Date : 20.2.2017

7th Pay Commission: Committee on Allowances likely to present its report today

7th Pay Commission: Committee on Allowances likely to present its report today

The Committee on Allowances, headed by Finance Secretary Ashok Lavasa, was given time till February 22 to present its report.

It has been nearly eight months since the Narendra Modi government cleared the recommendations of the Seventh Pay Commission.

After a long wait, the Committee on Allowances is likely to submit its report to Finance Minister Arun Jaitley on Monday.

The committee, headed by Finance Secretary Ashok Lavasa, was given time till February 22 to table its report.

The revised allowances are likely to be effective from April 1.The house rent allowance (HRA), which forms a crucial part of government employees' salary, is expected to be fixed at 30 per cent of the basic pay for employees in metros which have a population of 50 lakh and above.

Source:www.staffnews