Aicpin for the month of may 2016 No. 5/1/2016- CPI GOVERNMENT OF INDIA MINISTRY OF LABOUR & EMPLOYMENT LABOUR BUREAU `CLEREMONT’, SHIMLA-171004 DATED: 30th June, 2016 Press Release Consumer Price Index for Industrial Workers (CPI-IW) — May, 2016 The All-India CPI-IW for May, 2016 increased by 4 points and pegged at 275 (two hundred and […]
Archives for June 2016
7cpc – House Rent Allowance after Cabinet Approval
7th Pay Commission – House Rent Allowance after Cabinet Approval The 7th pay panel headed by AK Mathur had recommended that HRA should be rationalized by a factor of 0.8, the Commission also recommends that HRA should be rationalized to 24 percent, 16 percent and 8 percent of the Basic Pay for Class X, Y […]
7th CPC Cabinet Decision – Frequently Asked Question
7th CPC Cabinet Decision – Frequently Asked Question Has the 7th CPC recommendation fully accepted? Yes, it has been approved by the cabinet on 29th June 2016. Did Cabinet approve for the employees request of changing minimum wages? No, the 7th CPC recommendation will be implemented (Rs.18000/-) What is the Fitment Factor used in Pay […]
Cabinet approves Implementation of the recommendations of 7th Central Pay Commission
Cabinet approves Implementation of the recommendations of 7th Central Pay Commission The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the implementation of the recommendations of 7th Central Pay Commission (CPC) on pay and pensionary benefits. It will come into effect from 01.01.2016. In the past, the employees had to wait […]
7th Central Pay Commission – Highlights
Cabinet approves Implementation of the recommendations of 7th Central Pay Commission The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the implementation of the recommendations of 7th Central Pay Commission (CPC) on pay and pensionary benefits. It will come into effect from 01.01.2016. In the past, the employees had to wait […]