Category: Loans and Recovery
Additional guidelines issued vide Circular No.83/2021/Fin Dated 23/09/2021 regarding the recovery of NPS from the deferred salary of Govt employees.
Circular No.86/2007/Fin Dated 11/12/2007 regarding ceiling of monthly repayment of loans. Recovery not exceed half of net salary.
Circular issued vide No.30/2020/Fin Dated 01-06-2020, permission granted for obtaining subsidized housing loan for Govt Employees and Teachers from Scheduled Commercial / Non Commercial Bank / Non Banking Financial corporations for the FY
...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.
Vide GO(P)No.54/2020/Fin dated 01/05/2020, Govt issued orders exempting the recovery of Loans & Advances of Govt Employees and Teachers on request for the period from April-2020 to August-2020 and the total amount temporarily exempted
...Vide GO(P)No.50/2020/Fin dated 28/04/2020, Govt issued orders related to the repayment of Loans & Advances in connection with salary deferment for employees.
NB: This order has been cancelled vide GO(P)No.54/2020/Fin Dated
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