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Regulation 35 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Before commencing leave, an employee must intimate the Competent Authority of the locations at which she will be present and provide contact details. Any change to a previously furnished location must be communicated. Location denotes a broad geographical area, namely a state for travel within India or a country for travel outside India.
Regulation 34 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Employee leave commences on the first working day immediately after the last working day on which the employee reported for duty. Leave terminates on the working day immediately before the employee resumes duty after returning from leave. The applicable starting and ending points are tied to the working days surrounding the employee's duty status.
Regulation 33 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Leave is not claimable as a matter of right. The Competent Authority may refuse or revoke any category of leave and recall an employee on leave due to work exigencies or in the Authority's interest. An employee may resume duty before expiry of sanctioned leave by intimating the Competent Authority. Unless specifically preserved, leave credited to an employee lapses on cessation of service.
Personal-search safeguards under the NDPS Act can shape bail eligibility where seizure records fail to establish statutory apprisal.
Section 50 of the NDPS Act requires a person facing a personal search to be clearly informed of the option of search before a Magistrate or Gazetted Officer. Where contraband is recovered from clothing, omissions in seizure records and unsupported notices may raise doubt about compliance. That doubt can support the reasonable-grounds limb of the statutory bail test, while lack of criminal antecedents may support the non-reoffending limb.
Regulation 32 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Leave approval under the International Financial Services Centres Authority (Employees' Service) Regulations, 2026 vests in the Competent Authority. Regulation 32 assigns that authority the power to grant leave, making it the designated decision-maker responsible for exercising leave-granting power within the employee service framework.
Regulation 31 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Leave entitlement includes casual, ordinary, sick, special, maternity or paternity, extraordinary, accident, study, compensatory, and other Authority-specified special leave. Leave pay is drawn at the full or half rate applicable to the leave type, but no pay is admissible during extraordinary leave.
Regulation 30 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Employee domicile requirements mandate a written domicile declaration upon appointment. Where the declared domicile differs from the employee's place of birth, the employee must establish that domicile to the satisfaction of the Competent Authority. A declared domicile may be altered only where the employee demonstrates that the change is bona fide and does not increase the Authority's cost.
Regulation 29 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Where promotion occurs before the employee reaches the maximum of the incremental scale in the pre-promotional grade, the next increment in the promotional grade falls on the same increment date that applied in the pre-promotional grade. Where the employee has reached that maximum, the next increment falls one year from the date of promotion, subject to alignment with the accrual date of qualifying post-scale benefits.
Regulation 28 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Pay on promotion or officiating appointment in a higher grade is fixed at the stage equal to or immediately above lower-grade pay after one notional increment. Employees drawing maximum lower-grade pay receive a notional addition equivalent to the last increment in that grade. Lower pay may be fixed for a justified temporary promotion. Earlier higher-grade service after reversion counts for subsequent pay fixation and increments, while specified post-scale benefits accruing within one year may determine the promotional-grade increment date.
Regulation 27 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Annual increments accrue at every scale stage for probationary, officiating and substantive service and are payable from the first day of the month of accrual. Deputationists ordinarily follow the Authority joining date, but may retain the lending organisation's increment date where equivalent pay structures apply and a loss of last-drawn pay would otherwise result. Leave without pay generally does not count, subject to authorised or medically supported exceptions. Increment withholding is confined to disciplinary action, while efficiency-bar progression requires fitness certification.
Regulation 26 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Compensatory allowance, excluding pay, may be granted to a whole-time employee required to work on holidays or extra hours on working days for the Authority's work. Compensatory leave may be permitted instead of allowance for holiday work. The Chairperson determines the payment rate and circumstances for payment.
Regulation 25 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Allowances are payable only where an employee fulfils the conditions governing entitlement to the particular allowance under the International Financial Services Centres Authority (Employees' Service) Regulations, 2026.
Regulation 24 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Pay and allowances cease to accrue when an employee ceases to be in service. For dismissal, removal, or compulsory retirement, cessation takes effect on the respective date of separation. Where an employee dies while in service, pay and allowances cease from the day after death.
Regulation 23 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Part-month pay and allowances are not payable to an employee who leaves or discontinues service during a month without giving due notice. Entitlement to those benefits for the relevant part of that month is conditioned on giving due notice. The restriction does not operate where the Competent Authority waives the notice period, allowing payment of pay and allowances for that part of the month.
Regulation 22 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Pay and allowances accrue from the commencement of an employee's service and are payable on the afternoon of the last working day of each month for services performed during that month. An employee taking ordinary leave, excluding extraordinary leave, for at least one month may apply for advance payment of one month's pay and allowances.
Regulation 21 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Regulation 21 empowers the Authority to determine, at its discretion and from time to time, the pay and allowances applicable to different categories of employees. It also permits the Authority to frame welfare schemes and grant other employee benefits on terms and conditions determined at its discretion. These discretionary powers govern compensation and welfare-related benefits for employees in different categories.
Regulation 20 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Reversion of an employee promoted to a higher grade may occur during the one-year probationary period if performance is unsatisfactory or for other reasons recorded in writing. Reversion returns the employee to the grade from which promotion was made. The Competent Authority may, at its discretion, give one month's advance notice before effecting the reversion; advance notice is therefore not prescribed as a compulsory precondition.
Regulation 19 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Promotion, upgradation and switchover are governed by applicable policies, with a minimum three-year service requirement for promotional consideration. Promotions against sanctioned vacancies are based on seniority, merit and suitability for officers, and seniority-cum-fitness for Multi-Tasking Staff. Qualified Multi-Tasking Staff may seek switchover to Grade A officer positions through a departmental test and interview. Departmental Promotion Committee recommendations preserve feeder-grade seniority for employees found fit, while an employee superseded by a junior cannot later claim seniority over that junior.
Regulation 18 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Direct recruits and employees entering the officer cadre through internal switch-over ordinarily rank by their selection-batch ranking. Absorbed deputationists rank from their date of joining on deputation and may be absorbed only in their initial deputation grade. Deputation service in the Authority counts for seniority and promotion, but prior parent-organisation service does not count for seniority. Leave without pay ordinarily counts unless excluded by a recorded direction, and an annual seniority list must be circulated.
Regulation 17 of the International Financial Services Centres Authority (Employees' Service) Regulat...
Record-of-service maintenance requires the Authority to keep a service record for every employee. Records must be maintained at the place or places determined for that purpose and must follow the form and include the information specified by the Competent Authority. The framework assigns responsibility for prescribing the record's format and informational content to the Competent Authority.