An Organisation for the welfare of postal employees

Thursday, September 16, 2010

Clarification on purchase of Air tickets in connection with tours/ LTC

Ministry of Finance, vide OM No: 19024/1/2009-E IV dated 16.09.2010 has issued clarification with regard to purchase of air tickets through authorized agents and relaxation of travel by airlines other than private airlines.

For details of the order, click below: http://http://finmin.nic.in/the_ministry/dept_expenditure/notification/tour_ltc/Guideline_airtravel_16sept2010.pdf

Cabinet clears 10% hike in dearness allowance of Central Government Employees

Around 8.8 million central government employees and pensioners came in for a double, pre-festive bonanza with the government raising their dearness allowance by 10% on Thursday, a day after hiking the interest rate on the provident fund by 100 basis points.
By this, the additional enhanced Dearness Allowance effective from July, 2010 is 10% and the total of 45%.

The decision to hike the dearness allowance by ten percent was taken in an union cabinet meeting chaired by Prime Minister Manmohan Singh, said an official spokesperson.


The decision to raise the dearness allowance over the basic pay from 35 to 45 percent to compensate the rising prices will cost the exchequer an additional Rs.9,303.2 crore per annum, the spokesperson said, adding the new allowance would come into effect from July 1, 2010