1)Framing of Rotational Transfer Policy by Cadres Authorities 2)RBI may give payment bank licence to postal department in August: Ravi Shankar Prasad. 3)Electronic Filing of Income Tax Returns for 2015-16 Commences 4)A parliamentary panel has recommended doubling the salary of law makers and also increasing pension of former MPs by almost 75%.

The joint committee, which has submitted its recommendations to the government, has also proposed an automatic pay revision mechanism for parliamentarians like that of pay commission for government employees.



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