7th Pay Commission HRA Hike latest update: Good news for government employees, Modi government may soon increase HRA. For this notification has already been issued by the government. According to media reports, the government may increase the HRA by the end of the financial year 2023-24.
7th pay commission update: Good news has come for the central government employees. The Central Government will increase the DA Hike, but along with it the HRA of the employees is also going to increase. At present, the employees are getting Dearness Allowance (DA) at the rate of 42 per cent from the government. According to media reports, news is coming that the government is going to increase the house rent allowance soon. The government is doing a lot of planning regarding the salary of central employees. Its effect will be seen in the salaries of the employees in the coming months.
When HRA can be revised
The Modi government may soon increase the HRA as well. For this notification has already been issued by the government. According to media reports, the government can increase the HRA by the end of the financial year 2023-24 because only then the dearness allowance will reach 50 percent. If the dearness allowance reaches the level of 50 per cent, then in that case the government can revise the HRA. At present, the DA received by the employees is currently 42 per cent. Dearness allowance is to be increased once again in July.
HRA was revised in July 2021
In July 2021, when the dearness allowance of the central employees had crossed 25 per cent, the government had revised the HRA, after which there was a bumper increase in the salary of the employees. At present, when the DA reaches 50 percent, the government can revise the HRA once again.
HRA will increase by 3 percent
Let us tell you that this time the government will increase the house rent allowance by 3 percent. At present, the employees are getting HRA at the rate of 27 per cent, which means it will increase to 30 per cent. According to the information, this will be 30 percent when the dearness allowance of the employees will increase to 50 percent.