7th Pay Commission: Central employees can get a gift any day now. Employees must be wondering what gift they will get. In fact, the central government can increase the dearness allowance (DA) for central employees and pensioners. The government will increase DA by up to 4 percent, which will be like a big gift.
Following the increase in DA, there will be a record-breaking increase in employee salaries. This increase will benefit approximately 1 crore employees and pensioners. After this, there will be a bumper increase in the salary of the employees. You must be confused about how much the salary will increase. To clear up any confusion, central employees can access the information below. We will explain all the calculations in detail. For this, you will have to read the article carefully.
How much will the salary increase after DA?
Central employees and pensioners are going to have fun. Following the 4 percent increase in dearness allowance (DA), there will be a record-breaking increase in salary. After this, DA will increase to 54 percent. Currently, employees are receiving a 50 percent DA. The calculation of how much salary will increase after the DA hike is easy to understand, so there will be no problem.
If the salary of central employees is Rs 40000, then according to 4 percent DA, there will be an increase of Rs 1600 per month. If we calculate for the whole year, there will be a Rs 19200 increase. There are many central employees whose salary is up to Rs 60,000. According to 4 percent DA, there will be an increase of Rs 2400 monthly in the salary of central employees. If we talk about the annual salary, there will be an increase of Rs 28,800. The increased DA rates will be considered effective from July 1.
Till when can DA increase?
The central government has yet to officially announce the date of the DA increase. The media reports suggest that the increase will take place in the first week of September. Previously, an increase in the dearness allowance occurred in March. These rates were considered effective from 1 January 2024. Anyway, the government increases the DA twice a year. Its rates are applicable from 1 January and 1 July.
