Learn How to Calculate ROPA 2019 Gratuity Arrear w.e.f 01.01.2016 The Pension Branch, Finance Department of Government of West Bengal vide Notification No: 536-F(Pen) dated 1st October 2019 has superseded the provisions of old Notification No:201‐F(Pen), dated 25.02.2009 regarding payment of Death cum Retirement Gratuity. This new Notification No: 536-F(Pen) states that the maximum amount …
*WB ROPA 2019 Highlights*
• WB ROPA 2019 is applicable from 1st January 2020.
• Pay has been fixed notionally from 01.01.2016.
• No arrear salary has been announced here.
• No DA has been announced here.
• New revised HRA has been set to 12%.
• Maximum HRA allowance is capped at Rs.12000.
• 2.57 Multiplier factor has been taken into consideration.
• Medical Allowance has been increased to Rs.500.
• Default increment is set to July every year.
HDFC Bank signs MoU with CSC Today on 4th July 2018 HDFC Bank signs MoU with CSC a Special Purpose Vehicle (SPV) to act as HDFC Bank correspondents. CSC or Common Service Centres currently act as digital financial service providers in India and run by three lakh village level entrepreneurs. This pact of CSC’s with …
Co-operative society in India Before starting off on Co-operative society in India, at first one should know what is a Co-operative Society i.e. the definition of it, how it came into existence, its features, types and benefits. Definition of Co-operative society in India A Co-operative society in India can be described as the association of …