0
Sixth Pay Commission may hike govt salaries by 30%
March 15th, 2008 · No Comments
Sixth Pay Commission submitted its report on 24 March 2008.
CLICK HERE TO READ - LATEST SIXTH PAY COMMISSION SUBMITS ITS REPORT
In its article the MoneyControl writes “Salaries are expected to increase by 25 to 33% across the board and the hike will take place with retrospective effect from January 1, 2006. However, there is no scope for any interim relief till the recommendations are implemented.
But the recommendations come at a time when the government is already burdened with a huge farm loan waiver and other schemes benefiting the social sector. But fears of pressure on the treasury are countered by the larger than expected tax collections and an improving fiscal deficit.” READ MORE….
ALSO READ-
New Pay Scales recommended by Sixth Pay Commission
Sixth Pay Commission Pay Scale Calculator
Find the excel sheet for New Pay Scales / Arrears as per the sixth pay commission
Read More Sixth Pay Commission News and New Pay Scales
Continue reading “Sixth Pay Commission and 6% DA for Central Government Employees and Pensioners
Related Reviews
- BJP woos independents to get support for govt formation in Karnatak The BJP, which secured 110 seats, still needs support of three legislators to reach the magic figure of 113 in a House of 224 and is leaving nothing to chance. It, however, voiced optimism of getting the support of some of the independents. The six victorious independents were at the centre of hectic lobbying by the triumphant BJP Monday to get their support to form the next government in Karna...
- CBSE xii Results Examination Results CBSE Examination Results Class X Exam Results 2008 To be Announced Uttar Pradesh Examination Results Uttar Pradesh Technical University (UPTU)- SEE-UPTU-2008 Results To be announced Meghalaya Board of School Education Higher Secondary School Leaving Certificate Examination (Arts) Results 2008 To be announced Meghalaya Board of School Education Secondary ...
- RBI’s Annual Policy for the year 2008-09 : CRR hiked by 25 bps Reserve Bank of India has hiked the cash reserve ratio of banks by another 25 basis points taking it to 8.25 per cent. The hike in CRR comes into effect from the fortnight beginning May 24. The central bank has kept the repo rate and reverse repo rate unchanged at 7.75 per cent and 6 per cent, respectively. It has also held the Bank Rate steady at 6.0 per cent. for more detail click...
- Central Government employees’ DA raised by 6% In its article the Zeenews Bureau writes -As a festival gift to the Central government employees, the Union Cabinet on Friday decided to increase the Dearness Allowance (DA) by 6 per cent and an identical rate of dearness relief to pensioners before Holi. The DA will be increased from 41 per cent of the gross salary to 47 per cent. The hike will be applicable from January 1, 2008, which means t...
- Latest of Sixth Pay Commission’s Sixth Pay Commission’s recommendations Monday, March 24, 2008 (New Delhi) Highlights of the Sixth Pay Commission’s recommendations Pay substantially hiked by an average 40 per cent. Revised pay to be effective from January 1, 2006. To cost exchequer Rs 12,561 cr in 2008-09. Additional one-time burden of Rs 18,060 cr toward arrears. Click here for details:- Continue re...
- Sixth Pay Commission and 6% DA for Central Government Employees and Pensioners Local News about sixth pay commission Approximately 28 to 40% Increase in present gross salary Higher increase may get in higher scales DA will be increased once in a year, presently it is given twice a year Different and better VR schemes are expected Incentives for retaining professionals New Pay Scales recommended by Sixth Pay Commission Sixth Pay Commission Pay Scale Calculator ...
- Sixth Pay Commission Calculator - New & Latest For the latest news and changes in calculator you may visit the given site- http://www.adtan.com/mobilereviews/sixth-pay-commission-calculator-new-latest/...
- sixth pay commission The sixth pay commission report is part of the agenda for discussions being held today at the Prime Minister's Office. The Prime Minister Manmohan Singh may announce the higher wages for central government employees during his Independence day speech on August 15. The Sixth Pay Commission has recommended an effective 28 per cent hike in wages of central government employees. Continue reading ...
- Central Govt. gives to bonanza for Govt. employees Central Govt. announce for bonanza to its about 55 lakh employees, the government on Thursday approved new pay scales that would give them an average increase of 21 per cent, a move that would cost the exchequer Rs 22,131 crore. On the eve of the country's 62nd Independence Day the govt. have given the great bonanza for central govt. employee's in their increase of salaries. A huge of details rel...
- Highlights of the Sixth Pay Commission’s recommendations Pay substantially hiked by an average 40 per cent. Revised pay to be effective from January 1, 2006. To cost exchequer Rs 12,561 cr in 2008-09. Additional one-time burden of Rs 18,060 cr toward arrears. Minimum entry level pay Rs 6,660; Cabinet Secretary to get Rs 90,000. Market driven compensation for young scientists & special posts. Contract appointment for select posts re...
Tags: Sixth Pay Commission
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave Your Review or Advice on Sixth Pay Commission may hike govt salaries by 30%