7th Pay Commission News: The Modi government has given a big gift to the central employees.
Due to which a smile has come on the face of lakhs of central employees and pensioners. The Union Cabinet has today announced to increase Dearness Allowance 3 for central employees.
All central employees will get the benefit of increased dearness allowance from January 01, 2022. The last cabinet meeting of this financial year was held today on 30 March 2022. Approval has been given to increase DA by 3 percent in the meeting.
After this decision of the central government, now the next dearness allowance will be calculated in July 2022. The data for December 2021 of the All India Consumer Price Index for industrial workers has been released.
Accordingly, in December this figure fell by 0.3 points to 125.4 points. The figure stood at 125.7 points in November and declined by 0.24 per cent in December, but it has no effect on the hike in dearness allowance. After the data of AICPI IW of the Labor Ministry, it has been decided that this time dearness allowance will be increased by 3 percent.
So let us tell you about the calculation on salary…
Calculation on minimum basic salary
1. Basic salary of employee Rs 18,000
2. New dearness allowance (34%) Rs 6120/month
3. Dearness allowance so far (31%) Rs 5580/month
4. How much dearness allowance increased 6120- 5580 = Rs 540/month
5. Increase in annual salary 540X12 = Rs 6,480
Calculation on maximum basic salary
1. Basic salary of the employee Rs
56900 2. New dearness allowance (34%) Rs 19346 / month
3. Dearness allowance so far (31%) Rs 17639 / month
4. How much dearness allowance increased 19346-17639 = 1,707 Rs/month
5. Increase in annual salary 1,707 X12 = Rs 20,484
Employees benefit from so many lakhs
After the announcement of increase in dearness allowance by the Modi government, more than 50 lakh central employees and 65 lakh pensioners will benefit.