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Improved rebate, modified tax structure/slabs, reduced surcharges, higher exemption on leave encashment for retirees in private-sector and extension of standard deduction in the New Tax Regime were announced by the Finance Minister, Nirmala Sitharaman during Parliament's Budget Session on 1 February 2023. [5]
The increase was mainly due to payment of increased pay & allowances consequent upon implementation of 7th pay commission recommendations, leave encashment during LTC, cost of materials, oil, diesel, revision of service tax on government buildings etc. Lack of proper investment in infrastructure and technology is the reason for such low revenue.
A bit more detail. The Office of Personnel Management described the program for eligible federal employees as “paid administrative leave” with benefits until Sept. 30, 2025.
In some cases, the number of days granted depends on whether an employee works in the public or private sector. Leave taken in the event of a death also applies if it is a relative of the employee's spouse or civil partner who has died: e.g. the death of an employee's mother-in-law entitles the employee to 3 days' leave. [129] [130]
She said she believed the temporary restraining order McConnell issued on January 31 was "very clear" that no funding should be paused, yet state agencies "haven’t been able to access that money ...
The Central Intelligence Agency on Tuesday became the first major national security agency to offer so-called buyouts to its entire workforce, a CIA spokesperson and two other sources familiar ...
Copies of the notices they received Friday said their suspensions were related to the president’s executive order banning diversity, equity and inclusion programs across the federal workforce.
This is the unused leave rolled over from the last fiscal year. Ernd - The cumulative amount of leave earned in the current fiscal year, or current term of service if the service member re-enlisted or extended since the start of the fiscal year. Used - The cumulative amount of leave used during the current fiscal year, or term of enlistment.