7th Pay Commission DA Hike: The government has made the employees happy. Actually, recently a big good news has come for the central employees. The government is going to give a big gift to the employees. Let us tell you that once again the government is going to increase the dearness allowance of the employees.
7th Pay Commission DA Hike: There is good news for central employees. The dearness allowance of employees will increase once again from July 1, 2024. Earlier, the central government had increased the DA in March this year, which was considered effective from January 1, 2024. Now the dearness allowance is set to increase once again from July. The government increased the DA by 4 percent in January, due to which the DA has increased to 50 percent. Now it is expected that after the Modi government gets its third term, the dearness allowance of the employees can increase by 5 percent and it can increase to 55 percent.
Will DA increase to 55% from July 1?
Actually, it is expected that in view of inflation, the government can increase the inflation rate by 4 to 5 percent. If the government increases DA by 5 percent, then on July 1, the DA of the employees will increase to 55 percent. However, if we look at the past trends so far, the government has announced to give dearness allowance of July 1 only till September-October. This is expected to happen this time too, but whenever the announcement is made, it will be considered effective from July 1, 2024. Central government employees are currently getting 50 percent dearness allowance (DA).
DA was increased on 1 January
For information, let us tell you that the government had approved a 4 percent increase in dearness allowance from January 1, 2024. Now these 6 allowances of government employees will also increase soon. The Department of Personnel and Training (DoPT) issued instructions to release the allowances to the Central Government employees as per the office memorandum dated April 2, 2024 , due to which the allowances were also increased.
House Rent Allowance (HRA) increased
Let us tell you that when DA reaches 50%, the government has revised the HRA rates in cities X, Y and Z to 30%, 20% and 10% of the basic salary respectively. The house rent allowance given to employees depends on the category of the city in which they live. The HRA for X, Y and Z type cities was 27%, 18% and 9% respectively, which has been increased to 30%, 20% and 10%.
