7th Pay Commission LIVE: Good news for 47 lakh govt employees as PM Modi’s cabinet clears HRA, allownces

7th Pay Commission LIVE: Good news for 47 lakh govt employees as PM Modi’s cabinet clears HRA, allownces

7th pay commission allowance news 2017 LIVE Updates: Finally, the good news is here! It’s a big day today for nearly 47 lakh Central government employees as Prime Minister Narendra Modi led Cabinet on Wednesday approved recommendations on HRA and other allowances. PM Modi returned home on Wednesday morning only after concluding his three-nation tour of Portugal, the US and the Netherlands. The Cabinet meeting took place to take up the proposal to hike in HRA and other allowances with respect to 7th Pay Commission. All the people who are directly or indirectly connected to 7th Pay Commission benefits were 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:-

6:31 PM: All the Central government employees now have a reason to smile and cheer! It’s a big gift from Narendra Modi government to all the Central government employees.

6:02 PM: Union Cabinet approves recommendations of 7th Pay Commission on allowances, reports news agency ANI quoting sources

6:00 PM Over 47 lakh government employees may finally get to hear some good news on HRA and other allowances in the Cabinet briefing

5:55 PM: Cabinet Briefing to take place on Wednesday evening at 6:15 PM tentatively, at PIB Conference Hall , Shastri Bhawan, New Delhi, tweets Frank Noronha (Principal Spokesperson, Government of India & Principal Director General of Press Information Bureau)

5:30 PM All the Central government employees are still getting allowances as per the old structure.

5:11 PM Reportedly, the HRA in cities with more than 5 million population is likely to be 27 per cent of the basic pay.

5:01 PM The pay panel had proposed bringing down HRA to 24%, 16% and 8% of the basic pay; in according with the city category.

4:35 PM The Finance Secretary Ashok Lavasa led Committee on allowances had handed over its review report to the Finance Minister Arun Jaitley in April after consulting representations from various government departments.

Source : financialexpress.com

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