Kumari Palany & Co

No. of views : (2357)

7th pay panel revises HRD, increases to 30 percent

Posted on: 20/Feb/2017 3:02:47 PM
The allowances committee led by Finance Secretary Ashok Lavas is reviewing allowances under 7th Pay Commission. The recommendations in this regard are likely soon.

In July 2016, the allowances committee was set up in order to have an eye on provision of allowances in addition to dearness allowance under the 7th Pay Commission. To come up with recommendations, 4-months time is given which later got extended to 22nd February 2017.
 
According to reports, with the 7th pay panel, House Rent Allowance of HRD is revised to 30 percent which was earlier 24 percent.