ALL VETERANS ARE REQUESTED TO SEE THE WEB SITE & GIVE YOUR VALUABLE COMMENTS/SUGGESTIONSGet this Widget

Tuesday, 28 June 2016

7th Pay Commission latest news: Salary of central government employees to be hiked by 23.5 per cent

7th Pay Commission latest news: Salary of central government employees to be hiked by 23.5 per cent The basic salary hike has been revised only to 14.25 per cent. In 2008, the 6th Pay Commission had implemented a 20 per cent increase in the basic salary. By Mohammed Uzair Shaikh on June 28, 2016 at 12:38 AM  Email  New Delhi, June 27: Central government employees along with the pensioners will now finally reap the benefits of 7th Pay Commission recommendations. As per latest reports, the Committee of Secretaries, headed by Cabinet Secretary P K Sinha has recommended a hike of 23.5 per cent in salaries of government employees, along with pensions extracted by the retired personnels. With a hike of 23.5 per cent, the additional burden on state exchequer is expected to be Rs 1.02 lakh crores.  This could by far be the lowest salary hike implemented through any CPC recommendation. The basic salary hike has been revised only to 14.25 per cent. In 2008, the 6th Pay Commission had implemented a 20 per cent increase in the basic salary. The salary hike would impact nearly 53 lakh government employees, along with 47 lakh pensioners. Apart from the salary hike, the employees would also receive arrears, calculated from the month of January. (ALSO READ: 7th Pay Commission: Rs 70,000 crore allotted by Finance Ministry on basis of A K Mathur-led committee recommendations) As per the revisions made by Secretaries Panel, the minimum salary has been upgraded to Rs 18,000, whereas, the maximum salary has been capped at Rs 3,25,000. The original report of CPC was prepared by Justice A K Mathur in November. It was expected to be implemented from January. However, government decided to review the salary hike and formed the Secretaries Panel under P K Sinha. According to Finance Secretary Ashok Lavasa, the report has been finalized and the Cabinet note would soon be filed on the recommendations. A positive news is expected to break on June 29.  Modified Date: June 28, 2016 12:38 AM

Blog Archive

Disclaimer

The contents posted on these Web Site are personal reflections of the Viewers and do not reflect the views of the "Indian Military Veterans- Web" Team. Neither the "Indian Military Veterans -Web" nor the individual authors of any material on these Web accept responsibility for any loss or damage caused (including through negligence), which anyone may directly or indirectly suffer arising out of use of or reliance on information contained in or accessed through these Web.
This is not an official Web site. This forum is run by team of ex- Indian Army, Veterans for social networking of Indian Defence Veterans. It is not affiliated to or officially recognized by the MoD or the AHQ, or Government/ State.
The Indian Military Veterans Forum will endeavor to edit/ delete any material which is considered offensive, undesirable and or impinging on national security. The WebTeam is very conscious of potentially questionable content. However, where a content is posted and between posting and removal from the Web in such cases, the act does not reflect either the condoning or endorsing of said material by the Team.
Web Moderator: Capt KS Ramaswamy (Retd)

CLICK THE FOLLOWING LINK FOR 6 thCPC CIRCULARS & ORDERS

ENHANCED PENSION FOR EX-SERVICEMEN REFER IMPLIMENTATION CIRCULARS CLICK THE FOLLOWING LINK

KNOW YOUR LATEST PENSION:- EX-SERVICEMEN PBOR , COMMISSIONED OFFICERS, DEFENCE CIVILIANS,NON-COMBAT

KNOW MORE ABOUT YOUR AIR FORCE PENSION BENEFITS

CLICK BELOW LINK FOR EX-SERVICEMEN LATEST IMPORTANT CIRCULAR

TO REFER 7TH PAY COMMISSION GAZETTE NOTIFICATION CLIK THE LINK BELOW

CLICK THE LINK BELOW FOR LATEST NEWS OF LIC/GIC PENSIONERS

PRE- 2006 CENTRAL GOVT PENSIONERS PENSION HIKED

SIXTH PAY COMMISSION IMPLEMENTATION CABINET RESOLUTION

KNOW YOUR DEFENCE PENSION:- PBOR, OFFICERS & DEFENCE CIVILIANS CLICK BELOW

LIC PENSIONERS KNOW YOUR PENSION RULES

GIC PENSIONERS KNOW YOUR PENSION RULES

CLICK ON TO THE LINK GIVEN BELOW TO REFER THE PRE-2006 PENSIONERS CASE PENDING IN DIFFERENT COURTS

AUTHORITY FOR RE-EMPLOYED EX-SERVICE MEN TO DRAW PENSION FROM MILITARY & CIVIL-CLICK BELOW

TO REFER THE 7TH PAY COMMISSION MEETINGS & PROGRESS CLICK LINK BELOW

CG EMPLOYESS PENSION CHART ON MODIFIIED PARITY BASIS AS PER CAT JUDGEMENT

Reservation Policy for Ex-Servicemen in Central Govt Ministries/Deptt, Banks, PSU & CPMFs - Design

Grant of Ex-servicemen status to recruits boarded out on Medical grounds with disability pension.

TO REFER OROP CIRCULAR ISSUED BY PCDA ALLAHABAD

CENTRAL GOVT PENSIONERS CLEAR YOUR DOUBTS ON PENSION

PENSION GRANTED EVEN AFTER DISMISSAL FROM IAF REFER DETAILS BELOW

A LIBRARY FOR THE REFERENCE OF EX-SERVICEMEN

CGDA PENSION PORTAL FOR EX-SERVICEMEN

CENTRAL GOVT PENSIONERS OTHER THAN MINISTRY OF DEFENCE & RAILWAYS CLICK THE FOLLOWING LINK(CPAO

WELCOME TO SUPREME COURT CASE DISPLAY BOARD

Resources


JOIN SITE AS MEMBER AS ABOVE & TYPE YOUR E-MAIL ADDRESS HERE FOR AUTO E-MAIL UPDATES