Govt. notifies norms relating to employee services for IFSCs

The Govt. has notified the International Financial Services Centres Authority (Employees’ Service) Regulations, 2020. The regulations shall apply to every whole-time employee appointed by the Authority under sub-section 1 of section 11 of the IFSCA Act, 2019. The regulations covers provisions relating to appointment, probation and termination of services. It also covers norms relating to keeping records of service, seniority, promotion, pay, allowance and benefits.The Govt. has notified the International Financial Services Centres Authority (Employees’ Service) Regulations, 2020. The regulations shall apply to every whole-time employee appointed by the Authority under sub-section 1 of section 11 of the IFSCA Act, 2019. The regulations covers provisions relating to appointment, probation and termination of services. It also covers norms relating to keeping records of service, seniority, promotion, pay, allowance and benefits.taxmann.com Latest Statutory HappeningsRead More

Leave a Reply