Seventh Pay Commission: If not hefty pay hike, govt likely to restore allowances
Some good news for government employees anticipating Centre's response to their demands on salary hike! As per reports, government may agree to restore some of the allowances that were subsumed by the 7th Pay Commission's recommendations.
Mar 05, 2016, 13:21 PM IST
7th Pay Commission: Modi government to implement salary hike in FY 2016-17
The Budget documents state that the implementation of the Seventh Pay Commission due from January 1, 2016 is to be implemented during the financial year 2016-17.
Mar 03, 2016, 20:25 PM IST
7th Pay Commission: Salary hike unlikely to destabilise prices, says Economic Survey
The Survey noted expected wage bill (including railways) will go up by around 52 percent under the Seventh Pay Commission vis-a-vis 70 percent under the 6th pay commission.
Feb 26, 2016, 15:05 PM IST
Pay hikes in 2016 to be slightly lower at 10.3%: Study
Employees in India can expect an average pay increase of 10.3 percent across various job roles in 2016 with chemicals and high technology industries likely to lead the market in terms of salary hikes.
Feb 23, 2016, 14:13 PM IST
7th Central Pay Commission: Good news! Ministries can raise afresh salary hike demand
Ministries and departments can raise afresh the demand for pay revision if they find that some of the justified suggestions made by the staff associations were not accepted by the 7th Central Pay Commission.
Feb 04, 2016, 20:05 PM IST
New Year 2016 to bring 'achche din'; job market to see more hiring, better increment
For the coming year 2016, HR experts forecast pay hikes of 12-15 percent across various sectors, while top talent can look forward to up to 30 percent increase in pay packets.
Dec 13, 2015, 17:03 PM IST
From first to seventh Pay Commission: Know how much salary has increased
7th Pay Commission Report: Know how much salary of central government employees has increased over the years (From 1947 to 2016).
Nov 25, 2015, 13:57 PM IST
7th Pay Commission report: Five key innovative recommendations
Here are the 5 innovative recommendations of 7th Pay Commission report.
Nov 24, 2015, 12:38 PM IST
7th Pay Commission suggestions to be demand booster; but lag on fiscal path: Ind-Ra
The Seventh Pay Commission award will be a demand booster to the economy, but it may pose a serious challenge to the government's fiscal consolidation path, ratings firm Ind-Ra said has said.
Nov 21, 2015, 16:38 PM IST
7th Pay Commission report: Reactions from rating agencies and brokerages
Here are the reactions from various rating agencies and brokerages on 7th Pay Commission report.
Nov 21, 2015, 12:08 PM IST
7th Pay Commission report: Reactions from trade unions
Here are the reactions from various trade unions on 7th Pay Commission report.
Nov 21, 2015, 11:32 AM IST
Pay Commission recommendations not to impact govt finances: Sinha
Fiscal deficit in 2014-15 was 4 percent of GDP.
Nov 20, 2015, 20:11 PM IST
7th Pay Commission recommends child care leave for single male parent
CCL is granted to women employees for a maximum period of two years.
Nov 20, 2015, 19:55 PM IST
Pay hike won't breach fiscal deficit targets: Finance Ministry
A day after the Pay Commission proposed 23.55 percent rise in salaries and pensions of central government employees, the Finance Ministry on Friday expressed confidence that the fiscal deficit targets will not be breached because of absorbing the Rs 1.02 lakh crore bill.
Nov 20, 2015, 16:16 PM IST
7th Pay Commission report: OVERVIEW
Here is the overview of 7th Pay Commission report.
Nov 20, 2015, 14:01 PM IST
'7th Pay Commission proposals to challenge fiscal consolidation maths'
The recommended 23.55 percent hike in remuneration for central government employees, if fully implemented, will add to the challenges the government faces in achieving its fiscal consolidation target, Fitch Ratings said.
Nov 20, 2015, 12:41 PM IST
Share Bazaar Live: 7th Pay Commission Special Report
7th Pay Commission hands over the report to the Finance Minister, Arun Jaitley. Check out all about the report in this segment.
Nov 20, 2015, 11:55 AM IST
7th Pay Commission report: Financial implications
The total impact of the Commission’s recommendations are expected to entail an increase of 0.65 percentage points in the ratio of expenditure on (Pay+Allowances+ Pension) to GDP compared to 0.77 percent in case of 6th Pay Commission.
Nov 20, 2015, 11:07 AM IST
7th Pay Commission report: House Rent Allowance
The 7th Pay Commission has recommended that HRA be paid at the rate of 24 percent, 16 percent and 8 percent of the new Basic Pay for Class X, Y and Z cities respectively.
Nov 20, 2015, 10:00 AM IST
Key facts of 7th Pay Commission report
7th Pay Commission Report: Rate of house rent allowance be revised to 27 percent, 18 percent and 9 percent when dearness allowance crosses 50 percent, and to 30 percent, 20 percent and 10 percent when it crosses 100 percent.
Nov 20, 2015, 09:38 AM IST
