7th Pay Commission: Great news for central employees, DA will increase by this much in January 2023, confirmed!

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7th pay matrix latest news: The government is planning to increase the dearness allowance once again. Information about this has been received from the data of AICPI index. At the beginning of the year 2023 i.e. on the new year itself, the employees will get a bumper gift.

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There is good news for lakhs of central employees of the country. The government is planning to increase the dearness allowance once again. Information about this has been received from the data of AICPI index. At the beginning of the year 2023 i.e. on the new year itself, the employees will get a bumper gift.

Increase in AICPI Index The figures of AICPI Index are once again seeing tremendous growth. This time also the government can increase the dearness allowance by up to 4 percent. Looking at the conditions at this time, it is being speculated that in January also, the government is going to increase the bumper in DA.

DA will be 42 percent, let us tell you that from January 2023, employees will get the benefit of increased allowance, but the government can announce it till March 2023. If the DA of employees is increased by 4 percent, then your dearness allowance will increase to 42 percent.

Whose salary will increase by how much?

Talking about the minimum basic salary, there will be an increase of Rs 720 per month. Apart from this, if we talk about the maximum basic salary, then the salary of these employees will be Rs 2276 per month.

Figures released by the Labor Ministry The Labor Ministry has released the figures
of AICPI. In September, this figure has been at 131.2. The AICPI index has gained a total of 2.1 per cent till September 2022 as compared to June. In comparison to August last month, there has been a jump of 1.1 percent.

Calculation at the level of minimum salary-

>> Basic salary of the employee – Rs 18,000
>> New DA (42%) – Rs 7560 per month
>> Till now DA (38%) – Rs 6840 per month
>> How much DA increased – 7560-6840 – Rs 720 per month
>> Increase in annual salary – 720X12 = Rs 8640

Calculation at the level of maximum

salary- >> Basic salary of the employee – Rs 56900
>> New Dearness Allowance (42%) – Rs 23898 per month
>> Till now Dearness Allowance (38%) – Rs 21622 per month
>> How much Dearness Allowance increased – 23898-21622 – Rs.2276 per month
>> Annual Salary Increase – Rs.2276X12 – Rs.27312

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