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

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.

Thursday, January 21, 2016

Constitution of an Empowered Committee of Secretaries to process the recommendations of the 7th Central Pay Commission

Central Government approved to set up Empowered Committee to process the recommendations of 7th Pay Commission in an overall perspective

Press Information Bureau 
Government of India
Cabinet

13-January-2016 16:37 IST

Constitution of an Empowered Committee of Secretaries to process the recommendations of the 7th Central Pay Commission

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for setting up an Empowered Committee of Secretaries under the Chairmanship of Cabinet Secretary, in order to process the recommendations of 7th Central Pay Commission (CPC) in an overall perspective.

Pay Matrix Recommended by 7th CPC is not final and subject to change – Federation Sources

The Constituent Unions of NCJCM has called for three days’ agitation Programme from 19-1-2016 to 21-1-2016 to draw the attention of central government to settle the Modified charter of demands.

Recently they demanded the government to constitute an empowered Committee to settle their demands through negotiation. However, the Cabinet gave its approval for constitution of an Empowered Committee to study the 7th Pay Commission report for implementation Process.

Friday, January 15, 2016

Empowered committee has constituted for 7th CPC to submit its final report

Sources in Finance Ministry  said the Empowered Committee of Secretaries under the Chairmanship of Cabinet Secretary P K Sinha on the Seventh Pay Commission recommendations is expected to submit its report to cabinet by March end and it would be implemented in April.
Secretaries panel headed by Cabinet Secretary P K Sinha on the Seventh Pay Commission recommendations is expected to submit its report to cabinet by March end.
The Implementation cell of Finance Ministry on the Seventh Pay Commission recommendations will be giving its inputs to Cabinet Secretary through Finance Secretary within week, they added.

Talking to our journalists, they said afterwards the cabinet would discuss it and then it would be placed for notification.

So about two month will be required to complete the process, they said. “We have already said that implementation of the Seventh pay commission recommendations is to be made in April, with retrospective effect from 1 January. However, central government employees will get hike salary from January and allowances will be made effective from the date of implementation”.

The Seventh Pay Commission, led by Justice A K Mathur, submitted the report to Finance Minister Arun Jaitley on November 19, 2015. The Empowered Committee of Secretaries is expected to bring slight changes to the commission’s recommendations so that the average increase in basic pay for all government employees will be in the region of 25-30%, while the Seventh Pay Commission recommended 14.27 per cent increase in basic pay, the lowest in 70 years.

The previous Sixth Pay Commission had recommended a 20 per cent hike in basic pay which the government doubled while implementing it in 2008 on recommendation the Empowered Committee of Secretaries headed by then cabinet Secretary.

The Empowered Committee of Secretaries is also likely to double such allowances and advances, which has been recommended for abolition by the Seventh Pay Commission.

The Implementation cell of Finance Ministry on the Seventh Pay Commission recommendations is going to give positive inputs on this matter to the Empowered Committee of Secretaries.

Thursday, January 14, 2016

RAISING OF BONUS PAYMENT CEILING TO THE CENTRAL GOVERNMENT EMPLOYEES

Raising of Bonus Payment Ceiling to the Central Government Employees: National Council (Staff Side) (JCM) addressed to the Secretary Department of Expenditure, Government of India.

Ph.: 23382286
National Council (Staff Side)
Joint Consultative Machinery
For Central Government Employees
13-C, Ferozshah Road New Delhi – 110001
E Mail : nc.jcm.np@gmail.com 
Shiva Gopal Mishra
Secretary 
No. NC-JCM-2015/S.C 
January 11,2015 
The Secretary
Government of India
Department of Expenditure
North Block, New Delhi- 110 001 

Subject: – Raising of Bonus Payment Ceiling to the Central Government Employees. Reference: – The payment of Bonus (Amendment) Bill 2015. 

Sir,
The Payment of Bonus (Amendment) Bill 2015 was passed by both the houses of the Parliament. The amendment provides that the existing Ceiling limit of Bonus for 30 days Rs. 3,500/- is enhanced to Rs. 7,000/- for 30 days. This amendment will take effect from 01.04.2014 (A copy of the Bill passed in the Parliament is enclosed for your kind ready reference). 

You are aware that any change in Bonus Act would be an indicator while deciding the Payment of Bonus to the Central Government Employees. Accordingly, every time when Bonus Act is amended raising the payment ceiling limit, it is extended to Central Government Employees also. This issue was also raised by the Staff Side in the Standing Committee Meeting of National Council (JCM) held on 09th October, 2015. 

Saturday, January 9, 2016

BONUS ACT 2015

The Payment of Bonus (Amendment) Bill, 2015 was passed by the Parliament in the just concluded Winter Session of the Parliament. The Payment of Bonus (Amendment) Act, 2015 has been published in the Gazette of India, Extraordinary on 1st January, 2016 as Act No. 6 of 2016. The provisions of the Payment of Bonus (Amendment) Act, 2015 shall be deemed to have come into force on the 1st day of April, 2014.

Saturday, January 2, 2016

Committee set up to Review Wage Structure of Gramin Dak Sevaks

Press Information Bureau 
Government of India
Ministry of Communications & Information Technology 
01-January-2016 15:16 IST

Committee set up to Review Wage Structure of Gramin Dak Sevaks 

A one man Committee to examine the wage structure, service conditions, etc. of the Gramin Dak Sevaks in the Department of Posts has been constituted by the Government of India.

Shri Kamlesh Chandra, Retired Member of Postal Services Board, will constitute the Committee. The Committee will be assisted by Shri T.Q. Mohammad, a Senior Administrative Grade Officer, who will act as Secretary to the GDS Committee. The Committee will go into the service conditions of Gramin Dak Sevaks and suggest changes as considered necessary. The terms of reference of the Committee will, inter-alia, include the following:-

    a)      To examine the system of Branch Post Offices, engagement conditions and the existing structure of wage and enrolments paid to the Gramin Dak Sevaks and recommend necessary changes;

    b)      To review the existing Services Discharge Benefits Scheme/other social security benefits for the Gramin Dak Sevaks and suggest necessary changes;