2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
13th December 2017, 01:37 PM
Super Moderator
 
Join Date: Aug 2012
Re: Indian Navy Pay Slip

Naval Pay Office was established as a Centralised Pay Accounting organisation to maintain pay accounts of all Royal Indian Navy personnel, in 1945 and the head of organisation named as Pay Master-in-Chief RIN Pay Office.

The role and responsibility of NAVPAY are broadly defined in the Centralised Pay Accounting Manual (INBR 15) and the Financial Regulations Part II.

The vital responsibility is to make sure correct authorisation and payment of various pay and allowances to all service personnel, as prescribed under rules, from the day of joining the service up to the date of retirement / release / demobilisation.

NAVPAY is required to commence / cease entitlement as well as effect recoveries from pay accounts, on due dates, after receipt of specified documents.

Functions

The main functions of the Naval Pay Office are as follows:-


To maintain the Centralised Pay Accounting System for adjustment and remittance of Pay and Allowances in respect of all the officers and sailors, on active list, of the Indian Navy. This includes compulsory recovery of subscription towards various funds, both Govt as well as non govt. from pay.

To maintain Provident Fund accounts of all naval personnel, including those on deputation

To maintain Annual Leave record in respect of officers

To maintain record of loans granted to naval personnel both Govt loan (like House Building, Scooter / Motor Car Advance etc) as well as specified Non-Public Fund loans (from NGIS, INBA, CBF etc) and effect monthly recovery of loan instalments

To finalise Leave Encashment and the Provident Fund Accounts in respect of demobilised personnel.

To initiate pensionary procedures for demobilised / deceased officers and sailors at Single Window Documentation Cell.

To prepare monthly compilations of receipts and charges at Naval Pay Office and summary of Provident fund withdrawal transactions throughout the Navy.

To render advice to IHQ (Navy) on issues relating to pay and allowances.


Quick Reply
Your Username: Click here to log in

Message:
Options

Thread Tools Search this Thread



All times are GMT +5. The time now is 02:44 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3 4