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News
7th CPC HRA
7th CPC HRA News
RBI
16 Aug 2017
RBI to maintain "prolonged pause" before next rate cut: HSBC
The note comes two days after data showed that headline consumer price inflation (CPI) almost doubled to 2.36 percent for July from 1.54 percent in the previous month, and a day after the wholesale price inflation also shot up to 1.54 percent from being negative in the previous month.
7th CPC
11 Jul 2017
7th Pay Commission: Govt employees to get monthly HRA hike of up to Rs 48,000
The central government employees will get maximum monthly HRA (House Rent Allowance) hike of Rs 33,000 from their July month salaries but it will be revised upwards by Rs 40,500 and Rs 48,000 when DA crosses 25 percent and 50 percent respectively.
7th CPC
07 Jul 2017
7th Pay Commission: Allowance for troops in Siachen, Naxal areas more than doubles
The government has more than doubled risk and hardship allowance for armymen in Siachen and hiked the same for security forces deployed for counter insurgency operations and in Naxal-hit areas.
7th CPC
07 Jul 2017
7th Pay Commission: Govt notifies higher allowances, HRA; effective from July 1
All allowances given under 7th Pay Commission recommendation will be effective from 1st July 2017.
7th CPC
10 Jul 2017
7th Pay Commission: Maximum HRA hiked from Rs 27,000 to Rs 60,000 for now, to be raised to Rs 75,000 when DA crosses 50%
For the central government employees belonging to highest level in the pay matrix, HRA has been increased from Rs 27,000 to Rs 60,000, meaning a hike of 122 percent. However, the HRA for these employees will be revised upwards to Rs 67,500, and Rs 75,000 when DA crosses 25% and 50% respectively.
7th CPC
01 Jul 2017
7th Pay Commission: Increased allowances come into effect from today
Cabinet this week approved recommendations of 7th Central Pay Commission with 34 modifications.
7th pay commission allowances news
30 Jun 2017
7th Pay Commission on allowances: Where govt employees will get maximum HRA- check out city-wise
Know the actual HRA (House Rent Allowance) city-wise after the Union Cabinet on Wednesday approved the 7th CPC recommendations on allowances with some modifications.
7th pay commission allowances news
06 Jul 2017
7th Pay Commission on allowances: How the Cabinet approval will affect HRA, salaries of central govt employees
Know how the Union Cabinet's nod to E-CoS report on allowances will affect HRA (House Rent Allowance) and salaries of central government employees.
7th CPC
29 Jun 2017
7th Pay Commission: Cabinet clears decks for implementation of higher allowances from July 1 – All you should know
Here are the highlights of cabinet approval on 7th Pay Commission Allowances.
7th CPC
28 Jun 2017
7th Pay Commission: Cabinet to take up proposal on allowances today, will govt employees get HRA higher than Mathur panel?
If the Cabinet takes final call today then the central government employees will get revised allowances from July month salary.
7th CPC
27 Jun 2017
7th Pay Commission: Cabinet to take up proposal on allowances tomorrow, will govt employees get HRA higher than Mathur panel?
The Union Cabinet may approve HRA (House Rent Allowance) rates between recommendations of AK Mathur panel and 6th CPC/existing, most likely at 27 percent in its meeting on June 28.
7th CPC
26 Jun 2017
7th Pay Commission: Final decision on allowances on June 28; HRA rate likely to be capped at 27%
The Union Cabinet may fix HRA (House Rent Allowance) rates between recommendations of AK Mathur panel and 6th CPC/existing, most likely at 27 percent in its next meeting on June 28.
7th CPC
20 Jun 2017
7th Pay Commission: Cabinet to take final call on HRA, allowances today, will govt employees get arrears for 17 months?
The meeting, which is scheduled to take place this evening is likely to focus on recommendations of the Lavasa Panel.
7th CPC
23 Jun 2017
7th Pay Commission: Cabinet to take final call on HRA, allowances on June 28; will govt employees get arrears for 17 months?
The Narendra Modi Cabinet is likely to put an end to year-long wait of central government employees for allowances, including HRA (House Rent Allowance) by taking final call on the proposal in its next meeting on June 28.
7th CPC
16 Jun 2017
7th Pay Commission: Final decision on allowances, arrears next week; will government retain existing rates of HRA
The Narendra Modi Cabinet is likely to put an end to year-long wait of central government employees for allowances including HRA by taking final call on the proposal in its next meeting next week.
7th CPC latest news
15 Jun 2017
7th Pay Commission: Final decision on allowances soon; will govt employees get maximum HRA hike of up to 178 percent?
If the government retains the exiting HRA rates (as per 6th Pay Commission) then the HRA component of central government employees will increase ranging between 157 percent and 178 percent.
7th CPC
16 Jun 2017
7th Pay Commission: Final decision on allowances today; govt employees may suffer monthly HRA loss of up to Rs 15,000
As far as House Rent Allowance (HRA) is concerned, the central government employees may suffer a monthly loss of up to Rs 15,000, if the government accepts the bare recommendations of AK Mathur panel on allowances.
7th CPC latest news
12 Jun 2017
7th Pay Commission: Central govt employees to get revised allowance from July
Government will start disbursing revised allowances including house rent (HRA) allowance under 7th Pay Commission from July.
7th CPC latest news
09 Jun 2017
7th Pay Commission: Cabinet likely to approve higher HRA, allowances today
The Empowered Committee of Secretaries (E-CoS) last Friday placed its final report on allowance before the Cabinet,
RBI
06 Jun 2017
Dovish now, RBI may cut rate in Aug if rains good: BofAML
The RBI's Monetary Policy Committee is expected to maintain a dovish stance Wednesday, but might go for a 25 bps slash in repo rate in August on good monsoon, says a BofAML report.
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