Articles for tag: Pay Commission, pension benefits, salary structure

Rajiv Sharma

Business
Will central employees' salaries triple under the 8th Pay Commission? When will it be implemented?

Will central employees’ salaries triple under the 8th Pay Commission? When will it be implemented?

The central government has initiated consultations with key ministries and departments regarding the formation of the 8th Pay Commission (CPC). This initiative aims to revise the salary structure for approximately 5 million central government employees and 6.2 million pensioners. The establishment of the 8th Pay Commission is expected to have a significant impact on the ...

Rajiv Sharma

Business
Waiting for DA after the bonus; a gift could arrive soon.

Waiting for DA after the bonus; a gift could arrive soon.

The 7th Pay Commission plays a critical role in shaping the compensation structure of central government employees in India. One of its significant functions is to address the challenges posed by rising inflation and the increasing cost of living. To help employees manage these economic pressures, the government announces Dearness Allowance (DA) twice annually, specifically ...