Big wins for Zee Business at 17th ENBA Awards, bags 11 honours

Nifty 50, Nifty Midcap 150 emerge as top indices in November: Report

Good news for homebuyers ! 17,000 Navi Mumbai CIDCO homes now cheaper by 10%

IndiGo operates over 2,000 flights for second consecutive day after operational disruptions

SBI cuts lending and retail deposit rates—Here’s what changes from Dec 15

CBDT cracks down on bogus ITR deductions, flags fake donation claims

From Blinkit picker to Zomato designer: Deepinder Goyal 'lit up' by student's journey, says 'stories like this…'

GRAP norms do not create enforceable work-from-home rights for Central staff: Delhi HC

Income Tax dept warns of surge in fake emails, SMS, and websites

 US trade deficit hits lowest since 2020, Trump tariff fuel export and job growth: White House

It is good news for one crore government employees and pensioners after all. 
The Government of India on Friday announced to pay its employees arrears arising from implementation of the 7th Pay Commission recommendations in one installment in August salaries.
The government had announced 23.55% overall hike in salaries and pensions of more than 1 crore government employees and pensioners in line with the 7th Pay Commission's recommendations on June 29 this year. 
The revised pay structure has been made effective from January 1, 2016. 
<iframe allowfullscreen="" frameborder="0" height="480" src="https://www.youtube.com/embed/7K9-LEgbyHU" width="100%"></iframe>
The Ministry of Finance in a statement on Friday said, "The revised pay structure effective from January 1, 2016, includes the Dearness Allowance (DA) of 125% sanctioned from January 1, 2016, in the pre-revised pay structure.”
Meanwhile, the Ministry of Finance said on Twitter:
<blockquote data-lang="en">Instructions for implementation of recommendations of 7th CPC is available at <a href="https://t.co/yeiNVTuRrW">https://t.co/yeiNVTuRrW</a>
— Ministry of Finance (@FinMinIndia) <a href="https://twitter.com/FinMinIndia/status/758997945630937088">July 29, 2016</a></blockquote>
<script async="" src="//platform.twitter.com/widgets.js" charset="utf-8"></script> 
The rate and the date of effect of the first installment of Dearness Allowance (DA) in the revised pay structure will be announced later.
The ministry will pay all arrears arising out of revised pay structure to government employees in cash in one installment along with the payment of salary for the August month.
ALSO READ: <a href="http://www.zeebiz.com/india/news-7th-pay-commission-heres-how-you-can-calculate-your-revised-salary-4192" target="_blank">7th Pay Commission: Here's how you can calculate your revised salary</a>
“The arrears as accruing on account of revised pay consequent upon fixation of pay under CCS (RP) Rules, 2016, with effect from January 1, 2016, shall be paid in cash in one installment along with the payment of salary for the month of August, 2016, after making necessary adjustment on account of GPF and NPS, as applicable, in view of the revised pay,” cited the ministry.
To expedite the disbursal process, the ministry further said in a statement, “ arrear claims may be paid without pre-check of the fixation of pay in the revised scales of pay.”
However, the facilities to disburse arrears without pre-check of fixation of pay will not be available in respect of those government servants who have relinquished service on account of dismissal, resignation, discharge, retirement, etc., after the date of implementation of the 7th Pay Commission's recommendations, it further added.
The ministry also said that income tax may also be deducted and credited to government before payment of arrears to employees. 
READ OUR FULL COVERAGE OF 7th PAY COMMISSION <a href="http://www.zeebiz.com/topics/7th-pay-commission" target="_blank">HERE</a>.

It is good news for one crore government employees and pensioners after all. The Government of India on Friday announced to pay its employees arrears arising from implementation of the 7th Pay Commission recommendations in one installment in August salaries.The government had announced 23.55% overall hike in salaries and pensions of more than 1 crore government employees and pensioners in line with the 7th Pay Commission's recommendations on June 29 this year. The revised pay structure has been made effective from January 1, 2016. The Ministry of Finance in a statement on Friday said, "The revised pay structure effective from January 1, 2016, includes the Dearness Allowance (DA) of 125% sanctioned from January 1, 2016, in the pre-revised pay structure.”Meanwhile, the Ministry of Finance said on Twitter:Instructions for implementation of recommendations of 7th CPC is available at https://t.co/yeiNVTuRrW— Ministry of Finance (@FinMinIndia) July 29, 2016 The rate and the date of effect of the first installment of Dearness Allowance (DA) in the revised pay structure will be announced later.The ministry will pay all arrears arising out of revised pay structure to government employees in cash in one installment along with the payment of salary for the August month.ALSO READ: 7th Pay Commission: Here's how you can calculate your revised salary“The arrears as accruing on account of revised pay consequent upon fixation of pay under CCS (RP) Rules, 2016, with effect from January 1, 2016, shall be paid in cash in one installment along with the payment of salary for the month of August, 2016, after making necessary adjustment on account of GPF and NPS, as applicable, in view of the revised pay,” cited the ministry.To expedite the disbursal process, the ministry further said in a statement, “ arrear claims may be paid without pre-check of the fixation of pay in the revised scales of pay.”However, the facilities to disburse arrears without pre-check of fixation of pay will not be available in respect of those government servants who have relinquished service on account of dismissal, resignation, discharge, retirement, etc., after the date of implementation of the 7th Pay Commission's recommendations, it further added.The ministry also said that income tax may also be deducted and credited to government before payment of arrears to employees. READ OUR FULL COVERAGE OF 7th PAY COMMISSION HERE. 

7th Pay Commission: You will get all arrears with your August salary! 

news-7th-pay-commission-govt-to-give-all-arrears-in-august-itself-4326

It is good news for one crore government employees and pensioners after all.  The Government of India on Friday announced to pay its employees arrears arising from implementation of the 7th Pay Commission recommendations in one installment in August salaries. The government had announced 23.55% overall hike in salaries and pensions of more than 1 crore government employees and pensioners in line with the 7th Pay Commissions recommendations on June 29 this year.  The revised pay structure has been made effective from January 1, 2016.  The Ministry of Finance in a statement on Friday said, The revised pay structure effective from January 1, 2016, includes the Dearness Allowance (DA) of 125% sanctioned from January 1, 2016, in the pre-revised pay structure.” Meanwhile, the Ministry of Finance said on Twitter: Instructions for implementation of recommendations of 7th CPC is available at https://t.co/yeiNVTuRrW — Ministry of Finance (@FinMinIndia) July 29, 2016   The rate and the date of effect of the first installment of Dearness Allowance (DA) in the revised pay structure will be announced later. The ministry will pay all arrears arising out of revised pay structure to government employees in cash in one installment along with the payment of salary for the August month. ALSO READ: 7th Pay Commission: Heres how you can calculate your revised salary “The arrears as accruing on account of revised pay consequent upon fixation of pay under CCS (RP) Rules, 2016, with effect from January 1, 2016, shall be paid in cash in one installment along with the payment of salary for the month of August, 2016, after making necessary adjustment on account of GPF and NPS, as applicable, in view of the revised pay,” cited the ministry. To expedite the disbursal process, the ministry further said in a statement, “ arrear claims may be paid without pre-check of the fixation of pay in the revised scales of pay.” However, the facilities to disburse arrears without pre-check of fixation of pay will not be available in respect of those government servants who have relinquished service on account of dismissal, resignation, discharge, retirement, etc., after the date of implementation of the 7th Pay Commissions recommendations, it further added. The ministry also said that income tax may also be deducted and credited to government before payment of arrears to employees.  READ OUR FULL COVERAGE OF 7th PAY COMMISSION HERE. 