Here’s how the 7th Pay Commission can affect your pay, most likely from August 2016! The 7th pay commission has everything to make a central government employee happy and satisfied! The Commission is most likely to decide on a 30% hike on the basic pay. The minimum basic monthly salary recommended by the Commission was Rs 18000 and a 30% hike will make it to Rs … [Read more...] about Here’s how the 7th Pay Commission can affect your pay, most likely from August 2016!
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Rs 70000 Crore Allocated For 7th Pay Commission in Budget 2016
Rs 70000 Crore Allocated For 7th Pay Commission in Budget 2016 As much as Rs 70,000 crore has been provisioned in the Union Budget 2016-17 for implementation of Seventh Pay Commission for government employees, a top finance ministry official said. While the Budget did not provide an explicit overall provision number, the government had said the Seventh Pay Commission hike … [Read more...] about Rs 70000 Crore Allocated For 7th Pay Commission in Budget 2016
7th Pay Commission likely to recommend up to 30% pay hike
7th Pay Commission likely to recommend up to 30% pay hike 7th Pay Commission likely to recommend up to 30% pay hike – There will be 5 to 6% performance-based increment every year and those who are under-performing could retire by 55 years of age or after 30 years of service, added sources. House Rent Allowance could also be hiked by 10% to 30%. The government constitutes … [Read more...] about 7th Pay Commission likely to recommend up to 30% pay hike
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