7th Pay Commission: Latest updates on your dearness, transport allowance

Committee on Allowances, headed by Finance Secretary Ashok Lavasa along with National Joint Council of Action (NJCA) leaders of the 7th Pay Commission are likely to hold talks today to decide the allowances, a media report said. 

NJCA is a joint body of unions representing central government employees.

The committee may submit the final report on the revised allowance to Finance Minister Arun Jaitley today, as reported by Business Standard. 

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There are more than 56 lakh employees who will be getting higher allowances under 7th Pay Commission. 

In June last year, after the implementation of 7th Pay Commission, Finance Minister Arun Jaitley had announced the formation of Lavasa panel , to examine the suggestions on allowance. 

Earlier, the Lavasa committee was expected to submit the report in October, but since then it got delayed. 

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The committee is yet to submit the report on House Rent Allowance (HRA) to the government. As reported by Zeebiz earlier, under the 7th Pay Commission, HRA should be paid at the rate of 24%, 16% and 8% of the new Basic Pay, depending on the type of cities while unions demanded HRA at 30, 20 and 10%. 

In a reply to a question Lok Sabha, on March 10, Minister of State for Finance Arjun Ram Meghwal, said that the committee has not submitted its report to the government but the deliberations of the committee are in the final stages.