GOVERNMENT OF TELANGANA
ABSTRACT
Establishment - LOANS AND ADVANCES - House Building Advance - Recommendation
of First Pay Revision Commission - Admissibility in Revised Pay Scales, 2020 - Accepted
– Orders - Issued.
--------------------------------------------------------------------------------------------------------
FINANCE (HRM.IV) DEPARTMENT
TSPRC- House Building Advance G.O.Ms.No.59 Dated: 22nd, June, 2023.
Read the following:-
1. G.O.Ms.No.37, Finance (HRM.IV) Department, dated: 10.04.2015.
2. G.O.Ms.No.8 6 , G e n e r al A dm i n i s tr a t i on (Spl.C)) Department,
dated: 18.05.2018.
3. G.O.Ms.No.51, Finance (HRM.IV) Department, dated: 11.06.2021.
& & &
O R D E R:
In the Government Order 3
rd read above, based on the recommendations of
First Pay Revision Commission, orders were issued implementing the Revised Pay
Scales, 2020 to the State Government employees.
2. The First Pay Revision Commission inter alia has recommended for
enhancement of eligibility ceiling in respect of House Building Advance to the State
Government employees, in the Revised Pay Scales, 2020.
3. Government, after careful consideration of the recommendations of the First
Pay Revision Commission and in modification of the orders issued in Government order
1
st read above, hereby enhance the existing ceiling of House Building Advance to the
State Government employees, for purchase of ready built house/ flat, for purchase of
site-cum-construction of new house/ flat and for construction of new house/ flat on
the site already owned by the employee as below;
7. Penal Interest will be charged at double the rate of normal interest in case the
advance is mis-utilised or not utilized at all and at 1-½ times of the normal rates for
non-compliance with formalities.
8. All other conditions governing the sanction of House Building Advance under
the existing Rules will continue.
9. These orders shall come into force with immediate effect.
Is house building advance applicable for all government employees or is it for only for secretariat employees only???
ReplyDeletePlease give your comments....!!!