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RBI to maintain "prolonged pause" before next rate cut: HSBC
The note comes two days after data showed that headline consumer price inflation (CPI) almost doubled to 2.36 percent for July from 1.54 percent in the previous month, and a day after the wholesale price inflation also shot up to 1.54 percent from being negative in the previous month.
Aug 16, 2017, 16:46 PM IST
Revenue expenditure projected to reduce to about 85% in 2019-20
The proportion of revenue expenditure in the total expenditure which is budgeted to be 85.6 percent in the current fiscal, is projected to be roughly the same in 2018-19 and decrease to 85 percent in 2019-20, according to the Medium-Term Expenditure Framework (MTEF) Statement tabled in the Lok Sabha on Thursday.
Aug 10, 2017, 19:46 PM IST
RBI aims to keep retail inflation near 4% on 'durable basis'
The RBI's Monetary Policy Committee (MPC) on Wednesday decided to reduce the repo rate -- at which it lends to banks -- by 0.25 percent to 6 percent.
Aug 02, 2017, 16:40 PM IST
7th Pay Commission: Armed forces' officials in peace stations to get ration allowances in cash
Armed forces' officials serving in forward bases will continue to get their free ration without any change while those posted in peace stations will be provided the benefit in cash.
Jul 27, 2017, 10:14 AM IST
DTC staff to get 7th Pay Commission salary hike
Delhi Lt Governor Anil Baijal on Wednesday approved a proposal by the government to implement the 7th Central Pay Commission recommendations in the Delhi Transport Corporation (DTC).
Jul 26, 2017, 19:43 PM IST
7th Pay Commission: Maximum Transport Allowance fixed at Rs 15,750 per month, minimum at Rs 900- key facts
The central government employees are set to get monthly Transport Allowance (granted to cover the expenditure involved in commuting between place of residence and place of duty) of up to Rs 15,750 from thier July month salaries.
Jul 15, 2017, 12:39 PM IST
7th Pay Commission: NSG, Natgrid, CISF chiefs get apex pay scale of Rs 80,000
The chiefs of the NSG, Natgrid and CISF have been given the apex pay scale of Rs 80,000, thus removing an anomaly in their salaries, says an order issued by the Department of Personnel and Training.
Jul 14, 2017, 12:52 PM IST
7th Pay Commission on allowances: Maximum monthly HRA hiked by 176% to Rs 75,000
Lower level employees will get HRA hike of up to 157 percent from their July month salaries as against 122 percent for higher level employees. But when DA will cross 50% then higher level employees will receive 176 percent hike as against 157 percent hike for lower level employees.
Jul 12, 2017, 12:52 PM IST
7th Pay Commission: Check out where you will get maximum HRA city-wise
Check out your revised HRA (House Rent Allowance) here city-wise.
Jul 11, 2017, 15:36 PM IST
7th Pay Commission on allowances notified: Here are the key highlights- HRA, modification in allowances
Major highlights of the notification related to 7th CPC recommendations on allowances, published in Gazette of India dated 6th July, 2017.
Jul 10, 2017, 16:29 PM IST
7th Pay Commission: Govt employees to get monthly HRA hike of up to Rs 48,000
The central government employees will get maximum monthly HRA (House Rent Allowance) hike of Rs 33,000 from their July month salaries but it will be revised upwards by Rs 40,500 and Rs 48,000 when DA crosses 25 percent and 50 percent respectively.
Jul 10, 2017, 11:33 AM IST
7th Pay Commission: List of 197 allowances modified, abolished or retained
Here is the complete list of 197 allowances modified, abolished or retained as per the gazzeted notification dated July 6, 2017.
Jul 07, 2017, 14:13 PM IST
7th Pay Commission: List of 34 allowances approved by the government with modifications
Here is the list of allowances recommended by the Seventh Central Pay Commission (7 th CPC) along with modifications as approved by the central government.
Jul 07, 2017, 13:49 PM IST
7th Pay Commission: Allowance for troops in Siachen, Naxal areas more than doubles
The government has more than doubled risk and hardship allowance for armymen in Siachen and hiked the same for security forces deployed for counter insurgency operations and in Naxal-hit areas.
Jul 07, 2017, 13:17 PM IST
7th Pay Commission: Govt notifies higher allowances, HRA; effective from July 1
All allowances given under 7th Pay Commission recommendation will be effective from 1st July 2017.
Jul 07, 2017, 10:17 AM IST
7th Pay Commission: Maximum HRA hiked from Rs 27,000 to Rs 60,000 for now, to be raised to Rs 75,000 when DA crosses 50%
For the central government employees belonging to highest level in the pay matrix, HRA has been increased from Rs 27,000 to Rs 60,000, meaning a hike of 122 percent. However, the HRA for these employees will be revised upwards to Rs 67,500, and Rs 75,000 when DA crosses 25% and 50% respectively.
Jul 06, 2017, 14:23 PM IST
7th Pay Commission: Additional HRA bonanza for more than 7.5 lakh govt employees- know how it will benefit them
Know how more than 7.5 lakh employees belonging to Levels 1 to 3 in the pay matrix will be benefitted, owing to fixation of minimum HRA.
Jul 04, 2017, 14:36 PM IST
7th Pay Commission: Govt employees to get HRA hike in the range of 106 to 157% from next month salary, but without arrears
Know how more than 48 lakh central government employees will start getting maximum HRA hike (House Rent Allowance) of 157 percent from July month salary.
Jul 03, 2017, 09:46 AM IST
7th Pay Commission: Increased allowances come into effect from today
Cabinet this week approved recommendations of 7th Central Pay Commission with 34 modifications.
Jul 01, 2017, 15:44 PM IST
7th Pay Commission on allowances: Where govt employees will get maximum HRA- check out city-wise
Know the actual HRA (House Rent Allowance) city-wise after the Union Cabinet on Wednesday approved the 7th CPC recommendations on allowances with some modifications.
Jun 29, 2017, 15:22 PM IST
