Annual increment entitlement with prescribed timing, withholding only for disciplinary measures, and possible stagnation increments. Employees are entitled to an annual increment in their grade pay scale with prescribed effective dates tied to timing of appointment or promotion; ... Summary
Insolvency and Bankruptcy Board of India (Employees’ Service) Regulations, 2017
Annual increment entitlement with prescribed timing, withholding only for disciplinary measures, and possible stagnation increments.
Employees are entitled to an annual increment in their grade pay scale with prescribed effective dates tied to timing of appointment or promotion; increments may be withheld solely as a disciplinary measure under the disciplinary regulation, and the Board may grant stagnation increments to those at the last pay stage.
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