Showing posts with label Pay and Allowances News. Show all posts
Showing posts with label Pay and Allowances News. Show all posts

Thursday, November 24, 2016

Withholding Annual Increments of Non-performers after 20 Years

Press Information Bureau 
Government of India
Ministry of Personnel, Public Grievances & Pensions

23-November-2016 17:04 IST 

Pay Hike

     The 7th Central Pay Commission in its Report contained in Para 5.1.46 titled 'Withholding Annual Increments of Non-performers after 20 Years' has inter-alia recommended for withholding of annual increments in the case of those employees who are not able to meet the benchmark either for Modified Assured Career Progression (MACP) or a regular promotion within the first 20 years of their service. The Government of India vide Resolution No.1-2/2016-IC dated 25.7.2016 has accepted this recommendation. 

Friday, November 11, 2016

7% hike in 6th CPC Dearness Allowance from July, 2016 @ 132%: Order issued

No. 1/3/2008-E.II(B)
Government of India
Ministry of Finance
Department of Expenditure

New Delhi, dated the 9th November, 2016.

OFFICE MEMORANDUM

Subject:- Rate of Dearness Allowance applicable w.e.f. 1.7.-2016 to employees of Central Government and Central Autonomous Bodies continuing to draw their pay in the pre-revised pay scale/grade pay as per 6th Central Pay Commission

Consequent upon acceptance of the recommendations of the Seventh Central Pay Commission by the Government, this Department vide O.M.No. 1/2/2016-E.II(B) dated 4th November, 2016 had. issued orders on rate of Dearness Allowance (DA) payable to Central Government employees based on the revised pay structure that came into effect from 01.01.2016.

2. The above rate, however, is not applicable to- those Central Government employees who had exercised an option to continue in the pre-revised scales of pay based on 6th CPC’s recommendations or to those whose pay and allowances had not been revised, for different reasons.

Thursday, November 3, 2016

out come of the meeting on on Allowances held yesterday

Yesterday's allowance meeting was called for to appraise by the staff side about the proposals prepared by the department . The official side was  of the view to proposing abolition of some of the allowance so that most required allowances could be got  approved from 7th CPC  Implementation Cell. In regard to OTA, there was some confusion from the Official Side that OTA was abolished by 5th, 6th and the  7th Pay Commission.  But it was informed by the staff side  that operative cadres are exempted from the purview of abolition by the previous pay commissions.

NFIR assumption on DA from Jan 2017

Probable DA rise w.e.f. 01-01-2017 if 277 continues 4.24% (round off to 4%)

NFIR General Secreatry Shri M.Raghavaiah writes to its affiliates regarding the Dearness Allowance formula after 7th CPC and the expectation on next additional dearness allowance from Jan 2017.


All India Consumer Price Index (IW) for the purpose of calculation of Dearness Allowance entitlement – reg.
NFIR 
National Federation of Indian Railwaymen
3, Chelmsford Road, New Dlehi – 110055

Monday, September 19, 2016

Anomaly in pay fixation on MACP II

Eg.  Employees getting MACP – 2 promotion on PA/SA cadre this year are fixed at the Basic pay of 50600/- .  Whereas those will be promoted next year will be fixed with the Basic Pay of 47600/-. A single increment difference in service shows three increment differences in new pay matrix.

 Those at Basic pay of 16990 by this 1st July,  are with basic pay of 44100 , with two addition increments  next year this will goes to 46800/- in 2800 grade pay  and will be sit at the basic pay of 47600/- in 4200 column with a  hike of 800/-.

The issue arises because of the grade pay differences with the multiplication factor in pay matrix table

Monday, September 12, 2016

7th CPC : Bunching Increment Benefit Tables


PB – I, 5200-20200+GP 1800
Bunching of stages
Next vertical Cell
5410
1800
7210
216.3
220
18529.7
19100
5630
1800
7430
222.9
230
19095.1
19100
19700
PB – I, 5200-20200+GP 1900
7090
1900
8990
269.7
270
23104.3
23800
7360
1900
9260
277.8
280
23798.2
23800
24500
PB – I,5200-20200+GP 2000
6990
2000
8990
269.7
270
23104.3
23800
7260
2000
9260
277.8
280
23798.2
23800
24500
PB – I,5200-20200 +GP2400
8770
2400
11170
335.1
340
28706.9
29600
9110
2400
11510
345.3
350
29580.7
29600
30500

Friday, July 29, 2016

Finance Ministry Instructions for Pay Fixation and Payment of Arrears

Government of India
Ministry of Finance
Department Of Expenditure
(Implementation Cell, 7 CPC)
Room No. 214, The Ashok
New Delhi, the 29th July, 2016

OFFICE MEMORANDUM

Subject: Implementation of the recommendations of the 7th Pay Commission- Fixation of pay and Payment of arrears – instructions Regarding

Wednesday, June 29, 2016

Centre to announce Pay, Pension hikes for its Employees this evening

The Union Cabinet on Wednesday approved the recommendations of the Seventh Pay Commission with minor changes, a top official source told The Hindu. Union Finance Minister Arun Jaitley, who left for Chandigarh soon after the Cabinet meeting, will announce the hikes this evening.

