Seventh Pay Commission News


'Seventh Pay Commission' - 112 News Result(s)

  • 7th Pay Panel Award To Spur Savings More Than Consumption: UBS

    7th Pay Panel Award To Spur Savings More Than Consumption: UBS

    Global brokerage UBS has taken a contrarian line to the general view that award of the Seventh Pay Commission hike would boost demand, saying the move is expected to drive savings more than consumption.

  • Railways To Maintain Distinct Identity: Suresh Prabhu

    Railways To Maintain Distinct Identity: Suresh Prabhu

    There will be no separate Rail Budget as the government on Wednesday decided to end the 92-year-old practice by merging it with the General Budget.

  • 7th Pay Commission: Panel Formed To Look Into Anomalies

    7th Pay Commission: Panel Formed To Look Into Anomalies

    A committee has been formed to look into various pay-related anomalies arising out of implementation of the Seventh Central Pay Commission recommendations.

  • 7th Pay Panel Recommendations: Departments Asked To Change Rules

    7th Pay Panel Recommendations: Departments Asked To Change Rules

    All central government departments have been asked to change service and recruitment rules to reflect recommendations of the Seventh Central Pay Commission.

  • BSNL Retirees Seek Seventh Pay Commission Benefits

    BSNL Retirees Seek Seventh Pay Commission Benefits

    Tamil Nadu Circle of All India BSNL Pensioners' Welfare Association on Tuesday urged the Centre to extend the benefits of 7th Pay Commission to BSNL retirees, who were also covered under the government pension scheme.

  • 7th Pay Commission: Departments Asked To Set Up Panels To Look Into Anomalies

    7th Pay Commission: Departments Asked To Set Up Panels To Look Into Anomalies

    All central government departments have been asked to set up committees to look into various pay-related anomalies arising out of the implementation of the Seventh Central Pay Commission recommendations.

  • Gold Demand May Pick Up In Second Half Of 2016: Experts

    Gold Demand May Pick Up In Second Half Of 2016: Experts

    Global economic crisis will continue to drive the demand for gold and silver worldwide, with appetite for the yellow metal likely to pick up in India in the second half of 2016 on the back of festive season and Pay Commission award, industry experts said.

  • Seventh Pay Commission Arrears Likely In August Salary: Report

    Seventh Pay Commission Arrears Likely In August Salary: Report

    The government may disburse Rs 34,600 crore to its employees in August salary as arrears due to implementation of the Seventh Pay Commission recommendations, India Ratings and Research said on Wednesday.

  • 7th Pay Commission: Gratuity Limit Doubled To Rs 20 Lakh. Where To Invest

    7th Pay Commission: Gratuity Limit Doubled To Rs 20 Lakh. Where To Invest

    On the recommendation of Seventh Pay Commission, the government has increased the gratuity limit to Rs 20 lakh from Rs 10 lakh. This is good news for government employees as they will get more money on retirement.

  • Salary Hike For President? Bureaucrats Will Soon Earn More Than Him

    Salary Hike For President? Bureaucrats Will Soon Earn More Than Him

    With the 7th Pay Commission's recommendations creating an anomalous situation in which the salary of the President is Rs 1 lakh less than that of the country's top-most bureaucrat, the Home Ministry has got down to drafting a proposal for raising the emoluments of the President, Vice President and governors.

  • Seventh Pay Commission: Cabinet To Decide On Allowances, Says Jaitley

    Seventh Pay Commission: Cabinet To Decide On Allowances, Says Jaitley

    The Union Cabinet will take a decision on the suggestions of a special committee which has been set up to look into the provision of allowances under the 7th Central Pay Commission recommendations, Finance Minister Arun Jaitley said on Tuesday.

  • 7th Pay Commission: Enhanced Pension, Arrears For Retirees By August-End

    7th Pay Commission: Enhanced Pension, Arrears For Retirees By August-End

    All pre-2016 retirees will get the benefits of 7th Central Pay Commission (CPC) recommendations like hike in pension and arrears by this month end, the government has said.

  • Pay Panel Recommendations May Stoke Inflation: Moody's

    Pay Panel Recommendations May Stoke Inflation: Moody's

    Inflation will remain moderate in the near term aided by normal monsoon but implementation of the seventh Pay Commission award could stoke prices, Moody's Investors Service said.

  • Durables, Auto To Gain From Rs 45,000 Crore Pay Panel Bonanza: Report

    Durables, Auto To Gain From Rs 45,000 Crore Pay Panel Bonanza: Report

    Sales of consumer durables and automobiles are to set witness a significant surge in the next couple of months as the government is expected to disburse an initial amount of Rs 45,000 crore in August and September to implement the 7th Pay Commission recommendations, says a report.

  • 7th Pay Commission: Minimum Pension Of Retired Central Government Staff Up 157%

    7th Pay Commission: Minimum Pension Of Retired Central Government Staff Up 157%

    Retired central government employees will now get a minimum pension of Rs 9,000, up 157.14 per cent from the current Rs 3,500, following implementation of the Seventh Pay Commission's recommendations.

