Military Service Pay (MSP) The defence forces personnel, in addition to their pay as per the Matrices above, will be entitled to payment of Military Service Pay for all ranks up to and inclusive of Brigadiers and their equivalents. The Commission recommends an MSP for the four categories of Defence forces personnel at Rs.15,500 for the Service Officers, Rs.10,800 for … [Read more...] about Military Service Pay (MSP) for Defence Forces Personnel
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7th CPC
7th Pay Commission Basic Pay Calculation Method in brief with illustration
7th Pay Commission Basic Pay Calculation Method in brief with illustration Know Easy steps to Calculate your 7th Pay Commission New Pay Scale 7th Pay commission simplified the calculation for arriving revised Pay through new 7th CPC Pay Metrix We here illustrate the method through easy 6 Steps to calculate our 7th CPC New Pay and Allowances to know your self Lat us … [Read more...] about 7th Pay Commission Basic Pay Calculation Method in brief with illustration
7th CPC: Recommended Transport Allowance (TPTA)
7th CPC: Recommended Transport Allowance (TPTA) Transport Allowance (TPTA) is granted to cover the expenditure involved in commuting between place of residence and place of duty. The existing rates are as under: The following rates of Transport Allowance are recommended: Regarding the optimal rate of Transport Allowance, the Commission notes that … [Read more...] about 7th CPC: Recommended Transport Allowance (TPTA)
7th CPC Pay Fixation with examples
7th CPC Pay Fixation with examples Pay Fixation in the New Pay Structure : The fitment of each employee in the new pay matrix is proposed to be done by multiplying his/her basic pay on the date of implementation by a factor of 2.57. The figure so arrived at is to be located in the new pay matrix, in the level that corresponds to the employee’s grade pay on the date of … [Read more...] about 7th CPC Pay Fixation with examples
7th Pay Commission Standard Pay Scale : Pay matrix with distinct Pay Levels
7th Pay Commission Standard Pay Scale : Pay matrix with distinct Pay Levels Seventh CPC is recommending a Pay matrix with distinct Pay Levels instead of Running Pay bands and Grade Pay. The new pay matrix for civilian employees The new pay matrix for civilian employees Authority: http://7cpc.india.gov.in/ … [Read more...] about 7th Pay Commission Standard Pay Scale : Pay matrix with distinct Pay Levels
Great News for Central Government Employees! 7th Pay Commission likely to propose 23% salary hike today
Great News for Central Government Employees! 7th Pay Commission likely to propose 23% salary hike today New Delhi: In a bonanza for central government employees, the 7th Pay Commission is likely to recommend on Thursday a 22-23 percent jump in their salary and allowances, according to sources. The Pay Commission headed by Justice A K Mathur has suggested a 15 percent … [Read more...] about Great News for Central Government Employees! 7th Pay Commission likely to propose 23% salary hike today
7th Pay Commission to submit report on November 19 (Tomorrow 19.30 Hrs.)
7th Pay Commission to submit report on November 19 (Tomorrow 19.30 Hrs.) “Once every ten years, the salaries and perks of Central Government employees are completely revised. The previous revision was implemented on 01.01.2006. The new set of salaries and benefits will come into effect from 01.01.2016 onwards.” The 7th Pay Commission, under the chairmanship of Justice … [Read more...] about 7th Pay Commission to submit report on November 19 (Tomorrow 19.30 Hrs.)
Impact of 7th pay commission very different from last one
Impact of 7th pay commission very different from last one With investments sluggish and unlikely to pick up for another year or two, many are now betting on a recovery in consumption demand to bump up GDP. The feeling is falling interest rates will prompt purchases of homes and cars, and that central government employees could turn out to be big buyers once their bank … [Read more...] about Impact of 7th pay commission very different from last one
7th CPC Issues and Expectations
7th Central Pay Commission Issues and Expectations of Central Government Employees. Every ten years, the Central Government of India sets up a Central Pay Commission (CPC) to revise the pay scales of its employees. Since these pay scales are largely adopted by state governments as well, they influence the income of millions of households.During 2013, time seemed to be … [Read more...] about 7th CPC Issues and Expectations
DMRC Staff say their demand for Salary Restructuring not yet been met
DMRC Staff say their demand for Salary Restructuring not yet been met New Delhi: The Delhi Metro Rail Corporation has hit rough waters with its employees resorting to protests once again. The protesting non-executive employees of the corporation have now begun a hunger strike as they claim their demands for salary restructuring are going unheard by the administration. As … [Read more...] about DMRC Staff say their demand for Salary Restructuring not yet been met
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