Implementation of the recommendations of Seventh Central Pay Commission - Cash Handling and Treasury Allowance - Reg

Implementation of the recommendations of Seventh Central Pay Commission - Cash Handling and Treasury Allowance - Reg

Implementation of the recommendations of Seventh Central Pay Commission - Cash Handling and Treasury Allowance - Re 

OFFICE MEMORANDUM

Subject: Implementation of the recommendations of Seventh Central Pay

Commission Cash Handling and Treasury Allowance -reg.

Consequent upon the decision taken by the Government on the

recommendations of the Seventh Central Pay Commission vide Department of

Expenditure's Resolution No. 11-1/2016-IC dated 06.07.2017, Cash Handling

Allowance and Treasury Allowance have been subsumed in Cash Handling and

Treasury Allowance! The President is now pleased to decide that Cash Handling and

Treasury Allowance shall be admissible to Central Government employees at the

following rates subject to conditions mentioned in subsequent paras

Amount of average monthly Cash Revised rates of Cash Handling and

handled in Rs. Treasury Allowance in Rs.)

5 lakh              700

Over 5 lakh    1000

2. The powers to grant Cash Handling and Treasury Allowance remain delegated

to the Ministries and Head of Departments who, at their discretion, may appoint

Junior Secretariat Assistants Senior Secretariat Assistants Assistant Section

Ollicers officials holding substantive post up to level 7 of Pay Matrix, to perform the

duties of Cashiers. The grant of Cash Handling and Treasury Allowance shall be

subject to the following conditions:

The amount of Cash Handling and Treasury Allowance to be granted will

depend on the average amount of monthly Cash disbursed, excluding payment by

cheques/ drafts/ECS/online payments/other modes where cash handling in physical

form is not involved

ii) The Ministry or Head of the Department concerned should certify, on the basis

of the previous financial year's average, the amount of Cash disbursed and sanction

the rate of Cash Handling and Treasury Allowance appropriate to that quantum. The

average amount of Cash disbursed should be arrived at by taking the total amount

shown as disbursed in the Cash Book reduced by the items disbursed in the form of

cheques/R.T.Rs/Drafts/ECS/online payments/other modes where cash handling in

physical form is not involved, etc.

in) The Cash Handling and Treasury Allowance granted to the official should be

reviewed every financial year.