Various PSU and Private sector banks slashed interest rate on Fixed deposit...Govt. allowed central staff to draw upto Rs 10 thousand in cash as advance salary..Banks, Post offices to report cash deposits of over Rs 2.5 lakh to I-T...Dearness Relief to Central Government pensioners/family pensioners from 1.7.2016 - Orders issued...Don't need ID copies to exchange old currency notes, says Reserve Bank of India ......WELCOME TO SAPOST ODISHA... ...

Rationalisation of Death Gratuity by 7th Pay Commission

The Commission has received representations pointing to a need for rationalization of current slabs for death gratuity, especially for the slab of 5 to 20 years of qualifying service in which family pensioners are stated to be placed at a disadvantageous position.

Analysis and Recommendations : As per Rule 50 of Pension Rules, the death gratuity admissible will be as follows, subject to the maximum limit prescribed for the                                                    gratuity:






Reff: 7th CPC Report

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