7th Pay Commission News: How to Calculate First Month Salary?

7th Pay Commission News: How to Calculate First Month Salary? How to calculate total salary of first month of Central Government employees? Expected DA from July 2019: DA 4% Confirm…5% Possible! – Click for more details This calculator helps to know the Pay and Allowances for first month in Central Government Services. Young job seekers … Read more

7th Pay Commission calculator to highlights, here’s all you want to know

7th Pay Commission calculator to highlights, here’s all you want to know The 7th Pay Commission report recommendations have been cleared today by the Cabinet. Earlier in its report, in November last year, the commission itself had recommended 14.27 per cent hike in basic pay at junior levels, the lowest in 70 years. Here are … Read more

Revised rates of Allowances can be included in 7th Pay Commission Arrears calculation?

Revised rates of Allowances can be included in 7th Pay Commission Arrears calculation? 7th CPC Pay and Arrears Calculator and Allowances Revised rates of Allowances can be included in 7th Pay Commission Arrears calculation? The Central Government employees know the fact from their past experience that the Allowances will not be given retrospective effect whenever … Read more

Proposal for 50% income of Seventh CPC will be invested in bank capitalisation bonds: ET News

Proposal for 50% income of Seventh CPC will be invested in bank capitalisation bonds: ET News Innovative approach: Government staff’s pay hikes may fund bank capitalisation NEW DELHI: The government is considering an innovative proposal under which 50% of increased salary of higher-income government staff under the Seventh Pay Commission will be compulsorily invested in … Read more

RBI has projected a direct impact of the latest pay commission recommendations

RBI has projected a direct impact of the latest pay commission recommendations The implementation of the Seventh Central Pay Commission (CPC) awards can have a significant bearing on the inflation trajectory through both direct and indirect channels, with the housing and transportation sectors projected to see the biggest impact of the potential increase in the … Read more