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7th Pay Commission: Government employees likely to get 30 per cent more than recommended

7th Pay Commission: From August 1 government employees will get hiked salaries



According to Financial Express source, “Central government employees could get the revised pay-scales with their July salaries that would be credited on August 1″. Read Also: (7th pay commission: Government employees likely to get 30 per cent more than recommended)
However, there were indications that the central government will also credit arrears with revised pay, it is not clear whether the past dues will be given to the employees at one go or in installments.
According to reports the 7th Pay Commission had recommended a minimum monthly basic salary of Rs 18,000 and maximum of Rs 2,50,000. With the 30 per cent hike the minimum basic monthly pay will be Rs 23,500 and the maximum will be Rs 3,25,000.
The 7th Pay Commission will impact the Central Budget by Rs 73,650 crore and the Railway Budget by Rs 28,450 crore. The 7th Pay Commission’s Empowered Committee of Secretaries met in the month of April to give the final finishing touch to the recommendations before the report was handed over to the Finance Ministry.

Source: http://www.india.com/news/india/7th-pay-commission-from-august-1-government-employees-will-get-hiked-salaries-1263059/
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