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Thursday, 19 November 2015

FLASH NEWS : Salient Features of 7th Pay commission recommendation


7th Pay commission report submitted

♦ Report consist 900 pages
♦ Pay Panel recommends 16% Pay hike
♦ Garde Pay and Band Pay system abolished
♦ Minumum Salary 18000
♦ Apex pay scale 225000
♦ Cabinet secreatry Pay 250000
♦ Annual increment 3%
♦ 23.5% hike in pay and allowance together
♦ Fitman formula 2.57%
♦ Group insurance increased to 50 lakhs
♦  HRA remains Same 10% 20% 30%
♦ 52 Allownances abolished
♦ 36 Allowances submerged

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