Central Government Employees News, 7th Pay Commission, MACP, LTC, CGHS, Railways, Bank News, CPSE, NPS, Pension, DOPT and More

7th Pay Commission Latest News – Budget speech 2016 indicates 7th CPC implementation this year

7th Pay Commission Latest News – Budget speech 2016 indicates 7th CPC implementation this year – FM in his budget speech observed that financial year 2016-17 will face an additional burden due to implementation of the 7th Pay Commission and OROP.

7th Pay Commission may implemented in this financial yearThough salaried employees are not happy on account of no change in the income tax slab in the Budget 2016, Central Government Employees including Railway Employees, Defence Personnel and Pensioners have something to cheer about as a result of Finannce Minister Mr.Arun Jaitley’s Budget Speech 2016-17.

In the Budget Speech FM observed that financial year 2016-17 will face an additional burden due to implementation of the 7th Pay Commission and OROP. He has also mentioned that his Govt
will have to prioritise expenditure due to implementation of 7th Pay Commission and OROP scheme.

What could be understood from the FM’s budget speech is that Govt is preparing itself for implementation of 7th Pay Commission recommendations in this financial year. However, the same could be confirmed on the basis of budget allocation made for salary of Central Government Employees for the financial year 2016-17. Fine Print of Budget paper may throw some light on this.

Must Read: 

Govt ready to implement 7th Pay Commission Report – Economic Survey 2016 indicates

7th Pay Commission Pay and Allowances Calculator for Civilian Employees in Central Government

7th Pay Commission Pension Calculator for Central Government Pensioners

7th Pay Commission Defence Pay Calculator

Source: The Financial Express

Comments
Loading...
;

Add A Knowledge Base Question !

You will get a notification email when Knowledgebase answerd/updated!

+ = Verify Human or Spambot ?

close

Got a question?

Just post it on GC Assist and let the members of GConnect Community help you find the answer.