• Home
  • 7th Pay Matrix
  • Pay Calculator
  • DA Table
  • DA News
  • 7th CPC News
  • KV Fees

Central Government Employees Latest News

7th Pay Commission Latest News Today 2022, 7th Pay Matrix Table PDF, Expected DA Calculation, DA Rates Table, CSD AFD Online Portal, Holiday List PDF, 8th Pay Commission Latest News

Latest 7th pay commission pay scale calculator
  • Holidays 2023
    • Holidays 2022
    • Holidays 2021
    • Holidays 2020
    • Holidays 2019
    • Holidays 2018
  • DoPT Orders
  • Expected DA
  • AICPIN
  • CSD AFD
  • Retirement Age
  • OROP
  • Gold Price
You are here: Home / 7th Central Pay Commission / Budget 2017 and Central Government Employees Demands

7th Pay Commission Latest News Today 2022
Central Government Employees News Today 2022
Salary Calculator 34% DA 7th Pay Matrix Table
Expected DA July 2022 8th Pay Commission News
DA Latest News Today 2022 Latest 7th CPC News
Bank Holiday List 2022 CG Gazetted Holidays 2022

7th CPC Pay Fixation Calculator Retirement Date Calculator 2022
Leave Encashment Calculation & Calculator 2022 KVS Fee Online Payment 2022-23
DA Calculation Formula, Sheet Govt First Salary Calculator

Budget 2017 and Central Government Employees Demands

February 4, 2017 admin Leave a Comment

Budget 2017 and Central Government employees demands

Comrades ,
The budget for the year 2017-18 was presented by the Shri Arun Jaitleyji Hon’ble Minister of Finance on 1st Feb 2017 , the Central Government employees had lot of hopes of this budget especially on increasing the tax slabs and tax rates reduction , also on allowances and increasing our wages i.e. revision of the fitment formula . One more important issue of filling up of vacant post in the Central Government.

Shri Arun Jaitleyji Hon’ble Minister of Finance had not uttered a single word about Central Government employees in his budget speech of nearly two hours, even though the Central Government employees work with dedication and implement the programmes and policy of the Central Government either way of revenue collection, transportation, public service , working for the welfare of the people of the country etc . This has caused dissatisfaction amongst Central Government employees as many of the demands of the Central Government employees are not considered. The tax proposals provided only a small relief to the Central Government Employees, actually a big relief should have been provided. The Central Government employees are disappointed of the outcome of the budget.

Now let us focus main issues of the CG employees and the budget 2017-17 especially this budget is being presented after the demonetization. As stated earlier the financial position of the Central Government is very good even after demonetization. The budget 2017-18 has once again proved that the Central Government resources are very good the revenue expenditure has been at 21.47 lakh crores. The fiscal deficit will be 3.2 % of GDP.

Now coming to the revenue growth of the Central Government in last four years we can observe from the financial year 2013-14 the Revenue Expenditure which was at is Rs 14.88 lakh crores the Revenue Expenditure the financial year 2017-18 which stands at 21.47 lakh crores . The fiscal deficit has also reduced from 4.8 % to 3.2 % of GDP in last four years . This shows that the financial status of the Central Government is very good. The growth rate of the revenue collection is about 15% annually. In fact the Shri Arun Jaitleyji Hon’ble Minister of Finance had stated the revenue collection is increasing to about 17 % annually. We should be proud that your country economy is in good shape. Indian economy is a stable economy can accommodate any additional financial expenditure to be made for the welfare of Central Government employees.

The revenue of the Central Government is increasing at about 15% annually, from last three years the revenue of the Central Government has increased by 45% the expenditure towards salary of Central Government employees including the defence employees has risen only by 14.5 % on wage hike due to 7th CPC and also Dearness Allowances expenditure. So total rise in pay hike is about 22% , even if allowances are released in next financial year additional expenditure is likely at just 3% as 70% of the employees don’t avail HRA which is the major allowances, . which is very much less than the 45% of the revenue collection of the Central Government. So the Central Government can afford to increase our wages considerably i.e revision of fitment formula and minimum wage . The allowances should be made effectively from 1st Jan 2016.

