7th Pay Commission update: A final decision with regard to increasing central government employees' salaries is expected to be taken in November. The government, however, has not yet made any formal announcement in this context.

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The S&P BSE Sensex ended 645 points or 1.72% higher at 38,177, while NSE's Nifty50 index closed 187 points or 1.68% higher at 11,313 mark.

Union Cabinet hikes dearness allowance for government employees by 5 per cent to 17 per cent; Union minister Prakash Javadekar says it's good news for govt employees

7th Pay Commission: These exams, conducted by the Union Public Service Commission and Staff Selection Commission, are held to fill vacancies for the central government posts

7th Pay Commission: Himachal Pradesh Chief Minister Jai Ram Thakur was presiding over the 73rd Independence Day function at Ridge Maidan in Shimla and said that the DA hike would be paid retrospectively from January this year.

7th Pay Commission: Dearness Allowance, which is a cost of living adjustment allowance paid to government employees and pensioners to offset the impact of inflation, was increased to 12% in February with retrospective effect from January

The government will pay up to Rs 25,000 per month as risk allowance under the 7th Pay Commission, depending on the department and employee's length of service

Under the Aykroyd formula, salary hikes will reportedly be performance- as well as inflation-based since it factors in price fluctuations among commodities in the common man's basket

7th Pay Commission: Check here the salary details of Principal, Vice Principal, PGT, TGT, PRT and Librarian as per 7th Pay Commission rules:

7th Pay Commission:  The Union Finance Minister Nirmala Sitharaman has increased the income tax exemption limit on withdrawal from NPS account and has also announced additional tax benefits for employees who contributes towards the NPS. 

7th Pay Commission: The DA is a cost of living adjustment allowance paid to government employees and pensioners to offset the impact of inflation.

This will put additional burden of Rs 1,071 crore on the exchequer annually

Lok Sabha Elections 2019 Phase 6: Delhi is one of the key regions going to the polls today. There are 164 candidates in the fray this time in Delhi, out of which 18 are women.

The government may announce these changes in the upcoming full Budget 2019, which will be presented by the new government at the Centre.