With the second part of the Budget session kicking off from Thursday, expectations are widely rising that Finance Minister Arun Jaitley will make key announcements on allowances.
However, a report in the Business Standard says that the Panel which was formed to study and submit its report in allowances recommended by the 7th Pay Commission is yet to come to a decision.
The panel headed by Finance Secretary Ashok Lavasa met last Friday but is “unable to reach a conclusion”, BS report said.
The Budget session continue till April 12, and a few media reports say that with Jaitley's announcement coming during the session, central government employees can expect to get revised allowances from the new fiscal in April.
But considering the fact that the panel has still not made any concrete decision regarding allowances, government employees might have to wait beyond April for the implementation of revised allowances.
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