https://www.taxtmi.com/news?id=17970 Cabinet approved modifications to the 7th CPC recommendations effective 1 January 2016, adopting a PPO based method to fix notional pay for revision of pensions of pre 2016 pensioners and family pensioners, benefitting over 55 lakh pensioners and adding about Rs. 5031 crore expenditure for 2016-17; Cabinet also retained the percentage based disability pension regime for defence pensioners instead of a slab system, incurring approximately Rs. 130 crore per annum. en-us Thu, 04 May 2017 09:47:29 +0530 Thu, 04 May 2017 09:47:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17970 Cabinet approved modifications to the 7th CPC recommendations effective 1 January 2016, adopting a PPO based method to fix notional pay for revision of pensions of pre 2016 pensioners and family pensioners, benefitting over 55 lakh pensioners and adding about Rs. 5031 crore expenditure for 2016-17; Cabinet also retained the percentage based disability pension regime for defence pensioners instead of a slab system, incurring approximately Rs. 130 crore per annum. News - Thu, 04 May 2017 09:47:29 +0530 https://www.taxtmi.com/news?id=17970