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7th Pay Commission Latest News – Likely Minimum Pay 23,000 and fitment factor 2.7 – Zee News Reports on 7th CPC Empowered Committee’s proposal to Govt

  All Central Government Employees would be rejoicing at the news that is published by Zee News if it turns to be a reality. Empowered Committee that studies to suggest suitably on 7th Pay Commission recommendations is reported to have proposed a minimum basic pay of Rs. 23,000 in the place of Rs. 18,000 recommended [...]

Virtually all States support GST – FM

VIRTUALLY all states have supported the idea of GST today barring Tamil Nadu which has expressed some reservations. Tamil Nadu has offered a few suggestions which have been noted by the committee.", said the Finance Minister yesterday after a meeting of the empowered committee of State Finance Ministers. He said that there was no deadline [...]

7th Pay Commission Latest News – Empowered Committee Meeting Postponed – “The meeting is expected to take place on Tuesday, June 14”, said V.P. Mishra, President, Indian Public Service Employment Federation.

  The meeting of the Empowered Group of Secretaries reviewing the 7th Pay Commission, to finalize the payout to the central government employees did not take place as scheduled earlier on Saturday.   The office of the Cabinet Secretary dealing with 7th Pay Commission’s recommendation confirmed that the meeting did not take place on Saturday. [...]

Sad demise of Shri R.V.Balaram, Joint Commissioner of Service Tax-VII, Mumbai.

With profound sadness, HYDEXCUST informs that Shri R. V Balaram, Joint Commissioner of Service Tax-VII, Mumbai, collapsed while on duty in the Headquarter office at Satra Plaza, Vashi, Navi Mumbai,  around 1 pm on 10.06.2016. Within no time, he was rushed to the nearest Hospital for medical assistance, but within 20 minutes, the Almighty took [...]

LTC to Jammu and Kashmir by Private Airlines – DOPT extends the relaxation till 25.09.2016 – Earlier relaxation for LTC to J&K by private airlines expired on 27.11.2015

      No.31011/7/2014-Estt.(A-IV) Government of India Ministry of Personnel, Public Grievances and Pensions Department of Personnel and Training Establishment A-IV Desk North Block, New Delhi-110 001 Dated: June 1st, 2016 OFFICE MEMORANDUM Subject:- Central Civil Services (Leave Travel Concession) Rules, 1988 — Relaxation to travel by private airlines to visit Jammu & Kashmir – [...]

7th Pay Commission latest news – Confederation calls for Strike as it perceives low wage hike and no revision in fitment forumula

 – Confederation negates media reports on 7th CPC fitment formula  of 3.0 as false one The Staff side had demanded of minimum wage of Rs 26000/- & fitment formula of 3.71. Against this the 7th CPC had recommended minimum wage of Rs 18000/- & fitment formula of 2.57. The 7th CPC recommendations has provided only at 14% [...]

IZT,2016 Order of Superintendents in common cadre of Hyderabad Zone CCA issued

EO(GO)73-2016(SUPDT AGT ORDER) (2).pdf

Govt. may increase Service Tax Rate to 16% in Budget,2016

To shore up its revenues in order to spend more, the government may increase service tax to 16 percent from the current 14 percent, a move that would make many services costlier, according to a report by business news channel CNBC-TV18  “In addition to the Swachh Bharat Cess of 0.5 percent already levied, sources say [...]

ay Commission implementation by the Centre and state governments would lead to a $50 bn fiscal stimulus over the next two years

PRBI Governor Raghuram Rajan on Tuesday announced its monetary policy review and left the key policy rate unchanged. However, it indicated at a accommodative stance on inflation and further rate cut. Rajan said with “inflation moving closer to the target” there would be more room for rate cut to support growth.. However, the RBI also [...]

Govt. constitutes Empowered Committee of Secretaries for processing the Report of the 7th CPC