There shall be two dates for grant of increment namely, 1st January and 1st July of every year. An employee shall be entitled to only one annual increment either on 1st January or 1st July depending on the date of his appointment, promotion or grant of financial upgradation.
The increment in respect of an employee appointed or promoted or granted financial upgradation including upgradation under MACP during the period between the 2nd day of January and 1st day of July (both inclusive) shall be granted on 1st day of January.
The increment in respect of an employee appointed or promoted or granted financial upgradation including upgradation under MACPs during the period between the 2nd day of July and 1st day of January (both inclusive) shall be granted on 1st day of July.