7th Pay Commission: Great News! for central employees! 58,038 arrears will be available with this month’s salary

0
701
SIP Calculator: Get 25 lakhs by investing 5000 rupees monthly, know SIP details
SIP Calculator: Get 25 lakhs by investing 5000 rupees monthly, know SIP details

7th pay commission: There is important news for central employees. With 3% increase in dearness allowance, 3 months arrears will come in the account of employees. Let us tell you that the increased DA will be available from January 2022. Let us know how much will be your arrears.

DA Arrear Latest News: Central employees have once again got good news. There has been an increase in Dearness Allowance and Dearness Relief for Central Government Employees and Pensioners. In the cabinet meeting, the government has announced a 3% DA hike.

- Advertisement -

That is, now the employees will get Dearness Allowance (DA Hike) at the rate of 34%. Along with this, let us tell you that along with this month’s salary, central employees will also get 3 months arrears. Let us know the calculation of arrears on maximum and minimum basic salary.

AICPI-IW declined in December

Significantly, this decision of the government will benefit more than 50 lakh central employees and 65 lakh pensioners. After this, now the next dearness allowance will be calculated in July 2022.

The data of AICPI-IW (All India Consumer Price Index for Industrial Workers) for December 2021 has been released. According to this figure, in December this figure fell by 0.3 points to 125.4 points. In November, this figure was at 125.7 points. and decreased by 0.24% in December. But, this has not affected the increase in dearness allowance.

DA Calculator from July 2021

  • Month numbers DA percent
  • July 2021 353 31.81%
  • August 2021 354 32.33%
  • September 2021 355 32.81%
  • November 2021 362.016 33%
  • December 2021 361.152 34%

Calculation of DA Marks

  • Calculation for July – 122.8 X 2.88 = 353.664 Calculation for
  • August – 123 X 2.88 = 354.24
  • Calculation for September – 123.3 X 2.88 = 355.104
  • Calculation for November – 125.7 X 2.88 = 362.016
  • Calculation for December – 125.4 X 2.88 = 361.152

Calculation on 34% DA

After increasing the dearness allowance by 3%, the total DA has become 34%. Now on the basic salary of Rs 18,000, the total annual dearness allowance will be Rs 73,440. But talking about the difference, the annual increase in salary will be Rs 6,480.

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

 

- Advertisement -