Seventh pay commission to submit its report today evening

New Delhi: The seventh pay commission will submit its report to Finance Minister Arun Jaitley on Thursday evening.

The commission's chairman, Justice A.K. Mathur, has said it is ready with its recommendations.

The commission was set up in February last year to revise remuneration of about 48 lakh central government employees and 55 lakh pensioners. Its recommendations will also have a bearing on the salaries of the state government staff.

The Union Cabinet had extended the term of the panel in August by four months till December.