Clarification on Deduction of NPS during April-2020 to August-2020
Govt. have issued clarification vide Circular No.22/2020/Din Dated 06/05/2020 for the deduction of NPS contribution during Salary deferment period of April 2020 to August 2020. Only 10% of actually received Basic Pay and Dearness Allowance is to recovered as NPS Contribtion of Employees as per GO(P)No.20/2013/Fin dated 07/01/2013. Hence proportionate deduction of NPS shall be made during salary deferment period of April-2020 to August-2020. Download GO for more details.
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Recovery of Loans & Advances - Temporarily exempted
Vide GO(P)No.54/2020/Fin dated 01/05/2020, Govt issued orders for exempting the recovery of Loans & Advances (Including GFP Advance Recovery) of Govt Employees and Teachers on request for the period from April-2020 to August-2020 and the total amount temporarily exempted shall be recovered in ten equal instalments from the salary of September-2020. The earlier order issued vide GO(P)No.50/2020/Fin dated 28/04/2020 has been cancelled.
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