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The Commission had suggested that dearness allowance should be converted into dearness pay every time the cost of living rises by 50% over the base level. [ 3 ] The 6th Central Pay Commission recommended revision of base year of the Consumer Price Index (CPI) as frequently as feasible.It also changed base year for DA calculation to 2001 (base ...
The Minimum Wages Act 1948 is an act of parliament concerning Indian labour law that sets the minimum wages that must be paid to skilled and unskilled workers.. The Indian Constitution has defined a 'living wage' that is the level of income for a worker which will ensure a basic standard of living including good health, dignity, comfort, education and provide for any contingency.
The cost of hikes in salaries is anticipated to be about ₹ 20,000 crore for a total of 5.5 million government employees as per media speculation on the 6th Pay Commission, the report of which is expected to be handed over in late March/early April 2008.
The report led to a six percent increase in the cost of living allowance for central government employees from 16 percent to 22 percent. [ 3 ] The Sixth Central Pay Commission estimated that the financial implication of its recommendations would be "Rs.7975 crore for the year 2008 – 2009, and an additional, one time burden of Rs.18060 crore ...
Position in the Indian order of precedence Post Net Salary per month (including other emoluments and allowances) All emoluments and allowances References 1 President ₹ 500,000 (US$5,800)
The pension cost for exchequer was growing at a CAGR of 21% per annum in the 1990s. The pension outgo rose to 15,367 crores which was 0.56 per cent of the GDP and 5.8 per cent of net revenue receipts in 2003-04. [13] By 2020-21, the Centre's pension bill had jumped to Rs 190,886 crore, 58 times in three decades. [17]
TA/DA scam (Travel And Dearness Allowance) is a corruption scandal during the Siddaramaiah administration in Karnataka state in India. The scam was exposed by BBMP commissioner N. Manjunath Prasad that found eight Member of Legislative Council (MLC) of Karnataka Legislative Council claiming allowances by submitting fake bills.
Consumer Price Index is used in calculation of Dearness Allowance [19] which forms an integral part of salary of a Government Employee.Base year to calculate CPI is 2012=100. Indonesia [ edit ]