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7th Pay commission News
7th Pay commission
7th Pay Commission: Committee on Allowances submits report; here's what happens next
Tue, May 02, 2017
"The decision to set-up the Committee was taken in view of significant changes recommended by the 7th CPC in the allowances structure and a large number of representations received in this regard from various Staff Associations as well as the apprehensions conveyed by various Ministries / Departments," Ministry of Finance said in a statement on April 28, 2017.
7th Pay Commission: Govt to take final call on higher allowances, says Lavasa panel
Fri, Apr 28, 2017
If the pay commission recommendations on allowances are implemented fully, then as per estimates the cost to the exchequer will be Rs 29,300 crore.
7th Pay Commision: Lavasa Committee submits report; here's what it says about HRA
Thu, Apr 27, 2017
After submitting the report to Jaitley, Finance Secretary Ashok Lavasa said the committee has taken into account representations made by various stakeholders.
7th Pay Commission: Will Committee on Allowances submit its report today?
Thu, Apr 27, 2017
The wait for higher allowances like Dearness Allowance (DA) and House Rent Allowance (HRA) for nearly 1 crore government employees and pensioners might be near its end as the Ashok Lavasa-led Committee on Allowances like likely to submit its report as part of the 7th Pay Commission to the Finance
7th Pay Commission: Will allowance committee submit report on Thursday?
Mon, Apr 24, 2017
The committee was expected to submit the report by April 18 after the "crucial" meeting held on April 6, which did not happened.
There is still room for banks to cut lending rates: RBI Governor Patel
Thu, Apr 20, 2017
Vegetable prices, which had declined sharply during November 2016 to January 2017, seem to have stabilised but may go up in the coming months due to a seasonal pick up, Patel said.
7th Pay Commission: This is why Allowance Committee report is delayed
Thu, Apr 20, 2017
The report was expected to be submitted by October. But, since then the submission has been delayed.
7th Pay Commission: Allowances report likely this week but clarity on HRA remains elusive
Tue, Apr 18, 2017
7th Pay Commission had recommended abolition of 52 allowances and subsuming 37 others out of 196 allowances.
7th Pay Commission: Allowance committee likely to submit report on April 18
Fri, Apr 14, 2017
Before that, on March 28, the Lavasa Panel had said they will finalise the report after receiving comments from ministries on treatment of 14 allowances and benefits.
7th Pay Commission: Allowance committee to take more time to submit final report
Wed, Apr 12, 2017
In the last meeting, National Joint Council of Action (NJCA) representives were also part of it. NJCA is a joint body of unions representing central government employees.
Was Q4FY17 able to bring cheer in corporate sector?
Tue, Apr 11, 2017
There was continued weakness in private capital expenditure cycle, absence of broader consumption pick-up and sluggish asset quality trends in financials.
7th Pay Commission: Allowance committee to submit final report this week
Mon, Apr 10, 2017
Out of 196 allowances, the 7th Pay Commission report had recommended abolition of 52 and subsuming of another 36 into larger existing ones.
7th Pay Commission: RBI flags concern over inflation; what will allowances committee do?
Fri, Apr 07, 2017
The impact on inflation is expected to persist for 6-8 quarters, with the peak effect occurring at around 3-4 quarters following the implementation, RBI had said.
Inflation is likely to play spoilsport at RBI’s rate cut party
Fri, Apr 07, 2017
In March 2017, private sector weather forecaster Skymet said that the probability of India experiencing a ‘below normal’ monsoon are high. What this simply means is that the agriculture sector will produce less which will result in inching up food prices.
7th Pay Commission: Allowance committee to hold "crucial" meeting today
Thu, Apr 06, 2017
Earlier, the Lavasa committee was expected to submit the report in October, but since then it got delayed.
7th Pay Commission: Lavasa panel likely to table recommendation report tomorrow
Wed, Apr 05, 2017
Last week, the panel had stated that it will finalise the report after receiving comments from ministries on treatment of 14 allowances and benefits.
7th Pay Commission: Pension committee submits report to NJCA
Tue, Apr 04, 2017
After months of delay, the pension committee under 7th Pay Commission, has submitted its recommendation to Shiv Gopal Mishra, the convenor of National Joint Council of Action, a media report said.
7th Pay Commission: Employees ask for arrears from January 2016
Mon, Apr 03, 2017
The Committee on Allowances headed by Finance Secretary Ashok Lavasa is yet to submit its report on dearness allowance (DA) and transport allowance (TA) to the Central Government under its 7th Pay Commission (7CPC) recommendations.
7th Pay Commission: Lavasa panel to finalise allowance only after April 12
Fri, Mar 31, 2017
Lavasa panel was formed last year to examine the 7th pay Commission recommendations.
7th Pay Commission: Lavasa Panels seeks ministries views on 14 allowances
Wed, Mar 29, 2017
The report quoted a source saying that the 14 allowances were not taken under consideration earlier and now the concerned ministries have been asked for suggestions.