7th Assam Pay Commission : Employee Benefits : Budget 2017-18 Recommendations of 7th Assam Pay and Productivity Pay Commission have been accepted by and large and will be implemented from 1st of April 2016. Government will pay the arrear of Rs 2200 crore from 1st April 2016 in installments. The rst instalment of the arrears will […]
Budget 2017
Budget 2017 – New Benefits announced for NPS Subscribers
Budget 2017 – New Benefits announced for NPS Subscribers PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY PRESS RELEASE In a bid to provide further impetus to the National Pension System (NPS), the following provisions have teen introduced in the Finance Bill 2017 laid down in the Parliament today. 1. Tax-exemption to partial withdrawal from National Pension […]
7th Pay Commission Allowances Likely After Union Budget 2017
7th Pay Commission Allowances Likely After Union Budget 2017 Some analysts are hopeful that the government will implement Seventh Pay Commission-related allowance hikes after the Budget 2017, which is scheduled for February 1. The Centre implemented the Seventh Pay Commission (CPC) pay hikes in September 16 and is expected to implement the allowance hikes in […]
Grant HRA at the Rate of 30%, 20% & 10% of 7th CPC Pay – NFIR Budget Proposal
Grant HRA at the Rate of 30%, 20% & 10% of 7th CPC Pay – NFIR Budget Proposal General Budget 2017-18 – NFIR’s proposals for consideration No.IV/Budget/Part III 23.01.2017 Shri Arun Jaitley, Hon’ble Minister of Finance, North Block, New Delhi. Dear Sir, Sub: General Budget 2017-18 – NFIR’s proposals for consideration The National Federation of […]