Calculate your expected HRA and arrears using this calculator!
New Delhi: A high-level committee headed by finance secretary Ashok Lavasa is likely to submit its final report on HRA and other allowances to Finance Minister Arun Jaitley this week.
The final recommendations on allowances will benefit over 47 lakh central government employees and 53 lakh pensioners. The Lavasa Committee was constituted in June last year after the government implemented the recommendation of the 7th Pay Commission.
The 7th Pay Commission had earlier proposed the rate of House Rent Allowance (HRA) at 24 percent, 16 percent and 8 percent of the Basic Pay for Class X, Y and Z cities respectively.
The Commission had also recommended that the rate of HRA will be revised to 27 percent, 18 percent and 9 percent when DA crosses 50 percent, and further revised to 30 percent, 20 percent and 10 percent when DA crosses 100 percent.