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Home Personal Finance 7th Pay Commission: Announcement of increase in dearness allowance on this day,...

7th Pay Commission: Announcement of increase in dearness allowance on this day, salary will increase drastically!

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7th Pay Commission: Central employees will get 3 big gifts on New Year, salary will increase by this much...Know Details
7th Pay Commission: Central employees will get 3 big gifts on New Year, salary will increase by this much...Know Details

7th Pay Commission DA Hike: There is good news for more than one crore central employees and pensioners of the country. Their wait for hike in DA and DR is likely to end soon. If everything goes well, the central government can give them a big gift of increase in salary from Durga Puja.

According to information received from sources, an important meeting of the Union Cabinet is going to be held on September 27. In this meeting, the Central Government can give green signal to increase in dearness allowance and dearness relief. If this happens then it can be a big gift for central employees and pensioners before Navratri.

Let us tell you that on the basis of 7th Pay Commission, the Central Government usually revises the Dearness Allowance every 6 months, so that due to inflation there should not be any problem in the living of its employees and pensioners. It may be announced anytime, but every year the first increase in dearness allowance comes into effect from January and the second from July.

Given the inflation figures, central employees are hopeful that this time too there may be an increase of 4 percent in DA. If this happens then dearness allowance will jump from 42 to 46 percent.

Actually, the Central Government decides to increase the dearness allowance on the basis of AICPI data released by the Labor Ministry. Once again a big increase has been recorded in the AICPI figures for the first half i.e. January to June 2023. After this it has reached the level of 46.24 percent.

In such a situation, central employees are hopeful that their DA will increase from 42 percent to 46 percent. However, only after the official announcement it will be clear how much the DM of central employees increases this time.

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