7th Pay Commission Update: In the festive season, the Central Government can give increased salary to the employees. Those employees who have been waiting for DA increase for a long time can soon get DA Hike Update along with the arrears of the previous months.
7th Pay Commission DA Hike: In this festive season, the Central Government can gift increased salary to the employees. Those employees who have been waiting for DA increase for a long time can soon get the arrears of the previous months along with DA Hike Update. According to media reports, the increase in DA of central employees may be announced at the end of October.
The increased DA will be approved in the cabinet meeting, after which the employees will get the benefit of higher salary. According to AICPI index data, this time also the government can increase dearness allowance by 4 percent.
What was the figure in June?
According to our partner website Zee Business, the index number in June was 136.4 points. If we look at the calculation based on this, DA Score has reached 46.24. This means that there will be a total increase of 4% in DA.
What will be the calculation on Basic Salary – Rs 56,900
– >> Basic Salary – Rs 56,900
>> New DA (46 percent) – Rs 26,174 per month
>> Present DA (42 percent) – Rs 23,898 per month
>> How much DA increased – Rs 2276 per month
>> How much will be the annual increase – Rs 27312
What will be the calculation on Basic Salary – Rs 18,000
– >> Basic Salary – Rs 18,000
>> New DA (46 percent) – Rs 8280 per month
>> Present DA (42 percent) – Rs 7560 per month
>> How much DA increased – Rs 720 per month
>> How much will be the annual increase – Rs 8640
DA will increase by 4 percent
Under the 7th Pay Commission, this time also the government will increase the salary of the employees by 4 percent. After this increase, the DA of the employees will increase to 46 percent and the employees will get its benefit from July 1, 2023. According to media reports, employees will have to wait a little longer for the increased dearness allowance. The government can give this gift to the employees at the end of October.
