Central pay commission News
Government employees argue that even after the increase in DA, there should be an increase in the basic salary because the salary increases on this basis. Earlier it was reported that the central government is also likely to hike the dearness allowance (DA) of government employees in March 2023, effective January 1.
The govt employees of new union territories of Jammu and Kashmir and Ladakh will now get salaries as per the recommendations of 7th Pay Commission.
Global brokerage UBS has taken a contrarian line to the general view that the 7th Pay panel award would boost demand, saying the move is expected to drive savings more than consumption.
All states were today asked to send their comments on the proposed recommendations by Seventh Central Pay Commission related to hike in salaries of IAS and IPS officers.
As a last-ditch effort to get a better pay hike under the 7th Pay Commission, central government employees have decided to go on strike from July 11.
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.
As the government continues its search for new heads of two key regulators SEBI and CCI, the Seventh Pay Commission has recommended guarding their salaries against inflationary erosion.
The Pay panel has also recommended introduction of the Performance Related Pay (PRP) for all categories of central government employees.
The Union Cabinet had extended the term of the panel in August by four months till December.
Lets have a look at the key expectations of Seventh Pay Commission.
The recommendations of the 7th Pay Commission are scheduled to take effect from January 1, 2016.
The recommendations of the 7th Pay Commission are scheduled to take effect from January 1, 2016.
Lets have a look at the important things you need to know about the pay commission.
The Commission will submit its final report to the Finance Minister Arun Jaitley on Thursday.
The 7th Pay Commission is likely to recommend an average 15 percent hike in salary which is due for implementation from January 1, 2016.
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