- Advertisement -
Home Personal Finance 7th Pay Commission: Good News! Dearness allowance of central employees will be...

7th Pay Commission: Good News! Dearness allowance of central employees will be 50 percent, salary will increase by this much

0
Employees Salary Update: Good news for employees, will soon get the benefit of seventh pay scale! Preparations started, department asked for this information
Employees Salary Update: Good news for employees, will soon get the benefit of seventh pay scale! Preparations started, department asked for this information

7th pay commission Latest News: A good news has come out for the central employees. Actually, the government is going to give a big gift to the employees on the New Year. Central government employees and pensioners are expected to increase dearness allowance and dearness relief.

The Central Government can give the gift of increase in Dearness Allowance to its employees on the occasion of New Year, because the government increases DA twice a year during January and July. According to AICPI data, the government increases the dearness allowance of central employees under the 7th Pay Commission. Due to this, sometimes the DA of employees increases by three percent and sometimes by four percent.

Central government employees and pensioners are expected to get 4 percent increase in dearness allowance and dearness relief. In such a situation, if DA and DR increases to 50 percent, then there will be an increase in the salary of employees and pension of pensioners. After this increase, the minimum salary of employees will increase by Rs 9000. The government can extend this increase after January to February or March also.

DA will become zero after 50 percent 

When the government implemented the 7th Pay Commission in 2016, then dearness allowance was reduced to zero. According to the rules, as soon as dearness allowance reaches 50 percent, it will be reduced to zero. Along with this, DA received on the basis of 50 percent will be added to the basic salary.

Accordingly, the basic salary of the employees will also increase. Suppose if someone’s basic salary is Rs 18 thousand then Rs 9000 will be added to it. After this, dearness allowance will be given separately.

Dearness allowance increased for these people 

It is noteworthy that the Central Government had recently increased the dearness allowance under the Sixth Pay Commission and Fifth Pay Commission. This increase is effective from July 1, 2023. Apart from this, many states have also increased the dearness allowance of their employees and pensioners.

Petrol and diesel prices updated across the country on Saturday, check the latest rates before filling the tank.

- Advertisement -

Exit mobile version