Revised Daily Allowance and Hotel Charges Limit for LIC Employees Notified

By | December 15, 2016
(Last Updated On: December 15, 2016)

MINISTRY OF FINANCE

(Department of Financial Services)

(INSURANCE DIVISION)

NOTIFICATION

New Delhi, the 14th December, 2016

G.S.R.1136(E).—In exercise of the powers conferred by section 48 of the Life Insurance Corporation Act, 1956 (31 of 1956), the Central Government hereby makes the following rules further to amend the Life Insurance Corporation of India (Daily Allowance and Hotel Charges to Employees on Tour) Rules, 1989, namely:─

1. (1) These rules may be called the Life Insurance Corporation of India (Daily Allowance and Hotel Charges to Employees on Tour) Amendment Rules, 2016.

(2) They shall come into force from the date of their publication in Official Gazette.

2. In the Schedule to the Life Insurance Corporation of India (Daily Allowance and Hotel Charges to Employees on Tour) Rules, 1989, for Part I, the following shall be substituted, namely:-

“PART – I

Daily Allowance

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