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As such, a higher rate of SDA for them is justified". [2]: p 353 para 8.17.117 The Special Duty Allowance (SDA) at 30 percent of the pay, for an Indian Police Service Officer with 13 years service works out Rs 35,550 , 14 years of service to Rs 39,330, for 17 years service to Rs 43260, and for 22 years service to Rs 54,660.
Table 3: Comparative scales: Saichen Allowance and Special Duty Allowance (SDA) for officers recommended by 7CPC Amount in Rs (13 years of service) Amount in Rs (14 years of service) Amount in Rs (17 years of service) Remarks Saichen allowance: Fixed amount [50]:para 8.10.47: 42,500 42,500 42,500 The existing allowance for officers is Rs 21000.
Some private sector employees and civil servant, are pensioners in India. Dearness Allowance is calculated as a percentage of an Indian citizen's basic salary to mitigate the impact of inflation on people. Indian citizens may receive a basic salary or pension that is then supplemented by a housing or a dearness allowance, or both. The ...
The President Of India has a net salary of ₹400,000 (US$6,000) per month, followed by the Vice President with ₹350,000 (US$4,800), and the Prime Minister at ₹280,000 (US$3,400). Governors receive ₹300,000 (US$4,200). The Chief Justice of India earns ₹280,000 (US$3,400) while Supreme Court judges receive ₹250,000 (US$3,000). Members ...
Every employer shall grant to an employee who has been in continuous employment with the same employer for: (a) a period of 1 to 6 years - annual leave on full pay at the rate of 1.25 working days per month for each year of employment; or (b) a period of 7 to 19 years - annual leave on full pay at the rate of 1.75 working days per month for ...
The rate of service tax was increased to 12% by Finance Act, 2006 w.e.f 18.4.2006. Finance Act, 2007 has imposed a new secondary and higher education cess of one per cent on the service tax w.e.f 11.5.2007, increasing the total education cess to three per cent and a total levy of 12.36 per cent.
AZB & Partners is a corporate law firm in India, with offices spread across Mumbai, Delhi NCR, Bangalore, Chennai and Pune.The firm comprises over 150 partners specialising in General Corporate, M&A and Banking and Finance practice and other specialised verticals such as Dispute Resolution, Real Estate, Competition Law, Intellectual Property, Capital Markets, Compliance & Investigations, Funds ...
Shardul Shroff. Shardul S. Shroff is the executive chairman of the firm while Pallavi Shroff is the managing partner of the firm. Along with the Shroffs, the management board of the firm includes equity partners Gunjan Shah and Jatin Aneja, and M Damodaran (ex-Chairman SEBI) as an Independent Member and John Handoll, Senior Advisor - European and Competition Law, as an Advisor to the board.