Centre notifies decision on 7th Pay Commission

The Central Government has published the Gazette notification pertaining to its decision on the recommendations of 7th Central Pay Commission on allowances.

Referring to the Report of Committee on Allowances (CoA) and the recommendation of E-CoS, the Union Cabinet had approved the modifications in 34 allowances in its meeting held on June 28, 2017.

As per latest the notification, it is stated that all allowances will be given with effect from July 1, 2017. The concerned ministries have been directed to issue their orders on allowances with immediate effect. The government said that the modified allowances and HRA would reflect in the July salary.

The finance ministry has published the list of allowances recommended by the 7th pay commission along with modifications as approved by the Government of India in Gazette of India.

The revised rates of allowances shall be permissible with effect from the 1st July 2017.

Read the Gazette notification

"Exciting news! Elets Banking & Finance Post is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.