on 29 Jul,15 12:06a.m.
The 7th Pay Commission is likely to raise the salaries of government employees by up to 40 per cent, said Neelkanth Mishra, India equity strategist of Credit Suisse. The Pay Commission will submit its recommendations in October and it will be implemented by next year."As the Pay Commission numbers come through there could be a 30-40 per cent increase for each individual. It won't be as big as las....
on 19 Jul,15 3:56p.m.
With the 7th Central Pay Commission expected to submit its report to the Government next month, rumors on the recommendations have started flowing in. These are some of the rumors making round. Please keep in mind that these are just rumors only The minimum basic pay will be fixed at Rs.21,000 The Grade Pay System will be removed.The Multiplication Factor for fixation will be 2.86The superann....