FLASH NEWS : Salient Features Of 7th Pay Commission Recommendation
♦ 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
CLICK HERE TO DOWNLOAD 7TH PAY COMMISSION REPORT
Source : http://finmin.nic.in/7cpc/7cpc_report_eng.pdf
♦ 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
CLICK HERE TO DOWNLOAD 7TH PAY COMMISSION REPORT
Source : http://finmin.nic.in/7cpc/7cpc_report_eng.pdf
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