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Tag: 7th Pay Commission

Central Govt Employees: Change in Monthly Gross Basic Salary, DA, DR, Latest Updates

Central Govt Employees: Change in Monthly Gross Basic Salary, DA, DR, Latest Updates

Business
The Union government has recently clarified that it has no plan to raise monthly gross basic pay of the central government employees after the recent hike in the Dearness Allowance (DA). Answering to “Whether the Government is actively considering to raise monthly gross basic pay of Government employees after the restoration of full benefits of Dearness Allowance (DA) and Dearness Relief (DR) in accordance with fitment factor as per the recommendations of 7th Pay Commission", Union minister of state in the ministry of finance Pankaj Chaudhary has said, “The Central government not actively considering any such plan."“The fitment factor of 2.57 was uniformly applied to all categories of employees only for the purpose of fixation of pay in the revised pay structure based in the recommend...