At present, the dearness allowance of central employees is 42 percent, which is applicable from January to June 2023. If DA is increased by 4% then the DA of the employees will be 46%. The new rates will be applicable from July 1, 2023 and it is likely to be announced anytime between Rakshabandhan to Diwali.
Central Employee DA Hike 2023: There is good news for government employees. Before the upcoming elections, more than 1 crore employees-pensioners of the country can get a big gift in July. It is reported that once again in July, the DA of the employees-pensioners may increase by 4%. This will benefit 48 lakh employees and 69 lakh pensioners. Due to this, there will be benefit of 50000 to 1 lakh in the salary of the employees. However, the official confirmation from the government is yet to be done.
AICPI figures will come at the end of June
Actually, this estimate of DA increase has been made from the data of AICPI index released by the Labor Ministry so far, in which AICPI figure is 134.2 point and DA score is 45.06. After this increase, the total DA will increase from 42% to 46%. Although the May and June AICPI index figures are yet to come, the May figures will be released on June 30, so the index is likely to reach 46.40. If this happens, it is certain to increase DA by 4 percent in July. This will be the second increase of the year.
Dearness allowance can be 46 percent
At present, the dearness allowance of central employees is 42 percent, which is applicable from January to June 2023. If DA is increased by 4% then the DA of the employees will be 46%. The new rates will be applicable from July 1, 2023 and it is likely that it can be announced anytime between Rakshabandhan to Diwali, in which case arrears will also be available, although it has not yet been officially confirmed that how much DA will increase and when it will be announced. The special thing is that with the increase in DA, travel allowance and other allowances will also increase.
How much will salary-pension increase on 4% DA/DR increase?
- If the basic pay of a central employee is Rs 18,000, then after increasing the DA, it will increase by Rs 720. In this way annually he will get Rs 8640 more salary.
- If the basic salary is Rs 56900, then he will get Rs 2,276 more every month in terms of 4% more DA. Annually he will get a profit of Rs 27,312.
- If the monthly take-home salary of a government employee is around Rs 42,000 and the basic pay is around Rs 25,500, then he still gets Rs 9,690 as DA. Now in the event of 4% DA increase, this DA money will increase to Rs 40,740. So in this case, the take home salary will increase by Rs 4,020 every month.
- Monthly pension of 69.76 lakh pensioners will also increase. For example, if someone gets a basic pension of Rs 30,000 a month, then he gets Rs 44,400 as dearness relief.
- After 4% DR hike, this money will increase to Rs 42,600, which means pension will increase by Rs 800 every month.
