‘Notification on ‘7th Pay Commission’ next week’ New Delhi: The notification on 7th Pay Commission might be issued next week and the government employees will start receiving new pay cheques from this month. The top Finance Ministry officials on Thursday said that notification in this regard is expected to be issued next week. The union cabinet had on Wednesday … [Read more...] about 7th Pay Commission might be issued next week and the government employees will start receiving new pay cheques
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7th Pay Commission: Rs 70,000 cr allocated for its implementation in Budget 2016
7th Pay Commission: Rs 70,000 cr allocated for its implementation in Budget 2016 7th pay Commission: “We have provisioned for around 60-70 per cent of the total burden that was talked about,” a finance ministry official said. Around Rs 70,000 crore has been provisioned in the Union Budget 2016-17 for the implementation of the Seventh Pay Commission for government … [Read more...] about 7th Pay Commission: Rs 70,000 cr allocated for its implementation in Budget 2016
Financial obligations due to implementation of OROP and 7th CPC Recommendations in the coming financial year – Finance Minister
Financial obligations due to implementation of OROP and 7th CPC Recommendations in the coming financial year – Finance Minister Finance Minister: Due to various policy measures undertaken by the present Government, Indian Economy has achieved robust growth rate despite volatility and uncertainty in global economy; asks Captains of Indian Trade and Industry to come forward … [Read more...] about Financial obligations due to implementation of OROP and 7th CPC Recommendations in the coming financial year – Finance Minister
7th Pay Commission faces pay gap problem
7th Pay Commission faces pay gap problem New Delhi: 7th Pay Commission faces serious challenge in submitting its recommendation to government till December for hiking salaries and allowances for central government employees as the employees’ unions test its account of controversial pay gap between top and bottom level government officials. The previous pay commission … [Read more...] about 7th Pay Commission faces pay gap problem
Appeals to Trade Unions to Reconsider Call for Proposed Strike Tomorrow : Bandaru Dattatreya
Government Working Positively on 9 of the 12 Demands of Trade Unions : Bandaru Dattatreya Appeals to Trade Unions to Reconsider Call for Proposed Strike Tomorrow Shri Bandaru Dattatreya, the Minister of State(IC) for Labour and Employment held a press conference here today. Elaborating on the initiatives and continuing efforts of the Government to address the … [Read more...] about Appeals to Trade Unions to Reconsider Call for Proposed Strike Tomorrow : Bandaru Dattatreya
Arun Jaitley on OROP – Annual pension revision do not happen anywhere in the world
Arun Jaitley on OROP – Annual pension revision do not happen anywhere in the world “For the first time, a clause in OROP was openly rejected. The Finance Minister has refused to give annual increment for pensioners like servicemen get.” “The task of the finance minister is very much like the housewife’s. She has to spend each and every rupee wisely to make sure that there … [Read more...] about Arun Jaitley on OROP – Annual pension revision do not happen anywhere in the world
Government proposes income tax benefits for credit and debit card payment
Government proposes income tax benefits for credit and debit card payment New Delhi: The government on Monday proposed income tax benefits for people making payments through credit or debit cards and doing away with transaction charges on purchase of petrol, gas and rail tickets with plastic money. FM Jaitley, in his budget speech, had said that the government would … [Read more...] about Government proposes income tax benefits for credit and debit card payment
Salary Revision for Officer Employees of Public Sector Banks governed by Officer’s Service Regulation – 10th Bipartite Settlement for period 1.11.2012 to 31.10.2017
Finance Ministry approved 10th Bipartite Settlement Wage Revision for Bank employees for period 1.11.2012 to 31.10.2017 Salary Revision for Officer Employees of Public Sector Banks governed by Officer’s Service Regulation – 10th Bipartite Settlement for period 1.11.2012 to 31.10.2017 Government of India Ministry of Finance Department of Financial Services Jeevan Deep. … [Read more...] about Salary Revision for Officer Employees of Public Sector Banks governed by Officer’s Service Regulation – 10th Bipartite Settlement for period 1.11.2012 to 31.10.2017
Black money bill passed; Government warns those having illegal assets
Black money bill passed; Government warns those having illegal assets New Delhi: A bill to deal with black money stashed abroad was passed by Parliament today with government warning those having such assets to utilise the ‘compliance window’ or have sleepless nights once the global automatic information exchange system comes into effect in 2017. Finance Minister Arun … [Read more...] about Black money bill passed; Government warns those having illegal assets
Government to soon bring bill to curb benami transactions
Government to soon bring bill to curb benami transactions New Delhi: A new Benami bill, aimed at curbing generation of domestic black money, will soon be brought before the Cabinet, government told the Lok Sabha today. “As regards the Benami Bill, the redrafted Act is at a very advanced stage… A more modern Benami bill has been drafted. It will reach the … [Read more...] about Government to soon bring bill to curb benami transactions
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