7th Pay Commission latest news today: Now, this allowance hiked too! Central government employees allocation increased up to Rs 4,320
7th Pay Commission latest news today: This allowance will automatically get added into the monthly salary of the central government employees.
7th Pay Commission: After increasing the monthly salary by 5 per cent Dearness Allowance (DA), the central government has given one more Diwali gift to the central government employees. The government has increased Transport Allowance (TA) of the central government too. In the increased TA, the central government employees' monthly salary will go up by Rs 810 to Rs 4,320. This TA will automatically get added into the monthly salary of the central government employees as TA hike and DA hike are inter-connected.
See Zee Business tweet below:
#EditorsTake | अगर शेयर बाजार में लगा है आपका पैसा तो क्या है आपके आधिकार?
ब्रोकर के पास फेंसे पैसे कैसे मिलेंगे वापिस जानें अनिल सिंघवी से...#JaagoInvestorJaago @AnilSinghvi_ pic.twitter.com/VUKhQ584tR— Zee Business (@ZeeBusiness) October 11, 2019
For information to the readers, post-7th Pay Commission's recommendations, the central government is giving TA on the basis of the category of the city a government employee is posted. Minimum TA for urban cities under 7th CPC is Rs 1350 while maximum TA under the Seventh Pay Commission is Rs 7,200. Similarly, in smaller cities, TA approved under the 7th Pay Commission ranges from Rs 900 to Rs 3,600 per month.
See Zee Business Live TV streaming below:
TA Calculation
In tier-1 cities, DA has gone up by 5 per cent. Hence, the TA will also go up by 5 per cent means the approved TA of Rs 7200 in tier-1 cities is Rs 360. So, in a year, a government employee's salary has gone up by Rs 4,320 due to the rise in TA after the 5 per cent DA announcement. Similarly, other cities TA will go up after the rise in DA of the central government employees.
See Zee Business tweet below:
अगर बाजार में लगा है आपका पैसा
हर निवेशक के हक की बात
ब्रोकर में फंसा पैसा, तो क्या करें
10:26 am पर अनिल सिंघवी के साथ#JaagoInvestorJaago pic.twitter.com/InZDsk32Pj— Zee Business (@ZeeBusiness) October 11, 2019
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
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
10:40 AM IST