Budget 2016: Assocham demands income tax exemption to Rs 2.5 lakh, re-introduce standard deduction

Budget 2016: Assocham demands income tax exemption to Rs 2.5 lakh, re-introduce standard deduction New Delhi: Industry body Assocham demanded an increase in income tax exemption ceiling for salaried people to Rs 2.5 lakh and and re-introduce standard deduction for salaried employees to boost consumption in the upcoming Budget. The income tax exemption ceiling at present is Rs 1.5 lakh. “And...

7th Pay Commission – Leaves Army out in the Cold – The US defence budget is more than 4% of their GDP while that of India is less than 2% of the GDP

7th Pay Commission – Leaves Army out in the Cold – The US defence budget is more than 4% of their GDP while that of India is less than 2% of the GDP The 7th Pay Commission has submitted its report to the government recently. The repercussions of the report are now being felt on government finances. The Railways have, as per reports, requested the finance ministry to bear the additional...

1.5% Extra Growth Needed to Grant Wage Hikes – Jaitley

1.5% Extra Growth Needed to Grant Wage Hikes – Jaitley “In the coming year, there would be a burden of Rs 1.02 lakh crore of Seventh Pay Commission, OROP (one rank, one pension) burden is also there. That burden can be sustained only when there is increase in economic activity.” 1.5% Extra Growth Needed to Grant Wage Hikes – “We need to increase our growth rate. We have to at least increase...

Central Government employees taking leave on Jan 1, 2016 may face cut in salary revision

Government employees taking leave on Jan 1, 2016 may face cut in salary revision New Delhi: It is bitter bill that the Central Government employees will have to swallow if they take leave on January 1, 2016. As per the 7th Pay Commission Recommendations, taking leave on 1-1-2016 will affect the effective date of pay revision. The notification says that pay revision will be effected from 1st...

7th CPC had kindled such a great curiosity among the employees

7TH CPC: CENTRAL GOVERNMENT EMPLOYEES EXPECTATIONS AND HAPPY NEW YEAR 2016 That the 7th Pay Commission which was eagerly expected by all the Central Government Employees submitted its recommendations to the Finance Minister on 19/11/2015 would have been known to almost all the employees. This is because all the popular websites, blogs, newspapers and TV channels flashed news about the pay...

Web Based Cadre Management System – updation of data of CSS/CSSS/CSCS officers

21/1/2014-CS.I (PR/CMS) Government of India Ministry of Personnel, PG and Pensions Department of Personnel & Training ***** 2nd Floor, Lok Nayak Bhavan, New Delhi-110003 Dated the December, 2015 OFFICE MEMORANDUM Subject: Web Based Cadre Management System – updation of data of CSS/CSSS/CSCS officers As Ministries/Departments are aware, the Web Based Cadre Management System for CSS, CSSS...