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Thursday, 31 July 2014

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Allotment of EPF Universal Account Number to every contributing member registered on ECR portal and subsequent seeding of KYCs

Allotment of EPF Universal Account Number (UAN) to every contributing  member registered on ECR portal and subsequent seeding of  KYCs

Full implementation of the UAN will involve the following steps: 

i) Allotment of UAN (already allotted by EPFO can be downloaded 
from EPFO Website i.e. www.epfindia.gov.in ) 

ii) Dissemination of UAN (To be done by you(employer) in respect of your employee) 

iii) Capturing of KYC and communication of the same to EPFO. (To be done by you in respect of your employee).

iv) Continuous allotment of UAN to new members (To be done by you in respect of your employee). 

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Expected Dearness Allowance from January 2015 for Central Govt. Employees & Pensioners:

Expected Dearness Allowance from January 2015 for Central Govt. Employees & Pensioners:


           
The CDA may by 3.0%  to 6.0% i.e upto 110.0% to 113.0% w.e.f. 01-January-2014  depends upon the Average AICPIN of the months Jan'14 to Dec'14.
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Dearness Allowance from July 2014 for Central Govt. Employees & Pensioners

Monday, 28 July 2014

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EIL Recruitment of Fresher / Experienced Candidates


EIL Recruitment of Fresher / Experienced Candidates:

Last Date of Application: 25/8/2014

SNoPostDisciplineMinimum Experience
(Before applying any 
relaxation)
1SR. ENGINEEROFFSHORE PIPELINES (ENGINEERING)4
2DY. MANAGEROFFSHORE PIPELINES (ENGINEERING)8
3DY. MANAGERFINANCE & ACCOUNTS8
4DY. MANAGERHUMAN RESOURCE8
5MANAGEROFFSHORE PIPELINES (ENGINEERING)12
6SR.ENGINEER(SAFETY)CONSTRUCTION (SAFETY)4
7DY.MANAGER(SAFETY)CONSTRUCTION (SAFETY)8
8LEGAL OFFICERLEGAL1
9SR LEGAL OFFICERLEGAL4
10DY.MANAGER(LEGAL)LEGAL8

Cut-off date for post-qualification relevant experience and upper age is 1/7/2014

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Friday, 11 July 2014

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INCOME TAX RATES FOR F/Y 2014-15

Income Tax Rates For F/Y 2014-15

The Income Tax rate slab For F/Y 2014-15 is being continued in Union Budget 2014-15 as it was in  F/Y 2013-14. The Exemption limit has been increased by Rs. 50,000/- for individuals aged upto 80 Year whereas for Super Sr. Citizen The Exemption limit has been continued as it was in  F/Y 2013-14.

Thursday, 10 July 2014

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Union Budget Benefits 2014-15 for employees

What's new in the Union Budget 2014-15 for Individual employee-


  • Income TAX Slab: There is no change in Income TAX Slab for Year 2014-15 except Exemption Limit. Click Here to see the Income Tax Slab And Rate
  • Income TAX rate: There is no change in Income TAX Rate for Year 2014-15.
  • Income Tax Exemption Limit (Non Sr.Citizen)- Income Tax Exemption Limit raised by Rs. 50,000/- i.e. from 2 lac to 2.5 lac.

Thursday, 3 July 2014

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About State Bank Virtual Card for safer online transaction

FAQs About State Bank Virtual Card for safer online transaction


  1. What is State Bank Virtual Card?
    State Bank Virtual Card is a limit Debit card, which can be created using the State Bank Internet Banking facility for ecommerce (online) transactions. The Card can be used to shop online at any merchant website that accepts Visa Cards, without any difference from a regular plastic Card. The Card will be issued by marking a lien on the selected account and actual debit to the account will take place only when the Card is used.