7th Pay Commission: Welcome to all of you in our country, where people have a tendency towards jobs, the main reason is because of the facilities available with the job. That is to say, even though a certain amount of money is received in the form of salary in the job.
But along with being secure, it also provides other facilities which prepare the person for future adverse situations in the life of the individuals. If you think the same then let us know by commenting. Because we want to know what is the interest of youth in our country at present, in jobs or in startup business. If you or your close relatives are central employees , it’s time to give you and your friends a treat from them.
Because a big good news has been announced by the government for all the central employees. If you too or anyone in your family is working as a central employee, you will surely jump with joy. This means that the government is going to get 38% DA money for all central employees. What is fitment factor If you or any of your relatives are working for a central employee, then you must have heard about the fitment factor.
But many of you must have wondered at some point of time that what is the fitment factor. So let us tell you that the basic salary of the employees is increased only through the fitment factor. Talking about the fitment factor now, if it is increased from 2.57 to 3.68, then the basic salary of all central employees, which used to be ₹ 18000, will be increased to ₹ 26000. In simple words, if this is implemented, then the basic salary of central employees will increase by ₹ 8000.
What is Dearness allowance
Dearness allowance is provided by the government to all government employees to improve their standard of living. The main reason for this is that the government does not want that the rising inflation should have any effect on the living conditions of the central employees. Second biggest increase in 2 years 6 months In reality, there has been a significant increase in DA, different from the inflation figures. Die hikes can be considered up to 4%.
Its official announcement is yet to be made. Once approved by the Central Committee, it will be issued. If the increase in dearness allowance up to 4% is approved by the government, then in January 2020, there will be a second biggest increase thereafter. The June data for the AICPIN Index was released on July 31. Let us tell you that this message had reached 129.2. As a result, an increase of up to 4% over Dearness Allowance was approved.
Will be announced on 28th day of September
- Under the 7th Pay Commission, so far, the Central Government has given DI and DR at the rate of 34% to all central employees and pensioners .
- It will be increased to 38% in the month of September of this year. According to sources, the cabinet meeting which has been held on September 28 is likely to be announced.
- All central employees will get this gift on the auspicious occasion of Navratri. Its payment will also start from 30 September. All central employees will also be provided aerial for two months on payment from September.
- In this, the arrears of July and August have also been included in this. That is, this 2 months arrears can also be received in this time period.
How Dearness Allowance is calculated
As the news is coming out from the side of media reports that the next installment of DA is expected to be provided along with the salary of September. It is very easy to guess how dearness allowance is calculated. It is calculated on the basic pay after the increase of up to 4% over the dearness allowance. For example, if the salary of an employee is ₹ 20000, then his salary will be increased by ₹ 800 in 1 month at the rate of 4%.
How much will the salary be increased
As is in the headlines, there can be a huge increase in the pay of the officer grade. If the basic salary of an employee is ₹ 31550 paper, then its calculation will be as follows.
- Value Salary=₹31550
- Estimated Dearness Allowance (Given) 38% = ₹11998 per month
- Existing Dearness Allowance (Given) 34% = ₹10727 per month
- Dearness Allowance () on increasing by 4% = ₹ 1262 every month
- Dearness Allowance paid after 4% = Rs.12144 (above 38% DA)
- Calculation of 38% DA on Saajan Sajan Basic