The Finance Ministry, which had recommended a 23.55 per cent overall hike in salaries and pensions for over 1 crore central government employees, pensioners, in line with the Commission’s recommendations, is fine-tuning the details, the source said.

Tuesday, June 28, 2016

June 29th 2016 Judgement day for 7th CPC final recommendations - All News channels

Implementation of new pay scales recommended by the 7th Pay Commission is estimated to put an additional burden of Rs 1.02 lakh crore on the exchequer annually.

Finance Minister Arun Jaitley had in his Budget for 2016-17 provisioned Rs 70,000 crore towards Seventh Pay Commission awards, which is around 60 per cent of the incremental expenditure on salaries.

The Pay Commission’s recommendations are due from January 1, 2016.

Monday, June 27, 2016

DA from July 2016 set to increase by 6% or 7% for pre-revised

On the basis of All India Consumer Price Index for the period from July 2015 to April 2016 and assumed indices for May and Jun 2016, DA for Central Government Employees in Pre-revised pay (6th CPC) and DA from July after implementation of 7th Pay Commission have been estimated

DA-Pre-7th-CPC-Pay

DA from July 2016 set to increase by 6% or 7% on the basis of All India Consumer Price Index (Industrial Workers) with base year 2001=100, for Pre revised Pay (Pay prior implementation of 7th Pay Commission)

Friday, April 15, 2016

7th Pay Commission: Government employees to get in hand only 50% of increased salary?

Wednesday, April 13, 2016 - 22:37

New Delhi: Government is looking at a scheme for encouraging its employees to invest part of their 7th pay commission salary hike in a fund which would be used for recapitalisation of state-owned banks.

High income government official, according to officials, could be roped in to invest in the fund by offering lucrative incentives like tax break or higher return.

7th Pay Commission: Group of secretaries to recommend 15 percent more pay

7th Pay Commission: Group of secretaries to recommend 15 percent more pay
New Delhi: The Sen Times has learned an average increase of 15 percent pay of central government employees more than Pay commission recommendations, is likely to be suggested by the group of secretaries, who is examining the 7th Pay Commission report.

The 7th Pay Commission’s report was published on November 19.

An estimated 48 lakh central government employees and 52 lakh pensioners across the country receive the pay , which currently stands on Sixth Pay Commission recommendations and it’s unable to neutralise the impact of inflation, which are being faced by the central government employees.

Tuesday, March 8, 2016

Finance minister rolls back proposal to tax provident fund

New Delhi, Mar 8 (PTI) In the face of all round attack, Finance Minister Arun Jaitley today completely rolled back the controversial proposal to tax the employees' provident fund (EPF) at the time of withdrawal.

Taking the first opportunity available, he made a suo motu statement in the Lok Sabha in which he also announced withdrawal of imposing monetary limit for contribution of employers to provident and superannuation fund of Rs 1.5 lakh for taking tax benefit.

Monday, March 7, 2016

Cental Government decides to withdraw tax on Provident Fund

"Prime Minister has recommended the Finance Minister to stop the tax on the PF withdrawals, and to conduct a thorough study on this."


Centre decides to withdraw tax on Provident Fund

News have surfaced that the Prime Minister has instructed the Finance Minister to put a hold on the proposed plan to impose taxes on PF withdrawals. Finance Minister Arun Jaitley is expected to make an official announcement in this regard shortly.

Thursday, February 4, 2016

MERGE DA WITH BASIC THIS YEAR AND DEFER INCREMENTS: PAY PANEL MEMBER

Member of the Seventh Central Pay Commission Rathin Roy has suggested that to meet its fiscal deficit target the Government should merge the basic pay and dearness allowance (DA) of central government employees in the current year and defer implementing any real increases in pay and pensions. This, the member has said, could be done by compensating those who would have to bear the burden of the deferred effect by giving them a “more generous award distributed over several years”.

“I am saying that the increment need not all be given at one go... It can be staggered and made more generous… So this could be done for pay and for pension,” Dr. Roy told The Hindu in an exclusive interview. “Now I am not competent to say whether this is politically feasible or not,” he, however, added.
Last month, the Union Cabinet set up an empowered committee of secretaries under the Cabinet Secretary for processing the recommendations of the Commission.