:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

GRATUITY TO PRIVATE SECTOR EMPLOYEES RAISED TO RS.10 LAKH

Cabinet Meeting chaired by the Prime Minister, Mr. Manmohan Singh, approved raising the ceiling for payment of gratuity from Rs.3.5 lakh to Rs.10.00 lakh, which will bring parity between the Govt. and the Private Sector Employees. Earlier the Sixth Pay Commission recommendation had raised the limit for Central Govt. Employees to Rs.10.00 lakh.

Source: http://economictimes.indiatimes.com/personal-finance/savings-centre/savings-news/Gratuity-for-private-sector-employees-raised-to-Rs-10-lakh/articleshow/5644295.cms

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