The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on Paytm Payments Bank Limited (PPBL) over certain specified violations, as referred in Section 26 (2) of the Payment and Settlement Systems Act, 2007.
Government has decided to extend the Pradhan Mantri Garib Kalyan Package (PMGKP): Insurance Scheme for Health Care Workers Fighting COVID-19' for a further period of 180 days with effect.
The increase of 3% is over the existing rate of 28 percent of the basic pay/pension and will be effective Now after this hike, the DA/DR will increase to 31%.