Salary Revision News - Latest Updates & Headlines
Explainer: All you need to know about the mechanism for revising MPs' salaries
New Delhi, March 25: The 24 per cent increase in salaries of MPs to Rs 1,24 lakh a month, announced on Monday, is part of a structured mechanism, set up after the Finance Act of 2018 amended the Salaries, Allowances, and Pension of Members of Parliament Act, 1954, to link MPs’ salaries to inflation, specifically using the Cost Inflation Index (CII), according to a senior official.
8th Pay Commission to potentially increase salaries by 25-30 pc and pensions proportionately
New Delhi, Jan 17: The 8th Pay Commission, when implemented, will potentially increase salaries of Central government employees by 25-30 per cent and pensions proportionately, industry experts said on Friday.
'Employees very happy with decision': Railway Board official on 8th pay commission formation
New Delhi, January 17: In a significant development, the Union Cabinet on Thursday gave the green light for the constitution of the 8th Pay Commission on Thursday.
Centre's approval of 8th Pay Commission spark celebration among railway employees
New Delhi, Jan 16: In a move that has brought joy to millions of Central government employees, the Union Cabinet has approved the formation of the 8th Pay Commission to revise salaries and pensions for government workers. The decision, announced on Thursday, has sparked widespread celebration among railway employees, with many expressing their gratitude to Prime Minister Narendra Modi and Union Minister Ashwini Vaishnaw for fulfilling a long-awaited demand.
Cabinet approves setting up of 8th Pay Commission for Central Govt staff, pensioners
New Delhi, Jan 16: The Union Cabinet on Thursday approved the formation of the 8th Pay Commission, which will take up the issue of increasing salaries of Central government employees and payments to pensioners.