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27 year old rule changed by Modi government, relief for millions of employees

27 year old rule changed by Modi government, relief for millions of employees



The central government has given major relief to government employees. Increased investment limit in government shares and mutual funds from the government. This limit has now increased to nearly half the employees' total salary. The information was given by the Ministry of Chemicals on Thursday. The ministry has ordered all the departments of the central government. Let us state that after the decision of the government, changes will be made in the mood of some 27 years ago.

According to the earlier rules, Group A and Group B officials had to give information about the transfer of shares, debentures or mutual fund schemes to more than 50000 rupees in a calendar year. For this, for Group C and Group D employees, this limit was 25000 rupees. But, after the new law, the employee will only give information about his investment only when the investment crosses the six-month total salary in one calendar year.

According to officials, after the recommendations of the Seventh Pay Commission came into effect, the salaries of government employees increased. It has been decided to increase the limit of limits. The government has issued a circular regarding the information sharing of employees to the administrator who can monitor the transaction.