7th Pay Commission: Central govt employees will get Risk allowance up to Rs 25,000 soon

7th Pay Commission: Central govt employees will get Risk allowance up to Rs 25,000 soon

The Central 7th Pay Commission had recommended a special allowance for central government employees that fall under the government’s risk category. Now, the Centre has issued a notification to ascertain the number of employees that are eligible for the risk and hardship allowance under the 7th Pay Commission. The government has sought the list of…

Centre is likely to announce increase in dearness allowance (DA) for central government employees

Centre is likely to announce increase in dearness allowance (DA) for central government employees

Centre is likely to make an announcement to increase dearness allowance (DA) for central government employees. The dearness allowance (DA) is expected to increase by 5 percent. This has been stated by Harishankar Tiwari, former president of DA calculator AG Office Brotherhood, Allahabad, and Assistant Secretary General of All India Audit and Accounts Association. Tiwari…

7th Pay Commission may be the last one; New method to fix the salary of employees

7th Pay Commission may be the last one; New method to fix the salary of employees

7th Pay Commission: In what may come as a rather shocking development for central government employees, who have been negotiating with the government to increase salaries as per a higher fitment factor under the 7th Pay Commission, Centre may well decide to do away with pay commissions all-together! In effect that means there will probably…

7th Pay Commission – Payment of Gratuity Bill for formal sector employees has been modified

7th Pay Commission – Payment of Gratuity Bill for formal sector employees has been modified

7th Pay Commission latest news today: In a major good news for central government employees, the government recently provided a host of new benefits which will help them save massively on their retirement or when they leave a job. The showstopper was gratuity payment to central government employees under 7th Pay Commission. Centre had accepted…

7th Pay Commission panel recommendations on gratuity ceiling for Central government employees

7th Pay Commission panel recommendations on gratuity ceiling for Central government employees

7th Pay Commission: Often, there are some things that are critical to a person’s finances and yet they are not easily understood or are even misunderstood. Gratuity is one such issue, but it is quite simple really. Central government employees are entitled to gratuity as per the Seventh Pay Commission after being implemented by the…