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basic salary News
Alert for all employees! Your take home salary may fall starting from April 1 - this is the reason
Tue, Mar 30, 2021
There are several changes set to happen from then next Financial Year, beginning April 1. One of these changes that is likely to happen from April 1 may well reduce your take-home salary.
CTC vs Gross Annual Package vs Net Salary: What is the difference? Here is what employees must know
Fri, Mar 15, 2019
The CTC actually is the amount that any company spares on its employee directly or indirectly, and it comprises the whole package of an employee's salary.
This city pays you highest salary in India at Rs 11,67,337; It is not Mumbai or Delhi; also, find out which sector can make you rich
Thu, Nov 22, 2018
Although India still lags behind in creating jobs in various regions and certain categories, yet it does mean the country does not give you a very happening salary!
This is how Narendra Modi government is looking at creating 1 cr jobs
Thu, Mar 29, 2018
It has been revealed that the Narendra Modi government is hoping to create as many as 1 crore new jobs and that too soon in the country. And how? By bearing the entire 12 per cent of the basic salary that employers are mandated to make towards pension for the first three years for new employees!
7th pay commission: Indian Railways staff get good news on LTC now
Thu, Mar 29, 2018
The Ministry of Personnel said that Railways employees, however, shall continue to be governed by the Railway Servants (Pass) Rules and availing of the "All India LTC" under the CCS (LTC) Rules by them will be facilitated through a special order under the relevant provision of the said Pass Rules.
7th Pay Commission salary windfall for government employees soon, report to be implemented by this state now
Wed, Mar 28, 2018
7th Pay Commission: Mizoram Finance Minister Lalsawta today informed the state legislature that the state government intended to implement the seventh pay commission during 2018-2019. Replying to questions from five members, Lalsawta said that the government had been waiting for the recommendation of a committee to study the 7th pay commission which was yet to submit its report and its recommendations.
7th Pay Commission: Why Centre hiked tax free gratuity from Rs 10 lakh to Rs 20 lakh
Fri, Mar 16, 2018
7th Pay Commission: The Lok Sabha on Thursday passed the Payment of Gratuity (Amendment) Bill 2017 that seeks to empower the government to fix the period of maternity leave and tax-free gratuity amount with an executive order. The Bill seeks to amend the Payment of Gratuity Act, 1972.
7th Pay Commission: Big trouble for teachers, other staff as this institution says can't generate funds
Fri, Mar 16, 2018
7th Pay Commission: UGC in its note has said that "the implementation of the 7th Pay Commission was dependent on Office Memorandum (OM) of January 13, 2017, that says that university should generate 30% of its fund through internal resources."
7th Pay Commission: Latest news and developments, from fitment factor to protests, we know so far
Fri, Mar 09, 2018
7th Pay Commission: A number of issues have been thrown up recently that would impact government employees over the recent days.
7th Pay Commission report: No more salary hikes for government employees through this mechanism?
Thu, Mar 08, 2018
Considering that government employees are still waiting for news on 7th Pay Commission salary hike based on the fitment factor of 3.68 time rather than just 3 times as is reportedly being offered by the government, exactly what will transpire is still unclear and is likely being debated in the corridors of power at the Centre.
This crucial EPFO decision may increase your 'in-hand' salary
Fri, May 26, 2017
The labour ministry received several representations stating that the move will leave more money with workers for expenditure and reduce employers liability, which will eventually perk up economy.