7th Pay Commission Latest Update: Government employees have become bat-bats. Dearness allowance of central employees has increased to 38 percent. Yes, before Raksha Bandhan, Narendra Modi’s government has given the gift of increase in dearness allowance to its employees. Dearness Allowance (7th Pay Commission DA Hike) ie DA of central employees has increased by 4 percent.
Now you will get 38 percent dearness allowance
In June, the Labor Ministry released the data of AICPI i.e. All India Consumer Price Index Industrial Workers, only then it became clear that the dearness allowance is set to increase by at least 4 percent. Now the government has also announced this. With this, dearness allowance has increased from 34 percent to 38 percent.
DA arrears will also be available
It has been told in media reports that the government has announced a 4 percent increase in dearness allowance of central employees. The increased dearness allowance will be paid in the salary of September 2022. The increased DA has come into effect from July. This means that the arrears of two months (July and August) will also come in the account of the employees.
Big hike in salary ahead of festive season
Even before the start of the festive season, the salary of central employees has increased. DA arrears will also be available. That is, before the festivals, big money is going to come in their account. Now also know how much money will come in the bank account of central employees. If you calculate on the maximum basic salary, then you will find that the salary is going to increase by Rs 27,120.
Check here the calculation on maximum basic salary
1. Basic salary of the employee – Rs 56,900
2. New dearness allowance (38%) – Rs 21,622 / month
3. Dearness allowance so far (34%) – Rs 19,346 / month
4. How much dearness allowance increased – 21,622-19,346 = 2260 Rs/month
5. Increase in annual salary – 2260 X12 = Rs 27,120
Check here the calculation of minimum basic salary
Now, if we talk about the employees with minimum basic salary, then they are also going to get the benefit of Rs 8,640. Check out the complete math here:-
1. Basic salary of the employee – Rs 18,000
2. New Dearness Allowance (38%) – Rs.6840/month
3. Dearness Allowance so far (34%) – Rs.6120/month
4. How much dearness allowance increased – 6840-6120 = Rs.1080/month
5. Increase in annual salary – 720 X12 = Rs 8640