Monday, October 17, 2016

Latest News on Committee on allowances & Hike 2% of DA

“Finance Minister Arun Jaitley returned home now from a working visit to Canada and US and the committee on allowances is likely to submit its report to Finance Minister within two-three days,” the official said. The government had earlier announced that until the special committee submits ints report on higher allowances, allowances are to be paid according to the existing rates under the existing pay structure. According to reports, while the special committee is likely to stick with the 7th Pay Commission’s recommendations on allowances, Finance Minister Arun Jaitley will propose a hike of 2 per cent in the dearness allowance (DA).

Source: india.com