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EXTRAORDINARY
PART II —Section 3 —Sub-section ( i)
PUBLISHED BY AUTHORITY
No. 478] NEW DELHI, THURS DAY, AUGUST 17 , 2023/ SHRAVANA 26, 1945
CG-DL-E-17082023-248171
(1) (2) (3) (4) (5) (6)
अजधकारी 1950 1650 1425 1200
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: —
1. 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.
2. 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: -
“PART – I
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]
MUKESH 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. 11 36(E), dated the 14th December, 2016.
NOTIFICATION
New Delhi, the 17th August , 2023
G.S.R . 609(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 Insuran ce
Corporation of India Class III and Class IV Employees (Revision of Terms and Conditions of Service) Rules, 1985,
namely: —
1. Short title, commencement and application. — (1) These rules may be called the Life Insurance Corporation of
India Class III and Class IV Employees (Revision of Terms and Conditions of Service) Amendment Rules, 2023.
(2) They shall come into force on the date of their publication in Official Gazette.
(3) These rules shall be applicable to those Class III employees who were in the whole -time salaried service in
the permanent establishment of the Corporation.
2. In the Life Insurance Corporation of India Class III and Class IV Employees (Revision of Terms and Conditions of
Service) Rules, 1985, in rule 4, in sub -rule (2), after clause (B), the following shall be inserted, namely: -
“(C) Officiating Cashier Allowance to Class III employees: —
Officiating Cashier Allowance to Class III employee shall be Rs.140/ - per day for paying and receiving cash:
Provided that this allowance shall not count for the purpose of calculation of Dearness Allowance, Provident
Fund, Gratuity, House Rent Allowance, Pension, Encashment of Privilege Leave and fixation of salary on promotion;”
[F. No. S-14014/04/2022 -Ins.I]
MUKESH 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. 357(E), dated the 11th April, 1985 and were subsequently amended vide
G.S.R. 18(E), dated the 7th January, 1986 , G.S.R. 1076(E), dated the 11th September, 1986, G.S.R. 961(E),
dated the 7th December, 1987, G.S.R. 870(E) and 873(E), both dated the 22nd August, 1988, G.S.R. 515(E),
dated the 12th May, 1989, G.S.R. 509(E), dated the 24th May, 1990, G.S.R. 620(E), dat ed the 6th July, 1990,
G.S.R. 628(E), dated the 10th July, 1990, G.S.R. 338(E), dated the 11th July, 1991, G.S.R. 697(E), dated the
25th November, 1991, G.S.R. 46(E) and 47(E), both dated the 4th February, 1993, G.S.R. 746(E) dated the
13th December, 1993 , G.S.R. 55(E), dated the 2nd February, 1994, G.S.R. 595(E) dated the 30th June, 1995,
G.S.R. 669(E), dated the 27th September, 1995, G.S.R. 96(E), dated the 16th February, 1996, G.S.R. 102(E),
dated the 22nd February, 1996, G.S.R. 261(E), dated the 22nd May, 1998, G.S.R. 532(E), dated the 27th
August, 1998, G.S.R. 445(E), dated the 18th June, 1999, G.S.R. 611(E), dated the 30th August, 1999, G.S.R.
552(E), dated the 22nd June, 2000, G.S.R. 289(E), dated the 27th April, 2004, G.S.R. 561(E), dated the 5th
September, 2005, G.S.R. 306(E), dated the 25th April, 2007, G.S.R. 72(E), dated the 6th February, 2008,
G.S.R. 826(E), dated the 8th October, 2010, G.S.R. 30(E), dated the 14th January, 2016, G.S.R. 195(E), dated
the 26th February 2016, G.S.R. 1087(E), d ated the 24th November, 2016, G.S.R. 404(E), dated the 31st May,
2019 and G.S.R. 270(E), dated the 15th April, 2021.
NOTIFICATION
New Delhi, the 17th August , 2023
G.S.R . 610(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, Class I Officers (Revision of T erms and Conditions of Service) Rules, 1985, namely: —
1. Short title, commencement and application. — (1) These rules may be called the Life Insurance Corporation of
India, Class I Officers (Revision of Terms and Conditions of Service) Amendment Rules, 2023.
(2) They shall come into force on the date of their publication in Official Gazette.
(3) These rules shall be applicable to those Class I Officers who were in the whole -time salaried service in the
permanent establishment of the Corporation.
