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Home Personal Finance Big news for employees, 4% increase in DA soon, so much money...

Big news for employees, 4% increase in DA soon, so much money will come in the account, will get benefits

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SBI's new saving scheme! You will get the benefit of RD and SIP, know details
SBI's new saving scheme! You will get the benefit of RD and SIP, know details

Along with the 4 percent increase in the dearness allowance of the employees, there will be an increase in their salary. At the same time, there is a possibility of 4 percent increase in dearness allowance. His DA has seen an increase of up to Rs.27000. After which a bumper increase will be seen in the dearness allowance of the employees.

7th Pay Commission: Employees are going to get very good news soon. Actually their dearness allowance will be increased. Orders for this are to be issued soon. This time the dearness allowance can be increased by 4 percent by the central government. The possibility of announcing a continuous increase in the Modi cabinet meeting is being expressed.

According to media sources, the possibility of increase in dearness allowance was being expressed in the Modi cabinet meeting. However, it is believed that an increase in the dearness allowance of central employees can be announced on Ram Navami. And it will be implemented from January 1, 2023.

AICPI statistics

Dearness allowance will be increased to 42 percent for central government employees. On the other hand, according to the data of CPIW, there has been an increase of 4.23 in the dearness allowance till December 2022. In such a situation, the central employees can be increased at the rate of 4% on the basis of round figure. Earlier in September, dearness allowance was increased by 38 percent.

Salary will increase so much

The increase in DA for central government employees will see an increase in their take home salary. An employee gets ₹ 25500 per month as basic salary and with 38 per cent dearness allowance the salary is Rs 9690. And if there is an increase of 42 percent, then their DA will increase to ₹ 10710.

The 4% hike will be implemented from January 2023

The dearness allowances available to central employees are made available under the recommendations of the Seventh Pay Commission. Dearness Allowance is increased as per the recommendation of the Seventh Pay Commission. Labor Bureau of the Ministry of Labor is calculated on the basis of the main index. On the other hand, it takes 6 months to revise Mhanghai Mein Tere. At the same time, dearness allowance is calculated under the CPI figure. The current 4% hike will be implemented from January 2023. Earlier in July it was increased by 4%.

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