a digital signature, an ITR-V is generated and is sent to your registered email ID.

The tax filing process is incomplete and ITR is invalid unless your ITR V is verified. You can electronically verify or mail the signed ITR V to the processing centr ..

The post How to file Income Tax Returns ( ITR )? first appeared on Rightsofemployees.com.

EPF or employee provident fund withdrawal claims above Rs. 10 lakh don’t have to be filed online. Retirement fund body EPFO or Employees’ Provident Fund Organisation has recently revised some of its rules related to provident fund claims.

The EPFO has nearly six crore subscribers and manages a corpus of about Rs. 10 lakh crore. In a circular dated April 13, EPFO said offline claims will also be accepted in all cases. EPFO subscribers have the option of filing online as well as manual claims for provident fund withdrawals.

EPF Withdrawal – New Rules

“In case the amount of claim settlement is above Rs. 10 lacs for PF claims and Rs. 5 lacs in respect of EPS withdrawal claims, the claim form must be accepted through online mode only,” the retirement fund body said in a circular in February. But in the April 13 circular, EPFO said that this rule will be kept in abeyance.

“Considering the grievances raised by members, this stipulation will be kept in abeyance so that offline claims will also be accepted in all cases,” EPFO said in the April 13 circular.

1) For submitting a withdrawal claim online, subscribers have to first log into EPFO’s member interface using UAN credentials.

2) Select the relevant claim by clicking on the ‘Online Services’ tab.

3) EPFO subscribers can track their claim requests online as well. For this, they can click on the Online Services tab and then ‘Track Claim Status’.

Also Read:

• Delay In PF Claim: How To File A Complaint With EPFO
• How to Sue an Employer for Wrongful Termination ?
• Can Companies Force Employees to Serve Notice Period?
• How to Check Your PF Statemen

The post EPF Withdrawal – New Rules first appeared on Rightsofemployees.com.

1. Leave is the right of all employees 

Generally, an employee is given the following leaves during the course of his or her employment:

1. 1. Casual Leave: This is provided to an employee to take care of urgent or unseen matters like a family emergency; for example, employees can apply for casual leave to attend a parent-teacher meeting called for by their child’s school.
2. Sick Leave: Sick leave is provided when an employee gets sick.
3. Privilege or Earned Leave: Privilege or earned leaves are long leaves that are planned for in advance.
4. Other Leaves – Apart from the above mentioned leaves, there are some other paid, unpaid or half-paid leaves which are provided at the discretion of the company. Study leave and bereavement leave are two such examples.

Medical Certificate for one-day sick leave

Usually, when a sick leave exceeds beyond two or three days, depending upon the company policy, employees are requested to submit a medical certificate to sanction the leave. However, in the case of one-day sick leave, an employer should not ask for a medical certificate.

In one of its judgements, the Supreme Court mentioned that an employee will not necessarily seek medical attention if he or she is ill for just a day.

Encashment Leave

An employee can take encashment leave while quitting service, superannuation, discharge, dismissal or death. Leave encashment should be as per average daily wages of an employee.

Leave during notice period

An employee can take leave during notice period, provided it is for a genuine reason like maternity, health issues, etc.

The Delhi High Court, in one of its judgement, said that an employee can take leave during the notice period if nothing is mentioned in the appointment letter which bars the employee from taking leave during the notice period, if he has leave to his credit and is entitled to the same.

2. Protection from sexual harassment at the work place

It is the responsibility of the employer to ensure that his/her employees, especially female employees, are protected while at work. All incidents of sexual harassment – regardless of how big or small they are or who is involved – require employers or managers to respond quickly and appropriately. Just because someone does not object to inappropriate behaviour in the workplace, it does not mean that they are consenting to the behaviour.

The employees are provided with the right to go on a strike without giving a notice, however if the said employee is a public utility employee, then he would be bound by the prohibitions laid down in the Industrial Disputes Act 1947, Section 22(1) lays down certain conditions on Strikes by public utility employees, the conditions includes giving out prior notice to the employer six weeks before going on such strike.

