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Sunday, April 5, 2015

The office memorandum shown as from the ministry of finance that the much-awaited dearness allowance had been increased by eight percentage points, higher than the expected six percentage point increase was only an April fools day prank. The memorandum as shown as, numbered 1/2/2015-E.11 (B), dated March 30, 2015, ...........
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Cabinet approval on DA hike likely this Thursday

The Union Cabinet is expected to make the formal approval for the 6% Dearness Allowance hike for the Central Government employees this Thursday (02/03/2015). As per the calculation DA, from January 2015 will be 113% i.e. a hike of 6% .............
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7th CPC may remove the pay band / grade pay system

The All India Audit & Accounts Association has met the 7th pay commission on 27-3-2015 to tender its Oral evidence. The Association observed that the 7th pay commission was of the view to discard the Pay Band – grade pay system. ..........
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