News for 'Pay Commission'

Govt provides for OROP, pay panel despite earlier doubts

Govt provides for OROP, pay panel despite earlier doubts

Rediff.com8 Mar 2016

It should be noted that the CPC allocation is provisional.

AAP locks horns with EC over party's LS poll campaign song

AAP locks horns with EC over party's LS poll campaign song

Rediff.com28 Apr 2024

The over two-minute campaign song, penned and sung by AAP MLA Dilip Pandey, was released at the party headquarters in New Delhi on Thursday.

'Who Does Not Want To Be Prime Minister?'

'Who Does Not Want To Be Prime Minister?'

Rediff.com27 Dec 2024

'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'

New MF Investors, Read This

New MF Investors, Read This

Rediff.com2 Sep 2024

Adopting overly aggressive strategies without considering risk could lead to significant losses during the next downturn.

Bonanza for central govt staff likely

Bonanza for central govt staff likely

Rediff.com20 Feb 2014

The Centre is expected to increase the dearness allowance by 10% to 100% by the end of February.

GST authorities quiz auto dealers on fake invoicing

GST authorities quiz auto dealers on fake invoicing

Rediff.com26 Apr 2023

Expanding investigation into allegedly wrongful claims of input tax credit by insurance companies, the tax authorities are probing a section of automobile dealers who have supposedly generated fake invoices without providing any service, which is a punishable offence under goods and services tax (GST) law. The authorities are learnt to have questioned the car dealers to explain the services they provided general insurance companies. The investigators suspect car dealers pitched for insurance schemes that give them commissions in excess of those insurance regulations permit.

What Maharashtra Win Means For Modi

What Maharashtra Win Means For Modi

Rediff.com24 Nov 2024

'Undeniably, Modi's position has stabilised and he has staged a comeback of sorts from the weeks after the Lok Sabha results.' 'Coalition partners are likely to be more tolerant of Modi... The forthcoming elections in Delhi and Bihar will determine whether this continues or not.' 'To win Delhi and Bihar, Modi will have to work in conjunction with the RSS.' 'However, because of the 'truce' that has been worked out within the Sangh Parivar, Modi will have to be more consultative than he has been in the past ten years,' reveals Modi biographer Nilanjan Mukhopadhyay.

Ratan Tata's Biggest Contribution To Management Theory

Ratan Tata's Biggest Contribution To Management Theory

Rediff.com15 Oct 2024

'It is notable how humble he was and didn't want anything different just because he was a Tata.'

Pay hike: How to spend your money wisely

Pay hike: How to spend your money wisely

Rediff.com30 Jun 2016

The Pay Commission's award will provide a windfall that can be used to both spend and invest wisely.

Haryana: Small state rich in financial resources

Haryana: Small state rich in financial resources

Rediff.com8 Jul 2016

The state has close to 280,000 employees and 180,000 pensioners.

No family planning, haircutting, 'soap toilet' allowances for govt employees

No family planning, haircutting, 'soap toilet' allowances for govt employees

Rediff.com10 Jul 2017

Funeral and cycles allowances have been retained and revised.

Govt discontinues 7 interest free advances for employees

Govt discontinues 7 interest free advances for employees

Rediff.com7 Oct 2016

All interest free advances stand discontinued with the exception of interest free advance for medical treatment, travelling allowance for family of deceased, travelling allowance on tour or transfer and leave travel concession

DA hike to 31% effective from July 1: FinMin

DA hike to 31% effective from July 1: FinMin

Rediff.com26 Oct 2021

Dearness Allowance for central government employees has been hiked to 31 per cent of the basic pay from 28 per cent with effect from July 1, 2021, the Finance Ministry said. In an office memorandum, the Department of Expenditure, under the Finance Ministry, said the term 'basic pay' means the pay drawn as per the 7th pay commission matrix and does not include any other type of pay like special pay, etc. "....the Dearness Allowance payable to central government employees shall be enhanced from the existing rate of 28 per cent to 31 per cent of the basic pay with effect from July 1, 2021," said the office memorandum dated October 25.

