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Karnataka 6th Pay Commission recommends 30% hike in salary, move to benefit 5.2 lakh employees
•In a bonanza, the Karnataka 6th Pay Commission has recommended 30 percent hike in the salaries of state government employees and pensioners, effective 1 July 2017
Govt notifies 7th Pay Commission allowances for govt staff; check the details here
Fp Staff •This will impose an additional annual burden of Rs 30,748 crore on the exchequer
Why central pay commission should revise salary scales every year, remove clutch of allowances for efficient pay system
Madan •Having even 100 such allowances takes up a lot of administrative time as very often these allowances are provided on provision of sufficient proof of the same
7th Pay Commission: Cabinet approves Rs 30,748 crore allowances for central govt employees
Fp Staff •The announcement will benefit 34 lakh central government civil employees and 14 lakh defence employees
7th pay commission: Central govt staff may get revised allowance from July, says report
Fp Staff •The move is aimed at boosting consumption growth, which had lost some pace in the fourth quarter of last fiscal,
7th Pay Commission: Allowances panel submits reports, seeks abolition of 52
•The report will now be examined by the empowered committee of secretaries and following that it will be placed before the Cabinet
Double salary, allowances of MPs: Parliamentary panel members tells govt
Fp Archives •Several members in a parliamentary panel have pitched for quick implementation of the Centre's proposed move to double salary and allowances of MPs.
Delhi Assembly passes bill to effect 400% hike in MLA salary
Fp Archives •The basic monthly salary of Delhi MLAs and ministers is all set to go up by a whopping 400 per cent besides significant hike in a slew of allowances with the assembly on Thursday approving a bill to effect the increase considering rising cost of living.
Sports Ministry increases diet and supplements allowance of athletes
Fp Archives •The Sports Ministry today decided to hike the diet and supplement allowances of athletes at both the senior and junior level.
Are you sure your salary package is tax efficient?
Fp Archives •A combination of allowances, perquisites, retirement benefits put together, determines the tax outflow on your salary. It will be a good idea to have a re-look on the compensation structure and see if any benefits can be availed