calculator cpc
Central government and PSU employees can use this 7th Pay Commission Calculator to calculate their...
90

7thCPC Travelling Allowance granted on transfer of Central Government Employees

7th Pay Commission TA on Transfer – Quantum of revision in Travelling Allowance granted on transfer of Central Government Employees

TA on Transfer consists of Travel expense reimbursement based on Travel Entitlement, Daily Allowance in the form of reimbursement to Food and Traveling Expense on varied rates based on level of pay and Composite Transfer Grant which will be equivalent to 80% of one month pay.

Annexure to Ministry of Finance, Department of Expenditure O.M.No.19030/112017-E.IV dated 10th July 2017.

Gratuity Calculation after 7thcpc with examples

The Monsoon Session of Parliament, which started today, will see a push to amend the Gratuity Act, aimed at doubling the ceiling for tax exempt gratuities from the current Rs 10 lakh to Rs 20 lakh.

IT exemption ceiling for gratuity to be doubled to Rs. 20 Lakhs

A bill that will double the ceiling for tax exempt gratuities from the current Rs 10 lakh to Rs 20 lakh may be passed in the monsoon session of Parliament, Labour Minister Bandaru Dattatreya told.

An Amendment to the Payment of Gratuity Bill has to be first scrutinised by the cabinet and Dattatreya indicated that it would soon go to the Cabinet for approval. If the bill is passed into law by Parliament formal sector workers will be eligible to claim tax exempt status for gratuities upto Rs 20 lakh.

Finance Ministry Office Memorandum regarding 7th Pay Commission HRA

7th Pay Commission HRA – Finance Ministry Office Memorandum conveying decision taken by Govt specific to House Rent Allowance issue – HRA of 24%, 16% and 8%

No.21512017-E.II(B)
Government of India
Ministry of Finance
Department of Expenditure
***
New Delhi, 7th July, 2017.
OFFICE MEMORANDUM

 

Finance Ministry Office Memorandum regarding 7th Pay Commission Travelling Allowance

7th Pay Commission Travelling Allowance – Finance Ministry Order / Office Memorandum issued – Most of the 7th CPC’s recommendations for Travelling Allowances relating to Travel entitlement, lump sum travel charges, Daily Allowance, TA on transfer etc have been accepted as such

 

No.19030/1/2017-E.IV

Government of India

Ministry of Finance

Department of Expenditure

New Delhi, the 13th July 2017

Pages

Facebook comments

 

Enter your email address to Subscribe for 7th CPC Latest Updates:

Delivered by FeedBurner

Activation email will be sent immediately to you. Don't forget to click the activation link.

 

Facebook

 
 

About Us

One stop news and information website for Latest Updates on Seventh Pay Commission 7th CPC.