Media report suggested earlier on the submission of 7th Pay Commission report on 19th November or 20th November 2015. This news has been confirmed now by 7th Pay Commission.
CNBC TV18 reports that 7th Pay Commission report is ready and the same will be submitted to Finance Ministry on 19th November 2015 – It further says 15% increase in pay which is likely to be recommended is much lower than what was recommended by 6th Pay Commission
Income Tax Act allows tax payers to deduct up to Rs.2 lakh towards the interest paid on housing loan from the Gross total income. When declaring Annual Rental Value which will be added with Gross total income, there will not be any ceiling as far as deduction of interest paid on the loan availed for buying the house property is concerned.
Railway Board prescribed a minimum of three year Diploma course in Engineering and a minimum of four year course in Engineering done after +2 shall only be accepted in addition to Diploma in Engineering obtained from Polytechnics for open market recruitment to posts on the railways.
Four NABH accredited hospitals viz., one hospital of Escorts Heart Institute & Research Centre, and three hospitals of Fortis Healthcare Ltd, have been empanelled additionally under CGHS in Delhi & NCR now.
While 6th Pay Commission recommended hike in pay of around 35%, 7th Pay Commission report may disappoint around 50 lakh central government employees and 54 lakh pensioners
Department of Posts has proposed modification in the Recruitment Rules of Superintendent-Sorting and wants all the share holders to go through it and those who want to send comments can do so within 30 days. If no reply is received within the stipulated time period, it will be presumed that the Stakeholders have no comments on the proposed Recruitment Rules.
Quota of 2 berths in sleeper class (one lower and one. middle) is earmarked for physically handicapped persons travelling on concession. physically handicapped persons who can utilize concession only when accompanied by an escort and the second for those handicapped persons for whom it is optional to take an escort with them.
Railway Board denied complimentary passes to the widows of deceased railway employees who had retired before completing 20 years of service and dies thereafter. NFIR requests allowing complimentary passes to the widow of the deceased railway employees appointed on or after 12/03/1987, retired, before completing 20 years service and died subsequently.
The 900-page report of 7th Pay Commission will recommend pay, allowances, pension and other service matters of as many as 48 lakh serving central government employees and 54 lakh pensioners
DoPT has sent various communications regarding Non-Functional Selection Grade (NFSG) in the grade of UDCs of CSCS. Now after taking in to consideration their seniority a final list of selection has been released
Retirement fund manager employees’ provident fund organisation (EPFO) has invested Rs.2,322.1 crore in exchange traded funds (ETF) till October as part of its planned investment of Rs.5,000 crore in equities this fiscal.