Business Standard
Thursday, May 31, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Revised pay structure benefits 0.35 million govt employees in J&K
Press Trust of India / Jammu Apr 25, 2009, 14:53 IST

The revised pay structures announced by the Jammu and Kashmir  government will benefit around 0.35 million employees and 85,000 pensioners in the state at the cost of nearly Rs 1600 crore annually, official sources said today.      

The state government took special permission from the Election Commission to make an announcement in this regard.     

The state government in its April 15 order said the new scales will come into force from July 2009 and pay revision arrears will be admissible from January 1, 2008, sources told PTI here.      

However, payment of arrears is subject to availability of funds and full financing from the Centre, they said.      

J&K is one of the few states which has implemented the sixth Central Pay Commission recommendations, they said.      

Clearing the air on House Rent Allowance (HRA), there is an increase up to 63% on the existing rates in the revised scale.      

In its order, the revised pay scales have also been adopted for employees working in Public Sector Undertakings (PSUs) in the state.      

The upper sealing of gratuity has been enhanced from Rs 3.5 lakh to Rs 10 lakh on the central pattern and the computation of pension has been allowed at 50% of emoluments or average emoluments whichever is more beneficial to the government employees, they said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets post worst May performace since 2006
- Royal Dutch Shell, RPower to set up LNG terminal in AP
- ECB, EU officials warn euro's survival at risk
- Star News to be known as ABP News from tomorrow
- IIT alumni to move court on changes in JEE
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- NDA-led bandh turns violent in Bangalore
- Investors wary as Flipkart shows growth pangs
- Army chief slams BEML on Tatra, awards it Rs 1,500-cr deal
- Kingfisher Airlines Q4 loss more than trebles
- Wealthy clients turned tables on UBS and staff?
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us