With effect from 1st November 2022, Transport Allowance shall be paid as under;
Note :
12th Bipartite Settlement
| All Clerical and Subordinate Staff | Rs. 850 per month with applicable DA thereon |
- (i) The Transport Allowance with applicable DA thereon shall not be reckoned for superannuation benefits viz., pension including contribution to NPS, PF & Gratuity.
- (ii) This provision by itself will not preclude the payment of any existing allowance of this nature paid as a result of Government guidelines/bank level settlements.
- (iii)Conveyance Allowance payable to employees who are persons with benchmark disability (PwBD) shall be over and above the Transport Allowance payable as above.