Reserve Bank is expected to cut repo rate by 25 bps in its August meeting.
02 Jul 2017 12:19 PM
The 7th Pay Commission suggested abolition of 53 allowances. Of these, the govt decided not to do away with 12 allowances, Jaitley said.
29 Jun 2017 9:01 AM
The Union Cabinet had not been able to take a decision on this matter in its last meeting on June 7.
28 Jun 2017 7:06 PM
The Lavasa committee had submitted its report to finance minister Arun Jaitley on April 27.
14 Jun 2017 2:33 AM
Central government employees are currently waiting for a positive response from the government.
13 Jun 2017 6:15 PM
RBI left key interest rate unchanged as it wanted to be more sure that inflation will stay subdued.
13 Jun 2017 2:41 PM
Employees' union has demanded an HRA of 30 per cent, 20 per cent and 10 per cent of their basic salary.
29 May 2017 3:11 PM
Lavasa Committee has proposed a House Rent Allowance of up to 30 per cent of basic salary.
25 May 2017 11:54 AM
Empowered Committee of Secretaries to discuss today allowance structure for central govt employees.
24 May 2017 1:15 PM
Rawat highlighted the notification of 7th Pay Commission for the Armed Forces on this occasion.
07 May 2017 10:59 AM
Armed forces have been pressing for reverting to percentage-based regime for disability pension.
04 May 2017 1:13 PM
Full implementation of panel recommendations will cost govt Rs 29,300 crore.
28 Apr 2017 5:01 PM
At present, there are as many as 43 lakh central govt employees and 53 lakh pensioners.
24 Apr 2017 4:15 PM
The nurses are protesting against what they call “discrimination” by the 7th Pay Commission.
18 Mar 2017 2:49 AM
Besides tax break, there could even be a universal basic income in the Budget, industry officials and tax experts said.
30 Jan 2017 4:23 PM
Under this scheme, black money hoarders would have time until March-end to come clean by paying 50 per cent tax.
29 Dec 2016 1:23 PM
All the procedures for the implementation of seventh pay commission for the state government workers have been completed.
17 Nov 2016 6:17 PM