FLASH NEWS : Salient Features Of 7th Pay Commission Recommendation

FLASH NEWS : Salient Features Of 7th Pay Commission Recommendation

FLASH NEWS : Salient Features Of 7th Pay Commission Recommendation 

7th Pay commission report submitted

♦ Report consist 900 pages

♦ Pay Panel recommends 16% Pay hike

♦ Grade Pay and Band Pay system abolished
♦ Minimum Salary 18000
♦ Apex pay scale 225000
♦ Cabinet secretary Pay 250000
♦ Annual increment 3%
♦ 23.5% hike in pay and allowance together
♦ Fitman formula 2.57%
♦ Group insurance increased to 50 lakhs
♦ HRA remains Same 10% 20% 30%
♦ 52 Allowances abolished
♦ 36 Allowances submerged