7th Pay Commission: Allowances committee raises HRA to 30 percentage?
Saturday, February 25, 2017 IST
Finance Secretary Ashok Lavas-led Allowances Committee reviewing the allowances under 7th Pay Commission is expected to announce its recommendations anytime soon.
The Allowances Committee was set up in July 2016 in the direction of the Cabinet to look into the provision of allowances other than dearness allowance under the 7th Pay Commission recommendations. Initially, the committee was given a four-month time frame to come out with recommendations, which was later extended until February 22, 2017.
As per media reports, the Allowances Committee has revised the House Rent Allowance or HRA to 30%, up from 24% as suggested by the 7th pay panel.
The 7th Central Pay Commission (CPC) had recommended HRA at the rates initially from 24%, 16%, and 8 % and whenever DA reaches 50% it will be increased to 27%, 18% and 9%, The panel also said that s and when the DA reaches 100% theHRA will be revised to 30%, 20% and 10% for X, aoblishY and Z cities respectively .
The pay commission also recommended doing away with 53 of the 196 allowances and merging a few others.
It is also reported that the committee has pro poabolish 52 allowances, and subsume 36 allowances into existing allowances or proposed as new one. 12 Allowances are reported to have been proposed to be retained without changes, while the rest of the allowances have been tweaked little.
Related Topics
Related News & Articles
A long long time ago, my husband, our two sons and I had gone out for an ice-cream treat. It was sometime in early 1990s, when I was always thinking of curbing un...
Recently posted . 1K views . 2 min read
The bank will not be allowed to pay depositors a sum exceeding Rs.50,000 in any savings, current or any other deposit account, the government said in a notificati...
Recently posted . 359 views . 1 min read
Superstar Rajinikanth on Friday said he extends his full support to Prime Minister Narendra Modi’s ‘Swachhata Hi Seva’ mov...
Recently posted . 657 views . 6 min read
Shanky Bhardwaj and his cousin brother Tushar Bhardwaj were insisting Akshay, the DJ, to play the song "Tamanche Pe Disco..." repeatedly, which led to a f...
Recently posted . 435 views . 2 min read
New Delhi: The National Investigation Agency (NIA), examining the Pathankot dread assault, is relied upon to document a far reaching chargesheet for the situation o...
Recently posted . 540 views . 29 min read
Trending News & Articles
While the Uttarakhand High Court has asked to block 857 websites, the Ministry of Electronics and IT (Meity) found 30 portals without any pornographic content.
...
Recently posted . 61K views . 1 min read
The four boys as well as five school officials, including the director and principal, were arrested after the incident. The minors were presented before the Juvenil...
Recently posted . 8K views . 1 min read
Rahul was having an Italian passport and was carrying suitcase full of dollars. Some say it was about was it $2 million.
Rahul and his girl friend was th...
Recently posted . 7K views . 7 min read
True – Tr...
Recently posted . 6K views . 83 min read
More in National
To use the facility, a passenger will have to furnish her metro smart card to the bus conductor and the fare will be automatically deducted after the card is swip...
Recently posted. 800 views . 1 min read
Kochaniyan Menon and Lakshmi Ammal, in their late 60s, met and fell in love at the home in Ramavarmapuram in Thrissur district.
Recently posted. 460 views . 0 min read
Another teenaged student of the same school emailed a teacher offering a joyride, candlelight date and sex.
Recently posted. 543 views . 0 min read
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 1K views
Recently posted . 1K views . 52 min read
Recently posted . 1K views . 126 min read
Highlights
*Mirage 2000 jets hit Balakot 24 KM NW of Muzaffarabad at 3:45 am and the strike...
Recently posted. 511 views . 3 min read
The response from UIDAI comes hours after a media report stated that the authenticity of the data stored in Aadhaar identity database has been compromised by a soft...
Recently posted. 498 views . 1 min read