• Breaking News

    Sunday, 9 October 2016

    PERSONAL COMPUTER ADVANCES AND MOTOR CAR, MOTORCYCLE/ SCOOTER MOPED ADVANCES UNDER 7TH CPC: FIN MIN ORDER

    Grant of advances – Seventh Pay Commission recommendations – Amendment to Rules 21(5) of Compendium of Rules on Advances to Government Servants

    Computer Advances: Rs. 50,000 or Actual Price of PC, whichever is lower and Maximum allowed five times in the entire service.

    Motor Car Advance and Motorcycle / Scooter Moped Advance will stand discontinued

    No.12(1)/E.II(A)/2016
    Government of India
    Ministry of Finance
    Department of Expenditure

    New Delhi, 7th October, 2016

    OFFICE MEMORANDUM

    Subject: Grant of advances – Seventh Pay Commission recommendations – Amendment to Rules 21(5) of Compendium of Rules on Advances to Government Servants.

    The undersigned is directed to say that in of the decision taken by the Government on the Seventh Pay Commission’s recommendations relating to advances, the existing provisions of Compendium of Rules on Advances – 21(5) relating to Personal Computer Advance are amended as per the amendments attached.

    2. These orders will take effect from the date of issue of this O.M. The cases where the advances have already been sanctioned need not be reopened.

    3. The other interest bearing advances relating to Motor Car Advance and Motorcycle / Scooter Moped Advance will stand discontinued.

    4. In so far as persons serving in Indian Audit and Accounts Department are concerned, these orders issue in consultation with the Comptroller and Auditor General of India.

    5. All Ministries/Departments are requested to bring the amendments to the notice of all its attached and subordinate offices for their information.

    Hindi version of this O.M. is enclosed.
    Sd/-
    (Pankaj Hazarika)
    Director, E.II(A)

    AMENDMENTS TO COMPEDIUM OF RULES ON ADVANCES TO GOVERNMENT SERVANTS, 2005

    CONDITIONS OF GRANT OF COMPUTER ADVANCE: Rules 21(5)


    (ii) Computer advance will be allowed maximum five times in the entire service.

    Source:-http://finmin.nic.in/

    No comments:

    Post a Comment

    Highly Viewed

    Comments

    Category

    Contact Form

    Name

    Email *

    Message *

    Google+ Followers