8th Pay Commission: Anticipated Significant Salary Increase for Government Employees
The 8th Central Pay Commission (CPC) is poised to introduce substantial modifications to the salary and pension framework for central government employees and pensioners in India. Below are the key updates regarding this development. Key Aspects of the 8th Pay Commission Formation Approval: The Government of India, led by Prime Minister Narendra Modi, has approved the establishment of the 8th Pay Commission. This new framework will supersede the current 7th Pay Commission, which will continue to be applicable until 2026. Projected Salary Increase: Reports indicate a considerable increase in the basic pay for government employees. The minimum basic salary may rise from
Read MoreIt wouldn't be a New Year without resolutions. Whether it’s a prudent tax planning or firming your portfolio, the key isn't making a list, it’s sticking with it. Here are some useful tips that one must follow to make new year tax friendly.Plan your tax savings in timeLeaving tax planning for March may not be a wise idea. It will expose you to
Read MoreF.No. A-27017/01/2015-Ad.VI (A)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, dated 9th January, 2015ToAll Pr. Chief Commissioner of Income Tax,All Director General of Income Tax,Sub: Relaxation for purchase of Air-Tickets on TA (Transfer) from Private Agents – Regarding.Sir/ Madam,Kindly find
Read MoreNo. 36035/4/2013-Estt.(Res)Government of IndiaMinistry of Personnel, Public Grievances & PensionsDepartment of Personnel and TrainingNorth Block, New DelhiDated 6th January, 2015/OFFICE MEMORANDUMSubject: Amendment in Para 15(i) of OM dated 29.12.2005Department of Personnel and Training vide OM No 36035/3/2004-Estt.(Res) dated 29.12.2005 had
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