Join Our Whatsapp Group to Get Latest Updates... : Click Here

Join Our FaceBook To Get More Update ... Click Here.

Join Our Telegram News Channel : Click Here

30 July 2017

7th Pay Commission is the last now Pay hikes yearly for central government employees

7th Pay Commission is the last now Pay hikes yearly for central government employees

With the 7th Pay Commission being the last, a new formula would be in place from next year to review salaries of government employees. The Finance Ministry has made it clear that there would be no further pay commissions.
The government took into consideration that the government should review salaries of government employees periodically instead of setting up a pay commission and waiting for ten years
The salaries of the central government employees will be reviewed periodically. It would not take ten long years to wait for a pay increase or revision in allowances or HRA. The government would review the salary looking into the data available and also based on the price index.
The government will take into consideration the Aykroyd formula while reviewing salaries of government employees. This formula would take into consideration the change in prices of the commodities that constitute a common man’s basket.
◆ Important Link
● Read News :- Click here

To Get Fast Updates Download our Apps:Android|iOS|Telegram

Stay connected with us for latest updates

Important: Please always Check and Confirm the above details with the official website and Advertisement / Notification.

To Get Fast Updates Download our Apps:Android|iOS|Telegram

Stay connected with us for latest updates

Important: Please always Check and Confirm the above details with the official website and Advertisement / Notification.

0 comments:

Post a Comment

Please Comment Your Questions, Queries or Suggestions

Search This Website

Our Visitors

Popular Posts

Join With Me By Facebook

Mo.No.- 95582 50386

Mo.No.- 95582 50386

Google+ Followers

Categories