  • Goa To Implement Seventh Pay Commission Recommendations From November 1

    Goa To Implement Seventh Pay Commission Recommendations From November 1

    Goa Chief Minister Laxmikant Parsekar has said the 7th Pay Commission recommendations would be implemented in the state from November 1.

  • Seventh Pay Commission Hike: Panel On Allowance To Meet Soon

    Seventh Pay Commission Hike: Panel On Allowance To Meet Soon

    The committee appointed to look into the allowances recommended by the 7th Pay Commission is scheduled to hold its first meeting this week while the payment of arrears will commence from this month, Finance Secretary Ashok Lavasa has said.

  • Seventh Pay Commission Arrears Soon. How To Claim Tax Relief

    Seventh Pay Commission Arrears Soon. How To Claim Tax Relief

    In Seventh Pay Commission bonanza, lakhs of central government employees will soon receive higher salaries and arrears in one go. This may result in an increase in the tax slab of many employees as they will receive arrears from January 1, 2016.

  • SBI Unveils Cheaper Home Loans For Seventh Pay Panel Awardees

    SBI Unveils Cheaper Home Loans For Seventh Pay Panel Awardees

    To attract beneficiaries of the 7th Pay Commission pay hike, State Bank of India (SBI) has launched cheaper home loan schemes for defence and other government employees with instalment tenure extending up to 75 years of age.

  • GST, 7th Pay Commission To Help Increase Demand In H2: Godrej Consumer

    GST, 7th Pay Commission To Help Increase Demand In H2: Godrej Consumer

    After witnessing a sluggish first half, FMCG firm Godrej Consumer Products Ltd (GCPL) expects demand to be better in the remaining period of the year with implementation of 7th Pay Commission and passing of GST likely to increase consumption.

  • 7th Pay Commission: Employees To Get Arrears In One Instalment

    7th Pay Commission: Employees To Get Arrears In One Instalment

    Last month, Finance Minister Arun Jaitley announced that the arrears will be paid this year.

  • 7th Central Pay Commission: Government To Set Up Anomalies Committees

    7th Central Pay Commission: Government To Set Up Anomalies Committees

    The Centre will set up anomalies committees to examine individual, post and cadre-specific anomalies arising out of implementation of the recommendations of seventh Central Pay Commission.

  • GST Hopes Send Nifty To 15-Month High: 10 Updates

    GST Hopes Send Nifty To 15-Month High: 10 Updates

    India stock markets surged today with Nifty hitting a 15-month high of 8,665 as hopes of the passage of GST Bill during the current monsoon session of Parliament lifted sentiments. The Sensex also rose over 200 points to an 11-month high of28,210.A rally in global equity markets also lifted the sentiment in domestic markets.

  • Chiefs Of Regulatory Bodies To Get Rs 4.5 Lakh Pay

    Chiefs  Of Regulatory Bodies To Get Rs 4.5 Lakh Pay

    Chiefs of regulatory bodies including Securities and Exchange Board of India (Sebi) and Telecom Regulatory Authority of India (TRAI) will now get a consolidated pay package of Rs 4.5 lakh per month, while their full-time members will get Rs 4 lakh each.

  • Government Says Not Appropriate To Compare 7th Pay Panel With Previous Ones

    Government Says Not Appropriate To Compare 7th Pay Panel With Previous Ones

    The government on Tuesday said it is "not appropriate" to compare the increase in minimum pay suggested by the 7th Central Pay Commission with that of the previous commissions.

  • Seventh Pay Commission Hike Notified: 10 Things To Know

    Seventh Pay Commission Hike Notified: 10 Things To Know

    The Finance Ministry has notified the salary hike based on Seventh Pay Commission recommendations. This means that lakhs of government employees will receive higher salaries likely from next month.

  • 7th Pay Commission: Government Notifies Revised Pay Grades For Employees

    7th Pay Commission: Government Notifies Revised Pay Grades For Employees

    Government has notified revised pay grades for the implementation of the 7th Pay Commission recommendations, giving government employees 2.57 times hike in basic pay.

  • Sonia Gandhi Targets Modi Government, Questions Its Performance

    Sonia Gandhi Targets Modi Government, Questions Its Performance

    Congress President Sonia Gandhi today hit out at the Narendra Modi government over price rise, unemployment, FDI, recommendations of the Seventh Pay Commission and questioned the GDP figures.

  • Over 6-8% Passenger Vehicle Sales Growth Seen In FY17: Industry Body

    Over 6-8% Passenger Vehicle Sales Growth Seen In FY17: Industry Body

    Growth in passenger vehicle sales may be higher than the 6-8 per cent forecast for the current fiscal year in view of a better outlook for the economy, a good monsoon and implementation of the Seventh Pay Commission recommendations, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.

  • Better Monsoon To Push Rural Demand, Help Fiscal Health: Icra

    Better Monsoon To Push Rural Demand, Help Fiscal Health: Icra

    With monsoon spreading across the country, domestic rating agency Icra said better rains will help push rural demand and may also benefit fiscal health of states and the Centre if demand for work under the MGNREGA scheme eases.

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