The Caste System In Govt Employment

The Caste System In Govt Employment

Rediff.com1 Aug 2022

For large numbers of employees in the government system, the month-end salary cheque is no longer guaranteed. So the days of the government and State-owned enterprises wanting to be ideal employers are over, observes T N Ninan.

'Indian On Moon By 2040'

'Indian On Moon By 2040'

Rediff.com21 Aug 2024

'Our vision for the future includes the creation of an active ecosystem, human space flight, a human space station.'

Mumbai hotel owners move HC against dry day order on counting day

Mumbai hotel owners move HC against dry day order on counting day

Rediff.com21 May 2024

The plea is likely to be heard on Wednesday by a vacation bench.

Hasina's dictatorship destroyed every Bangladeshi institution: Yunus

Hasina's dictatorship destroyed every Bangladeshi institution: Yunus

Rediff.com18 Aug 2024

The chief adviser alleged elections held under Hasina's regime were "rigged blatantly and generations of young people grew up without exercising their voting rights."

'Why Are Stars Being Paid Rs 35 Crore?'

'Why Are Stars Being Paid Rs 35 Crore?'

Rediff.com19 Aug 2024

'Everyone knows the money the stars are asking for is absurd.'

7th Pay Panel: Private sector employees want similar hikes

7th Pay Panel: Private sector employees want similar hikes

Rediff.com11 Dec 2015

Entry-level employees were the most disappointed.

Govt staff salaries: A whopping Rs 1 lakh cr and to rise further!

Govt staff salaries: A whopping Rs 1 lakh cr and to rise further!

Rediff.com12 Aug 2015

The outgo towards salary will further rise in 2017-18 to over Rs 1.28 lakh crore.

Bank Liable For Employee Oversight

Bank Liable For Employee Oversight

Rediff.com5 Jan 2024

The Commission concluded that the bank officials had evidently been negligent in failing to compare the signature prior to making payment, notes Jehangir B Gai.

'Ratan and I Were Good Chums'

'Ratan and I Were Good Chums'

Rediff.com14 Oct 2024

Arun Maira who worked for 25 years with the Tata Group, remembers his early years with Ratan Tata.

Mr Modi, please heed loss of morale in armed forces

Mr Modi, please heed loss of morale in armed forces

Rediff.com21 Apr 2017

'The non-implementation of the Seventh Pay Commission, almost a year after it was implemented for civilians, is gradually beginning to hurt morale in the armed forces,' says Brigadier Gurmeet Kanwal (retd).

'BJP murdered democracy in Surat'

'BJP murdered democracy in Surat'

Rediff.com25 Apr 2024

'Can you imagine that Surat's voters won't have any say now in exercising their fundamental right to choose a candidate of their own choice? This is what the BJP has reduced India's democracy to.' 'With this ugly act, in one stroke, the BJP has disenfranchised the voters of Surat.'

Can state govts match Centre bonanza?

Can state govts match Centre bonanza?

Rediff.com26 Mar 2008

Since most of the States' coffers are depleting the hike in salaries in states is unlikely to match the central government. The payout is likely to be deferred levels. Besides, many states have their own pay commissions. However, state govt employees are assessing whether it is the central pay commission's recommendations that will be more beneficial for them or the state govt's own, as state commission's recommendations are reviewed every 5 years and centre's every 10 years.

DA for central govt employees hiked by 3%

DA for central govt employees hiked by 3%

Rediff.com30 Mar 2022

The Union Cabinet on Wednesday hiked Dearness Allowance (DA) and Dearness Relief (DR) by 3 per cent to 34 per cent to compensate for the price rise, benefitting over 1.16 crore central government employees and pensioners. The additional instalment will be effective from January 1, 2022, said an official release after the Cabinet meeting. "The Union Cabinet...has given its approval to release an additional instalment of DA to central government employees and DR to pensioners w.e.f. January 1, 2022, representing an increase of 3 per cent over the existing rate of 31 per cent of the Basic Pay/Pension, to compensate for price rise," an official statement said.

