House Rent Allowance (HRA) Calculations after implementation of 7th CPC The Union Cabinet finally cleared the 7th Central Pay Commission for implementation on the 29th of July 2016. The Report which recommended a hike in salaries and pension for employees and pensioners, will be implemented from 1st January 2016. After taking into account dearness allowance at the … [Read more...] about House Rent Allowance (HRA) Calculations after implementation of 7th CPC
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House Rent Allowance
Percentage of HRA in 7th pay commission after cabinet approval
Percentage of HRA in 7th pay commission after cabinet approval The Pay commission has recommended HRA should be rationalized by using the factor 0.8 which is used for rationalising the percentage based allowances. The 7th CPC recommended 24 percent, 16 percent and 8 percent of the Basic Pay for Class X, Y and Z cities respectively. The Commission also recommended … [Read more...] about Percentage of HRA in 7th pay commission after cabinet approval
House Rent Paid : 80GG has also been raised to 60,000 from 24,000
House Rent Paid : 80GG has also been raised to 60,000 from 24,000 The limit of deduction of house rent paid under section 80GG has also been raised to Rs. 60,000 from the existing Rs. 24,000 per annum to give relief to employees who live in rented houses. Certain Tax Reliefs announced for small tax payers and others While presenting the General Budget 2016-17 in Lok … [Read more...] about House Rent Paid : 80GG has also been raised to 60,000 from 24,000
Grant of House Rent Allowance to Railway Employees Posted to New Zones/New Divisions: Railway Board orders
Railway Board decision on House Rent Allowance – Orders Issued GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) No.E(P&A)II-98/HRA-6 RBE No: 20/2016 New Delhi, dated 17/02/2016 The General Manager/CAO’s All Indian Railways & Production units. Sub : Grant of House Rent Allowance to Railway employees posted to new Zones/new Divisions – … [Read more...] about Grant of House Rent Allowance to Railway Employees Posted to New Zones/New Divisions: Railway Board orders
Claiming Children education Allowance is made simple in 7th Pay Commission
Claiming Children education Allowance is made simple in 7th Pay Commission CHILDREN EDUCATION ALLOWANCE IN 7TH CPC – SOME PERSPECTIVES The 7th pay commission, which is much expected by all the Central Government Employees, has submitted its report to the government. In its report, the commission has specified that the new pay commission has to be implemented from 01/01/2016 … [Read more...] about Claiming Children education Allowance is made simple in 7th Pay Commission
Analysis and Recommendations of 7th Pay Commission on House Rent Allowance
Allowances related to Housing : House Rent Allowance (HRA) : Presently, HRA is payable at the following rates: There are a large number of demands for paying HRA as a percentage of (Basic Pay + DA), instead of as a percentage of Basic Pay alone, as at present. Representations have also been received regarding enhancement of percentage rates and having only two … [Read more...] about Analysis and Recommendations of 7th Pay Commission on House Rent Allowance
7th CPC recommendations to reduce House Rent Allowance
7th CPC recommendations to reduce House Rent Allowance The 7th Central Pay Commission has been recommended to reduce the percentage of House Rent Allowance for all categories of Central Government employees rationalized to 24 percent, 16 percent and 8 percent of the Basic Pay for Class X, Y and Z cities respectively. The Commission also recommends that … [Read more...] about 7th CPC recommendations to reduce House Rent Allowance
Admissibility of House Rent Allowance in the event of non-acceptance or surrender of railway residential accommodation
Admissibility of House Rent Allowance in the event of non-acceptance or surrender of railway residential accommodation: Railway Board Order No. RBE 123/2015 GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) RBE 123/2015 No. E(P&A)II-2012/F.E.2/4 New Delhi, dated 12.10.2015. The General Managers, All Indian Railways & Production Units etc. Sub : … [Read more...] about Admissibility of House Rent Allowance in the event of non-acceptance or surrender of railway residential accommodation
Grant of 30% House Rent Allowance to employees working Umdanagar, Medchal and Gundlapochampally
Grant of 30% HRA to staff working Umdanagar, Medchal and Gundlapochampally on par with the staff working in GHMC limits. GOVERNMENT OF INDIA MINISTRY OF RAILWAYS (RAILWAY BOARD) No. E(P&A)II-2012/HRA-1 New Delhi, dated 18.9.2015. The General Manager (P), South-Central Railway, Secunderabad Sub:- Grant of 30% HRA to staff working Umdanagar, Medchal and … [Read more...] about Grant of 30% House Rent Allowance to employees working Umdanagar, Medchal and Gundlapochampally
7th Pay Commission to propose higher HRA
Seventh Pay Commission to propose higher HRA New Delhi: The Seventh Pay Commission is likely to propose to increase House Rent Allowance (HRA) of central government employees, besides their basic salaries. Seventh Central Pay Commission Chairman Justice Ashok Kumar Mathur By giving House Rent Allowance hikes, the Pay Commission is likely to seek to … [Read more...] about 7th Pay Commission to propose higher HRA
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