7th Pay Commission: Guess who else is going to benefit from Central Government Employees Pay Hike! It is not just Central government employees eagerly anticipating implementation of the 7th pay commission and take home higher monthly pay package. Your next-door real estate agent, car dealer and consumer durables seller are also seen gaining from the pay … [Read more...] about 7th Pay Commission: Guess who else is going to benefit from Central Government Employees Pay Hike!
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7CPC
Innovative approach: Government staff’s pay hikes may fund bank capitalisation
The government is considering an innovative proposal under which 50% of increased salary of higher-income government staff under the Seventh Pay Commission will be compulsorily invested in bank capitalisation bonds. The proceeds will be used to recapitalise banks without additional pressure on the fiscal. While this will result in less cash in the hands of higher-income … [Read more...] about Innovative approach: Government staff’s pay hikes may fund bank capitalisation
One Rank One Pension – Nipping 7th CPC Anomalies In The Bud
The following questions arises from the recommendations of the 7th pay commission in relation to pensions of pre 01 January 2016 retirees of the defence services. One Rank One Pension – Nipping 7th CPC Anomalies In The Bud – It may be fitting for services HQs and veterans associations to take up these specific issues for rationalization. one rank one pension The following … [Read more...] about One Rank One Pension – Nipping 7th CPC Anomalies In The Bud
7th Pay Commission award to stoke inflation, push up GDP: RBI report
7th Pay Commission award will put an upward pressure of 1-1.5 per cent on inflation, but is expected to boost GDP by around 40 bps during the current fiscal, RBI said in a report today. At the same time, the central bank remained confident of meeting its March 2017 retail inflation target of 5 per cent. “Assuming that the government implements the 7th Pay commission … [Read more...] about 7th Pay Commission award to stoke inflation, push up GDP: RBI report
7th Pay Commission Latest News – Don’t think 7th CPC Suggestions will Remain – Parrikar
7th Pay Commission Latest News – Don’t think 7th CPC Suggestions will Remain – Parrikar “The seventh Pay Commission is in the form of recommendations. I do not think they (recommendations) will remain. I do not consider them as finalities. I have flagged them and will flag them properly at the right level,” said the defence minister. 7th Pay Commission Latest News – Don’t … [Read more...] about 7th Pay Commission Latest News – Don’t think 7th CPC Suggestions will Remain – Parrikar
Non-IAS officers meet Union minister over 7th Pay Commission Empowered Committee issues
Non-IAS officers meet Union minister over 7th Pay Commission Empowered Committee issues A confederation of non-IAS officers association met Union Minister Jitendra Singh on Sunday and requested him to alter the composition of a high-powered panel created recently to process the recommendations of the 7th Pay Commission as they were “apprehensive” of its neutrality. The … [Read more...] about Non-IAS officers meet Union minister over 7th Pay Commission Empowered Committee issues
Finance Ministry Inspectors Furious over 7th Pay Commission Recommendation
Finance Ministry Inspectors Furious over 7th Pay Commission Recommendation – The agitated inspectors claim that they will be drawing less salary than inspectors attached to other ministries. The 7th pay commission has recommended for Income Tax, Central Excise and Customs and Service Tax department which works under finance ministry, a grade pay of Rs.4600. However for CBI, … [Read more...] about Finance Ministry Inspectors Furious over 7th Pay Commission Recommendation
CG Employees Begin Countdown for Implementation of 7th CPC Recommendations
As per the reports received, the 7th Pay Commission Pay recommendations may be notified in June after the model code of conduct of states polls which in place is in place till 21st May 2016, said , P.S.Prasad General Secretary, Confederation of Central Government Employees and Workers Karnataka State. Central Government Employees Begin Countdown for Implementation of 7th CPC … [Read more...] about CG Employees Begin Countdown for Implementation of 7th CPC Recommendations
Military seethes at 7th Pay Commission Suggestions
The 7th Pay Commission recommendations, have aroused bitter resentment within the military. On March 11, the three service chiefs made a presentation to the “Empowered Committee of Secretaries”. Military seethes at 7th Pay Commission Suggestions – The military chiefs have argued strongly before the “Empowered Committee” that the military – which they term “the instrument of … [Read more...] about Military seethes at 7th Pay Commission Suggestions
6th Pay Commission Dearness Allowance ends with 6% hike at 125%
6th Pay Commission Dearness Allowance ends with 6% hike at 125% Cabinet approves 6 percent Dearness Allowance hike for Central Government employees “In the 7th Pay Commission report, submitted to the government on 19.11.2015, it was mentioned that the DA is assumed to be 125 percent as on 1 January, 2016, the day from which the Commission expects its recommendations to … [Read more...] about 6th Pay Commission Dearness Allowance ends with 6% hike at 125%
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