2. In the Life In surance Corporation of India, Class I Officers (Revision of Terms and Conditions of Service) Rules,
1985, after rule 7G, the following shall be inserted, namely: -
“7H. — Cash Handling Allowance to Class I Officer in Satellite Offices shall be Rs.170/ - per day for
paying and receiving cash:
Provided that this allowance shall not count for the purpose of calculation of Dearness Allowance, Provident
Fund, Gratuity, House Rent Allowance, Pension, Encashment of Privilege Leave and fixation of salary on promo tion.”
[F. No. S-14014/04/2022 -Ins.I]
MUKESH 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. 794(E), dated the 11th October, 1985 and were subsequently amended vide
G.S.R. 960(E), dated the 7th December, 1987, G.S.R. 493(E), dated the 22nd April, 1988, G.S.R. 872(E),
dated the 22nd August, 1988, G.S.R. 711(E), dated the 25th July, 1989, G.S.R. 816(E), dated the 11th October,
1990, G.S.R. 324(E), dated the 10th March, 1992, G.S.R. 53(E), date d the 2nd February, 1994, G.S.R. 597(E),
dated the 30th June, 1995, G.S.R. 94(E), dated the 16th February, 1996, G.S.R. 286(E), dated the 18th July,
1996, G.S.R. 530(E), dated the 27th August, 1998, G.S.R. 612(E), dated the 30th August, 1999, G.S.R.
550(E) , dated the 22nd June, 2000, G.S.R. 287(E), dated the 27th April,2004, G.S.R. 559(E), dated the 5th
September, 2005, G.S.R. 305(E), dated the 25th April,2007, G.S.R. 631(E), dated the 2nd September, 2009,
G.S.R. 824(E), dated the 8th October, 2010, G.S.R. 16(E), dated the 8th January, 2013, G.S.R. 28(E), dated the
14th January, 2016, G.S.R. 194(E), dated the 26th February, 2016, G.S.R. 402(E), dated the 31st May, 2019,
and G.S.R. 268(E), the dated 15th April, 2021.
NOTIFICATION
New Delhi, the 17th August , 2023
G.S.R . 611(E).— In exercise of the powers conferred by clause (cc) of sub -section (2) of 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 (Staff) Rules, 1960, namely:―
1. Short title and commencement. ― (1) These rules may be called the Life Insurance Corporation of India (Staff)
Amendment Rules, 2023.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Life Insurance Corporation of India (Staff) Rules, 1960, —
(a) in rule 19, in sub-rule 2(A), in clause (b), in sub -clause (i), in the first proviso, after the word “deputation”
the words “to overseas offices” shall be inserted;
(b) in rule 61, in clause (j), the following proviso shall be inserted, namely : -
“Provided that Saturdays, Sundays, restricted holidays and holidays, whether intervening, prefixed or suffixed,
shall not be counted as casual leave.”;
(c) for rule 62, the following shall be substituted, namely: -
“62. Casual Leave and Restricted Holidays. — (1) An employee may be granted casual leave upto a
maximum of twelve days during a calendar year.
(2) Subject to the provisions contained in first proviso to rule 64, any casual leave not availed of by an
employee shall lapse at the end of the calendar year.
(3) Casual leave can be availed for not more than six days at a time.
(4) In addition to holidays under the Negotiable Instruments Act, 1881 (26 of 1881), an employee may be
allowed to avail of not more than two restricted holidays in a calendar year, as per his choice, out o f the list
of restricted Holidays declared by the Central Government from year to year, subject to such choice of the
employee being submitted to the Corporation or Company before commencement of the calendar year
concerned.”;
(d) in rule 64, for the provisos the following provisos shall be substituted, namely : —
“Provided that the casual leave admissible to an employee under sub - rule (1) of rule 62 and not availed of
by him shall be converted into additional sick leave on full pay upto a maximum of two mont hs or on half
pay upto a maximum of four months during the entire period of his service to be availed of by him on
medical certificate:
Provided further that if an employee is suffering from any of the major diseases of cancer, leprosy. T.B.,
paralysis, m ental diseases, brain tumor, cardiac ailments or kidney diseases, he may be allowed special sick
leave on half pay for a period not exceeding six months if he has to his credit no sick leave admissible to
him.”.
[F. No. S-14014/04/2022 -Ins.I]
MUKESH 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 dated the 23rd July,1960, and was last amended vide number G.S.R No. 58(E) dated the 31st
January, 2022.
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and Published by the Controller of Publications, Delhi -110054.
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