9. Right to Equal Pay for Equal Work

Understanding your rights as an employee is the first step.

The post Rights of Employees first appeared on Rightsofemployees.com.

No adult shall be employed or allowed to work about the business of an establishment for more than nine hours on any day or 48 hours in any week and the occupier shall fix the daily periods of work accordingly.

Provided that during any period of stock taking or making of accounts or any other purpose as may be prescribed, any adult employee may be allowed or required to work for more than the hours fixed in this section, but not exceeding 54 hours in any week subject to the conditions that the aggregate hours so worked shall not exceed 150 hours in a year.

Provided further that advance intimation of at least three days in this respect has been given in the prescribed manner to the Chief Inspector and that any person employed on overtime shall be entitled to remuneration for
such overtime work at twice the rate of his normal remuneration calculated by the hour.

Also Read :

• How to Check Your PF Statement
• Can Companies Force Employees to Serve Notice Period?
• How to Sue an Employer for Wrongful Termination ?

The post Working Hours in Office first appeared on Rightsofemployees.com.

For most employees, House Rent Allowance (HRA) is a common component of their salary structure. Although it is a part of the salary, HRA, unlike basic salary, is not fully taxable. Subject to certain conditions, a part of HRAgets exempted under Section 10 (13A) of the Income-tax Act, 1961.

The amount of HRA exemption is deductible from the total income before arriving at a taxable income. This helps the employee save tax. Remember, the HRA received is fully taxable if an employee is living in his own house or if he does not pay any rent.

Who can avail HRA?
The tax benefit is available only to a salaried individual who has the HRA component as part of his salary structure and is staying in a rented accommodation. Self-employed professionals cannot avail the deduction.

Click here to use our HRA Calculator 

How much is exempted?
The exemption for HRA benefit is the minimum of:
i) Actual HRA received

1. ii) 50% of salary if living in metro cities, or 40% for non-metro cities; and
   iii) Excess of rent paid annually over 10% of annual salaryFor calculation purpose, the salary considered is ‘basic salary’. In case ‘Dearness Allowance (DA)’ (if it forms a part of retirementbenefits) and ‘commission received on the basis of sales turnover’ is applicable, they too are added to compute the minimum HRA exemption available.The tax benefit is available to the person only for the period in which the rented house is occupied.Example of HRA calculation
   Let’s say an individual, with a monthly basic salary of Rs 15,000, receives HRA of Rs 7,000 and pays Rs 8,400 rent for an accommodation in a metro city. The tax rate applicable to the individual is 20 percent of his income.

   To avail HRA benefit, the least of the following amount (yearly) is exempted, rest is taxable:
   i) Actual HRA received = Rs 84,000
   ii) 50% of salary (metro city) = Rs 90,000 (50% of Rs 1,80,000)
   iii) Excess of rent paid annually over 10% of annual salary = Rs 82,800 (Rs 1,00,800 – (10% of Rs 1,80,000))

   It shows that of Rs 84,000 actually received as HRA, Rs 82,800 gets tax exemption and only the balance of Rs 1,200 gets added to the employee’s income, on which a tax of Rs 240 ( 20 per cent slab ) gets payable.

   Documents
   HRA exemptions can be availed only on submission of rent receipts or the rent agreement with the house owner.

   It is mandatory for the employee to report the Pan Card of the ‘landlord’ to the employer if the rent paid is more than Rs 1,00,000 annually.

   Special cases
   There could be special scenarios in claiming HRA tax benefit, such as:

   Paying rent to family members
   The rented premises must not be owned by the person claiming the tax exemption. So if you stay with your parents and pay rent to them then you can claim that for tax deductions as HRA. However, you cannot pay rent to your spouse. As, in the view of the relationship, you are supposed to take the accommodation together. Thus, these transactions can invite the scrutiny from the Income -tax Department.
   
