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Business News » Personal Finance News

7th Pay Commission: Cabinet may announce decision this week; HRA capped at 27%

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7th Pay Commission: Cabinet may announce decision this week; HRA capped at 27%
A man shows Rs 2000 rupee currency note at a Kolkata market. Photo: IANS
Written By: ZeeBiz WebTeam
Updated: Tue, Jun 06, 2017
05:25 pm
Mumbai, ZeeBiz WebDesk
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Key Highlights
  • E-CoS submitted its report on higher allowance under 7th Pay Commission to Union Cabinet
  • E-CoS recommended HRA slab ranging between 25-27% of the basic pay
  • Proposal to hike salary likely to be placed in Cabinet by next week

7th Pay Commission woes for central government employees may finally coming to an end this week as the Empowered Committee of Secretaries (E-CoS) has submitted its report on higher allowances like House Rent Allowance (HRA), Dearness Allowance (DA) and Transport Allowance (TA) to Union Cabinet, sources told Alok Priyadarshi.

Sources said that the Committee on Allowances has receommended HRA between 25%-27% as against the demand of 30%. 

Finance Ministry had formed the Committee on Allowances headed by Finance Secretary Ashok Lavasa to look at demands for these allowances. 

Out of 196 allowances, the 7th Pay Commission report had recommended abolition of 52 and subsuming of another 36 into larger existing ones.

ALSO READ: 7th Pay Commission: Allowance report to be placed before Cabinet

7th CPC had recommended house rent allowance (HRA) to be paid at the rate of 24%, 16% and 8% of the new Basic Pay, depending on the type of cities.  

The proposal may be accepted and announced by Prime Minister Narendra Modi-led Cabinet as early as next week. 

ALSO READ: 7th Pay Commission: Employees' union to meet govt officials to seek update on higher allowance

 

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TAGS:
7th Pay commissionHigher allowance7th Pay Commission reportEmpowered Committee of Secretariesunion cabinetE-CoS7th Pay Commission latest newsHouse Rent AllowanceHRA slablavasa panelcentral government employeesPersonal Finance7th CPC7th CPC Latest News7th CPC HRA7th CPC Allowances
RELATED NEWS
7th Pay Commission latest news: Salary up to Rs 1.42 lakh plus DA, HRA; check this central government job offer at upsconline.gov.in 7th Pay Commission latest news: Salary up to Rs 1.42 lakh plus DA, HRA; check this central government job offer at upsconline.gov.in
7th Pay Commission latest update: BIG RELIEF for central government employees! Check out these relaxations on LTC allowance by Modi government 7th Pay Commission latest update: BIG RELIEF for central government employees! Check out these relaxations on LTC allowance by Modi government
7th Pay Commission: Awesome Salary! These central government jobs with 7th CPC pay is Rs 92,300 plus allowances; take the first step at cag.gov.in 7th Pay Commission: Awesome Salary! These central government jobs with 7th CPC pay is Rs 92,300 plus allowances; take the first step at cag.gov.in
7th Pay Commission: Big LTC allowance relief for central government employees! Modi Govt grants these relaxations 7th Pay Commission: Big LTC allowance relief for central government employees! Modi Govt grants these relaxations
7th Pay Commission latest news: Whopping salary plus allowances; check details of this central government job at joinindianarmy.nic.in 7th Pay Commission latest news: Whopping salary plus allowances; check details of this central government job at joinindianarmy.nic.in

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