Seventh Central Pay Commission

Feb 09, 2016 at 20:01 | Source: PTI
As per the Central Statistics Office, Indian economy will grow at a 5-year high of 7.6 percent in the fiscal ending March, overtaking a slowing China, on the back of improvement in manufacturing and farm sectors.
Feb 06, 2016 at 16:34 | Source: PTI
"We would urge upon the the Union Government to fully compensate the state for the CST loss through adequate provision in the Union Budget 2016-17," Pradip Kumar Amat, Finance Minister of Odisha said during the meeting.
Feb 02, 2016 at 20:00 | Source: PTI
"Ongoing global jitters have raised concerns about India's growth prospects as well. The OECD's leading indicator, however, suggests that these fears are unfounded," the Nomura report said.
Feb 02, 2016 at 20:00 | Source: PTI
Moreover, investors looking at APAC/GEMs are largely unaware of any such policy shift or haven't realised the full impact as they are looking at the CPC narrowly from central government's fiscal perspective, said Gautam Chhaochharia, Head of India Research, UBS, and author of the report.
Jan 15, 2016 at 09:14 | Source: PTI
The ratings agency added that it is all the more crucial for enhanced public spending to drive growth till corporate earnings recover fully. If the government decides to go for fiscal loosening in the Budget, the BSE 500 companies can achieve 12-14 percent pre-tax profits, it said in a statement.
Dec 31, 2015 at 12:14 | Source: PTI
Going forward, Jaitley will have a tough time in sticking to the fiscal roadmap (3.5 percent of GDP in 2016-17) while taking care of additional outgo towards seventh Pay Commission award and One Rank One Pension (OROP) for retired defence personnel.
Dec 28, 2015 at 14:57 | Source: CNBC-TV18
According to Sahil Kapoor of Edelweiss Broking, one may see 30-35 percent upside in United Spirits in 2016.
Dec 22, 2015 at 10:55 | Source: PTI
Though earnings were up by 6.67 percent up to December 10 as compared to last year, there was a decline in meeting the target. Railways' earnings till December 10 were Rs 1,11,834.32 crore as against the target of Rs 1,22,639.16 crore, a decline of 8.8 percent.
Dec 22, 2015 at 10:46 | Source: Moneycontrol.com
The government may bring down the number of exempted items to around 90 goods from current 300, which is closer to the number of items exempted by the state value added tax
Dec 21, 2015 at 10:18 | Source: Moneycontrol.com
Since coming to power, the NDA government has already increased the service tax rate once. It was increased from 12.36 percent to 14 percent this fiscal year, along with an imposition of Swachh Bharat cess of 0.5 percent on all services from November 15
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Source:BBC - Media in India feel that the federal government has set up a panel to review the salaries of its employees in a bid to attract voters ahead of the elections. Finance Minister P Chidambaram on Wednesday announced that the Seventh Central Pay Commission will recommend its findings in two

5.05 PM Sep 26th 2013

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Source:The Hindu BusinessLine - Prime Minister Manmohan Singh has given his nod for setting up the seventh Central Pay Commission, Finance Minister P. Chidambaram said today. Allowing about two years for the seventh pay commission to submit its report, the recommendations are likely

2.27 PM Sep 25th 2013

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An estimated eight million central government employees and pensioners can now look forward to higher emoluments with the constitution of the Seventh Central Pay Commission (CPC), which the government announced Wednesday.

9.32 PM Sep 29th 2013

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