Home Finance 7th Pay Commission: Great news for the employees! Rs 1.5 lakh in...

7th Pay Commission: Great news for the employees! Rs 1.5 lakh in benefits

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7th Pay Commission: Great news for the employees! Rs 1.5 lakh in benefits

7th Pay Commission DA Hike Latest News: There is great news for Central Government Employees. The Modi government has recently increased the dearness allowance (DA Hike) of the employees. In the month of April, big money is going to come in the account of the employees. Let’s know about it in detail.

There  is great news for the Central Government Employees. The Modi government has recently increased the dearness allowance (DA Hike) of the employees.

After this increase, the employees are getting DA Arrears Update at the rate of 42 percent. In the month of April, big money is going to come in the account of the employees. Along with DA, there has also been a bumper increase in TA of the employees. Let us know how much benefit you are going to get now.

Extra money will be available from January 1

From January 1, 2023, the government is getting the benefit of DA at the rate of 42 percent. The government has told that the payment of dearness allowance will be given to the employees in the salary of the month of April. That is, you will get the money in the form of arrears for the months of January, February and March. Let us tell you how much extra money is going to come in the account of the employees.

Rs 18,168 will be extra

Talking about Level 14 employees, the GP for central employees is Rs 10,000. With this, the basic salary will start from Rs 1,44,200. At the same time, including DA and TA money in it will be around Rs 70,788. At the same time, if compared with the old dearness allowance, then according to this, you will get about 6056 rupees more. On the other hand, if we talk about arrears of 3 months, then the entire amount will be Rs 18,168.

Travel allowance is divided into 3 categories 

Talking about travel allowance, it is divided into 3 parts. It is divided according to cities and towns. The first category – Higher Transport Allowance is for the city and other cities have been kept in the category of others.

Labor bureau does the calculation

Apart from you, the calculation of dearness allowance of the employees is done every month by the Labor Bureau. The Labor Bureau is part of the Ministry of Labour. Last year in July 2022, DA hike of 4 percent was done.

Now once again 4 percent has been increased. From the CPI-IW data released on January 31, 2023, it was decided that there would be an increase of 4.23 percent in the dearness allowance. But, it is done in round figure, so it has been done at 4 percent.

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