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Tuesday, December 1, 2015

Govt. may offer a better deal to Central Employees

Govt. may offer a better deal to Central Employees

After submission of much waited 7th CPC report, Central employees have mixed reaction regarding actual pay hike. Most of the employees and pensioners expected a better deal. The Commission did not make any substantial hike in Basic Pay. Taking into existing D.A. in consideration, the hike is little.  Still the employees may get an average 23% hike with the increased House Rent Allowances though the rate has been reduced to 24,16 and 8 percent respectively. The Transport Allowances remains unchanged with only merger of D.A. Those who live in quarters are deprived of HRA and thus will benefit a little only.

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Govt may provide Tax Relief for individuals earning up to Rs 15 Lakh Annually

There is good news for the citizens of India. The government may provide tax relief to the middle class. The middle class is criticizing gov...

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