Friday, March 31, 2017

Government to announce revised allowances as per 7th Pay Commission in April


Central government employees may be in for some good news this April as revised allowances including house rent allowance (HRA) are likely to be announced after April 12, when the ongoing Budget session of Parliament gets over, reports The Financial Express.

The panel, headed by the Finance Secretary, will hold its final meeting very soon and is on the verge of giving final touches to the allowances which have been reworked in accordance with the 7th Pay Panel’s recommendations.

The panel meeting which took place on Wednesday to mull over the subject lasted for more than three hours. It seems employees in metro cities are in for a bigger cheer as sources suggest that the panel was considering to make HRA a little more generous than the CPC’s award.

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