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of <h1>Regulation 20: Pay Increase for Promoted Employees in New Pay Scale Ensures Structured Salary Growth</h1> The Insolvency and Bankruptcy Board of India (Employees' Service) Regulations, 2017, under Regulation 20, addresses the fixation of pay upon an employee's promotion. When an employee is promoted to a higher grade, their pay is adjusted to the next higher stage in the new pay scale, above what they were earning in their previous scale. This regulation ensures a structured increase in pay corresponding to the employee's advancement to a higher grade.
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