Next on the tax slabs the Shri Arun Jaitleyji: Hon’ble Minister of Finance had made announcement of the tax proposals provided only a small relief to the Central Government Employees by reducing the taxes for the slab 2.5 lakhs to 5 lakhs from 10% to 5% . This is only a very small gestures on the part of Shri Arun Jaitleyji Hon’ble Minister of Finance , actually a big relief should have been provided by way of abolishing the taxes up to Rs 5 lakhs . The expenditure loss for reduction of taxes for the slab 2.5 lakhs to 5 lakhs(1.95 crore show income between Rs 2.5 to Rs 5 lakh) from 10% to 5% is just at Rs 15,500/- crores only , if the Hon’ble Minister of Finance had announced the abolishing the taxes up to Rs 5 lakhs it could have been additional expenditure of Rs 15,000 crores only which at just half percent of the total budget revenue collections , next Rs 5 to Rs10 lakhs slab (only 52 lakh show income between Rs 5 to Rs 10 lakhs ) here also there should have been reduction in taxes from 20% to 10% , the limit of Rs 1.5 lakh under Section 80C for investment should have been increased upto 2.5 lakh which would have encouraged savings , all these measures could have gone a long way benefiting the Central Government employees and the salaried class employees a lot.

Today hardly 3 % of the country population are paying the income tax, the rest 97% do not pay income tax .The Central Government Employees are honestly paying the taxes. A big tax relief is genuinely due for them.

One more important problem faced by the Central Government Employees is that the no filling up of the vacant post in the Central Government, nearly 4 lakhs post are vacant, even in Railway safety post of 1.41 lakh post are vacant and Income tax department post are vacant, more manpower is required for effectively collection of the taxes and implementation of the programmes and policy of the Central Government. This will also provide jobs for the youth of the country.

We sincerely hope the Hon’ble Minister of Finance would reconsider his decision and improve the taxation policy and consider the demands of the CG employees effectively in true spirit.

Comradely yours

(P.S.Prasad)
General Secretary

Source: http://karnatakacoc.blogspot.in/


Also Check: Central Government Pay Matrix Table 2022 PDF
Related updates:

    Defence Budget 2018-19 : Allocate 12.10 percent of the total Central Government expenditure
    Union budget 2016-17 and 7th CPC demands
    Salient Features of Direct Tax Proposals in Union Budget 2017
    Defence Budget 2020-21
    Budget 2018 – Will income tax limit be raised to Rs. 3 or 5 lakhs?
    Budget 2017 : Income tax reduced by 5% for Income upto Rs. 5 lakh
    Finance Minister Arun Jaitley will present the annual budget today

Filed Under: 7th Central Pay Commission

Latest Entiries

Revised VDA Minimum Wages for Agriculture Workers with effect from 1.4.2022

August 9, 2022

Revised Variable Dearness Allowance (VDA) Minimum Wages for Agriculture Workers with effect from 1st April 2022 Corrigendum Refer this office orders … [Read More...]

9.79 Lakh Vacant Posts in Central Government

August 9, 2022

Details of Vacancies in Central Government Central Government Jobs Vacancy Position 2022: As per the Annual Report of Pay Research Units of the … [Read More...]

Increase in Dearness Allowance to CG Employees is based on AICPI-IW

August 6, 2022

Increase in Dearness Allowance and Dearness Relief to Government Employees and Pensioners as per All India Consumer Price Index for Industrial Workers … [Read More...]

Minimum Pension under Employees Pension Scheme (EPS)

August 6, 2022

Minimum Pension Under Employees’ Pension Scheme (EPS) 1995 The Government had, for the first time, provided a minimum pension of Rs.1000/- per month … [Read More...]

Providing Form 16 to all Central Govt Pensioners and Family Pensioners – CPAO

August 6, 2022

The Central Pension Accounting Office issued an important order for Central Government pensioners and family pensioners regarding providing the … [Read More...]

