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Home Government Scheme 7th Pay Commission: Big news! So many thousand rupees will come together...

7th Pay Commission: Big news! So many thousand rupees will come together on May 1 of central employees

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Central Government Employees: Good news! Salary will increase, Finance minister can announce in the budget, check details
Central Government Employees: Good news! Salary will increase, Finance minister can announce in the budget, check details

7th Pay Commission latest news: Good news is coming for the central employees, the central government has increased the dearness allowance of its employees and pensioners

As soon as the central government increased the dearness allowance by 3 percent, the DA of central employees has doubled in 9 months.

Central employees and pensioners will now get DA at the rate of 34 percent i.e. about 9 months. Earlier it was only 17 percent. That is, in 9 months, the DA of central employees has doubled from 17 per cent to 34 per cent. This will benefit 50 lakh employees and 65 lakh pensioners. However, this initiative will cost the government Rs 9544.50 crore annually.

latest new on 7th pay commission

Last year in July 2021, the DA of employees was 17 percent. After this, the government had increased the DA by 11 percent in the month of July. Due to this his DA had increased from 17 per cent to 28 per cent.

After this, DA was increased by 3 percent in November 2021. After this DA became 31 per cent. Last month on March 30, the government had once again announced an increase of 3 per cent in the DA of employees, which has now increased to 34 per cent .

This increase in DA and DR has come into effect from January 1, 2022. Now after the release of salary for March, the arrears of DA can be released in the account of the employees.

That is, in the month of April, a huge amount is going to come in the account of central employees. This announcement of the central government will benefit more than one crore government employees and pensioners i.e. 50 lakh employees and 65 lakh pensioners.

Let us tell you that the basic salary of central employees ranges between Rs 18,000 to Rs 56,900. If we look at the calculation of minimum basic pay when dearness allowance is 34 percent, then the minimum basic pay of a central employee is Rs 18,000. After the DA is 34 percent, it will increase by Rs 5580 to Rs 6120 per month.

That is, the salary will increase by Rs 540 per month. In such a situation, in the month of May, there will be an increase of Rs 2160 (540X4 = 2160) in the account of employees with basic salary of Rs 18,000. On the other hand, if we look at the salary on an annual basis, then it will increase by Rs 6,480.

At the same time, the salary of the maximum basic pay 56,900 will be increased by Rs 1707 monthly. In such a situation, Rs 6828 (1707X4 = 6828) will increase in the account of employees with basic salary of Rs 56,900 in the month of May.

Accordingly, the salary of these employees will increase by Rs 20,484 on an annual basis. If the central employees want, they can calculate the salary according to the salary.

DA will increase like this on basic pay

Calculation on minimum basic salary

  • Basic Salary: Rs 18,000
  • New Dearness Allowance (34%): Rs.6120/month
  • New Dearness Allowance (34%): Rs 73,440/annum
  • Dearness Allowance till date (31%): Rs 5580/month
  • How much dearness allowance increased: 6120- 5580 = Rs 540 / month
  • How much will you get in May: 540X4 = Rs 2,160
  • Increase in annual salary : 540X12 = Rs 6,480

Calculation on maximum basic salary

  • Basic Salary: Rs 56,900
  • New Dearness Allowance (34%): Rs 19,346/month

 

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