New video claims 70 women received cash for Sandeshkhali protest

New video claims 70 women received cash for Sandeshkhali protest

Rediff.com12 May 2024

In the latest tape that surfaced on Saturday night, Kayal was heard saying that 70 women got Rs 2,000 each for taking part in protests against Sheikh who was arrested and later suspended by the police.

Good News For Android App Developers

Good News For Android App Developers

Rediff.com30 Dec 2023

For many developers, it may not be a sufficient saving to make it worth creating and maintaining alternatives.

SlicePay: The 'buy now, pay later' start-up for students

SlicePay: The 'buy now, pay later' start-up for students

Rediff.com7 Nov 2017

With more and more youngsters preferring to shop online, the credit appetite has surged.

Modi govt faces 5 big economic challenges

Modi govt faces 5 big economic challenges

Rediff.com25 Nov 2015

The challenge of cleaning up the taxation system and introducing the goods and services tax (GST) regime cannot be underestimated.

Last Minute Tips For Error Free ITR

Last Minute Tips For Error Free ITR

Rediff.com31 Jul 2024

It is advisable to file your ITR right away and not rely on potential extensions.

HC permits liquor sale in Mumbai after LS poll results on June 4

HC permits liquor sale in Mumbai after LS poll results on June 4

Rediff.com24 May 2024

"Let's work it out. There has to be some parity," the high court said.

ISI Funds Khalistanis In Canada

ISI Funds Khalistanis In Canada

Rediff.com28 Oct 2024

The statements the separatists make, the abominable tableaux at their parades, the slogans, posters, and selfies with assault rifles are not India's problem. If they are a nuisance, it should bother their host countries, because they are armed and have their own underworld with deadly gang rivalries. Significantly, none of this happens in the US -- only in snowflaky Canada, points out Shekhar Gupta.

Banks Bound To Honour Bearer Cheque

Banks Bound To Honour Bearer Cheque

Rediff.com25 Jan 2024

The National Commission held that any individual possessing a bearer instrument is legally entitled to encash it, and the bank is bound to honour such an instrument when it is presented for payment.

Mamata free to make statements on guv, but...: HC

Mamata free to make statements on guv, but...: HC

Rediff.com27 Jul 2024

Modifying the single bench order, the division bench presided by Justice I P Mukerji directed that Banerjee and Ghosh will be free to make any statement concerning the Governor, not crossing the contours of freedom of speech and expression and public duty.

Buying Financial Products? Beware!

Buying Financial Products? Beware!

Rediff.com27 Nov 2023

Avoid relying on a bank RM for investment advice. Instead, approach a Sebi-registered investment advisor whose livelihood depends on the fee paid by his customers and not on product commissions.

Wipro CEO Thierry Delaporte got $8.7 mn pay package in FY21

Wipro CEO Thierry Delaporte got $8.7 mn pay package in FY21

Rediff.com10 Jun 2021

Wipro Chief Executive Officer Thierry Delaporte drew a pay package of $8.7 million (around Rs 64.3 crore) in the financial year 2020-21, according to a regulatory filing. Delaporte's compensation is for the period from July 6, 2020, to March 31, 2021, and includes components such as a one-time cash award, annual stock grant and one-time grant of RSUs (restricted stock units). The former Capgemini executive had joined the Bengaluru-headquartered Wipro as its chief executive officer and managing director on July 6, succeeding Abidali Neemuchwala.

'BJP will pay the price for ignoring us'

'BJP will pay the price for ignoring us'

Rediff.com29 Nov 2018

Rajasthan's teachers plan to teach Vasundhara Raje a lesson.

More than 7,000 resident doctors in in Maharashtra go on strike

More than 7,000 resident doctors in in Maharashtra go on strike

Rediff.com3 Jan 2023

Talking to reporters, state medical education minister Girish Mahajan said he has asked resident doctors to engage in a dialogue and urged them not to stretch the matter further.

Power of Constitution: Cong on govt's lateral entry roll-back

Power of Constitution: Cong on govt's lateral entry roll-back

Rediff.com20 Aug 2024

Leader of the Opposition in the Lok Sabha Rahul Gandhi asserted that the Congress will protect the Constitution and the reservation system at all costs and foil "conspiracies" of the Bharatiya Janata Party.