Regulation 25A - Grant of increment on promotion grade - Securities And Exchange Board Of India (Employees' Service) Regulations, 2001

1 [Grant of increment on promotion grade 25 A. (1) Without prejudice to anything contained in regulation 24, where an employee is promoted to a higher grade on or after November 1, 2012,- (a) before reaching the maximum of the incremental scale in the pre-promotional grade, the date of the next increment in the promotional grade shall be the date of increment as existing in the pre-promotional grade. (b) after having reached the maximum of the incremental scale in the pre-promotional grade, the date of the next increment in promotional grade shall be one year from the date of promotion: Provided that after having reached the maximum of the incremental scale in the pre-promotional grade, in cases where the officer promoted was due to receive, any post scale benefits such as personal allowance and stagnation increment in the pre-promotional grade within one year from the date of actual promotion, the date of increment in the promotional grade shall be the date of accrual of such post scale benefit.] ************* NOTES:- 1 Inserted by SEBI (Employees Service) (Third Amendment) Regulations, 2017 w..e.f. 13-7-2017.