Pay Revision Arrear Module Updated in Spark
Module for taking Pay revision arrear(7/2014 to 1/2016) of employees has been updated in SPARK for processing vide G. O. (P) No. 7/16/Fin dated 20th January 2016. Employees will be entitled to draw arrears on account of pay revision in four instalment, each at 25% of the arrears, in cash on 1/4/2017, 1/10/2017, 1/04/2018 and 01/10/2018 respectively along with the interest on the arrears not drawn as on the above dates at the rate of interest admissible on their Provident Fund (Rate of interest is calculated based on GO (P) No. 11/2017/FIN dated 30/1/2017)
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