   
   
   Even if you are renting the house from your parents, make sure you have documentary evidence as proof that financial transactions regarding your tenancy takes place between you and your parent. So keep a record of banking transactions and rent receipts because your claim can get rejected by the tax department if they are not convinced by the authenticity of the transactions. Recently, there has been an instance in which the HRA claim of a salaried taxpayer was rejected by the Mumbai income tax appellate tribunal because the claim for HRA did not appear genuine to the tax officials.

   Also Read: For tax relief, you need proof of rent paid to kin

   Also Read: 10 things to do so that HRA claim does not get rejected

   2. Own a house, but staying in a different city
   One can avail the simultaneous benefit of deduction available for the home loan against ‘interest paid’ and ‘principal repayment’ and HRA in case your own home is rented out or you work in another city.

   Individuals who don’t get HRA but pay rent
   There may be some employees who might not have HRA component in their salary structure. Also, a non-salaried individual might be paying rent. For them, Section 80 (GG) of the Income-tax Act offers help.

   An individual paying rent for a furnished/unfurnished accommodation can claim the deduction for the rent paid under Section 80 (GG) of the I-T Act, provided he is not paid HRA as a part of his salary by furnishing Form 10B.

   How much
   The least of the following is available for exemption from tax under Section 80GG:
   (i) Rent paid in excess of 10% of total income
   (ii) 25% of the total of the total income*
   (iii) Rs 5,000 per month

   *Under this section, the total income is calculated as gross total income minus long-term capital gains, the short-term capital where Securities Transaction Tax (STT) has been paid and deductions available under Sections 80C to 80U, except Section 80GG.

   Conditions
   While claiming a tax deduction, one must remember that the individual himself or his/her spouse, or minor child, or as a member of the Hindu Undivided Family (HUF) must not own any accommodation. Also, if the individual owns any residential property at any place and earns rent from it then no deduction is allowed.

   One can avail the simultaneous benefit of deduction available for the home loan against ‘interest paid’ and ‘principal repayment’ and HRA in case your own home is rented out or you work in another city. However, the same is not available in case of Section 80GG.

The post HRA Exemption Rules first appeared on Rightsofemployees.com.

“Ordinary rate of wages” means the basic wages plus such allowances, including the cash equivalent of the advantage accruing through the concessional sale to workers of foodgrains and other articles, as the worker is for the time being entitled to, but does not include a bonus and wages for overtime work.



Where any workers in a factory are paid on a piece-rate basis, the time
rate shall be deemed to be equivalent to the daily average of their full-time
earnings for the days on which they actually worked on the same or identical job
during the month immediately preceding the calendar month during which the
overtime work was done, and such time rates shall be deemed to be the ordinary
rates of wages of those workers.

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The post Payment of Wages Act 1936 first appeared on Rightsofemployees.com.

Details of Amendments and Analysis

The Amendment Act has amended the Principal Act in the following manner:

Amendment of Eligibility Limit

By amending Section 2(13) of the Principal Act, the Amendment Act has now widened the scope of employees eligible for payment of bonus from those drawing salary of INR 10,000 per month, to INR 21,000 per month.

The amendment in the eligibility limit appears to be an initiative which forms a part of the Central Government’s pro-labour policy. Interestingly, the last amendment to the eligibility limit was carried out in the year 2007 and over the past decade, the economy has seen significant reforms. These economic reforms have contributed towards an exponential increase in pay-scales making this amendment to the Principal Act very important to the larger populace of the workforce which earns between INR 10,000 and INR 21,000 per month.

Calculation of Bonus

Taking the demands of the trade unions head on, Section 12 of the Principal Act has been amended to state that where the salary or wage of an employee exceeds INR 7,000 per month or the minimum wage for the scheduled employment, the bonus payable to such employee shall be calculated as if his salary or wage were INR 7,000 per month or the minimum wage for the scheduled employment, whichever is higher.

