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Business News » India News

7th Pay Commission: Allowance committee likely to submit report on April 18

Before that, on March 28, the Lavasa Panel had said they will finalise the report after receiving comments from ministries on treatment of 14 allowances and benefits. 

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7th Pay Commission: Allowance committee likely to submit report on April 18
On April 6, the committee held a meeting to to decide on the higher allowances. Photo: IANS
Written By: ZeeBiz WebTeam
Updated: Fri, Apr 14, 2017
05:10 pm
Mumbai, ZeeBiz WebDesk
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A week after the "crucial" allowance committee meet under 7th Pay Commission, there is no official update on when the final report will be submitted. However, the Ashok Lavasa committee is likely to announce major changes in the salaries of the central government employees, a media report said.

On April 6, the committee held a meeting to to decide on the higher allowances. The representatives of National Joint Council of Action (NJCA) also to joined the meeting. 

NJCA is a joint body of unions representing central government employees.

ASLO READ: 7th Pay Commission: Allowance committee to hold "crucial" meeting today

In June last year, after the implementation of 7th Pay Commission, Finance Minister Arun Jaitley had announced the formation of Lavasa panel , to examine the suggestions on allowance. 

Now, after a lot of speculations on date of submission, according to a The Financial Express report, the committee is likely to submit report on April 18. 

ALSO READ: 7th Pay Commission: Allowance committee to submit final report this week

After the last meeting, the committee had asked for some more time to finalise the report. 

Apart from allowances, the panel will also give suggestions on House Rent Allowances to the government. Under the 7th Pay Commission, HRA should be paid at the rate of 24%, 16% and 8% of the new Basic Pay, depending on the type of cities.  

ALSO READ: 7th Pay Commission: Allowance committee to take more time to submit final report

Before that, on March 28, the Lavasa Panel had said they will finalise the report after receiving comments from ministries on treatment of 14 allowances and benefits. The panel had sought comments from ministries of defence, railways and posts on treatment of over a dozen benefits.

Other recommendations that included a change in the present system of accounting, wherein pay and allowances are clubbed and it would be difficult to bifurcate these. Out of 196 allowances, the 7th Pay Commission report had recommended abolition of 52 and subsuming of another 36 into larger existing ones. 

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TAGS:
7th Pay commission7th Pay Commission RecommendationsAshok LavasaHigher allowanceAllowance committee7th Pay Commission Recommendations reportEconomyNational Joint Council of Action (NJCA)House Rent Allowances (HRA)7th Pay Commission Arrears7th Pay Commission Top News7th CPCInflationImpact of 7th CPC on inflation
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