It
is reported from sources that the revised allowances to be presented before
cabinet for it's approval likely soon, probably by next week. Cabinet may
approve it on Wednesday, the 31st. (If not earlier, of course !)
It is also reported that "Allowance Committee" did not suggest any
major change in seventh CPC recommendation. It is going to be retained as
24%, 16% and 8% of new basic pay. Only minor changes, details of which are
not available with the sources may be effected in the order.
Regarding date of effect, it is most likely that allowances will be revised with retrospective effect from 01.07.2016.
So, let's keep finger crossed !
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