7th Pay Commission

DA Hike Latest Updates: As per the norms set under the 7th Pay Commission, the dearness allowance is revised twice a year.

7th Pay Commission: Karnataka govt announces 27% pay hike for employees

The 7th Pay Commission, headed by former chief secretary K Sudhakar Rao, has recommended a 27.5 percent hike on basic salary of government employees.

7th Pay Commission DA Hike: Central government employees to get 45% hike in DA. Check details here

7th Pay Commission DA Hike: The last revision was done on March 24, 2023, and was effective from January 1, 2023. DA is provided to employees and pensioners to compensate them for rising prices.

Govt hikes DA by 4% under 7th Pay Commission; details here

The hike takes DA to 38 percent from current 34 percent.

Centre may implement 8th Pay Commission recommendations from 2026, say sources

On the Finance Ministry stating that there is no proposal under consideration to set up the 8th pay panel, the government sources said it was "premature" to ask at this point of time.

7th Pay Commission: Centre revises medical reimbursement ceiling for these government employees

The Centre has revised the annual medical reimbursement claim ceiling for Navodaya Vidyalaya Samiti's staff by increasing it five times

7th pay commission: DA, DR arrears, date for Centre, government servants' body meet fixed

7th pay commission: The Centre has said that it will restore DA and DR benefit of central government employees and pensioners from July 1, 2021, but there is no official statement in regard to three DA and DR arrears payment instalments.

7th pay commission: DA arrears payment talks postponed, likely to happen in June

The meeting over the three installments of DA arrears could not take place in May due to a surge in COVID-19 cases in Delhi and the subsequent lockdown

7th Pay Commission: Pending DA installments to be restored from July: Anurag Thakur

The additional DA for central government employees was halted last year, as the government moved to mop up financial resources in wake of the COVID-19 pandemic.

Govt employees of J&K, Ladakh UTs to get salaries as per 7th pay commission from October 31

Home Minister Amit Shah has approved the proposal of payment of all 7th CPC allowances to the government employees of Union Territory of Jammu and Kashmir and Union Territory of Ladakh, which shall come into existence from October 31.

Raj CM approves proposal to implement 7th Pay Commission in tech institutes

The revised pay will be effective from January 1, 2017, as per the statement.

Govt approves 7th pay commission recommendations for teachers of technical institutions

"This will directly benefit a total of 29,264 teachers and other academic staff of state government funded institutes. Besides, about 3.5 lakh teachers and other academic staff of private colleges or institutions within the purview of All India Council of Technical Education (AICTE) will also benefit from the approval," Union HRD Minister Prakash Javadekar told reporters.

Business confidence improves marginally in Oct-Dec quarter: Report

For the October-December quarter of this year, the Dun & Bradstreet Composite Business Optimism Index stood at 79.5, registering an increase of 3.6 per cent as compared to the year-ago period.

HRA hike under 7th pay commission impacted CPI by 35 bps: Study

"Ex-post analysis of CPI shows that the 7th CPC"s HRA increase pushed up headline inflation prints gradually from July 2017, with a peak impact of about 35 basis points (bps)," said the research paper titled 'Impact of Increase in House Rent Allowance on CPI Inflation'.

Govt extends 7th Pay Commission benefits to teachers of central, state varsities

The move will benefit 7.58 lakh professors, assistant professors and others, HRD minister Prakash Javadekar told reporters.

Odisha to implement 7th Pay Commission recommendations soon: State FM

Finance Minister S B Behera said "we have received the report from the fitment committee and the government is considering to implement the new pay scale for the employees soon."

June IIP to be anaemic at 0.3% on GST destocking: BofAML

Industrial output growth stood at 1.7 per cent in May. Before the implementation of Goods and Services Tax (GST), destocking was triggered largely owing to a steep fall in demand from consumers as they delayed purchases on expectation of getting better price post the new indirect tax regime, the report said.

7th Pay Commission: States where it has been implemented

Uttarakhand was the first state government to accept the recommendations of the commission.

Air India divestment is approached with sense of urgency: Finance Secretary Lavasa

Air India divestment would be approached with a sense of urgency but would be premature to determine the course of events, said Finance Secretary Ashok Lavasa.

7th Central Pay Commission: List of allowances approved by the Cabinet

The revised rates that will come in effect from 1 July 2017 will benefit over 47 lakh employees.

7th Pay Commission: Govt may discuss hike in HRA and other allowances today

The Ashok Lavasa-led committee, constituted to arrive at a consensus, had on April 28 suggested changes in some allowances applicable to central government employees and also for those in specific categories, including Railways and Defence.

7th Pay Commission: Cabinet likely to clear higher allowance for Govt employees today

The Ashok Lavasa-led committee on April 28 had suggested changes in some allowances applicable to central government employees and also for those in specific categories, including railways and defence.

'Upside risks to inflation exist, may deter RBI from rate cut'

D&B expects the CPI inflation to be in the range of 3.5- 3.7 per cent and WPI inflation to be 5.4-5.6 per cent during April this year. According to official data, retail prices jumped to a 5- month high of 3.81 per cent in March while WPI-based inflation slipped to 5.70 per cent in March.

Passenger vehicle sales in India to grow 7-9% in FY18: SIAM

However, increase in raw material costs and oil prices may negatively impact sales during the ongoing fiscal during which the number of new model launches will also remain low with cars likely to see more launches compared to utility vehicles, it added.

Government to announce revised allowances as per 7th Pay Commission in April

Central government employees may be in for some good news this April as revised allowances including house rent allowance (HRA) are likely to be announced after April 12, when the ongoing Budget session of Parliament gets over.