New figures of AICPI index will be released on July 31, it will be clear that how much dearness allowance will increase for employees and pensioners from July. It is expected that there will be a 4 per cent increase in DA in July, after which the DA of the employees will increase to 46 per cent.
Central Employee DA Hike 2023: Central employees and pensioners can get 2 big gifts soon. It is reported that according to the AICPI index released by Batak, the Modi government at the center can increase the dearness allowance and dearness relief of employees and pensioners by up to 4 percent before the upcoming elections. If this happens, the dearness allowance of the employees will increase from 42 to 46 percent. This will see an increase in the salary from Rs. This will benefit 1 crore employee-pensioners.
June figures to be released on July 31, 4% hike in DA fixed
Actually, the dearness allowance of central employees is increased twice a year by the central government, this increase depends on the figures of AICPI Index released by the Labor Department. Till now the figures have been released till May 2023, in which the rate of dearness allowance has reached 45.57 points. Now only the figures of June are yet to come, which will be released on July 31, it will be clear that how much the dearness allowance of the employees and pensioners will increase from July. It is expected that there will be a 4 per cent increase in DA in July, after which the DA of the employees will increase to 46 per cent. It is likely to be implemented from 1 July 2023
27000 per annum in salary
The new rates will be applicable from July to December 2023. There is a possibility that it can be announced by the central government anytime between Rakshabandhan to Diwali before the upcoming elections, along with it arrears will also be received, although it has not yet been officially confirmed that how much DA will increase and when it will be announced. For example, if the basic salary of a government employee is Rs 18000, then he gets DA of 42% i.e. Rs 7560 and when it is 46%, it will be Rs 8280 per month, according to which the salary will increase by Rs 720 every month.
If someone’s salary is Rs 56900, then he will get the benefit of Rs 2,276 every month and Rs 27,312 annually.
Increase in HRA also possible, decision on DA arrears may also be taken
According to media reports, HRA can also be increased along with dearness allowance. The last HRA was increased in July 2021 and saw an increase of 25%. This time there is a possibility of an increase of up to 3 percent. It is believed that HRA can be increased by 3% in X class cities and only 2% in Y class cities and 1% in Z class. Since the HRA of a government employee is increased on the basis of the city, it is placed in X, Y, and Z categories. At present, Z class employees get 9, Y 18 and X 27% HRA on their basic salary. Apart from this, there can be a big decision on the outstanding DA arrears and fitment factor as well. By increasing the fitment factor, the basic salary will be 26000. With this, there will be a benefit of 49000 to 96000 in salary.
