7TH PAY COMMISSION RECOMMENDATIONS PDF
5, Cabinet decisions on Implementation of the recommendations of Seventh Central Pay Commission, Download ( MB) application/pdf. 6, Highlights of. Revision of Entitlement of TA and DA to JCM Members after implementation of Seventh CPC recommendations, Download ( KB) pdf. Circulation of OM . To make recommendations on the above, keeping in view: the Seventh Central Pay Commission with specified Terms of Reference. The.
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PDF | 7th Pay Commission: Urban households are likely to absorb 64% to implement the recommendations of the Seventh Pay Commission. provided for rates of Headquarters Special pay/ Special Allowance admissible to officers of the. Organized Group 'A' services on their posting in. Technical Institutions (CFTIs) following the pay revision of the Central. Government employees on the recommendation of 7th Central Pay Commission.
How to file GST Returns? Log In Sign Up. Invest Now. In a move that will benefit over 1. The previous DA hike was in August last year when the government had increased it to 9 per cent from 7 per cent.
7th Pay Commission Pay Scales
Since the hike comes into effect retrospectively from January 1, the employees will also get arrear for the month of January. Now, the central government employees and pensioner will get Dearness Allowances at the rate of 12 per cent. In a decision that will benefit thousands of academicians, Bihar CM Nitish Kumar has announced to give 7th pay commission salaries to madrassa teachers of the state. The Ministry of Railways has also decided to constitute a Committee for the inclusion of fresh categories within the ambit of Risk and Hardship Allowance.
7th Pay Commission Pay Scales
To bring the uniformity in the retirement age, the ministry will be increasing the retirement age for the constable to commandant senior superintendent of police to 60 years from the present 57 years.
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Seventh Central Pay Commission
Download ClearTax Invest App. In addition, the Bill also proposes that contributions to parties will have to be made only through a cheque, bank draft, electronic means, or any other instrument notified by the central government. Amendments to the Finance Bill, make it mandatory for every person to quote their Aadhaar number after July 1, when: Persons who do not have an Aadhaar will be required to quote their Aadhaar enrolment number indicating that an application to obtain Aadhaar has been filed.
Every person holding a PAN on July 1, will be required to provide the authorities with his Aadhaar number by a date and in a manner notified by the central government. Failure to provide this number would result in the PAN being invalidated.
The Finance Bill, is making structural changes to some laws. Parliamentary committees allow for a forum for detailed scrutiny, deliberations and public consultation on proposed laws.
The opportunity to build rigour into the law-making process is lost if such legislative changes are not examined by committees. Union of India, Transfer Case No. In light of this, we explain the provisions of the Bill and possible implications.
The Bill provides that, from December 31, , RBI would no longer be liable to repay holders of old notes of Rs and Rs 1,, the value of these notes. A person will be prohibited from holding, transferring or receiving the old notes from December 31, onwards. It exempts some people from this prohibition including: Any person holding the old notes, except in the circumstances mentioned above, will be punishable with a fine: No window to deposit old notes before imposing penalty: This overnight change did not provide a window for a person holding the notes on that day to exchange or deposit them.
Therefore, not only did the holder lose the monetary value of the notes but he was also deemed to have committed an offence.
This implies that a person who had the notes did not have an opportunity to avoid committing an offence and attracting a penalty. Unclear purpose behind penalty on possessing old notes: The purpose and the objective behind imposing a penalty for the possession of old currency notes is unclear.
One may draw a comparison between holding an invalid currency note, and an expired cheque since both these instruments are meant to complete transactions.
Currently, a cheque becomes invalid three months after being issued. However, holding multiple expired cheques does not attract a penalty. The government has specified a grace period under the Bill to allow: The government may exempt any other class of people by issuing a notification.
In addition, RBI has permitted foreign tourists to exchange Rs 5, per week. No other person can exchange or deposit old notes after December 30, While the notification issued on November 8 specified that after December 30, , any person unable to exchange or deposit old notes would be allowed to do so at specified RBI offices, the Bill does not provide such a facility except in the circumstances discussed above.
On may question whether this violates Article A of the Constitution, which states that no person will be deprived of his property except by law. Given that earlier notifications had indicated that a facility for exchanging or depositing old notes would be provided after December 30, , would the action of not providing such facility under the Bill qualify as an arbitrary action which violates due process?
A person may have been unable to deposit old currency notes owing to various reasons such as poor health, old age or disability till the deadline of December 30, The Bill does not provide any facility for such persons to deposit old notes, except if they were not in India during the period between November 8 and December 30, A person without a bank account may have held over Rs 4, in old currency notes.
The notification and future modifications allowed a person to exchange up to Rs 4, over the counter once till November 24, There may be Indians working or studying abroad holding old currency notes. The government has notified the last date for depositing old notes for these non-resident Indians as June 30, In such a scenario, these people may have to incur a monetary loss.
Foreign tourists in the country may have held old currency notes before demonetisation on November 8, Such tourists can only exchange old currency notes of up to Rs 5, per week till January 31, For example, a person who had Rs 10, and left India on November 13, would not have been able to get the value of notes they had, over Rs 5, In addition, Indian currency notes are used legally in neighbouring countries such as Nepal and Bhutan.
The Bill allows only Indian citizens to deposit old notes for an extended period under certain conditions. However, it does not make any provisions for foreigners to deposit or exchange old notes held by them. Such foreign nationals who are not Indian residents would not have bank accounts in India.
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Skip to main content. No comments. Read More. Central Pay Commission ,. Second Administrative Reforms Commission. Leave a comment. Non-tax proposals in the Finance Bill, Certain Tribunals to be replaced Amendments to the Finance Bill seek to replace certain Tribunals and transfer their functions to existing Tribunals. Terms of service of Tribunal members to be determined by central government The amendments propose that the central government may make rules to provide for the terms of service including appointments, term of office, salaries and allowances, and removal for Chairpersons and other members of Tribunals, Appellate Tribunals and other authorities.
Creation of a Payments Regulatory Board Recently, the Ratan Watal Committee under the Finance Ministry had recommended creating a statutory Payments Regulatory Board to oversee the payments systems in light of increase in digital payments. Political funding The Finance Bill, proposes to make changes related to how donations may be made to political parties, and maintaining the anonymity of donors.
The proposed law explained The Surrogacy Regulation Bill, All you need to know Debt recovery in India: An analysis Declaration of assets under the Lokpal Act explained.
Demonetisation of old notes: The proposed law explained. What does the Bill say? Can a person keep old notes?The Ministry of Railways has also decided to constitute a Committee for the inclusion of fresh categories within the ambit of Risk and Hardship Allowance. Ministry of Finance. A person will be prohibited from holding, transferring or receiving the old notes from December 31, onwards. Based on the examination on these lines, the 7th CPC recommended that 53 allowances be abolished and 37 be subsumed in an existing or a newly proposed allowance.
A person may have been unable to deposit old currency notes owing to various reasons such as poor health, old age or disability till the deadline of December 30, Retrieved The pensionary benefits were examined by separate committee called " Armed Forces Pension Revision Committee —50 ".
I have flagged them and will flag them properly at the right level". Can a person keep old notes?