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Home FINANCE 7th Pay Commission: Good news for central employees, government’s big decision –...

7th Pay Commission: Good news for central employees, government’s big decision – DA will increase once again!

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Maximum and Minimum pension calculation under UPS and 8th Pay Commission: know how much pension you will get
Maximum and Minimum pension calculation under UPS and 8th Pay Commission: know how much pension you will get

7th Pay Commission DA Hike: There is great news for Central Government Employees. After increasing the DA hike, the government has opened a big coffer for the employees, after which the salary of the employees is going to increase substantially.

The government is going to increase the dearness allowance once again. Dearness Allowance from January to June will increase in July, but the figures of how much it will increase will already start coming. The numbers of the figures are also going to come on 31st March.

Let us tell you that there is an increase of 0.5 points in the month of January, which means that there will be an increase in dearness allowance in the future as well. Along with this, there will be an increase in the salary of the employees.

Approval has been received on March 24.

Recently, dearness allowance of central employees has been increased. This has been approved by the government on March 24 and it has been increased by 4 percent. At the same time, before this the employees are getting DA at the rate of 48 percent. At present, the numbers of AICPI index for January 2023 have started coming.

There will be an increase in the month of July

From January 1, 2023, the employees are getting dearness allowance at the rate of 42 percent and now it will increase in the month of July. The CPI-IW index for January 2023 has reached 132.8. On the basis of this, dearness allowance is increased. There has been an increase of 1 percent in the numbers coming in July. That is, it has reached 43 percent. After the figures of February, March and other months come, it will be decided how much it will increase.

The figure will be released after 3 days, March 31 means after 3 days the new figure is going to come. In this figure, it will be known how the index is in the month of February. The data will be issued by the Ministry of Labour. Further calculation will be seen on the basis of this number. At present, it is expected that the dearness allowance will be increased on the basis of the index number and this time also it is expected to increase by 3 or 4 percent DA.

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