PROVIDENT FUND

12% OF BASIC & D.A. CO. CONT. TO P.F. EQUIVALENT EPS.95 CONT. FROM CPF (Rs.541 : 8.33% of Rs.6500) V.P.F. NO CO. CONT. INT. @8.5% ON MONTHLY BASIS

WITHDRAWAL
REFUNDABLE NON REFUNDABLE

REFUNDABLE P.F. LOAN

FOR SELF & DEPENDENT
MEDICAL TREATMENT INCL. TRAVELLING HIGHER EDUCATION MARRIAGE ( ADVANCE SIX MONTHS SALARY) CEREMONIES OBLIGATORY EXP. ON RELATIVES MARRIAGE OVERSAEAS TRAVEL P.F. ADV. EQUAL TO THREE MONTHS BASIC+DA REPAYMENT IN MAX. 25 INSTALMENTS

NON REFUNDABLE ADVANCE

FOR PAYMENT OF INSURANCE POLICY MIN. 3 YRS OF MEMBERSHIP ONCE IN SIX MONTH

NON REF. ADV. - 2

PURCHASE OF HOUSE MIN. 5 YRS MEMBERSHIP OF PF MAX. 36 MONTHS BASIC & D.A. 12 MONTHS SAL. TWO TIMES AFTER 5 & 10 YRS OF PURCHASE OF HOUSE

NON. REF. ADV. - 3

HIGHER EDUCATION MARRIAGE ILLNESS MIN. 10 YRS OF SERVICE AND AT LEAST 5 YRS BEFORE RETIREMENT MAX HALF OF MEMBERS CONT.

GRATUITY
MIN. 5 YRS SERVICE 15 DAYS SALARY FOR EVERY HALF YEAR OF SERVICE BASIC & D.A./26 = ONE DAY SAL. MAX. 3.5 LAKHS

DIRECT TAXES
Individual & HUF Tax rates for F.Y.07-08
Income Range (Rs.) 0 150001 300001 500001 150000 300000 500000 Above Rate (%) Nil 10 20 30

DIRECT TAXES
Exemption Limit for Women Rs.180000 Exemption Limit for Senior Ctzn 225000 Surcharge @10% for income exceeding Rs. 10 lakhs. Education Cess @3%(2+1).

LEAVE RULES
CASUAL LEAVE RESTRICTED HOLIDAY SPECIAL CASUAL LEAVE EARNED LEAVE HALF PAY LEAVE SICK LEAVE MATERNITY LEAVE CHILD CARE LEAVE PATERNITY LEAVE SPECIAL DISABILITY LEAVE EXTRAORDINARY LEAVE

CASUAL LEAVE
12 CASUAL LEAVES EVERY CALENDER YEAR
SUNDAYS & HOLIDAYS ARE NOT COUNTED CAN BE CLUBBED WITH RESTRICTED HOLIDAYS

CANNOT BE CLUBBED WITH EL / HPL

LAPSES AT THE END OF CALENDAR YEAR SPECIAL CL - MAX. 30 DAYS PER YR.

EARNED LEAVE
30 DAYS CREDITED EVERY YEAR 75% OF EL ENCASHABLE ENCASHMENT ONCE IN A CALENDER YEAR ACCUMULATION UPTO 300 DAYS CARRIED FORWARD IN NEXT YEAR INTERVENING SUNDAYS & HOLIDAYS ARE COUNTED ENCASHABLE ON RESIGNATION

HALF PAY LEAVE

20 DAYS EVERY YEAR CARRIED FORWARD NEXT YEAR EL & HPL CANNOT BE CLUBBED WITH CASUAL LEAVE COMMUTED ON MEDICAL GROUNDS ENCASHABLE ON RESIGNATION PROVIDED AGE > 50YEARS & NTPC SERVICE>10YEARS

SICK LEAVE
TRAINEES 10 DAYS PER YR. ON FULL PAY BALANCE LEAVES ON ABSORPTION IS DOUBLED AND CREDITED TO HPL

EXTRA ORDINARY LEAVE

LEAVE SANCTIONED UNDER SPECIAL CIRCUMSTANCES WITHOUT PAY AND ALLOWANCES UPTO 3 MONTHS ON ONE OCCASION UPTO 6 MONTHS ON ONE OCCASION ON MEDICAL GROUNDS UPTO 18 MONTHS IN CASE OF TREATMENT FOR TB, CANCER, LEPROSY TRAINESS- UPTO 20 DAYS ON ONE OCCASION

MATERNITY & PATERNITY LEAVES

MATERNITY
135 DAYS

PATERNITY
15 DAYS

AT A STRETCH & TWICE

AT A STRECH & TWICE

HOLIDAYS
PREVIOUS 12 CLOSED 2 RH PRESENT 8 CLOSED 6RH

FACILITIES FOR HIGHER STUDIES

COMPANY SPONSORSHIP STUDY LEAVE

COMPANY SPONSORSHIP
NOT EXCEEDING ONE YR. & APPROVAL OF D(P) HRA - IF ACCOMODATION NOT GIVEN BY INSTITUTE EXAMINATION FEE & OTHER CHARGES AN OUT OF POCKET ALLOW. - CMD APPROVAL FOR OUTSIDE INDIA - APPROVAL OF CMD NO SALARY & ALLOWANCES BOND TO BE EXECUTED NORMAL SERVICE BENEFIT - CPF & GRATUITY PERIOD OF SPONSORSHIP WILL BE COUNTED FOR SERVICE & PROMOTION

STUDY LEAVE
MIN. THREE YRS. SERVICE INCLUDING TRAINING NOT DUE TO RETIRE WITHIN 5 YRS. OF COMPLETION OF COURSE FOR COUSE PURSUED IN INDIA FOR OUTSIDE INDIA - THE COURSE SHOULDNT BE AVAILABLE IN INDIA PERIOD OF LEAVE - MAX. 3 YEARS BOND OF 3 YRS. AFTER COMPLETION OF COURSE