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While people prefer giving dry fruits, sweets, chocolates, gadgets and clothes, one can try to be a little different this Diwali by giving financial gifts. Also Read: Diwali 2020: Best Discounts On Hatchbacks. On the decisive crossing of 12400 levels would lift the Nifty to 13300 levels. The procedure for operation of this Scheme will be prescribed in due course of time. Your email address will not be published. It is moving upward with a frequent consolidation, which is bullish for the stock. Diwali 2020 Picks: Kotak Securities picked Infosys, which is 2nd largest I.T. The procedure for operation of this Scheme will be prescribed in due course of time. With Diwali 2020 nearing, two-wheeler manufacturers have already started seeing an uptick in sales. Exchange Bonus. The stock is forming a “Cup with Handle” formation on monthly charts. Cash Discount. Rounding to the nearest number of months will, however, not be permissible for service of less than six months. F. 18 (75) Coop. In 1990s TCS used to pay 1 month of salary as a bonus during Diwali. In case a Government servant is on leave on 31-03-2020 the emoluments last drawn immediately before proceeding on leave shall be taken into account for the purpose of eligibility and calculation of ad-hoc bonus. (VII) 25% of the ad-hoc bonus shall be paid in cash and 75% of the ad-hoc bonus shall be credited to the General Provident Fund Account of the respective employees who are recruited to the Civil Services before 1-1-2004. FINANCE DEPARTMENT The Indian information technology services company has been accelerating its localisation initiatives in Europe and Australia as well. The basic pay in respect of such persons shall mean basic pay fixed on re-employment or as increased thereafter and admissible on 31-03-2020 plus pension (including commuted part, if any). It is more than 50% visa-independent in Europe and Australia-New Zealand. Diwali Bonus 2020,Diwali Bonus,How to Invest Diwali Bonus: अगले महीने दिवाली का त्योहार है. This may benefit the loved one's in the long term. Infosys … Keep a final stop loss at Rs 3000. (2) In the case of Government servants who were on deputation to Public Sector Undertakings, Cooperative Societies, Autonomous Bodies etc. (f) Employees engaged on part time / casual or on a daily wage or on contract basis will not be eligible for ad-hoc bonus. If he is reinstated later on, eligibility of the period under suspension for the purpose of ad-hoc bonus shall be decided on the lines indicated above. Shares of Infosys will remain in focus on Monday, as the information technology firm had fixed September 5, 2018, as record date for the purpose of allotment of bonus shares. Later in the same decade, they switched to 1 month of basic as a bonus. Buy 50% at current levels and balance at Rs 3200. F.1(47)FD(Gr.2)/82 dated 27th June, 1989, as amended from time to time and are eligible for ad-hoc bonus under this order, shall be paid, (IV) The term ’emoluments’ occurring in this order will include basic pay, personal pay, deputation allowance and dearness allowance but will not include other allowances such as house rent allowance, compensatory (city) allowance etc. JAIPUR: Chief minister Ashok Gehlot has decided to give ad -hoc bonus to its employees considering festival of Diwali in mind on Sunday. However, technically, it is into gradual pull back on the upside and we could expect Rs 480 in the near term from it. The payment of ad-hoc bonus to those Government servants who were sent on deputation after 31-03-2020, but before issuing of this order, shall be made by the office where the employee was posted as on 31-03-2020. Share . Bonus ini terbuka kepada warganegara Malaysia dan India yang merupakan pelanggan baru ataupun pelanggan Fullerton Markets sedia … Maklumat Lanjut Bonus Diwali Promosi bermula dari 1 hingga 30 November 2020. Business By Radhika Kajarekar Last updated Oct 15, 2020 Until the market is above the level of 10800 (previous significant bottom), Nifty would keep rallying. The eligibility period shall include the continuous service rendered under the Government as also the period spent on deputation upto 31st March 2020. Maruti Suzuki Ciaz . Infosys Surprises 2.4 Lakh Employees With 100% Variable Pay, Bonus For December, Salary Hike From January! According to … (i) In cases where it is in the notice of Head of Office that the Government servant eligible for ad-hoc bonus on 31-03-2020 will definitely become ineligible for grant of ad-hoc bonus due to retrospective grant of pay in Pay Level in the Pay Matrix L-13 in Rajasthan Civil Services (Revised Pay) Rules, 2017 or Grade Pay of Rs. /76 dated 13.07.1976 as amended from time to time, ad-hoc bonus, equal to an amount by which the bonus/ex-gratia paid/payable as per terms of deputation falls short of the total of (a) 1.5% of basic pay in Rajasthan Civil Services (Revised Pay) Rules, 2017 or 2.5% of Basic Pay in Rajasthan Civil Services (Revised Pay) Rules, 2008 subject to RS.600/- per month drawn during the year 2018-19 and (b) the amount of ad-hoc bonus admissible under this order shall be payable by such borrowing Cooperative Institution. Now one needs to take a “Top Down” approach. Arpa C . the admissible amount of ad-hoc bonus by the borrowing organization. Five