WebWhile fixing pay on notional basis, the pay fixation formulate approved by the Government and other relevant instructions on the subject in force at the relevant time shall be strictly followed. 50% of the notional pay as on 01.01.2016 shall be the revised pension and 30% of this notional pay shall be the revised family pension w.e.f. ... WebApr 23, 2024 · In such cases the Government Servant concerned is granted notional promotion and notional pay fixation w.e.f. a date on which his immediate junior has been …
Fixation Definition & Meaning - Merriam-Webster
WebWhite fixing pay on notional basis, the pay fixation formulae approved by the Government and other relevant instructions ... WebDefinition of notional 1 as in theoretical dealing with or expressing a quality or idea she has a notional understanding of romantic love but no actual experience of being in love Synonyms & Similar Words Relevance theoretical theoretic metaphysical conceptual abstract speculative mental hypothetical intellectual ideal spiritual ideational cosmic sigmons mulch conover nc
Understanding Notional Value and How It Works
WebJan 15, 2024 · Notional Value vs. Market Value. The concept of notional value must not be confused with the concept of market value. Although both terms describe the value of a financial security, the concepts are used in different contexts. Notional value is the total value of a position in a financial security. Strictly speaking, it determines how much ... WebAug 1, 2024 · “The officer undergoing minor penalty (withholding of increments or reduction of pay without cumulative effect) will not be granted financial upgradation under ACP/ MACP during the currency of penalty but after completion of penalty the MACP as well as pay fixation will be granted ‘notionally’ from the date of eligibility (during the currency of … WebThe notional value of any financial instrument means the total value of the derivative contract it holds and calculated by multiplying the total number of units that are there in the contract with the spot price of the said units prevailing in the market. Notional Value = Total Units in the Contract * Spot Price the prison blade wow