Sat, Mar 09, 2024
7th Pay Commission: When the central government announced a four per cent hike in dearness allowance (DA) and dearness releif (DR) for its employees and pensioners, it also announced an increase in House Rent Allowance (HRA). Apart from these two changes, Centre also announced a big change in the form of a tax exemption limit on gratuity of a central government employee. The limit on tax exemption has been increased from Rs 20 lakh to Rs 25 lakh. However, equally important for an employee is to know their gratuity amount at the time of retirement. Know how much gratuity you will get if your basic salary is Rs 15000 or Rs 20,000.
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Fri, Mar 08, 2024
7th Pay Commission: Central government employees get a number of bonanzas on Thursday evening as the central government announced a four per cent hike in dearness allowance (DA) and dearness relief (DR). It also increased the tax limit for gratuity from Rs 20 lakh to Rs 25 lakh. But in another important announcement along with these two, Centre also increased the House Rent Allowance by one to three per cent. Know the new rates-
The DA is calculated as a percentage of an employee's basic salary. Depending on inflation, it is adjusted twice a year. It is calculated on the consumer price index (CPI) and industrial average. When we calculate DA on the basis of CPI, we first determine CPI. The CPI is published by the Labour Ministry of the central government.
Fri, Feb 26, 2021
7th Pay Commission latest news: Every government employee want to be covered under the pay matrix as per the 7th pay commission. Last year, this state has implemented 7th CPC (Central Pay Commission report) in order to rationalise their salary.
7th Pay Commission-DA, TA hike, salary increase: Central government employees and pensioners had to face financial hardships during the Covid 19 peak as Dearness Allowance of the former was curtailed, directly affecting the Dearness Relief (DR) of pensioners.
Thu, Feb 25, 2021
7th Pay Commission latest news today: After implementing 7th CPC (Central Pay Commission report) last year, the Tamil Nadu government has been announcing welfare measures for the state government employees to match with the pay and perks of the seventh pay commission approved for the central government employees.
7th Pay Commission latest news today: The centre may soon announce the Dearness Allowance (DA) for the January to June 2021 period ahead of the Holid Festival falling next month.
As government mulls releasing 4 per cent Dearness Allowance for central government employees, around 58 lakh retired central government pensioners are also set to benefit.
Wed, Feb 24, 2021
7th Pay Commission latest news: After the implementation of this New Wage Code Act 2021, the minimum basic salary of central government employees will become at least 50 per cent of the net CTC, which means monthly allowance won't go beyond 50 per cent of net CTC.
Tue, Feb 23, 2021
Here is an opportunity to secure a job and that too under the Ministry of Defence. What makes these vacancies even more exciting is that the salary is in the pay Matrix as per 7th Pay Commission (7th CPC).
7th Pay Commission: The Madhya Pradesh Government is going to announce Dearness Allowance (DA) for its 4 lakh state government employees ahead of the upcoming Holi festival.
7th Pay Commission Latest News: In what could be a double bonanza for central government employees, the Modi government is planning to increase Dearness Allowance (DA) of these employees by 4 per cent and also clear arrears.
Mon, Feb 22, 2021
7th Pay Commission latest news today: Indian Navy Recruitment 2021 notification is inviting central government job applications to fill up 1159 vacancies for the post of Tradesman in Group C cadre.
7th Pay Commission latest news: The deadline to apply for this job advertised by Indian Meteorological Department (IMD) is ending today.
Sun, Feb 21, 2021
7th Pay Commission latest news: A section of central government employees who joined after 1st January 2004 have been demanding the Old Pension Scheme (OPS) implementation for them instead of market linked new National Pension System (NPS).
Sat, Feb 20, 2021
7th Pay Commission Latest News: It is learnt that the state government finance department has also started preparations to set things in motion to ensure that these employees get their arrears well before Holi.
Fri, Feb 19, 2021
7th Pay Commission latest news today: A section of central government employees who joined after 1st January 2004 have been demanding the Old Pension Scheme (OPS) implementation for them instead of market linked new National Pension System (NPS).
7th Pay Commission latest news today: New Wage Code is one of the most buzzing words among the central government employees' minds these days.
Seventh Pay Commission pay matrix is the best available salary structure presently. These incorporate many demands of the central government employees who come under the preview of 7th pay commission.
7th Pay Commission Latest News: The Modi government is planning to increase DA of the central government employees, who have been waiting for increase in their Dearness Allowance since last few months.
Thu, Feb 18, 2021
PGIMER Chandigarh has invited application for the post of Registrar, storekeeper, Stenographer, Lower Division Clerk and Library Attendant Grade 2.
7th Pay Commission DA, HRA, TA Allowances: After the implementation of this New Wage Act 2021, the minimum basic salary of an employee will become at least 50 per cent of the net CTC means one's monthly allowance won't go beyond 50 per cent of its net CTC.
PF-EPF Passbook Balance latest update: The Narendra Modi Government is in the mood to implement New Wage Code Bill from 1st April 2021. In this New Wage code, there is provision that the minimum basic salary of an employee will be 50 per cent of the net CTC.
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