7th Pay Commission

tax collection data, indirect taxes, direct taxes, income tax, corporate tax, modi govt, budget 2017, arun jaitley

Union Cabinet announces 2% hike in DA for Central government employees, pensioners

The two percent increase in dearness allowance (DA) will be effective from January 1, 2017, for Central government staff and pensioners.

Mar 15, 2017

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Karnataka Budget 2017-18: CM Siddaramaiah announces implementation of 7th pay commission proposals for state govt employees

In November last year, Siddaramaiah had talked about appointing a panel to revise the salary of about six lakh Karnataka government employees.

Mar 15, 2017

7th Pay Commission: Tamil Nadu all set to announce salary hike for 18 lakh employees

June 30 is the deadline for the five-member panel to submit recommendations after studying the 7th Pay Commission proposals.

Feb 23, 2017

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7th Pay Commission could give an unintended bonanza to private sector employees

In its report, the 7th Central Pay Commission has proposed doubling the gratuity ceiling for Central government employees to Rs 20 lakh.

Feb 22, 2017

7th Pay Commission: Govt starts releasing arrears to defence pensioners; central employees left upset

Minister of State for Defence Subhash Bhamre has said that disbursing agencies have started releasing 7th Pay Commission arrears to defence pensioners.

Feb 7, 2017

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7th Pay Commission: Recommendations approved for employees of Bureau of Indian Standards

Money has not been seen as a constraint for the Narendra Modi government given that the tax collections have remained buoyant in this financial year.

Jan 30, 2017

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7th Pay Commission: EC's order on Budget 2017 could bring cheer to Central govt employees

The EC's order on Budget 2017 could raise hopes of Central government employees seeking allowances hike as proposed by the 7th pay commission.

Jan 24, 2017

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Budget 2017: FRBM panel submits report on GDP, tax numbers to Arun Jaitley

The FRBM committee was constituted by the Narendra Modi government in May 2016 under the chairmanship of former MP NK Singh.

Jan 23, 2017

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7th Pay Commission: Gujarat govt announces massive salary hike for fixed-pay employees

There are about 1.19 lakh fixed-pay Gujarat government employees and they are set to get a huge increase with implementation of the 7th Pay Commission proposals.

Jan 20, 2017

Budget 2017: Preview of Modi Govt's finances by BofA Merrill Lynch

The BofA Merrill Lynch Global Research report says impact of 7th pay commission proposals, PSU bank recapitalisation, fiscal deficit hold key.

Jan 17, 2017

7th Pay Commission: Good news for autonomous bodies as government may give them salary hike, but with conditions

The finance ministry has also made arrangements for those autonomous body employees who do not meet these criteria to get salaries as per the revised pay scale.

Jan 16, 2017

World Bank cuts India's growth forecast to 7%, after demonetisation

Despite the deceleration, India is predicted to retain its position as the world's fastest growing economy ahead of China.

Jan 11, 2017

7th Pay Commission: Central government employees demanding wage revision postpone strike to March 16

The strike has been postponed in view of the Assembly elections in Uttar Pradesh, Uttarakhand, Manipur, Goa and Punjab.

Jan 8, 2017

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7th Pay Commission, among other factors, to drive growth for Panasonic next year: India CEO Manish Sharma

Panasonic India CEO and president Manish Sharma talks about the company's 2017 plans in an interview with IBTimes, India.

Jan 2, 2017

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7th Pay Commission: SBI releases arrears for Army, Navy, Air Force pensioners

State Bank of India has released Rs 3,323.24 crore in arrears to defence pensioners on Friday.

Jan 1, 2017

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Demonetisation riches: World's fastest-growing economy likely to land $15 billion windfall

Estimates by analysts say PM Modi's demonetisation could result in 'special dividend' of Rs 1 lakh crore ($15 billion).

Dec 29, 2016

Budget 2017: Did PM Modi just lay the foundation for a harsh budget with statement on OROP at Parivartan Rally in Dehradun?

Narendra Modi said in Uttarakhand that implementation of the OROP scheme for the armed forces would require a budget of more than Rs 10,000 crore.

Dec 27, 2016

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7th Pay Commission: Good news for Central government employees

Millions of Central government employees are awaiting a decision on hike in allowances as proposed by the 7th Pay Commission.

Dec 26, 2016

7th Pay Commission: Bad news for staff and pensioners of autonomous bodies as their pay revision may be delayed further

The Confederation of Central Government Employees and Workers (CCGEW) has already taken up the matter of the delay with the Centre.

Dec 25, 2016

What did you search for on Google the most this year

Sultan, Kabali, Pokemon Go, Rio Olympics 2016 dominated Google search in 2016: See what people searched throughout the year

Another great year comes to an end and Google, as usual, has released its report on the topics that dominated its search.

Dec 14, 2016

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