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Wednesday, 28 June 2017

7TH PAY COMMISSION LIVE UPDATES: BIG DAY FOR 47 LAKH CENTRAL GOVT. EMPLOYEES, MODI GOVERNMENT MAY ANNOUNCE HIKE IN CABINET MEET TODAY

7th Pay Commission LIVE updates: Big day for 47 lakh staff at Centre, Modi government may announce hike in Cabinet meet today

People who are directly or indirectly connected to 7th Pay Commission benefits are keeping a close eye on the meet.

7th pay commission allowance news 2017 Live Updates: It’s a big day today for nearly 47 lakh Central government employees as Prime Minister Narendra Modi on Wednesday returned home after concluding his three-nation tour of Portugal, the US and the Netherlands and reportedly a Cabinet meeting may take place to take up the proposal to hike in HRA and other allowances with respect to 7th Pay Commission. According to various media reports, this is the last Cabinet meet of this month of the Narendra Modi led Central government. People who are directly or indirectly connected to 7th Pay Commission benefits are keeping a close eye on the meet to know what transpires in the Cabinet meet in terms of their HRA and allowances.

Here are all the 7th Pay Commission allowance news 2017 LIVE UPDATES and other developments:-

1:00 PM The 7th Pay Commission had recommended HRA too be fixed at 24%, 16% and 8% depending on the cities where employees are based. However, a number of employees were not happy with this hike and demanded 30%, 24% and 16% HRA bracket.

12:38 PM The Committee on Allowances that Arun Jaitley had set up last year under leadership of Finance Secretary Ashok Lavasa submitted its reported earlier this year and suggested that HRA to be fixed at between 25% and 27%

12:20 PM Central government employees are seeking revised allowances including HRA.

11:55 AM Lavasa Committee had suggested modifications in some allowances applicable universally to all employees and also for those in specific categories, including railways and defence, after examining the Seventh Pay Commission recommendations.

11:20 AM The Lavasa Committee has suggested modifications in some allowances applicable universally to all employees.

The Finance Secretary Ashok Lavasa-led Committee on Allowances was constituted by the government to examine the 7th CPC recommendations on allowances.

11:05 AM The Union Cabinet may fix HRA rates between recommendations of AK Mathur panel and 6th CPC/existing, most likely at 27 per cent.

11:00 AM: The Union Finance Ministry in a statement had confirmed that modifications have been suggested in some allowances.

Source:-Financial Express

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