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7th Pay commission News
7th Pay commission
7th Pay Commission HRA approved: We help you calculate
Wed, Jun 28, 2017
As the House Rent Allowance at the reduced rates may not be sufficient for employees falling in lower pay bracket, it has been decided that HRA shall not be less than Rs 5400, Rs 3600 and Rs 1800 for X, Y and Z category of cities respectively.
7th Pay Commission: Cabinet approves HRA recommendations; here's what it means for employees
Wed, Jun 28, 2017
Union Cabinet approves recommendations of 7th Pay Commission on Allowances with 34 modifications; revised rates effective from 1 July 2017
7th Pay Commission: Decision on higher HRA allowance likely as Cabinet meets today
Wed, Jun 28, 2017
Prime Minister Narendra Modi has returned from his foreign visit last night and today he will be meeting his Cabinet members today to take final decision on revised salary as per 7th Pay Commission
7th Pay Commission: Latest news on HRA, DA and arrears
Tue, Jun 27, 2017
The wait to get clarity on allowances like House Rent Allowance (HRA) and Dearness Allowance (DA) under the 7th Pay Commission may be over on Wednesday as the Cabinet is likely to convene a meeting and announce its decision.
7th Pay Commission: PM Modi's US visit may delay higher allowance decision?
Mon, Jun 26, 2017
When the Union Cabinet was about to take final call on various recommendations on June 28, the date has neem shifted to July 5.
7th Pay Commission: Cabinet to approve HRA allowance next week?
Fri, Jun 23, 2017
The issue of these arrears and allowances have been pending for over a year now as it was June 2016 when Finance Minister Arun Jaitley had ordered setting up of Committee on Allowances under leadership of Finance Secretary Ashok Lavasa.
7th Pay Commission: BSNL, Air India, BHEL cannot afford revised salaries to employees
Wed, Jun 21, 2017
Prime Minister Narendra Modi and Finance Minister Arun Jaitley held a meeting to finalise the house rent allowance (HRA) as per 7th CPC.
7th Pay Commission: 27% or 30%? What will Cabinet approve?
Mon, Jun 19, 2017
Union Cabinet in a meeting to held this week may finally take a call on allowances like HRA under the 7th Pay Commission.
7th Pay Commission: House Rent Allowance may be hiked, news likely soon
Sat, Jun 17, 2017
In the latest update on 7th Pay Commission news, HRA may be hiked more than the recommendations of the committee. The Cabinet meeting to be held next week may take up discussions on the same.
7th Pay Commission: Cabinet to take up HRA allowance once Jaitley returns from South Korea
Thu, Jun 15, 2017
Decision on arrears like HRA, dearness allowance, transport allowance (TA), etc, under the 7PC were expected to be taken on Wednesday. However, the Cabinet delayed it due to FM Arun Jaitley meet in South Korea.
7th Pay Commission: Cabinet meeting today; HRA may get fixed at 27%; arrears by July 1
Wed, Jun 14, 2017
The 7th CPC had also proposed that House Rent Allowance or HRA be capped at 24%. This did not go well with central government employees who demanded a higher HRA at 30%.
7th Pay Commission: Cabinet may meet on June 14 to decide on revised allowances for Govt employees
Tue, Jun 13, 2017
Finance Minister Arun Jaitley is likely to table the proposal for the revised allowance structure under the 7th Pay Commission at the Cabinet meet on June 14, Wednesday, and the move is likely to benefit nearly 50 lakh Central government employees.
7th Pay Commission: Will Cabinet decide on arrears this week?
Mon, Jun 12, 2017
While the reports for higher allowance going around under 7th Pay Commission, there is still no clue about arrears. Till now the government has not given any official confirmation regarding arrears to allowances.
7th Pay Commission update: Central govt employees may get revised allowances from July 18
Sat, Jun 10, 2017
Latest news in the 7th Pay Commission is that central government employees may be getting revised allowances including House Rent Allowance from July 18 onward. The revised amount is cited to be higher than what was earlier suggested. A Cabinet meeting on Monday will now decide the hike in pay for these employees.
RBI once again flags 7th Pay Commission implementation as inflation risk
Thu, Jun 08, 2017
The Reserve Bank of India (RBI) has once again outlined the implementation of 7th Pay Commission as aiding to India's inflation.
From farm loan waivers to your EMIs, 10 things RBI said
Wed, Jun 07, 2017
RBI during its monetary policy meet on Wednesday touched upon several aspects right from inflation to farm loan waivers to 7th Pay Commission, among others. Here are 10 key things RBI said during its meet.
7th Pay Commission: Cabinet may make HRA and other allowances announcement soon
Wed, Jun 07, 2017
On June 1, E-CoS had met to discuss the recommendations under 7th Pay Commission related to higher allowance and HRA and prepared a proposal for the government's consideration.
7th Pay Commission: Cabinet may announce decision this week; HRA capped at 27%
Fri, Jun 02, 2017
7th Pay Commission: Allowance report to be placed before Cabinet
Wed, May 31, 2017
The Empowered Committee of Secretaries (E-CoS) is likely to meet Union Cabinet tomorrow to discuss the higher allowance and house rent allowance (HRA) recommendations report under 7th Pay Commission.
RBI unlikely to cut repo rate even as CPI inflation reaches to a series low
Mon, May 29, 2017
Urjit Patel governor of RBI along with Monetary Policy Committee (MPC) have kept the policy rate unchanged in last three meet followed by a neutral stance in the month of February 2017. This may continue in June bi-monthly monetary policy despite low CPI.