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Sixth Pay Commission Report – Highlights and Full Report

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The Sixth Central Pay Commission submitted its Report to the Goverment on 24th March, 2008.
The commission, headed by Justice B N srikrishna, submitted its report to finance Minister P Chidambaram. The 18-month tenure of the Commission was till April 4, 2008.

Here is the Highlights of the Sixth Pay Commission

  • Revised pay to be effective from Jan 1, 2006.

Sixth Pay Commission report recommendations by next week

20 % hike is expected , The Sixth Pay Commission , headed by Justice B N Srikrishna, was constituted in October 2006. Commission had been given 18 months to submit The Sixth Pay Commission recommendations.

Recommendations are expected to be submitted to the finance ministry next week. The report is expected to benefit an 55 lakh government employees across the country. At least, a 20 per cent hike is expected.

Budget Highlights : 2008

Indian finance minister, Mr. P. Chidambaram presented the budget in the parliament for the fiscal 2008-09.
Highlights of the budgets are:

  • Personal income tax exemption hiked to Rs 1.5 lakh
  • Senior citizens threshold tax limit increased from Rs 1,95,000 to Rs 2,25,000
  • Tax exemption for women increased to Rs 1.8 lakh