7th Pay Commission Latest Update: March 1 (1 March 2023) is a very special day for central government employees. Are you also waiting for DA Hike…? So tomorrow lakhs of central employees are going to get a big gift.
Tomorrow the dearness allowance of the employees will be stamped. Along with this, the increased DA (Dearness allowance) will be announced. That is, there is going to be a bumper increase in the salary of the employees in the month of March. Let us tell you that there is a definite increase in the salary of Rs 27312.
Cabinet meeting will be held tomorrow
Let us tell you that the cabinet meeting is to be held on March 1. Dearness allowance can be approved at this meeting. According to media reports, the dearness allowance of the employees may increase by up to 4 percent. If 4 percent DA is approved, then in the month of March, employees will get DA at the rate of 42 percent. At this time, the employees are getting the benefit of DA at the rate of 38 percent.
To what extent will the salary increase?
Dearness Allowance (Mehngai bhatta) will be increased only after getting the approval of the cabinet meeting. Only after this, there will be a hefty salary credit in the account of the employees. Along with this, the employees will get the money in the form of arrears for the months of January and February. After the 4 percent DA increase, the salary of the employees is to increase from Rs 720 per month to Rs 2276 per month.
The salary of which employees will increase by Rs 27312.
If the basic salary of an employee is Rs 18000, then his salary will increase by Rs 720 per month, that means, on an annual basis, the salary of the employees will increase by Rs 8640. On the other hand, if the basic salary of the employees is Rs. 56900 per month, then their salary will increase by Rs. 2276 per month, that is, the salary will increase by Rs. 27312 on an annual basis.
DA was increased by 4 percent in July also, let us tell you that if the DA of the employees is increased by 4 percent, then the dearness allowance will reach at the rate of 42 percent. In July 2022 also, the government had increased the DA of the employees by 4 percent. Lakhs of central employees and pensioners will benefit from the increase in DA and DR.
