Seventh pay commission to submit its report today evening

New Delhi: The seventh pay commission will submit its report to Finance Minister Arun Jaitley on Thursday evening.

The commission's chairman, Justice A.K. Mathur, has said it is ready with its recommendations.

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The commission was set up in February last year to revise remuneration of about 48 lakh central government employees and 55 lakh pensioners. Its recommendations will also have a bearing on the salaries of the state government staff.

The Union Cabinet had extended the term of the panel in August by four months till December.