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 Seventh Pay Commission: SBI releases Rs 3,323 crore to Defence Pensioners

Seventh Pay Commission: SBI releases Rs 3,323 crore to Defence Pensioners

State Bank of India (SBI) on Monday said it has released arrears to the tune of Rs 3,323.24 crore of around 9.94 lakh defence pensioners under the 7th Pay Commission on December 29.

Final allowances for central govt employees under 7th Pay Commission likely to come in March: Fin Min official​

Final allowances for central govt employees under 7th Pay Commission likely to come in March: Fin Min official​

The struggle of central government employees unions seeking better allowances under 7th Pay Commission may be bearing fruit soon.

Demonetisation to pave way for higher allowances for central government employees?

Demonetisation to pave way for higher allowances for central government employees?

Central government employees seeking higher allowances under 7th Pay Commission are pinning hope on government hiking their allowances after dust settles on demonetisaion.

Bonanza for Central government employees: 7th Pay Commission recommendations rolled out

Bonanza for Central government employees: 7th Pay Commission recommendations rolled out

The government had in January 2016 had set up the high-powered panel to process the recommendations of the 7th Pay Commission which will have bearing on the remuneration of nearly 50 lakh central government employees and 58 lakh pensioners.

Salaries of Supreme Court, High Court judges likely to be hiked

Salaries of Supreme Court, High Court judges likely to be hiked

A Supreme Court judge at present gets Rs 1.5 lakh a month in hand after all deductions from salary and allowances.

'Raghuram Rajan too may have cut interest rate like Urjit Patel did'

'Raghuram Rajan too may have cut interest rate like Urjit Patel did'

Flamboyant former Reserve Bank Governor Raghuram Rajan too may have cut interest rates like his successor Urjit Patel did at his every first monetary policy review, said rating agency Fitch.

About Rs 2 lakh crore deposited till Saturday afternoon in banks: Arun Jaitley

Union Finance Minister Arun Jaitley said around Rs 2 lakh crore has been deposited till 12.15 pm on Saturday in banks across the country, following the demonetisation of Rs 500 and Rs 1,000 notes.

 

 

7th Pay Commission: No High Level Committee to examine recommendation on minimum Pay hike

7th Pay Commission: No High Level Committee to examine recommendation on minimum Pay hike

The government has denied forming any High Level Committee to look into minimum pay hike as recommended by 7th Pay Commission.

7th Pay Commission: Haryana govt to implement pay panel's recommendations from November 1

7th Pay Commission: Haryana govt to implement pay panel's recommendations from November 1

The announcement for the implementation of recommendations is expected to be made during Haryana Day celebrations in Gurgaon on November 1.

7th Pay Commission: Central govt staff acquiring higher qualification to get enhanced incentives

7th Pay Commission: Central govt staff acquiring higher qualification to get enhanced incentives

Here is all about enhanced incentives for the central government staff acquiring higher qualification.

7th Pay Commission: Modi govt's Diwali bonanza to armed forces! Indian Soldiers to get 10% arrears

7th Pay Commission: Modi govt's Diwali bonanza to armed forces! Indian Soldiers to get 10% arrears

Government is going to bring further cheers for the armed forces this Diwali, as it has decided to disburse 10 percent arrears to them on an ad hoc basis.

7th Pay Commission: Govt discontinues 7 interest free advances for employees

7th Pay Commission: Govt discontinues 7 interest free advances for employees

Government has discontinued seven interest free advances, including those for purchase of bicycle and warm clothing, in pursuance of recommendations of the 7th Pay Commission.

7th Pay Commision: Government crawls on allowances, wage revision issues

7th Pay Commision: Government crawls on allowances, wage revision issues

Once again Central government employees are ready to take on the government and are preparing to strike work as government remains slow in revising the 7th Pay Commission's recommendations on allowances, minimum wage and fitment formula.

7th Pay Commission: Government to vet revised pay of employees, recover the excess

7th Pay Commission: Government to vet revised pay of employees, recover the excess

The government has implemented the 7th Pay panel recommendation of a hike of 2.57 times in basic salary of employees with effect from January 1. It has paid about Rs 56,000 crore as wage arrears in August salary of employees.

Haryana government employees to soon get benefit of 7th Pay Commission

Haryana Finance Minister Abhimanyu has said the state government employees will soon get the benefit of the 7th Pay Commission as the committee constituted for its implementation will submit its report by October 20.

7th Pay Commission: Govt accepts recommendation on promotion; one minimum promotion every 10 years

7th Pay Commission: Govt accepts recommendation on promotion; one minimum promotion every 10 years

The Department of Personnel has released an office memorandum wherein it stated that there shall be one minimum promotion for every 10 years till 30 years of service.

7th Pay Commission: Revised allowances to be delayed till November due to surgical strikes

7th Pay Commission: Revised allowances to be delayed till November due to surgical strikes

Government has decided to delay the report on revised allowances till November following the surgical strikes that India carried out on seven terror launch pads across the LoC.

7th Pay Commission: Panel award to spur savings more than consumption, says UBS

7th Pay Commission: Panel award to spur savings more than consumption, says UBS

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.

7th Pay Commission to help revive investment activity in India: D&B

7th Pay Commission to help revive investment activity in India: D&B

Investment cycle is likely to see an improvement in medium-term largely driven by improved rural income due to normal monsoon and rise in consumption owing to the 7th Pay Commission awards, says a report.

7th Pay Commission: Indian soldiers to get new salaries in September pay

7th Pay Commission: Indian soldiers to get new salaries in September pay

Satisfied with assurances by Defence Minister Manohar Parrikar, Chairman of the Chiefs of Staff Committee (CoSC) Air Chief Marshal Arup Raha has issued directions to all service headquarters asking them to issue orders for implementation of the 7th Pay Commission.