7th Pay Commission: For the greater benefit of government employees, the Centre has increased the maximum gratuity limit from Rs 20 lakh to Rs 25 lakh for employees of BSNL and MTNL who opted for a pension under the combined service framework.
8th pay commission: The confederation in the fresh letter said that central government employees’ wages were last revised in 2016 and the percentage of DA entitlement crossed over 53%.
8th Pay Commission: In the letter to PM Modi, the confederation said that during the past nine years, the erosion of the real value of wages has become enormous, especially after Covid-19 and the depreciation of money value has come down very much.
7th Pay Commission: CM Mohan Yadav congratulated the employees of the state and said there are two occasions Diwali and foundation day of Madhya Pradesh. "It is our responsibility to take care of the employees. 46% dearness allowance has been approved and has been made effective since July 1, 2023."
The state government said due to the tireless efforts of skilled workers producing world-class products, and fulfilling the government’s visionary schemes, Tamil Nadu is emerging as India’s leading manufacturing hub and is on track to becoming a $ 1 trillion economy by 2030.
7th Pay Commission: After the DA hike is announced, the salary of the central government employee, who has a basic salary of around Rs 18,000 per month, will increase in the range of Rs 540-720 per month, effective from July 1, 2024.
India’s salaries are projected to increase by 9.5% in 2025, led by the engineering and manufacturing sectors, according to Aon’s latest salary report. Explore wage growth trends across industries, including construction, retail, and financial services.
7th Pay Commission: Reports suggest the central government is likely to announce a 3 per cent hike in dearness allowance this time for Central government employees. If the Centre makes the announcement, the DA will increase from 50 per cent to 53 per cent of the basic pay.
The DA hike formula for the Central government employees is based on the average of the All India Consumer Price Index, or AICPI, for the previous 12 months, making it a crucial aspect of salary calculations for government employees.
7th Pay Commission: The DA to the state government staff of Sikkim and dearness relief to pensioners shall be enhanced from the existing 46 per cent to 50 per cent with effect from January 1, 2024.
7th Pay Commission: Apart from DA hike, the UP government is also expected to announce Diwali bonus for non-gazetted employees. Check this article for latest updates on salary hike.
7th Pay Commission: The Central government generally hikes DA and DR for employees and pensioners twice a year -- once in January and then in July -- with announcements usually made in early March and October.
7th pay Commission: The Central government gives Dearness Allowance to its employees and pensioners to offset the impact of inflation and it is being granted to them to cope with increasing prices.
The last DA hike for Central government employees, effective from January 1, 2024, was announced on March 7, 2024, increasing the total DA to 50%. This latest adjustment also helped other allowances, including House Rent Allowance (HRA).
This increase, benefiting around 14 to 15 lakh employees, addresses a key demand and is expected to cost the state an additional Rs 17,440.15 crore annually. The decision comes amid pressure from employee associations threatening strikes and builds on an earlier interim salary hike granted in March.
In August last year, another committee also proposed a hike in the basic salary of MLAs from Rs 40,000 to Rs 60,000 and suggested increases in other perks for legislators.
TCS is set to implement salary hikes for its employees, with Indian staff expecting a 7-8% increase and international workers anticipating a 2-4% raise. Exceptional performers may see a rise of 12–15%.
The Odisha Government announced that the salary of Junior Teachers will be revised from Rs 13,800 to Rs 20,000 per month. The announcement of the decision was made on March 13. Check details here.
In an official note, the company stated, "We are pleased to adjust your compensation in recognition of your dedication and performance, effective from November 1, 2023.”
Uttar Pradesh government has announced to increase the salary of all guest faculties teaching in engineering colleges across the state.
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