House Rent Allowance (HRA) Calculations after implementation of 7th CPC The Union Cabinet finally cleared the 7th Central Pay Commission for implementation on the 29th of July 2016. The Report which recommended a hike in salaries and pension for employees and pensioners, will be implemented from 1st January 2016. After taking into account dearness allowance at the … [Read more...] about House Rent Allowance (HRA) Calculations after implementation of 7th CPC
CENTRAL GOVERNMENT HOLIDAYS IN 2025
CENTRAL GOVERNMENT HOLIDAY LIST 2024
| 50% DA Order for Central Government Employees wef 1st Jan 2024 PDF |
| CGHS Updated Rate Card PDF Download |
| Latest List of KV Schools in India |
| 7th Pay Commission Latest News 2024 |
| MACP for the Central Government Employees |
HRA
Percentage of HRA in 7th pay commission after cabinet approval
Percentage of HRA in 7th pay commission after cabinet approval The Pay commission has recommended HRA should be rationalized by using the factor 0.8 which is used for rationalising the percentage based allowances. The 7th CPC recommended 24 percent, 16 percent and 8 percent of the Basic Pay for Class X, Y and Z cities respectively. The Commission also recommended … [Read more...] about Percentage of HRA in 7th pay commission after cabinet approval
Comparison of 7th Pay Commission and 6th CPC Pay excluding HRA
NFIR has compared 7th Pay Commission pay and 6th CPC pay excluding revision in HRA. It has concluded that at lower levels only marginal increase in pay has been provided by 7th Pay Commission and that for certain levels no increase or negative increase in pay has been recommended by 7th Pay Commission Comparison of 7th Pay Commission and 6th CPC Pay excluding HRA – NFIR … [Read more...] about Comparison of 7th Pay Commission and 6th CPC Pay excluding HRA
NFIR compares 7th pay commission pay matrix and 6th pay commission pay
NFIR compares 7th pay commission pay matrix and 6th pay commission pay NFIR compares 7th pay commission pay matrix and 6th pay commission pay including HRA – NFIR concludes that net benefit is marginal at Level-1, and minus at Level–2. When taking income tax deduction in to account pay increase at higher levels will also be minimal During discussions with the Hon’ble MR … [Read more...] about NFIR compares 7th pay commission pay matrix and 6th pay commission pay
New form to claim tax rebate on LTA, HRA
New form to claim tax rebate on LTA, HRA NEW DELHI: The income tax department has come out with a standard Form 12BB for salaried taxpayers to claim tax deduction on leave travel allowance concession (LTALTC), house rent allowance (HRA) and interest paid on home loans. Taxpayers will have to furnish to their employers proof of travel in Form 12BB for … [Read more...] about New form to claim tax rebate on LTA, HRA
Government provides fund for pay commission implementation in Budget
Government provides fund for pay commission implementation in Budget Central Government provided the fund of excess Rs 28,300 crore for the implementation of Seventh Pay Commission recommendations on Monday in the Budget estimates of fiscal 2016-17, presented by the Finance Minister Arun Jaitley. The government has provided a fat allowances bill of Rs 88,932 crore in the … [Read more...] about Government provides fund for pay commission implementation in Budget
House Rent Paid : 80GG has also been raised to 60,000 from 24,000
House Rent Paid : 80GG has also been raised to 60,000 from 24,000 The limit of deduction of house rent paid under section 80GG has also been raised to Rs. 60,000 from the existing Rs. 24,000 per annum to give relief to employees who live in rented houses. Certain Tax Reliefs announced for small tax payers and others While presenting the General Budget 2016-17 in Lok … [Read more...] about House Rent Paid : 80GG has also been raised to 60,000 from 24,000
Grant of House Rent Allowance to Railway Employees Posted to New Zones/New Divisions: Railway Board orders
Railway Board decision on House Rent Allowance – Orders Issued GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) No.E(P&A)II-98/HRA-6 RBE No: 20/2016 New Delhi, dated 17/02/2016 The General Manager/CAO’s All Indian Railways & Production units. Sub : Grant of House Rent Allowance to Railway employees posted to new Zones/new Divisions – … [Read more...] about Grant of House Rent Allowance to Railway Employees Posted to New Zones/New Divisions: Railway Board orders
NFIR compares 7th pay commission pay matrix and 6th pay commission pay
NFIR compares 7th pay commission pay matrix and 6th pay commission pay NFIR compares 7th pay commission pay matrix and 6th pay commission pay including HRA – NFIR concludes that net benefit is marginal at Level-1, and minus at Level–2. When taking income tax deduction in to account pay increase at higher levels will also be minimal During discussions with the Hon’ble … [Read more...] about NFIR compares 7th pay commission pay matrix and 6th pay commission pay
Budget 2016: Assocham demands income tax exemption to Rs 2.5 lakh, re-introduce standard deduction
Budget 2016: Assocham demands income tax exemption to Rs 2.5 lakh, re-introduce standard deduction New Delhi: Industry body Assocham demanded an increase in income tax exemption ceiling for salaried people to Rs 2.5 lakh and and re-introduce standard deduction for salaried employees to boost consumption in the upcoming Budget. The income tax exemption … [Read more...] about Budget 2016: Assocham demands income tax exemption to Rs 2.5 lakh, re-introduce standard deduction
Latest DoPT Orders 2024
CENTRAL GOVT HOLIDAY LIST 2024
Indian Railway Holiday List 2023 PDF | Postal Holidays List 2023 India Post | Bank Holidays List 2023 India | LIC Office Holiday List 2023 PDF Download | EPFO Holiday List 2023 PDF Download | ESIC Holiday List 2023 PDF Download | CGHS Holiday Calendar List 2023 | Post Office Holidays 2023 | Railway Holidays CG Office Holidays 2023 | TN Govt Holidays 2023 | KVS Holiday List 2023-2024 PDF
