7th Pay Commission DA Hike: is great news for Central Government Employees. If you are also waiting for DA Hike in the new year. So there is going to be a bumper increase in your salary even before Holi. The government can once again increase the dearness allowance of the employees by 4 percent. This has come to be known through the data of AICPI index.
Increase in DA happens 2 times
Let us tell you that the government increases the dearness allowance of the employees 2 times in a year. The first increase is done in the month of January and the second increase is done in the month of July. The new year has started, so at this time the employees are waiting for the increase in their DA.
4 percent may increase
According to the data released so far, it is clear that this time also the government can increase the dearness allowance by 4 percent or up to 3 percentFor this, the AICPI index will have to increase by 0.4 points in both November and December.
Lakhs of employees will get the benefit
Let us tell you that if there is an increase of 4 percent in the DA of the employees, 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. The increase in DA and DR will benefit 48 lakh central employees and 68 lakh pensioners.
With the increase in DA at the rate of 42 percent, how much will be the increase in the salary of Level-3-
>> Basic Salary of the employee – Rs 56900
>> New Dearness Allowance (42 percent) – Rs 23898 / month
>> Till now Dearness Allowance (38 percent) – Rs 21622/month
>> how much dearness allowance increased – 23898-21622 = Rs 2276/month
>> increase in annual salary – 2276X12= Rs 27312