Trending Topics

8th CPC News CSD Online Booking
HRA Cities 2021 Ration Money Allowance
Briefcase Allowance CSD Price List
Notional Increment HP Govt Holidays
Retirement Age 62 KVS MP Quota Admission
KVS Website Link Amavasya Date Calendar
7th CPC ACP Calculator Holiday Home List 2021
ECHS Hospital List DA Latest News 2021
HDFC Holiday 2021 OROP Pension Table
Gujarat RTO Code Latest DoPT Orders 2020
AICTE Pay Matrix Table AC CSD Price List
Mumbai RTO Code Railway Staf Dress Code
TN HRA Revised Rates CEA Format of Certificate
Gratuity Calculator Car Eligibility in CSD
Matrix Table for GDS Finmin Orders 2020
UGC 7th Pay Scale Laboratory Staff Pay Scale

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Top Stories

7th Pay Matrix Table
DA Latest News 2022
KV Fee Structure 2022
7th CPC Salary Calculator July 2021
Bakrid Date in India 2022
7th CPC DA Calculation 2022
Amavasya Date Calendar 2022
Expected DA Calculator July 2022
7th Pay Matrix Level 6
First Month Salary Calculator 2022
Pay Matrix Full Size Image
Post Office Holidays 2022
HRA New Rates 2022
New TA Rates 2022
SBI Bank Holidays 2022
Pay Matrix Level 7 Salary 2022
Pay Level 4 Salary 2022
Pay Matrix Level 8 Salary 2022
7th Transport Allowance New Rates 2022
7th CPC Increment Calculation 2022

7th Pay Commission Latest News for Pensioners Today 2022

Fitment Factor Table PDF
7th CPC Pay Fixation
7th CPC Pension Calculation
7th CPC Pension Fixation Examples
7th CPC Voluntary Retirement Scheme
DA Calculation as per 7th CPC
7th CPC MACP Scheme
7th CPC Children Education Allowance
7th CPC Transport Allowance
7th CPC Increment
7th CPC HRA
7th CPC Classification of Posts
7th CPC Armed Forces Personnel
7th CPC House Building Advance
7th CPC Leave Rules
7th CPC Travelling Allowance
7th CPC LTC Rules
7th CPC Reservation Policy
7th CPC Risk and Hardship Matrix
7th CPC New Pension Scheme
7th Pay Commission Fitment Table
7th CPC Allowances
7th CPC Advances
7th CPC AICPIN
7th CPC Briefcase Allowance
7th Pay Commission CGEGIS
7th CPC Dress Allowance
7th CPC Child Care Leave

Recent Discussions

  • SANJOY MANDAL on 7th CPC MACP Scheme | Latest Clarification on MACP Scheme
  • k hanumantha rao on Pension Call Centre Opened: Toll Free No. 1800117788
  • M.K.KUMAR on 7th CPC MACP Scheme | Latest Clarification on MACP Scheme
  • M.K.KUMAR on Leave Encashment Calculation Formula | Earned Leave Salary Calculation
  • Sanjoy Mandal on 7th CPC MACP Scheme | Latest Clarification on MACP Scheme
  • Hanumantha Gowda on Karnataka Pension and Family Pension Calculator
  • BABUBHAI MAGANBHAI PARMAR on Leave Encashment Calculation Formula | Earned Leave Salary Calculation

7th Pay Matrix Table

7th CPC Pay Matrix Table – Full size image for reference
UP Govt Pay Matrix Table PDF Download
Pay Matrix Level 2 (19900): Hand Salary Calculation
7th CPC Pay Matrix Chart for Level 1 to 5 (GP 1800 to 2800)
Pay Matrix Table for Haryana Govt Employees – Level 1 to 5
Rajasthan Pay Matrix Table – Pay Matrix Level 10 to 13
7th CPC Pay Matrix Chart for Level
Pay Matrix Table for Haryana Govt Employees – Level 6 to 9
Rajasthan Pay Matrix Table – Pay Matrix Level 14 to 20
7th CPC Pay Matrix Chart for Level 10 to 12 (GP 5400 to 7600)
Salary Increment Table for Pay Matrix Level 11 (GP 6600)
7th CPC Pay Matrix for IIT, IIS, IIM, NITIE, IISER, NIT and IIIT
7th CPC Pay Matrix Table Level 13, 13A and 14
7th Pay Commission Pay Matrix Level 3
WB 6th Pay Commission Pay Matrix Table
Pay Calculator for Gujarat Govt Employees

Copyright © 2022 - Central Government Employees News - 7th Pay Commission News - Site maintained by TEUT Digital Concepts