Now following limits are applicable for receiving gifts for those govt. employees who are covered under “All India Services (Conduct) rules,1968 as amended by All India Services (Conduct) Amendment Rules, 2015“: A member of the service may accept gifts from his near relatives or from his personal friends having no official dealings with them, on…
There is a proposal in Finance Ministry to raise the minimum lock-in period in PPF in the upcoming budget for FY 2015-16. Reason is to avail the funds for longer term for infrastructure. There are two options on the table right now: Increasing the maturity period from the 15 years. Increasing the minimum withdrawal period…
Govt of India has changed the name of Planning Commision to NITI Aayog. NITI stand for National Institution of Transforming India. It can be considered as replacement of Planning Commission by NITI Aayog. Press Release by Govt. is as follows: Press Information Bureau Government of IndiaCabinet 01-January-2015 18:24 IST Government constitutes National Institution for Transforming…