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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. [2]: table 5 Pay matrix Armed Forces are not eligible for SDA.
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.
Salaries and Allowances of Ministers Act: 1952: 58 Commissions of Inquiry Act: 1952: 60 Reserve and Auxiliary Air Forces Act: 1952: 62 State Armed Police Forces (Extension of Laws) Act: 1952: 63 Forward Contracts (Regulation) Act: 1952: 74 Scheduled Areas (Assimilation of Laws) Act: 1953: 16 Salaries and Allowances of Officers of Parliament Act ...
Dearness Allowance (DA) is a cost-of-living adjustment, an increase made to the basic pay of government officials and public sector workers’ employees. Public sector unit employees are also government employees, but not civil servants.
The Payment of Gratuity Act, 1972 is an Indian law that makes companies pay a one-time gratuity to retiring employees or employees who resigns after a minimum of 5 years of service. The law applies to all companies of at least 10 employees. [1] The gratuity is 15 days' wages for every year of employee service, or partial year over six months.
Under this act secured creditors (banks or financial institutions) have many rights for enforcement of security interest under section 13 of SARFAESI Act, 2002. If borrower of financial assistance defaults on repayment of a loan and their account is classified as Non performing Asset by secured creditor, then secured creditor may repossess the ...
Amarchand & Mangaldas & Suresh A Shroff & Co or AMSS in short, was the largest law firm in India with headquarters in Delhi and Mumbai. It had offices in 8 cities, namely New Delhi, Mumbai, Bengaluru, Ahmedabad, Hyderabad, Kolkata, Chennai and Pune. [2] [3] In 2013, the firm had nearly 600 lawyers including 85 partners. [4]
Therefore, the effective rate became 14.5% with effect from 15 Nov 2015. [3] For transactions that occurred on or after 1 June 2016 this tax is at 15%. [4] 2016 Union budget of India has proposed to impose a cess, called the Krishi Kalyan Cess, at 0.5% on all taxable services effective from 1 June 2016. The current service tax is at 15%. [5]