Page 2 - Latest Updates on 7th Pay Commission
GST, 7th Pay Commission allowances to bump up inflation temporarily: HSBC
HSBC report said after HRA increase, headline inflation is likely to rise by about 65 bps for a year
 "GST, 7th Pay Commission allowances to bump up inflation temporarily: HSBC")
7th Pay Commission: Defence personnel to get enhanced pay from May
Govt had last week raised their pay package after cabinet accepted certain demands of 3 services
 "7th Pay Commission: Defence personnel to get enhanced pay from May")
7th Pay Commission: Lavasa panel on allowances submits report to Jaitley
Report will be taken up by the Union Cabinet after it is examined by empowered group of secretaries
 "7th Pay Commission: Lavasa panel on allowances submits report to Jaitley")
7th Pay Commission: Lavasa panel submits report on allowances to Jaitley
Pay panel recommended abolition of 52 allowances while subsuming 36 others into existing ones
 "7th Pay Commission: Lavasa panel submits report on allowances to Jaitley")
HRD forms panel to implement 7th pay commission in educational institutions
Development comes against backdrop of teachers' associations threatening to strike
 "HRD forms panel to implement 7th pay commission in educational institutions")
Lavasa panel fails to wrap up deliberations on 7th pay commission
Employees seek clarity on 14 additional allowances that the pay panel did not include in its report
7th Pay Commission: Lavasa panel might give report to FM today
The panel's work is in its final stages, said a senior officer
 "7th Pay Commission: Lavasa panel might give report to FM today")
Lavasa panel yet to take a decision on 7th Pay Commission's recommendations
The decision on allowances was postponed because the CPC wanted a number of these to be abolished
Govt might soon take final call on pay panel allowances
A panel headed by Finance Secy Ashok Lavasa is examining suggestions by 7th pay panel
Pay revision not to directly apply to autonomous bodies
Memorandum noted that no decision taken with regard to allowances based on 7th CPC for govt employees
 "Pay revision not to directly apply to autonomous bodies")
Bonanza for J&K employees: To get massive salary hike from 2018
Jammu and Kashmir will implement the recommendations of the 7th pay commission from April 2018
 "Bonanza for J&K employees: To get massive salary hike from 2018")
7th Pay Commission inflates Uttar Pradesh salary bill by 12%
Govt's decision to benefit an estimated 16.52 lakh government employees, 10.50 lakh pensioners' families in UP
Goa to implement 7th Pay Commission by December: Laxmikant Parsekar
Parsekar said the implementation would be ordered much before the Code of Conduct for the upcoming State Legislative Assembly election
 "Goa to implement 7th Pay Commission by December: Laxmikant Parsekar")
Pay heed govt employees: Non-performers will not get annual pay hike
7th Pay Commission had recommended withholding annual increments of non-performers
 "Pay heed govt employees: Non-performers will not get annual pay hike")
Centre forms committee to look into pay related anomaly
22 member panel is formed to look into various pay related anomalies arising out of the implementation of the Seventh Central Pay Commission's recommendations
 "Centre forms committee to look into pay related anomaly")
Change rules to reflect 7th CPC recommendations: Government to departments
Centre has accepted most of the recommendations of the 7th Pay Commission, to be implemented from January 1, 2016
Govt may pay Rs 34,600 cr as arrears in August salary: Ind-Ra
The outgo due to the hike in salary and pension is unlikely to cause significant systemic liquidity disruption, it said
 "Govt may pay Rs 34,600 cr as arrears in August salary: Ind-Ra")
Financials better proxies to play consumption theme
As volume growth remains muted for consumer goods firms and their rich valuations are also being questioned, scrips of retail-fronted banks and NBFCs make more sense
 "Financials better proxies to play consumption theme")
NDMC to implement 7th Pay Commission despite financial crunch
Matter would soon come up in the NDMC House and sources said it is likely to be cleared by it
 "NDMC to implement 7th Pay Commission despite financial crunch")
Govt notifies revised 7th Pay Commission recommendations for employees, pensioners
Recommendations, which will cost the exchequer annually Rs 1.02 lakh crore, were notified in a gazette on Monday
 "Govt notifies revised 7th Pay Commission recommendations for employees, pensioners")
