7th Pay Commission Hike
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Government Discontinues 7 Interest Free Advances For Employees
The Finance Ministry said bicycle advance, festival advance and natural calamity advance have been abolished.
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Cut In Interest-Free Advances Reduces Government Employee Benefits
The 7th pay commission gave government employees a hike in salaries, but a new recommendation by the panel has ended some of the age-old benefits that came with government jobs.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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'Not Appropriate' To Compare 7th Pay Panel With Previous Ones: Government
The government today said it is "not appropriate" to compare the increase in minimum pay suggested by the 7th Pay Commission with that of the previous commissions.
-
Government Discontinues 7 Interest Free Advances For Employees
The Finance Ministry said bicycle advance, festival advance and natural calamity advance have been abolished.
-
Cut In Interest-Free Advances Reduces Government Employee Benefits
The 7th pay commission gave government employees a hike in salaries, but a new recommendation by the panel has ended some of the age-old benefits that came with government jobs.
-
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.
-
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.
-
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
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
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
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.
-
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.
-
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%
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.
-
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.
-
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.
-
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.
-
'Not Appropriate' To Compare 7th Pay Panel With Previous Ones: Government
The government today said it is "not appropriate" to compare the increase in minimum pay suggested by the 7th Pay Commission with that of the previous commissions.
