Railways seeks Rs 32k cr for 7th pay panel Railway Minister Suresh Prabhu has written to Finance Minister Arun Jaitley seeking Rs 32,000 crore during the next three to four years for implementing the seventh pay commission recommendations. Railways bear over 35 per cent of the amount spent on pay and allowances of the total […]
7th Pay Commission
7th Pay Commission – Pay panel leaves Army out in the cold
7th Pay Commission – Pay panel leaves Army out in the cold Scrimping on the allowances of Defence forces amounts to being penny-wise-pound-foolish, if not worse The Seventh Central Pay Commission (SPC) has submitted its report to the government recently. The repercussions of the report are now being felt on government finances. The Railways have, […]
Bunching benefit in Pay fixation is recommended by 7th pay commission in some situation
Bunching benefit in Pay fixation is recommended by 7th pay commission in some situation 7th Pay commission in its report stated at page 79 entitled Entry Pay, that,” Although the rationalization has been done with utmost care to ensure minimum bunching at most levels, however if situation does arise whenever more than two stages are […]
7th Pay Commission falls short on several counts
7th Pay Commission falls short on several counts The Seventh Pay Commission has recommended a 23.55% hike in the pay and allowances of government employees. The pay is likely to increase 16%, allowances 63% and pensions about 24%. This is less than the overall hike of the Sixth Central Pay Commission. From January 1, these […]
Taking Leave on 1-1-2016 will affect the effective date of Pay Revision
Implementation of 7th Pay Commission Recommendations– Taking Leave on 1-1-2016 will affect the effective date of Pay Revision A Department of Para Military Forces has informed its officials that Revision of Pay will be effected from 1st January 2016 only for those who are present on duty on 1st January 2016. If he goes on […]