Cabinet approves modifications in the 7th CPC recommendations on pay and pensionary benefits
Dearness Allowance Allowance Committee 7th Pay Commission Income Tax exemption
4% Additional DA for TN State Government Employees from Jan 2017 Allowances Committee Report and Financial Expenditure Committee on 7th CPC Allowances : FM Press Note Income Tax exemption benefit on Housing Loan Interest (FAQ)

7th Pay Commission House Building Advance

7th CPC House Building Advance : There is tow major changes in ceiling limits as follows…


Changes are expected in 7th CPC on House Building Advance…

1. Eligibility Service should be revised

2. Amount of Advance should be increased

3. HBA calculation should be on Basic pay(Pay in the band + Grade Pay)

4. 34 times and 80% are not sufficient

5. Conditions of repaying capacity should be revised.

6. Rate of Interest should be decreased

7. Second Mortgage rules to be relaxed

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