7th Pay Commission latest news today: Increased salary for Government employees will avail under this 7th CPC situation as per pay grade
7th Pay Commission latest news today: This piece of information regarding 7th CPC Pay grade will bring cheers to many central government employees.

7th Pay Commission latest news today: This piece of information regarding 7th CPC Pay grade will bring cheers to many central government employees. If the salaries of the two employees of the same pay grade under the 6th Central Pay Commission (6th CPC) has a difference of three per cent or more then it will eventually have the same salary in the 7th Pay Commission (7th cpc) as per recommendations.
For example, under the 6th CPC, if the minimum salary of an employee in a class is Rs 7210 and that of another is Rs 7430, then in the 7th Pay Commission the first employee's salary would become Rs 18,530 while the other employee's pay would be Rs 19,095. But when the salary of both of them is kept in the Pay Matrix under the 7th Pay Commission, both will get Rs 19100 as salary amount. This benefit is termed as bunching, and the benefit under this will be extended to employees from January 1, 2019.
Employees under this 7th Pay Commission Grade Pay will benefit
Under the 6th Central Pay Commission, those employees whose salary is under the Grade Pay of 1800, 1900, 2000, 2400, 2800 and 4200 will get the benefit of bunching. However, to get the benefit under this, They need to apply as soon as possible.
Watch Zee Business Live TV
Notably, Western Railway Employees Union, Bhavnagar Division, has urged all railway personnel to avail the benefit of 7th pay commission linked bunching as soon as possible according to their pay grade.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

SIP Calculation at 12% Annualised Return: Rs 10,000 monthly SIP for 20 years, Rs 15,000 for 15 or Rs 20,000 for 10, which do you think works best?

FD Rates for Rs 10 lakh investment: Compare SBI, PNB, HDFC, ICICI, and Post Office 5-year fixed deposit returns

LIC Saral Pension Plan: How much should you invest one time to get Rs 64,000 annual pension for life?

SIP Calculation at 12% Annualised Return: Rs 1,000 monthly SIP for 20 years, Rs 4,000 for 5 years or Rs 10,000 for 2 years, which do you think works best?

UPS vs NPS vs OPS: Last-drawn basic salary Rs 90,000 and pensionable service 27 years? What can be your monthly pension in each scheme?

Monthly Pension Calculations: Is your basic pension Rs 26,000, Rs 38,000, or Rs 47,000? Know what can be your total pension as per latest DR rates
10:01 AM IST