18 Nov, 2015 10:34p.m.

7th CPC : 22-23 % hike on total salary expected : Live Mint

The Live Mint E-paper reports that the actual hike for the central government employees as recommended by the Seventh Pay Commission will be 22-23% on the total salary.

The 15% increase as suggested by the Pay Commission headed by Justice A.K. Mathur is the increment on the basic salary plus dearness allowance (DA) component. However increase in allowances like house rent allowance (HRA) has also been recommended. This makes the total increase will be 22-23% of the gross salary (basic plus DA plus allowances), the sources said. The recommendations of the Seventh Pay Commission are scheduled to take effect from 1 January 2016.

Whatsapp Share Button

🏠 Go to StaffCorner.com Home Page





Latest in Important News
News 🕑 05 Jul,19 1:13p.m.
Latest in Other News Sections
RBI cuts repo rates to 6.25. Loans set to get cheaper 🕑 04 Apr,19 12:42p.m.
Sree Chitra Tirunal Institute develops intravenous cancer drug 🕑 26 Mar,19 9:29p.m.
CPAO FAQ For the Beneficiaries Of NPS- Additional Relief Scheme 🕑 13 Mar,19 11:06p.m.
'One Nation One Card' mobility card launched 🕑 05 Mar,19 1:47p.m.
PFRDA working on minimum assured returns for NPS subscribers 🕑 24 Feb,19 1:58p.m.
EPFO's 8.65% interest rate for FY19 is actually equivalent to 13.5%. 🕑 24 Feb,19 11a.m.
EPFO to offer 8.65%, its 1st hike in 4 years 🕑 22 Feb,19 10:51a.m.
RBI cuts repo rate by 25bps. EMIs likely to get cheaper 🕑 07 Feb,19 1:02p.m.
Budget 2019 expectations : IT exemption limit likely to be hiked to Rs 5 lakh 🕑 17 Jan,19 9:29p.m.
Researchers develop plants that can remove cancer-causing pollutants 🕑 27 Dec,18 12:59p.m.