7th Pay Commission DA Hike: The salary of the employees will increase again. At present, dearness allowance is 31 per cent.
7th Pay Commission DA Hike: Central employees can get good news today. Dearness allowance can be approved in the cabinet meeting. If sources are to be believed, 3% dearness allowance can be approved in the cabinet today.
Dearness allowance will be announced for January 2022. After increasing 3% DA, Dearness allowance will reach 34%. After this increase, the salary of the employees will increase again. At present, dearness allowance is 31 per cent.
How will dearness allowance increase to 34%?
According to experts, dearness allowance may increase by 3 percent in January 2022 as well. According to AICPI data, the index figure stood at 125.4 in December 2021. According to the year 2001 on the basis of AICPI Index, the Consumer Price Index for Industrial Workers, there has been a decrease of one point in the index for December 2021.
With this the index has gone up to 361 points. The 12-month index average for dearness allowance is 351.33. On this average index 34.04% Dearness allowance is made. But, dearness allowance is given in round figure only.
In such a situation, a total of 34% dearness allowance is set to be received from January 2022. According to the data of Labor Ministry, 3 percent increase in DA of employees is confirmed due to this. DA will be increased from 31 percent to 34 percent. This can be paid to the employees in the salary of March.
How will the salary increase?
With the announcement of 34 percent DA, the salary of those with a basic salary of Rs 30,000 per month will increase by Rs 900 per month. On an annual basis, his gross salary will directly increase by Rs 10,800.
The salary of cabinet secretary level officers will increase by Rs 7,500 per month. Meaning, the maximum salary is 2.5 lakh rupees per month, they will get the benefit of 90 thousand rupees on an annual basis. According to the recommendations of the 7th Pay Commission, dearness allowance is paid on the basic salary.
How much money will come for 2 months arrears?
More than 1 crore central employees and pensioners will get its benefit. The increase in dearness allowance will be applicable from January 2022. This means that the employees will also get the arrears of the salary of January and February.
The basic salary of central employees ranges between Rs 18,000 to Rs 56,900. If the new dearness allowance of 34 per cent is calculated on the maximum basic salary of Rs 56,900, then the DA of Rs 19,346 per month is made.
At the same time, the payment that has been made so far has been made at the rate of 31 percent to Rs 17,639 per month. Meaning that the dearness allowance has increased by Rs 1,707 per month in the DA of the employees.
On an annual basis, this increase will be Rs 20,484. 2 months arrears are to be received in the month of March. In such a situation, if the calculation is done, then an employee will also get Rs 38,692 as arrears.
How much will DA increase on basic salary 18,000?
If the arrears are calculated on the minimum basic salary of Rs 18,000, then at present the employee is getting DA of Rs 5,580, which is according to 31 percent DA. Now if 3 percent more is added to it, then you will get Rs 6,120. That means there will be an increase of Rs 540 in the salary of the employees. The arrear money for 2 months will come to around Rs 1,080.
DA changes in 6 months
Dearness allowance is given to improve the standard of living and food of the employees. This allowance is given to government employees, pensioners and public sector employees. Dearness allowance is given so that even after rising inflation, the employees do not face any problem in living their lives. Usually the Dearness Allowance is changed every 6 months, in January and July.