The Principal Act provided that the bonus payable to an employee shall be in proportion to his/her salary. However, where an employee’s salary was over INR 3,500 per month, for the purposes of calculating bonus, the salary was to be assumed to be INR 3,500 per month. With a view to maximise bonus earnings, the Amendment Act has increased the wage ceiling for calculation to INR 7,000 and has also factored in possibilities where the minimum wage payable to such employees may be over INR 7,000, thereby giving employees the flexibility to draw a higher amount as bonus.

How to calculate bonus liability as an employer?

Your liability depends on a number of factors like:

1. The minimum wages applicable in your state
2. The number of employees with salaries less than Rs. 10,000
3. The number of employees with salaries between Rs. 10,000 – Rs. 21,000
4. The amount of Bonus already paid

We understand that calculating the liability can be a little tricky and we wanted to simplify this process for you.  Hence we’ve created an easy to use calculator that be downloaded by clicking on the link below.

The post Payment Of Bonus (Amendment) Act, 2015 first appeared on Rightsofemployees.com.

What does law say about the pension policy for employees?

In India there is an Act called as The Employees’ Pension Scheme, 1955 which is applicable to all factories and other establishments to which the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 applies. This Scheme is meant for members of the Provident Funds subscribing to Employees’ Provident Fund Scheme, 1952 or any scheme exempted thereunder. The pension policy is introduced as a social policy to the employees to survive their livelihood after the age of retirement. This is a social benefit by which the employees do not need to worry about their sustenance in their later stage of live.

What are the eligibility criteria for availing this facility of pension?

There are two forms of membership availability under the scheme:

• • Membership of the scheme under The Employees’ Pension Scheme, 1955 is compulsory for – All Provident Fund subscribers including those employed in Exempted Establishments contributing to the Employees’ Family Pension Scheme 1971, and – To all new entrants to the Provident Funds Scheme, 1952 from November 16, 1995 onwards, automatically become members of the Employees’ Pension Scheme.

• Membership under the scheme is also available on Optional basis – Existing members of exempted and un-exempted Provident Fund Scheme as on November 15, 1995 who are not members of the Family Pension Scheme, 1971. – Members of the Family Pension Scheme, 1971 who left employment between April 1, 1993 to November 15, 1995 whether they have withdraw their benefits of not. – Beneficiaries of Family Pension Scheme, 1971 who have died on or after April 1, 1993.

What are the benefits available to members under this Scheme?

The benefits that are provided to the members under the Employees’ Pension Scheme, 1995 are:

• Pension Payment for life on Retirement/Superannuation.
• Pension Payment for life on invalidation during employment.
• Lump sum amount payment to the member by way of commutation of Pension upto one third pension amount on optional basis.
• Capital return in option formula basis upon cessation of members pension payment.

What are the benefits available to family members upon death of the member?

The benefits that are provided to the family members upon the death of the member are as follows:

• • Payment of pension to spouse for life or until remarriage.
  • Payment of pension to children (two at a time) till they attain the age of 25 years additionally along with pension payment to spouse. For total and permanently.
  • Orphan Pension to children at higher rate upon cessation of Pension Payment to spouse.
  • To Nominee / Dependant parents for life in case member is unmarried or having no eligible family member.

What are the causes of death that are covered under the scheme for members for eligibility for payment of pension after death?

The scheme covers members death risk unconditionally – irrespective of whether such death occurs:

• While in service.
• Away from employment and not contributing to the fund, or
• After retirement as a pensioner.

Is there a provision facilitating benefits for seasonal or casual employees under the scheme?

 There are following provisions that are specified to facilitate the seasonal or casual employees:

• Employees engaged seasonally in any establishment, the period of “actual service” in any year, notwithstanding that such service is less than a year, shall be treated as full year.
• Pensionable salary will be worked out “Notionally” for full month in the event if drawal of salary for a part of the month.
• Pensionary benefits shall be extended to the members without co-relating compliance by the employer of the establishment

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