HRA may be 30 per cent of Central Govt Employees

-
HRA may be 30 per cent of central government employees

The HRA may be 30 per cent of basic pay of central staff of Metro Cities. The Committee of Secretaries headed by Finance Secretary is recommended. According to sources, the recommendation went to the agreement. Hopefully by the end of March, the Cabinet issued a note in April, it can be applied.


Source:- The Economic Times

Comments

Post a Comment

Popular posts from this blog

Bunching benefit in Pay fixation is recommended by 7th pay commission in some situation

-
Image
7th Pay commission in its report stated at page 79 entitled Entry Pay, that,” Although the rationalization has been done with utmost care to ensure minimum bunching at most levels, however if situation does  arise whenever more than two stages are bunched together, one additional increment equal to 3 percent may be given for every two stages bunched, and pay fixed in the subsequent cell in the pay matrix. For instance, if two persons drawing pay of Rs.53,000 and Rs.54,590 in the GP 10000 are to be fitted in the new pay matrix, 1. The pay fixation for the person (A) drawing pay of Rs.53000 (PB + GP) 2. The pay fixation for the person (B) drawing pay of Rs.54590 (PB + GP) ( He has earned one increment more than ‘A’ ) [ Note :   The above illustration is taken from 7th Pay commission official report. The revised pay for Rs.53,000 and  Rs.54,590 in the GP 10000 are to be taken from the new pay matrix at Level 14. Because the corresponding Level for Grade Pay Rs.10...
Read More »

Salaries to go up by at least 30 percent after Seventh Pay Commission: All you need to know

-
The Ministry of Finance has prepared its recommendations for the Seventh Pay Commission. The announcement of changes has been done and the ministry will implement them from January 1, 2016. The deadline of preparation was initially scheduled for August but was later extended to December this year. The Government of India makes some changes to its financial module every 10 years. This time, Justice A. K. Mathur led the team of experts who prepared the recommendations. The commission is said to increase benefits for the central government employees. However, there are some provisions that may not go down well for the staff, as there is news of a scheme of salary deduction. Here are nine key points you must know about the Seventh Pay Commission: 1. Around 48 lakh central government employees and 55 lakh pensioners will benefit from the Seventh Pay Commission. 2. The Pay Commission was set up by the UPA government during its regime. The recent changes have come under the ...
Read More »

Option- I for Pre- 2016 Pensioners Rejected: Confederation

-
OPTION - I FOR PRE-2016 PENSIONERS REJECTED: In the meeting held on 30-06-2016, with Group of Ministers by JCM staff side, the Finance Minister had also clarified that Government has taken the decision to implement the recommendation of 7th CPC to bring about parity between past and present pensioners. (Vide NJCA Statement issued on 06-07-2016). Finance Minister categorically assured the NJCA leaders on 30-06-2016 that the Government has accepted the recommendation in toto and Pension department has only been asked to sort out the difficulties in implementation of Option-I, if any. NJCA wrote to Finance Minister on 16-07-2016, as follows: “The issue of acceptance of Option-I and II was discussed with your goodself at the residence of Hon’ble Home Minister (Govt. of India) wherein Hon’ble Minister for Railways and Hon’ble MoS Railways were present. You had categorically agreed our demand that no dilution would be made in the options given to the Pensioners by the 7th CPC. It is unfort...
Read More »