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The President of India has a net salary of ₹500,000 (US$6,000) per month, followed by the Vice President with ₹400,000 (US$4,800), and the Prime Minister at ₹280,000 (US$3,400). Governors receive ₹350,000 (US$4,200). The Chief Justice of India earns ₹280,000 (US$3,400) while Supreme Court judges receive ₹250,000 (US$3,000).
Government employees in the union government in 56 ministries [ 1] and departments under latter as of 1 July 2023 has 48.67 lakhs working employees and 67.95 retired employees on rolls. [ 2][ 1][ 3] Indian Railways with 1.3 million employees has highest number of employees in union government. [ 4]
Pay Commission. Pay Commission is India's central government organisation set up by Government of India, which gives its recommendations regarding changes in salary structure of its employees. It was set up in 1947 and since India's Independence, seven pay commissions have been set up on a regular basis to review and make recommendations on the ...
The Union Public Service Commission ( UPSC; ISO: Saṁgha Loka Sevā Āyoga) is a constitutional body in India that conducts direct recruitment of officers to the All India Services and the Central Civil Services (Group A and B) through examinations. These officers are appointed in various Services under the Government of India. [ 1]
e. Employee benefits and benefits in kind (especially in British English ), also called fringe benefits, perquisites, or perks, include various types of non-wage compensation provided to employees in addition to their normal wages or salaries. [ 1] Instances where an employee exchanges (cash) wages for some other form of benefit is generally ...
List of largest employers in India. The largest employers in India include companies, the military, railway and the government. To keep the list manageable in length, only those companies/employers which have at least 100,000 employees are included in the list. [ 1]
Employees pay 1.5% of their gross salary below the social security threshold and employers pay 1.5% contribution on top of the salary paid to the employee. The contribution level was reduced from 3.25% for employees and employers as part of labour market reforms known as Hartz.
On 10 December 2018, the Government of India made NPS an entirely tax-free instrument in India where the entire corpus escapes tax at maturity; the 40% annuity also became tax-free. [11] Any individual who is a subscriber of NPS can claim tax benefit for Tier-I account under Sec 80 CCD (1) within the overall ceiling of ₹1.5 lakhs under Sec 80 ...