Economy

7th Pay Commission: Check out the latest calculator here

7th Pay Commission: Check out the latest calculator here”

And today the Prime Minister of India though very late has finally approved the recommendation of 7th Pay Commission on due allowances as well relieving anxieties of nearly 47 lac central government employees. The Government of India went ahead to accept the recommendation of the 7th Pay Commission to increase the salaries of the government employees by at least 14% on June 29, 2016, and that too after thinking and discussing it for six long months. For the special pay, it has not changed for past many years and has remained very low.

According to the decision, the recommendations of the Seventh Pay Commission are being implemented in the state with effect from 1 January 2016, an official from the public relation department of the state government said. In final approval, though, only 41 allowances were abolished.

Its a good news for the Madhya Pradesh Government employees, as the state government has chose to go ahead with the 7th Pay Commission recommendations of increasing the salaries upto 14%.

10 per cent for Z category of cities - with a population below 5 lakh of cities.

The modifications are based on suggestions made by the CoA in its Report submitted to Finance Minister on April 27, 2017 and the Empowered Committee of Secretaries set up to screen the recommendations of 7th CPC. This floor rate has been calculated at the rate of 30 per cent, 20 per cent and 10 per cent of the minimum pay of Rs18,000.

According to Jaitley, this decision is set to benefit more than 7.5 lakh 1-3 levels of government employees.

For a Class X city, HRA at 30 per cent of the previous basic pay, that was Rs 7,000, added Rs 2,100 to the pay check. The move benefitted the 48 lakh central government employees.

The seventh pay scale proposal was approved in the Cabinet meeting which was held in Bhopal.

Apart from the decline in HRA, the 7th Pay Commission had also suggested 52 allowances to be scraped and 36 other to be subsumed with other allowances.

Meanwhile, the union cabinet has decided not to abolish 12 of the 53 allowances which were recommended to be abolished by the 7th CPC. "This will benefit over one lakh employees belonging to specific categories in Railways, Posts, Defence and Scientific Departments", it said.



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