companies picked by Kotak securities are from five different sectors which ensures that portfolio of investors are not concentrated on one specific sector and are equally diversified. Motilal Oswal's top stocks for Diwali 2020 with up to 35% upside 2 min read. (g) Employees appointed as probationer trainee shall not be eligible for ad-hoc bonus. Buy 50% at current levels and balance at Rs 700. AICPIN August 2020 - Expected DA Jan 2021 - 2nd Stage Completed! No.F.6(5)FD(Rules)/2009. Diwali stock picks: Axis Bank, Bajaj Auto, Bharti Airtel, Bajaj Finserv, ITC to Infosys, here are stocks to buy zeebizindia@gmail.com (Zee Business) 06-11-2020 “Hence, they must get a double bonus prior to Diwali of 2020,” the letter reads. (V) The amount of ad-hoc bonus payable shall be computed assuming the month of 31 days. (b) The subsistence allowance given to an employee under suspension shall not be treated as emoluments. The entire cement space is buzzing heavily. Keep a final stop loss at Rs 650. (adsbygoogle = window.adsbygoogle || []).push({}); GOVERNMENT OF RAJASTHAN The Aarogya Setu scored points for gathering useful data, but lost out on parametres of transparency and voluntary download. Rs 25,000. The stock is following the formation of the trending wave. (II) For drawing ad-hoc bonus Government employee must have rendered at least six months of continuous service during the year 2019-20. Subject:- Grant of ad-hoc bonus … The stock will turn ex-d (Dr. Prithvi) The financial assistance will help employees utilise this bonus money ahead of Diwali. Sedition case: Kangana Ranaut records her statement before police, puts out video asking for support. In case a Government servant is under suspension on 31-03-2020 no ad-hoc bonus for the year 2019-20 shall be given for the present. Santro. (a) Except in the case of extra-ordinary leave (leave without pay), the period of leave of other kinds will be included for the purpose of working out eligibility period. Rs 15,000. (I) In the case of those PSUs / Boards / Corporations to which the payment of bonus under Bonus Act, 1965 is not applicable but who have been paying ad-hoc bonus / ex-gratia in the past as per orders issued by the State Government, ad-hoc bonus / ex-gratia may be paid at rates not exceeding the rate at which ad-hoc bonus is payable under the orders issued by the State Government for payment of non-productivity linked ad-hoc bonus to its employee. State Enterprises Department Le. Updated: October 14, 2020 10:57 PM IST And other two-wheeler manufacturers saw good sales as well. By Malvika Gurung Last updated Sep 21, 2020. (3) Government servants on deputation who have opted for bonus and / or ex-gratia payable to the employees of the borrowing organization in terms of this department order referred to above will be entitled to ad-hoc bonus equal to an amount by which, the bonus and / or excreta admissible as per order of the borrowing organization falls short of the total of (a) the deputation allowance which would have been admissible and (b) the ad-hoc bonus admissible under this order. Pro-rata payment will be admissible for continuous service from six months to twelve months. In Samvat 2076, which is the period from Diwali 2019 to the eve of Diwali 2020, the Sensex added 4,384.94 points or 11.23 per cent, and the Nifty soared 10 per cent. State Enterprises Department will ensure that ad-hoc bonus / ex-gratia will be granted only for the employees of PSUs / Boards / Corporations which are financially in a position to pay the ad-hoc bonus / ex-gratia. 17% fixed DA for 18 months to CG Employees and Pensioners, Expected Dearness Allowance Calculator for Bank Employees. Offer. (j) The payment of ad-hoc bonus, except to those Government servants who were on deputation on 31-03-2020, under these orders shall be made by the office in which an employee is posted on the date of issue of this order and it will be chargeable to the Budget Head to which the pay and allowances of the employees are charged. BPE will issue necessary orders on the lines of orders as applicable to State Government employees and deduction from ad-hoc bonus / ex-gratia will be deposited in the Scheme to be issued in due course. Below 10800 levels Nifty would lose its momentum and may even fall to 10300 levels. The stock did fall vertically during the period of lockdown and Covid -19 crises. Infosys has started to review salary hikes and promotions for its employees, the result of which shall apply from the end of Q2. Infosys is an Indian MNC spread across the world. On 8 th November 2020, Chief Minister Shri Ashok Gehlot has announced that Rajasthan Government will provide Diwali 2020 Bonus to its 7.30 lakh employees. Technically, after crossing the crucial level of Rs 920, it would arrest only at Rs 1075. They don't give any Diwali Bonus. (e) Employees who resigned from service on or before 31-03-2020 shall not be eligible for ad-hoc bonus under these orders. Grant of ad-hoc bonus to Rajasthan State Government employees for the financial year 2019-20 . By the end of March 2020 a frequent consolidation, which is 2nd largest I.T Government servants were! Cooperative Societies, Autonomous Bodies etc the world its absolutely right, Office Memes and other Funny Memes to on! 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