Wed, May 01, 2024
The latest development in the formation of the 8th Pay Commission is a letter written by the Indian Railways Technical Supervisors’ Association (IRTSA) to the Ministry of Personnel, Public Grievances, and Pensions under the Department of Personnel and Training (DoPT). The letter has requested the ministry to form the 8th Pay Commission.
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Fri, Mar 29, 2024
According to the Gratuity Payment Act 1972, any company, factory, or institution, where 10 or more employees have worked on any one day in the last 12 months comes under the Gratuity Payment Act. An employee is entitled to gratuity after five years of service. If an employee dies due to an accident or becomes disabled and is unable to work again, the gratuity amount is paid to their nominee or dependent.
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.
Sat, Jan 19, 2019
7th pay commission: Employees of Uttar Pradesh said that they are trying to get the old pension system restored in any situation before the Lok Sabha elections.
Fri, Jan 18, 2019
The central government will further hike the amount of NPS withdrawals from 40% in Tier 2 cities to 60%. The Centre has already given a nod on monthly pension of over 50% of the last drawn salary of central government employees.
Thu, Jan 17, 2019
7th Pay Commission salary hike: Ahead of 2019 Lok Sabha elections, the Narendra Modi government has announced a big pay hike for professors and teachers of every state. These academic staffs will get the benefits of the 7th Pay Commission with effect from January 1, 2016.
7th pay commission: The strike, which began on January 8, was the longest-ever in the Bombay Electric Supply and Transport's history.
Wed, Jan 16, 2019
7th Pay Commission: According to reports, these municipal employees were demanding for a long time that their pension be enhanced according to the 7th Pay Commission recommendations.
7th Pay Commission: The long-pending demand of all the state government employees and even lakhs of private sector employees of the education sector has been fulfilled by the Narendra Modi government by an announcement made yesterday on January 15.
Tue, Jan 15, 2019
7th pay commission: The Centre today approved the proposal to extend the 7th CPC pay benefits to lakhs of state government employees of this field.
7th Pay Commission: Lok Sabha elections 2019 are just around the corner and the central and state governments are in a hurry to keep their government employees happy.
7th Pay Commission: The Central employees are getting a minimum pay of Rs 18,000 but they are demanding it to be raised to Rs 26,000, besides an increase in the fitment factor by 3.68 times from the existing 2.57 times.
Mon, Jan 14, 2019
Over four million commuters including students were badly hit as the strike by over 20,000 employees of the Bombay Electric Supply and Transport (BEST), the lifeline of the city, entered the seventh day here on Monday.
7th Pay Commission: There has one positive instance to cheer the employees as reports are coming in that the central government may issue the notification on new pension scheme (NPS) with added features. Earlier, changes to the NPS was announced but no official notification was issued.
Sat, Jan 12, 2019
7th Pay Commission: Elections are near and the central government employees are yet to get a word about their demand for a revision of the pay recommended under the 7th pay commission.
Thu, Jan 10, 2019
7th pay commission: A senior finance ministry official told zeebiz.com/hindi that the government is sympathetic to the demands of the central government employees and wants to extend the economic benefit to them. Prime Minister Narendra Modi has already indicated in this regard stating that the salary of these employees has not increased as per their demand, therefore minimum pay can revised.
Wed, Jan 09, 2019
7th Pay Commission: Lakhs of central and state government employees have been protesting against the rules of New Pension Scheme (NPS). The continuous protest by the employees had put the government on the back-foot.
Tue, Jan 08, 2019
A total of 48 lakh central government employees are living in hope for some clarity on their minimum pay scale and fitment factor. However, government authorities have shattered this ray of hope on multiple occasions.
7th Pay Commission: The central government employees are getting benefits of the 7th pay commission and pay hike by the fitment factor of 2.57 times.
Mon, Jan 07, 2019
7th Pay Commission pay hike: The employees are strategising on large scale to launch an agitation across the nation demanding restoration of old pension and dearness allowances beyond the 7th CPC recommendation.
Sat, Jan 05, 2019
7th pay commission: The central government employees will now have to compulsorily take 20 days of paid leave (or, earned leave) in a year, says a media report.
Fri, Jan 04, 2019
7th Pay Commission: West Bengal CM Mamata Banerjee on Thursday also assured that the government will clear all the dues by January.
Thu, Jan 03, 2019
7th Pay Commission: The Fee Regulatory Committee (Technical) has approved the fee hike for seven institutes, which may further boost salaries of their academic staff.
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