7th Pay Commission: There is great news for the central employees. Dearness allowance of central employees is going to increase from July 1. Dearness Allowance of AICPI employees will now be 39% directly.
7th Pay Commission: Finally, the good news for the central employees has come, which they were waiting for. Dearness allowance of central employees is going to increase from July 1. According to media reports, the government can increase dearness allowance (DA Hike) by 5 percent from July 1. Let us know how much the salary will increase.
Then dearness allowance will increase!
Actually, the increase in DA depends on the data of AICPI. There was a jump in the AICPI index in March 2022, after which it is certain that the government can increase Dearness Allowance (DA) by 5 percent, not 3. If this is approved, then the DA of the employees will increase from 34 percent to 39 percent. If this happens, the salary of central employees can increase by more than 27 thousand.
AICPI Index is here
For the months of January and February this year, the AICPI index has seen a decline, but after that the AICPI figures are increasing. 125.1 in January, 125 in February and increased one point to 126 in March. Now the figures for April have also come out. According to the data for April, the AICPI index has come down to 127.7. There has been an increase of 1.35 percent, that is, now if the data of May and June crosses 127, then it can increase up to 5 percent.
How much will the salary increase?
If the government increases DA by 5%, then the DA of central employees will increase from 34% to 39%. Now let us see here how much there will be an increase in the maximum and minimum basic salary.
Calculation on maximum basic salary
1. Basic salary of the employee Rs 56,900
2. New dearness allowance (39%) Rs 22,191/month
3. Dearness allowance so far (34%) Rs 19,346/month
4. How much dearness allowance increased by 21,622-19,346 = Rs 2,845/month
5. Increase in annual salary 2,845X12 = Rs 34,140
Calculation on minimum basic salary
1. Basic salary of employee Rs 18,000
2. New dearness allowance (39%) Rs 7,020/month
3. Dearness allowance so far (34%) Rs 6120/month
4. How much dearness allowance increased 7020-6120 = Rs 900/month
5. Increase in annual salary 900 X12 = Rs 10,800
