Life Insurance Corporation of India (Daily Allowance and Hotel Charges to Employees on Tour) Amendment Rules, 2023.
MINISTRY OF FINANCE
(Department of Financial Services)
NOTIFICATION
New Delhi, the 17th August, 2023
G.S.R. 608(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: —
“PART – I
Short title and commencement. — (1) These rules may be called the Life Insurance Corporation of India (Daily Allowance and Hotel Charges to Employees on Tour) Amendment Rules, 2023.
(2) They shall come into force on the date of their publication in Official Gazette.
In the Life Insurance Corporation of India (Daily Allowance and Hotel Charges to Employees on Tour) Rules, 1989, in Schedule, for PART-I the following shall be substituted, namely: –
Daily Allowance
TABLE
| Serial No. | Name of Category | Rate of Daily Allowance | |||
| Metro* City | “A” Class City | “B” Class City | “C” Class City | ||
| (1) | (2) | (3) | (4) | (5) | (6) |
| 1. | Class I Officers | ||||
| (a) | Managing Director | 2700 | 1950 | 1650 | 1425 |
| (b) | Executive Director / Zonal Manager | 2700 | 1950 | 1650 | 1425 |
| (c) | Deputy Zonal Manager / Senior Divisional Manager / Divisional Manager | 2250 | 1950 | 1650 | 1425 |
| 2. | Assistant Divisional Manager / Administrative Officer / Assistant Administrative Officer | 1950 | 1650 | 1425 | 1200 |
| 3. | Class II Officers | 1050 | 1050 | 900 | 675 |
| 4. | Class III Employees | ||||
| (a) | Higher Grade Assistant | 1050 | 1050 | 900 | 675 |
| (b) | Other Class III Employees | 900 | 900 | 780 | 510 |
| 5. | Class-IV Employees | 750 | 750 | 600 | 375 |
*Mumbai, Delhi, Kolkata, Chennai.
[F. No. S-14014/04/2022-Ins.I]
UKESH KUMAR BANSAL, Jt. Secy.
Note: The Principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide notification number G.S.R. 934(E), dated the 27th October,1989 and subsequently amended vide notification number G.S.R. 322(E), dated the 10th March, 1992, G.S.R. 422(E), dated the 13th September,1996, G.S.R. 286(E), dated the 27th April,2004, G.S.R. 563(E), dated the 8th September, 2005, G.S.R. 932 (E), dated the 1st December, 2010 and G.S.R. 1136(E), dated the 14th December, 2016.
Source: https://egazette.gov.in/