Archive for August, 2008

Madhya Pradesh to implement Sixth Pay Commission recommendations

Bhopal, Aug 28 (IANS) Madhya Pradesh Chief Minister Shivraj Singh Chouhan Wednesday said the state government would implement the Sixth Pay Commission recommendations for its employees soon. Chouhan made the announcement at a convention in the tribal-dominated Khandwa district. The convention was organised to launch a tendu leaf bonus distribution programme. The implementation of the [...]

Sixth Pay Commission: ‘High VAT, other tax mop-up to cushion impact of pay revision’

NEW DELHI : Buoyancy in VAT and other tax collections will cushion the impact on finances of states, following a hike in salaries of government employees as recommended by the Sixth Pay Commission, credit rating agency Fitch said on Thursday. The agency said that fiscal condition of states has improved massively since 1997 when the [...]

Sixth Pay Commission: Inflation eases to 12.40%

PTI Thursday, August 28, 2008 19:36 IST NEW DELHI: Lower prices of food and fuel items pulled down inflation to 12.40 per cent, offering hopes of what the Finance Ministry described as “early signs of moderation” in prices. The decline in the rate of price rise by 0.23 per cent from 12.63 per cent in [...]

Sixth Pay Commission Notification, 6th Pay Commission www.khabrein.info

Govt. to issue Sixth Pay Commission Notification sixth pay commission report as approved by the cabinet has been handed over to DOPT for its implementation. some highlights of latest developments are . Uniform Date of increment (July).

Sixth Pay Commission: Pay panel notification likely tomorrow

Thursday, August 28, 2008 The much-awaited official notification of the revised central government pay rules is expected to be issued this Friday. The notification with regard to the Sixth Pay Commission award is ready and is currently being approved by statutory authorities. Sources said the dearness allowance effective this July is also likely to be [...]

Govt. to issue Sixth Pay Commission notification tomorrow (www.khabrein.info)

By Khabrein.Info Correspondent, New Delhi, Aug 28: The Union government is set to issue the notification of the Sixth Pay Commission’s recommendation tomorrow. This would be the final stamp on sixth pay commission recommendations and it would come into effect. Around 5.5 million central government employees have been anxiously waiting for the day to come. [...]

Sixth Pay Commission: TEXT-Fitch – impact of the Sixth Pay Commission on Indian states

(The following statement was released by the ratings agency) Aug 28 – Fitch Ratings has today commented that on the basis of present economic growth trends and the fiscal situations of Indian states, the likely impact of the Sixth Pay Commission (SPC) recommendations on the states’ financial profile will not be as severe as it [...]

Sixth Pay Commission : Official Notification by Friday

The Official Notification of the revised sixth pay commission recommendations is expected to be released this Friday 29th August, 2008. The Copy of the notification was submitted around 3 days back and it is currently being approved by the statutory authorities. Following is the excerpt of the news published in Business Standard regarding the Sixth [...]

6th Pay Commission notification to be issued Friday

By Khabrein.Info Correspondent, New Delhi, Aug 28: The long wait is over. The government is all set to issue the notification of the 6th Pay Commission’s recommendation tomorrow, Friday. This is sure to be a big relief for 5.5 million central government employees who have been anxiously awaiting the notification.

Sixth Pay Commission Notification (www.ratevin.com)

Sixth pay commission report as approved by the cabinet has been handed over to DOPT (Department of Personnel and Training) for its implementation. some highlights of latest developments are 1. Uniform Date of increment (July). 2. Reduction in HRA for senior officers in A1 Cities, to bring parity with market rents in metros. 3. De-merging [...]