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Home FINANCE Employees Advance Salary: Government employees will get advance salary, new system implemented

Employees Advance Salary: Government employees will get advance salary, new system implemented

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Employees Advance Salary: At present, the Ashok Gehlot government of Rajasthan is very kind to the government employees.

After increasing dearness allowance and promotion, now another wonderful gift has been given to the employees by the government. The Rajasthan government has announced that now the employees of the state can also take their salary in advance. The new system has come into effect from June 1. The special thing is that Rajasthan has become the first state in the country to provide advance salary facility. Till now advance salary is not being given in any state of the country.

Employees and officers of the state government will be entitled to take half of their salary in advance. Maximum payment of twenty thousand rupees will be made at one time. This system is going to be implemented from today. For this, the Finance Department has entered into an agreement with a non-banking finance company.

In the coming days, there is a preparation to enter into an agreement with some other financial institutions, in which some banks will also be included. Significantly, elections are going to be held in Rajasthan only after some time. Because of this, the Congress government of the state is making some relief announcement every day.

Will not have to pay interest

The special thing is that the government employee will not have to pay any interest on taking his salary in advance. The financial institution will only recover the transaction charges. Small employees are expected to benefit more from the facility of getting half the salary in advance. Now they will not have to raise money on high interest to meet their needs.

Will not have to tell the reason, the state government has not set any conditions for taking salary in advance. The employee will not even have to explain why he wants the advance. The employee has to request for advance payment of salary on the IFMS portal. By doing this, the next month’s salary bill will be generated.

The advance amount will be deducted from the salary of the subsequent month. Advance can be requested anytime on the portal, day or night. Advance salary will also be started in those PSUs (public sector undertakings) who give consent.

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