7th Pay Commission Latest Update: The central government is contemplating to give a big gift to its employees in the new year. A big decision is possible regarding HRA.
7th Pay Commission Latest Update: Central government employees can get another big gift in the coming new year. According to media reports, the Narendra Modi government may announce an increase in the House Rent Allowance (HRA) in early January 2022.
According to a report published by Jagran.com last week, the finance ministry has already started a plan to increase the HRA of central government employees, a move that will benefit over 11.56 lakh employees working with the Indian Railways. are supposed to.
It is noteworthy that Indian Railway Technical Supervisors Association and National Federation of Railwaymen are demanding implementation of HRA from January 1, 2021 on the recommendation of 7th Pay Commission. After increasing the house rent allowance, there will be a bumper increase in the salary.
HRA will be calculated on the basis of 7th pay commission
The HRA payment for X, Y and Z cities is 24%, 16% and 8% respectively. For X, Y and Z cities HRA should not be less than Rs 5400, Rs 3600 and Rs 1800, calculated @ 30 per cent, 20 per cent and 10 per cent of the minimum salary of Rs 18,000.
The 7th Wayne Commission had also recommended revision of HRA when DA reaches 50% and 100%, Government decided to revise the rates when DA crosses 25% and 50% respectively.
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